PotterBoard

Ticket to the magical world

Student Company Report

Teacher: Tamar Morgoshia

Georgia

2018-2019
Executive Summary
Mission Statement:

Our mission is to improve business and math skills . Which will be usefull for them in future.

Product:

A board game about harry potter, it is based on monopoly, with deathly hallows (questions) and
owl letters in it.

Benefits:

 There is no such a product in Georgian market

 it is the best way to spend your free time with your family, friends and so on.
 It brings magic to your life

Summary of performance:

Our mini company became very successful. PotterBoard fulfilled our expectations. We have never
stopped improving our product, to make it more interesting, magical and available for everyone. We
played the game to find out all the problems that might appear during the game, to make it more
comfortable to our lovely costumers. We learnt to solve the problems. We are five in the team and had
different opinions about specific themes. less then one year activity proved that you can learn something
even from magic and fun and this provides to us that there is a real need in Georgian market.

Financial expectations
When we created our company , we couldn’t imagine to achieve such success . There are many
potterheads in Georgia who want to buy our product and our expectations became real.

Table of Contents

 Executive summary
 Starting the company
 Product
 Marketing
 Social responsibility
 Finances
 Challenges and learning experiencesFuture plans and additional
Starting the company
We started our company when our teacher told us about the project. We already knew what we
wanted to produce and we started creating our own company. First the whole class chose CEO
and HR managers. then they chose other members from the candidats and we started working
together.

Our company is composited by the classmates, our age is 15-16 years. At the beggining we had
no experience about business engagements, so we took a lot of advices from skilfuled people , to
make our board game more fun and interesting. It took time to organize our company, but with
joint cooperation we succeded that:

 Every persons skills match their position in the company.

 We learnt to listen to each other.
 Chose the best idea from bunch of them and developed it.

Team members and positions:

CEO Manager HR Manager Marketing

Manager
Gvantsa Veriko Ana Katamadze
Zangaladze Natchkebia

Financial Manager Production Company face

Manager
Mariam Keti Naroushvili Saba jobinashvili
Chkhikvadze
Product

“PotterBoard”
our goal was to crate a product which would be based on “Harry Potter” and would be available to
everyone. The game is printed in the printing company “poligraphmax”. The product comes with the
box, which consists of board, two dices, four moving figures, two packs of cards “deathly hallows” and
“letters”, also sale cards, and galeons (playing money).

Product developement

February
January
Peper board, MarchPrinted
different rules, box , colored April:Engl
printed, different ish game
card board, box
rules, different
hand made board

We spent a lot of energy and time to improve our game. We tried to make sure that the game rules were
formed, costumer oriented and comfortable for players.

In the future we would like to have more interesting game, better quality and make it more popular.

Production process
Production process was very hard for us. All members of the team took part in the production process.
The process is lead and the tasks divided by the production manager in a way that everybody would
have a similar workload. everybody knows how to produce, which gives us flexibility; we are prepared
better for becoming future employers and leaders as we have got an understanding of the workload and
importance of production workers. For quality control everybody checks their own product but last
verdict is given by the production manager

.
Marketing
We have already considered the product, so now we are going to talk about the other P –s of
marketing.

4P

-Price
The final price was calculated according to our production coasts (about 5 gel) and the purchase
capacity of local people. Our production in Georgia coasts 12 Gel, but if we sell the product
abroad it’s price will grow to 15 EUR, because the purchase power of European people is higher,
so people can pay more money.

