Perennial Strategy Group - 2012 Perennial Youth Business Competition

2012 Perennial Youth Business Competition

Due to increased interest from students outside of the Washington DC area, we have expanded the Perennial Youth Business competition to include students from Maryland and Virginia as well as from Washington, DC.

Application » Personal Statement » Checklist » Application Sent!

Download Application (PDF)

Application deadline is Friday, May 25, 2012 at 11:59 pm, and late applications will not be accepted.

Business Name:

Are you applying as an individual or as a team?

#1 Business Owner's Name:

High School Name:

Age on June 23, 2012:

Birth Date:

Address:

City:

State*

Zip Code:

Phone Number:

Email Address:

#2 Business Owner's Name:

High School Name:

Age on June 23, 2012:

Birth Date:

Address:

City:

State*

Zip Code:

Phone Number:

Email Address:

#3 Business Owner's Name:

High School Name:

Age on June 23, 2012:

Birth Date:

Address:

City:

State*

Zip Code:

Phone Number:

Email Address:

Business Name:

Website:

Is this an existing business or a start-up

Will your business operate year-round?

Description of product or service:

Who are your target customers?

Who is your competition? How is your business different from your competition?

If you're applying as a individual, please explain your day-to-day duties in the business. If you're applying as a team, please explain the roles and duties of each team member:

Business Goals:

Please list two goals for the first year of your business

Please list one or two long-term goals for your business (one to five years):

What training/ classes/ other programs have you completed that give you the skills to start this business? How have they helped?

What additional skills/ training/ support might be needed for you to successfully operate your business?

Business Analysis:

If you are awarded $1,000 in funds to use toward starting or growing your business, how do you plan to use the funds? Please be very specific:

Why are you starting (or did you start) this business?

What are the advantages of your business?

What are the disadvantages?

What do you see as possible challenges in your business?

What do you see as the easiest aspects of your business?

Marketing:

Why will there be a consumer demand for your product or service? What research have you done to determine this?

Where will you sell your products or services?

What will you charge, and how did you determine these fees?

How will you advertise your business?

Financial Summary
Please provide the following financial information.
Start up Costs: (list all equipment or other major purchases needed to start your business)

Item	Quantity	Cost



Total Start-Up Costs:

Sales
(if existing business, use sales from last six months, if a start-up, project sales for next six months):

Product/service	Quantity sold	Income (quantity x price)



Total Start-Up Costs:

Expenses and Description
(if existing business, use expenses from last six months, if a start-up, project expenses for next six months):

Expense Type		Cost
Supplies (describe)
Supplies (describe)
Supplies (describe)
Wages (describe)
Advertising
Other (describe)
Other (describe)
Other (describe)
Other (describe)
Total Expenses:

Projections
(or last six months for existing businesses)

Total Income:
(minus) Total Expenses
(equals) Total Profit

Applications must be postmarked or emailed by 11:59 pm, May 25, 2012. Late applications will not be accepted.

Application

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FAQs

Contact

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2012 Perennial Youth Business Competition

Due to increased interest from students outside of the Washington DC area, we have expanded the Perennial Youth Business competition to include students from Maryland and Virginia as well as from Washington, DC.

Application » Personal Statement » Checklist » Application Sent!