2nd place 20-PAGER
DECA Competitive Event | Entrepreneurship Business Growth Plan 2024
In April of 2024, Jeremiah and his business worked to create a 20-page growth plan about their brand, God's Apparel & Co. They went onto compete at DECA's ICDC where they took home a national 2nd place win.
Challenge:
The prompt for the Entrepreneurship Business Growth Plan was to write a twenty-page paper on how a student's own business can grow. We highlight current aspects of our business and talk about how we can scale it.
approach
  1. I. EXECUTIVE SUMMARY
    • One- to three-page description of the plan
  2. II. INTRODUCTION
    • A. Type of business owned and operated and a description of the current business operations
    • B. Products and/or services offered
    • C. Unique characteristics of the business
  3. III. SWOT ANALYSIS
    • A. Strengths of the business
    • B. Weaknesses of the business
    • C. Opportunities available for the business
    • D. Threats to the business
  4. IV. FIVE YEAR PLAN TO GROW AND EXPAND THE BUSINESS
    • A. Expansion opportunities
    • B. New market analysis
    • C. Marketing plan
  5. V. FINANCING PLAN
    • A. Current financial situation, including financial documents
    • B. Fixed overhead and cost of operations
    • C. Capital needed for expansion opportunities
    • D. Time to achieve profitability
  6. VI. CONCLUSION Summary of key points
No items found.
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Outcome
The outcome? We won second at DECA's national competition! About a quarter million kids compete at the national conference every year and over 500 teams compete in our event! Not too bad in my personal opinion.

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