Hdl Handle:
http://hdl.handle.net/10675.2/565785
Title:
Augusta Training Shop: Snowflakes
Authors:
Holsey, Alisia; Smith, Kelsey; Whitaker, Dantavious; Medcalfe, Simon
Abstract:
The Augusta Training Shop was founded in 1947 as a daycare, but transformed into a work training facility for adults with mental and physical disabilities. The Training Shop’s main business was furniture restoration which was supported by donations and fundraisers such as derby days. In 2012, the executive director of the Augusta Training Shop, Audrey Murell, designed a fundraising program to aid in supporting the nonprofit. Snowflakes could be made by mentally and physically challenged workers from cane used to restore furniture. In 2013, the first full year of production, the snowflakes generated revenue of close to $25,000. In 2014, while attending a trade show, Audrey was asked if she could provide a bulk purchase discount. This raised several unanswered questions: How big of a discount could be given to wholesalers? The Training Shop was faced with a dilemma if they gave too big of a discount, would the company take a loss on the snowflake fundraiser? Moreover, Audrey was left clueless when it came down to the average cost to produce each snowflake. She knew that the snowflakes could bring in more revenue to help cover some of the higher expenses in the nonprofit, but were they profitable? Audrey had to adapt to an actual business mindset for her to be able to produce the snowflakes. She needed to figure out her direct cost and indirect cost per snowflakes in order to become successful with the snowflake fundraiser. Overall, her long-term goal was to create more jobs, revenue, and to spread the gift of the snowflakes among other nonprofits.
Affiliation:
Hull College of Business
Issue Date:
10-Aug-2015
URI:
http://hdl.handle.net/10675.2/565785
Type:
Presentation
Description:
Poster presentation given at the 2015 CURS Summer Scholars Symposium
Sponsors:
Office of the Provost, VP for Academic and Faculty Affairs, Office of Research
Appears in Collections:
Summer Scholars Program

Full metadata record

DC FieldValue Language
dc.contributor.authorHolsey, Alisiaen
dc.contributor.authorSmith, Kelseyen
dc.contributor.authorWhitaker, Dantaviousen
dc.contributor.authorMedcalfe, Simonen
dc.date.accessioned2015-08-10T22:37:35Zen
dc.date.available2015-08-10T22:37:35Zen
dc.date.issued2015-08-10en
dc.identifier.urihttp://hdl.handle.net/10675.2/565785en
dc.descriptionPoster presentation given at the 2015 CURS Summer Scholars Symposiumen
dc.description.abstractThe Augusta Training Shop was founded in 1947 as a daycare, but transformed into a work training facility for adults with mental and physical disabilities. The Training Shop’s main business was furniture restoration which was supported by donations and fundraisers such as derby days. In 2012, the executive director of the Augusta Training Shop, Audrey Murell, designed a fundraising program to aid in supporting the nonprofit. Snowflakes could be made by mentally and physically challenged workers from cane used to restore furniture. In 2013, the first full year of production, the snowflakes generated revenue of close to $25,000. In 2014, while attending a trade show, Audrey was asked if she could provide a bulk purchase discount. This raised several unanswered questions: How big of a discount could be given to wholesalers? The Training Shop was faced with a dilemma if they gave too big of a discount, would the company take a loss on the snowflake fundraiser? Moreover, Audrey was left clueless when it came down to the average cost to produce each snowflake. She knew that the snowflakes could bring in more revenue to help cover some of the higher expenses in the nonprofit, but were they profitable? Audrey had to adapt to an actual business mindset for her to be able to produce the snowflakes. She needed to figure out her direct cost and indirect cost per snowflakes in order to become successful with the snowflake fundraiser. Overall, her long-term goal was to create more jobs, revenue, and to spread the gift of the snowflakes among other nonprofits.en
dc.description.sponsorshipOffice of the Provost, VP for Academic and Faculty Affairs, Office of Researchen
dc.subjectBusiness Operationsen
dc.titleAugusta Training Shop: Snowflakesen
dc.typePresentationen
dc.contributor.departmentHull College of Businessen
All Items in Scholarly Commons are protected by copyright, with all rights reserved, unless otherwise indicated.