Busi­ness ideas go to mar­ket

Matamata Chronicle - - Your Paper, Your Place - REX­INE HAWES

Mata­mata Col­lege has en­trepreneurs in the mak­ing.

The year 10 busi­ness stud­ies stu­dents have spent 10 weeks cre­at­ing a small busi­ness, with prod­ucts to take to the mar­ket.

Flicker has cre­ated soy wax can­dles with french pear, vanilla, frangi­pani and mango and pa­paya scents.

Saas In­te­ri­ors make horse shoe coat and boot racks, float­ing shelves and mag­net pic­ture hang­ers and Chalk and Cheese has de­signed and made cheese boards with a chalk board sur­face and coast­ers.

They, along with 22 other small busi­nesses will show­case and sell their prod­ucts at the Mata­mata Col­lege busi­ness evening and mar­ket at the col­lege hall on Septem­ber 14 from 7pm-9pm. The event is open to the pub­lic.

Year 10 busi­ness stud­ies teacher Estelle Claassen says each group was en­cour­aged to cre­ate their prod­ucts from re­cy­cled goods.

‘‘There are so many things out there and peo­ple just throw it away so we wanted to take some­thing that’s al­ready there and make some­thing out of that. We want to en­cour­age them to look af­ter the en­vi­ron­ment.

‘‘I’m very proud of my groups, I think they have done well. I like the fact they have new ideas.

‘‘I want them to ap­pre­ci­ate how much work goes into busi­ness, how much peo­ple put into this.’’

She says the top five groups from the busi­ness evening will be in­vited to sell their prod­uct at the Christ­mas Mata­mata Mar­ket and Craft Fair.

Each busi­ness had to con­duct mar­ket re­search, make the prod­uct, cre­ate a break even anal­y­sis to de­ter­mine cost­ings and how many prod­ucts they would need to sell to make a profit, an de­sign graph­ics to cre­ate their ‘shop’.

Sarah McDon­nell, one of the stu­dents from Saas In­te­ri­ors, says the project has given a good in­sight into how to op­er­ate a small busi­ness and has also given the group an ap­pre­ci­a­tion for how much work is in­volved.

‘‘We un­der­es­ti­mated it. Once we started do­ing the work, it was def­i­nitely harder than we thought.

‘‘We are re­ally ex­cited to go to mar­ket, see how all the work sells and show all our ef­fort.’’

REX­INE HAWES

Mata­mata Col­lege Year 10 busi­ness stu­dents Annabel Jar­ratt, Sarah McDon­nell and Aymee Raupi.

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