Potential business opportunities for a micro-business start-up. by Devesh DADLANI [08R] https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z en-us 2023-08-21 03:01:17 UTC 2023-08-25 04:49:16 UTC hello@padlet.com Potential business opportunities for a micro-business start-up. deveshdadlani1 https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667027156 2023-08-21 03:03:23 UTC https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667027156 Jesmonite! https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667035257 We source Jesmonite and the moulds for products we want to sell.
We use the 4th floor for our product manufacturing, and we think of products our friends would like and also parents and teachers. We will need to do some market research to find out what they may like and then find out the cost of the moulds and materials. We can sell at the winter fair and also generally.]]> 2023-08-21 03:11:55 UTC https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667035257 Selling print-out past papers or online cherylng1 https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667038418 - print-out past papers
a source with paper and printing by bulk so it would be cheaper to start up. demand can be stocked by filling out a google form to avoid extra paper being wasted.

- Online 
online would have hundreds of past paper in a folder so students don't have to look around for past papers.

target market: students
Reference: last year at least half of science classes paid for biology, chem and physics print out past paper booklets.

-Cheryl Ng]]> 2023-08-21 03:15:31 UTC https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667038418 Digital templates aadya_dusad https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667038956 Product: Digital Notion/Asana templates to help students keep track of important information, dates and events so they don’t feel overwhelmed and stressed.
- Notion is a really flexible software but has a massive learning curve which is why people often try using it but end up neglecting it. 
- I could sell the templates through Etsy, Amazon and social media (Instagram, Pinterest, etc.)
- There is no cost of production and is easy to run.
Target market: High school and college students
Research: 
  • 86% of college students struggle with time management and organization
  • 92% of high school students face burnout because of poor time management
- Aadya
]]> 2023-08-21 03:15:45 UTC https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667038956 Islander tutoring https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667039403 A continuous tutoring experience for island school students typically higher years (12, 13), tutoring younger year (7-10). Parents would be paying for the tutoring and the school would also put in money. Advancing and creating online groups and psychical meet ups in person. Having access to a personal profile on a website that would be made with access to their GCSE results when choosing yourself a tutor.
Potentially making it a business across the ESF school making it only accessable if you are a ESF student.
Sofia Robertson]]> 2023-08-21 03:16:13 UTC https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667039403 Upcycling (School thrift store) https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667042600 - secondhand clothes
- target market: students
- prices below $100, affordable  
- transactions online or in person, sold clothes in a designated locked locker for students to collect
- promotion: selling items posted on social media, e.g. instagram (main form of communication)
- host events to promote the store: interhouse thrift challenge (with a time limit) / best dress, possible auction for finished pieces

Celine]]> 2023-08-21 03:19:39 UTC https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667042600 S.A and Research papers service - Mihir mihirdowlani1 https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667045608 A service based business where where we get island school students to help others with work such as SA's and research papers etc. The market would generally be to other students however we would also try to target corporate businesses as they would most likely w ant to use this cheap service. For this idea we would give house point to the students who help however for work from older years (11-13) we would give them ten dollars more than the minimum wage. As this is a business we would also give them internships which would be good for there cv. I believe this business would be very successful as currently there are lots of AI tracker therefore people are generally looking for other alternatives. Therefore this way if Someone works a long time on a project they wou ld be paid accordingly. We would charge around 70 HKD per hour of work done.Our cost generally would be very low as for higher quality work our cost would be 50 however for lower level work it would be free. Another reason I think that this idea would work is 86% of college students struggle with time therefore this tool would allow them to free up there time and allow them to spend there time elsewhere. - Mihir Dowlani 
 ]]> 2023-08-21 03:22:56 UTC https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667045608 Laser engraving sumanmiu1 https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667046055 Product: Laser engravement on metallic objects or other solid objects.

We will use the Design Technology room for this and use their laser cutter or 3D printer. We think that this service would be targeted towards the younger years (years 7 to 10s) as they would potentially want more cool and unique designs on their belongings.

We would then use market research to help us identify which year group would most likely be interested in this service and therefore target them, we would also use market research to help identify what designs and what objects the year group would prefer as well.

we could charge varied prices based on the product

70-200]]> 2023-08-21 03:23:23 UTC https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667046055 baked goods cherylng1 https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667051566 Running a home bakery as a side business allows bakers to do what they love while earning money. It is affordable to start a home bakery. You don't even have to rent a shop. The baking industry has long been thought to be fool-proof. This is because people need to eat, and a big number of people love and are prepared to pay for fresh items.
- target audience is a wide range as everyone can eat
-reference ;
research that food stalls that are fresh generate 67% more revenue than frozen food and jewellery stores in a shopping mall
-cost 
cheap to run and buy bulk ingredients
-Profitability example
a big batch of cookies could be made for the cost of 80 hkd and one batch can make 70 cookies. each cookie being sold for 20 -30 can easily profit over 1400 dollars in a single batch. 
-cheryl

]]> 2023-08-21 03:30:03 UTC https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667051566 House Merch Store aadya_dusad https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667051822 Product: 

- Hoodies, sweaters, etc.
- House-themed products like yoga mats, swim shorts, keychains, etc.
Products:
- Towels, hats, apparel
- Have to get PTA approval 
- Set up a stall at school to sell and/or use Instagram
Target market: Island School students (specifically Y7's because they're usually more excited because they're new)]]> 2023-08-21 03:30:22 UTC https://padlet.com/deveshdadlani1/yocazyb1a5uojc6z/wish/2667051822