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Chester Students Shine In Car Valet Business Challenge

 
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PostPosted: Tue Mar 27, 2012 12:26 pm    Post subject: Chester Students Shine In Car Valet Business Challenge Reply with quote

Chester Students Shine In Car Valet Business Challenge

Released on: March 27, 2012, 11:32 am
Author: ACF Car Finance
Industry: Automotive
March 27, 2012, 11:32 am -- /EPR NETWORK/ -- Five young Chester business students have triumphed in an Apprentice-style challenge set by a local motor company, ACF Car Finance Limited.

The group, aged 16 and over, beat two other teams of fellow-students with their ideas to create a new business which could clean-up in the local car valeting market.

All 15 youngsters from West Cheshire College, who are studying for a business diploma, were taking part in the "Outstanding Business Student Award" organised by ACF Car Finance.

Now in its third year, the scheme aims to bring out the students' entrepreneurial skills by asking them to research, set up and profitably manage a fantasy business based in Chester.

This year's theme was car valeting - and it was the polished ideas put forward by the group calling themselves "Finishing Touch" which shone most brightly among the judges.

All five members of the group were awarded a Kindle eReader, while others taking part in the competition each received a £15.00 gift card to spend in a computer store.

As part of their research earlier this year, the 15 students spent a day behind the scenes at the headquarters of ACF Car Finance on Chester Business Park.

They were shown the realities of running a successful business, and the type of tough decisions they would have to make in areas such as investing in equipment, health and safety, and marketing.

Their plans were presented in a board room play-off at ACF Car Finance to a judging panel led by a course tutor from West Cheshire College, and company boss David Challinor:

"It was a really hard decision as all three groups displayed great flair," said Mr Challinor who is Managing Director of The Funding Corporation, parent company of ACF Car Finance.

"But in the end, the Finishing Touch youngsters gave a very confident presentation, and provided well thought-out answers to all the questions which could have tripped them up.

"Although this was a theoretical test of their business skills, I feel confident they could have easily won financial backing if we had been a real panel of Dragons," added Mr Challinor.

In addition to their prizes, two outstanding students among the fifteen - Richard Fleming and Yonia Gonzalez-Torres - were offered work experience at the company as part of their college course.

The five Finishing Touch winners were Josh McClure, Richard Fleming, Fatma Gonen, Sophie Parker and Agata Dabkowska.

- Ends -

ACF Car Finance Limited (www.acfcarfinance.co.uk) is Britainís leading supplier of high-quality used cars to people whose credit status might otherwise prevent them from obtaining vehicle finance. ACF Car Finance has earned a strong reputation within the finance and motor industry for its standards of customer care, and the quality of the friendly, professional advice provided by members of its fully-trained team.

ACF Car Finance Limited. Registered in England number 4757280. Registered office address: International House, Kingsfield Court, Chester Business Park, Chester CH4 9RF.



For further information about this piece, contact:
Jane Whittle
Marketing Manager
The Funding Corporation
01244 625 683
jane.whittle@thefundingcorporation.com
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