JA BizTown : Restaurant BizPrep Welcome Letter

Size: px
Start display at page:

Download "JA BizTown : Restaurant BizPrep Welcome Letter"

Transcription

1 Welcome Letter Business CEO: We are looking forward to your school s on-site simulation visit to JA BizTown and hope that you and your team are as well. We know you are learning a lot about operating your own business and handling your own checking account. Before long, you will be able to put your knowledge to work and, hopefully, see success for both yourself and your business. You will find many important papers in this BizPrep Packet. All pages must be read and/or completed before coming to JA BizTown and must be brought with you on the day of your onsite visit. There are also several tasks to be completed in preparation for your visit. Please use the checklist below to assure that all paperwork and tasks are completed. The Business Cost Sheet has been completed and checked for accuracy. The Loan Application has been completed and is ready to be taken to the JA BizTown Credit Union. The Radio Ad has been written clearly and legibly. The Newspaper Ad is completed neatly and correctly. The Television Ad is prepared correctly. The Philanthropy Pledge Sheet has been signed, indicating your business pledge to support charitable giving. Each employee has: written his/her name on the top left corner of every personal check and deposit ticket. written his/her account number on their checkbook cover, bottom right corner of every personal check, and deposit ticket. The assigned account numbers are found on the Business Cost Sheet. completed the first deposit ticket requesting $2.00 cash back and recorded the first deposit entry in the checkbook register. (optional) Each employee has a name tag. Your signature at the bottom of this page indicates that your business team is ready for business! Thank you for handling this responsibility! We look forward to seeing you soon, Lena Yarian President, JA of Northern Indiana Our business has prepared each of the above items: CEO S Signature 1

2 Business Cost Sheet Student Name (First and Last Name) Account # Break Salary Periods Salary CEO 188 Yellow $9.00 X 2 = CFO 189 Red $8.50 X 2 = Beverage Associate Red $8.00 X 2 = Beverage Associate Green $8.00 X 2 = Floor Associate Red $8.00 X 2 = Floor Associate Green $8.00 X 2 = Floor Associate Yellow $8.00 X 2 = Food Associate Green $8.00 X 2 = Food Associate Yellow $8.00 X 2 = Sales Associate Yellow $8.00 X 2 = Sales Associate Green $8.00 X 2 = Sales Associate Red $8.00 X 2 = NOTE: The above assigned account number MUST be the same account number written on the front of the citizen checkbook. OPERATING COSTS Section A: Total of All Salaries $ Advertising ($4 to City Hall/Newspaper, $8 to Broadcast Center) $12.00 Equipment ($2 to Transportation, $3 Aviation Manufacturing) $5.00 Generator ($3 to Manufacturing & Engineering) $3.00 Health Care ($5 to Health Care Center) $5.00 Insurance ($2 to Professional Office) $2.00 Logistics ($2 to Logistics) $2.00 Taxes ($5 to City Hall) - Personnel Taxes, Property Taxes $5.00 Professional Services ($6 to Professional Office) - CPA, Attorney $6.00 Philanthropy ($2 to Utility Company) $2.00 Rent ($3 to Professional Office) $3.00 Supplies ($7 to Supply Center) $7.00 Utilities ($5 to Utility Company) $5.00 Section B: Total Operating Cost $ 2 2 Total Business Costs: (Salaries plus Operating Costs) $ A + B Transfer the Total Business Costs to Line 3 on the Loan Application.

3 Loan Application BUSINESS INFORMATION Business name: Do you provide a good or a service? Use the information on the Business Cost Sheet to complete this application. EMPLOYEE INFORMATION Number of employees: Total of All Salaries: $ Line 1 Transfer from Business Cost Sheet: Section A OPERATING COSTS INFORMATION Total Operating Costs: $ Line 2 Transfer from Business Cost Sheet: Section B TOTAL BUSINESS COSTS Total Business Costs: $ Line 3 Line 1 + Line 2 TOTAL INTEREST AMOUNT $ Line 4 (Multiply 5% times the Total Business Costs) Line 3 x.05 TOTAL AMOUNT DUE $ Line 5 (Total Business Cost + Total Interest Amount) Line 3 + Line 4 As a representative of the above named business, I agree to repay the Total Amount Due, which includes both the loan amount requested plus interest. I certify that the above information is correct to the best of my knowledge. (CEO s Signature) TO BE COMPLETED AT JA BizTown Approved Denied _ (Bank CEO s Signature) 3 3

