School enterprise Challenge Business Idea Web viewthrough which we will provide seeds to distant...

GYAN MANDIR PUBLIC SCHOOLE- BLOCK , NARAINA

INDIA

BUSINESS IDEA

Written by ´Manvinder ,Devansh

Mrs BabitaWason

CREATED AS PART OF THE SCHOOL ENTERPRISE CHALLENGE AWARDS PROGRAMME – SILVER LEVEL

Section A: Our Business Details

Business NameTHE KRAFT HOUSE

Business ActivityECO FRIENDLY PRODUCTS & HERBAL PRODUCTS GENERATING PROFITABLE ENTREPRENEURSHIP

No. of students involved in business idea activities (including writing this Business Idea)

Boys - 28 Girls - 22 Total - 50

Section B: Our School1. To help you understand our school business better, we will briefly describe our school (e.g. age of the

students; location; environment).Gyan Mandir Public school is an integral part of one of the finest centres of learning in Delhi.

Gyan Mandir Public School with 1500 students is a strong unaided, Co-educational Senior Secondary School for purposeful, value based quality education with emphasis on high standard of discipline, character building, national integrity, simplicity and truthfulness.

The school has highly qualified faculty for secondary and senior secondary departments in academics as well as for co-curricular activities for the holistic development of students.

It has spacious class rooms, well equipped science laboratories, two computer laboratories, Art and Craft and Music room. It has an open stage, an auditorium in the basement, a wide play ground for cricket Tae-kwon-do, skating, Basketball, Volleyball etc. and for other indoor games.

Gyan Mandir Public School stand as a symbol of strength and quality, the beliefs and ideals of the visionary founders of this institution being a constant source of inspiration to all.

1. By imparting a healthy training for all aspects of growth, the school ensures a strong foundation not only for the child and parents but also for the society.

2. It has been a constant endeavor to expose children to various National and International activities. Our school provides democratic environment to enable students to develop multiple skills.

3. Curriculum that goes beyond academics incorporates within itself various experiences, adventures, leadership training and service to society, which make their journey to self

1SILVER Business Idea Template 2017. ©Teach A Man To Fish

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realization a fulfilling one. 4. The school has won many laurels because of the consistent and untiring efforts of the highly

qualified faculty who keep no stone unturned to provide the best of education to students. 5. The teachers are master trainers in Life Skills, First Aid, Value Education, ASL and CCE. ‘Explore,

Dream, Discover’. The school believes that it does not matter where we come from, all that matters is where we are heading.

6. The school has organized various vocational skill oriented courses cum subject like Financial Market

7. The school has been Ranked No.1 ‘Value for Money’ by Educational Today Co. and has been honored as ‘First Money Smart School of India’ by National Institute Of Security Management – National Centre of Financial Education (NISM-NCFE)

G:lobal Perspective.Y:earn for excellence in curricular and co-curricular activities.A:ssociate students with community.N:urture love and respect for every living being around.

M:otivate one & all to be responsible citizen.A:im at quality education.N:urture innate talents of child.D:evelopment of child’s personality.I:nculcate rich Indian cultural & social values through moral education.R:elevant joyful value based learning.

MISSION

Our mission is to rise above the confines of conventional teaching, to train students to comprehend and revere human values, to impart meaningful knowledge that enables students to become global citizens and to create a child centric school so that students can widen their horizons and scale new heights of achievement and glory.

Section C: Our School Business Experience2. Here is a brief description of the school business we ran before/are currently running, including the

products/services we sold/are selling. Our school business included creation of handicraft products out of waste material. These recycled products were categorized under the following heads:-

1. Ready to eat nutritious food - Chocolates, Lemonade, Sprouts, bhelpuri, paapdi2.Stationary Items – decorative pencils, pencil toppers3.Best out of waste Products - Greeting cards, Envelopes, Folders, Bookmark, Compost (manure)4.Fashion Products - Ruffles, Headbands, Tic Tac, Scarves, Rubber Bands, Friendship Bands, Radium Bands, Spring Bands5.Handicrafts - Earthen Products, Diyas6. Festive products- Rakhis, Maulis, Karva Chauth Thalis, etc.7.Compost—Generated from biodegradable waste, garden or park waste, such


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https://en.wikipedia.org/wiki/Park

https://en.wikipedia.org/wiki/Garden

as grass or flower cuttings and hedge trimmings

“Our focus has always been to produce handmade eco-friendly products using waste clothes, old newspapers, dead leaves, vegetables and fruits peel etc.”

