19 Oct - Business Plan PResentation

Business Presentation

Staying up all night to get the project done, we decided to put our best foot forward by putting together clear and concise infographics to present our business plan.

This session helped us clear up our thoughts regarding how we plan to move forward with the project and gather feedback from our peers in the business.

One of the key feedback we got from this session was the high entry price of our product at $15, which while affordable for the individual customer would deter students with a smaller budget to make their first purchase with us.

We felt this feedback was valuable towards our business decisions and decided to reduce our MVP to a 500ml bottle of cold brew concentrate at a friendlier price of $8.

On the basis of sourcing for a brewing location, we have contacted various school authorities such us SAO and NTUitive to look for potential collaborations to get a proper brewing location.

At the moment we have received multiple rejections due to the lack of the proper person in charge and them requesting for a certified chef/multiple licenses/unsure of licensing and lack of a proper location available for students.

We will continue contacting the school and other student entrepreneurs to ask if they have gone through a similar experience that we can learn from or seek cooperation to produce our coffee.