News

Week 12 – April 22, 2019

PAST DUE: FIXED COSTS (30%)
If you have not already paid or made arrangements with Morgan, your fixed costs are now past due.  In the real world, late bill payments are subject to late fees, interest etc.  To ensure this doesn’t happen to your company, contact Morgan directly if you have not done so.

Questions
Please be reminded that Morgan works 7:30am-3:30pm Monday- Friday.  This means anything after those hours or on weekends and holiday is a courtesy only.  Note that it is very unprofessional to send an email after business hours, on a weekend, or on a holiday, and include a phrase like “please reply quickly!” or  “please reply sooner rather than later!”
If you have a question during your Tuesday, Wednesday or Thursday meetings, contact Nilou (CP Coordinator) at companyprogram@janorthalberta.org or ask a SCIP intern while they are visiting your location.

ABHOF
See Week 11 for important information.  More precise details (arrival times etc) will be posted in the news within the next two weeks.  Reminder that Students must have the names and dietary restrictions of the 5 students attending ABHOF to Morgan via email by FRIDAY MAY 3 – failure to do so will result in your company being ineligible to sell at ABHOF.

Websites
After much back and forth with our website host, we have learned that we will be unable to host student subdomains as we have in the past.  This is due to an internal change with our website host.  Please decide with your company how you would like to move forward with a website.
Production
Please be sure you are increasing production accordingly to have sufficient stock for ABHOF!

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Week 11 – April 15, 2019

FIXED COSTS ($200): 30% is due this week

30% of your fixed costs are due. You must make arrangements to get these to JA – fixed costs will not be picked up. Fixed costs can be paid by cheque or cash.  If you’re unsure of the best way to pay, email Morgan.

Remember, in the real world, businesses have bills – fixed costs are intended to represent these bills.  When you are late paying a bill in the real world, interest accrues, or late payment fees apply!  It’s important to make your arrangements this week.  If you have not yet made enough money to pay your fixed costs, you must demonstrate this to Morgan and you will be given an extension.

 Also, please submit on Google classroom an Excel spreadsheet picture (PDF) of either (FIN4 – Weekly Banking Record) or (FIN6 – Income Statement) tabs.

ABHOF

The Alberta Business Hall of Fame (ABHOF) is one of JA’s most prestigious events! It recognizes prominent individuals from the business world and also gives students like you an opportunity to meet those people!  Each company will be permitted to send 5 students.  Some students will be given a spot at a table for the dinner, and pizza will be provided for others.

What: The Alberta Business Hall of Fame
When: Wednesday May 15, 2018
Time: 3:30PM – 9:30PM (approximately)
Where: Edmonton Convention Centre (formerly the Shaw Conference Centre)

Students must have the names and dietary restrictions of the 5 students attending ABHOF to Morgan via email by FRIDAY MAY 3 – failure to do so will result in your company being ineligible to sell at ABHOF.

Presidents must also RSVP for the President’s Luncheon that day (exact details TBA but it will start around noon and is at the Edmonton Convention Centre).  If the President cannot attend, they may send a VP in their place – each company is required to have a representative at the luncheon!

 

ABHOF Dress Code

The dress code for the Alberta Business Hall of Fame is Business Formal. That means no jeans, yoga pants, t-shirts, sneakers, sandals, flip-flops or hats! If you’re unsure if what you want to wear is business formal, ask your advisor.

Menswear

  • Suit (Blazer, Dress Shirt & Pants, Vest is optional)
  • Tie
  • Belt
  • Dress Shoes

Note: NO JEANS! Dress shirts are to be tucked in! Pants are to be pulled up! We should not be able to see your undergarments. No exceptions!

Womenswear

  • Suit (Blazer, Blouse/Dress Shirt, Dress Pants/Skirt)
  • Dress
  • Heels/Flats (no straw wedges)

 

*Note: Skirts / Dresses should be longer than the end of your fingers when your arms are hanging limp by your sides. They should not show an excessive amount of skin and your necklines must be at an acceptable level. There should be no visible straps and no backless dresses. Summer dresses are not considered business attire!

If you have any questions or concerns about the dress code or need some fashion advice, please do not hesitate to ask your advisors for help!

You will not be allowed to participate in the event if you do not dress properly (even if you are already at the venue). Remember, you could be meeting future employers! Make a good impression!

Advisor tickets: Each group will be given complimentary tickets for advisors.  Morgan will be in touch in the following weeks to let you know how many your group will receive.

