Last Wednesday the applied math class and sophomore math
class went on a field trip to Rykes bakery. We went there to ask questions
about running a small business and to see what it takes to run a successful
business such as Rykes.
We learned that there is so much more to a small
business that what the costumer just sees when he walks through the front door
to buy a doughnut. The owners told us about ways that they try and cut the
“unneeded” costs during the slow time of the year for them(usually the winter
time).
They gave us a couple examples of how they saved some
money, one example was, their electric bill was very expensive for heating and
cooling so they put in a new door and a new breeze way which cost them around
$6,000 dollars but in the long run will save them money. Another example was
their oven would be running for close to twenty hours a day and they were able
to rearrange the scheduling for their employees and now the oven is on for only
twelve hours a day which they said they saw an immediate savings in their
energy bill.
There are so many little details that I never thought
of that a owner has to deal with on a regular basis when he has a business to
run. Going through Rykes really was an eye opening experience for me to see how
a successful business is ran.
The owners that took us around their business were
very nice to us, and gracious enough to give us all a tour of their
establishment and letting us eat some cake scraps and butter cookies. It is
something that I would do again and encourage someone who is interested into
studying business at college.
- Patrick Stewart, Senior
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