Recently, the Goizueta Nonprofit Consultants Club hosted its annual Nonprofit Case Competition. This event is designed to give MBA students practice solving real-world growth challenges, a means to develop meaningful connections with the Atlanta non-profit community and the neighbors they serve.
This year, the club partnered with Bearings Bike Shop, a youth development organization where kids in Atlanta can earn and maintain a bicycle while developing the skills and character essential to success in adulthood. Bearings recently expanded its business model to include retail sales of refurbished bicycles to the Atlanta community and seek ways to better understand actual profit and loss from its Sales and Services business.
Twenty-four students from Goizueta’s Full Time and Evening MBA programs spent three weeks reviewing client data, visiting the client’s repair and retail space, and developing detailed recommendations to help Bearings implement a system to track line items and staff time dedicated to the refurbishment and sales of bikes and services. Students presented their work to a panel of client judges and other non-profit experts, and the winning team was awarded a $250 donation in their name to Bearings.
The students were joined by competition judges Molly Shepherd of Goizueta Business School and Jeff Delp of Focused Community Strategies.