2Puggles started with this...
Then the students joined in...
and now we are ready to take it up a notch....
My goal is to use the purchase of a wood laser engraver to build 2Puggles into a profitable business that allows my students to continue to participate in a real time business as they learn basic marketing concepts.
Based on my research it is possible to purchase a functional laser engraver that would be large enough to engrave woods that are currently used in 2Puggles products for approximately $500. We have computers available to use in the shop and we have plenty of space to accommodate a machine in our shop.
If our funding exceeds the minimum I will explore options for a more professional machine that would serve our needs more effectively. I do not have a particular machine in mind. I will do research based on the amount of money available and make a decision based on the best value for the money available.
Based on my preliminary research we can find a suitable machine at the high end for $3000 - $4000. If we exceed that amount I would use funds to purchase a Sawstop table saw. I would like to invite students to work in my shop and having a Sawstop table saw would provide peace of mind while teaching teenagers how to work safely and responsibly.
Any funds raised beyond that would be used to explore online advertising options, attend higher profile juried craft shows and upgrade existing equipment in the shop. Shop upgrades would include a dust collection system and a drum sander
2Puggles and the marketing students are very excited to launch this Kickstarter. The students have enjoyed seeing 2Puggles grow from an idea a year and a half ago to a fully functioning almost profitable small business. With a boost from this Kickstarter we can give the students a birdseye view of effective and successful business growth.
- Get all the students to write their thank you notes before they escape for the summer.
- Research laser wood engravers based on progress of Kickstarter.
- Purchase laser wood engraver.
- Learn how to use laser wood engraver.
- Manufacture all of the random woodness needed for projects.
- make and engrave bookmarks.
- Ship bookmarks
- Make coasters, bracelets, phone stands and cutting boards and ship out as they are ready to go.
Thanks for checking us out now go learn something!
Risks and challenges
2Puggles at its core is basically a one person business. Although I get help from my students, all of the promotion, selling and production is done by me. If I have family or health problems it can easily delay business plans.
I treat 2Puggles as a viable business with a schedule and hours that are blocked off specifically to work in the business. As a result of this I have developed routines and habits that despite inevitable setbacks keep the company progress always moving forward.
The learning curve for obtaining and using the laser wood engraver could cause deadlines to be missed.
I have no experience using a laser engraving. I do have extensive experience using CNC metalworking equipment and automated welding equipment. That experience should give my learning curve a significant boost.
- (30 days)