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Week 10 – April 8, 2019

The Big Pitch
Congratulations to all companies who earned a spot to participate.  All of the pitches were strong, and it was a tough decision for the judges.
4th and 5th place – jarred. and Lil Cozy
3rd place – ReScrunched
2nd place – Wrist Assured
1st place – Wread

Morgan would like to thank all the companies who participated in the WEM Tradeshow this weekend.  You all represented your companies extremely well, and it was an exciting and fun day.  Morgan collected one product from each company and will be providing feedback via email by the end of next week.

Production and Sales
Companies are reminded that production and sales should be in full swing from here on out.  Companies should be sourcing their own sales until ABHOF.

Reminder – 30% of Fixed Costs ($200 total) are due NEXT WEEK.  If you believe your company hasn’t made enough money to pay this, please contact Morgan directly with information to back up your claim.  

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Week 9 – April 1, 2019

The Big Pitch
Congratulations to the following five companies, who received the most votes in the survey:
Wread
jarred.
Wrist Assured
ReScrunched
Lil Cozy

Two members of each company will give an 8 minute pitch on stage, followed by a 2 minute question period from the judges.  The event will begin at 12:30 sharp, and the order will be randomly selected.  Please have your company representatives make their way to the stage area no later than 12:15pm.

WEM Tradeshow
This Saturday! Important details:

Times:

Set Up: 9:00am (earlier arrivals to claim spots will not be accepted)

Start: 10:00am

Takedown: 3:00pm – companies must have tear down/clean up completed by 4:00pm, 3:30 is preferable.

By Newcap Radio Stage (near Chapters).

-Trade show booth dimensions: 29-1/4″(H) x 72″(W) x 30″(D)

-No balloons (helium or others)

-Sale items cannot exceed $20

-Monetary donation boxes are not allowed

-Music cannot exceed 30 decibels (heard from approximately 2 feet away)

-2 company members behind the table at all times.  Companies are not permitted to “promote” the trade show or their product in other areas of the mall.

-Attire is business casual or business professional.  No jeans, no sneakers, no baseball hats etc.  Companies may wear t-shirts only if they are “branded” for their company.

-Please remember to bring your own float. We won’t have any change for you, and you are not permitted to go to stores in the mall to make change.

IMPORTANT: In order to participate in the tradeshow, companies MUST have a professionally printed banner that has been approved by me. If a company arrives without a banner, or with a banner that does not meet the specifications, they will not be permitted to participate in the tradeshow.  As “vendors” at the mall, they are expected to have proper signage, as any tenant would.

Reminder: I will be collecting a product for evaluation during the trade show. The product will be randomly selected.

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March 25, 2019

Reminder – no regularly scheduled meetings this week.  Companies are encouraged to schedule extra production sessions as necessary to meet demand for the upcoming WEM Tradeshow on April 6.

 

Practice Your Pitch Event

The event will be held on Wednesday, March 27 from 6-9pm at MacEwan University, in Building 6, room 6-212.  ALL Achievers are invited and encouraged to attend.

 

The Big Pitch

An email link will be sent out to all JA stakeholders which will direct them to our YouTube channel where they can view all commercials submitted by the deadline.  They will then be asked to complete a survey on Survey Monkey (link in email) indicating their top choices for commercials.  These results will decide the five companies participating in The Big Pitch. Winners will be announced by end of day Monday, April 1.  If your company is selected, two members will give a 10 minute pitch on stage beginning at 12:30pm – order will be randomly selected and not announced ahead of time.

 

WEM Tradeshow
Taking place Saturday April 6 at the Phase IV stage, directly in front of Sunrise Records (previously HMV).  Companies will have a designated selling area near the stage.
Set up time is 9:00am – companies who arrive before 9:00am will not get first choice of table, so please do not arrive prior to 9:00am.  The Tradeshow begins at 10:00am and runs until 3:00pm.  Takedown must be completed by 3:30pm.  The Big Pitch runs during this event from 12:30pm-2:00pm.
If your marketing materials (banner, logo, labels etc) have not been approved by Morgan and do not meet the specifications, you will not be permitted to sell at the Tradeshow.

 

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Week 8 – March 18, 2019

Questions

If you have questions during your evening meetings, please direct them to Nilou (CP intern) at companyprogram@janorthalberta.org
Morgan works during regular business hours (7:30am-3:30pm) and isn’t always available in the evenings to answer questions.  Please be sure to read the news each week as we are receiving a lot of questions that can be answered by reading the news : )

Practice Your Pitch Event

The event will be held on Wednesday, March 27 from 6-9pm at MacEwan University *NOTE there are no regularly scheduled meetings the week of March 25.

