school enterprise challenge business idea template · web viewour school, ahlcon international is...
TRANSCRIPT
AHLCON INTERNATIONAL SCHOOL –DELHI , INDIASCHOOLNAME ,COUNTRY
BUSINESS IDEA MEHAK BATTA, PARIDHI PURI, ISHA GUPTA, RIYA ANAND, SHREYANSH AGARWAL, EKTA SINGH
Written bySTUDENT 1 , STUDENT 2 , STUDENT 3 , STUDENT 4 , STUDENT 5 , STUDENT 6
NEELAM GUPTALEADTEACHER
CREATED AS PART OF THE SCHOOL ENTERPRISE CHALLENGE AWARDS PROGRAMME – SILVER LEVEL
Section A: Our Business Details
Business NameCandles and Cakes
Business ActivityReuse and Recycle
No. of students involved in business idea activities (including writing this Business Idea)
Boys 80 Girls 60 Total 140
Section B: Our School
1. To help you understand our school business better, we will briefly describe our school (e.g. age of the students; location; environment).
Our school, Ahlcon International is situated in the suburbs of Mayur Vihar in East Delhi, in a thickly populated area of people and plants alike. It continues to claim its position as one of the best school of Delhi NCR, due to its kinship over multifaceted areas of excellence.
The students belonging, to classes Nursery-12th are between the ages of 4-18. These 2500 students with their young minds and impactful zeal have always contributed to the growth of Ahlcon.
The environment of the school is inhabited by various trees and plants, which are looked after by our school gardener. The students also actively take part in cultivating them, and spend quite a lot of time researching about them.
Our school staff consists of 135 teachers and includes 60 members of support staff who cater to the needs of Primary, Middle and Senior Section.
Section C: Our School Business Experience
2. Here is a brief description of the school business we ran before/are currently running, including the products/services we sold/are selling.
Our school is continuing with our successful business enterprise, Candle and Cakes, since its inception in 2013-14. It includes various activities:
1SILVER Business Idea Template 2017. ©Teach A Man To Fish
A wide assortment of products and articles are sold, consisting of cards, photo frames, cakes and brownies, which are developed by the school staff and students.
Paper bags are made from the recycled paper available from our School Recycling unit, which utilizes the waste paper consumed in classrooms and offices.
Envelopes and packaging material are fashioned from cast-off milk cartons. Tailor-made flower bouquets and plant samplings are constructed from home grown variety of flowers
that are plucked in front of the customers from the small patch of land within the school premises. They are sold in used Pet bottle vases made by our creative team.
We sold clay artifacts prepared by our art and craft students which display their creative abilities and critical analysis of the market.
Students also contribute in raising discarded material, which are further employed in the making of wall hangings, pictures and artwork.
Section D: Our Resources
3. Considering our school’s physical resources, skills and location, these are the resources available at our school we can use to develop our business:
PHYSICAL RESOURCESa. Paper bins are maintained at every corner of the school premises, including in every classroom, which
helps us collect the waste paper.b. The copious amount of waste paper amassed is recycled to make handmade sheets, new sheets of paper
for its employability by the school staff and students for other activities.c. While the school ground is covered with a wide variety of plants, a patch of land has also been cultivated
for growing saplings and flowers for our sales.d. We have two full-size rooms dedicated to sculpture and artistic talents of our students, which have given
rise to many of our products like paintings, cards, gift packing material and clay artefacts.e. A school confectionary is located in the campus, for teaching cooking to interested students. A lot of
eatables like cakes and brownies are also developed here.
SKILLSa. Students have cultivated their interests in various arenas of excellence, such as critical thinking, business
administration, art and craft as well as event management. They promote the school enterprise by creating our goods as well as effectively co-ordinating our sales and revenue.
b. Our teachers have also been significant in the success of this initiative, as they have guided and mentored students with their vast knowledge and experience in the field of commerce and business.
LOCATION
Within half a kilometre from our school, there is an educational centre for differently-abled students where we can conduct our workshops. This has surely made a difference in their lives and made them self-dependent.Our school is located in a thickly populated residential area and nearby community members are our customers.Various institutions, like other schools and information centres are located near our school, with whom we can collaborate to spread our idea.
