sample business plan for high school students

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Provide real–world business plan examples for your students, inspire confidence in future entrepreneurs and easily create your class syllabus using industry–best business plans., liveplan gives students access to actual business plans so they can practice business planning in and outside of the classroom., it's not just a classroom project. it's your students planning for their futures..

Teach by example

LivePlan's examples of actual business plans show students how they can identify opportunities, meet challenges, and plan their path to profits. Just like real-world entrepreneurs.

No spreadsheets necessary

With all–in–one spreadsheet–free forecasting and pitching tools–students can use LivePlan to build a realistic business plan with accurate projections and compelling pitches. Analyze scenarios. Track progress. Set goals. All in LivePlan.

Works seamlessly with your classroom setup

With LivePlan you can simplify syllabus creation. LivePlan can also be used alongside classroom tools such as Blackboard and Canvas. LivePlan's optional instructional resources can enhance your syllabus with materials that introduce lean planning principles, growth metrics, financial forecasting, and more.

Instructors looking for a great tool to help students develop business plans need to look at Live Plan. The step–by–step process walks students through the entire process from Pitch to Financials. As the Instructor you can also have online access to their plan and provide feedback and comments as the plan develops.

Mike Allen Business Instructor, North Idaho College, Coeur d'Alene, ID

Bring out the best in every student

LivePlan's business plan examples help students turn ideas into top–notch business plans for class projects and startups. The tools, features, and instructional content allow you to focus on bringing out the best in your students for every plan and project.

Before using LivePlan, my students were intimidated by the business planning process. LivePlan breaks it down into manageable steps and takes the mystery out of developing a business plan.

Amy Schulz NACCE Vice President of Education, Membership and Associate Faculty, Feather River College, Quincy, CA

I used LivePlan to develop a business plan for a class project. Turns out, the project became part of a business plan competition where I placed second out of over 200 entries.

Sheila Austin Student

LivePlan provides your students with the tools to

Know the competition

No business operates in a vacuum. LivePlan incorporates real–world industry data, so students can better understand competitors, plan businesses around industry realities, and confidently execute data–driven strategies.

Build business dreams together

From sharing feedback and engaging in discussions, to simultaneously working on different parts of the plan, students can easily collaborate in groups using LivePlan.

Create a plan that fits their needs

Whether small or big, LivePlan can build out the right–sized business plan for your classroom projects. In LivePlan, students can develop a simple lean plan that focuses their ideas, or create a full business plan with all the details and steps necessary to persuade investors, attract partners, and turn their idea into a profitable reality.

With so much happening in the classroom, you need a tool that works with you, not one that makes you do extra work. Used by educators, consultants, entrepreneurs, and students all around the world, LivePlan has been regularly improved and streamlined so it's easy to use.

Develop confidence in their plan and themselves

It's one thing to plan a business. It's another thing to know how to talk about a business plan. Students can develop talking points and practice their pitch in LivePlan so they can discuss their enterprise with confidence and authority.

With LivePlan your students exceed expectations

With LivePlan, students create business plans that:

LivePlan streamlines projects for educators

LivePlan eases project management in the classroom, so instructors can:

Go beyond business plan examples

LivePlan easily integrates into business courses, includes all materials and curriculum to support classroom business projects, and comes with free phone, email, and chat technical support.

The students very much appreciate the guidance the LivePlan program offers. I love the ability to act as a contributor to their plans. The help resources are phenomenal and easy to navigate.

John Shaw Assistant Professor of Management, Davis College of Business – Jacksonville University, Jacksonville, FL

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Teachers and students love LivePlan

LivePlan really facilitated communication between students who were in a team on the business plan project. Students could comment on sections of their business plan and collaborate on what to change in their plan without having to meet face–to–face.

Amy Valente Assistant Professor of Business, Cayuga Community College, Auburn, New York

LivePlan helped us easily set up the business plan for our startup during our MBA. As soon as the other students saw it, they also wanted LivePlan. The time we saved on planning we could use for operational tasks. It was the ideal solution for us.

The product we produced by using Live Plan was exceptional, far exceeded our expectations, and came out so much better than we could have ever done on our own.

This product is a game-changer. It allows the non–MBA founder to unleash their potential through strategic planning and beautiful design. Highly recommended.

Answers Neuroscience

LivePlan is simply awesome.

Amit Agrawal

Business Plans for Kids

Money Talk — Parents’ Blog

Download the Sample Business Plan for Kids

Business Plan for Kids

Teach your students how to write their own business plan and create a successful business.

More Business Planning Resources

The 4 p’s of marketing.

Learn how to market your business with product, pricing, promoting and placement.

How to be a Pro

Tips on making a sales pitch, interviewing for a job, or meeting a potential customer.

Are you Making a Profit?

We’ll help you find out! Use this worksheet to do the math and put your business on the right track.

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23+ Free Entrepreneur Lesson Plans (Projects, Worksheets, etc.)

Need free entrepreneurship curriculum, lesson plans, and projects here's entrepreneur lesson plans for high school, middle school, and elementary..

group of tweens working together, text overlay

So, you’re looking for entrepreneur lesson plans to help turn your kids or students into the innovators of tomorrow.

And not just to make them into entrepreneurs, but to benefit your kids and students with the following results of teaching entrepreneurship :

But, exactly how are you supposed to teach entrepreneurship?

Entrepreneurs, among other qualities, need to be able to recognize opportunities in the marketplace. This means finding a need, and figuring out how to solve that need in a profitable way.

This can be as simple as a kidpreneur/kidpreneurship (or kidpreneur-in-the-making) opening a lemonade stand on a smoldering July day near a construction site, and as complicated as creating a machine knob specifically for tea growers in Japan.

And having this ability doesn't have to result in a person starting their own business; it works equally as well for your child if they work for someone else in the form of more merit raises, one-time bonuses for one-off projects, promotions, leverage in salary negotiations, etc.

In fact, the skill of recognizing an opportunity, and seizing it by writing my own job description resulted in me snagging my first job out of college (worth an awesome $40,000 + benefits to me at the time). More on that in a bit.

What are the other skills a child needs to learn to help them as an entrepreneur?

Psst: you'll also want to check out my resource list of youth entrepreneurship programs , entrepreneur biographies for kids , kid entrepreneur kits , and full review of the Teen Entrepreneur Toolbox .

Article Content

How Do You Teach Entrepreneurship?

Teaching entrepreneurship is a bit trickier than, say, teaching algebra. With algebra, the equations come out with the same solutions, every time. But with entrepreneurship?

There are an endless number of variables that go into it, and an endless number of outcomes that can come out of it.

How are you supposed to teach for that?

One of the best ways to teach entrepreneurship is to choose entrepreneurial projects, activities, and lesson plans that aim at nurturing these entrepreneur skills:

Elementary School Entrepreneurship Curriculum

Excited to start teaching your elementary school-aged kids about entrepreneurship? Let me share some entrepreneurship lesson plans, resources, and curriculum with you.

Also, check out these 3 kid business plan examples .

1. Venture Lab

Who It’s For : Grades 1-12

Financial Aid : ( Free for non-commercial use ) Curriculum that organizations can purchase to use with students

Length of Program : 90-minute lessons

Location : N/A

Venture Lab offers a curriculum suited for 1st – 12th graders (curriculum is divided into lower elementary, upper elementary, and middle school/high school.) This is a course in a box with all of the lesson plans already completed and is meant to be utilized as part of regular coursework, after school programs, or camps.

Its focus is on teaching girls components of entrepreneurship such as STEAM concepts and design thinking.

2. Money Monsters Start their Own Business

Who It’s For : 4th – 8th grade

Students will read through the Money Monsters Start their Own Business book (PDF provided – 51 pages), and then play a game that has them experience the ups and downs of starting a business.

I love how a Toy Store Income Tracker is included so that each student can track their own earnings and see the numbers for themselves.

Psst: you'll also want to check out Federal Reserve Bank's webinar on teaching kids entrepreneurship , which will give you some lesson plan ideas.

Starting a Business Lesson Plans for Middle School

Do you want to teach your middle school kid (or student) how to start a business, and you need a lesson plan? I’ve actually created a Take Your Child to Work Day printable which will give you lots of ideas for your starting a business lesson plan.

More middle school business lesson plans for how to start a business (all free):

Psst: Try holding a market day in your class. Here are 22 things for kids to make and sell , 17 boy crafts to sell , and help pricing their products in this market day lesson plan .

Teaching Entrepreneurship to High School Students – Free Entrepreneurship Curriculum

There are some great curriculum and materials out there for teaching entrepreneurship in high school, many of which include entrepreneur worksheets for students.

Psst: you also might want to check out these 5 business books for teens , and 11 business games for students .

1. Alison’s Entrepreneurial Skills Path

Who It’s For : Business students, and people interested in learning about creating a business

Financial Aid : Free

Length of Program : 6 lessons, each between 1 and 3 hours

Alison is a free, online platform with tons of courses, and one of the paths you can go down is an entrepreneurial skills one.

Teachers of the courses include venture capitalists, professors at Harvard, and professional entrepreneurs.

Lessons include:

2. Youth Entrepreneurs

Who It’s For : Students

Financial Aid : Schools pay for this program, with the cost based on how many students get free and reduced lunches

Length of Program : 1 year

With this program, students first focus on economics, then they focus on starting their own businesses.

3. Diamond Challenge Business Curriculum

Who It’s For : Kids and teens

Length of Program : 14 modules

Looking for a video business curriculum with instructional guides? The Diamond Challenge’s program covers the following:

They also offer a Social Curriculum track that’s 6 video modules long, including:

4. INCubateredu

Who It’s For : 10th and 12th graders

Financial Aid : Free (at schools where it’s available)

Length of Program : 1 year (followed by acceleratoredu for the 2nd year)

Through Uncharted Learning’s program, 10 th to 12 th graders develop their own business, pitch their idea ta a shark-tank style event, and even have a chance at receiving funding.