Ideally, 2 students per company will attend this exciting event designed to help you craft the perfect pitch for selling your product and/or competing in The Big Pitch.  Please RSVP via email to Morgan at mzinck@janorthalberta.org

Advisors are welcome to attend!

 

Commercials

Due Friday, March 22nd at 11:59pm in Google Classroom.  Late submissions will not be eligible to compete for a spot in The Big Pitch.  Commercials must be exactly one minute long.

 

Square Information

As the WEM Trade show approaches many students have asked about alternative methods of accepting payments. JA recognizes Square as a reliable method of accepting credit card payments from customers therefore this year companies will be supplied on a first come, first serve basis with one Square Reader which they may use during the JA term. Please ensure your company reads over the ‘Square Information’ document found under the ‘resources’ tab prior to use of Square. Square Readers must be returned at the end of liquidation week.

Companies will be able to pick up a Square Reader at the WEM Trade Show if they have reserved one in advance and JA has enough to meet all requests. If students companies are planning on using Square at WEM, please make sure to set up your account in advance since you will need your advisors’ help to link your bank account. Information to set up your Square account can be found in the ‘Square Information’ document.

 

West Edmonton Mall Trade Show

The West Edmonton Mall Trade Show is happening on Saturday April 6th at West Edmonton Mall. Set up is from 9:00-10:00am and the Trade Show runs from 10:00am-3:00pm.  Takedown is from 3:00-3:30pm. Morgan will be selecting products for evaluation during the WEM Trade Show.

Everyone who attends must be in either business casual clothing or team attire (printed t-shirts, colour schemed clothes, etc.) NO JEANS.

Please remember to bring your own float. We won’t have any change for you.

Guidelines:

  • Every member of the company can attend the trade show but only a minimum of one and a maximum of TWO members are allowed behind the booth at all times.
  • No hand-made banners are allowed at the Trade Show, only professionally printed ones. (Remember to get them approved by Morgan!)
  • No advertising for your company outside of your booth area.

 

IMPORTANT: NEXT WEEK IS BREAK WEEK, THERE ARE NO REGULARLY SCHEDULED COMPANY MEETINGS – ENJOY!

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Week 7 – March 11, 2019

Logo and Promotional Materials

Make sure your logo, labels, and banners are approved by Morgan.  Anything printed without approval will NOT be allowed. This means you will not be permitted to sell at any JA trade shows (like WEM).  There are a number of companies who have not submitted these materials. For approval of any materials please email them to mzinck@janorthalberta.org

If you have not submitted the marketing material for approval, please do so as soon as possible.

Company Commercial

Your 1-minute commercial is due Friday March 22! Submissions are accepted until 11:59PM on Google Classroom.  Commercials must be exactly one minute long.

Lean Business Plan

Morgan sent an email last week to companies letting them know that the due date for the Lean Business Plan has been changed to this Friday March 15 due to an error in the calendar.

Fixed Costs

Fixed costs this year will remain at $200, due in two separate installments of 30% and 70% – these due dates can be found in Google Classroom.

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Week 6 – Mar 4, 2019

Due this week:
-Lean Business Plan (by Friday at 11:59 in Google Classroom)
-Company names, logos, labels and banners must be sent to mzinck@janorthalberta.org for approval.  If you create/print something without approval it will not be accepted.

Sales Opportunity:
Southwest Edmonton Farmers’ Market (SWEFM) – an outdoor farmers’ market that will run from May 15th-Oct. 9th, from 4-7:30pm each Wednesday in the Terwillegar Rec Center parking lot.

Young Vendors’ program: this free-of-cost program was created for young people aged 13-17 to highlight and sell the products that they have made/baked/grown. Info on this program can be found on our website at: http://www.swefm.ca/#young-vendors-section

A few JA participants went to the market last year, and they would like to invite you all back. They have made improvements to the program and there’s a better location for the Young Vendors’ tent in the main row of the market this year (as opposed to being on a side row).

This is a great additional sales opportunity to pursue! Note this is not affiliated with JA, other than us being asked to pass along the information to you.

Production and Sales

This week is the first week of production and sales! The VP Production should ideally train members this week on how to make the product and have the process underway. The sooner you start producing, the sooner you’ll be able to sell!

(That means that you should have at least your 2nd batch of products for the WEM trade show. Please DON’T WAIT until the trade shows to start selling!)

Websites

We are looking into creating websites as we have in previous years, where companies are issued a subdomain from JA.  Please be patient as this process has changed on our end and we are trying to work through the changes.