Section E: Brainstorming Business Ideas
4. a) These are the five business ideas we thought of when brainstorming new idea or a way of diversifying or growing the existing one:
2SILVER Business Idea Template 2017. ©Teach A Man To Fish
We aim to begin an initiative focussing on the estranged senior citizens who live away from their families in old age homes and orphanages. We plan to set up a business, where our volunteers spend time with senior citizens and our customers will be their adult children who feel guilty that they are too busy with their lives to spend time with their parents. We will name this service as Befriend - Be a Friend.
Our second business idea consists of collecting books donated by our School students which we plan to further sell to needy students in our market area at discounted prices. This will save paper and will also assist those people who can’t afford to purchase new books. This can also be a part of Befriend - Be a Friend.
Our school has a host of brilliant writers, who can form an association and volunteer as content writers for various interested firms and companies, in return they will be remunerated.
Our school’s Financial Literacy Club has a group of enthusiastic students who are willing to give workshops across schools. They will be paid by the hosting school in return.
We also can provide a platform for talented painters, photographers, musicians by holding shows for them.
b) The business we chose for our Silver Award is: ____ Befriend - Be a Friend_ ________
And these are 3 reasons why we chose this idea:
Our main reason to go for this idea was to solve the problems our senior people face. Spending time with a young person who will play memory games with them, will help them regain their losing memory and rejuvenate them.
This initiative targets at the moral upbringing of our generation, which often doesn’t spend quality time with their old parents. We desire to bring a change in the lives of these senior citizens, by spending time with them.
Another reason we aim to build this project is to help the young volunteers understand the necessity of frequenting their old grandparents they are estranged from. This will bring a positive impact on their mind set and temperament.
Our final Business Idea will be sustainable and have a positive impact on the environment and our community because:
We are trying to make our school Business a social enterpriseOur business enterprise will have a positive influence on our community and environment in various ways:
We want to inspire a generation of young people to become socially and environmentally responsible entrepreneurs – to understand the necessity of community service, and the vitality of volunteering to transform our society in some ways.
Our business idea, will aid the life of senior citizens to improve considerably, as they will get the opportunity to spend time and resources with children of our age.
The interaction among two sets of generations and various families will help bridge the gap against the changing times, and will help the two sets of individuals to inculcate the values of understanding, generosity, care and affection for the society.
Our Recycling of books will considerably decrease the consumption of paper, which will have a sustainable impact on our environment, as it will help save trees.
Our book selling activity will help those people who cannot afford new books. We also plan to donate these books to children of our support staff.
3SILVER Business Idea Template 2017. ©Teach A Man To Fish
A part of our profit also goes to distribute school uniform and bags to these children.
Section F: Financing our growth and development
5. Here is a description of how we are planning to finance our business, including how we are going to raise the money needed for our school business.
At the end of the accounting period 2016-2017, we were able to generate a profit of ₹1,76,500 out of which -₹15,000 were proposed as dividend (as decided by the board) -₹25,000 were donated as per the motive of our school enterprise.
There is not much cost involved in our new business idea as we will start with services of volunteers and donated books. Once we start getting good response then we would start paying our volunteers. Even after the donations and dividend we were still left with a profit of ₹1,36, 500. So we decided to utilise this profit and capital of the enterprise for meeting the cost of our new business idea.
In case we require more funds, we would be organising fund raising events motivate people to invest in our business idea.
4SILVER Business Idea Template 2017. ©Teach A Man To Fish
Section G: Appendix Please find in this space our completed Resource Assessment template, our Feasibility Study template and3 photos (when possible) that clearly show our involvement as students in business idea activities.
Students brainstorming the business idea
Donated Profits of the School Business to children of ouSupport Staff
5SILVER Business Idea Template 2017. ©Teach A Man To Fish
Artefacts made by our student artists
TEMPLATE B: SERVICE FEASIBILITY STUDY If you are going to sell a service: YES NO If NO, how can you overcome it?
1. Would most consumers consider the service useful, (i.e. can a large number of people use it)?
√
2. Would the service have a repeat √
6SILVER Business Idea Template 2017. ©Teach A Man To Fish
demand, (i.e. could people buy it more than once)? 3. Will this service be in demand all year round?
√
4. Would the service be risk free for you and the consumer?
√ The service can’t be risk free, as the quality of methods of delivery is judged by the consumers. We hope to improve considerably by taking in valuable feedback of our customers.
