P.Y.T (Preparing Youth For Tomorrow)
Learning Skills Today for Tomorrow's Job Market
HWC is working to create local leaders of the future by working with children in grades 7-12 by providing students with the basic concepts of building community.
Building any community starts with understanding the engine of the community, local businesses. This program seeks to provide to its participants the basic economic concepts that drive all responsible decision making, while at the same time, giving them valuable tools to help them think strategically about their future.
These concepts and skills combined with the imagination and energy of youth, will propel participants to embrace and build their community through entrepreneurship.
Project Outline
Higher Work Collaborative in partnership with Representin’ Inc. will encourage students to explore and learn about the elements of a good business plan.
Students will be asked to create:
- Basic Business Plan (Presentation & Written Document)
- Executive Summary
- Marketing Research
- Organizational Structure
- Start-up cost
- Financial Projection for two years
Value
Entrepreneurs build and innovate businesses, create jobs, sponsor events, teach independence become local leaders and most importantly pay taxes. But it starts with a grounding in basic economic concepts. Teaching concepts such as opportunity cost or compound interest have their greatest impact when students can observe the direct results of these concepts by calculating the bottom line, creating a budget/business plan.