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Week 5 – Feb 26, 2019

Group Rosters:

Advisors or Presidents: please send a list of ALL company participants (and note executives and their roles) to Morgan via email stating your location, company name, and all participants.  Remember to include ALL Achievers, not just those with an executive role.

Advertisement – Logo, Labels, Banners

Marketing Guidelines 2019
Use this link to help answer any questions you may have.

The company can now start to design a logo, labels, and a banner. A JA staff member (Morgan) must approve all materials. Anything that is printed without approval will not be allowed.

Guidelines:

Logos & Labels – Remember that the company name includes “A JA Company” or “A Junior Achievement Company” after it – ergo it is also needed on your logo if you choose to use your name in the logo.
There’s a difference between a logo and a label. A logo represents your company, like how Apple’s logo is an apple, whereas a label is what you will use to promote/package your product (think of how they package their MacBook)!

For the labels, the Junior Achievement logo must be included no matter what! JA logos have been posted under resources on the website. The company MUST use one of those in all of your promotional material. You cannot change or reformat the logo in any way. Before sending your logos & labels to print, you MUST get approval from a JA staff member (Morgan). If any promotional material is printed before having it approved, the company will not be permitted to use it.

Business Plan

The templates for the Lean Business Plan are found in the Resource Portal.  DO NOT SUBMIT THE LONG FORM BUSINESS PLAN. The business plan is to be submitted in Google Classroom – check here for all due dates. Files MUST be submitted as PDF documents.

Reminder on items coming due:
MISSION STATEMENT
ORGANIZATIONAL CHART (Found in resource portal)
EMPLOYEE HANDBOOK (Found on resources page of this website)

 

The BIG PITCH

This year JA is hosting The Big Pitch Event again! This event is like the JA version of Dragon’s Den. 5 companies will be chosen to participate in this event. There will be judges to choose the winning pitch and a cash prize to the charity of the winning company’s choice!

Stay tuned for more details – commercials will once again be the deciding factor on which companies win their way in.

 

Practice Your Pitch Workshop! 

We are excited to offer a new event in order to help companies prepare for The Big Pitch and for selling at WEM & ABHOF.  The event will be held on Wednesday, March 27 from 6-9pm at MacEwan University *NOTE there are no regularly scheduled meetings the week of March 25.

Ideally, 2 students per company will attend this exciting event designed to help you craft the perfect pitch.  Please RSVP via email to Morgan at mzinck@janorthalberta.org

Advisors are welcome to attend!

 

Commercial

Now that you’ve chosen a product, it’s time to create a commercial for it! Start planning now so you can express your ideas and have enough time to edit it. The video is due on Friday, March 22 before 11:59pm. You can submit it by uploading it in Google Classroom

The commercial should include:

company name

company logo

product

The commercial must be EXACTLY ONE MINUTE. Not a second more or less – no exceptions. Also, no attack ads please!

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Week 4 – Feb 18, 2019

Product Submission Status

The products that were submitted last week will either have an approved, tentatively approved, or denied status. If the product was approved, the company is now able to buy raw materials to create the first batch of products.

DO NOT buy all the materials that you will need throughout the year as JA staff expects improvements to be made to the product throughout the term.

If your submission status is tentative or denied, you have received feedback via email that will help guide your company.

Advertisement – Logo, Labels, Banners

Marketing Guidelines 2019
Use this link to help answer any questions you may have.

The company can now start to design a logo, labels, and a banner. A JA staff member (Morgan) must approve all materials. Anything that is printed without approval will not be allowed.

Guidelines:

Logos & Labels – Remember that the company name includes “A JA Company” or “A Junior Achievement Company” after it – ergo it is also needed on your logo if you choose to use your name in the logo.
There’s a difference between a logo and a label. A logo represents your company, like how Apple’s logo is an apple, whereas a label is what you will use to promote/package your product (think of how they package their MacBook)!

For the labels, the Junior Achievement logo must be included no matter what! JA logos have been posted under resources on the website. The company MUST use one of those in all of your promotional material. You cannot change or reformat the logo in any way. Before sending your logos & labels to print, you MUST get approval from a JA staff member (Morgan). If any promotional material is printed before having it approved, the company will not be permitted to use it.

Buying Shares

This week students should be buying a share in their company. Each company member must buy one $10.00 share. Each member can only buy ONE share. Advisors are not permitted to purchase shares.

Share certificates can be found under the resources page on the website.

Elections

It’s election week! See information in week 3 if you need further details.

Please send a list of the executive team and final team members to Morgan at mzinck@janorthalberta.org this is crucial for us to track the number of registered achievers.

Training for each executive position is found in the resource portal – note there is no Executive Orientation this year, so you are expected to complete the training online.

