Team 2 Kiosco Orito Business PowerPoint.pptx

KIOSCO ORITO
Oakland University &
University of South Florida
May 2015
KIOSCO ORITO (MAY 2015)
NAME
Linelia Bacorizo
AGE
37
PROFESSION
Business woman
STATUS
union
NUMBER OF CHILDREN
3
BUSINESS
Kiosco Orito
NUMBER OF EMPLOYEES
4 (additional employee-her brother is a
driver)
BUSINESS OVERVIEW
Kiosco Orito is a kiosk that offers a variety of groceries such as refrigerated chicken, snacks, and soda. The
kiosk was located in a convenient location, right next to the Pan-American Highway and community school.
Based on her previous business profile, the business is making about $150 sales everyday. However, there are
no records to support these numbers. Lenelia has been using a disorganized bookkeeping and inventory
system. Lenelia is also talking about expanding her business and creating a bakery. The color of the kiosk’s
title is also fading and hidden. As a result, our group proposed 4 solutions to improve and expand her
business.
KIOSCO ORITO (MAY 2015)
BUSINESS: [ABC]
FACTOR 1
FACTOR 2
Great location, by the
She has a good grasp of
side of the highway and concepts and is able to
connected to her home. think into the future of her
business.
STRENGHTS
FACTOR 3
Items in inventory are in
demand, there is a high
inventory turnover.
Hence, she does not
waste inventory or
supplies.
FACTOR 4
Diversification of riskshe is opening up a
bakery, owns a kiosk,
and wants to provide a
delivery service.
KIOSCO ORITO (MAY 2015)
FACTOR 1
Building is unkempt, it
seems this has been a
problem for an extended
period of time. We have
advised her to take
action in the
appearance of the kiosk
CHALLENGES
in the near future.
FACTOR 2
FACTOR 3
FACTOR 4
She has not been keeping
track of her inventory in an
organized manner. Her
bookkeeping is not done on
a regular basis. These are
issues due to the time
commitment
-Scheduling conflicts
between employees of
kiosk. No set hours or
schedule is not displayed.
. Her paper statements
do not support the
$150/day. She needs
proper documentation.
KIOSCO ORITO (MAY 2015)
Day 3 – [Date]
-  Describe meeting
-  What did you and the
business owner(s) do?
-  How did the business
owner(s) react?
-  What questions did the
business owner(s) have?
-  What specific requests
did the business
owner(s) have?
-  What recommendations
did you provide?
-  What are some next
steps?
-  etc.
•  Introduced ourselves
•  Gathered information
about her business
•  Confirmed data from
prior brigades
•  review accounting
records
•  Check profit margins on
individual projects
•  Review techniques for
formulating income
statement.
Day 4 – [Date]
•  Taught her the basics of
the income statement
•  Advertising advice
•  Invoice organizational
techniques
Advice
about expanding
• 
into other businesses.
•  Taught her how to
organize invoices and
receipts.
•  Inquire about projected
income for potential
bakery
•  Teach her how to
calculate profit margin
and individual unit costs.
Day 5 - [Date]
•  Reviewed income
statement, how to
calculate projected
income for potential
bakery.
Taught
her how to
• 
calculate cost per unit,
fixed expenses.
•  Maintain records of
inventory
•  Keep records of income
statement on a regular
basis.
KIOSCO ORITO (MAY 2015)
SOLUTION 1
How to create income
statement to
understand profit
margins and per unit
breakdowns.
PROPOSED
SOLUTIONS
SOLUTION 2
How to create projections
for new expansions and
ideas
SOLUTION 3
Building needs
improvement and
renovation. Ideas for
advertising (sign)
SOLUTION 4
Inventory and
accounting record
keeping.
KIOSCO ORITO (MAY 2015)
FURTHER DETAILS & OBSERVATIONS
Scheduling for kiosk is not accurate. She has taken out a large loan-$800, this amount is more than she
needed. $600 is unused at the moment, she is paying interest for this amount. Only $200 was used for
inventory. The unused money has been sitting for 2 months, collecting interest, as of 5/7/15
INFORMATION GATHERED AFTER INITIAL QUESTIONS
She wants to grow avocados. However, she did not mention her plan of action for growing avocados for her
business.
KIOSCO ORITO (MAY 2015)
NEXT STEPS
IMMEDIATE CHANGES
SHORT TERM
CHANGES (WITHIN 3
MONTHS)
MEDIUM – LONGER
TERM CHANGES (+3
MONTHS)
More timely updates for inventory accounting statements
•  Scheduling for employees should be more organized and up-to-date..
•  Loan needs to be paid back as soon as possible.
•  Practice use of income statement on a regular basis (calculating profit
margin, operating expenses, etc)
•  Exterior should be renovated
•  She needs to create an income statement for her bakery and compare to the
projections.
•  Consider a sign on the side of the road to attract customers off highway.
•  Type Here
• 
• 
• 
• 
Implement delivery service of baked goods.
Hire personnel for bakery
Look into possibility of opening a second kiosk within the village area.
Cement floor in the new business.
KIOSCO ORITO (MAY 2015)
BEST PRACTICES FOR DELIVERING WORKSHOPS
-Use her own numbers, so examples apply to her business
ADVICE FOR FUTURE BRIGADES
Give lots of examples
Ask if she asks questions-she may not ask on her own or speak up if she has doubts
Check in on status of bakery business and loan
Emphasize building improvements
KIOSCO ORITO (MAY 2015)
CONTACT DETAILS
BUSINESS OWNER(S)
Name: Lenelia Bacorizo
COORDINATOR
Name: Patricia Morales
TRANSLATOR(S)
[UNIVERSITY]
BUSINESS BRIGADE
Name: Daniel Alas
Name:
Name:
Phone
Email:
Names of all students: Deeptha Sadasivan, Sharon Myladoor, Travis Ray, Wuyang Ma,
Musaab Muhammad