About YoungBiz

---

YoungBiz is all about the business of being young. As a teenager, there are tons of decisions you have to make every day -- decisions that can be as small as what cereal to have for breakfast to which college you want to attend. We're here to help you take those awesome decision-making skills you've developed and use them to make great financial and business decisions.

Whether you know it or not, you're already a biz and economic wiz. After all, you've gone shopping (probably a few times more than your parents might like), made product comparisons, and probably have performed a whole bunch of product testing. We want to show you how to make the most of those skills. How? Well, think about the last time you decided to buy new jeans:

• You went through the Nike Website, scoured the Sean John Clothing line, and ransacked the Tommy Hilfiger Dept. So you knew exactly what kinds of jeans were in which stores. Guess what? You performed a Market Analysis.
• You decided what kind you wanted by looking at what everyone else was wearing, deciding what was most comfortable, figuring out which you could afford, or all three. This was your Product Evaluation.
• You decided where to buy them, but mom had to drive because you were grounded. So you had to figure out which mall she liked best. Or if you wanted to buy them online, you had to determine how much time you had, and which websites usually had your size and favorite styles in stock. Ta-dah! You made a Purchase Execution.

You didn't realize it at the time, but you were using skills that every business expert uses. You do it every day, just like they do. Don't believe us? Check this out:

• First National Bank of Smithville is worried that its profits aren't growing. The president is wondering if they should open another branch, so he decides to check out how the other banks in town are doing. There's that Market Analysis.
• The president decides that there are already enough banks in your town for the number of people living there, so it wouldn't be too smart to build another branch. He decides that the best course of action would be to try to buy one of Smithville's other banks, but to do that he has to find the competing bank with services that best match First National's. Yep, you guessed it, Product Evaluation.
• The president of First National decides that Industrial Bank of Smithville would make the best fit, so now he decides what he can pay, then makes an offer. After they negotiate, First National buys Industrial for a little bit more than they had wanted, but they get that great fit and, hopefully, more profits. C'mon, say it with me Purchase Execution.

Believe us now? You're a pro! Stick with us, we're going places. Whether you're into biz or investing, we have the resources for you. If you've got a question, we've got an answer. So, what are you waiting for? Get started by clicking on one of our starred items at the top of this screen.