5. JA BE Entrepreneurial®

Who It’s For : Grades 9-12

Financial Aid : Free for students

Length of Program : 7, 45-minute sessions

Location : Anywhere

Through your child’s school, they can take Junior Achievement’s Entrepreneurial program. The course teaches students how to create a business plan, plus how to start a venture.

Lessons covered include:

6. JA Company Program Blended Model

Length of Program : 13 classes (2 hours/class), or as a 1-year program with 26 classes (1 hour/class)

Location : Anywhere (online course)

This is an online program that teaches high schoolers how to solve a problem/fill a need in their community through entrepreneurship.

7. The Mint's Be Your Own Boss

Who It’s For : Teens

Length of Program : 3 lessons

Starting with the Be Your Own Boss Challenge , The Mint takes your teen through the following three lesson:

8. Wharton High School's Entrepreneurship

Who It’s For : High School students

Length of Program : 50+ lesson plans

These lesson plans go through the following:

9. YE$ Youth Entrepreneurship

Who It's for : high school students

Cost : Free

Location : Anywhere (it's a PDF)

Here's a free PDF with tons of entrepreneur lesson plans and research done for educators, that is meant to go along with a 4-H program. You'll find some nuggets in here, plus, it's free!

Now let’s take a look at entrepreneurial projects that can teach your kids and teens all about starting a business with hands-on experiences.

10. Build a Business Plan

Who It's For : Middle School and High School

Location : Anywhere (online)

Check out this plug n' play business plan creator! You could send your students to this page to work through a business idea of theirs.

Then, at the end, they can print out their business plan!

Questions they'll need to answer include:

Entrepreneur Worksheets for Students

While I would recommend taking on one of the projects below, or one of the hands-on lesson plans from above, there are also entrepreneur worksheets students can use to learn about businesses.

Here's a few of my favorites (all free):

Psst: you might want to check out my review on the Teen Entrepreneur Toolbox .

2 Entrepreneurial Projects – What is an Entrepreneurial Project?

Entrepreneurial projects are a smart way to teach entrepreneurship to kids, because, as with any project, it gives them a chance to dive deeper into a topic that interest them (all under the guise of teaching them how to start and run a business).

Entrepreneur Project #1: Winter Beverage Outdoor Tasting Contest

It’s soooooo easy to sit inside all winter long and slowly accumulate cabin fever (plus a few pounds). That's why you've got to look for fun things to do in the winter.

Well today? We’re going to switch things up. I’ve created a family date night for you ( family winter activities !) that has both an indoor AND an outdoor component.

But don’t worry – with this fun winter activity we’ll keep things toasty throughout.

So, what’s the game plan? Each of your kid(dos) will make (rather, create ) a warm winter beverage recipe indoors . Then here's the twist: you’re going to host a family taste testing contest around your fire pit in the backyard.

Not only will this make a fun family memory, but your kid(dos) will actually walk away with more money knowledge in the process centered around the all-important lesson of how to make a profit!

Psst: Now that’s a money lesson I could have used as a kid, specifically as I’ve gone into biz for myself as an adult.

Host a Winter Beverage Outdoor Taste Testing

Finding fun things to do in the winter doesn't have to mean you're freezing your tootsies off. There's nothing better to keep you warm outdoors in the wintertime than a toasty drink. Well, a toasty drink around a roaring fire.

Here’s how it’s going down:

Step #1: Choose an Event Date

Build the anticipation for your family by choosing a date 1 to 2 weeks out (so that there’s time for you guys to complete the rest of the prep work).

Fill out the invitation on Page 1 of the free printable, and display prominently on your family’s bulletin board/gathering center in the kitchen so everyone knows the date of the big event.

Set the stage for the competition by having your family read their mission out loud. Other cool factors you can add in: make it a Friday or Saturday family date night, under the stars. Let the kids stay up a little past bedtime to complete.

Step #2: Your Kid(dos) Research Hot Drink Ideas to Enter into the Competition

Your kids are the ones entering the competition. They’ll be in the driver seat of actually creating their own recipe from scratch (with some inspiration from below).

There are lots of toasty, kid-friendly drink recipe ideas to get them started:

They’ll get lots of help not only from looking up recipe examples on sites like Pinterest, but also from the worksheet in the free printable (Page 2).

Step #3: Shop for the Ingredients

Once your budding restaurant consultant has determined possible ingredients they’ll need for their signature drink, they’ll need you, Mama Bear, to purchase them.

Take the list your kid(dos) have created and go to the store (solo, or with them) to make the purchases.

Having trouble coming up with a pool of possible ingredients to buy? Use the lists below for inspiration of what to pick up (a few of these ingredients you probably already have at home) and let your kids create what they can from it:

Save your store receipt, as your kid(dos) will need this information to price their drinks later on.

Step #4: Your Kid(dos) Tinker + Perfect their Drink

Using the purchased ingredients as well as anything in your home they can find, host a kitchen lab session where your kid(dos) tinker with ingredients and perfect their super-secret, signature recipes (talk about fun things to do in the winter inside!).

They’ll write down the exact portion sizes to each ingredient that they use as they go along, which is important for the next step.

Step #5: Your Kid(dos) Figure Out the Profit Margin of their Signature Drink

Remember, the goal is to create a new drink for this restaurant that not only costs less than $5, but has at least a 60% profit margin for the owner.

Ahem: between you and me, that means their cost needs to come in under $2.00.

So, as your kid tinkers with ingredients, they need to keep price in mind.

Note: this step can seem a bit unwieldy, but is SO important for the whole process. Just know – I’m outlining both how to do this all by hand, as well as giving you shortcuts to online calculators where your kid(dos) will still learn the process by setting up the inputs and thinking through how it all fits together.

Of course, we’re not talking about the cost of the entire ingredient that you’ve purchased. After all, it’s unlikely they’ll use an entire carton of milk to create one drink. We’re talking about the small portion size that they used of the product.

In other words, they’re not going to get the cost of a single drink they’ve created from your grocery store receipt as it is now. They need to do some calculating based on the measurements of each ingredient that goes into each drink.

You need to know how much it costs to create just ONE of your super-secret signature drinks so that you can calculate the profit margin.

What’s a profit margin? It’s the percentage of what you keep as profit from each $1.00. For example, a 20% profit margin means that we earn $0.20 on every dollar. That means that the other 80% or $0.80 are expenses. Remember that Jack, the man from The Yeti Slide, needs a 60% profit margin, or $0.60 on each dollar in profit after expenses are taken out.

Step #1: Write down your ingredients + quantities.

Step #2: Convert each quantity in your recipe to the quantity on the product label.

Divide your ingredients up by dry ones (like cocoa powder), and wet ones (like heavy cream or vanilla extract).

Then use the appropriate table below to convert the amount in your recipe to the amount that’s found on the ingredient’s product label (front of package).

For example, if you used 3 teaspoons of cocoa powder (dry ingredient), then your conversion is to a ½ ounce (the cocoa powder can is in ounces). Or if you used 2 tablespoons of almond milk, you find on the Wet Conversion table that you used 1 fl. Oz. (the almond milk carton is in Fl. Oz.).

Hint: Can’t find the conversion or a little confused? You can plug the exact quantity of your ingredients into this liquid converter or this dry converter calculator online and convert it into the measurement found on your product label).

Conversion tables:

Dry Conversions

3 teaspoons	½ ounce
2 tablespoons	1 ounce
1/4 cup	2 ounces
1/3 cup	2.6 ounces
1/2 cup	4 ounces
3/4 cup	6 ounces
2 cups	16 ounces

Liquid Conversions:

2 tablespoons	1 fl. oz.
1/4 cup	2 fl. oz.
1/2 cup	4 fl. oz.
1 cup	8 fl. oz.
1 1/2 cups	12 fl. oz.
2 cups or 1 pint	16 fl. oz.
4 cups or 1 quart	32 fl. oz.
1 gallon	128 fl. oz.

Step #3: Calculate the cost of each quantity of ingredient used.

Now you need to price each converted quantity of ingredient by figuring out how much each ounce or fluid ounce costs, and then multiplying it by the amount you’ve used.

Hint: A good estimate to use for dashes of spices such as cinnamon or nutmeg is $0.05.

Example: I used 1 tablespoon (tbsp.) of heavy cream. One 8 fl. oz. container of heavy cream at the store costs $2.99. That is $0.37/ounce. I look at the conversion chart below, and see that 1 tbsp. converts to ½ ounce. So, I divide $0.37/2 ounces, and see that this ingredient for just one drink costs $0.186 (you can round up to $0.19).

Ingredient Cost: $2.99 _ Converted Amount Used: ½ fl. Oz. Total Product Amount: 8 fl. Oz. Cost per ounce: _$0.37/fl. Oz. Cost of Ingredient Used: $0.37 X ½ = $0.186 .

Looking for a shortcut? Here’s a free online tool for pricing out beverages . You’ll need the converted amounts.

Step #4: Calculate Your Profit Margin

Figure out how high your profit margin is if you sell the drink for $5.00.

Profit on Drink: $5.00 – total drink cost = _ $ _________.

Profit Per Dollar: Your answer from above \ Cost drink is sold for ($5.00) = $ Profit

Profit Margin: $ Profit X 100 = Profit Margin%

Step #6: Taste Judging Begins

By now you’ve set the scene for some fun things to do in the winter outdoors – think a crackling bonfire out in the backyard (or in your fire pit. Heck, you can de-hibernate the grill for some winter outdoor cooking/heating), plus a table/flat surface where your kids can place their super-secret signature creations.

