Magic pound

pitkin2020

74k in 4 months though from a home kitchen (by the sounds of it) either means she was baking and selling 24 hours a day. you can only do so many cakes in a home oven lets be honest. Or she was selling cakes to the very rich and stupid and 1k a cake, again highly unlikely. Lets say she was selling the cakes at £2 each she would have to make over 9000 cakes a month or over 300 a day. Even at £5 a cake thats over 100 cakes a day 7 days a week. I'd be surprised if warrens bakery are selling that many cakes per day lol

paulwf

One step along the way could be to have a tea and coffee morning. For £10 you could easily buy enough teabags, sugar, milk, coffee and biscuits to turn into £50 at a fundraiser morning.

If you are really pushed for £3 you could probably buy enough teabags, sugar and milk to get a decent return.

jexygirl

On principle ( and because I had brandy!) and because I ADORE and admire Patmans sig, as it caused uproar in the bar when first repeated, and continues to amuse, which is why I was sad enough to do this! (twice because some shortcut random key hit last post and erased it!)
300 cakes a day is totally do able.!
300 /12 (average cake /muffin tray) = 25 trays - /3 (average in a normal non fancy oven or range) = 8.3 batches. Average cooking time per batch 20 mins = 167 mins for arguements sake /60 = 2.78 hours... lets be generous and double it for prep time etc - 6 hours - thats loads left over for selling and sleep :D:D
Aaand re reading, realise that a quid won't buy the ingredients for 12 cakes.... sooooo...;)

On a more serious reply - the raffle is the way I would go - all be it not "inventive" as such.
If you approach local buisnesses - particularly ones you are a regular of, to donate a prize of some sort, however big or small, they are quite likely to.
We are often asked, often donate a meal voucher for the initiative, as well as the fact we get a bum on a seat that spends over the voucher and we are also recognised as supporting. Similarly, a paint or DIY shop voucher would be ace, and you would likely buy more when there or whatever...thats why it pays for them to donate /support.
Do calls to local buisnesses count as a cost? If they do, then you might want to nip out to a local restaurant, during the course of your day, for a snack, and ask whilst there. Even a "tour" of a local vineyard /organic farmer /museum /church bell ringing session / dog groomers / local hairdresser or beauticians voucher or even one for £5 of organic veg or a £5 ad in the local paper!- things that are unusual to some maybe. Tap up your relatives - A 2 hour baking or cooking lesson from someone like my Gran who makes the most amazing gravy and cakes, or a basic car maintenance of how to change a tyre / top up water oil and windscreen washers etc. from someone who knows how... more personal is priceless!

I'll get me coat...

bananas78

Thanks so far for the replies, I will let you know how its going.

paddyrg

jexygirl wrote: »

...300 /12 (average cake /muffin tray) = 25 trays - /3 (average in a normal non fancy oven or range) = 8.3 batches. ...

(Because it's fun to argue...)

So - this assumes 3 muffin trays, an oven and leccy/gas - which is a big ask for a quid!

OK I know these exercises are supposed to be a metaphor for love, kindness etc., but stories like the old lady almost certainly discount leccy, startup resources, a sympathetic market (people at church, and supporting the church), short term honeymoon period - and are as realistic as 'The Apprentice' ;-)

jexygirl

hehe Paddy, I know - I did put that you can't actually even buy the ingredients for a quid after I re read it!

I was just being pedantic and had brandy so wanted to actual calculate whether it was possible lol

Although, I am pretty sure the tins could be borrowed :P aaaaannnddd, technically, if you can't include the gas and leccy, then you couldn't include the petrol to drive to town to get ingredients... or the lights on in the kitchen whilst cooking...

Again... coat is on...

paddyrg

Jexy, absolutely right, and only sparring for a bit of fun

But the point's the same as The Apprentice, yes anyone can start a business for a quid. As long as you discount everything that creates the environment you get to work in (rent, rates, fuel, insurance, tax, safety gear, NI, training, licensing, fairy liquid, etc) then of course you can be competitive. Black market economies can thrive if they abuse and undercut the legally operating businesses. This is where 'The Apprentice' really irks me, it is not a business show, it is 'The Generation Game' with more pomp! They hide all the true costs for the sake of simple drama, but it gives false impressions!

Pointless gripe over... we can get back on topic now with my grumpy apologies ;-)

gingerandrubarb

Why don't you donate an item you have into the challenge say a first edition book or a favourite (but nearly new) teddy or unused gift sets and get everyone else in your team to do the same then ask others (friends & family, who can ask their friends and family and so on) to donate something (we all have something that's sitting doing nothing)
Then once you have enough items all worthy of wanting raffle them off (ask local businesses for raffle books or print your own, pretty sure you can google raffle ticket templates) you could sell the tickets as 'save money on your christmas 2011' as they (might) have a chance of getting lots of lovely new items for the price of a ticket.
Once you have sold enough tickets (100 @£2 = £200) then use some of the money to hold another raffle (say £50 raffle prize, = £150 left. another 100 tickets at £2 =£350) so far you 'officially' haven't even spent the pound as you have printed the tickets and donating the original items. then keep upping the prize money and selling the raffle tickets x

gingerandrubarb

Here's some FREE raffle ticket printing sites.

1.http://www.freeticketprinting.com/PrintDemo.aspx
2.http://www.thepaperstock.com/Templates.html

Or just do your own through word or photoshop etc. x

Savvy_Sue

If you are selling raffle tickets at an 'event', and not selling them in advance, then you can buy cloackroom tickets and use them.

However, if you are selling raffle tickets in advance of an event, then you cannot use cloakroom tickets, you MUST have properly printed tickets, and you MUST register the raffle.

I think the latter would cost more than your £1, plus if we're considering the cost of leccy for baking cakes do we not also have to consider the cost of ink for printing?