Friday, July 21, 2006

Things to Consider for MIYB Project 3

Helpful Facts and Hints

Flooring: The original flooring of the business space is hardwood everywhere except for the bathroom, which is tiled.


Licensing: List of Licenses that You Must Apply for in New York (if they pertain to your business, that is.)


Inventory: For finding prices of things that you might need for your store, you may want to look up the items in Froogle, Google's comparison shopping search engine.

Contractors: You're probably going to have to call a contracting agency up to get an estimate on the work you need done. (Example: "Hi, yes, I'd like to get a quote on having a wall knocked out. The measurements for the wall are 12' by 12' by 1' thick.")

MIYB Project 3

Financing


Background
According to the United States Small Business Association, successful business planning takes into account several aspects of designing a businsess. An integral stage in the planning phase is financing. According to the website on starting a business, financing is often what makes--or breaks a business:


While poor management is cited most frequently as the reason businesses fail, inadequate or ill-timed financing is a close second. Whether you're starting a business or expanding one, sufficient ready capital is essential. But it is not enough to simply have sufficient financing; knowledge and planning are required to manage it well. These qualities ensure that entrepreneurs avoid common mistakes like securing the wrong type of financing, miscalculating the amount required, or underestimating the cost of borrowing money. (Financing Basics, my emphasis)

The Project
Today's project will ask you to budget out the projects you did for the last four MIYB days. By the end of the day today, you will need to hand in an Excel Spreadsheet that shows the total estimated startup costs for your business and explain any changes to the business plan you make based on budget considerations.


Here are some resources to help you get started and focused:

______Budget Resources_________
Startup Costs Calculator (This is a good place to get ideas for your spreadsheet)
Contractor Listings (They can give you quotes to help estimate your remodeling costs)


_______Floor Layout________

(To print out the floor layout so that it shows correctly, click on the picture, go to File > Page Setup in the new window that opens up, delete the values for Header and Footer, set all margins to zero, click OK, and then print the picture by clicking File > Print > Print.)

Tuesday, July 11, 2006

MIYB Project 2



(The floorplan that was given to all groups for reconfiguration for their businesses.)

MIYB Project 2

Previously, on Make It Your Business, Project One Contestants did surveys of the East Harlem area to complete a business map of the surroundings. Their task was to put their understanding of the importance of business location to use and apply it to a map of all of the businesses in a six block area stretching from 108th Street to 102nd Street and bordered by Madison and Fifth Avenues to the east and west. They were told to work in two groups and note the business-type and price range of each of the locations on their map, and with the map complete, decide on a hypothetical business and location that would be ideal to start in the area. While neither of the groups completed a map of the entire area they were asked to survey, based on the quality of the maps, it was decided to split the prize pot--100 First Work Clothing Bucks--between both groups. The proposed businesses were a laundromat and a clothing store.

Project Background
* The groups this week competed for a pot of 160 First Work Bucks (20 for each participant involved), and the project was as follows:


The 2-Part MIYB Project last week was as follows:

"THE GOOD NEWS: Your plans for a new business (from Project 1) was approved by Mr. Belvedere Q. Moneybags, and he even went as far as to find you an empty storefront space in the area to start your business.

"THE BAD NEWS: The empty storefront you have is not necessarily ready to be used for your respective businesses. (It used to be a ground floor doctor's office.)

"THE PROJECT: Your job this week is to take the floorplan for the space that Mr. Moneybags has secured and (re)design the space for your business. You can knock out and change any of the inside walls, but you may not change any of the outside walls. (You can't change the shape of the whole building, now, can you?!) Also, you must leave the four dark black square areas intact in your plans. These are support pillars for the building. (If you knock these out, the whole building will come down on your head!)"

Materials
Materials at the students' disposal this week were construction paper, 1000 jumbo popsicle sticks, a large piece of balsa wood, wood clue, scissors, sandpaper, and markers.

Teams
For Project 2, Will, Jonathan, Millie, and Amyra were on "Team Laundromat" and Miriam, Edith, Peggy, Stephanie, and Atenas were on "Team Clothing Store."



Project Development in Action




Friday, July 07, 2006

Make It Your Business Project 2



Make it Your Business--Project 2

Last time in the Make It Your Business project, we focused on location as a key element to any successful business. Today in the Make It Your Business Project, we will be focusing on another aspect of successful businesses--the experience of entering a business's space.

Visit the following websites online and tell me what you think about the experience of being in the space of these restaurants. Take the virtual tours if they are available. Then write a paragraph on each of the businesses.

From reading your paragraphs, I should be able to understand

  • What you see
  • What you hear
  • What you smell
  • What you taste, and
  • How you feel

as you sit in each restaurant.

Wednesday, June 07, 2006

This Week at First Work







Today's prophesy: the IEP--or Individual Employment Plan--that you will start today will be a cornerstone of your work here at First Work.

Background: The IEP is a plan that you will create over the next few weeks to describe your plan for employment and education in the short- and long-term future. It will help you to focus and define what exactly it is that you will call your career. Are you an outdoor- or an office-type? Do you do better as your own boss, or are you a born problem-solver-for-hire?

The IEP is designed where you will express/work out just these points. While some of you have a very clear idea of your career goals, the IEP will be a tool to help you


  • focus your ideas about your career options
  • explore career options you may not have considered before
  • do research on the steps needed to make your career ideas a reality.