Bust out some blankets, cover straw bales with table cloths…you get the idea. (And if you’re in Houston like we are? Well, a hoodie should suffice).

Have your kid(dos) place their drinks on the tasting mat, as well as fill in how much their drink costs and what the profit margin is (all calculations they’ll be guided through on the free printable).

Now they get to take a break, while the parents taste + score each one!

Included in the printable are both a tasting mat as well as a score card with specific criteria, such as inventiveness, taste, and profit margin.

Step #7: Declare the Winners

There are winners in a variety of categories, and then an overall drink that is chosen for The Yeti Slide's Yeti Roasts:

Looking for fun things to do in the winter? This two-part activity for your child that will leave them understanding profit margins like a pro, plus give your family an awesome family date night under the stars on a winter evening when you might otherwise be watching tv.

What could be better than that? If nothing else, you’ll have created quite the memory.

Entrepreneur Project #2: A System for Your Child to Identify a Need in Your Home + Propose a Solution

We want to encourage your child to come to you with things they see that could use improvement, and ways they could add value or provide a solution for you.

Let's go through how to do this.

Step #1 : Discuss with your child the idea that people need things + services.

Here's a conversation outline for you with a few blanks to fill in (where underlined) :

“People need things and services in their lives. They need things to maintain their health, they need things to make life more enjoyable. They need parts to make repairs to their belongings. They need really cool items to buy as gifts for others. They need better systems or processes to make things work more efficiently, which just means taking less time and less money and getting the same (or better) results. All over the world, people need things. In my own life, three needs that I've satisfied through purchasing something include X , Y , and Z . By purchasing them, they made my life easier because <<FILL IN SPECIFIC INFORMATION FOR EACH EXAMPLE YOU GAVE>> . Generally, when people need something, they are willing to pay money for the solution. That's why there are so many companies, all which provide products + solutions for people's needs.”

Pssst: MAN I wish I could go back 17 years and give myself this talk! Would've saved me several adult years of banging my head against the wall trying to understand how to make money.

Step #2 : Task your child with identifying a need around the house/property/car.

What could this look like?

A Few Examples for you + your kiddo :

The possibilities are endless, and specific to what needs your child sees in your family life.

Step #3 : Once they've identified a need and come to you with it, you must decide if it's worth it to you to move forward. Don't be afraid if, after they've told you a need they think you have but that you don't actually have, to tell them that it isn't a current need of yours. Hey, the road to success is paved with failed products! This is excellent feedback so that they start to understand their “customer” and dig deeper. Perhaps they'll even start to ask YOU what you want from them!

Step #4 : What are both of your expectations for this job so that you know when the job is completed correctly?

Let them tell you what they propose to accomplish and what that would look like.

Then you share what you, as a paying customer, expect in results. Hash this out if need be (just like a real negotiation between a biz and their potential client).

This includes a deadline.

Step #5 : Now you need to ask them for a price.

I know, I know. You might be wondering, “why on earth am I going to let my child choose how much I'm willing to pay them for something they want to do around the house? Isn't it MY money?”

I totally get that. But remember that the nature of this lesson is to ignite that entrepreneurial spirit in them. Instead of you offering what you're willing to pay, have them go through the exercise of pricing their efforts. Then the negotiations start.

This sets them up for good negotiation + valuation skills in the future.

Determine the market price you'll pay, which is where their price (the supplier) and your price (based on how much you need what they're offering + a dash of several other things) meets. $__________.

Step #6 : Your child completes the work + notifies you.

Step #7 : Using the checklist you both created, provide oversight and see if everything is as it was supposed to be.

Step #8 : Pay the agreed upon rate once everything is up to par. And if they don't quite complete the project + deliver what they promised, it's up to you whether you want to make a partial payment, or not pay at all (satisfaction guaranteed could be added to this lesson as well).

If your child makes it through this process, then they will have successfully figured out a “market” need, fulfilled it, and gotten paid from their initiative. This is something that will no doubt shape their futures.

And if they don't quite succeed? Well the lessons are vast for all entrepreneurs as they traverse through the mistakes, failures, and successes.

It's really a win-win situation.

Let me show you what I mean, with an example in my own life.

How I Used this Skill Set to Write My Own First Job Offer Worth $40,000 + Benefits

While some of my dorm mates were floundering around trying to find employment, I was busy enjoying my last two months of college before entering the “real world”.

Why is that? Because I had a job waiting for me. And the only reason why I had that job was I spotted a need in a local company, and wrote my way into it.

I had interned for an organization in my small college town, and they ended up building a start-up company set to open its doors sometime around when I was due to graduate. One day I asked them if I could have a full-time job there come June. The director looked at me, and said, “go ahead and write up a job description of what you propose you would do here. Then we'll see.”

So I went back to my college dorm and worked on a job description. I thought about what the company was trying to achieve, and tied this into what I wanted to do with my life (at least what I thought I wanted to do at the time).

I wish I had saved a copy of the actual job description, but my sharp memory tells me it went something like this:

“Amanda L. Grossman will be the International Marketing & Sales contact at Chesapeake Fields. The International Marketing & Sales Person is responsible for researching new markets around the world where Chesapeake Fields' products would be well received. Primary responsibilities include understanding these markets, making contact with potential wholesalers and distributors, sending samples, and being the brand ambassador for Chesapeake Fields within these markets.”

With one minor change − they put sales in front of marketing in my job title − I got an offer from them for $40,000 + benefits to do just that. Within the one year I worked there, I ended up negotiating an initial container load of $27,000 worth of our product to a major food retailer in Taiwan.

Unfortunately, my job AND that company went under not long after my first and only year there. But writing my way into a company right out of college based on a need I saw that I could fill? Well that was enough to impress future employers who then hired me.

See how lucrative learning this skill could be for your child? I'd love to hear below what needs (perceived or actual ones) your child comes up with to fulfill.

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Amanda L. Grossman

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Thursday 8th of June 2017

Uh, I totally love this post! My hubby and I are both entrepreneurs and want to instill the same in our children... definitely going to use these tips!!

Friday 9th of June 2017

*Squee*! Thanks, Lauren. I'd love to hear what your kiddos come up with:).

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Step 1: school overview, step 2: executive summary, step 3: school services.

Step 4: Mission Statement and Vision Statement

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Step 7: Market Research

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High School Business Plans Samples For Students

8 samples of this type

Do you feel the need to examine some previously written Business Plans on High School before you get down to writing an own piece? In this open-access database of High School Business Plan examples, you are granted a thrilling opportunity to examine meaningful topics, content structuring techniques, text flow, formatting styles, and other academically acclaimed writing practices. Exploiting them while crafting your own High School Business Plan will surely allow you to complete the piece faster.

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Business Development Plan for Education

Introduction

Example of healthcare investment manager business plan, 575, high street, suite 201, free business plan on compensation structure and job design.

The biggest challenge for any company and its management in current scenario is to keep the employees motivated and task oriented and for that, it is required to effectively design the compensation plan and pay the employees effectively. The compensation structure for Kudler can be designed by using two approaches that is job-based approach and person-based approach.

Job-Based Approach:

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Entrepreneur Profile Business Plan Examples

Company: SIDEARM Sports Specific focus of the company: Provision of software and technology needed to power livestats, websites, and video streaming for over 600 high schools, colleges, and universities across North America.

Engagements other than business: Teaching in the university as an Associate Professor

History of the miami dade college (mdc) system business plans examples, business plan: student services area of miami dade college (mdc) – hialeah campus.

Overview of Organization

Free Marketing Plan Business Plan Sample

Executive summary, example of business plan on building a passion to soccer and developing womens youth soccer in qatar, the spot youth academy business plan examples, business plan.

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Crafting a Business Strategy that Aligns with Your Goals

sample business plan for high school students

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How to write a simple business plan for students.

A business plan always has the same structure. Of course, if you plan to sell coffee, not to produce it, you will skip the “production” part, but other than that – you can’t skip anything.

Writing a business plan as a student , as a part of your college or university project, the best thing you can do is just to go into too many details. You have to save the structure, but you can describe your competitors in one abstract, not in five pages, with numbers and poll data.

Basic Business Plan Structure

Mostly, students are asked to make a marketing analysis and marketing plan more professionally than other parts, so we give more details about them.

Description of your business

Here is a brief overview of the experience of the entrepreneur, the date of creation of the company, the field of business, goals, and objectives of the work, available base, and resources.

Market analysis

List of competitors and their offers, estimation of demand, options of promotion and sale.

Evaluation of the market. It is necessary to estimate the capacity of the market, the population, the number of potential customers. It is difficult to do this without complete marketing research. Therefore, you should look for the results of this assessment for your region. As a last resort, you can predict the estimated demand.
Competitors. Make a list of your competitors who are already working in this market. Not only direct competitors that offer similar products and services but also those companies that produce alternative services should be considered. If you do not have a specialized tea boutique in your city, this does not mean that the market is free from competitors: you have to fight for customers with those department stores and supermarkets that also sell different types of tea.

Production plan

List of products (services provided) and their volumes, technological processes, necessary equipment and materials, cost calculation.

Business processes. Write down the list of equipment, tools, raw materials, and materials needed to create your chosen range of products and services. Calculate the optimum production volumes your equipment can handle. Specify which employees and what kind of downloads you will need.
Products. List the products, services, and work that you will offer your customers. Costs for the organization of business processes will allow you to find out the cost and to make a price list.
Start-up investment. Calculate how much money it will take to start a project. Sum up the cost of all assets, fixed assets, repairs, materials, and other expenses that will be required to start production.

Organizational plan

List of necessary staff, organization of work, distribution of functions and tasks in the team, involvement of third-party organizations and specialists, personnel costs — calendar of activities for launching the project.

