2006-07
EPA Project
F. 3A
Gachapon Shop
扭蛋特區
Group Members
Phoebe Ng
Joanne Pun
Vivian Sze
Joanna Chan
Sally Choi
Investment capital
Items Quantity Price (each) Total Price
Cash register 1 HK$1,365 HK$1,365
Air-conditioner 1 HK$6,658 HK$6,658
Lamp 10 HK$22.00 HK$220.00
Chair 1 HK$75.00 HK$75.00
Gachapon vieding machine 50 HK$998.00 HK$49,900
Fascia(big) 1 HK$1500 HK$1500
Fascia(small) 1 HK$650 HK$650
Paint 3 HK$30 HK$90.00
2 months’ rental 2 HK$3,5000 HK$7,0000
1 month’s deposit 1 HK$3000 HK$3000
Brick 1600 HK$20 HK$32000
Desk 1 HK$500 HK$500
Total expenditure: HK$165958
Reference
http://www.seattletrading.com.hk/
http://www.seattletrading.com.hk/tc/crindex.htm
http://chemtoy.com/in_index.htm
http://hk.f2.page.auctions.yahoo.com/hk/auction/b5779626
http://www.gp-dm.com/viewProduct.asp?subCat=5
air conditioner
cash register
lamp chair
brick desk
Monthly Costs
Monthly rental $35000
Salaries $0
Energy charge $120
Water charge $0
Raw material:
Gachapon shells $8000
Gachapon toys
$140000
Total $183120
Reference:
We have asked the agents of Ka Fu Real Estate for information of the
monthly rental of the shop through the phone. They provided that the
monthly rental was $35000.
Websites:
http://www.net-marts.com/syssite/home/shop/355//index.php?gOo=./go
ods_search_list.dwt&gcat=1422
http://www.chemtoy.com/egg.htm
http://www.clpgroup.com/NR/exeres/8DF2EE53-61F9-4B49-86CC-255C
87786DB0%2CF3AEC039-8B63-439D-8FA8-366F22A514A8%2Cframele
ss.htm?ch=%5FHK%5FCLPP%5FBusCust%5FBill%5FTarf%5F&lang=tc
Monthly Revenue
Price per unit =$ 12.5
*Since we will sell products of 4 different price, we take the average as
the price per unit.
No. of customers per day =300
Quantity bought by each =2
Revenue per month = $12.5x 300x 2x 30
=$225000
References:
We have done a survey on the no. of items bought by each customer in the
gachapon shop in Causeway Bay. We have found that the average of the
items bought by each customers is 2.
And from the research on the number of people crossing the road near the
location, we estimated that the number of customers per day is around
300.
Profit Prospect
Monthly profit= $225000-$183120
=$41880
Time required to cover the initial capital=$165958/($225000-$183120)
=3…9
=4months
Promotion and advertisement
Poster: It will be posted on the shop window two weeks before the opening of the
shop. It will last for one month.
Pamphlets: It will be distributed in the busy area in Wanchai (e.g. around the MTR
station). It will last foe one month,
Costs of the promotion:
Items Quantity Price
Posters 5 HK$0.6x5= $3
Pamphlets 6000 HK$0.07x6000= $420
Total HK$ 423
Phoebe’s Reflection
I love to buy gachapon, however I had no idea about the operation of
gachapon shop before the project.
During the project, I have learnt more about business. For instance, I
have had a clear understanding about the expenditure and the income of a
shop which I have had no idea before. Also, I have known that to start a
business, so many aspects have to be considered, including the location and
the target customers. This gave me a brief concept about business which is
useful for my future business.
On the other hand, I have learnt more about gachapon. For instance, I
have known that there are different prices of gachapon, etc. These have
increased my interest in gachapon.
In addition, I have learnt how to cooperate with others. In fact, I had
already handled some of the skills in the first term. But as the group
members this time were different, I needed to apply the skills to
cooperate with them. And during the project, I have learnt more.
Overall, I have learnt much during this project and they are useful for
my future studies. Also, I think this project was interesting and I would
like to have another similar project in the future.
