February 20, 2013 | 38 views
Lawrence generates virtual business
Sales totaling more $100,000 and a great learning experience were the rewards collected by Lawrence High School’s second-year virtual enterprise class that took part in the third annual Virtual Enterprise Long Island Region Business Plan competition at Farmingdale State College on Feb. 1.
The Lawrence students presented a business plan for the virtual company they creates, A Twisted Cleaning Service, which provided cleaning services to other virtual firms in the tri-state area.
“We really appreciated all of the preparation and hard work that went into planning for this amazing event, said Jason Barbier, chief operating officer for the company. “It was also interesting to see how other firms applied their businesses into the virtual economy.
Lawrence didn’t finish in top three, but by speaking with members of other virtual businesses, the students generated a little more than $100,000 in sales.
“It was a great learning experience, said Lauren Abecassis, the virtual company’s chief executive officer. “Our sales force had a goal in mind going into the Trade Fair and exceeded our expectations.”
Comprehensive and detailed business plan were created in the past four months. Lawrence student Elysse Sanchez, the virtual company’s vice president of accounting, thought the distinctive nature of their services made the firm stand out.
“Our business plan presentation went better than expected,” Sanchez said. Being the only cleaning service in the virtual enterprise world, we felt our services are unique. We felt this had an impact on the amount of sales we generated during the Trade Show.”