VISION: To develop the passion and skills of students to succeed in the marketplace and life so they are productive members of society who make their lives and the lives of others better. To achieve this vision we:
- Stimulate economic thinking skills
- Encourage creative, intelligent risk-taking
- Provide practical business experience, and
- Instill independence and personal responsibility
MISSION: To equip young entrepreneurs through engagement, training, mentoring and community partnerships.
GOALS:
- Provide the knowledge needed to start and maintain a business
- Help students understand how to apply that knowledge and succeed
- Provide the resources and opportunity to become a registered business owner
STUDENT OUTCOME: The program is designed for middle and high school students who want to explore the world of business. Students receive practical, hands-on training from business advisors and local business leaders. If completed properly, student will have a registered business.
Y.E.P. Application -
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Spot Reservation $100 Due ASAP
Deadline for complete Application Packet is Dec 1 by 5 p.m. at the Cedar Hill Chamber Office, 300 W. Houston Street, Historic Downtown Cedar Hill.
Youth Entrepreneurs will be chosen and notified by Dec 5. Only 24 will be accepted.
Final payment of $175 is due by Dec 15 to receive $20 discount or payment of $195 is due by Dec 22.
PROGRAM DETAILS
CUSTOMIZED PROGRAM BASED ON COURSE MODEL: Launching a New Business by Northwood University
TIME AND LOCATION FOR THE CLASS:
- Afterschool non-credit course meeting Tuesdays from 4:30 pm to 7:30 pm from Jan ? May
- Jan 13, 20, 27
- Feb 3, 10, 17, 24
- Mar 3, 17, 24, 31
- * skipping 10th ? Spring Break
- Apr 7, 14, 21, 28
- May 5, 12, 19
- Students are urged to work their business through the summer and are invited to participate in the Taste of CH and Business Expo in Sept 2015
- Classes will be held at Northwood University in the Swallwell Student Union which provides access to a computer lab, and larger spaces for the Investor Panel Event, the CEO Roundtable, and other events that take place.
- Field Trips are scheduled and transportation will be provided.
PARTNERSHIP LEADERS INCLUDE:
- Amber Hatley will serve as Program Champion to ensure the community, investors and entrepreneurs have an incredible experience.
- Amanda Skinner will serve as Program Manager to ensure the smooth operation of the program, or identify a small team and divide up various responsibilities.
- Steve Hendon will serve as Curriculum Chair along with several other Instructors.
VOLUNTEERS NEEDED:
- Guest Speakers
- Investors
- Mentors
- Web Developers
- Graphic Designers
- Business Plan Reviewers
CURRICULUM:
- Entrepreneurs and the Business Plan
What Is an Entrepreneur?, Business Ethics, Overview of the Business Plan, Identifying Innovative Business Concepts, Overview of Business Careers, Entrepreneur, Manager or Technician, Concepts to Know, Business Plan Issues
Purpose of the Opportunity Analysis, Market Research, Industry and Customer Analysis, Competitor Analysis, Sources of industry, Customer and Competitor Information, Market Segmentation, Defining a Target Market, Perceptions and Needs of the Target Market, Careers in Market Research and Analysis, Preparing for Team Meetings, Concepts to Know
Purpose of the Organization Plan, Company Name and Vision, Forms of Ownership, Days and Hours of Operation, Outsourcing, Staffing, Management Team Organizational Chart, Employee Compensation, Choosing a Location, Space Requirements and Leasing, Equipment, Leased-Space Improvements and Web Site Costs, Leasing Versus Purchasing Equipment, Floor Plan, Careers in Operations, Human Resources and Computer Information Systems
Purpose of the Marketing Plan, Product, Service or Store Strategy, Pricing Strategy, Distribution Strategy, Forms of Promotion, Selling Strategy, Advertising Strategy, Publicity Strategy, Sales Promotion Strategy, Future Growth Strategies, Sales Forecast, Careers in Marketing
Purpose of the Financial Plan, Income Statement, Cash Flow Projection Statement, Start-up Capital Requirements, Sources of Start-up Capital, Repayment Plan, Balance Sheet, Careers in Accounting and Finance
- Written Business Plan and Oral Presentation
Purpose and Overview of the Business Plan, Executive Summary, Sections in the Written Business Plan, Written Plan Checklist, Sections In the Oral Presentation, Visual Aids for the Oral Presentation, Oral Presentation Checklist, Non Disclosure Agreement, Preparing for a Career
- Business Etiquette and Attire