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Entrepreneurship

Basic Business Plan

Description of the Business


Name?
Product/Service offered?
Logo/Slogan?

Product/Service
How will it be different or better?
How will it be made or provided?

Price
What price and how decided?
Consider break-even costs?
Promotion
Who will the customers be?
How to keep the customers satisfied?

Place
Business Location?
Accessibility?
Hours of Operation?

Competition
Who are your competitors?
What are their strengths and weaknesses?
What will your strengths be?

Management/Operations
Establish Leadership Team?
Identify roles?
Cost of Operations
Space available or lease space?
Inventory/supplies/equipment costs?
Other needs that cost?

Budget
Start-up funding sources?
Start-up budget?
Operating budget?
Accounting System?

Marketing
How/where to advertise?
How to target customers?
Promotional incentives for customers?
Critical Risks
Identify threats to business?
Plan to deal with threats?

Plans for Proceeds


Percentage reinvested in business?
Plan for remainder of profits?

Future Plans for Business


Scenes from
ENTREPRENEURSHIP
at Marine City High School
Mariner’s Cafe
Before We Sold Coffee
Mrs. Wolfe’s English classes participated in
a WebQuest to develop a coffee shop
business plan.

COFFEE ANYONE?
A Webquest to Simulate Setting Up a Coffee Shop
Before We Sold Coffee
• Grants were written for equipment
purchases.
• Speakers came to discuss different coffee
options.
• Students were surveyed to find out their
coffee preferences.
Before We Sold Coffee
Students went on a field trip to view
different coffee shops.
Supplies Quantity Price

Millstone Coffee cups 25 cups $12.50


Millstone cups 1500 $38.75
Millstone lids 2000 $12.60
Stir sticks 2000 $2.25
Powdered cream can 2 $1.05
Sugar canisters 2 $1.30
Cocco 50 per box $9.50
Lipton tea 100 per box $5.00
Earl or Green tea 20 per box $3.95
Spiced cider 50 per box $7.50
1 Whip cream 15 oz $2.35
Halh and Half 70 cups $1.65
Chocolate syrup 7 ils $6.29
Carmel syrup 4lbs $4.99
Marshmellows 1 bag $1.50
Sprinkles 23 oz $5.99
Napkins 400 napkins $2.49
Sugar 140 servings $2.99

TOTAL $122.65
Mike, Kateri, and Kristina
making coffee.
Mike helping a customer select a
flavor of coffee.
Awards
• Students attended an Appreciation Day field
trip and received the Mouse Trap Award.
Currently
We have expanded our selection and bought
a Granita (slurpee) machine.
This Year…
Last year the Mariners Café was located in the
Student Activities Center. Now we have our own
room to sell coffee in.
Scenes from
ENTREPRENEURSHIP
at Marysville High School
Marysville Balloon Gallery
Putting up the sign…
Balloon Options….
Making a Sale
Teamwork!
Scenes from
ENTREPRENEURSHIP
at St.Clair High School
St. Clair High School
The Hallway Card shop
The First Year

Seven students in our emi class made a


presentation to the “bankers” to “apply”
for a loan to start the Hallway card shop.
A community business made and donated
our store sign to us.
Year Two

One of our student council projects is to


give each student a card on their birthday.
(1,000 kids)
The newer students in our class, The
(freshmen & sophomores), did a presentation
to the student council leadership class and we
became “business partners”.

They purchase the cards from the hallway


card shop now.
The principal donates the card stock, so our
main ongoing expenses are for print
cartridges and envelopes.

The second year the card shop made


approximately $400.00 profit. most went
into the business. the students got a small
pay check.
Being part of the hallway card shop has allowed
students to travel and do two presentations, at TSP’s
summer institute and this past spring, in
Frankenmuth at the Michigan Transition Services
Association Conference.

Thank-you!
Scenes from
ENTREPRENEURSHIP
at Algonac High School
School Store Logo
Ready for Customers!!!
Taking Inventory
Lunchtime Business
Improved Grades and Attendance
Grade Point Average Attendance
Student #1 01-02 School Year 1.1 21 absences
02-03 School Year 2.2 0 absences
Student#2 01-02 School Year 1.7 18 absences
02-03 School Year 2.1 10 absences
Fewer Behavior Problems
Increased Self-Esteem
Increased Acceptance by General Ed Peers
Fewer Dropouts
Future Plans for
Entrepreneurships

Continually Modify Businesses


Young Entrepreneurs Conference
Highlander Sea Project
The POTENTIAL is endless…

and the RESULTS keep kids in


school and motivated while
learning real life skills….
GET ON BOARD THE
ENTREPRENEUR
SHIP! • ENGAGING
• EXCITING
• EFFECTIVE
• ENTICING
• EXPLORE
• ENTHUSIASM
• EAGERNESS
• ENTERTAINING
• EFFORT
• ENJOYABLE

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