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What follows are 30 Smart Business Ideas culled from conversations with higher ed leaders that can easily be adopted at most any institution. And if you'd like to submit your institution's own smart business idea, drop us a line at editorial universitybusiness.
Build facilities with shared use in mind. Other building types with shared use potential include continuing education centers, fitness centers, libraries, museums, parking structures, and stadiums. Besides the potential for shared funding, opening up a campus facility to the community often means maximizing the building's use giving a nod to sustainability principles and building goodwill which not only feels good but can come in handy on future zoning requests.
Be smart about studying your economic impact. Economic impact studies can encourage funding, support development, and foster town-gown relations. Interested in carrying out a study? Do your homework first. Consider an outside firm to conduct the study to ensure confidence and reduce skepticism in your constituents.
Just don't file it away after it's complete. The College of William and Mary Va. Having specific numbers to mention pays off big time. Junk the junk mail.
Like other institutions, the University of Idaho processes and distributes large volume of bulk mail, nearly all of which recipients immediately toss in the garbage.
Starting next month, all bulk mail from sources outside the university will get recycled immediately rather than get distributed across campus. Major sources of bulk mail will be informed of the new practice and asked to stop their mailings.
Also, on a department-by-department basis in an effort to encourage e-mail communication, students and staff will have the chance to opt out of bulk mail originating from on-campus sources.
The move will save staff time, decrease fuel and equipment use, and decrease the volume of campus waste to be processed. Ease the classroom space crunch. Harvard and Brown have freed up classroom space by moving administrative functions not directly related to teaching off campus.
And space analysis software helped Boise State University Idaho discover underutilized classrooms; it turns out they were poorly maintained, and spiffing them up made them a hot commodity among faculty and students.
Maximizing classroom space makes for happier faculty and students as well as better utilization of campus facilities, which can mean energy savings.Put simply, a business plan is an outline of goals and the steps needed to achieve them, and while not all businesses require a formal business plan, composing a business plan, in general, is an essential step to starting your own business as it lays out what you plan to do to get your business off the ground.
A business plan is a formal written document containing business goals, the methods on how these goals can be attained, and the time frame that these goals need to be achieved.
It also describes the nature of the business, includes background information on the organization, the organization's financial projections, and the strategies it intends to implement to achieve stated targets. Use and Reprint Rights for Your FAST Business Plan Template.
This template has been written to include instructions for creating your final business plan.
You are free to edit and use the material within your organization. plans to open a second facility. business (called the Catering For Kids), we could offer our students the opportunity to gain valuable work experience for which they can earn both school credit and a stipend, acquire entrepreneurial business skills and achieve.
About this business plan. Catering for Kids is dedicated to providing at-risk youth with an opportunity to gain work experience and transferrable skills by providing our customers with healthy and homemade foods and excellent service at reasonable prices.
Company blog. A company blog is an online publication of short-form articles used to communicate news or insights to a business' customers and audiences.