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The purpose of “Tien Tang” is to make food which involves vegan ingredients like palm
sugar.
Values:
We value the environment and how important it is
Mission:
Our mission is to protect our planet by using sustainable resources which would increase the
life of the earth.
Vision:
Our vision is to use more reusable products to create a more eco-friendly environment for
the food industry.
Roles:
Marketing Manager:
Miracle, Angus
Operations manager:
Miracle and Jayla
Finance Manager:
Angus, Achille
Human Resources: Achille
Chief Executive Officer: Jayla
Skills for different jobs:
CEO: T he CEO has to be a good leader, supportive teammate, knows how to proofread, and
has Math skills
Operation: The operation manager has skills of being logical and planned, who can
construct diagrams and flowcharts, also knows how to make products and trains others for
production
Finance: The finance manager has to be logical and planned, good at mathematics, data
analysis by using excel H
uman resource: The human resource manager should Works well
with other people, have some mathematics, care about the wellbeing of staff and
environment
Marketing: T he marketing manager should be Creative, is good at drawing and design, can
construct questionnaires, knows how to Conduct research primary and secondary
Authority & Responsibility: (CEO)
The CEO is the manager of the company who gets to approve the final product before
releasing it in the market. The CEO also is in charge of calculating the monthly profit and
deciding the monthly salary. The CEO is in charge of proofreading the business plan,
writing the summary of the company’s performances and complete presentations. Due to the
fact that the CEO makes the final decision, he/she gets to do anything to the company. The
choice is in the CEO’s hand.
Authority & Responsibility:
(Finance)
The finance manager takes care of the financial statements where the finance manager has
to be good at math in order to calculate the cost of the business. The finance manager also
has to do the breakeven analysis and the cash flow forecast. The finance manager should
mostly use the app Excel to produce his/her work for the company.
Authority & Responsibility:
(Operation)
The Operation Manager is the person who decides how the logo of the company looks like
after being approved from the CEO. The operation manager also is in charge of the materials
being used for the products, the quality of it, the appearance of the products, production
planning, the cost of materials and trade others for production. The operation Manager is
fairly important because the final product comes from this department.
Authority and responsibility (Human resource)
The role of human resources is to plan the roles and responsibility of the company. This job
is also very important as the person who is in charge of this controls the salary and the wages
and he/she has to think about the wellbeing that is being produced. The human resource has
to be good at math and is good at communicating with the staff.
Authority and responsibility (Marketing)
The marketing manager is in charge of a variety of different things where he/she has to do
the survey to interview the customer's opinions. He/she also has to do the SWOT analysis,
marketing campaign, cost/benefits of the product, and design the logo along with the slogan.
Why are we suitable for this role?
Human resources:
“Achille will be the Human Resources manager as he is experienced in maths and has a good
understanding of wages and salary due to the fact that he often reads different articles
related to wages and salary of different jobs and roles. Therefore he has a good
understanding of wages and salary. He also plays different manager roles in football and
other businesses that he learned from his father and has a clear understanding of the
importance of the well-being of staff working for a company”
- Achille
Chief Executive Officer:
“The reason why I am suitable to become the group’s CEO is that I’ve always wanted to be a
leader in every area I deal with. I am also a person who is responsible who can support my
teammates throughout the whole process. I also have good organizational skills and I always
hand in my work on time which makes me perfect for this job in the group. I will be a great
leader for my team and lead them to become successful in the future.”
- Jayla
Operations manager:
“I am suitable for being an operating manager because I am logical and organised, and I am
able to construct diagrams, create products and train others for production”
- Miracle
“I am suitable for being an assistant to the Operations manager because I am good at
following instructions. Also, I’ve worked well with my partner before which lead to
successful results”
- Jayla
Finance manager:
“We will be fit for being Finance managers, as we’ve excel in mathematics. Additionally,
Angus provides logical reasoning to the team, which could keep us from irrational choices
that may ruin our reputation and business. Moving on, Achille is an avid electronic user and
he is familiar with all kinds of software programs, and he would certainly know how to use
apps such as Excel dexterously and analyse result findings. Also, for the past 3 years, we’ve
worked with each other on all sorts of projects, which could give us an upper edge for
finance, as we can cooperate really well.”
- Angus and Achille
Marketing manager:
“I am suitable for being the main marketing manager because I am able to sketch
professionally and design logos for our company ”
- Miracle
“I will be fit for being a marketing manager, as I’m very effective at conducting
questionnaires that are essential for improving the company. Additionally, I provide creative
ideas which could help in adding interest from the crowd.
- Angus
Why are we doing this?
The reason why we’re doing this is that we are all passionate for making foods and we want
to invest in it and create a better environment for the target users. As the earth has a limited
amount of resources and we’ve almost reached the limit to it, therefore, we would want to
make changes and help protect our planet earth before it’s natural reserves are expended.
We chose to do chocolate powder+milk tea+sugar soil because it is a unique idea where
people would consume. We are aiming to use it as our product to attract the target audience
to earn profits and to invest in our users.