Marketing plan

Advertising channels and costs, ways to promote a company and its products (services), estimated marketing impact – sales volume, number of customers, and transactions.

Financial indicators

This is where the financial side of your business is reflected, namely: future costs (product purchases, rentals, hiring, etc.), revenue, net profit, profitability, and return on the project.

Risk assessment

A list of major issues that a company may face, their potential consequences, and a plan of measures to minimize them.

Project summary

The most important part is a compact presentation of the contents of the entire document on several pages, it is important here to place the accents correctly, taking into account the addressee and the purpose of preparing the business plan.

Even though it is only a business plan for students, not the one you would present to a real investor, try to make it look realistic.

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The Best 36 Business Ideas for Students in 2023

Many businesses will use your D-U-N-S Number to access your company’s Dun & Bradstreet credit profile to help evaluate you as a partner.

Information about the countries, cities, stages, and industries they invest in, as well as their contact details.

When you are a high school or college student, you generally have huge batches of free time. There's no better way to spend them than becoming a student entrepreneur...

In the past decade, the world has seen many incredible businesses being started by college students (Facebook, just to name one).

Is it Possible to Start a Business While Being a Student?

There are no legal, financial, or knowledge reasons that prevent a school, college, or university student from starting their own side hustles.

The internet has democratized access to information and financing, which has removed the biggest barriers that used to exist in the formation of a new business.

Now, should a student start a business while he is studying?

School and university demand many of your hours, but if you stay organized and make the best use of your hours, you will find time to both study and run your startup.

In fact, it could even help you with your studies by allowing you to find other logic and uses for what you are taught in college.

Best 36 Business Ideas for Students

1) sell used books.

Difficulty : Low

Investment : Low

Description : You finished your academic year, congratulations! Now check your desk… you have a pile of used books, right? In many cases, they end up in your house’s trash bins. However, there’s something better to do with them: sell them to younger students at a cheaper price than what a new copy is.

You'll probably, at least, make enough money to purchase the books needed for your next semester. The best of this idea is that it doesn’t require either any investment or much time.

Resources : Here’s an article on the 6 best places to re-sell old books and some tips on how to do it.

2) Flip Websites

Difficulty : Medium

Investment : High

Description : You buy websites that are exiting for a low price, grow them in 6 months to 2 years, and sell them at a much higher price for a profit. There are people who work full-time on this and make millions per year with their sites.

The key here is to buy a high-quality website at a low price. There’s a ton of information on what you should consider and check when doing it. At the same time, there are all kinds of free digital marketing courses that you will find useful if growing one of these websites.

Resources : Flippa , Empire Flippers, and Micro Acquire are three website marketplaces. Besides that, you should check out this article on how to find, evaluate and buy websites , as well as this review we've written about Micro Acquisitions course , which goes all about buying, growing, and selling sites.

3) Re-Selling

Investment : Medium

Description : There’s an ethical unresolved issue around re-selling sneakers, tickets, or whatever, but I’ve personally seen many people make loads of money buying items at a low price and selling them at a higher one. Re-selling works best with limited items (such as the mentioned tickets and some exclusive sneakers), as those who haven’t been able to purchase them are willing to pay more than their original price to have them once the item is out of stock.

The key when re-selling is understanding the market and anticipating which items will people be more willing to pay for once they run out. Note that it can be pretty risky; I know of a guy who bought 10 tickets for a concert and couldn’t re-sell them. He ended up inviting all of his friends for free with a huge loss.

Resources : This is a really inspirational article on how to re-sell sneakers and make a profit.

4) Writing Services

Description : Start a website that offers all kinds of writing services to students or businesses. It could be anything from sales & marketing copy, SEO content, essay writing, academic papers, or even simple proofreading.

There are already many trustworthy services online, and before starting out your own writing service, it is a good idea to work as a professional essay writer for a top website. After you have gained some valuable experience doing this, you can move on to creating your own essay-writing service. You could charge per hour or project.

+1 if the website invites other fellow students to offer such writing services and you charge a fee ;)

Resources : This article will help you decide whether you should or should not start freelance writing. If yes, make sure to check this one, which teaches you how to do it.

5) Play Cupid

Description : Set up a website or an app, exclusively for your college campus or local area, to let the singles meet. This will be much appreciated by the community and, with a small fee, the app could kick-off and be the Tinder of your campus or neighbourhood.

The app could, instead, be focused around networking. People could use it to meet other people and make new friends.

Alternatively, the app could also be focused around professional networking.

Resources : This Bubble template is a great and cheap point to start a dating app.

6) Motivational Apps

Difficulty : Hard

Investment : Medium

Description : Motivational apps have a broad scope range. They could be for anything from academics to mental health.

Consider academics. The app could show events, seminars, or lectures and let the user log the attendance to these, getting award points in exchange. Such apps encourage improved productivity among students in a positive and fun way.

These rewards could be in the form of vouchers, coupons, or deals for any local service. For the sponsors, this would be a worthwhile advertisement option among the clientele too.

The easiest way to monetize such an idea would be through ads.

Resources : There are many tools out there to build apps cheaply and fastly (even without coding). Check our Tools page .

7) Babysitting

Description : There will always be demand for babysitters and nannies. With both parents working and maternity and paternity leave shrinking in length, the market for this is only widening. If you have a knack with babies and have a pleasing personality, you are already good to go.

Resources : Here is a detailed article on how to properly set up your babysitting business and make the most of it.

8) Babysitting Network

‍ Difficulty : Medium

Description : You can create a sort of marketplace for babysitting. Other prospective babysitters could sign up for it and offer their babysitting services. Parents could select between the available babysitters and hire them through the platform. You could keep a commission.

Even if you are not able to do the babysitting job due to lack of time, you'll still make a commission from fellow babysitters who have signed up for the program.

Resources : Here is a long article on how to build and grow a nanny app.

9) Pet Sitting

Description : What’s better than babysitting? Pet sitting! Who doesn’t want to spend the whole day playing with dogs? There are busy workers and families taking holidays who need someone to take care of their loved pets.

There are two main ways to face this business idea. The most common one is to take pets for a one/two-hour walk every day/every two days. The second one would be to take care of pets of people taking holidays, for one to four weeks.

Resources : The Balance Careers has a huge series of resources for pet sitters.

10) Local Reviewer

Description : Every time we want to buy a product, the first thing we do is to look online for product reviews. Sure enough, all big cities have their own dedicated websites for such reviews from multiple sources. But what about small places or even campuses? There’s a huge opportunity there.

Start a website that reviews the local accommodations. You can make this exclusive for the campus itself or other accommodations in the area that students could rent out. This would work as a credible source rather than just word of mouth. There could also be options added to include listings and discussion forums. You can monetize this through advertising.

Resources : WPBeginner has a long article on how to build a review site using WordPress, which would probably be the cheapest and fastest way to do it.

11) Swap Website

Description : Swap websites are used to swap, sell, and borrow goods and services. For example, if a person needs something but only for a single use, it is best to rent it out rather than buy one.

On campus, there is more than one person who is willing to do that, but it is lacking a way to find that person. Such a website would simplify this while enabling people to save a few bucks.

Call it a new age barter system; especially on campus, there would be a lot of demand for this. Start this locally and then expand it later. There are loads to borrow and exchange from academic services, bikes, books, and even clothes. You can monetize it through advertising.

Resources : Here’s a list of 36 bartering and swapping websites to get some inspiration. We’ve also interviewed the founder of a shutdown swapping site who shared all the mistakes he made throughout his journey.

There are loads to borrow and exchange from academic services, bikes, books, and even clothes. You can monetize it through advertising.

12) Design Services

Description : All kinds of businesses have design tasks. So, you can create a site that offers different types of design services, such as logos, flyers, packaging, or even websites, and niche down to local businesses or even other students starting their own startups. This is a great startup idea for students and you could charge per hour or per project.

When you are a student, it can be hard to get businesses to trust you. There are many ways to achieve it, such as showing them previous high-quality work, offering one free project, and connecting them with your previous clients.

Resources : You may be asking how to build a portfolio if you’re just starting and have never had clients, right? Here’s a tool that generates fake client briefs for you to design and showcase in your site.

13) Digital Marketing Services

‍ Difficulty : Hard

Description : Digital marketing has grown a lot in the last decade, with the emergence of eCommerce and online businesses. The businesses that don’t digitalize themself and ignore working on their internet profile and presence are missing a huge percentage of clients.

There probably are many local businesses looking for help on their digital marketing strategies. You can reach their owners and provide them with a free consultation to show you know about the subject. You could help them with local SEO , social media management , and Google Ads / Facebook Ads campaigns, among other strategies.

Resources : Make sure to check out Acadium , a tool connecting businesses looking for digital marketing work to be done, and students who are willing to learn and do that work. They provide great free digital marketing courses on different topics.

14) Development Services

Description : Having a website is a must for any kind of business, and most local ones tend not to have one. There’s a huge opportunity there.

Learning to code is super accessible for everyone. There are thousands of free development courses, books, articles, and videos, so “I don’t know how to code” is definitely no longer an excuse. And if you don’t want to learn, you can even build a website without coding. This site was built with Webflow , a powerful visual web design tool.

Resources : Google “free web development course” and you will get 3.2B results… I think that’s enough ;) You should also check this complete guide on web development freelancing.

15) Cleaning Services

#15 business ideas for students in university

Description : Publish an online ad offering cleaning services in your neighborhood. Do a great cleaning job and build trust with your clients. Ask your clients for a referral and you will soon be cleaning the houses of all your neighbors.

That’s actually what Kisten Hadeed did and the origins of Student Maid, a really successful cleaning company in Florida. You can charge per hour and keep initial investment really low by asking clients to supply you with the needed equipment.

