Wiveroh Enterprise

2008-11-27T23:17:00.001-08:00

One last thing.. Special thanks to Mr Clarke who has been fairly good to us and helped us when we struggled, including stats.
Also the jokes that made our days

Regards,
Wiveroh

2008-11-27T23:07:00.000-08:00

Its sad to say this, but wiveroh is officially closed down. This is due to the recession around the world that causes AD to fall which causes our revenue to gone down below our estimation .The income we received did not cover our variable cost as we calculated using BEP method, yes even though we are not a manufacturing company, but we just thought to use it anyway because thats the only one we've learned so far.
In conclusion, i just want to say that wiveroh enterprise group which are owned by wira and johan is officially over.That means teachers have to buy their own stationary, luckily petrol price has drop recently.
Anyway this story is not completely true, some are.

If you are willing to contact us, simply just drop a comment here or email us to wiveroh_enterprise@hotmail.com

p.s exams are over!

US 22863

2008-10-27T14:13:00.001-07:00

Today is the due date of the Unit Standard
Johan has finished the evaluation, and is waiting for Wira to finish his evaluation

US 22863

2008-10-20T17:30:00.000-07:00

we are doing the evaluations today
We have done our weaknesses and strengths :)

US22863-2

2008-10-16T14:41:00.000-07:00

Today we are still continuing on our Unit Standard
We have completed the Power Point up to page 25
Wira completed the Alignment with Business Plan
Johan completed the Risk Management

US 22863

2008-10-15T13:46:00.000-07:00

Today, we are still working on our assignment.

I am working on Alignment with Business Plan and Johan is working on risk management.

6 days

2008-08-13T15:37:00.000-07:00

6 days left until the due date.

7 days

2008-08-12T14:30:00.000-07:00

7 days left to go to sell before the due date

Order purchase

2008-08-10T19:54:00.000-07:00

We have got and given the pens to Mr Clarke.We are now making the invoice so that we can get paid.

NEW ORDER

2008-08-07T18:42:00.000-07:00

We just received the form back and we will try to get the items ASAP

Order form

2008-08-07T18:35:00.000-07:00

We just printed another order form for Mr Clarke( thanks sir). We are now waiting to get the form back so we can start buying it.

Cheers,
Wiveroh

hello

2008-07-29T16:19:00.000-07:00

testing

More Sales

2008-06-25T14:40:00.000-07:00

Good Morning,

We have made a sales of $15.50 from Mr Clarke and $3.00 from Mr Sinclair( refill pad)
We are now doing the tax invoice as well as updating our cash receipts journal.

Looking forward for the next order.

Saless

2008-06-18T18:08:00.000-07:00

We've made another sales today. We've made $21 worth of sales( should be $20.90 but Mr Sinclair was being nice to us and give an extra 10c)!
We still need to buy the reffill pad today, and hopefully we get the right one this time.( cause we made a loss of $2.00)

So yeah, thats for today

have a nice day.

2008-05-26T17:59:00.000-07:00

We have sold some school supplies to Mr. Clarke.

2008-05-26T17:58:00.000-07:00

Today we have done our order form, ready to be given out to the teachers. We also have made our bank account.

Wiveroh Meeting - 12 May 2008

2008-05-11T19:59:00.000-07:00

Wiveroh Meeting 12-May-08

Present: Everyone
Apologies: None

Agenda:
1) Brochure : Veran & John
Finish text and layout of the brochure - use ADOBE InDesign

2) Sponsorhip : Wira
Find 20 companies to approach

3) Logo : Johan
Make a "glossy" logo

EVERYTHING HAS TO BE DONE BY FRIDAY, 16 MAY 2008

YES Bank account

2008-05-08T17:44:00.000-07:00

Today Wira and Johan went to ASB bank to form our companies YES Bank account. WE jave also begun to produce pamphlets for our business's advertising T-shirts to provide to companies whom we seek sponsorship from.

Oral Presentation

2008-04-14T15:24:00.000-07:00

After yesterdays briefing about our oral presentation, we have begun to produce a power-point presentation aswell as preparing what the members in our group are going to say for the presentation.

Constraints and opportunities

2008-04-07T02:33:00.000-07:00

After careful consideration about internal and external contraints and opporunities associated with our promotional T-shirt.

Constraints for our product include:
- Some members in our company may not commit and this will cause our group to fall behind and hinder our progress.
- Companies may not support our product idea and turn us down, this will lead to our company needing to find other companies in the community to give us sponsorship.

