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My Money March Title

2017 Text

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Business visit to the Natural History Museum Tring

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The Natural History Museum at Tring was the private museum of Lionel Walter Rothschild, 2nd Baron Rothschild; today it is part of the Natural History Museum. During our visit we learnt about the business side of the museum.

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The government wanted to make entrance to the museum free for visitors so they give the Natural History Museum in Tring and London an amount of money to run their business.

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Extra money is raised through donations to the museum, sales in the shop and cafe, by having parties and weddings and even sleep overs. Money is also riased in the Museum's Research Department.

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Money is needed to cover the cost of running the museum, this includes money to pay the staff, cleaning expenses, the cost of all the equipment and stationery, to cover the upkeep of the building, utilities (water, electricity etc.), to keep the exhibits looking their best and much more.

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In the museum's entrance there is a special case were visitors can leave donations.

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Entrance to the museum is free but visitors are asked to make a donation of £2 per person.

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Upstairs there is another donation box...

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...which is rather special and it treats you to a mechanical show of moving animals around Walter Rothschild as he sits at his desk.

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The Museum Shop

The Museum Shop is stocked with merchandise to temp all ages, and reflects the exhibits in the museum. Before any customers arrive in the shop the staff must get prepared!

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Before any customers arrive the museum's computer touch screen till must be stocked up with money (petty cash) so that change can be given to customers.

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A float of £85 made up in of a variety of coins and notes is taken from the safe.

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The money is carefully counted, not by hand, but by weighing each type of coin or note.

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The money is carefully sorted into compartments to make it easier to count out the correct amount of change.

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Payment can also be made by card and contactless method using a card reader.

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At the end of the day the money in the till is counted again. The £85 float is put back into a bag in the safe ready for the next days business. The remaining amount of money is the value of the stock that has been sold in the shop throughout the day.

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There is a special Dodo Exhibition in the museum at the moment which is of great interest to the museum visitors. To provide customers with items of interest to purchase and to help boost sales they sourced a selection of Dodo products to sell in the shop.

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We were keen to find out if the museum had a usp? (unique selling point) - Yes they do, it's their amazing collection of animals!

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Thank You Animation We have had a wonderful time learning about the business side of the museum.

 

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Christchurch Road, Tring, Hertfordshire HP23 4EE

Tel: 01442 823551 Email: admin@goldfield.herts.sch.uk

Headteacher: Mrs Debora Stevens