Project Title: Financial Modeling for Farina, the Restaurant + Wine-Focused Subscription Concept

Hive Hospitality

Details
Project Title Financial Modeling for Farina, the Restaurant + Wine-Focused Subscription Concept
Project Topics
Skills & Expertise
Project Synopsis: Challenge/Opportunity
Hive Hospitality is building a blended subscription + retail concept called Farina. In addition to having physical stores, Farina will offer a wine-focused subscription. They need your help launching the business, including financial modeling paying careful attention to metrics like  Customer Acquisition Cost, (CAC) and Lifetime Value (LTV). They're also hoping you can help inform budgets for personnel, technology, and marketing. They also need to understand how their flagship locations will differ from the subscription model in terms of revenue and resources required. Should the business have two different P&Ls? What resources can they plan to share vs. what resources need to be individually itemized? Is the concept as synergistic and scalable as they think? What are the pros and cons of opening two stores (one in the Reston Town Center next to the Audi / Volkswagen HQ and one in Arlington next to Amazon) at launch instead of one?
Project Synopsis: Activities/Actions Required
Project Synopsis: Expected Results

Project Timeline

Hive Hospitality - Financial Modeling for Farina, the Restaurant + Wine-Focused Subscription Concept
Due Date
Activities
Deliverables
Status
Action
Thu, 02/11/21
12:00 AM UTC
DELIVERABLE #3: PRESENTATION (All Teams)
No Deliverables
No deliverables are required for this action item.
Description:
Group A: Present Preliminary Working Financial Model (Deliverable #3) Group B: Present Your Comprehensive Marketing Plan (Deliverable #3) Join Zoom Meeting https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09 Meeting ID: 828 7747 6211 /�Passcode: 512419 One tap mobile +13017158592,,82877476211#,,,,*512419# US (Washington DC) +16465588656,,82877476211#,,,,*512419# US (New York) Find your local number: https://us02web.zoom.us/u/kbCxa9CRE
Thu, 02/11/21
12:00 AM UTC
Upload Deliverable #3 Presentation & Written Files (ALL TEAMS)
Required Deliverable
Required Deliverable
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Description:
Upload presentation and written files (deliverables) to CapSource.
Mon, 05/10/21
12:00 AM UTC
DELIVERABLE #2: PRESENTATIONS (All Teams)
No Deliverables
No deliverables are required for this action item.
Description:
GROUP A: Present Financial Modeling Plan to Farina Leadership (Deliverable #2) GROUP B: Competitor Marketing Brief + Presentation (Deliverable #2) Join Zoom Meeting https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09 Meeting ID: 828 7747 6211 /�Passcode: 512419 One tap mobile +13017158592,,82877476211#,,,,*512419# US (Washington DC) +16465588656,,82877476211#,,,,*512419# US (New York) Find your local number: https://us02web.zoom.us/u/kbCxa9CRE
Mon, 05/10/21
12:00 AM UTC
Upload Deliverable #2 Presentation files (ALL TEAMS).
Required Deliverable
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Description:
Upload presentation and written files (deliverables) to CapSource.
Fri, 07/09/21
12:00 AM UTC
Check-In #1 with FARINA (Groups A & B)
No Deliverables
No deliverables are required for this action item.
Description:
2:30-3:00pm (A1) / 3:00-3:30pm (A2)�/�3:30-3:50pm (B1) / 3:50-4:10pm (B2) / 4:10-4:30pm (B3) Join Zoom Meeting https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09 Meeting ID: 828 7747 6211 /�Passcode: 512419 One tap mobile +13017158592,,82877476211#,,,,*512419# US (Washington DC) +16465588656,,82877476211#,,,,*512419# US (New York) Find your local number: https://us02web.zoom.us/u/kbCxa9CRE
Mon, 07/12/21
12:00 AM UTC
DELIVERABLE #4: FINAL PRESENTATIONS (Group B)
No Deliverables
No deliverables are required for this action item.
Description:
