Beruflich Dokumente
Kultur Dokumente
Oanh Nguyen
Aysia Guy
Afrithmetic
7284 Merlin Way
Riverdale, GA 30296
404-503-8180
Afrithmetic.com
Table of Contents
1
Executive Summary.................................................................4
2.1
2.2
2.3
2.4
2.5
2.6
2.7
Overview....................................................................................6
Mission......................................................................................6
Vision.........................................................................................6
Company Goals and Objectives....................................................6
Business Philosophy...................................................................7
Service Overview........................................................................7
Service Competitiveness.............................................................8
Industry Analysis.....................................................................9
3.1
Private Tutoring Industry Economics............................................9
3.2
Opportunities and Threats.........................................................10
3.3
Competition..............................................................................11
3.3.1 Major Competitors................................................................................... 11
3.4
Target Market...........................................................................12
3.5
Consumer Demographics...........................................................13
3.5.1 Parents of 6th-12th graders.......................................................................13
3.5.2 Middle and High schools..........................................................................13
3.5.3 Competitive Advantages and Disadvantages..........................................13
Management Plan..................................................................15
4.1
Company Name.........................................................................15
4.2
Legal form of Business..............................................................15
4.3
Organizational Structure...........................................................15
4.4
Qualifications...........................................................................16
4.4.1 Chief-Executive Officer............................................................................ 16
4.4.2 General Manager..................................................................................... 17
4.4.3 Director of Tutoring Services...................................................................18
4.5
Stakeholders............................................................................19
4.5.1 Advisory Board........................................................................................ 19
Marketing Plan......................................................................19
5.1
Overall Marketing Strategy........................................................19
5.1.1 Features and Benefits..............................................................................19
5.2
Marketing Components.............................................................20
5.2.1 Pricing..................................................................................................... 20
5.2.2 Promotion................................................................................................ 20
5.2.3 Public Relations....................................................................................... 21
5.3
Marketing Plan Budget..............................................................21
Operational Plan....................................................................22
6.1
6.2
6.3
6.4
Production................................................................................22
Location...................................................................................22
Legal Environment....................................................................23
Implementation Timetables and Processes for Monitoring Progress
24
Financial Plan........................................................................ 24
7.1
Possible Sources of Initial Financing..........................................24
7.1.1 Scholarships/Competitions......................................................................25
7.1.2 Community Leaders................................................................................25
7.1.3 Angel Investors........................................................................................ 25
7.2
Sales Forecast..........................................................................25
7.2.1 Without the tablet/data program.............................................................25
7.2.2 With the tablet/data program..................................................................25
7.3
Profit/Loss & Projected Income..................................................26
7.3.1 Without the tablet/data program.............................................................26
7.3.2 With tablet/data program........................................................................27
Appendix..............................................................................28
Bibliography.......................................................................... 40
1 Executive Summary
"In this country, It's considered perfectly acceptable to be incompetent in
Mathematics.
In fact, certain people are rather proud to be incompetent in
Mathematics," Daniel Koretz admits. This ideal alone has made it
permissible for Americas children, especially those in low-income areas,
to struggle with their math studies inheriting the mindset, for them and
their parents, that their confusion is inevitable. With the appropriate
supplemental educational services for math, students who usually
memorize math concepts or simply guess can achieve a level of
comprehension that unlocks the real-life applications of mathematics
the same wonders motivating todays esteem STEM professionals. These
services alone give students access to a number of other resources
ensuring a successful future involving a college education and a
profession of their choosing.
Afrithmetic is an experience driven by mathematics to cultivate the true
potential in all students. We offer mathematics tutorial sessions for
students in 6th-12th grade residing in Metro-Atlanta and its surrounding
areas. The company is registered as Enjoli Education, LLC, but does
business as Afrithmetic. Our mission is to develop and enhance students
confidence with all levels of mathematics through 1-on-1, in-home
interactive sessions that simultaneously promote positive personal
development. Our tutors duties are two fold with them not only assisting
students with their math understanding, but also serving as a
confidant/mentor to help students develop as a whole person. Our goals
for the next two years are as follows:
2.2 Mission
Afrithmetics mission is to develop and enhance students confidence
with all levels of mathematics through 1-on-1, in-home interactive
sessions that simultaneously promote positive personal development.
2.3 Vision
Afrithmetics vision is to advance students understanding of
Mathematics from 1+1 to improved self-esteem, enhance career
opportunities, and increase potential for success.