Resources : This article from Entrepreneur.com teaches how to get started in this industry.

16) Pool Cleaning Services

#16 business ideas for students without investment

Description : Cleaning pools is an alternative to the already mentioned cleaning neighbor’s houses business idea. It’s definitely not as easy, as it requires to be educated on what you’re doing. You might even need legal permissions to work on it, depending on where you are based. On the side, it requires some investment in equipment and products to be able to carry out the job.

Both the difficulty and investment issues come with a big chance of making great money. You can easily get paid $40-60/hour. Note that the business would mainly run during the summer seasons.

Resources : This article provides detailed information on how to set up and grow a pool cleaning business.

17) Moving Service

#17 business ideas for students in school

Description : Both neighbors and students need moving services eventually, whether it's because the academic year has finished and the student is moving back to their homes, or because a neighbor has rented a new house. You can make money (at least $200/moving) if you find it easy to pack items and move boxes.

Resources : Here’s a long article on how to start a moving company, some tips for growing it, and the recommended price you might want to charge.

18) Transcription Services

‍ Difficulty : Low

Description : Transcription services are needed in all kinds of fields, such as law, medicine, and businesses. It also doesn’t require either fixed hours or many skills. On the side, there are many forms of transcription, including video podcasts and recorded lectures, so you will probably be able to select the niche that interests you.

No formal training is needed in order to be able to do transcription services. Good listening abilities, great knowledge of English grammar rules, and fast typing skills would be a perfect combination to get high-quality work done fast.

Resources : Here’s a motivational story on how Benjamin Walker grew a transcription business to +$1M/year.

19) Translation Services

‍ Difficulty : High

Description : Offering translation services isn’t as easy as offering transcription ones. You will need to be bilingual in both languages and know the grammar rules of the two of them. Businesses may not be really willing to offer advanced translation work to students, but they might be if it is basic and unimportant translations.

You could start by translating lectures, books, and articles for professors. There’s a ton of high-quality content in other languages - professors might want to share it with their students but they can’t as it isn’t in the student’s native language. That’s where you can help and charge per word translated.

Resources : Here’s a whole content site dedicated to the business of translation.

20) Photography Services

Description : If you love taking photographs, you can take your hobby and talent into a photography freelancing business. Both students and local businesses may need your services whether because they want to update their Tinder profiles or because they are looking to promote their recently-launched products.

In the beginning, you can start offering all kinds of services, but as you grow the business, you will probably realize there’s a ton of competition and you will need to niche and focus on one segment or one specific photography service in order to be different than the rest.

The biggest issue for this kind of business is the cost of the photography equipment, which, if you’re moving from one place to another, can break and make it even more expensive.

Resources : Make sure to check this guide from Bplans on how to start a successful photography business.

21) Photography Portfolios

Description : Good photography skills need to be appreciated before they get lost in that Instagram page. Any campus will have a few fellows with exceptional skills in photography and videography. It would be easy to make a database of students who are interested in and create a platform to sell their work to others.

The platform could charge a fee to either the photographer or the customer. On the side, it could also work hand in hand with a photography club giving more chances and connections to both sellers and buyers by offering more exposure.

Resources : Here’s a no-code template to build such an app.

22) Food Delivery Services

Description : Create a platform to deliver quick eatables, like sandwiches and smoothies, made by local businesses. Start by targeting firms with employees in younger age groups, who often go out to grab a meal during lunch breaks. This is a gold mine, with food deliveries for simple items that don't break their wallet, the business would be exponential. With options to schedule deliveries made earlier to arrive at lunchtime, this could actually be a problem solver for the firms.

Take a step further and make these homemade too. This way, it is not necessary to rely on multiple third-party services. The food will be authentic, tasty, and have a personal touch to the service.

Resources : Steven Long was the founder of Chowdy, a Toronto-based food delivery startup making $110k/month which had to shut down due to some legal issues. Ali Jiwani is the founder of MealSurfers, a Canadian food startup that made an exit when it was making $7k/month. Make sure to check those two stories and learn from both the wins and mistakes of each.

23) Deliver Food Hampers

#23 startup business ideas for college students

Description : How often have you thought about that mac and cheese your mom makes so deliciously. Or even wondered when you are finally going to eat something healthy?

Well, the lack of time or will to go to a grocery store and cook something is in the least probable category. And the parents are well aware of this too. So design an app where parents can make such orders for kids that would be delivered to them.

This will have the personal touch and love of a package coming from home itself. You could monetize it by taking a shipping fee.

Resources : Entrepreneur.com has a complete article about food hamper businesses. You should check it out!

24) Blogging

Description : Is there anything you really enjoy talking about? Are your friends tired of listening to you talk about it? Then start a blog about that topic, build an audience, and monetize it through ads and premium content.

The startup costs of building a blog are super low nowadays (with a domain and hosting would be enough, so less than $50/year) and the information to grow such a site is free all over the internet.

When we started this site, we had 0 knowledge of how to grow it. Nowadays, it receives +150k users every month from all over the world. Note that it took us 3 years to build such an audience. Consistency is key when blogging.

Resources : GrowandConvert is a content marketing agency that has an amazing blog related to creating and publishing content on the internet. Backlinko is another blog that publishes content-related articles, particularly about the search engine optimization of these.

25) Video Classes

Description : Visual media often makes things easier. That is precisely the reason why we are all so hooked up on Youtube, without having a clue why we are watching a cat playing piano at 3 am. The thought is simple, won’t lectures be so easy to understand with such visuals? With a creative mind and some graphic design skills, it could be put to use for this.

The idea is to make a visual representation of any lectures and offer them to tutors and students. It would make studying so much better and more straightforward. You could monetize it by pricing every video or through a monthly subscription.

Resources : Here’s a great guide on how to make videos look professional without investing much money.

26) Class Notes

Description : We all know those students who are pretty lazy to actually take notes or those others who tend to miss classes under any kind of excuse, right? Those students would be your niche market if you set up a class note business.

There are some people who are really great at taking lecture notes, being able to summarize the information in a nice-looking and concise way. If you are that kind of person, you should consider re-selling your notes to other students. You could sell them independently per class or in packages of all the notes related to one exam or to one semester.

Resources : Make sure to check this well-known book , in which Sönke Ahrens shares his unique technique to take smart notes that are easy to study and learn from.

Description : Where there are students, there are tutors. If you stand out in one subject, you can probably teach it to someone else who struggles to understand it. A common trouble-maker subject is Maths, but note that there are many math tutors as well.

Schools and professors tend to be helpful with students starting their tutor businesses. Some schools even have a database of tutor students, so make sure to check if there is one in your school. The monetization model would be per hour; you can charge anything between $10-$100, depending on the subject, the concepts taught (how advanced they are), etc.

Resources : This article is super inspiring for anyone starting a tutoring business. The writer shares how he is making $1,000/week as well as lots of recommendations and mistakes you should avoid.

28) Organize Trips

#28 innovative business ideas for students

Description : It is a known fact that most of the group plans for a trip but never happens. The WhatsApp groups have seen hundreds of failed plans. It is the time that someone takes responsibility and get things done.

Organize trips to various destinations which could be for events, festivals, or even just weekend trips. You can charge a commission or a fixed amount for an all-inclusive deal.

Resources : Here’s a detailed guide from Bplans on how to start a travel agency.

29) Event Organizer

#29 innovative business ideas for students

Description : Lots of students enjoy parties and socializing, so why not capitalize on it? Everyone is willing to spend $10, $30, or even much more on a great party. These can take all forms and shapes, from organizing a small meetup at a nightclub to running Project X 2.

What will you need? Excellent communication skills to convince everyone they can’t miss such a party (social media is a MUST to promote it!) and advanced organization abilities to make sure everything is in the right place at the right time.

Resources : Here’s a long article from Capterra explaining how to turn those small parties/events you have maybe carried out in the past, into a profitable business.

30) Campus Newsletter

Description : This is quite a unique business idea for students. If your campus doesn't have a newsletter already, it is time to start one. The source of money from this could come from advertisements from local businesses or even other student startups.

The newsletter could be sent as emails rather than printed versions or both. As a third party, a student can even make a deal with the college to create brand awareness among potential students using the letter. It could be used for promotional purposes, branding, and lead generations outside the campus too.

Resources : Here’s an article on 7 tips to create a school newsletter.

Every week, I’ll send you the top 10 startup news and resources and an analysis of a failed and a hot company. Join +30,000 other startup founders!

31) Campus Podcast

Description : Instead of a campus newsletter, you could do a podcast. It could be an interview podcast, talking with students and professors, or more like a solo podcast, talking about the news, events, and things going on in the campus.

The equipment needed is pretty cheap, with the possibility of recording even with your phone. As for monetization, it could be done through sponsorships from local businesses or premium content for those who love the podcast.

I haven’t personally seen this on many campuses, which makes me think this is one of the most innovative and unique business ideas for students on the list.

Resources : Here’s an article on the 5 steps required to start a school podcast.

32) Language Course

Description : Do you excel in any language? Do you enjoy teaching other people? Then you should set up a Skype language course and sell classes to people from anywhere in the world while staying in your home. You could easily charge $20-$60/hour and work part-time on it.

Growing your client base is all about building an online presence and getting referrals from your existing customers. In the beginning, you could boost your initial customers by providing them with a free 1-hour call.

Resources : Here’s a long guide for beginners on how to make $30/hour teaching languages and 6 places to get your first clients.

33) Bookkeeping

Description : You don’t need to have a finance degree in order to be able to manage a local business’s bookkeeping records. An online course or even just some Youtube videos would be more than enough to start with. As all businesses require such work to be done, you probably won’t have big issues finding your first customers.

