What is revenue?
is the amount of money that a company receives during a specific period
What does it mean to be an entrepreneur?
It is a person who creates and runs a business, rather than working as an employee
What are two ways to make money this summer (don't think about specific jobs, think general)
Find a student summer position or sign up with Youth Ventures
What is promotion?
An activity that supports or provides active encouragement for the furtherance of a business
What does Youth Ventures do?
Aid in the startup and running of businesses
What is an expense?
Money that is spent on the business. Could be in the form of upkeep, supplies, etc
What are two characteristics an entrepreneur should have to be successful?
Charisma, dedication, determination, competitive, passionate, etc....
Who do you contact if you're looking to sign up with Youth Ventures?
Jaime Walsh
Name two ways that you can promote a business
Posters, social media, TV and newspaper ads
What is Youth Ventures age range?
12-29
What is profit?
is a financial benefit that occurs when the amount of revenues gained from a business activity exceeds the expenses
Whats one type of a business?
Sole proprietorship, partnership, corporation, cooperative
Who do you contact if you're looking for help with finding a job this summer
Cody Penney
Research
What year did Youth Ventures start
1992
What should you do in order to keep track of your money?
What are two business ideas that could be profitable in our area?
Dog walking, babysitting, photography, lawn mowing, packing up wood....
Where are some places students can work during the summer
The pool, with the town, the Youth Centre, Subway, Bayco etc....
What is marketing?
The action for a business of promoting and selling products or services, including market research and advertising
What are two ways that Youth Ventures helps you start up a business?
Idea Generation, Business Plan, Marketing, Promotion, Financial training, Resources, Mentoring
You need to spend money to _______
Make money
Name two local entrepreneurs
Answers may vary
Where do Youth Ventures and the Youth Employment Officer work out of?
CBDC Emerald
What is target marketing?
It is when you market towards a specific group of people, a certain age, gender, lifestyle, income etc
Name two Youth Ventures Businesses, either current or from previous years
Matthew and Riley, Shealyn Foster, Braden Shiner, Kristian Walsh, Courtney Greenham, Nathan Whitt, Nathan Clance