The Grind

Last Friday, May 1st was the last day of our 10 day trial, however, we were only open for 8 days do to our key problem that inhibits us from opening in the morning on some days. This week we have been working on creating a presentation to present to Mrs. Sanderson who will approve the rest of our trial for the year. We had the meeting with her during our small business class this Wednesday. The conversation went really well and she was very impressed with our profit and total sales. We are currently waiting for her to get approval from a few other administrators so that The Grind can open back up. At the end of our 10 day trial we have made $560.40 and $332.07 of that was profit. While we are waiting for approval, we are taking this time to start our final projects, which is our crowd funding campaign. For this campaign we are trying to raise money to create a cafe area around The Grind with comfortable, inviting seating and music.

The Grind

We have officially opened and we are on a 10 day trial run. We are day 3 into our trial and have made around $90 in profit. However, we have broken even and have gotten new supplies, which cost around $70. We have been opening before school, during break, and on certain days during our free periods. The problems that we have run into are: not producing coffee fast enough, clean up takes a long time when we have to put the other business's supplies back where we found them (The Igloo's), and trying to keep up with the demand of certain bars. Our solutions have been to make a pot of coffee and not just have the Keurig, saving enough time to clean up during our last period open, and we have not exactly found a solution for our bar demand because our storage is minimal. We have added more to our menu based on feed back that we have been given, for example: Vitamin Waters, Whip Cream, and other bars. We are the most successful group so far out of our class mainly because of the demand for food at school is high. Overall, we hope to keep our spot longer than 10 days in that location and hope to expand our business's inventory. We are now working on a Crowd-funding Campaign for our final project (it will not actually go live because we are not 18) and and we are "raising money" to buy seating for in front of our bushiness. We are trying to make the space around The Grind a more inviting space with comfortable seating with a cafe-like feel. Overall we are in good shape and are making a good profit and have a steady cash flow.

Food? Food.

Today we worked on hashing out a lot of small details like who to get in touch with to talk to about being able to use the Igloo space. We also got our idea of the bake sale like day where we have people taste different types of coffees to give us feedback. We were also able to create a survey for students to tell us some details that will be helpful when deciding what we want to offer at the cafe and when we should be open during the day. Our main focus right now is figuring out if we are allowed to use the Igloo. Once we have that information, the next steps in the process will come a little faster.