The initial investment costs are super low, as you can ask the business owner to supply you with the needed tools. As for monetization, most bookkeepers charge per hour and the amount depends on the complexity of the tasks ($30-$100 or more).

Resources : Here’s a detailed video on how to start a bookkeeping business in 2021.

34) Jewelry Business

Description : This is a great startup idea for students because jewelry making isn’t as hard as it sounds. You can easily learn about it through online courses and Youtube tutorials. You will then need to practice a lot until you start getting great results. Profit margins can be really high when you achieve a nice looking product.

There’s a ton of competition in the jewelry space so you will have to identify a niche. Social media (particularly influencers) are among the most usual strategies carried out by this kind of businesses.

Resources : Shopify has a detailed guide on how to start such businesses. Besides that, a few years ago we interviewed , on this site, the founder of a jewelry business that shut down and then emerged again with a new business model just to start making +10k/month.

35) Baking Business

Description : Selling cakes, cookies, bread or other baked goods can be another startup business idea for students. You can easily post an online ad or some leaflets around your campus. Make a client happy, and you will have 3 new ones. The food industry works a lot with word of mouth.

There are two main ways to monetize this. The first would be to prepare the goods based on requests from customers. The second could be to produce 100 cookies, rent a bike, and wander around the campus and neighborhood looking for hungry people. The chosen price for the cookies would be cheaper than if it’s a requested job.

Resources : Here’s a detailed article on how to set up and grow such a business. You should also watch this video from the founder of a “late-night cookie delivery service” in his college city.

36) Youtuber

Description : Becoming a YouTuber looks like a easy and lucrative career. Many see it as a great business plan idea for students because you make videos on a niche that you enjoy and then make money off them through ads and sponsorships. But the reality is that becoming a well-known YouTuber is not an easy feat.

Behind every famous one, there is a long, painful journey of hard work. Start by creating content and keep iterating from there with the help of your audience. It won't be an overnight success, but if you keep going for some time, you'll see amazing results.

Resources : Here’s an article about a checklist to become a successful Youtuber.

How Can a Student Start a Business?

Or in other words, how do you become a student entrepreneur?

The list of business plan ideas for college students mentioned above is nonsense if you don’t now take action toward the chosen business.

If you are a Business student, you probably have an idea of what are the steps that involve setting up and launching a business. However, all kinds of students read this article, so here are some common steps that entrepreneurs carry out:

1) Decide on the idea

All of the business ideas for college students on the list are really interesting ways of making money, but you definitely can’t work on them all.

To decide which to focus on, make sure to think about what you enjoy doing in your free time, what you excel in, and what would you be willing to keep doing even if it doesn’t bring money (or it means negative numbers). We have compiled a list of both online business ideas and offline business ideas so you can pick the one that best suit your needs and skills. We hope we came up with some innovative startup business ideas for students that you would have never imagined.

Make sure to also consider your initial investment. Some featured in the list are business ideas for college students without investment or little resources, while some others will require a few hundred or thousands to start.

Note that some of the above are business ideas for students in university (or would work better with them) and others are business ideas for students in school (those that don’t require much money and getting physically involved).

2) Decide on a niche

Nowadays, there are businesses of all sizes and shapes. Building one has become so easy that the internet is full of websites, millions of videos are uploaded to Youtube every second, and thousands of LLCs are formed every day.

This means that there’s a lot of competition in any industry. The best solution for students who don’t have enough resources to invest in research and development and build a unique product or don’t have the capital required to set up a huge factory and win over competitors through economies of scale (= low pricing), is to focus on a niche.

A common niche could be to geographically limit the business so that you just focus on people within your neighborhood or your college campus. Another could be to focus on people with certain interests and likes.

3) Choose a name and a brand style

Here’s a detailed article on how to choose a name for your startup. The key is to brainstorm many, evaluate each option, and ask for feedback from your partners.

As for branding, here’s another article on how to build the brand of a business. There are free tools to do it. Don’t spend much money/time on it, at least at the beginning.

4) Launch the business

It’s now time to push the LIVE button for your business.

This needs to happen as fast as possible so that you quickly validate whether it is worth it to keep pushing towards that business idea or it’s better to move to a new one from the above list of entrepreneurship ideas for students.

There’s a common issue entrepreneurs face when launching new startups that’s called “ paralysis by analysis ”. They keep improving the product, adding features, changing the design, etc, and spend months and months without launching it.

This is exactly what you need to avoid, especially if this is your first business. 90% of startups fail (I’m sorry to be the one to tell you this), so you need to launch fast, validate early, and move to another business if it didn’t work.

5) Market your business

You pushed the LIVE button and you didn't get any sales, right?

The “build it and they will come” phrase is a completely unreal myth . It will take you blood, sweat, and tears to get your first clients.

Do some advertising, go outside your home and deliver leaflets (there actually are some unique business ideas for students at home above, in case you’re too lazy), knock on your neighbor’s doors, send cold messages to potential customers that you found on Facebook groups, etc.

6) Make sure your customer is happy

Many of the college business ideas tend to market themselves by word of mouth and referrals. That is why it’s essential to make sure that each of your clients is happy with the results.

Interact with your customers, ask them what they think you could do better next time, provide them with a discount if any parts of the job were done incorrectly… there are so many ways to make your client happy, even if the price of the service is high or the quality of the work wasn’t the best.

If the business is going well, you will soon find yourself with many tasks under your belt and little time to work on them, along with studies and extracurricular activities.

That’s when you might start considering hiring your first employee. In order to avoid the risks of going into negative numbers during a bad month, you can work on a commission-based wage.

In this stage, the selection of new team members is essential. Remember that word of mouth can be a key way of promotion and marketing. If you hire someone who has zero knowledge of the tasks they are required for, delivers low-quality work, or mistreats clients, you will soon find yourself ceasing operations.

Now It’s Your Turn!

There is no direct and simple answer to the question of how to start a business in college.

As smooth as the above startup ideas for students may sound, they will all inevitably require a lot of dedication and perseverance.

There is an abundance of resources at your fingertips, from valuable classes to school technologies, and access to professors. So make use of them in the best way possible, and if the idea still doesn’t seem feasible, lay the groundwork for it.

You would be getting practical knowledge and work experience before finishing the course. Even if it fails. Remember that college is the time to blossom and experiment, and it is only the beginning of your life journey.

If you have any questions, have other small business ideas for students you think we’re missing, or want us to help you with your new startup, make sure to reach us at [email protected] !

Which Business is Best For Students?

Here are some of the best businesses: flip websites, re-sell sneakers or tickets, baby or pet sitting, deliver writing, design or development services, start a blog, sell your class notes, become a tutor, organize others’ trips, organize parties, and create a campus newsletter or podcast.

What Kind Of Business Can a Student Start?

Students can start all kinds of businesses, but it’s really common that they start a service-based one, such as house cleaning, pool cleaning, food delivery, content writing, content transcription, graphic design, and website development, among others.

First, decide your business idea and choose the segment of the market that you’ll be serving. Then, choose a business name and design your business’ brand. Once it is launched, market your business in your neighborhood or campus. Finally, hire employees and scale it!

Every week, I’ll send you Failory’s latest interviews and articles and 3 curated resources for founders. Join +25,000 other startup founders!

A content site for startups founders. We publish weekly interviews and short and long-form articles to help you become a better founder.

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Business Plan Creation

Welcome to Our Business Plan for Students Homeschool Curriculum: Business Plan Creation

Do you have a budding entrepreneur? Our eight-week homeschool elective course, Business Plan Creation, allows high school students to create thorough, accurate, and complete business plans. Through both video and printable lessons, students work at their own pace to start the path to entrepreneurial success.

Getting Started with Business Plan Creation, Our Homeschool Business Plan for Students Course

This homeschool elective business plan for students course is designed to enable young entrepreneurs to create thorough, accurate, and complete business plans. In-depth Business Plan Creation lessons are designed to be completed at the high school student’s individual pace and include both printable and video lessons, as well as a number of supplemental resources.

Includes video lessons, text-based lessons, and worksheets
Grades 11th-12th

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Corresponding lessons on SchoolhouseTeachers.com; journal for notetaking and research.

Go to Class Lessons and download the lesson plan and lessons file. Start with the Day 1 assignment. Follow the instructions each day on the lesson plan and check them off when completed. Close Additional Details

More About Business Plan Creation, Our Homeschool Business Plan for Students Course

Bringing value to someone’s life—now that is a worthy endeavor. One way of doing this is by creating a product or service that others are willing to pay for because it solves their specific problem.

If the homeschool high school student has an idea for such a product or service, they are ready to discover its market viability. This business plan for students course shows teens how to research and answer the tough questions that are needed to discover whether their product or service has a chance of succeeding. This includes learning about potential customers, business operations, industry and competitive analysis, marketing, accounting, and much more.

Business Plan Creation is a challenging homeschool elective course, but the step-by-step instructions provide effective guidance. So, come on in, join this self-paced business plan for students course and start the path to entrepreneurial success! Close Course Outline

Course Outline for Business Plan Creation, Our Homeschool Business Plan for Students Course

Eight in-depth video and text-based business plan for students lessons provide entrepreneurial homeschool high school teens with thorough guidance for creating their own business plans.

Lesson One: Laying the Groundwork
Lesson Two: Business Overview
Lesson Three: Operations
Lesson Four: Industry Analysis
Lesson Five: Competitive Analysis
Lesson Six: Marketing
Lesson Seven: Accounting
Lesson Eight: Final Plan
Lesson Nine: Resources and Things to Think About

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Transcript Information for Business Plan Creation, Our Homeschool Business Plan for Students Course

Thoroughly completing this homeschool business plan for students elective course is worth 0.5 high school credit.

