BINGHAMTON (WBNG) -- Students in the New Visions Junior Achievement Company Program provided by BOCES gave their final Board Meeting presentation to local business owners via Zoom Wednesday Morning.
The company was called 13 visionaries and was made up of students from all around the area. The group of students created, marketed, and sold a product by their design called "The Stay Fresh" Bundle.
Inside the bundle was 2-2oz. bottles of essential oils with the scent of lavender and Power Fresh, a card with their sponsors names on it and a free mask lanyard.
The product is made to be applied to the inside of masks so that you can "Stay Fresh", the students originally designed a mask to sell but quickly learned the market was oversaturated.
13 Visionaries originally sold 250 units but later had to restock another 150 units to meet demand.
Creating a business from the ground up and running it in the span of 4 months during a global pandemic is no easy task, however the students said the virus wasn't the only problem they came across.
"Coming up with a supplier and getting our cost down to our profit margin to get that 55% was the most challenging part of operating our company in my opinion." said CFO James Mullin.
The company even created a COVID committee that created backup contingency plans should any of the members be quarantined or if their company experienced an outbreak.
At the end of the project term the student company was liquidated and their net profit of $4,200 was split among 7 local charities each receiving $600.