Vivian’s Reflection
I think this project is very interesting and fresh to me. At the beginning,
I have no idea of how to set up a shop because I have no such experience
about opening a shop. I have learned many other new things during this
project. When I’m doing this project, I have searched many information
and it help me to understand more about the knack of manage a shop. I
have learned how to set up and to operate a shop. And also I have learned
how to communicate to my group mates. Lastly, I have learned more about
the market in Hong Kong.
I have met some difficulty in doing this project. First, we have less than
half a month to finish this project, and we have many homework in these
day. So we have allocated the job and do it in a hurry. Second, we all have
no experience about opening a shop about GACHAPON. And GACHAPON is
very common in Japan but not in Hong Kong. So we have to take a long time
to find the information. Lastly, during our discussion, there have some
argument because we have different ideas. But the last we can solve
problems easily because we all respect others.
Sally’s Reflection
I have learnt many extra things in this project.This things I can not
learnt in lessons,I can only learnt in when I am fining the information for
this project. I can learn how to manage a shop, how to work on it.
I quite like this project because it is very interesting and free. It is
interesting because the project let us to think what we want to do or
business, it within the limit,and so we can open any kind of shop what
ever we like!It is really feel so free.Although the shop may be not real,
but it is really feel so authentic. We need to find the price of the shop,
flooring,wall and even we need to find the information of the products
we want to sell.
All the things just like we really need to open a shop by our own.
Although finding the information of the things we need are quite
complicated and difficult, but we can still do it.And although we have
some argument in the product we sell in the shop, but at last we can still
understand and cooperate with each other. We can learn how to respect
each other during the project.
I enjoy having this project!
Joanna’s Reflection
Being students, we do not have chance to operate a business. But the
project this time is different with those before, we have a budget for
establishing the business.
Every thing including the business type, location, price setting, etc are
decided by us.
We are not students anymore but every one of us is the boss. We
have to think of a lot of factors that may earn more profits and try our
best to control the expenditure, not to over budget. I think we can’t learn
this kind of skills in our textbooks and lesson. But after doing this project,
I know why my parents always said that money is not easy to get. I think
this is absolutely right now. Operating business involves risks and we
should draft our plan as perfect as we can.
Perhaps not all of us will become a boss in the future, but this is
really a fantastic experience being a business owner. I think most of us
have not been connected with such a large amount of money. During the
projects, I completely put in the role as a boss. In order not to not to cause
a loss of capital in business, we made each of the decision seriously and
thought about the effect deeply. What we concerned about is how to use
the least expenditure but earn the most profits.
Lastly, this project we prepared in a short period. But my group still has
enough time to finish a quite successful report. I think the duties
allocation is important before we started doing the project, so that our
project can work out efficiently.
However, we all work hard in the project during this short period. But
there are still some improvements for me. I should not spend too much
time to concentrate in only one work each time. I think I can do better in
the next project. I want to be a responsible group member and also a
profitable boss.
Joanne’s reflection
When I received the instruction of this project, I was very nervous. “ To
start you own business and draft a business plan” is the title of the
project.
“I have no experiences in business, how can I set up my own business?” I
asked myself. I used to think that this is a really difficult task.
We first think of our business, we decided to set up a gaschapon shop
because we think that we can make profits. And gaschapon is so popular in
HK, so we are familiar with this.
During the project, we need to do a lot of investigation, like finding
newspapers, websites which are related to our business. This gives me a
chance to know more about gaschapon. And especially the way to operate a
shop, I am sure that it’s useful in my future.
Besides, finding location for our shop is one of the most interesting
experiences. We need to make sure that the site of our shop has a strong
potential, like the transport facilities. Once we found a suitable shop, I
phoned to the agent and ask for the rental price, area of the shop etc.
I enjoy doing this project, I feel that I really learn a lot that are not
mentioned in books.
Duty Lists
Cover: Vivian Sze
Business type: Joanne Pun, Phoebe Ng
Target group: Joanne Pun, Phoebe Ng
Location: Joanne Pun, Phoebe Ng, Vivian Sze
Original design of product: Joanne Pun, Phoebe Ng
Price setting: Joanne Pun, Phoebe Ng
Investment capital: Phoebe Ng, Joanna Chan, Sally Choi
Monthly costs: Phoebe Ng, Joanna Chan
Monthly revenue: Joanne Pun, Phoebe Ng
Profit prospect: Phoebe Ng
Promotion and advertisement: Phoebe Ng, Vivian Sze