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JUNIOR MINI COMPANIES



























                                                                                          In September 2014 our
           OAKEY DOKEY                                                                    Business Studies teacher,

                                                                                          Mr. Robertson spoke to the

         Oakey Dokey is a first year Mini Company that sells custom                       first years about setting up
         made wooden plaques for our customers. The people that                           a Mini Company. So that’s
           Oakey Dokey is a first year Mini Company that sells custom made wooden plaques
           for our customers. The people that run the company are Alan Speares (Managing
         run the company are Alan Speares (Managing Director &                            when I started looking
           Director & Production), Thomas Smith (Sales), Tobi Sonaike (Finance) and Stuart
           Elliott (Production).
         Production), Thomas Smith (Sales), Tobi Sonaike (Finance)                        for inspiration for a Mini
           We work as a team to achieve as many sales and as big a profit as possible. Our
           plaques are made from medium-density fibreboard or MDF. Customers can choose
         and Stuart Elliott (Production).                       Company. As I love to bake  and I’m very good at it I
           from either having hand-routed products or micro-routed plaques with whatever they
           want on them. There are a variety of shapes for plaques to choose from including   decided to have a Mini Company that sells bars of fudge
           ovals, hexagons etc.
         We work as a team to achieve as many sales and as big a   to the target market.
           I (Stuart Elliott) produce hand-routed products at home using a hand-router.
         profit as possible. Our plaques are made from medium-
           Mr.Foudy helps us to produce micro-routed products in the tech room at school. Alan
           also paints, sands and varnishes products if the customers want it. The standard   Once I had my idea I got cracking to make an example to
         density fibreboard or MDF. Customers can choose from
           price for our products is  €5. To get the orders from our customers we use order
           forms which give us an idea of exactly what they want on their plaque. Our net profit   show to Mr. Robertson. He approved of the Mini Company
         either having hand-routed products or micro-routed
           so far is €37.
           We have learned a lot of things from creating this mini company and hope that we
         plaques with whatever they want on them. There are a   idea, so once I had his approval I could begin selling in
           will continue the company in the future. We have recently been thinking about other
           ideas for the company and hope to make some of these products in the future.
         variety of shapes for plaques to choose from including   school and going to craft fairs.
           By Stuart Elliott
         ovals, hexagons etc.                                   I started to sell my products in October in school. A lot

         I (Stuart Elliott) produce hand-routed products at home   of the students thought that it was presented lovely and
         using a hand-router. Mr.Foudy helps us to produce micro-  tasted divine and some of the staff bought some as well. I
         routed products in the tech room at school. Alan also   went to the Christmas craft fair in Moyne hall in Co. Cavan
         paints,  sands  and  varnishes  products  if  the  customers   in the Backyard. The public seemed to like the bars of
         want it. The standard price for our products is €5. To get   fudge as I sold a lot of produce here. We also had a craft
         the orders from our customers we use order forms which   fair in my school so I was busy, busy, busy!
         give us an idea of exactly what they want on their plaque.   As January slipped by Mr. Robertson told me that I would
         Our net profit so far is €37.                          be attending a Mini Company competition in the Slieve
         We have learned a lot of things from creating this mini   Russell Hotel, and that I would be entered into Junior
         company and hope that we will continue the company in   Category of the competition. I had to prepare a business
         the future. We have recently been thinking about other   report and also had to prepare so products to show off
         ideas for the company and hope to make some of these   to the judges. When I had arrived at the Slieve Russell
         products in the future.                                Hotel I had to set up my stall with the help of my mammy
                                                                (Gillian). After a while the judges started to come around
                                 By Stuart Elliott              to interview me and I had to tell them all about my Mini
                                                                Company and my products.
                                                                I enjoyed  the day but  most importantly I came  home
                                                                with a prize of €350 as I came in 2nd place in all of County
                                                                Cavan, I also won a trophy.
                                                                I really enjoyed this Mini Company experience and I have
                                                                learned a lot about running a business.
                                                                                     By Cassie O’Connor





      18                                                                              The Royal Times 2014-2015
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