Friday, February 28, 2014

Junior Achievement

As a part of the Business and Finance academy we have the opportunity to partner with Junior Achievement. Junior Achievement is an organization that reaches out to children in high schools and after school programs to teach them about, well... Finance and Business. In our Business Management class we have started a legit business called Feel FAB Industries where we sell a variety of products. Such things ranging from beanies to water bottles. This program teaches us how to effectively run a business and how to track sales and how to market our products. We have also sold stock and tracked our sales progress. At the end of the school year we will liquidate the business and I am  in charge of doing it. Though this may seem over whelming to some people, this business is really interesting. I never thought that a group of high school students could open a business and run it without it failing. Our company, Feel FAB Industries is profitable and is on its way to pay pack the stockholders and we will even be able to pay our employees, something which is not always able to happen according to our Junior Achievement representative. This program has given me a really good insight on how to operate a business. And through Junior Achievement, I was able to meet a man who lives in Hong Kong. He runs a manufacturing business and he will be visiting our class soon to teach us about global trade. I cannot wait until I am a college graduate and can start my own business.

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