This is your chance to find out what your potential customers want. You will need to see what other young cook books are available, find out if local children and young people think the cook book is a good idea and ask which format your potential customers want the cook book produced in (i.e. digital, video based or hard copy) It's also a chance to test out your branding and name ideas.
Using the information you gathered from your market research, it's now time to develop your product. You will take part in an ingredient tasting session to enable you to develop your recipes and also look at the different ways you can make your cookbook, including how to make a multi media iBook, using augmented reality in your cookbook and how YouTubers build their enterprises online.
This is a chance for the young chefs in the team to put their cooking skills into practice and cook a range of recipes which will potentially be included in the young cook book.
Learn about the different ways you can raise money to start a new enterprise including looking for investors and setting up a Crowd Funding campaign. You'll also learn about how to keep track of business finances and make sure you make a profit and not a loss.
You've developed the cook book, secured local investment for the cook book and made the cook book. Now its the important bit, you've got to SELL, SELL, SELL the cook book in as many different places as possible. All profits raised will be donated to a local charity which will be chosen by the young enterprise group and also fund a little treat for the CYC young apprentice team.
Each week the young enterprise team will appoint a new project manager. The PM role is to lead the team and assign roles and tasks based on the skills and strengths of the young apprentices.
Now that you've completed the CYC Young Apprentice process, we want to test your business and enterprise knowledge in our Lord Sugar Enterprise Quiz - COMING SOON