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Ignatian Business Leaders (IBL)

Ignatian Business Leaders (IBL). - DeSmet’s Student-Run Corporation. Mission Statement.

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Ignatian Business Leaders (IBL)

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  1. Ignatian Business Leaders (IBL) - DeSmet’s Student-Run Corporation

  2. Mission Statement The Ignatian Business Leaders (IBL) is a student-run organization that actively seeks to cultivate an environment of business interaction while using all of its earnings to provide for a better student atmosphere during after-school hours.

  3. Our Business The IBL will be in the following businesses: • A Shirt/Tie Rental • A Lunchtime Change into Cash Program • Reselling and Wholesaling Literature Books • Reselling and Wholesaling Outdated Textbooks

  4. Retained Earnings 50% of IBL’s Profits will go into making De Smet a better place after school Buying things like foosball tables, ping pong tables, and so on. Dividends The other 50% will go back to the shareholders in the form of dividends For every $100 the IBL makes, each share gets $.025 in dividend Profit Distribution

  5. Start-Up Capital • We will be selling 2000 shares of IBL stock, with an initial public offering (IPO) at $1 a share • In just over a week’s time, we have already sold nearly 1500 shares! • We are visiting you today because we want to offer you a chance to buy some stock before we sell out…

  6. Start-Up Capital • More details about purchasing stock were emailed to you recently. • IPO Prospectus • Stock Order Form • We encourage all of you to considering buying $1 to $10 worth of stock • All order forms must be turned in by Wednesday at 8 AM in room 303

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