Present Comprehensive Marketing Plan with Launch Strategy (Deliverable #4).   Join Zoom Meeting https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09 Meeting ID: 828 7747 6211 /�Passcode: 512419 One tap mobile +13017158592,,82877476211#,,,,*512419# US (Washington DC) +16465588656,,82877476211#,,,,*512419# US (New York) Find your local number: https://us02web.zoom.us/u/kbCxa9CRE
Mon, 07/12/21
12:00 AM UTC
Upload Final Presentation & Written Deliverable #4 files (Group B).
Required Deliverable
Required Deliverable
Deliverable submission is required.
Description:
Upload presentation and written files (deliverables) to CapSource.
Sat, 09/11/21
12:00 AM UTC
FACULTY / TEAM Check-Ins (ALL TEAMS)
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No deliverables are required for this action item.
Description:
2:30pm - 2:45pm: All Teams Check-In (Dr. Chase) 2:45pm - 4:30pm: Individual Team Meetings (Team Leaders) Join Zoom Meeting https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09 Meeting ID: 828 7747 6211 /�Passcode: 512419 One tap mobile +13017158592,,82877476211#,,,,*512419# US (Washington DC) +16465588656,,82877476211#,,,,*512419# US (New York) Find your local number: https://us02web.zoom.us/u/kbCxa9CRE
Fri, 12/10/21
12:00 AM UTC
FACULTY / TEAM Check-Ins (All Teams)
No Deliverables
No deliverables are required for this action item.
Description:
2:30pm - 2:45pm: All Teams Check-In (Dr. Chase) 2:45pm - 4:30pm: Individual Team Meetings (Team Leaders) Join Zoom Meeting https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09 Meeting ID: 828 7747 6211 /�Passcode: 512419
Sat, 12/11/21
12:00 AM UTC
TEMP CHECK #3 DUE
Required Evaluation
Evaluation submission is required.
Description:
Sun, 12/12/21
12:00 AM UTC
FINAL PEER ASSESSMENT DUE
Required Deliverable
Required Deliverable
Deliverable submission is required.
Description:
Survey link: https://forms.gle/xdRbuYz3m75kmm1R7 Please take time to thoughtfully answer this Peer Assessment of your teammates. Your responses will be part of the collective assessment (grade) of your fellow team members. This is your opportunity to help Dr. Chase assess the contribution of your fellow students throughout this entire course. IMPORTANT: You need to fill out a separate assessment for each member of your team (i.e. 5 team members = fill out 4 assessments (you + 4 = 5). For \'Your College/University\' put \'WUV\' For \'Name of Company/Organization your worked with\' put \'FARINA\' For \'\'What is the title of the project you worked on?\' put your team name, i.e. \'Team A1 (Kelly)\' or \'Team A2 (Murat)\' or \'Team B1 (Surendra)\' or \'Team B2 (Nuttima)\' or Team B3 (Onon)\'.
Sun, 12/12/21
12:00 AM UTC
FINAL SELF ASSESSMENT DUE
Required Deliverable
Required Deliverable
Deliverable submission is required.
Description:
Survey link: https://forms.gle/bXxZA1K4hvguMM1j9 Please complete the Final Self-Assessment. Please take time to honestly answer these.
Check-In with FARINA (Groups A & B)
No Deliverables
No deliverables are required for this action item.
Description:
2:30pm-4:30pm �- All teams meet with Farina for Check-In. Join Zoom Meeting https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09 Meeting ID: 828 7747 6211 /�Passcode: 512419 One tap mobile +13017158592,,82877476211#,,,,*512419# US (Washington DC) +16465588656,,82877476211#,,,,*512419# US (New York) Find your local number: https://us02web.zoom.us/u/kbCxa9CRE
FACULTY / TEAM Check-Ins (ALL TEAMS)
No Deliverables
No deliverables are required for this action item.
Description:
2:30pm - 2:45pm: All Teams Check-In (Dr. Chase) 2:45pm - 4:30pm: Individual Team Meetings (Team Leaders)   Join Zoom Meeting https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09 Meeting ID: 828 7747 6211 /�Passcode: 512419
FACULTY / TEAM CHECK-INS (All Teams)
No Deliverables
No deliverables are required for this action item.
Description:
