Chili Sauce Business

Every student at Liger had been participate in the Chili sauce business. There are four round of the exploration. I was in the last round. We made chili sauce. Our added value were: it made by the students at Liger that are 13-14 years old, 100% Cambodian product, and we only use Cambodia ingredients such as Kep sault, Kompong Speu palm sugar, kebab and all the fresh vegetables. In the class we divided into four team. There account and finance, outreach team, advertising, and product development. The account team work on the budget that for our chili sauce and calculate all the expenses. Outreach team worked to find the places that we can put our chilli sauce and sell it there. The product development team was making the chili sauce and they tried really to get the right ingredient and have good taste. The outreach team had went to many places in Phnom Penh to make people agree to put our chili sauce at their place. Most of the store won’t agree with us because they kind of not trust us and think that we are still young so we may not be a good partner with them. The accounting group also have problem with their work because they had calculate the number wrong and had messed up a lot of things. But for the advertising group not really have a lot of problems and they always keep update the information about our exploration on the social media (Facebook). But then we found out that our business is not success because we had not even reach to our break even point. The account team found out that we need a lot of money to start this business and we can’t make it. There is one restaurant that like our chili sauce and they had bought from us some. There is also another place that we can put our product in and they also email to us and ask about the time for when will we put our product at their place. But then we just tell them the truth that we can’t continued this project anymore because it only last for seven weeks and this is the last round too.