
Spreadsheet Project #3: A Business Spreadsheet
Objectives:
·
Students will
determine what type of business they would like to open.
·
The student will
create an introductory word processing document explaining the type of business
he/she will be using.
·
Students will
create a spreadsheet containing:
Products the business will be selling (3 minimum)
Wholesale price of each item (see definition)
Number of each item to be sold
Retail price of each item
(see definition)
Sale price of each item
(see definition)
Number of items sold at retail
Profit made on retail items
Number of items sold on sale
Profit made on sale items
·
Total profit made in business
NOTE:
All calculations MUST be created using spreadsheet formulas. All formulas begin
with an = sign and then use typical mathematical operations ( + - * / )
For
our purposes these definitions will be used:
Wholesale
Price: The cost to produce a product.
Retail
Price: The suggested price for the
product, designed to bring a reasonable profit.
Sale
Price: A reduced price designed to
maintain a profit but also sell more items.
Your final copy should
include:
·
An introduction to your company and
the products you hope to sell.
·
A spreadsheet showing all the information
listed on the previous page.
·
A description of the strength of
your sales and your business based on the data you create
·
EXTRA CREDIT OPTION: Create a chart
or charts showing the profits of your company. (HINT cut and paste the data you
wish to chart so it is located right next to each other on your spreadsheet for
easy charting)
SAMPLE SPREADSHEET:
Note: This sample
spreadsheet only shows one product that is being sold. Your project requires
three different products, each with a wholesale, retail, and sale price.