Jake`s Business Plan

Report
Business Plan Seminar
Virtual Enterprise
Business Plan
Competition
Source Coordinator:
Jacob Stuebbe
W.I.N. (What’s Important Now)

Find one Business Plan Coach
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Recruit students late winter & early spring
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Search for a great mix (chemistry is key)
Employees choose business – * crucial buy
in
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
Experience & Time
Revaluate year end – keep company name or
not?
Partner with businesses within Industry
–
Set up exchange visits (i.e. Best Buy trains
L.E.O.
Love Each Other
T.E.O.
Trust Each Other
H.E.O.
Help Each Other
R.E.O.
Respect Each Other
D.T.R.T.
Do The Right Thing
Time Factor

Willingness to commit
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Start Up business
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0 Week & Summer Leadership meetings
3 hour after school practices (1 time per week)
First year takes most time – birth of an idea
3 Phases (Local, State, & National)
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Phase 1 – *25 hours (23 written, 2 oral)
Phase 2 – *50 hours (35 written, 15 oral)
Phase 3 – *75 hours (25 written, 50 oral)
Attention to Detail

Stick to the rubric
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
Watch written and oral business plan videos
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Each section has to cover everything
Shoot for max score every time
Ask Nancy Phillips
Every member on business plan team writes
each part together.
Ask partners to critique content and English
teachers to critique grammar and structure
Critical Areas to Written Plan

Find a sharp Chief Financial Officer (26%)
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
Real World research is crucial (24%)
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
Problem solver who catches errors
Divide and conquer
Keep perspective – View Plan as a whole
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Graphics coordinate
Oral rubric just as important as written
Everyone in company has stake in plan
Oral Business Plan of Attack

Pick one area (i.e. SWOT Analysis)
–

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Presenters audition in front of practice judges
Select team - Each member writes own
speech
–

Students write it together and all memorize
Business coach refines speeches with each
member
Practice Presentations
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Regional practice run with judges before State
Video tape and watch
Critical Areas of Oral Plan

Explanation of Finances (21%)
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
Have to understand and communicate the Big 3
Question and Answers (25%)
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All members need to be experts in certain areas
and know a little bit of everything
H.E.O. & T.E.O. (teamwork – never leave
someone stranded)
Final Thoughts


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It’s about relationships
Have fun with it!
Let the kids take sit in the driver seat
Give it all you’ve got! It’s good enough!
Question and Comments
Thank You for your TIME!
Contact Information:
[email protected]
(661) 324 -9841

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