BizCafe

Business Essentials Simulation

BizCafe is a business essentials simulation that introduces students to running a business. It is designed to help your students learn about the challenges and rewards of making good decisions in a small, service-based business. Students will learn about management, operations, marketing, and accounting by running their own coffee shop.

CLASSES

Introduction to Business
Small Business Management

DIFFICULTY LEVEL

Introductory

AUTHORS

Stu James
Mike Deighan

OBJECTIVES

As a business essentials simulation, BizCafe provides students an opportunity to learn the fundamentals of business by running a simple start-up enterprise. Student teams will function as a “real-life” company competing in a dynamic and evolving industry.

BizCafe is designed with the following learning goals for your students:

  • Planning & Analysis

    • Write a business plan
    • Monitor implementation of plan
    • Analyze results and make adjustments
    • Calculate break-even point

  • Staffing

    • Project staffing requirements
    • Decide on employee pay rates
    • Calculate total cost of compensation
    • Manage employee turnover

  • Marketing

    • Identify the 4Ps of marketing
    • Set pricing for multiple products
    • Calculate gross margin
    • Project impact of promotion

  • Operations

    • Project purchasing needs
    • Manage inventory
    • Set shop hours
    • Maximize customer satisfaction

  • Accounting

    • Distinguish cash and accrual accounting
    • Create and analyze income statement
    • Create and analyze balance sheet
    • Calculate return on an investment

  • Teamwork

    • Allocate responsibilities fairly
    • Complete assigned tasks on time
    • Communicate problems and plans
    • Collaborate with other team members

Device Frame

BUSINESS CASE

In a college-town, a local successful business professional wants to help college students learn about business by operating their own company. Each team in BizCafe represents a group selected to receive a $25,000 start-up loan at 10% interest to manage their own coffee shop for a year as an independent study for credit.

 

Request Instructor Access to read the BizCafe business case and watch our case video!

16

Decision Periods (weekly)

4

Scenarios

17

Assignments

16

Incidents (mini-cases)

ASSESSMENT TOOLS

Combining our simulation BizCafe with our quizzes and assignments gives you the tools to assess your students’ understanding of the basic concepts of business. The following grading rubric works best to assess your students’ knowledge and understanding, providing a thorough assessment.

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Simulation Results0%
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