Franchising Youth Entrepreneurship Education

Jack's Stands & Marketplaces to provide real life business experience for Young Americans
 
 
Jack Bonneau, 10-year-old Owner and Founder of Jack's Stands and Marketplaces
Jack Bonneau, 10-year-old Owner and Founder of Jack's Stands and Marketplaces
 
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Tags:
Entrepreneur
Education
Youth

Industry:
Business

Location:
Denver - Colorado - US

Subject:
Partnerships

DENVER - Sept. 16, 2016 - PRLog -- YouthBiz, a program of Young Americans Center for Financial Education that teaches youth about the study and practice of entrepreneurship, is partnering with Jack's Stands & Marketplaces (http://www.jacksstands.com/) to offer marketing and sales opportunities for young business owners.  This partnership will allow more youth in Colorado to experience entrepreneurship in a hands-on way.

Jack Bonneau, the 10-year-old owner and founder of Jack's Stands, provides budding entrepreneurs with their own "lemonade/ice tea stand, retail location, supplies, permits and insurance so entrepreneurs can focus on the salesmanship and customer service side of the business."  He also contracts with existing youth business owners, offering their products at a "marketplace" adjacent to each lemonade stand and at standalone locations.  At the end of each 3 to 5 hour shift, youth go through a profit and loss statement to determine their sales, expenses, profits & tips.

By working for Jack at one of his Stands or by providing products for his Marketplaces, YouthBiz participants will be able to put into practice what they've learned.  These include students in YouthBiz StartUp, a new, introductory level entrepreneurship program for youth ages 12-15, and future business owners ages 9-12 who are involved in summer camps.  Young people can choose among stands in Westminster, Erie, Broomfield, Louisville, Southwest Plaza, and, coming soon, Park Meadows.

"With entrepreneurship alive and well in Colorado, now is the perfect time for this partnership," says Richard E. Martinez, Jr., President and CEO of Young Americans Center.  "Jack's innovative business strategy meets youth where they are, whether someone is trying out entrepreneurship for the first time or needs a place to sell an already established product.  We are thrilled about this partnership."

Young Americans Center for Financial Education is a nonprofit organization committed to developing the financial literacy of young people, up to age 22, through real life experiences and hands-on programs.

The Center fulfills its mission by offering programs that complement and reinforce each other to build life skills, work skills and financial self-sufficiency. These include Young AmeriTowne, International Towne, YouthBiz, free Money Matters classes, summer camps and more. In addition, Young Americans Center houses the only real bank in the world for young people, Young Americans Bank, which shares the same educational mission of teaching children to be financially responsible. Since 1987, more than 600,000 youth have participated in the programs or bank. For more information on the Young Americans Center for Financial Education, visit www.yacenter.org.

Jack's Stands & Marketplaces - Jack's Marketplaces – provides youth-operated marketplaces that are in authentic retail environments (malls, store-in-store retail & farmer markets) and offer quality products from young entrepreneurs (under 18) and the telling of their inspirational stories and; Jack's Stands - provides properly permitted, licensed drink stands that are in authentic retail environments (malls, store-in-store retail & farmer markets) that teach kids how to greet/serve customers, make change, accept credit cards, track sales and at the end of the "shift" kids calculate their sales, expenses and profits (and tips) through a mini-profit & loss statement.  Youth learn about entrepreneurship, business, financial literacy, gain confidence and social skills; while having fun and making some money!   For more information on Jack's Stands & Marketplaces, visit www.JacksStands.com.

Contact
Janet Redwine, Communications Director
Young Americans Center for Financial Education
***@yacenter.org
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Tags:Entrepreneur, Education, Youth
Industry:Business
Location:Denver - Colorado - United States
Subject:Partnerships
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