Other than that, we would want to give the target audience a safe and delicious drink,
powder, and environmental sugar so that we could create a successful company. Also, we
have this opportunity in the Dragon’s Den to express our creativity in terms of thinking in
the uses of palm sugar, providing somewhat better and more Vegan/Eco-friendly alternatives
to products nowadays. Also, as it is currently a cold season, we would want to make more hot
drinks to fit the weather.
Previous ideas:
Cosmetics industry- Care Package
We thought of doing a soap with other cosmetics such as hand scrub, shampoo, etc. however
we found out that other groups are actually doing the same industry with similar ideas which
made ours very unoriginal if we chose to do this cosmetics industry. We were going to
package it nicely with different themes which are cosmic theme, tropical theme, and
masculine/feminine theme. The themes would attract different types of people. Research
shows that sugar actually helps in a different cosmetic product which would enhance it.
Outdoor utilities- Campfire Fuel
We thought of doing campfire fuel because due to the fact that when sugar is powdered to
fine dust, it is highly combustible. This could mean help in starting campfires. And since we
had a tropical theme centred in our company, we wanted to make this, but in the end we
didn’t, as it is too peculiar. Also, this would be too hard to make and it wouldn’t be possible
as we would need o do it outdoor where our school's auditorium is an indoor environment
which makes it impossible to do it.
Shopping industry- Biodegradable bag
We thought of doing a biodegradable bag, as plastic bags are often thrown away, making a
lot of non-degradable plastic waste that can harm the environment. So, we thought to make a
bag that could biodegrade after 1 use, but we decided to not do this, as we could not find a
way to make palm sugar into the properties we want for this product. Also, using palm sugar
to make bags might attract insects to come near the bag which is very disgusting and it
wouldn’t be the best way.
Power production- Energy conductive solution
We thought of doing a conductive solution that can help in conducting energy. But this is
way out of our scope, and also quite dangerous, as once the solution is exposed, it could very
likely electrocute others. This is likely impossible because we do not study in engineering
and know a lot about energy conductive. If we do anything wrong, we might injure ourselves
or even kill us which is extremely dangerous. Therefore, we think this solution is not the best
idea in our own reach.
Business model:
Who are the customers and where can they be reached?
The customers of our products are for both genders because they could choose what to drink
and we want to create a genderless product to show no stereotype are shown in our company.
Our themes are based on different festivals and trendy themes people and our customers
would like. As the drinks are for everyone, we could promote our products anywhere.
However, we do not recommend people who have high blood sugar level or people who are
allergic to dairy products to eat and drink this. Yet, we need to attract the customers into
liking our product and consume/buy it in order to reach them and get feedback from them.
What do they need and what values can the company create in meeting the need?
The customer needs high-quality products which could help their daily lives. They’re in the
food industry which means we have to be extremely careful of the product testing and
whether or not the drinks are safe for people to consume. To test that, we must create
different prototypes for our target audience to consume it in order to find out their opinions
and whether it’s safe or not. In making the food, we can create a value that we have to help
the environment and make it into a better place. This is because the environment is
currently in danger and we need to help and protect it.
Why do they need it and why should the company be the one to satisfy the need?
A lot of people care for their appearance and the way they look is very important. Therefore,
we decided to interpret the outlook into different themes. They’re a festive theme which is
Christmas in this case, cosmic themes as people like how the galaxy looks, and tropical
themes for summer time. The reason why our customers need this is that these drinks are
very common and we want to create something unique out of them and therefore we
proposed the sugar soil replacing the sugar packages as it is not environmentally friendly
into the drinks we’re making which is milk tea.
how to produce the product or service or both to meet the need?
We could produce the product with palm sugar for the sugar soil as we are using the way we
did with chocolate soil to make sugar soil. This helps the environment in both ways because
firstly, we’re using palm sugar and secondly, we aren’t using any paper packagings which are
wasteful, but instead, we’re using reusable packagings to help the environment.
How much will it cost to produce and how much return benefits can be received in
producing it?
It will cost a minimum of 15 dollars for the milk tea, 10 dollars for the sugar soil per pack
and 10 dollars for the chocolate powder per pack and for receiving it, we would sell a
minimum of 25 dollars for milk tea, 20 dollars for the sugar soil and 20 dollars for the
chocolate soil. This is because we need to earn profits in order to make the company work
properly, by using amount above, we would get at least 10 dollars profit out of each pack and
drink.
Market Main How could you compete
and Competitors Unique Selling Points against this product?
Product
Clothing Off-White - Its products are quite blank, - Create a cheaper alternative
Industry only often having the brand’s that is scarce.
logo or the simple labelling of - Create an expensive
what the product is. And often alternative with more diversity
sticks to the colour theme of in colours.
black white and sometimes - Create an alternative that is
green. widely available.