3 Industry Analysis
3.1 Private Tutoring Industry Economics
The Organization for Economic Co-Operation and Development (OECD)
produces a triennial international survey through the Programme for
International Student Assessment (PISA) that aims to evaluate
education systems worldwide among their member countries. In 2012,
the OECD average in Mathematics mean score, share of low achievers,
and share of high achievers were significantly better then the United
States as seen in Table 1 PISA Mathematics Scores.
OECD Average
ShanghaiChina
United States
Thailand
Mean Score in
PISA 2012
Share of low
achievers in
Mathematics
Share of top
performers in
Mathematics
494
613
23.0
3.8
12.6
55.4
481
427
25.8
49.7
8.8
2.6
From the above table it is easy to see the disparities of math education
globally, where in 2012 the United States did not rank amongst the top
25 in Mathematics. The Committee on STEM education National
Science and Technology Council issued a Federal Science, Technology,
Engineering, and Mathematics (STEM) Education 5-Year Strategic Plan
report in 2013 addressed the need to continue our STEM education
efforts. Some of the reports priority investment areas include
improving STEM instruction, increasing and sustaining youth and public
engagement in STEM, and better serving groups historically
underrepresented in STEM fields (Executive Office of the President of
the United States). These progressive efforts to remain on the forefront
of the STEM trains positions Afrithmetic advantageously.
The private tutoring industry is a growth industry globally and
nationally. As of 2012, the Test Preparation/Tutoring/Counseling
education sector globally possessed a market size of $54.0 billion with
a projected increase by 13% making a projected market size of $100.0
billion by 2017. Within the United States, the same sector in 2012
possessed a market size of $11.0 billion with a projected increase by
6% making a projected market size of $14.7 billion by 2017. There are
roughly 60 major companies that make up the private tutoring market
share in America. In 2013 the No Child Left Behind Act motivated the
increase in demand for private tutoring by providing incentives for
private tutoring companies to specifically assist underserved
communities. This implementation has had a lasting effect on the
industry profitability. As reported by IBIS World (Bixler), in January 2016
the industry rolled in a revenue of $10 billion with 305,122 employees
and 155,758 businesses (IBISWorld).
3.3 Competition
3.3.1 Major Competitors
Below information collected from the website StudentTutor (Vanduzer)
and each companys respective websites.
3.3.1.1Kumon
For most tutoring agencies tutors are usually individuals who have
received a high mark in a subject or simply volunteering their time to a
certain demographic. Afrithmetic tutors hold a minimum of a degree
from an accredited 2 or 4 year institution in a STEM field, such as
Mathematics, Computer Science, Engineering and the likes, or working
towards a STEM degree (Bachelors, Masters, Ph.D). In contrast, Varsity
Tutors screens new hires based off of preliminary content exams and
an online tutoring demonstration, but once this is passed they do not
re-evaluate tutors content knowledge over time. As a result, many
students have been faced with tutors who may not have seen specific
content in a while and waste useful time in a session trying to recall
facts for themselves before theyre ever able to tend to their student.
Naturally, if a student perceives that their tutor, the suppose expert, is
struggling with the content, their confidence in being able to tackle the
assignments is easily depleted. This is even more true when it comes
to mathematics a subject with an overall negative reputation. Just
like students, tutors need to be evaluated/trained periodically to assess
their knowledge and capabilities so we as an organization can provide
them the appropriate resources to succeed so that their students can,
too, succeed.
Additionally, majority of our competitors are physically out of reach
and too expensive for the underserved communities that need the
additional mathematics assistance the most. The National Assessment
of Educational Progress (NAEP), in partnership with the National
Assessment Governing Board and the Council of the Great City Schools
(CGCS), created the Trial Urban District Assessment (TUDA) in 2002 to
support the improvement of student achievement in the nations large
urban districts. The 2015 Atlanta TUDA snapshot for public school 8th
graders show that Atlanta continues to perform below average in
Mathematics in comparison to other large urban cities as can be seen
in Figure 1 2015 Atlanta TUDA snapshots. Black students had an
average score 61 points lower than for their white counterparts. In
2003 there was a gap of 57 points thus not much has changed in 12
years (The Nation's Report Card).
4 Management Plan
4.1 Company Name
Enjoli Education, LLC operating as Afrithmetic.
CEO
General
Manager
Director of
Tutoring
Services
Tutors
Figure 2
4.4 Qualifications
Our most important strengths are in the experience of our leadership
team. Our CEO, General Manager, and Director of Tutoring Services
create our current leadership/management team with hopes of
expanding in the near future as funding allows. Below are summaries of
4.5 Stakeholders
4.5.1 Advisory Board
5 Marketing Plan
5.1 Overall Marketing Strategy
The overall marketing strategy is low-cost for our start-up. Our services
are widely needed throughout Metropolitan Atlanta and its surrounding
areas so we rely mostly on word of mouth and social media efforts to
market our services. We also utilize our community support by emailing
monthly newsletter highlights they can share with their respective
colleagues.