2:30pm - 2:45pm: All Teams Check-In (Dr. Chase) 2:45pm - 4:30pm: Individual Team Meetings (Team Leaders) Join Zoom Meeting https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09 Meeting ID: 828 7747 6211 /�Passcode: 512419 One tap mobile +13017158592,,82877476211#,,,,*512419# US (Washington DC) +16465588656,,82877476211#,,,,*512419# US (New York) Find your local number: https://us02web.zoom.us/u/kbCxa9CRE
Check-In #2 with FARINA (Groups A & B)
No Deliverables
No deliverables are required for this action item.
Description:
2:30-3:00pm (A1)�/�3:00-3:30pm (A2)�/�3:30-3:50pm (B1)�/�3:50-4:10pm (B2)�/�4:10-4:30pm (B3) Join Zoom Meeting https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09 Meeting ID: 828 7747 6211 /�Passcode: 512419 One tap mobile +13017158592,,82877476211#,,,,*512419# US (Washington DC) +16465588656,,82877476211#,,,,*512419# US (New York) Find your local number: https://us02web.zoom.us/u/kbCxa9CRE
TEMP CHECK #1 DUE
Required Evaluation
Evaluation submission is required.
Description:
Check-In with FARINA (Groups A & B)
No Deliverables
No deliverables are required for this action item.
Description:
2:30-3:00pm (A1) / 3:00-3:30pm (A2)�/�3:30-3:50pm (B1) / 3:50-4:10pm (B2) / 4:10-4:30pm (B3) Join Zoom Meeting https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09 Meeting ID: 828 7747 6211 /�Passcode: 512419 One tap mobile +13017158592,,82877476211#,,,,*512419# US (Washington DC) +16465588656,,82877476211#,,,,*512419# US (New York) Find your local number: https://us02web.zoom.us/u/kbCxa9CRE
NO CLASS - Thanksgiving Break
No Deliverables
No deliverables are required for this action item.
DELIVERABLE #1: Q&A With FARINA LEADERSHIP (Groups A & B)
No Deliverables
No deliverables are required for this action item.
Description:
Deep dive on concept, the market and competitive analysis. Join Zoom Meeting https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09 Meeting ID: 828 7747 6211 /�Passcode: 512419 One tap mobile +13017158592,,82877476211#,,,,*512419# US (Washington DC) +16465588656,,82877476211#,,,,*512419# US (New York) Find your local number: https://us02web.zoom.us/u/kbCxa9CRE
PROJECT KICK-OFF
No Deliverables
No deliverables are required for this action item.
Description:
Zoom: Meeting ID: 828 7747 6211 Passcode: 512419 https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09
Upload DELIVERABLE #1 File(s) [Groups A&B]
Required Deliverable
Required Deliverable
Deliverable submission is required.
Description:
Upload presentation file and written file (if one) to CapSource website.
KICKOFF ASSESSMENT DUE
Required Evaluation
Evaluation submission is required.
Description:
Upload Final Presentation & Written Deliverable #4 files (Group A).
Required Deliverable
Required Deliverable
Deliverable submission is required.
Description:
Upload presentation and written files (deliverables) to CapSource.
REMINDER OF CONFIDENTIALITY
No Deliverables
No deliverables are required for this action item.
Description:
During this program, you'll be working on a real project posed by a real industry partner. By registering for the CapSource system and participating in this Program, you are bound by the Rules of Engagement, including strict confidentiality of information shared with you. Please be respectful and professional.
DELIVERABLE #4: FINAL PRESENTATIONS (Group A)
No Deliverables
No deliverables are required for this action item.
Description:
Present Improved Financial Model with KPIs and Dashboards for Farina Concept (Deliverable #4).   Join Zoom Meeting https://us02web.zoom.us/j/82877476211?pwd=b2ZhL2FQR1BvUTA1ZkxkUHU1QlBWUT09 Meeting ID: 828 7747 6211 /�Passcode: 512419 One tap mobile +13017158592,,82877476211#,,,,*512419# US (Washington DC) +16465588656,,82877476211#,,,,*512419# US (New York) Find your local number: https://us02web.zoom.us/u/kbCxa9CRE
TEMP CHECK #2 DUE
Required Evaluation
Evaluation submission is required.
Description:

Program Managers

Name Organization
John Chase Washington University of Virginia

Teams

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