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Length: 8 weeks Content type: Video based Grades: 11-12

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SAMPLE BUSINESS PLAN

This is to show a sample business planning for High School Students.

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MUNTINLUPA BUSINESS HIGH SCHOOL the BUSINESS PLAN
MUNTINLUPA BUSINESS HIGH SCHOOL SECTION 1 EXECUTIVE SUMMARY Anime are Japanese animated productions featuring hand-drawn or computer animation. The word is the abbreviated pronunciation of "animation" in Japanese, where this term references all animation. In other languages, the term is defined as animation from Japan or as a Japanese-disseminated animation style often characterized by colorful graphics, vibrant characters and fantastic themes. Arguably, the stylization approach to the meaning may open up the possibility of anime produced in countries other than Japan. For simplicity, many Westerners strictly view anime as an animation product from Japan. Anime stuffs are continuously growing in comics, pins, laces, bags, and others. It has been a way to express someone’s greatness through fantasy. Anime fans continue to be avid. Sometimes they tend to replicate the character they pursue in such a way called ‘Cosplay’. Filipinos really love anime. It is a way of life, a life which makes every single anime believers extraordinary. Here’s ジョシュア’s Anime Store to bring you the finest anime products which are proudly Philippine-made in the lowest price. RYOUKAI!
MUNTINLUPA BUSINESS HIGH SCHOOL SECTION 2 PERSONAL DETAILS THE PROPONENTS RAMIL JOSHUA B. BERNARDO He was born in May 29, 2000 in Jose Fabella Hospital, Manila. His parents are Ramelo I. Bernardo and Lorna B. Bernardo. He is currently studying as a Grade 9 student in Muntinlupa Business High School. In the future, he will be a successful cartoonist for being good in drawing and sketching. LEODIGARIO CORONEL ARELLANO He was born in April 24, 2000. He is the third among the children of Leodigario and Carlota. He finished his primary at Sucat Elementary School Annex. As a 14 year old boy, he is currently Grade 9 studying in Muntinlupa Business High School. To be a successful Electrician is what he wants to be.
MUNTINLUPA BUSINESS HIGH SCHOOL JOSHUA G. BARCE He was born in October 22, 1999. He lives in West Cupang, Muntinlupa CIty. He finished his primary at Cupang Elementary School Annex. As a 15 year old boy, he is currently Grade 9 studying in Muntinlupa Business High School. To be a successful Businessman is what he wants to be. THE ADVISER MRS. MARY ANN JOHNLYN TOLENTINO-DALIMOT She graduated with a degree of Bachelor in Business Teacher Education major in Business Technology in Polytechnic University of the Philippines in year 2008. She is former student of Muntinlupa Business High School (formerly PEDHS – Annex) and she is now one of the Business Teachers that teaches Entrepreneurship and Business Planning in her Alma Mater.
MUNTINLUPA BUSINESS HIGH SCHOOL SECTION 3 OVERVIEW OF THE BUSINESS Muntinlupa’s leading anime store brings you the finest products which are Filipino-made with quality materials. We sell anime-influenced products like anime comics/magazines, pins, laces, and stickers. Founder Joshua Bernardo saw Filipino’s endless support to anime through those stuffs. We believe that in anime, simple things turn to extraordinary. NAME OF THE BUSINESS We name our business as “Joshua’s Anime Store” in which “ジョシュア” means Joshua. We offer anime stuffs for anime fans out there. SECTION 4
MUNTINLUPA BUSINESS HIGH SCHOOL BUSINESS PLAN PROPER THE NEEDS The information below shows the problem/need of the business plan based on the gathered data. 1. IN-DEMAND ANIME STUFFS Because of high demand of anime-related stuffs, our shop is open to bring you the finest products. 2. WEARABLE ANIME ACCESSORIES Accessories tend not to be wearable if its designs don’t look good with the eyes of the buyer and the people around. 3. PROUDLY FILIPINO-MADE ITEMS All the stuffs produced are proudly made by Filipinos specially the students of Muntinlupa Business High School. 4. ONE-STOP SHOP To be able to bring those anime products, a shop with all these items on sale is needed. VISION, MISSION AND VALUES
MUNTINLUPA BUSINESS HIGH SCHOOL The information below shows the mission, vision and values based on the prepared product concept. VISION: “We envision students satisfied with the greatness provided by anime in a fashionable way.” Through our shop, we can see that students of MBHS and other customers will enjoy th greatness from anime. MISSION: “To provide fun, excitement and joy through the assortment of anime stuffs and accessories.” Through our shop, we can bring the finest anime stuffs and accessories for our school and for other customers that is considered Filipino-made. VALUES: “We value integrity as whole and as a team, passion to heart and mind, honesty with all the actions we do, quality to give the customers the best, accountability with each other, and leadership” We work as a whole with strong emotions, fairness and straightforwardness of conduct, excellence, responsibility, and leadership for the benefit of the Anime fans out there.
MUNTINLUPA BUSINESS HIGH SCHOOL MARKETING PLAN The information below shows the marketing plan A, B, and C based on the product concept and data gathered. It includes the features of the product or service, the target audience and the marketing strategies. MARKETING PLAN A Product The product we want to implement is about Anime stuffs and accessories. These are Comics/Magazines, ID laces, pins, and stickers. All are with customized designs. Sample ID Lace
MUNTINLUPA BUSINESS HIGH SCHOOL Sample Comics/Magazine Sample Pins
MUNTINLUPA BUSINESS HIGH SCHOOL Sample Stickers Target Market The products are to be sold to: MBHS Students from lowest level to highest, with age range of 12-16 years old, and who love anime stuffs and accessories. MBHS Teachers who work for the school at the faculty and who are interested to anime stuffs and accessories. Anime Fans who are outside-the-school customers and who really love anime stuffs and accessories.
MUNTINLUPA BUSINESS HIGH SCHOOL Competitors Comic Alley Comic Alley is the no. 1 Anime Shop in the Philippines. It is the largest anime shop with more branches nationwide. It is open Monday to Sunday, 10:00am-9:00pm. Comic Quest Comic Quest is a large, friendly comic book store for serious collectors or casual readers who are tired of dealing with the high prices you find at other comic book stores. Owned and staffed by enthusiastic comic book collectors and readers, Comic Quest carries one of the largest selections of comics, back issues, action figures, statues, movies, books, posters, model kits and graphics novels. Our knowledgeable staff is always on hand to answer any questions. Special orders are always welcome and we pride ourselves on our extension eBay auctions with over 5000 positive feedbacks from satisfied customers.
MUNTINLUPA BUSINESS HIGH SCHOOL MARKETING PLAN B Comparison Chart of Competitors COMPARE Market Share % Good Good Quality Good Good Location Good Good Size of Facility Large Medium Prices Average Average Reputation Good Good Pricing Our store will charge for the good of the MBHS students. It means that our prices will be affordable for students who seem to be our target market. Basically, the pricing is based on the product’s raw price plus a small percentage of interest. Our competitors charge in average. It means that their prices depend on market demand for their avid customers. They charge this way to maintain the competitiveness to the business world. Advertising Our store will use the following tools of advertisement: We will use telephone. This is for a better customer communication.
MUNTINLUPA BUSINESS HIGH SCHOOL We will use newspaper ads. This is for the customers to know that our branch is already open. It would last for a month. We will use posters, signs and billboards. This is for potential customers who walk near the shop, know more about our products. Sample Poster We will use free publicity. This is for other customers outside the school to know the updates to a certain item. We will use public relations. This is to easily present the product to friends, families, etc. We will use sales promotions. This is to capture the pockets of our valued customers.
MUNTINLUPA BUSINESS HIGH SCHOOL MARKETING PLAN C Public Relations To be able to get the attention of the potential customers, we can use the following: Newspapers. It should tell the customers that a new school-made accessory shop is now in the land. It includes the store’s location, the date of store launching, and the store representative. Promotions. We will use flyers and posters to present our products with particular discounts, special prices, etc. to our valued customers. Sample Flyer
MUNTINLUPA BUSINESS HIGH SCHOOL For our products to reach the hands of the customers, we will use the following: We will use Special Prices. This is to attract potential customers to buy a specific item especially to MBHS students. We will use Double Offers. This it to attract customers to buy two or more products with a single price. We will use Event Offers. This is to attract students to join a specific event especially with the Anime Calendar of events and buy an item in a discounted price. Anime Events like:
MUNTINLUPA BUSINESS HIGH SCHOOL INPUT ID Lace Designs PinDesigns StickerDesigns Comics/Magazine Designs Raw Materials TRANSFORMATION PROCESS Gatheringof all DesignsandMaterials Manufacturing the Designs with the Materials Segregation of the products made OUTPUT FINISHED PRODUCTS: Anime ID Laces Anime Pins Anime Stickers Anime Comics/Magazines OPERATIONAL PLAN / PRODUCTION AND TECHNICAL PLAN The chart below shows our own production paradigm based on our product concept. The Production Paradigm Designs for the ID Lace, Pin, Stickers and Comic details will be drawn. After accepting all the designs, it is time to know the materials to be used. It will be manufactured by machines like printer, etc. All the items will be segregated according to their kind: laces to laces, pins to pins, etc.
MUNTINLUPA BUSINESS HIGH SCHOOL ORGANIZATION OR MANAGEMENT PLAN In this part, you will know our own organizational / management chart based on our chosen business. Organizational Chart
MUNTINLUPA BUSINESS HIGH SCHOOL Contribution in the Business POSITIONS DUTIES AND RESPONSIBILITIES 1. President responsible for ensuring that its staff are aware of and fulfill their governance responsibilities, comply with applicable laws and bylaws, conduct board business effectively and efficiently and accountable for their performance. 2. Financial Staff / Graphic Designer in charge of finance-related duties / responsible for creating design solutions that have a high visual impact. The role involves listening to clients and understanding their needs before making design decisions. 3. Sales Staff / Art Designer in charge of sales-related duties / responsible for producing innovative ideas for the visual elements of advertising campaigns in all kinds of media SECTION 5 SUSTAINABILITY This part shows the financial plan, projected cost revenue, projected revenue, projected income statement, and cash flow. FINANCIAL PLAN Capitalization ジョシュア’s Anime Store, the initial capital is P 22,000.00. There will be 3 members. Each of the members shall share P 7,333.33. Monthly Expenses The table below shows our projected expenses per month during the initial year of our operation based on our product.
MUNTINLUPA BUSINESS HIGH SCHOOL Table 1 MONTHLY EXPENSES FIXED COST JANUARY FEBRUARY Rental P 500.00 - P 500.00 - Salaries: 1,120.00 - 1,120.00 - (A)TOTAL FIXED COST 1,620.00 - 1,620.00 - VARIABLE COST (Month) Raw Materials ID Lace P 3,600.00 - P 1,200.00 - Pin 2,880.00 - 840.00 - Sticker 1,800.00 - 300.00 - Comics/Magazines 10,000.00 - 5,400.00 - Telephone Bill --- --- Electricity --- --- Water --- --- Transportation 160.00 - 200.00 - Miscellaneous 1,000.00 - 1,500.00 - (B)TOTAL VARIABLE COST 19,440.00 - 9,440.00 - (A+B)TOTAL MONTHLY COST P 21,060.00 - P 11,060.00 - Table 1 shows the projected expenses per month during the initial year of operation. It is noted that fixed cost is lower than the variable costs.
MUNTINLUPA BUSINESS HIGH SCHOOL Computation of Projected Cost and Revenue Table 2 PROJECTED REVENUE Types of Product/s Costing Projected Daily Projected Monthly Yearly Volume Revenue Volume Revenue Projected Daily ( C x PVD ) Monthly ( DR x 30 ) Revenue ( PVD x 30 ) ( MR x 12 ) C- 15.00 C- 120.00 C- 3,600.00 C- 43,200.00 ID LACE M- 35.00 8 240 SP- 50.00 SP- 400.00 SP-12,000.00 SP-144,000.00 C- 10.00 C- 80.00 C- 2,400.00 C- 28,800.00 PIN M- 15.00 8 240 SP- 25.00 SP- 200.00 SP- 6,000.00 SP- 72,000.00 C- 7.00 C- 70.00 C- 2,100.00 C- 25,200.00 STICKER M- 5.00 10 300 SP- 12.00 SP- 120.00 SP- 3,600.00 SP- 43,200.00 C- 100.00 C- 500.00 C- 15,000.00 C- 180,000.00 COMICS M- 20.00 5 150 SP- 120.00 SP- 600.00 SP- 18,000.00 SP- 216,000.00 Total C- 770.00 C- 23,100.00 C- 277,200.00 31 930 SP-1,320.00 SP-39,600.00 SP-475,200.00 Legend: Cost - C Mark-up - M Selling Price – SP
MUNTINLUPA BUSINESS HIGH SCHOOL Table 2 & 3 showed the projected cost and revenue by month. Based on the table the Total Revenue is P475, 200.00 the combined fixed and variable cost. It indicates that ジョシュア’s Anime Store has the great potential of generating profit. Table 3 PROJECTED COST REVENUE Jan Feb Mar Apr May Jun Revenue 39,600.00 39,625.00 40,000.00 40,300.00 36,200.00 32,615.00 Cost 21,060.00 11,060.00 11,060.00 11,060.00 11,060.00 10,582.00 Projected 18,540.00 28,565.00 28,940.00 29,240.00 25,140.00 22,033.00 Net Profit Jul Aug Sep Oct Nov Dec Total 35,303.00 37,525.00 38,630.00 44,002.00 44,700.00 47,000.00 475,500.00 11,111.00 11,667.00 11,084.00 10,530.00 10,000.00 9,500.00 139,774.00 24,192.00 25,858.00 27,546.00 33,472.00 34,700.00 37,500.00 335,726.00 Table 4 shows that the months from July to September are considered leading months. It is assumed that the business grows by its monthly profit because of old and new consumers of the products. According to the table shown above, January to June are non-peak months (5% loss from the previous month is computed) whereas July to December are peak months (for ___, 10% increase of sales from previous month and 20% for the latter months).
MUNTINLUPA BUSINESS HIGH SCHOOL Computation of the projected income statement for the year ended and cash flow for the first quarter of the year based on our product concept PROJECTED INCOME STATEMENT FOR THE YEARS ENDED 2015 2016 REVENUE P 475,500.00 P 489,765.00 Cost / Expenses 139,774.00 143,967.22 ProjectedNet Income P 335,726.00 P 345,797.78 Projected Income for the year is expected to by at least rise by 3%.
MUNTINLUPA BUSINESS HIGH SCHOOL CASH FLOW 1ST QUARTER OF 2015 January February March Cash Balance Beginning 22,000.00 18,540.00 28,565.00 Cash Inflows 39,600.00 39,625.00 40,000.00 Net Income Cash Outflow Fixed Cost 1,620.00 1,620.00 1,620.00 Variable Cost 19,440.00 9,440.00 9,440.00 Cash Balance Ending 18,540.00 28,565.00 28,940.00
MUNTINLUPA BUSINESS HIGH SCHOOL SOCIAL IMPACT In this part, the social impact of our chosen business is shown by answering the following questions: 1. What is the desired outcome of your business as stated in your vision statements? According to our vision statements that is “We envision students satisfied with the greatness provided by anime in a fashionable way.”, the desired outcome of our business are students, teachers and other customers coming back to buy our student-made/ school-made anime products which boost their greatness being part of the Muntinlupa Business High School community. Customers who wear our products can be easily identified as ANIME LOVER. 2. What are the business activities and its corresponding social impact? Write it in the appropriate column. Business Activity Social Impact 1. Bring Your Own Customized Design Customers will have fun creating their own anime design. This activity measures our customer’s creativity.
MUNTINLUPA BUSINESS HIGH SCHOOL 2. Discount Offers Customers will get our products to their hands in a lower price. This is what usual customers want to happen. 3. Volunteer Student Workers Our shop allows students who seem to be customers, to work with us in spreading our school pride and identity. This benefits them because aside from earning allowances, they can enjoy their time working with other students of our school. 4. School event-related Products Customers will be excited for coming products which are related to a certain event in our school like English Week, Filipino Week, etc. 3. What are your business programs directly benefiting the following stakeholders? a. Employees For student employees, they can be a competitive person joining our shop, ready to face the challenges in their lives being a mature person. They are already earning in their young age. Earning will be easy for them because they are working with their schoolmates or classmates. b. School It mostly benefits our school. Aside from boosting the student’s pride and identity being part of Muntinlupa Business High School community, our shop
MUNTINLUPA BUSINESS HIGH SCHOOL provides advertisements that can encourage outsiders to enter and try our education system. c. Community The community will be proud of the students and for the school. The community is proud of the students because they used their hardworking skills to earn in their young age. Students prove that we are nation’s hope. For the school, the community is proud because it allows students enhance their skills in the working field, which they truly enjoy with their co-students.