Today's tasks:

  1. Log onto www.collegetoolkit.com and register with the site. (You only need to fill out the first page of the registration to have an account with collegetoolkit.com, but if you want to search their database of scholarships, it might help to do a more thorough registration.)
  2. When you are finished registering and have an account, click on services (or go to http://www.collegetoolkit.com/Services/ServicesSearch.aspx). Then go to the Interest Profiler and begin filling out the questionnaire.
  3. When you are finished filling out the questionnaire, you'll see a screen like this:

  4. This screen tells you the category that your dominant interests fall into. The different types of interests and explanations are listed on this page and are based on the results you gave for your profile. At this point answer the following questions in your notebooks: (a) What are your three dominant interest types? (b) What does this say about what kind of person you are? (c) Do you agree that this is an accurate representation of you? Why or why not?
  5. When you are done with these questions, click the "Continue" button at the bottom of the page. When you do so, you are taken to a page that looks like this:



  6. At this point, you definitely should save your progress so far by scrolling down the page and clicking the "Save Answers" button. This will save your responses for the Interests Profiler so that you can always return to this page by following the "Career Briefcase" link and clicking on the "Career Interests Profiler" link.
  7. Once you save your answers, look over the suggested jobs/careers that came up with your search. Check any careers that look particularly interesting and click the "Add to Briefcase" button. (This will save these jobs/careers in your Briefcase so that you can refer to them directly without having to come back to this results page.)

When you have finished saving this information to your account, create a new blog titled "The Beginnings of my IEP" and post the answers to the questions you completed in step 3 above. Then post the answers to the questions below. (Remember, you can always add more to your blog--like pictures, your thoughts, ideas, etc.--than I ask you to do. Adding more will give your blog and your IEP that individual flare that any good web-publication needs.)

  • Of the jobs that were recommended by the results of your profiler, which seemed most interesting to you? Why?
  • Of those same jobs, which one seemed least appealing to you? Why?
  • Were there any jobs/careers recommended that you hadn't considered for yourself before?
  • Do you see a connection between what you answered and the jobs you were recommended? For the job/career that was highest on the list of recommendations, which questions/answers do you think made you an ideal candidate for this type of position?

Remember to put the answers to these questions on your blogs! Happy IEP-starting!

Tuesday, June 06, 2006

Saving Options

To your surprise, you find out that you’ve won the lotto. Then, to your horror, you are told that you won’t be walking off with a Publishers Clearinghouse-sized check for $25,000,000. The lotto that you won is a special kind of lottery; you can only receive your money in one of two ways.

Your first choice is to collect $100 a day for the next 30 days. After 30 days, all payment of winnings stops.

Your second choice also allows you to collect prize money for only 30 days. On the first day, you will collect one cent ($0.01). On the second day, you’ll collect twice what you collected on the first (i.e., $0.02). On the third day, you’ll collect twice what you collected on the second, etc.

Which option would you opt for, and why?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Answerspace:














Monday, October 31, 2005

About the First Work Program

In the fall of 2005, the First Work Program at Boys and Girls Harbor reopened its doors after a programmatic restructuring. Through the subsequent months of program, the current structure of the program was proposed and implemented in the Summer of 2006. An outline of the program appears below.

Application Process
Potential participants who demonstrate an interest in professional development must first complete an application. These applications are designed to capture basic information about the applicant's educational and employment history, as well as capture some information about household income and housing.

In addition to the application, candidates are asked to submit a letter recommending them to the program. This letter may be supplemented by a completed First Work Program recommendation form, which staff alternatively give candidates to satisfy the recommendation component of the application process; however, candidates are told to seek recommendation only from those individuals who are not related to the potential participant and who has experience to speak about the candidate's work ethic and skills.

Once candidates have completed the application and submitted their recommendation form, they undergo an interview with the program director, associate director, or both. This purpose of this interview is threefold; (1) needs and skills of the candidate are considered for program placement or referral, (2) students experience a simulated interview for employment, and (3) the interviewer and candidate speak candidly about the candidate's interview performance and areas for improvement.

It is in this third way that candidates most immediately benefit from intake interviews at First Work. That is, they recieve a copy of the Mock Interview Evaluation Form (see Figure 1, below) at the end of the interview and learn, however the result of their application for participation, what their interviewing strengths and weaknesses are.


Figure 1. The interview evaluation form used in the application interview and mock interviews at First Work.









After a staff meeting, where each participant's candidacy is reviewed, candidates are notified of one of the following: (1) that they will be referred to another program that better matches their needs, (2) that they have been wait-listed for the First Work Program, or (3) that they have been accepted into the First Work Program.

Figure 2. The Internship Readiness Chart used to record students' progress in the program. Items in red are those related to program registration, orange represents mandatory workshops/items, yellow represents individual workshops described below, and green represents internship application items. It generally takes a student 8 weeks to satisfy all the items on this chart.

Program Structure
Once students have been accepted into the First Work Program, they begin their trek through the work training curriculum modified last summer. The training at First Work is divided into internship preparation and internship, and there are two corresponding progress charts that staff use to monitor/display student progress as they make their way through the training. Once students have completed their training, they are eligible for job placement services with staff.


Curriculum
The majority of the training in the First Work Program requires










  • Job Readiness/Life Skills




  • Computer Literacy




  • Financial Literacy




  • Career Exploration