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Showing posts from January, 2020

M11: Coronavirus Discussion

Good morning   ABC , We will be meeting at 6:30 PM tonight in Sam Phil room 102. We will debrief the   hot chocolate sale   and go over margins etc. After, we can move into a discussion about the coronavirus . While a global issue, it has become relevant to PA in many ways. Furthermore, WSJ reported yesterday morning that the   Dow dropped 400 points   with the pervasion of coronavirus outside of China. We can have a general discussion about the disease itself or we can transition into a discussion about the effects of events in the medical field on the economy, in particular, stock performance. Come with ideas! See you tonight, The Board

Hot Chocolate Sale Recap

Good evening   ABC , Awesome job to everyone who helped out with the   Hot Chocolate Sale   this evening! Here are the numbers. Financials : COGS = $145 Revenue = $226.50 Gross profit margin   = (226.50-145)/226.50 =   36.0% GPM didn’t quite meet our expectations so we’ll debrief during our next meeting on Tuesday. Most importantly… I hope we have all learned the power of   team work   and   communication through this venture. Some special shout outs to these wonderful members for prompting the success of tonight: Sabby   Luc Melissa Venkat Reese Richard Alex This sale couldn’t have happened without all your help! Regards, Ava

M10: Logistics and sign up for Hot Chocolate Sale

Hello ABC, Tomorrow,   we will not be having a meeting.   Instead, we will be running our   HOT CHOCOLATE SALE   during dinner on WEDNESDAY ! Shout out to Nick for getting the milk and toppings yesterday. We will be making the hot chocolate in   Bancroft   Wednesday afternoon and selling it during WEDNESDAY   dinner   once we finish making it. There are several phases before we get to the selling point. Please take a look at the linked doc and sign up to help out! https://docs.google.com/spreadsheets/d/1gj68fSuou9nafSV06YMwhFMxiJE2saWH4vMsd587vYI/edit?usp=sharing If you have questions, please reach out to a board member. Best, The Board

M09 Recap: Board Turnovers

Introducing the 2020-2021 ABC Board. Remember that these positions are fluid based on your attendance and participation in club ventures. There is a place for everyone in this club! 2020-2021 ANDOVER BUSINESS CLUB _____________________________________________ Senior Board Ava Long Nicholas Buehler Co-President Co-President Alex Oder Edward Rogers Vice President Treasurer Luc Boesch-Powers Communications Director   Associates Sam Capobianco Delfy Balderrama Melissa Damasceno Kenichi Fujiwara Sabby Clemmons ----------------------- Upcoming, we will be running a Hot Chocolate Sale!! Stay warm until then :)

M09

Good morning   ABC , We be meeting today at   6:30 PM in SamPhil room 102   to kick off the first meeting of the decade! As much anticipated, we will be releasing the   2020-2021 Board   at the meeting. Afterwards, we can discuss the plan for this club moving forward, including ventures, discussion topics of interest, etc. Please bring your ideas and your friends! This is a perfect time to join ABC with the board turnover. For those of you who’ve never been to ABC before, we invite you to come. You do not need business experience :) Bring your ideas and your friends! See you tomorrow, The Board