10 Things to Know to Start a Successful School Store

TOPIC FOCUSED
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07

MAR
Status: CONFIRMED
Certification Credits: 1 BCP

$156 Non-Member

[$143.00 Gold Member]

Registration for Webinar has closed

March 7, 2018 • 3 PM ET

One of the most requested discussions this fall at the Business and Operations Academy was how to increase school store interest.

Learn the top key elements needed to start a successful school store. Opening a school store can be an enormously rewarding experience, but also a challenging one. Before you take this on, you will want to learn the top key elements to be successful. This webinar will give you a framework that highlights each step along with tools to be more effective in carrying out opening the school store with excellence and efficiency.

Takeaways:

  • Location of store
  • Vendors
  • Inventory
  • POS systems
  • Branding
  • Mark Ups
  • Mark Downs
  • Employees
  • Student Involvement

Run Time:
Total run time is 60 minutes. The presentation will run approximately 45 minutes with15 minutes designated for Q&A.

Who Should Attend:

Heads of School, Marketing and Communications Directors, Business Managers

staff photo jerry chambers

Jerry Chambers, BCP-E

ISM Consultant | Chief Financial Officer at The First Academy

Expertise

Jerry’s areas of expertise include strategic planning, business office operations, financial analysis, and marketing.

Current Role

Jerry is an ISM Consultant and faculty member for ISM’s Business and Operations Academy. In this role, he provides insight and recommended strategies for managing the business office, effective financial aid policies, strategic financial planning, and more.

Jerry also currently serves as the Chief Financial Officer at The First Academy, FL, a Preschool–12 private Christian school with more than 1,450 students. He joined The First Academy in 2009 and has executive responsibilities over finance, operations, facilities, human resources, technology, admission, international student program, marketing, the school store, and The Virtual Academy.

Jerry helped the school experience a tremendous increase in growth and financial stability. Hard income that covers the operating budget increased from 92% to 108%. Receivables were reduced from $150,000 to an average of $4,780 the past five years. Debt services have been reduced 25% and replacement plans have been established for Operations, Technology, and the Athletic Complex. A school store was added and sales went from $6,000 in 2009 to over $200,000 in 2016.

The school has also initiated a technology plan of $1.8 million and has completed a new Middle School building and a new Field House gymnasium, raising $16.2 million to accomplish these projects.

Prior Experience

Before joining The First Academy, Jerry worked at various senior-level positions in investment banking, retail, transportation, and logistics. In 2015, Jerry was honored as one of the top CFOs in Central Florida by The Orlando Business Journal.

Education

Jerry earned his Bachelor of Science degree in Marketing and Finance at The Ohio State University.

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