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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 OperationsSpace available or lease space?Inventory/supplies/equipment costs?Other needs that cost?
BudgetStart-up funding sources?Start-up budget?Operating budget?Accounting System?
MarketingHow/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 $12.50Millstone cups 1500 $38.75Millstone lids 2000 $12.60Stir sticks 2000 $2.25Powdered cream can 2 $1.05Sugar canisters 2 $1.30Cocco 50 per box $9.50Lipton tea 100 per box $5.00Earl or Green tea 20 per box $3.95Spiced cider 50 per box $7.501 Whip cream 15 oz $2.35Halh and Half 70 cups $1.65Chocolate syrup 7 ils $6.29Carmel syrup 4lbs $4.99Marshmellows 1 bag $1.50Sprinkles 23 oz $5.99Napkins 400 napkins $2.49Sugar 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.
CurrentlyWe 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 SchoolThe 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’ssummer 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 LogoSchool Store Logo
Ready for Customers!!!
Taking InventoryTaking 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 THEENTREPRENEUR
SHIP!• ENGAGING• EXCITING• EFFECTIVE• ENTICING• EXPLORE• ENTHUSIASM• EAGERNESS• ENTERTAINING• EFFORT• ENJOYABLE
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