1 / 17

Allegany College of Maryland: A Business Opportunity

Allegany College of Maryland: A Business Opportunity. Luke Georges, Nicole Trevisani, Jared Gangloff, Kelli Herr. Table of Contents. Recognize the opportunity/define the problem space Specifications Brainstorm Ideas Evaluate Ideas Analysis Components of the business plan Appendix .

rosa
Download Presentation

Allegany College of Maryland: A Business Opportunity

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Allegany College of Maryland: A Business Opportunity Luke Georges, Nicole Trevisani, Jared Gangloff, Kelli Herr

  2. Table of Contents • Recognize the opportunity/define the problem space • Specifications • Brainstorm Ideas • Evaluate Ideas • Analysis • Components of the business plan • Appendix

  3. There is an opportunity to create an economically sustainable business on the campus of ACM. Available Land

  4. The local people wanted an affordable educational experience.

  5. A non-profit corporation is most applicable to our overall mission. NP: Non-Profit Corporation LLC: Limited Liability Corporation Score

  6. For this opportunity asuccessful business is one that satisfies all specifications. Pairwise Score

  7. A course which allows students to create future exhibits will be offered at ACM

  8. Customers need affordable options. • When a customer visits two tech exhibits, they can visit a third free of charge. • Customer visits must be on either different days or different locations.

  9. Financial Projections • At a price of $10 per ticket, we need an average of 175 people per day to pay off our annual operational cost • Customers expected per day: 200 • $250 profit per day

  10. SAIN will break even after 1.53 years.

  11. After breaking even, profits will go towards economic and social sustainability. 1/3 2/3

  12. As a nonprofit corporation we aim to generate economic growth in the ACM region.

  13. Appendix: Concept Screening

  14. Appendix: Pairwise Comparison

  15. Appendix: Concept Scoring

  16. Appendix: Gantt Chart

  17. Appendix: Different Types of Businesses • http://bls.dor.wa.gov/ownershipstructures.aspx

More Related