Gram Evans Presentation

The presentation and exercise by Gram Evans was a very interesting hands-on team based approach to understanding various aspects of a business plan.  We were introduced to FWCAT (the Federal Way Coalition Against Human Trafficking), a non profit business, and had to make a mock business plan/canvas around their business based on a short description of how their business works.  He introduced us to the business model canvas, which is a chart containing nine boxes (Key Partners, Key Activities, Key Resources, Value Propositions, Customer Relationships, Channels, Customer Segments, Cost Structure, and Revenue Streams) that are filled in to help expand and create your
business plan.  What we found during the exercise is that creating a business plan for a non profit organization is even more challenging than creating one for a for profit company.  The point of the exercise was to help us to do something more difficult so that when applied to our own business idea it would be much easier.
After this exercise I started thinking about how my business idea would fit into this template and got hungry for ramen, and decided to change my business idea to a ramen shop in Graham, as the nearest one to my house is over half an hour drive away.  The location could be in the Safeway parking lot on the corner of 224th and Meridian, as there are many small shops in the strip malls in the area that could be used.  The materials needed would be all the materials needed to produce the ramen, including the appliances to cook it, and the food handler's card to be allowed to sell it, as well as the utensils to eat it with such as bowls, forks, and chopsticks.  There would also be costs associated with renting the property, and paying for the heat, water, and electricity bills if not included in the renting cost.