4 Newspaper Advertisement The newspaper published at JA BizTown will consist of articles and ads. Each business is responsible for determining the text for their business advertisement. On the day of the visit, the newspaper staff will collect this advertisement from your business and lay out the pages using the information you provide below. Your advertisement may need to be edited to fit into the newspaper. (Characters include letters, spaces and punctuation.) Using no more than 140 characters (15-20 words), write below a descriptive advertisement for your business. Be creative! Note: You will not know what items you are selling until you arrive at JA BizTown. Take this opportunity to advertise the quality characteristics of your business. Let people know what a great staff/business you will be running so they know why they should visit your business. 4 4

5 Radio Advertisement On the lines provided below, create a radio commercial for your business. A 30-second commercial is about 110 words. Print it clearly so that your advertisement can be read by the Disc Jockey. Time: 30 seconds Note: You will not know what items you are selling until you arrive at JA BizTown. Take this opportunity to advertise the quality characteristics of your business. Let people know what a great staff/business you will be running so they know why they should visit your business. 5 5

6 Television Advertisement On the lines provided below, create a television commercial for your business. A 30 to 45 second commercial is about 110 to 170 words. Print it clearly so that your advertisement can easily be read on the air. You may bring simple props approved by your teacher for filming at JA BizTown. If possible, 1-2 people from your business may be involved in filming your commercial. Due to time constraints, Broadcast Center Staff may read your commercial they will not necessarily act it out as you would. Time: seconds 6 6 Note: You will not know what items you are selling until you arrive at JA BizTown. Take this opportunity to advertise the quality characteristics of your business. Let people know what a great staff/business you will be running so they know why they should visit your business.

7 Philanthropy Pledge Good citizens are people who accept their share of responsibility for making their community at JA BizTown a better place. Across America, individuals may demonstrate their citizenship by donating their time, skills, and money to charitable organizations. Here at JA BizTown, student citizens have the opportunity to donate money to a worthy JA BizTown non-profit organization. PHILANTHROPY PLEDGE (Business Name) MY EMPLOYEES ARE AWARE OF THE MISSION OF NON-PROFIT ORGANIZATIONS AND THEIR PURPOSES. WE PLEDGE OUR FINANCIAL SUPPORT. CEO s Signature: Employees Signatures: Note to JA Staff: BizPrep Overview This document is located in the BizPrep Tab of the curriculum guide and contains the list of By signing the above philanthropy pledge, our business is agreeing to pay $2.00 to support a non-profit organization. We understand the importance of giving back to the community. 7 7

8 Business Overview A food service business that offers popcorn and pop for purchase to the JA BizTown citizens. CEO 1. Submits loan application. 2. Signs all business payroll checks. 3. Oversees business operations and makes business decisions. 4. Works with employees to reorder additional inventory, if needed. 5. Signs Insurance Policy and Rental Agreement. 6. Completes the Business Improvement Plan. 7. Prepares and gives speech at the Opening Town Meeting, if time permits. BEVERAGE ASSOCIATE 1. Prepares lunch area, sets up chairs, tables, cleans area, etc. 2. Maintains a clean work environment. 3. Monitors beverage supply inventory and works with CEO if reorders are necessary. 4. Assists and substitutes for Sales Associate as needed. FOOD ASSOCIATE 1. Prepares lunch area, sets up chairs, tables, cleans area, etc. 2. Maintains a clean work environment. 3. Prepares food (popcorn) items for sale. 4. Monitors food supply inventory and works with CEO if reorders are necessary. 5. Assists and substitutes for Sales Associate as needed. CFO 1. Obtains bank loan. 2. Inputs employee payroll information. 3. Prints and distributes employee payroll checks. 4. Makes business expense payments. 5. Makes business deposits and tracks loan payoff progress. FLOOR ASSOCIATE 1. Prepares lunch area, sets up chairs, tables, cleans area, etc. 2. Wipes tables and chairs, sweeps floor, and empties trash bins in restaurant. 3. Talks with customers to be sure they are satisfied with the service. 4. Handles any spill or cleanliness issues in customer eating areas. SALES ASSOCIATE 1. Distributes supplies received from the Supply Center. 2. Prepares lunch area, sets up chairs, tables, cleans area, etc. 3. Maintains a clean work environment. 4. Takes customer orders, receives payment, and delivers food and/or beverage items to customers. 5. Forwards collected cash payments to CFO for deposit. 8 8