Business Plan for a Trade School
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 explore what their capabilities are through learning a trade. This trade school is the only one of its kind in this county, we want to offer a variety of skill sets to the students without them having to travel far or live elsewhere. We feel that instead of the undue stress that can wreak havoc on these young adults and their families as to what to do after high school if they are not ready to attend an academic college or university, why not offer them an option of a skill that will enable them to make money and be a prelude to an academic school. Currently, what I am seeing with these young adults that are stuck on what do to with their lives, is a huge increase in drug use, crime and horrifically death. II. Description of the business Our school would offer barrage of choices from traditional trades for the students that are good with their hands should definitely consider a skilled trade such as plumbing, electrical work, carpentry, welding, and mechanical repair. Additionally, we would offer automotive repair and service certifications, as our vehicles become more complicated and there are more and more commuters in this region, this is a great avenue to consider getting certified in. Our automobiles are not the only
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 explore what their capabilities are through learning a trade. This trade school is the only one of its kind in this county, we want to offer a variety of skill sets to the students without them having to travel far or live elsewhere. We feel that instead of the undue stress that can wreak havoc on these young adults and their families as to what to do after high school if they are not ready to attend an academic college or university, why not offer them an option of a skill that will enable them to make money and be a prelude to an academic school. Currently, what I am seeing with these young adults that are stuck on what do to with their lives, is a huge increase in drug use, crime and horrifically death. II. Description of the business Our school would offer barrage of choices from traditional trades for the students that are good with their hands should definitely consider a skilled trade such as plumbing, electrical work, carpentry, welding, and mechanical repair. Additionally, we would offer automotive repair and service certifications, as our vehicles become more complicated and there are more and more commuters in this region, this is a great avenue to consider getting certified in. Our automobiles are not the only
References: Cohen, Gail (nd). How to Open a Trade School. Retrieved from the Internet website www.ehow.com at http://www.ehow.com/how_4829389_open-trade-school.html Anonymous (January 2012). Vocational Education--Basic Grants to States. Ed.gov. Retrieved from the Internet website http://www2.ed.gov/programs/ctesbg/index.html Kuratko, D. F., & Hornsby, J. S. (2009). New Venture Management the Entrepreneur’s Roadmap. Upper Saddle River, NJ: Pearson Education, Inc Zimmerer, T.W., Scarborough, N.M. & Wilson, D. (2008). Essentials of Entrepreneurship and Small Business Management (5th Ed.). Upper Saddle River, NJ: Pearson Education.