Blista Hand Sanitiser Business Case
Blista Hand Sanitiser Business Case
I) Venture Proposal
1. Company overview - Mission and Vision
The company is a partnership run by Cassandra Taylor, Alan Ginting, and Joanna Cheng. It
offers management and advertising services for free and ticketed events catered to ANU
students. The business’ mission is to provide entertainment affordable for all students and open
for all performers, in order to share the founders’ passion for music and benefit the local
community. Its vision is to become the most sought-after management and advertising company
for top ticketed events attracting the ANU’s student body and Canberra community. The business
estimates to reach 150-225 participants/event, depending on the venue’s carrying capacity limit.
2. Measure of success
Firstly, by measuring customer satisfaction. The business should create surveys for ticketed and
free-entry customers separately. Because ticketed customers may not feel the same way as free
customers, as ticketed customers expect better value for their payment. Another method is to
notice customers' reactions throughout the event or to interview customers. Nevertheless, using
surveys through QR is the best choice, it is the fastest and most effective since everyone is
using smartphones nowadays. It will give the most answers in the shortest duration. In the
long-term, they should assess satisfaction through social media’s feedback from Facebook, and
Instagram, as they are proficient in it. Secondly, they could think about the efficiency of the
business and events by looking at revenues and expenditures of events to identify any inefficient
spending or replace events that do not receive large revenue with others, consider quality of flyer
designs and social media posts, the productivity of partners and workers.
3. Schedule of planned events [1]
FEB
Valentine's Music Event (Music
Event concert - Paid) Speed Friending - Free Movies night - Free
Venue Drama Centre Drama Centre Drama Centre
Date Feb 14th 2023 Feb 18th 2023 Feb 25th 2023
MAR EXAM SEASON (27th-31st)
Event Early 2000s - Guest Band: Guest band: Renae Stone
WinningCombo (Themed music Music (Music concert -
night gala - Paid) Paid)
Venue Amphitheature Drama Center
Date March 3rd 2023 March 11th 2023
APR EASTER BREAK 4th - 11th EXAM (17th-21st)
Music Night Gala: ANU Students Magic show of Benny
Event Artists (Paid) Orson (Free) April Dance party (Paid)
Venue Amphitheatre Amphitheatre Drama Theatre
Date April 2nd 2023 April 7th 2023 April 22nd 2023
MAY
Jazz Night Guest Artist: ANU Random Play Dance
Event Open mic: Comedy (Free) Matt Dennett (Paid) Event (Free)
Venue May 5th 2023 May 13th 2023 May 20th 2023
Date Amphitheatre Amphitheatre Drama Theatre
JUN
Musician's Talk Show (Guest: Agung Guest band: Agung Mango Dance party
Event Mango) (Paid) Movies night (Free) 'Man On The Go' (Paid) (Paid)
Venue Amphitheatre Drama Theatre Drama Theatre Drama Theatre
Date June 2nd 2023 June 10th 2023 June 17th 2023 June 30th 2023
II) Itemized Predicted Revenues and Expenditures Schedule
ITEMS FEBRUARY MARCH APRIL MAY JUNE
REVENUES
Ticket sales 3375.00 6750.00 9375.00 6375.00 8625.00
Dorito Sales Revenue 400.00 0 300.00 240.00 200.00
Coca Cola Sales Revenue 420.00 225.00 360.00 270.00 210.00
Bundy Ginger Beer Sales Revenue 600.00 600.00 2400.00 1800.00 600.00
SV Still Water Sales Revenue 160.00 72.00 288.00 288.00 72.00
Milky Way Chocolate Bar 400.00 0 0.00 150.00 50.00
TOTAL REVENUE 5355.00 7647.00 12723.00 9123.00 9727.00
EXPENDITURES
Amphitheatre rent 600.00 600.00 600.00 600.00 300.00
Drama Theatre rent 600.00 300.00 300.00 300.00 900.00
Guest artist 0.00 1335.00 647.50 500.00 650.00
Flyers printing cost 111.00 0.00 111.00 111.00 148.00
Doritos (45 G) 260.00 0.00 195.00 156.00 130.00
Coca Cola (375 ML) 138.60 74.2 118.80 89.10 69.30
Bundy Ginger Beer (375 ML) 235.50 588.75 942.00 706.50 471.00
SV Still Water (1.5 L) 190.08 63.36 253.44 253.44 63.36
Milky Way Chocolate Bar (22 G) 0.00 0.00 0.00 78.00 0.00
Plastic Cups (80 Cups per Pack) 41.88 34.90 55.84 55.84 62.82
Masks 39.95 39.95 39.95 39.95 39.95
Hand Sanitizer 12.98 25.96 25.96 25.96 12.98
Covid Safety Official Pay 69.00 69.00 69.00 69.00 92.00
Cleaning Services Payment 64.00 64.00 64.00 64.00 192.00
Light up letters 45.00 0.00 0.00 135.00 45.00
A0 Poster 113.30 0.00 0.00 169.95 113.30
Delivery cost 38.00 38.8 29.10 58.20 77.60
Emergency Fund 900.00 900.00 900.00 900.00 900.00