5. Do you have easy access to the necessary materials for the service?
√
6. Is the service quick and easy to supply? √ No, it is not quick and easy to supply, as it involves considerable degree of resources and time employed by the volunteers. However, we plan to expand our base pooling in more volunteers, so that our services reach more people quickly.
7. Could most people in your company be involved in offering the service?
√
8. Will you be able to sell this service at a price that will cover the costs of providing it and still generate a profit?
√
9. Does this service have a low start-up cost?
√
10. Does providing the service have educational value for the students?
√
RESOURCE ASSESSMENT TEMPLATE
Does your school have any natural YES NO If YES, please give detailsresources?Water ✓ Water dispensers are available on every part of the school.
Land or farmland ✓ A small patch of land within the school
Anything else e.g. beach, palm-trees, ✓orchardDoes your school have any physical Yes No If YES, please give details
resources?
7SILVER Business Idea Template 2017. ©Teach A Man To Fish
Rubbish that can be recycled ✓ We have waste paper which can be recycled.
Machinery or equipment ✓ We have a paper recycling machine.e.g. a paper recycling machineBuildings e.g. school hall School hall
Electricity or a generator ✓ Electricity supply is present 24X7
Internet ✓ Well connected networks
Computers ✓IT Lab facility is available and students can use the resources to get information.
Printer ✓ IT Lab also has printer facility.
Anything else e.g. sewing machine, ✓motorbike
Is the location of your school…. Yes No If YES, please give details
Near a big town or city ✓It is in the capital of the country and has the facilities like Metro, parking, etc.
Near a Tourist Attraction e.g. Safari Park ✓ An educational centre for differently-abled students
Near industry e.g. a textile mill ✓In an area with fertile land ✓Anything else e.g. near a market ✓Are there students in your team Yes No If YES, please give details
with…..?
Arts, Crafts or Tailoring Skills ✓Many students are talented in arts and making clay artefacts in our school who perform at various levels.
Computer, Internet or Media skills ✓We have students who are tech-savvy and also know how to write blog posts, articles for magazines, etc.
Farming or Cooking skills ✓We have culinary skills especially focusing on cakes, chocolates etc.
Maths and accounting skills ✓ Many students have strong accounting and maths skills
Sports skills ✓
Music or Dance skills ✓Students know how to play instruments like piano, guitar, drums, etc..
Language or Teaching skills ✓Some of the students have excellent writing skills and also publish articles and poem in the newspaper and the School Magazine,
Anything else Every student in our group is a critical thinker.
Are there students in your team Yes No If YES, please give details
who know how to….?Undertake Market Research ✓ Students know how to take online surveys, present graphs etc.
©Teach A Man To Fish Page | 3
Keep good accounting records ✓ They can maintain the books of accounts. Write a Business Plan ✓ They can write a business plan in a step-by-step approach.
8
SILVER Business Idea Template 2017. ©Teach A Man To [email protected]
Calculate our Net and Gross Profit ✓ They know how to calculate net and gross profits
Write a Financial Plan ✓ They have Accountancy as a subject, so they can write a Financial plan.
Are there students in your team who Yes No If YES, please give detailsfeel they are….?
Good at meeting new people ✓ They are good at developing networks and have social skills necessary for the business to grow.
(networking)
Good at listening to other people ✓ They take suggestions from every person and motivate each other for the best results.
(teamwork)
Good at finding solutions to problems ✓ They can tackle almost any problem which comes in front of them and find solutions by brainstorming.
(resilience)
An organized person who always finishes ✓ We have students who are very regular in doing tasks which they submit before the deadline. They can do huge amounts of work in very less time.
their school work (time management)
Good at talking to new people ✓
They are also good at introducing themselves in a memorable way by developing strong connection with people through communication.
(communication)
Good at understanding other peoples’ ✓They are also very alert and always find ways as to how they can solve problems of others which means they have the entrepreneurial mindset.
problems (empathy)
CONGRATULATIONS on coming up with a Business Idea! Submit NOW!
Remember to submit your completed business idea to the School Enterprise Challenge Awards Programme by logging in to your account at: www.schoolenterprisechallenge.org/login
9SILVER Business Idea Template 2017. ©Teach A Man To Fish
10SILVER Business Idea Template 2017. ©Teach A Man To Fish