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Spring 2001

ISSN 0890-913X

Volume 16, Number 2

Categories: Spring 2001

The Business Plan as Senior Project : Helping Communities in Crisis

Jeanne Dexter, Southwestern College

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TheBusinessPlanasSeniorProject:HelpingCommunitiesinCrisisJeanneDexterSouthwesternCollegeSmallcommunitiesfaceeconomicproblems.Thebestgraduatesoftenmovetometropolitanareas;whileattractingnewventuresisoftentimesfutile.Itistheraresmallcommunitythathasnoemptyretailstorefronts.Apracticalsolutionmighthavebeenoverlooked.Collegeanduniversitybusinessstudentsfrequentlyseekbusinessprojectswheretheycandeveloptheirbusinessknowledgewhileprovidingcommunityservice.ThematchappearsperfectCstudentsprovidebusinessplansforlocallendersandstakeholders,whocan,inturn,attractnewbusinesses.Thepairingofcommunitiesseekingnewbusinesseswithupperlevelcollegestudentsisthekey.Whenbusinessstudentswritecomprehensivebusinessplanswithaparticularcommunityinmind,twoobjectivesareaccomplished:One,thebusinessstudentcanshowdepthandbreadthofknowledgecombinedwithadoseofcreativityandproblem-solving,appropriateforaprojectsuitableforbeingaseniorprojectinbusiness.Second,thecommunitybenefitsbyusingthebrainpowerandtenacityofeagercollegestudents.Thecomprehensivebusinessplanisbeneficialtoall.Theuniversityorcollegesideisrelativelysimpletoadminister.Businessfacultydevelopanoutlineofabusinessplan,whichmustcontainfinancingproceduresrequiredbymostcommerciallenders,aswellasmaterialhelpfultotheSBA.Thebusinessmustberealisticforthecommunityandthebusinessmustbelegalandfitallzoningrequirements.Theresultisanoutlineforaplanthatmorethansufficesformostbanks,whileallowingfacultyto

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Metadata [hide]

Title	The Business Plan as Senior Project : Helping Communities in Crisis
Authors/Creators:	Jeanne Dexter, Southwestern College
Year:	2001
Volume:	16
Number:	2
Pages:	161 - 163
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles

Citation:
Dexter, Jeanne / 2001. "The Business Plan as Senior Project : Helping Communities in Crisis." The Journal of Private Enterprise, 16(2): 161-163.