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Local Economy  Seneca County is based mostly of business that employ 1-4 people.  This creates fewer opportunities to get a job in Seneca County.  This.

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Presentation on theme: "Local Economy  Seneca County is based mostly of business that employ 1-4 people.  This creates fewer opportunities to get a job in Seneca County.  This."— Presentation transcript:

1 Local Economy  Seneca County is based mostly of business that employ 1-4 people.  This creates fewer opportunities to get a job in Seneca County.  This Causes more of the population to leave the county for a good job.  Because of the small opportunity for employment, less people are coming into Seneca County for a job.  The major employment sectors from smallest to largest are: Retail Trade (19%), All other (17%), Manufacturing (16%), Local Government (15%), and Health Care/Social Assistance (12%) THIS ALL CAUSES…

2 Local Economy (Continued)  Youths more likely to move when they graduate.  Population Decreases in certain areas.  Labor Force Participation rates are significantly lower than other counties  People are afraid to open a self-owned business  Local Businesses that stay employ few people  Most college/high school grads. leave county but most dropouts stay  People have to drive far distances to get to jobs or places of interest  House values decline increasingly  Majority of houses are low income  Only population increasing is prison population.  Schools close/combine in the future because of decreased attendance

3 Romulus Italian Pizzeria Business Plan

4 Where will our ideal location be?  On route 96  The former fire house  The center of Romulus  A few doors down from the school  Easy access for Romulus community

5 What service or product does your business provide, and what need does it fill?  Pizza, nachos, chicken fingers, and chicken wings, etc.  French fries, onion rings, etc.  Teach teens through hands on experience how to run a business  Job opportunities for teens/other adults  This business will provide a safe and fun place for teenagers to hang out

6 Who are the potential customers for your product or service, and why will they purchase it from you?  Teens  Families  Affordable  Locally Owned  Lack of other food venues

7 Who are your potential employees?  Adults would be needed for jobs that are not legal for teens (cook)  Teens would be the main employees and would shadow managers although there will be adult managers.

8 How will you reach your potential customers?  Grand Opening Sale  School  Finger Lakes Radio Group  Newspaper Such as Ovid Gazette, Finger Lakes Times, etc.  Internet services such as Myspace, Facebook, and Fingerlakes1.com

9 Where will you get the financial resources to start your business?  Bank Loan  Business Loan  Possible franchising  Small business grant  Workforce Development (we will go more indepth on the next slide)

10 How will Workforce Development help our project?  Chris Brown of Workforce Development specializing in small business said, “What a wonderful opportunity.” Also he said, “I know that related projects have been done elsewhere.”  Workforce Development could provide the adult employees so we could focus on perfecting the hands on experience that the teens would be experiencing.  Also if we go through Workforce Development then we can possibly receive small business grants and other funding opportunities.

11 Are we prepared to make a sacrifice?  Yes! Students, especially now, are trying to save money for college  Working at the business would be a hands on learning experience  It would be fun and you serve your friends

12 Will you run your business everyday or just sometimes?  Ideally it would be open seven days a week  Depends on the clientele and the owner.  Schedule would change with the school year and the seasons

13 Will running your business effect your school?  The business might decrease the local attendance of after school activities.  Providing these opportunities would increase the sense of responsibility  This would use the 40 developmental assets that the Search Institute identified as the building blocks for a young person’s healthy development

14 What is our teams motivation?  We believe in Seneca County  We hope that youth will have a future  We want to see Seneca County prosper and to be “put back on it’s feet”

15 Questions or Comments?  ????


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