ignatian business leaders (ibl)
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Ignatian Business Leaders (IBL). - DeSmet’s Student-Run Corporation. Mission Statement. - PowerPoint PPT PresentationTRANSCRIPT
Ignatian Business Leaders (IBL)
- DeSmet’s Student-Run Corporation
Mission Statement
The Ignatian Business Leaders (IBL) is a student-run organization that actively seeks to cultivate an environment of business interaction while using all of
its earnings to provide for a better student atmosphere during after-
school hours.
Our Business
The IBL will be in the following businesses:
A Shirt/Tie RentalA Lunchtime Change into Cash
ProgramReselling and Wholesaling Literature
BooksReselling and Wholesaling Outdated
Textbooks
Profit Distribution
Retained Earnings 50% of IBL’s Profits
will go into making De Smet a better place after school
Buying things like foosball tables, ping pong tables, and so on.
Dividends The other 50% will
go back to the shareholders in the form of dividends
For every $100 the IBL makes, each share gets $.025 in dividend
Start-Up Capital
We will be selling 2000 shares of IBL stock, with an initial public offering (IPO) at $1 a share
In just over a week’s time, we have already sold nearly 1500 shares!
We are visiting you today because we want to offer you a chance to buy some stock before we sell out…
Start-Up Capital
More details about purchasing stock were emailed to you recently.
IPO ProspectusStock Order Form
We encourage all of you to considering buying $1 to $10 worth of stock
All order forms must be turned in by Wednesday at 8 AM in room 303