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Allegany College of Maryland: A Business Opportunity Luke Georges, Nicole Trevisani, Jared Gangloff, Kelli Herr
Table of Contents Recognize the opportunity/define the problem space Specifications Brainstorm Ideas Evaluate Ideas Analysis Components of the business plan Appendix
There is an opportunity to create an economically sustainable business on the campus of ACM. Available Land
The local people wanted an affordable educational experience.
A non-profit corporation is most applicable to our overall mission. NP: Non-Profit Corporation LLC: Limited Liability Corporation Score
For this opportunity a successful business is one that satisfies all specifications. Pairwise Score
A course which allows students to create future exhibits will be offered at ACM
Customers need affordable options. When a customer visits two tech exhibits, they can visit a third free of charge. Customer visits must be on either different days or different locations.
Financial Projections At a price of $10 per ticket, we need an average of 175 people per day to pay off our annual operational cost Customers expected per day: 200 $250 profit per day
SAIN will break even after 1.53 years.
After breaking even, profits will go towards economic and social sustainability. 2/3 1/3
As a nonprofit corporation we aim to generate economic growth in the ACM region.
Appendix: Concept Screening
Appendix: Pairwise Comparison
Appendix: Concept Scoring
Appendix: Gantt Chart
Appendix: Different Types of Businesses http://bls.dor.wa.gov/ownershipstructures.aspx
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