Business Practice Firm create successful cornhole business!

13 students came into the spring 2018 Business Practice Firm class with great ideas and high ambition. This class requires students created a mock company, from the ground up. Everyone had to agree on one product to sell while taking into consideration the demand of their consumers.

The students chose to create the business called Grey Wolf Games, selling two different cornhole games; a tabletop version, and one that features a slightly smaller sized cornhole. Both games were offered in two different patterns, as well as an unpainted version, to allow consumers to choose their preference.

The students in this class came from varying programs, such as administrative professional, human resources, small business entrepreneurship, business management/supervision, and marketing and social media management. They created teams to cover the many different areas of a business, allowing students to fulfill program requirements and gain real-life experiences. These areas included human resources, marketing, administration, production, accounting, and sales.

How did these students come up with the idea of a cornhole game business? The students know most people in Wisconsin try to enjoy the short summer months being outside as much as possible. The Business Practice Firm fall 2017 semester class had created a standard cornhole game. The students in this semester’s class liked that idea but wanted to try to implement some different aspects, such as a smaller sized game that is easier to carry.

The class researched the supplies that would produce a high-quality product and they compared different resources to help keep production costs down. Two of the students even took the time to make a few mock cornhole games, each being with a different type of wood. Having this tangible example made it easier for all of the students to see which type of wood would produce the best product at the most affordable cost.

The students also did a strengths, weaknesses, opportunities, and threats (S.W.O.T.) analysis. This allowed them to think about the different aspects of the business, foresee any potential problems, and make educated decisions as a class.

This class is a unique experience for Moraine Park students and the students have really devoted themselves to this project. From communication to finances, and everything in between, these students have gained real-life experiences within the classroom setting.

To learn more about Moraine Park, visit morainepark.edu.