This year we are planning to diversify our business by adding new products and sell these products in areas beyond our school locality along with the areas in which we were already selling.

Section D: Our Resources3. Considering our school’s physical resources, skills and location, these are the resources available at our

school we can use to develop our business:


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PHYSICAL RESOURCES

MULCHY-BULCHY & ROLLY-POLLY (MANURE PRODUCING MACHINES)

SCHOOL COMPUTER AND OTHER

ELECTRONIC GADGETS

SCHOOL PREMISES FOR GARDENING,

COMPUTER LAB AND PRODUCTION

SCHOOL CANTEEN (FOOD WASTE

MATERIAL & KITCHEN APPLIANCES)

E-WASTE PRODUCTS PROVIDED BY

SCHOOL STUDENTS


https://en.wikipedia.org/wiki/Hedge_(barrier)

https://en.wikipedia.org/wiki/Flower

https://en.wikipedia.org/wiki/Grass

In our school ,the following procedure of waste management is being adopted

The students are encouraged to put all non –biodegradable wastes like plastic bottles ,leather , aluminum foils etc in the blue bin and the biodegradable wastes like fruit or vegetable peels, their leftover food in the green bin. Even the helping staff, canteen workers, gardeners are also directed to do the same.

MAKING OF MANURE

Once this is done all the organic waste is converted into useful manure with modern tools for compositing such as Rolly- Polly and Mulchy- Bulchy. This is done by our Waste Management Team under the guidance of teachers.


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Segregation of waste – “TWO-BIN SYSTEM”

FIRST MONEY SMART SCHOOL OF INDIA


LOCATION: Our school is centrally located; we have shops nearby in our neighbourhood which are willing to sell our products. Thus this will help to expand our market.

Section E: Brainstorming Business Ideas4. a) These are the five business ideas we thought of when brainstorming a new idea or a way of

diversifying or growing the existing one: Investment from parents----We considered asking the parents to invest in our business Taking loans from banks---We considered taking loans from banks Providing services---We considered performing skits and dances and asking the students to buy

tickets for the same Using the available internet services---We considered making use of our Internet

services, by utilising our school premises i.e. Computer labs, and hardware system, along with IT Experts involved in SEC to enrol the ladies residing near our school for basic computer learning at nominal change.

Gardening and landscape projects i.e. production of manure , herbal plants, selling herbal drinks and saplings

Recycling of e-waste, by collecting and sending e-waste collected to recycling centres like Nokia centres and other telecommunications shops.

Making Decorative Handmade Products, utilising the waste products (shoe boxes, old chart papers, etc) to prepare decorative items like wall hangings, bird feeders, diyas, mobile pouch, etc.

Skin Care Products, made by utilizing herbal plants from our school garden for making face packs, aloevera gel, lip balms , etc .

At Gyan Mandir Public School, the students are taught that,

Waste management is important because improper waste management is a threat to health, safety and economic problems.

Awareness is created in them about the fact that all living organisms create waste, but humans


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OUR SKILLED TEAM

GARDENING SKILLS:NANCY JAISWAL (XII-B)PURVI SHARMA (XII-B)

ARTISTIC SKILLS:AYUSH TANWAR (XII-B)

S. ANJANA (IX-A)

TAILORING SKILLS:MANVINDER KAUR (XII-A)

CHARU TANWAR (XII-B)


create far more waste than other species.

To prevent damaging the Earth’s ecosystems and maintain a high quality of life for the planet’s inhabitants, humans must manage and store their waste efficiently and safely.

