Food Production - Rexburg, Idaho, United States
We were a student-run business selling soup and bread bowls. We ideated business ideas, researched our target market, developed our business, pitched it, got it funded, launched it, ran it poorly, improved it, pivoted frequently, ran it better, analyzed sales data, optimized, and finally shut down. 9 Weeks of Operation Results:Revenue: $11,128Cost of Goods Sold: $4,622Gross Margin: $6,506Gross Margin: 58% Net Income: ($70)