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By Patty Mayeux
What is your
idea of a perfect school? Imagine a class where you bake cookies and sell them
to your friends. Depending on how
well you did you might be rewarded with a trip to New York City as well as an
“A” in the course. Cool school, right?
That is
exactly what students in Renee Dubber’s entrepreneurship class Academy of
Finance at University High School in Orlando, FL do. You see, Renee had
wanted to teach entrepreneurship to her finance class ever since she traded in
her marketing job two years ago for a career in teaching. Then in May, she
attended the Fourth Annual Entrepreneurship Educator’s Conference in Orlando
and you might say she’s been fired up ever since.
But first, her class had to
come up with a plan. After discussing several business options, they finally
settled on selling Otis Spunkmeyer cookies because they knew the tasty treats
would sell like, well hotcakes, and it would be fun. Besides, the class thought
Cookie Dough Incorporated just sounded cool. The next step was to create a
business plan and from there, things started heating up!
The class
struck a deal with Otis Spunkmeyer Inc. to lease a commercial oven at no charge
and Cookie Dough Incorporated was off to a good start. Then Renee’s husband
found a used oven that needed a few repairs so he arranged for the fix-ups and
the oven was donated to the class.
Now that
they had a plan and the right equipment, the class needed to raise start-up
funds before they could even pre-heat the oven. They decided the best way to
raise the dough was to have a bake sale, of course!
Every one in the class brought five dozen baked goods for the event and
when a hungry buyer snatched the last tasty morsel up, they were on their way to
big business, and the Big Apple.
At the
beginning of each school day, Academy of Finance students check out the number
of cookies they want to sell and at the end of the day, every cookie must be
accounted for. The students also take special orders for sugar, oatmeal raisin,
chocolate chip and “carnival” cookies those are the ones with the
candy-coated chocolates in them. They sell them to classmates and teachers for
30 cents each, four for a dollar or $2.40 for one dozen
No excuses
fly with Renee. “We account for every cookie that comes and goes,” she says.
Even broken cookies must be returned and counted. That’s not a problem for her
students, though, because they are serious about their commitment to the class
and Cookie Dough Incorporated. Each student agreed to sell two dozen cookies
every day in order raise enough money to pay for the four-day trip to New York
City, including air fare, hotel, and all meals except lunches. Renee says the
goal was easily met. In fact, some students sold five to 10 dozen each day.
Three ovens
and a deep freeze are now used to keep up with the ever-increasing demand for
the fresh, hot cookies. During its first year, the business brought in enough
money to pay for the spring trip and more, so students voted on how to spend the
extra earnings, such as adopting some Head Start classes.
“It was
always my goal to integrate business skills in my class,” says Renee. “I
talked to a lot of kids at the Educator’s Conference who had gotten ideas and
started a business on a small scale.” She adds that believing in your ability
to start your own business is a motivational boost for anyone, and her class
gives students the basic skills to do just that.
“I’ve had parents write me letters and thank me for the experience
their child has had and the business sense they have gained,” says Renee.
Cookie Dough
Incorporated has been so successful that Renee is going to continue the business
through the Academy of Finance next year. Her students may not get to choose
their business but they will have a vote on some other important decisions
like where they will go on their spring trip. Renee says the sky’s the
limit. “It’s up to the students where they want to go,” she says. The new
class will have a little help from their friends that is, the friends in
this year’s class. Some of the more than $15,000 total profit from the
business’ first year will carry over to help the new class get started.
The future
looks good for Cookie Dough Incorporated and Renee says next year they may
branch out and sell beverages to go along with the sweet treats. Hmm, Got Milk?
Revised: June 18, 2003.
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