This week Anne Rosolin, the creator of Great Ocean Road Paddock 2 Plate Farm Tours (GORP2PFT), spoke to our VCE Business Management class about how to execute a business plan for a new business. After describing her own career path Anne spoke about defining the format of your business, the who, what, how, when, why, the time line, details, the good, bad and ugly and to talk to people you trust. She recommended doing extensive research, creating a contact list, seeking advice from a solicitor and accountant and finding a mentor. It was important to update your computer skills, and investigate local laws to obtain the correct permits, to work within regulations, establish who your potential competitors and or business partners are, to investigate advertising and project your running costs. After asking students to complete a SWOT of GORP2PFT the students enjoyed Anne’s buttered scones. Our VCE class then described their business ideas to Anne which included a food van for events, music festival at Glenample, a nightclub, tattooing, a travelling LGBTQIA mental health service, kids clothing, paddle boarding, mini golf, farm tours, Chinese restaurant, cabin retreat, prestige restaurant and a garden party venue. What a creative, entrepreneurial group of students, definitely watch this space! Comments are closed.
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March 2024
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