Find information for high school credits here: https://goo.gl/forms/mPdiNvAY4kFoJqcU2 

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Week 3 – Feb 11, 2019

Product Submission

The product submission form will be available this Friday, February 15th at noon.  Early submissions WILL NOT BE ACCEPTED.  Do not submit your product submissions before noon!

Remember products are reviewed in the order which they are submitted. If two companies submit similar products, the first company to submit will be accepted (provided it follows the rules).

 You will receive an email letting you know if your product is approved or not before 6pm on Tuesday Feb. 19th.  DO NOT use a school email asking us to respond to you, because it may not be delivered due to the spam/junk settings.  If your advisor gives you permission, it may be best to use their email.

 

DO NOT purchase any materials, start producing products etc. until you have an email from us stating that you are approved.

 

Break Even Point Analysis

If you need help calculating your break-even point as practice before you begin producing, there is an Excel spreadsheet available under the Resources tab! You can take this into account before the final decision on your product.

 

REMINDER PARENT CONSENT FORMS ARE DUE!

 

ELECTIONS ARE NEXT WEEK
Executive Elections will be held NEXT WEEK. Your company will decide on an elections process to determine your executive team – whether it be via secret ballot, interviews, etc. Restrictions on who can run are only placed on the President position. Every other position is open for all students. We highly encourage all students to run for at least one position regardless of experience and age. The formal Executive Team includes the following positions:

-President – Must be a returning achiever, if there are returning achievers in a company fit to be president.

*In the absence of a returning achiever in the after school program, any student can be president other than a grade 9 student. In every program, If there is only one returning achiever, a new student can contest the running.

-VP Finance

-VP Marketing

-VP Production

-VP Human Resources

-VP Technology

-VP Sales

-VP Health and Safety REQUIRED – NOT OPTIONAL AS STATED IN THE PORTAL

OPTIONAL (No awards/scholarships for these positions)
-VP of Corporate Social Responsibility

-VP Environment

Your company can also assign assistants to the respective departments.

NO EARLY ELECTIONS WILL BE ACCEPTED!

Advisors – please submit a list of the executives elected on elections night with first name, last name and email address of each student.

 

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Week 2 – Feb 5, 2019

Products

The product submission form has been left open to help you when considering what to submit.  DO NOT submit early, as the form will change, and your submission will not be accepted.  This is to help you prepare only!  If you would like feedback/suggestions/etc on your current ideas, please reach out to Morgan or Nilou.

This week you should begin to narrow down your product ideas so that they are easily decided upon next week in preparation for product approval.

Company Program Coordinator

We are pleased to welcome Nilou to the Company Program team!  She is available during meeting hours on Wednesday and Thursday evenings, via phone or email: companyprogram@janorthalberta.org to help with anything you may need.

Environmental Grant

The Alberta Emerald Foundation is giving away grants to help engage students in environmental initiatives. If your company aims to be environmentally friendly, you could get a grant of up to $500! To qualify for this grant your product, production process, or company initiatives must be environmentally friendly.

For more information click here!

Companies are responsible for submitting their own application to the Alberta Emerald Foundation. There are a limited amount of grants available, so be sure to apply next week once you have decided on your product and have received product approval.

Important:

Outside of company hours, you may research the executive roles (descriptions found in the resource portal) and decide if you want to pursue one of these positions.

To run for President, you should be a returning Achiever.  If your company does not have a returning Achiever who wants to be President, then you should be in grades 10, 11 or 12.  If your company cannot fulfill these requirements, have your advisors contact Morgan or Nilou (companyprogram@janorthalberta.org).

Make sure to check out the new Scholarships page for information on local and national awards.

 


 

Week 1 – Jan 28, 2019

Welcome to JA Company Program!

Welcome to the Junior Achievement Company Program! We are so happy you decided to sign up for JA, whether it’s your first year or if you’re returning!

Every student registered in the Company Program will be given a Parent Consent form and the Policies and Procedures. You may also find these attachments under the Resources tab.  The consent form has also been emailed to your parents.

The Parent Consent form must be signed by your parents and returned by Week 3.  Please don’t forget, as you will not be eligible to participate without this form.

This week you will meet your company and advisors, start brainstorming products, and prepare for market research. Come ready to share and develop your ideas!

The Market Research Questionnaire and Product Research Questionnaire are now available, your advisors will also provide you with sheets from the Resource Portal to help you determine your product.

Over the next 18 weeks, you will be using the Resource Portal.  You can create a free account at https://resources.jacanada.org/index.cfm

Have fun!