Minutes from Meeting 15/09/10

(Scroll to bottom for Action Points)

Absence Rate
The following people were absent without notice from the weekly Young Enterprise meeting: Olivia, Abi, Alex and Megan. Remember, absence must be notified in advance.

Forrester High Feedback
Olivia, Hannah, Greta and Vikram had participated in a Young Enterprise workshop. We reported the events of the workshop, which consisted of working with members of other Young Enterprise teams to brainstorm ideas for raising company funds, areas of company expenditure etc. Not an overly useful experience however.

Leavers' Tea Towels
Details of costs and companies offering the service was not finalised. However, we discussed the filling-out process, and tried to figure out how best to conduct this since specific pens are needed . We also need to decide on when exactly to conduct the process, but really it should probably be early to avoid the Leavers' Hoodies overshadowing the tea towels. On top of this, the actual design of the tea towel was another issue. One suggestion was that we place an "ESM Leaver's 2011" logo in the centre of each side of the tea towel, and have the students' photos surrounding this.

Cake and Candy
A cake and candy sale should be conducted at MES ASAP. Undecided whether to run one at break, lunchtime or both. Due to the immense popularity of cake and candy sales, a variety of items could be offered- i.e. Muffins (from Costco?), Cakes, Brownies etc.

Hockey Matches
Another possible selling venue. Possible products include: coffee(?), flags and other MES memorabillia.

S1 Disco
Facepainting would work well at the disco if the popular S1s participated. However, it only really appeals to the girls, so fake tattoos were suggested as an alternative for the guys.

Switch Thrift
List of schools that Clan House supply was obtained, including about 10 private schools and a whopping total of over 100 state schools. However, one foreseeable problem of the Switch Thrift was that peak-time for uniform sales is in June-August, and which lies outside of the time we have to sell for Young Enterprise. So we concluded that the profits from the scheme would be lower-than-expected, but hopefully the preparation put into the scheme would earn us credit. We are also weighing up the benefits/disadvantages of the two main ways we could run Switch Thrift- do we purchase/ask for donations of clothes and sell them on; or do we create a service where people sell the clothes to each other, where we act as middle men?

*ACTION POINTS*
Task description; Deadline; Main team members assigned

- Write an agenda for tomorrow's meeting with the Business Advisor; Thursday 16th September (due for tomorrow); Olivia

- Get exact dates for main school events such as parents' evenings; ASAP; anyone

- Sort out market research questionaires; Wednesday 22nd September (next week's meeting); Megan

- Draw up list of pros and cons for each system of running Switch Thrift (middle-man or buyer+seller?); Thursday 16th September (tomorrow); Vikram

- Obtain exact details for cost of making the tea towels and companies that offer these; Wednesday 22nd September (next week's meeting); Olivia