5.1.1 Features and Benefits
5.1.1.1Tutoring Service
Afrithmetics tutoring services possess three (3) main features: 1) meet
customers wherever it is most convenient for them, 2) tutors are
trained and exposed to several different physical manipulatives to
demonstrate math concepts, and 3) tutors who either currently hold a
STEM degree or working towards a STEM degree. These features
benefit customers in several ways. It potentially keeps customers from
having to travel far for the assistance they need and also helps familes
who do not have internet or major technology at home. Due to use of
manipulatives and academic background of the tutors, students can
actually learn how math applies in the real world.
5.1.1.2Tablet/Data Program
The proposed tablet/data program is intended to give technology and
internet access to students who would not normally be able to access
them at home. The program contracts an internet-ready and web-cam
equipped tablet or small laptop (chromebook size) to a student to be
able to receive online tutoring from an Afrithmetic tutor and use the
internet to benefit their other studies.
Source
Budget
Stationary mockup
Package (business
cards, letter head,
envelope, IPad App
prototype)
Ryn Productions
Promotional Video
(editing and
recording)
Ryn Productions
Banner
Website (domain
registration, mapping,
and private
registration)
Focus Group
refreshments
$40 recurring as
needed
Ryn Productions
$26 - annually
WordPress
n/a
6 Operational Plan
6.1 Production
Our tutors have a minimum qualification of working towards a STEM
degree or already possessing a STEM degree. Tutors who are hired are
subject to several training activities over the course of their
employment to maintain their content knowledge and ability to
motivate students as aligned by Afrithmetics M.A.T.H. values. Training
will be coordinated and implemented by the Director of Tutoring
Services with assistance from the CEO.
After each tutoring session, each of our tutors are required to fill out a
Client Report Form (Appendix C) that can be reviewed by the tutor,
parent, and student. The form asks various questions for the tutor to
take notes on the sessions. By doing this, the Director of Tutoring
Services can see what challenges the tutor or client are facing
continuously, and what the tutors should look forward to in the next
session.
6.2 Location
Objectives
General Manager
Director of Tutoring
Services
4. Establish an online
tutoring presence and
internet access assistance
program for low-income
families
7 Financial Plan
7.1 Possible Sources of Initial Financing
Afrithmetic is unique in a way that funds are determined by the service
being performed. i.e. there is no payroll expense if there are no tutoring
sessions scheduled. Therefore, there are very low start-up expenses
besides supplies needed for the interactive tutoring sessions. We have
been operational for three months now with the CEO as the active
employee. Related to her labor the annual financial summary, supplied
through PayPal, can be located in Appendix D. In order to acquire the
initial funds required for these supplies we will consider using the
following resources:
7.1.1 Scholarships/Competitions
There are numerous scholarships designed to assist the financing of
new ventures and especially small businesses. The advantage of this
type of funding is that there is no expectation of repayment. Therefore,
we are allowed to use the funds awarded to our discretion.
7.1.2 Community Leaders
Community leaders are those who strive for the betterment of their
community through acts of community service, youth outreach, and
education initiatives. We believe that these community leaders would
be interested in assisting with the financial start-up of a small company
that strives to promote self confidence and personal development in
students. We prefer that the funding provided by community leaders
would be based on donations. However, if the funds are provided as a
loan, we will treat the loan in the same formality as if it were borrowed
from a commercial lender.
7.1.3 Angel Investors
Angel Investors are typically interested in helping small start up
business grow. Their investments are motivated by profitability and
they are more willing to take on higher risks. Therefore, we will seek
this option when the need for the financing of online tutoring services
arise in the future.