- Clothing made with - Create products with logos
high-quality materials that the public would know
- Aimed at rich teenagers and more about and would be
young adults. Due to its high more interested in
price, it’s also a way to show
wealth
Starbucks - They often write the names - Our group can do something
Coffee/dri of customers incorrectly on the attractive in a bizarre way
nks drinks so that they can gain such as including different
industry more attraction by having notes in our products in order
customers tell other people to create attraction in getting
about this. different versions etc.
- Different drinks at different - Create different products
times of the year depending using sugar that can have
on the season. Usually, in benefits to climate changes
winter they have promoted hot that are short term or long
drinks but in the summer they term seasonal changes
have more cold drinks. - We put more effort and use
- They have good quality more expensive ingredients to
ingredients and products, make our products to earn a
pushing the average price of a higher profit than having low
Starbucks drink to around 4.5 priced cheap products being
euros sold.
- The drinks are not only - Alternate uses and different
coffee, with different types of creations using sugar will help
drinks such as smoothies and us sell our products to anyone
juices with unique recipes possible and not limit to only
such as the salted caramel one particular customer group.
frappuccino.
Slogan choices:
“Taste of heavenly paradise”
“Sweet!”
“Heaven in a drink”
“Palm tree paradise” (As palm trees are how palm sugar is created, and also )
“Heaven in a drink” was chosen, as it represented what our company stands for, and also
what the company makes. The word “drink” gives in more detail into what our company
does. If our slogan was “sweet!”, the customer would only know that we sell sweet products
and wouldn’t know what we sell in details. The other slogans were suitable, however, we
believe that “Heaven in a drink” specifies our vision of our company. Also, our company’s
name is called “Tien Tang”. The word “Tien Tang” is how heaven sounds like in Chinese.
Therefore, we interpret the usage of our company’s name into our slogan.
Recipes for the Chocolate powder:
Ingredients:
- Water 10ml
- Palm sugar 60ml
- Chocolate 100ml
Equipment:
- Saucepan
- Whisk
- Blender
- Empty paper packet
Process:
- Put the palm sugar and water into the saucepan and wait for it to melt
- Before it starts to turn into caramel, put chocolate into the saucepan.
- Whisk the chocolate and sugar together rapidly until they form into small balls
- Wait for the chocolate to dry
- Put the chocolate solid into a blender
- Blend until fine as powder
- Put inside the paper packet
1)Measure out 100g of sugar with 10 ml of water, then pour it into the bowl altogether.
2)Heat up the bowl and wait for the solution to go transparent with bubbles
3)After seeing bubbles, use a whisk and then whisk the solution quickly and it should
become sugar soil.
4)The sugar soil then is used to put into the solutions to replace the sugar packages
Production process:
This is the palm sugar we used to make both the chocolate powder
which is our paradise powder and our sugar soil.
The pictures above show the process of manufacturing one of our products which is called
“sugar soil”. We firstly have to measure 50 grams of caster sugar and 50 grams of palm sugar,
along with 6 ml of water, the pour them all together into a pot with the gas being turned on.
Then, we will need to wait for the solution to turn translucent, when it’s translucent, stir it
with a whisker rapidly and it would turn into sugar soil. However, we would still need to sift
the mixture so that the sugar soil would come out instead of the sugar. When the sugar are
being sifted pout, redo the whole process again. “I reused the sugar for four times in total”.
Says Jayla.
share:
This is the configuration of the company’s shares.
CEO- 20%
The CEO takes 20% of the share, as the CEO is one of the most important roles in the
company. The CEO is in charge of maintaining the company structure and providing
leadership to the other managers.
Operations Manager- 16%
Marketing Manager- 16%
This is the configuration of the company’s shares.
Finance Manager- 16%
Human Resource Manager- 16%
Managers of the branches and investors will get a share of 16%, as both are an important
component to how the company works.
Investor (s)- 16%
In order to make good deals with the investors, we must ensure that the investors have .
Though it may seem substantial, it is only considered as the total sum of the shares among
investors.
Unique selling point:
The product is much more environmentally friendly compared to other products in the
market, as it does not use palm oil as one of its ingredients, adding on, it uses paper
packaging, creating a more biodegradable alternative, compared to packets that use metal
foils with paper.
Aims for Human Resources:
In our company, we aim to give workers a comfortable environment to work in and make
sure that they enjoy the role that they have in our company. We aim to provide motivation in
our workers, extrinsic and intrinsic. In our working areas, we will make sure that they get
the training they are needed to fulfill the needed requirements in different roles in our
company such as sellers, farming, product making etc. Our special thing in the company is
that we would give numerous opportunities for our workers to prove that they are worthy of
a bigger role in our company, we promise that me, the head of department and future
co-heads of this very department will make sure we will have someone in the different
working areas everyday so we can see what our employees are doing. This company will
achieve this by having motivation in have more socializing in the employees in order to get
people comfortable in where they are working, as well as maintaining a clean and cozy
environment that employees can enjoy working in with air-con and more private room.