-Place – tbilisi, Georgia

At the beginning we sold our product in school. The number of sales was 5. On the exhibition
shop, which was organized by the Junior Achievement Georgia, in Tbilisi free school, we sold 5
boxes and in Tbilisi mall-8 more of them. Besides this exhibition shops we had 14 orders from
our website. We want to sell more product, but it is illegal for student company, so we will have
to stop and close this project and we are very sad about this, but we are happy that we had a
chance to look in to business world, even for a year.
Marketing
-promotion
At first we created website to make the product more famous. We messaged well-
known people, pages and televisions. We already planned meeting in radio station. This
factors really helped us to make PotterBoard knowable. We directed questioning to
find out their opinion. 75% of interviewed people thought that this idea was creative
and they would buy it for available price. We think that, the costumers aren’t
disappointed. One of the famous singer nuca topuria is interested in our company and
the product deserved huge approve. The product users are basically potterheads.
Harry potter has a lot of fans in georgia, so we think that if we become more famous,
we will have bunch of costumers.
PotterBoard

PotterBoard

potterboard0@gmail.com
Social Responsibility
the product aims to develop business skills and adapting
to mathematical logical thinking in children.
it is very important for us to know people about our
product. our product isn't only a game for fun but it
develops business skills.
our product is safe, because it does not contains such
materials which will be dangerous for the costumer's
health
finances
As every other business, we also needed initial
capital, so we sold 5 shares - each value was 5
gel. All dividends were company members.
Initial capital was 25 gel. With this money we
produced 5 games. The production cost for each
game was 5 gel, and selling price was 12 gel.
First we sold 5 games in our school. After that,
we had orders from different parts of the city.
From time to time, with the whole money we
gained at school, we prepared more games. On
exhibitions we sold more than 10 games. On
exhibition in March we sold 8 games- price was
15 gel and 2 - 12 gel, and also got more than 15
orders on social net. For this time we sold 32
games.

profit and loss account (GEL) Liabilities and owners' equity

sales 402 Loans 0

purchases 160 creditors 0

production wages 60 share capital 60

cost of sales 220 profit 182

gross profit 182

TOTAL Liabilities and

salaries, commissions, bonuses 0 owners's equity 224

rent 0

total expenses 220

operating profit 215

corporate Tax 0

dividends 50

CHALENGES AND LEARNING EXPERIENCES

Learning experiences
Looking back we have divided the arisen problems into three categories: 1) solved problems, 2)
partially solved problems and 3) problems yet unsolved where we are looking for other
solutions.

Solved problems: People did not understand the meaning of our product

problem solution What we learnt

People didn’t understand,that We explaned that our game To argument our opinion with
our product was more than just improves buisness and math the right way.
a game. skills.
At first we had more orders We returned profit to make You should give something to
than money. more games get more.

Time managment- we had We convinced our school Tme planning to archive

much schooltasks with student principal to support us. We something you most work very
company. used each minut wisely. hard.

Partially solved

problem solution analysis

Sale cards are printed on a We printed it on a thicker We are going to laminate sale
thin paper rises risk of ruining. colored paper. cards to grow their quality.

Student companies are not We were interviewed by a business partners and

well known in Georgia very popular entrepreneurship customers to trust Student
magazine companies are not well known
in Georgia students more.

CHALENGES AND LEARNING EXPERIENCES

Unsolved but looking for other solutions

problem Our way to work around analyses

it
We have to close our student to get a licensure We have to wait till age 18 to
company continue our production

Other learning experiences

we learned that :

 without hard work, we will never reach a goal.

  We need to save money for a rainy day.
 A penny saved is a penny earned.
 We should learn from our mistakes.
 It doesnt matter if we fail, we need to continiue trying.

Achievements
 we got in the final of "Junior achievement Georgia's" competition.
 our product is popular out of town
 we git the "best product" title our product fulfilled many potterheads'
desires

FUTURE PLANS AND ADDITIONAL INFORMATION

Our company was really successful so we don’t want to stop producing our product. So in the
future we are going to continiue to get the licensure. We are going to develope our product and
rise it’s quality. We will print the game not only on papers, even on fabric. Becouse it will be
lighter and more comfortable to play. We are hopeing that, our company will become more
famous, and the number of the costumers will rise. We also want to promote “PotterBoard”
abroad so other countries will hear about us and about Georgia.

Acknowledgements
We would like to give our thanks to many supportive people who helped us through this
year:

Our teacher Tamar Morgoshia

Our School Tbilisi public school N175 and its principal Tinatin Alavidze.

Printing company: “Poligraphmax”