Putting It into Practice

image courtesy of Allposters

As a result of Autumn attending her Entrepreneurial Leadership camp, she came home equipped with a whole new set of skills. She can write a business plan, and a financial plan. She learned about marketing, and a whole slew of other business solutions.

Autumn has been baking for a neighbor for several weeks. She had been paying me for ingredients, utilities, and so on. This week, I had her buy her own supplies. We went to the grocery on Wednesday, and she had her list in her hand. She bought flour, sugar, Crisco, butter, vegetable oil, brown sugar, confectioner's sugar, eggs, nuts, jam, and chocolate chips. She was quite surprised when she got to the register and the total was $42!

When we got home, I had Autumn measure how many cups of flour, sugar, and so on were in each bag. From there, she figured out the price per cup of everything. This way, she could figure out exactly what each recipe was costing her to make it, and she could see what her profits were. She made a table of the cost of ingredients so that she can figure future recipes out quickly.

Last night after she finished baking for another customer she had two dozen cookies left. She divided them evenly. She then made a flier with a list of her cookie choices, and her phone number. She walked around the neighborhood giving out samples and fliers. She got another order on the spot. She'll be baking again today!