Opportunities for our product include:
- Some companies may be impressed with our buisness idea and companies may come to us with their money so that we do not need to go and look for sponsors.
- Our company may become world famous with the sucess of our first $10,000 T-shirt.

Wira contributed this section of our blog.

Marketing

2008-04-07T02:22:00.000-07:00

Marketing is essential for our product as it will enable our product to gain recognition arond the community and it is also important for our company as our product is a marketing device which is unique and will gain alot of media attention.

- Product: Our product is a $10,000 Advertising T-shirt in which companies sponsor our product in order for them to achieve community recognition by the unique marketing ploy.

- Place: As our product is an advertising T-shirt the place in which our product will be marketed is very broad. We intend for our product to be worn by teenaged to middle ages people which will allow the product to be seen throughout the community and possibly even around the country.

- Promotion: In order for our product to sucessfully get promoted it will be required of us to build and maintain an active website which enables people to read up and learn the background behind our "Walking Billboard" T-shirts. As well as using internet as a means of promotion we believe that should our product have a sucessfull launch we will also gain media attention which will allow our group to gain further promotional opportunities on radio and possibly even on prime time News.

- Price: Our product requires 10 companies to sponsor us with $1000 each. Although the cost of production has been set at a total of $10,000 we will give away our promotional T-shirts as this will help our product to be launched and distributed sucessfully around the community and possibly even around New Zealand.

John contributed the information in this blog.

Operations

2008-04-06T15:45:00.000-07:00

Today we started discussing operations and the Consumer Guarantees Act. Regular operations within our company will be:

- We will constantly need to update our promotional website to ensure that our website informs people in the community who has won our monthly spot prizes and also so the companies that we are marketing getting community recognition. This is important four our company and those that we obtain sponsorship from as it allows all companies to gain a greater community recognition and it also helps us monitor is people wear our T-shirts in the public with our spot prize promotion.

- As well as maintaining our Website we also need to constantly obtain new sponsors in order to keep our website and promotional T-shirts alive. By constantly seeking new sponsors we are enabling many companies in the community to gain recognition and to also help us gain more revenue.
- Once we have sucessfully obtained more companies to provide our company with sponsorship to create out $10,000 T-shirt we will then be required to produce logos for the companies that will be printed onto our T-shirt. This is a vital operation throughout our enterprise venture as if companies are not satisfied with the way their logo has come out on the T-shirt they may withdraw their sponsorship, thus jepordising our business plan.

- Upon finalising our sponsors, confirming sponsor logos to be printed onto our T-shirt we will then be required to obtain a company to screen print our T-shirts. This is another vital operation in our business as there will be no product if we are unable to produce the T-shirt.

- Finally we will be required to constantly distribute the T-shirts that are produced. By distribtuing the T-shirts we are enabling our company and our sponsor companies to gain recognition around the community as the T-shirts will act as "walking billboards" for all the companies.

In consideration to the Consumer Guarantees Act we have come to realise that seeing as our product is being given away for free we a technically not effected by this act. In the spirit of a positive company we have decided that althought by law we are not bound to this Consumer Guarantees Act we will still do everything within reason to ensure that our product is to the best of quality and also to ensure that our product is of a satisfactory standard.

Veran contributed the information in this blog.

Finances

2008-04-06T15:21:00.000-07:00

In order for our product to produced we will need a realistic finance plan to ensure that our product goes according to plan. In order for our product to be produced we will require sponsorship. We believe that if we manage to get 10 companies to sponsor us $1000 each we will be able to produce enough capital to cover prduction costs, advertising and marketing costs and also have surplus money left over to create a profit. We have come up with some estimate figures for the costs that our company will under-go in order to sucessfully produce our advertising T-shirt:

- We believe that in order for our T-shirts to be of a good quality they will cost around $40 each, we plan to produce 100 T-shirts so this will bring our total production cost to $4000.

- Internet advertising will be used as one of our main marketing means to ensure that our product is known and becomes sucessful. We believe that our website domain will cost us $600 over the course of the year and our Web hosting costs will be $120 bringing our total expenditure on website marketing to $720.

- Transport has been estimated to cost our business $500 as we will require petrol to drive around to screen printers to see if they are able to produce our product to a high standard. The transport cost also covers and shipping, postage and courier costs that our company may require during the course of our operation.

- Printing posters and other advertising materials will cost our company $200. This cost is essential for our buisness as it helps us ensure that people are aware of our product and that it is being recognised around the community.