2017
57,600.00
$0
2018
176,000.00
$0
$57,600.00
176,000.00
18,771.40
56,370.00
$38,828.60
119,630.00
$17,472.87
53,833.50
$21,355.73
65,796.50
$ 18,000.00
$
350.00
$
191.00
$
230.40
$
$
$
$
$
55,000.00
600.00
66.00
704.00
Profit/Loss
Income Projection
Salaries
CEO (21%)
GM (12%)
Dir. Of Tut. Serv. (12%)
2017
$8,154.01
$ 4,659.43
$ 4,659.43
$
$
$
2017
8
2
2
40
6
2
$45
2018
25,122.30
14,355.60
14,355.60
2018
20
2
2
40
%cost
0.3
0.35
15
5
$55
Enjoli Education,LLC
d/b/aAfrithmetic
Profit & LossStatement
Projected salesfor the period 1January2017to 31 December 2018
Income
Salesfromservices
Cost of GoodsSold
Total Income
2017
$ 115,200.00
$0
2018
$ 352,000.00
$0
$115,200.00
OperatingExpenses
Payroll
Supplies
Advertising
InvoicingExpense
Pilot 4 tabletsfor 5months
352,000.00
37,201.76
112,074.00
$77,998.24
239,926.00
$42,119.05
107,966.70
$35,879.19
131,959.30
$ 36,000.00
$
350.00
$
191.00
$
460.80
$199.96
Total Expenses
$ 110,000.00
$
600.00
$
66.00
$ 1,408.00
Profit/Loss
Income Projection
Salaries
CEO (21%)
GM (12%)
Dir. Of Tut. Serv. (12%)
2017
$16,379.63
$ 9,359.79
$ 16,379.63
$
$
$
2017
8
4
2
40
2018
50,384.46
28,791.12
28,791.12
2018
20
4 *2clientsonline
2
40
%cost
6
2
0.3
0.35
$45
$49.99 6GBMonth Data
15
5
$55
$35 5months
8 Appendix
Appendix A
AfrithmeticFocusGroup
Thursday, September 23, 2015
Welcome
Background
It wasrelayed to me once or twice fromdifferent educatorsthat if I reallywant to stand out in
the world of education I should come up with myown method. Myown wayto educate the less
privileged African American studentsthat will surelywork or be even the least bit effective with
little to no doubt. But how doesone formulate such asolid plan?
Afrithmetic came to me first asablogtitle for mystudyabroad experiencesthispast summer.
The blogdocumented mylife asan African American, Mathematician, and Woman hence the
name came to be as ahybrid between African American and arithmetic. But the title was so
unique and seemed to possesssome potential weight to do justice elsewhere. This is when I
started to connect some dots between myblogand what those different educatorswere
relayingto me.
Within the last few weeksI have formallydecided to get the ball rolling. I partiallyenvision
Afrithmetic to be afor (or maybe non)-profit organization assistingpredominantlyBlack middle
and high schools facilitate the curriculumin their math classes, but not in the traditional
setting. The tutoring would ideallybe hands-on, interactive, and absolutelyno teaching. This
notion is to partiallyreplicate one of mycurrent jobson campus in which we practice the same
techniques. Also, Afrithmetic would be ameansto develop other well-versed social skillsfor the
growingstudents(i.e. confidence, self-love, professionalism). But thisentire vision and
description remains arough draft for the overall organization.
Purposeof FocusGroups
Over the course of the dayI will be conductingthree different focusgroupsto help me figure
out what thisorganization can reallybe. These meetingsshall present opinions fromdifferent
people on mathematicseducation, the African American community, and how to progress both
topicspositively. I hope to collect agreat bit of information fromthese groups to better
formulate what I would want out of Afrithmeticand how othersmay perceive its marginal
utility over time. Additionally, I hope to gain some overlyinterested participants fromthese
groupsto accompanyme on thisjourneyto make an everlastingdifference for these students
who maynot know how amazingtheyare yet!
EngagementQuestions
1. What was your favorite subject duringK-12?
2. What do you notice when you hear people talk about their K-12experience?
ExplorationQuestions
3. Who in particular has influenced your decision to pursue aSTEM field?
4. What are the prosand cons of the waythe K-12 education systemworks?
5. How do you feel when told about the statisticsassociated with people who are
underrepresented in these scholastics?
6. How do you feel about yourself when you are effective with your personal studyhabits
and achieve desired resultson examsand assignments? When you dont?
ExitQuestions
7. Is there anythingelse you would like to sayabout whyyou have or have not been
successful in your academic pursuitson aregular basis?
Appendix B
CurriculumVitae
AWARDS
BlackWomen in STEAM Dr. Jedidah Isler Award
George International Scholarship
Benjamin A. Gilman International Scholarship Recipient
Georgia Tech Societyof BlackEngineersSophomore of the Year Award
Georgia Tech BlackAlumni Organization UnsungHero Award
Georgia Tech BlackAlumni Organization Scholarship
Chic-Fil-A Bowl Scholarship
G. Wayne Clough Tech Promise Scholarship
Ronald McDonald Charity House Scholarship (Greater AtlantaArea)
February2016
June 2015 August 2015
May 2015
April 2014
March 2014
August 2012 Present
August 2012 Present
August 2012 -- Present
August 2012 May 2013
January 2016
March 2015
January 2015
October 2014
August 2014
January 2014
August 2013
MEMBERSHIPS
Pi Mu Epsilon National Math Honor Society
National Societyof BlackEngineers(NSBE)
Societyfor Advancement of Hispanics/Chicanos and Native Americans in Science (SACNAS)
PublicSpeakingClub
Student Alumni Association
MEDIA
Chic-Fil-A Peach Bowl Scholarship Representative
Premiered on ESPN January2013:
http://www.youtube.com/watch?v=jWQj7A_AgXQ&feature=youtu.be
2013
2013
2014
OBJECTIVE
ToobtaintheGeneralManagerpositionatAfrithmeticTutoring.
