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Vintage Clothes

Collin Schmidt

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Ciudad:

Estado:

País:

Escuela u organización:

Overland Park

Kansas

United States

SMSD

Resumen de la competencia

Semester Challenge: How will my business ensure legal compliance?

Business Law students are challenged to develop and refine a pitch explaining how their selected business will ensure legal compliance. Each student has chosen a business connected to their personal interests, which will serve as the focus of their legal study throughout the semester.

Feedback will be accepted throughout the month of April. From April 20–27, students will publicly share their pitches to collect tokens. Any pitch that earns at least 20 tokens during the semester will receive a prize, allowing multiple students to succeed. Through this process, students will strengthen their legal reasoning, business planning, and professional communication skills while engaging with real-world perspectives from community partners.

Sobre nosotros

Ever since I was a kid I've loved to shop for clothes that I liked. I went to thrift stores with my parents throughout my entire childhood so I knew they had cheap vintage clothes that were previously owned. I thought that it would be a good idea to try and salvage some cool, old, clothes, and resell them to my friends or the neighborhood.

Problema

A sole proprietorship works best for me because it’s cheap and easy to start, and it suits my clothing reselling business.

Solución

An LLC is built around being a well-operating machine that is very flexible and protects all members involved.

Mercado objetivo

I keep full control over decisions, and I can report the income on my personal taxes.

Impacto social

The main risk is that I have unlimited personal liability if something goes wrong.

Próximos pasos

A steady supply of good-quality clothes, simple gear for better photos (lighting, backdrop), tips on social media, marketing, and basic guidance on pricing, budgeting, and profit. With this support, I can grow my shop and build skills for a future business career.

Nuestras escuelas y distritos

Uso de las contribuciones de los patrocinadores

NA

¡Gracias a nuestros seguidores!
Collin Schmidt
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Criterio uno:

Accuracy of Business Law Content: Demonstrates a clear and correct understanding of the business laws most relevant to teen business owners, including appropriate terminology and examples.

1- No lo hizo

2- Poca evidencia

3- Se cumplieron algunos requisitos

4- Se cumplieron la mayoría de los requisitos

5- Se cumplieron todos los requisitos

Criterio dos:

Relevance & Justification: Clearly explains why the selected laws are critical for teen entrepreneurs, with logical reasoning and real-world connections.

1- No lo hizo

2- Poca evidencia

3- Se cumplieron algunos requisitos

4- Se cumplieron la mayoría de los requisitos

5- Se cumplieron todos los requisitos

Criterio tres:

Application to Teen Businesses: Effectively applies the laws to realistic teen-run business scenarios, showing how the laws affect decision-making, risk, and responsibility.

1- No lo hizo

2- Poca evidencia

3- Se cumplieron algunos requisitos

4- Se cumplieron la mayoría de los requisitos

5- Se cumplieron todos los requisitos

Criterio cuatro:

Clarity & Organization of the Pitch: Presents ideas in a clear, well-organized, and engaging manner that is easy for an audience and community partners to understand.

1- No lo hizo

2- Poca evidencia

3- Se cumplieron algunos requisitos

4- Se cumplieron la mayoría de los requisitos

5- Se cumplieron todos los requisitos

Criterio cinco:

Professionalism: Shows effort and professionalism by incorporating any feedback that was given, and actively participating in the token process.

1- No lo hizo

2- Poca evidencia

3- Se cumplieron algunos requisitos

4- Se cumplieron la mayoría de los requisitos

5- Se cumplieron todos los requisitos

Calificación total:

1

¡Gracias por contribuir al crecimiento de los jóvenes innovadores!

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