- We believe that in order for people to wear our product we need to provide monthly spot prizes as an incentive for people to wear the T shirts. For this reason we have decided to put an estimate of $1000 to cover these costs.

Capital Requirements:

As we are seeking sponsorship we do not require to invest any money into our business at the start. Pretty smart ay :D

Johan contributed the information in this blog.

Potential Risks

2008-03-31T17:08:00.000-07:00

There are some potential risks that our business might have to face, some of these risks are:
- Some businesses might not like our idea
- Some people won't wear the T-shirt
- We might not get sufficient sponsorship to produce our product

In order to manage these potential risks we have thought of possible solutions to solve the problem:
- In the case that a business is not willing to give money for our product we will evaluate what we did wrong in our sales pitch and then we will go to another company and try again.
- We will do a monthly draw each month to ensure that the people who receive the T-shirts will wear them.
- In the instance that no companies are prepared to pay for sponsorship we will confront the companies again with a lower sponsorship proposal.

Wira contributed the information in this blog.

Young Entreprise Scheme

2008-03-30T15:48:00.000-07:00

Today we registered for the Young Entreprise Scheme.
We are planning to make a bank account as soon as we get the certificate.

Us 22862

2008-03-27T14:37:00.000-07:00

within our group we have finished our company plan.

Veran - Did the goals and job delegation pages.
Wira - Did the timeline and plan preparation pages.
Johan - Did the financing pages and potential risk and constraints pages.
John - Did the marketing and business task pages.

Group logo

2008-03-27T14:36:00.000-07:00

Today we have a final copy of our group logo.

US 22862 (Last)

2008-03-19T18:59:00.000-07:00

Today we are doing the final business plan for the Unit Standard 22862.

Us 22862 (continued)

2008-03-17T16:27:00.000-07:00

Today we have carried on with completing our Us 22862 draft. By tomorrow we will be ready to begin writing down our final buisness plan to be handed in on the 28th March. We are also trying toa meeting organised with a bank manager for ASB Bank which we will probably want to be our mentor.

us 22862

2008-03-13T14:01:00.001-07:00

Today we are working on Us 22862. We will also be looking into the production of our product and will try get and some information as to prices of our product. John has begun to make a group logo and is going well so far.

Progress Update

2008-03-11T18:12:00.000-07:00

At this time we would like to keep our product confidential, but it will make us rich.

We are currently working on U.S. 22862 - Create a Business Plan. We'll comment again when we have made further progress.

Have a nice day =)

Young enterprise scheme HERE WE COME@!!@@!@!@@!!

2008-03-11T18:04:00.000-07:00

Today we have decided that we are going to join the young enterprise scheme. Our roles for the company have been decided and this is what we are going to do:

Veran - Managing Director, Production Director.
- In order for Veran to competantly do his job as a Managing director and Production Manager he will need to have good communtiaction skills to be able to talk with team members and people who work in screen printing firms to ensure that everything goes according to plan.
- Veran also has the responsibility of ensuring that all the members in the company do their jobs and that the screen printing goes according to plan to ensure that the company can run smoothly and that the products are produced correctly.

Wira - Personnel Director, Assistant Finance Director, Assistant Marketing Director.
- In order for Wira to perform his duties as the Personnel Director he will need to be able to speak confidently to the other members in the group to ensure that everybody is happy in the group.
- Wira also has the responsibility of making sure that all members in our company are happy and there for it is his responsibility to ensure that he keeps track of how people feel towards others and to fix any disputes that arise within the group.

Johan - Communication Director, Finance Director, Web Master.
- In order for Johan to fullfill his Finance Director he will need to be able to work well with money and use his accounting skills in order to keep our company budgets and finances up to date.
- As Johan is the Finance Director it is his responsibility to advise our group if we are making or loosing money throughout our enterprise venture.

John - Marketing Director, Sales Director.
- In order for John to do his job as a Marketing Director he needs to be able to use his artisitic skills to the most of his capability in order to ensure that our product gets marketed well.
- It is John's responsibility to get our website well known as his artisitic skills will make or break our marketing scheme for our product.

If you want to contact us just make a comment with your email address in it.

Veran, Johan, John and Wira contributed the information on this blog

YAY!

2008-03-11T03:24:00.000-07:00

WOO! We finally got an awesome idea...We cant tell you what exactly it is though...but we can tell you that its something that could be big if it goes to the plan :D

Hello World

2008-03-02T16:17:00.000-08:00

We are Wiveroh Enterprise, a group of students who are going to compete in the New Zealand Young Enterprise scheme for 2008.