The SFL will be...
- Creating Business Plans
- Incorporating Businesses
- Assist with Execution and Marketing
- Discover and Develop Talents
- Creating Realistic Business Plans
- Simple and Effective Methods to Creating Income
Word of mouth
Financing and business
Borrow from banks, family, friends
Earning money from odd jobs
Using and attracting investors
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
Brand/Image and naming a business
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
Gross vs Net, Supply vs Demand
Asking questions and recognizing local opportunities and resources
Power of search engines
Student Finance League