BUSINESS


The SFL will be...

      - Creating Business Plans

      - Incorporating Businesses

      - Assist with Execution and Marketing


Focusing on...

​       - Discover and Develop Talents

       - Creating Realistic Business Plans 

       - Simple and Effective Methods to Creating Income




Marketing 
Packaging
Pricing 

Advertising
Promotions
Events
Word of mouth
PR

Local press

Financing and business 

Borrow from banks, family, friends
Earning money from odd jobs
Using and attracting investors
Budgeting
Money Management – Savings vs spending, cash flow
Accounting, Taxes and Business law
M & A / Franchising and partnerships

This will be the bread and butter of the program!!


Creating income while in school, serving a sentence or during the summer months can make a world of difference to the youths and their families!!


​What you love vs what you are really good at!

Developing a REALISTIC business plan - The more thought and detail in a plan, the better chance of success


Developing the product/service

what, who, when, where, how


Research
Brand/Image  and naming a business 
Location/Operations  

Using internet, local communities, newspapers, social media
How to operate and profit (online sales, retail, door to door)
When to start, what days/hours to operate, how long to try
Distribution, supplies, quality, safety, security

Short term vs Long term
Starting a business solo vs groups/partners

Getting ideas 

Gross vs Net, Supply vs Demand
Asking questions and recognizing local opportunities and resources

Power of search engines

Competition 


 Student Finance League