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Allegany College of Maryland: A Business Opportunity Luke Georges, Nicole Trevisani, Jared Gangloff, Kelli Herr
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Table of Contents Recognize the opportunity/define the problem space Specifications Brainstorm Ideas Evaluate Ideas Analysis Components of the business plan Appendix
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There is an opportunity to create an economically sustainable business on the campus of ACM. Available Land
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The local people wanted an affordable educational experience.
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A non-profit corporation is most applicable to our overall mission. NP: Non-Profit Corporation LLC: Limited Liability Corporation Score
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For this opportunity a successful business is one that satisfies all specifications. Pairwise Score
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A course which allows students to create future exhibits will be offered at ACM
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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.
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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
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SAIN will break even after 1.53 years.
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After breaking even, profits will go towards economic and social sustainability. 2/3 1/3
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As a nonprofit corporation we aim to generate economic growth in the ACM region.
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Appendix: Concept Screening
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Appendix: Pairwise Comparison
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Appendix: Concept Scoring
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Appendix: Gantt Chart
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Appendix: Different Types of Businesses http://bls.dor.wa.gov/ownershipstructures.aspx
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