Young entrepreneurs learn about risky business
CASTLE ROCK – On a recent Monday evening, participants in the Young Entrepreneurs Academy (YEA!) at Castle View High School, learned about the importance of insurance and risk management. Students discovered the formal process an organization goes through to establish its risk management goals and objectives, as well as how to identify and analyze risk and liability.Heather Browning, with Colonial Benefit Group, taught students that in order to avoid health and legal liability, risk management procedures need to be put in place before starting any new enterprise or social movement.
As part of the YEA! program, students are introduced to all facets of the business world including, but not limited to: attorneys, accountants, insurance agents, graphic designers and web developers. Over the course of this year’s YEA! program, students will launch a number of businesses that include products, services and a non-profit organization. Students can even earn academic credit for their participation in the program. For more information about the Young Entrepreneurs Academy, please visit http://castlerock.org/YEA.htm or www.yeausa.org and email questions to castlerockyea[at]gmail[dot]com.