MAKING THINGS OUT OF WASTE

b) The business we chose for our Silver Award is: GIGO - GARBAGE IN GOLD OUT AND PROMOTING HERBAL PRODUCTSTurning green waste into manure and making decorative gift items (mainly from waste material and e-waste)Gardening projects and Decorative handmade items

And these are 3 reasons why we chose this idea: Reason 1- Since we had already made manure last year by using green waste from our

school campus and we had already made profits by selling manure during open day, P.T.A meetings. We thought of expanding the business by collecting green waste from nearby households, street vendors and vegetable sellers of our locality.


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Reason 2 -It will help to develop craft skill in students which can be helpful for them in their lives later.

Reason 3 - Making Gold from Garbage will lead to Self Sustainable waste management System in the school.

IDEA OF DEVELOPING SCHOOL HERBAL GARDEN

We have an herbal garden in our school because we believe that plants have a long and rich history of medicinal use and even in the era of modern medicine, the medicinal plants can be used due to their healing properties. Many species such as Aloevera, turmeric, neem, mint, tulsi etc. are already being planted in the herbal garden.Now we are planning to take the students to visit the medicinal garden to visit the medicinal garden and they will be familiarized with their common and botanical names.By doing so the students will understand that Medicinal herbs treat most of the health ailments and work wonders with their juices, extracts, barks, leaves, flowers and sometimes the entire plant. This will develop the skill of concern for nature in the students. The students will be told that these herbal plants can cure ailments like indigestion, stings, eczema, ulcerative colitis, toothache and many more.

Reason 1 - The students will be made to grow and tend to these plants with the help of the School Gardener. Thereby developing the skill of empathy towards the environment in the students. The herbs grown by the students will be sold during the Open day. The students will also be trained to make herbal drinks from these herbs. These too will be sold in the school premises after sometime. We are also planning to sell these herbal drinks in the school canteen after we are able to generate some funds, which will reduce their dependency on colas and other aerated drinks. This will help to develop the skill of Team Spirit in them.


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Reason 2 - The students will also be encouraged to grow these herbs at home also. The students will be told that the medicine made from herbs have no or fewer side effects due to a balance of naturally occurring ingredients whereas the common medicines or drugs that they or their parents consume is a synthesized copy of chemical components. The herbs grown in the school will be provided as gift items for guest and others.

Reason 3 - We will also initiate the SEED BANK PROJECT through which we will provide seeds to distant places as we believe that by word of mouth the customers will buy them. This will develop entrepreneurial skills in the students. The students will be encouraged to package these seeds and will then be taken to the nearby shops to be sold by them thereby developing their marketing skills.

5. Our final Business Idea will be sustainable and have a positive impact on the environment and our community because:

ENVIRONMENT i) Products will be made by reusing and recycling waste which will benefit the planet to be cleaner and greener (including e-waste).ii) It will help in waste management and making the school “zero garbage”.iii) The idea of growing herbs at home will provide fresh air in their homes and also will help in greening the area.

COMMUNITYi) Production of the recycled products will be handed over to the Economically Weaker Sections of the society who will sell and earn money by generating employment.ii) In our school 25% of the students belong to economically weaker section that are not able to meet their needs on the daily basis and our school provide them with free education yet empowering them with the skills like artistic, business marketing skills to brighten their future that will encourage them to go in bright skill oriented careers introduced by our PM Narendra Modi. iii) Some part of our profit generated we will be distributed to NGOs like Goonj and MCD schools.iv) Once our school herbal garden starts producing good quality of herbs, our school will serve as a NODAL HERBAL CENTRE for other schools. Through this endeavor the skills of interacting with the community will be developed in the students.

Section F: Financing our growth and development


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6. Here is a description of how we are planning to finance our business, including how we are going to raise the money needed for our school business.