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How to Write a Business Plan for Starting a School – 6 Steps

Every kind of business, regardless of its size, needs thorough planning to ensure success in the long run. According to research stated in BPlans.com, some 11,046 companies had excellent business performance due to extensive planning. Another study also found on the same site shows that businesses that do thorough planning grow 30% faster than others that don’t. As you can see, planning is indeed an essential element in running a business.

Download this Free How to Write a Business Plan for Starting a School - 6 Steps Article in PDF

Start with the Executive Summary

State your vision and goals, integrate your market analysis, talk about your school’s possible locations, elaborate on your financial strategies, explain your action plan in detail, more in school.

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10+ High School Strategic Plans – Word, PDF

High school strategic plan example.

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The Purpose of Strategic Planning

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Reasons Why Schools Need a Strategic Plan

1. it articulates a shared mission, vision, and value., 2. it organizes the school and its staff., 3. it defines how success is measured., 4. it aids in decision-making and provides direction., 5. it increases communication and engagement. , public high school strategic plan example.

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How to Develop an Effective Strategic Plan

1. conduct a thorough situation assessment, 2. strategic planning as a review.

Business Mandate Strategy – This refers to how broadly a school interprets its founding mandate.
Sustainability Strategy – This involves how much risk the school is prepared to accept assuming that the strategies indicated in the plan are implemented .
Growth Strategy – The acceptable type and rate of growth.
Financial Management Strategy – This explains how the school generates its funds and how it uses capital.
Technology Strategy – This discusses how the school uses technology to enhance administrative productivity or to deliver a competitive advantage over other schools in the market. You may also like hospital strategic plan examples .
Organization Management Strategy – Determine whether the school focuses on the process or its results as the primary means of managing school activities.
Marketing Strategy – How does the school find and satisfy its customer base (parents and students)? Most schools design special brochures, flyers, and posters to exhibit at educational conventions and school fares. Others even take on a more advanced approach for their marketing strategy through the use of websites and social networking pages.
Service Delivery Strategy – How the school delivers its utmost service to its customer base by balancing efficiency with effectiveness is a critical factor to review as well.

3. Creating vision and mission statements last

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MUNTINLUPA BUSINESS HIGH SCHOOL Sample Stickers Target Market The products are to be sold to: MBHS Students from lowest level to highest, with age range of 12-16 years old, and who love anime stuffs and accessories. MBHS Teachers who work for the school at the faculty and who are interested to anime stuffs and accessories.
How to Write a Business Plan for Starting a School
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