JA Company Program | Week 9 | Updates & Reminders

Hello Achievers and Advisors,

Happy New Year! We hope that you had a peaceful and restful holiday break and are ready for all the incredible things to come in 2022, including the launch of your business!

*Please note that this weekly update is being sent to both Achievers and Advisors in the program - please ensure you are all reviewing these updates and reminders!*

Included in this email:

COVID Updates
Team Challenge Update
Using Correct JA Central Ontario Logos
Business Plan and Fixed Costs
Banking
Product Approvals
Shopify
Upcoming Deadlines

COVID Updates

Given the current COVID-related trends and news, we wanted to provide all teams an update and reminder (including all hybrid teams):

No in-person meetings allowed. Please do not plan any in-person meetings until you receive an update and clearance from JA.
No in-person production and/or sales allowed. If you have opted to allow a limited number of students to complete production on their own at home, please ensure that the parent/guardians are aware and have consented and that all COVID/social distancing guidelines are being followed at all times including dropping off to post office.
Please ensure that any suppliers you are working with have a health and safety policy and are following COVID/social distancing regulations.

Team Challenge Update

We thought we would provide a Team Challenge Update to get you started for the new year.

Current Top 5 Teams

Tied for 1st Place: Deloitte Monday and Zurich Thursday
Tied for 2nd Place: Metrolinx, Starke Realty & Tech Effect

It is still a very close race for all teams so make sure you keep up to date on the deadlines and review the weekly emails for more chances to gain points for your team!

Using the Correct JA Central Ontario Logo

Please use the correct JA Central Ontario Logo shown below in all of your promotion/marketing. Do not use any other JA logo including the JA Canada logo.

A copy of the logo files can be found here.

If you have any questions or concerns, please reach out.

Business Plan and Fixed Costs

Deadline: Friday, January 21

*10 Team Challenge Pts* for Business Plan

*10 Team Challenge Pts* for Fixed Costs #1

Business Plan

Teams are required to completed the Lean Business Plan. Click here for template.

Submit your completed business plan here.

Fixed Costs - First Instalment Due is $75

Teams are required to pay Fixed Costs. Click here for more information.

HOW TO SUBMIT YOUR PAYMENT

Both fixed costs as well as sales profits tax payments MUST be submitted by the appropriate due dates in order for companies to be eligible for any of the Company Program awards.

Here are the instructions to make an electronic payment:

1.Send E-Transfer to JA Contact:

Lucia Ly
LLY@jacentralontario.org

2.Utilize the following:

Security Question – What program are we participating in?
Answer (case and space sensitive) – JAcompanyprogram

Banking

To open the bank account:

JA can issue a bank letter for the advisor(s) to bring to the bank. Please have one person on your team complete this form with the following information:

Name of 1 to 2 advisors who will act as the signatories
Name of your JA Company (i.e. XYZ, a JA Central Ontario Company)

Please note:

Please keep in mind that if you are scheduling an appointment to allow time for JA to send you the bank letter - we are not always able to respond to requests immediately.
You can have your VP of Finance/Finance Department do some research and schedule an appointment to open the bank account. There may be options to open the account virtually or in-person at the branch.
You should be looking at speaking to a small business or community banking specialist and opening a community account.

For more information, please review the following documents:

How are you feeling so far with regards to how your team and business are progressing?

Amazing! We are off to a great start.

Select

Good! We are feeling optimistic that it will come together.

Select

Okay! We are working through some challenges.

Select

Meh. We are having some issues and need help.

Select

Unsure. Not sure where we're at or where we're headed!

Select

Product Approvals

Thank you for submitting your product approval forms! It is always an exciting time for us to review your ideas and we were once again impressed by the time and creativity you have all put into your companies.

If you received an approval from us to move forward, you're good to go and get started. If you received a tentative approval or if we responded with questions, please ensure you review them with your team and get back to us before you proceed.

Shopify

If you requested to use Shopify and received a product approval from us, your lead advisor (plus 1 student) should have received an invite to access your Shopify account. Lead Advisors will have the ability to add additional students as needed.

If you requested to use Shopify but have not received product approval from us, you will need to respond to our questions and receive product approval before we set up your Shopify store.

Please note that we do require a company name before we open the Shopify store.