1. We are planning to include the students of all the classes in the venture. We will ask all the students to bring at least 5 old newspapers from home. We will then sell these newspapers and use that money also.2. Initially we are planning to collect biodegradable waste, green waste from within the school, from street vendors, vegetable sellers as well as the nearby houses. All these will be put in vermin-composting pit. We will make compost, package them ourselves and sell it on PTA meeting, in the locality. 3. Another idea we are working upon is that of collecting E waste from students and making useful things like toy cars from damaged batteries, motor, etc to be sold in market. We are also thinking about collecting e waste and handing it to companies like NOKIA who have promised to give us cash incentive if we collect large amounts of e waste.4. A team of 50 students will be formed. They will be responsible for collecting waste materials from classes, Art and Craft Room, School Tailoring Shop, Maths Activity Room etc. These waste materials like left over glaze papers, mirrors, velvet papers and newspapers will be used for making pencil toppers, mobile covers, envelopes etc.5. We will be involving mothers of our school students who will take initiative with us and help to make mobile covers, pouches, pencil toppers, envelopes, file covers, etc. by using old clothes and other stationery waste. 6. Selling herbal drinks produced at our own herbal garden at open days and in our school canteen which will be cost effective.


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Section G: Appendix

Please find in this space our completed Resource Assessment template, our Feasibility Study template and 3 photos (when possible) that clearly show our involvement as students in business idea activities.

Does your school have any natural resources?

YES NO IF SO GIVE DETAILS

Water YES 24 HOURS WATER SUPPLY

Land or Farmland YES A BIG PLAYGROUD FOR HORTICULTURE

Anything else e.g. beach, palm-trees,

NO

Does your school have any physical resources? Rubbish that can be recycled Electricity or a generator

YES WE HAVE TWO BIN SYSTEM AND VERMICOMPOSTING PIT AND PROPOSED FOR A SMALL BIOGAS DIGESTER AND SOLAR PANELS

Machinery or equipment e.g. a paper recycling machine

YES WE HAVE A PAPER RECYCLING MACHINE

Buildings e.g. school hall YES A BIG BUILDING, AN AUDITORIUM

Electricity or a generator YES WE HAVE REGULAR ELECTRICITY SUPPLY BACKED BY A GENERATOR

Internet YES 24X7 INTERNET CONNECTION

Computers YES 45 COMPUTERS,4 LAPTOPS

Printer YES 5 PRINTERS

Anything else e.g. sewing machine, motorbike

YES STAFF CARS, MOTOR CYCLES, CYCLES.

Is the location of your school….Near a big town or city YES IT IS IN THE HEART

OF THE CAPITAL OF


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INDIA

Near a Tourist Attraction e.g. Safari Park

NO

Near industry e.g. a textile mill

YES IT IS VERY CLOSE TO A FAMOUS INDUSTRIAL AREA

In an area with fertile land NO

Anything else e.g. near a market

YES IT IS CLOSE TO A MARKET AS WELL A BIG AND FAMOUS CINEMA HALL

Are there students in your team with…..?Arts, Crafts or Tailoring Skills

YES AYUSH (XII-B)MANVINDER (XII-A)CHARU (XII-B)

Computer, Internet or Media skills

YES LAKSHAY (XI-B)DEVANSH (XII-A)

Farming or Cooking skills YES NANCY (XII-B)PURVI (XII-B)

Maths and accounting skills YES RANJEET (XII-A)SHIVAM (XII-A)

Sports skills, Music or Dance skills

YES PURVI (XII-B)CHARU (XII-B)

Language or Teaching skills YES MANVINDER (XII-A)

Anything else - - -

Are there students in your team who know how to….? Undertake Market Research YES DEVANSH (XII-A)

MANVINDER (XII-A)

Keep good accounting records

YES RANJEET (XII-A)

Write a Business Plan YES MANVINDER (XII-A)

Calculate our Net and Gross Profit

YES RANJEET (XII-A)SHIVAM (XII-A)

Write a Financial Plan YES MANVINDER (XII-A)DEVANSH (XII-A)

Are there students in your team who feel they are….? Good at meeting new people (networking)

YES TEAM MEMBERS ARE PRO-RACTIVE AND


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APPROACHABLE (FACEBOOK, BLOG ETC.) WHICH HELPS IN BRINGING NEW CUSTOMERS

Good at listening to other people (teamwork)

YES OUR STUDENTS FOLLOW AN EFFECTIVE ORGANIZATION STRUCTURE WITH CLEAR AUTHORITY RESPONSIBILITY AND RELATIONSHIP TO ACHIEVE COMMON GOAL.

