BUS 435
Business Plan for a Opening a Trade School
Table of Contents
I. Executive Summary 3
II. Description of the business 4
III. Marketing 5
IV. Research, design, and development 9
V. Operations segment 10
VI. Management 12
VII. Financial forcasting 14
VIII. Harvest strategy 16
I. Executive Summary This business plan is to open a door for young adults that want to learn a trade and earn their way in life. Not all high school aged students are eager to go onto a college or a university and this can be for many reasons: perhaps they are not ready to leave home; cannot afford; they are academically challenged; not sure what they want to major in; the list can go on and on. My wish for these young adults is for them to
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After obtaining the data, analyzing it and working through my reports; the next step which is just as important is the immediate follow up with each interested party. Following up on leads when they are warm is essential when the topic is fresh in memory. "After these new data are obtained, the owner/manager must know how to objectively arrange, analyze, and interpret them to draw valuable conclusions," (Kuratko & Hornsby, 2009, p 137). Also offering a survey online on our website would be another way to conduct it. This can be done without costing a bundle by getting in touch with a graphics design student and hiring him/her to set up a our website that prospective students can go to and do the survey as well as learn about our school and all it has to offer. By conducting a survey sample to a small group of potential students it enabled us to gain insight as to what areas students were interested in getting their education in and if they were open to receiving knowledge of a trade school as an option for said interest. A request to participate in the survey was emailed to 5 individuals. The survey posed four questions to these recipients, as listed below.
1) What are your plans after you graduate? A. Attend community college B. Attend a university C. Work D. Other __________________
2) What career interests you and why? ______________________
3) Are you interested in learning about our local trade school and what we offer our
As a Professional Tennis Coach I want my students to be the best they can be in tennis, i use that mentality to try their hardest in everything they do. I also want to create future tennis pro’s, by training them everyday they can develop their game to get at least a college scholarship.
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6) Prepare the survey for analysis. Set up the code sheet for this study. How will this study be set up to be tabulated by a statistical analysis program like SPSS?
Because of the substantial need for industries to obtain and maintain skilled workers, the community college system is pursuing strategies to help employers attract the preferred worker. This is done through education, training, management counseling, and other initiatives (Rockefeller Institute of Government, 2010).
On the wake of the current economical crisis, career options seem bleak for college graduates who get stressed after spending large amounts of money on college to obtain a degree and discover that their efforts won’t lead them far, it’s especially a problem for the students who have taken loans to study in colleges. Such situations don’t bode well for students who wish to have a stable career which is why students have now rapidly begun taking up trade schools to help establish their career. Most of these colleges teach work specific skill sets to students and in most cases there’s a job waiting for the students at the end of studies.
I enrolled in the St. Louis Job Corps program. Now I’m working on my high school diploma and getting a trade. I should be completely done with both trade and HSD in May. I’m looking to go directly into the Cement Union so that I can become a concrete finisher. If I stayed in high school and completed who’s to say if I would have went to college. I feel college is not the right choice for me because I prefer a direct path from learning to job success. Programs like Job Corps and trade schools offer an excellent alternative to college. These programs focus on the real skills you need to succeed in certain trades like plumbing, electrical, carpentry, and other union and non-union
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