Security 325.32 216.88 433.76 433.76 216.88
Insurance 64.75 64.75 64.75 64.75 64.75
TOTAL EXPENDITURE
Ticket Sales Revenue FEBRUARY MARCH APRIL MAY JUNE
$15 x 225 students 3375.00
$20 x 225 tickets + $15 x 150 tickets 6750.00
$20 x 225 tickets + $20 x 150 tickets 9375.00
$25 x 225 tickets 6375.00
$25 x 225 tickets + $20 x 150 tickets 8625
$2.00 x 60 packs x 2
240.00
$2.00 x 60 + $2.00 x 40 packs 200
*Quantities
Coca Cola Sales Revenue FEBRUARY MARCH APRIL MAY JUNE
$3.00 x 70 drinks x 2 times 420.00
$3.00 x 45 drinks + $3.00 x 30 drinks 225.00
$1 x 150 guests
138.60
$0.99 x 45 drinks x 1 time + $0.99 x 30 drinks x 1
time. 74.20
$0.99 x 45 drinks x 2 times + $0.99 x 30 drinks x 1
time 118.80
$0.99 x 45 drinks x 2 times
$0 0.00
$0 0.00
$0 0.00
$0.52 x 150 guests x 1 time
$0 0.00
*Based on prices of an American insurance company, listing $42/month as median price (64.57 Australian dollars)
1 College includes huge workloads and the partners often Create work spreadsheet and distribute tasks evenly,
spend time on music events. Therefore, they may be too include due dates, person responsible and methods of
busy to organize a business. Furthermore, Joanna is very monitoring, set reminders using shared digital
excited and has more experience in enterprising. calendars
This ensures equal distribution of work. It also
With the combination of busy schedules and one increases the likelihood that teammates will finish
member having more experience/enthusiasm, partners tasks on time so no person has to make up for missing
may rely too heavily on Joanna. work of others.
2 Many students concentrate on studying and don’t have Increase marketing, especially towards students
time for full-time jobs, leading to limited disposable through social media, word-of-mouth for upcoming
spending [2]. Thus, students may not feel willing to pay ticketed events.
for ticketed events.
Improve the quality of free events so students can
have a “trial” and begin to trust the quality of the
company. Then, they will feel more willing to join
other events, including ticketed ones.
3 They may lack the necessary savings to start the Lower expenditures: borrow tables and chairs from
business, due to spending on joining music events and ANU (avoid renting furniture costs); buy products in
lacking sources of income. bulk to get better deals from suppliers.
4 If ANU does not permit alcohol selling, the business Offer alternative food products/drinks, don’t allow
loses that huge profit source. outside food in the venue. This ensures students will
spend on food/drinks at the event.
5 Wages of staff may increase costs. Avoid scheduling free events featuring established
Events with no ticket revenue may cause negative artists. Sell food, drinks to increase revenue,
cash-flow if artists hired charge high rates [4]. especially during free-entry events.
6 Damage to properties could lead to incurred costs Avoid using fragile decorations and charge students
who have caused huge damages.
7 People may not be interested in open-mics because Provide incentives (free snacks/discounts) for
usually few popular artists sign up. Those who sign up students who have certain levels of skills to perform
are amateur performers, often having fewer skills. at events (students in ANU School of Music, students
who started playing music in Fenner Hall).
Therefore, customers won’t believe anyone brilliant
would show up and won’t consider participating.
8 Noise and disturbance complaints The events should be between 7-9PM to avoid
disturbing people during resting, or work/school
hours.
2 Security risks: Overexcitement in crowds, leading to Hire security guards with experience who must look
trampling/physical disputes, customers entering out for signs of drug activities, fights, or people in
restricted areas. Crimes: theft, sneaking in prohibited danger.
stimulants.
Prohibit drug activities and make sure participants are
aware before the event, through
announcements/flyers.
FEBRUARY
Event Valentine's Music Event Speed Friending Movies night
Type Music concert Social - ANU's Students only Cinema
Student: 15$
Staff/School Affiliates: 25$ FREE FOR ANU's
Price per ticket General Admission: 25$ FREE - ANU's students only Students only
MARCH EXAM SEASON (27th-31st)
Early 2000s - Guest Band:
WinningCombo (2000s Themed Guest band: Renae Stone Music
Event music night gala) (400$-1000$) (From $400 to $2,000)
Type Music concert Music concert