Good at finding solutions to problems (resilience)

YES WE FOLLOW THE PATH TO REACH THE ROOT CAUSE OF THE PROBLEM AND THEN RECTIFYING IT

An organized person who always finishes their school work (time management)

YES WE FIRST LIST OUT THE TASKS TO BE DONE IN ORDER TO REDUCE HASSLES DURING ACTUAL PRODUCTION PROCESS

Good at talking to new people (communication)

YES OUR TEAM BUILDS TRUST OF ITS CUSTOMERS BY LISTENING AND RESPONDING PROMPTLY TO CUSTOMERS’ NEED AND SUGGESTIONS

Good at understanding other peoples’ problems (empathy)

YES WE HAVE AN EFFECTIVELY WORKING CUSTOMER REDRESSAL CELL


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Analysing your Resource Assessment

COLUMN A

List of School Resources

COLUMN B Have we already used this resource in our business (currently or in the past)? (Y/N)

COLUMN C

If NO, could we use this resource to start or develop our business? (Y/N)

Mulchy-Bulchy/Rolly-Polly YES- Manures, composting

Computers and printers YES- Account Management, Advertising & Communication

Internet services NO YES – Internet Café services during vacations

School Canteen YES- Kitchen appliances (Healthy snacks) & kitchen waste (manures)

Gardening equipments YES- Herbal plants, Saplings and planters, sprinklers


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OUR SEC TEAM



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BRAINSTORMING

1. At first we will ask the parents for kitchen waste and even go door to door to collect bio-degradable waste and e-waste for composting and recycling. 2. With this waste we will be producing manure and will be selling it.3. We will also be collecting e waste, from the students as well as nearby areas. We will be using the e waste for making useful products which we will be selling at the PTA Meeting. We will also be sending some e-waste to recycling companies like Nokia who would be giving us cash for the e waste collected.4. We would be further selling all the recycled e-waste and manufactured manure to the customers and hence generating funds for further production. 5. With time people will gain faith in us and would be coming to handover the waste themselves. 6. With this we would be looking forward to expand our business and generating more profit. 7. We will be diversifying out ---we will be producing more and varied products and expanding our markets.

GROWTH DIVERSIFICATIONMake 20% more nutritious snacks Start to make and sell baked food items like

namkeens, sweets & snacks

Make 10% more Stationery Items to be sold in new market

We will add pen holders, file covers and customized files

Increase 15% more sale of Best out of waste products

Addition of Photo Frames, Bottle Lamps &Pencil Boxes

Make 20% more Handicraft Products Bird feeders, pouches, sculptures & fragrance candles

Make 10% more Fashion products Crystal Hair bands, earrings, stoles & block printed dupattas

If you are going to sell a product: YES NO If NO, how can you overcome it?

YES NO If NO, how can you overcome it?

1. Would most consumers consider the product attractive or useful?

YES

2. Is the product easy to store and transport?

YES

3. Does the product have a long lifespan (i.e. it won’t go off, wear out or go out of fashion)?

NO TO OVERCOME THIS DRAWBACK WE WILL EMPHASIZE ON KEEPING PACE WITH CONSUMER INTERESTS, TASTE & PREFERENCES

4. Is the product safe for customers to use or

YES


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consume?

5. Is the product easy to make?

YES

6. Do you have access to the necessary materials?

YES

7. Will the product be in demand all year round?

NO WE WILL KEEP ON GENERATING MORE INNOVATIVE AND ATTRACTIVE PRODUCTS TO GENERATE CONSUMER INTEREST.

8. Is the product easily packaged and transportable?

YES

9. Will you be able to sell this product at a price that will cover the costs of making it and still generate a profit?

YES

10. Does this product have a low start-up cost?

YES

11. Does making/selling the product have educational value for the students?

YES

12. Overall - does this seem like a good business idea?

YES

CONGRATULATIONS on coming up with a Business Idea! Submit NOW!Remember to submit your completed business idea to the School Enterprise Challenge Awards

Programme by logging in to your account at: www.schoolenterprisechallenge.org/login


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