EDUCATION
GeorgiaStateUniversity,J.MackRobinsonCollegeofBusiness,Atlanta,GA
BBA,ManagerialSciences,Concentration:HumanResourceManagement,December2016
OverallGPA:3.70
RelatedCourses:HumanResourcesSelection,HumanResourcesManagement,Legal
EnvironmentofHumanResources,PerspectivesoftheHospitalityIndustry,HospitalityLaw
Foundation1AdmissionsScholarship
DeansList(AllSemesters)
ActivememberintheSHRMGSU,SHRMAtlanta,andSHRMNationalChapters
SKILLS
Language:Bilingual,fluentinEnglishandVietnamese
Software:ProficientwithPeopleSoftbyOracle,TGCbyTaleo,ADP,PaychexPayrollService,
Hodes,Lawson,I9Authorization&PointofSaleSystem
Specialty:Recruitment,Interviewing,Training,andDataAnalytics
PROFESSIONALEXPERIENCE
WellstarHealthSystems,Marietta&Austell,GA02/2016Present
TalentAcquisitionIntern
OnboardnewhiresafterrecruitmentactionsarecompletefromtheTalentAcquisition
Consultant
Assemblenewhirefilesandverifyrequiredinformation(appropriatelicensureand
certification)iscompiled
Schedulecandidateinterviewsandnewhirepreemploymenthealthappointments
Verify,assess,andfiledrugscreenandbackgroundresults
Processadverseactiondocumentation,asneeded
AttendNewEmployeeOrientationandPreEmploymentHealthAppointmentstoassist
withcheckinandHRnewhirepaperworktable
GeorgiaDepartmentofTransportation,Atlanta,GA06/2015Present
HumanResourceIntern
WorkunderdirectsupervisionofHRmanagertodevelopandexecuterecruitingplans
PrescreenapplicantsthroughtheStateofGeorgiarecruitingsite:TGC(TeamGeorgia
Careers)poweredbyOracle
Managedapplicantsthroughinterviewselectionprocess(includingbutnotlimitedto
criminalhistoryrecordchecks,employeereferencecheck,andselectionratingguides.)
Attendedandcoordinateduniversitycareerfairevents
Jobdescriptionandqualificationdevelopment
ProcessemployeeePerformanceevaluationforvariousspecialprojectssuchasretention
initiativeandhighperformanceincrease
Analyzedemployeeexitandstayinterviews
AssistwithvariousHRrelatedprojectswithinthedepartment,asneeded
SmoothieKing,Hapeville,GA02/2011to05/2015
StoreManager(20132015)
Recruit,interviewandhireforhourlyandsalariedassociates
MonitoredanddevelopedpayrollplansbyusingADPandPaychex
Analyzedweekly/monthlyfinancialreportsforaccuracyandimplementstrategiesfor
salesgrowthusingExcel
Issuedappropriatecounselinganddisciplinaryactiontothoseassociateswhofailedto
meetperformancestandards
Ensuredcompliancetoallguidelinesinvolvedwithsafety,lossprevention,andcash
handlingprocedures
Achievements
Implementedongoingincentiveprogramforteammembersthroughsales
Consistentpositivefeedbackthroughcustomerserviceonlinesurveyprogram
Objective
Education
Positions Held
2012-2013
2014-2015
2013-2015
2015
2013-2015
2013-2014
2012
English Department
References
Fields of Interest
Additional Skills
-Conversational in Spanish
Appendix C
Appendix D
8.1.1.1
Bibliography
The Nation's Report Card. 2015 Mathematics Trial Urban District Snapshot
Report. Report. N/A: National Assessment of Educational Progress
(NAEP), 2015.
Trammel, Joel. "Lead From the Top: 5 Core Responsibilities of a CEO."
Entrepreneur (2014): 1.
Vanduzer, Todd. "How much does tutoring cost?" 20 January 2016.
STUDENTTUTOR. 19 February 2016. <http://studenttutor.com/blog/how-much-does-tutoring-cost/>.