OPEN HOUSE – October 8th, 2018
Please join us for an exciting and informative Fall Open House at Forman School!
Visit our beautiful campus in scenic Litchfield, Connecticut and get to know administrators, students, parents, and teachers to find out more about the Forman Difference and our Summer Program!
Registration – 8:30 a.m.
Program – 9:00 a.m. to 12:00 p.m.
Please register at this link.
This course will be an opportunity for students to learn about the financial industry, particularly Wall Street and the Stock Market, as well as other financial fields. Through real-world simulations and hands on exercises, students will delve into the stock market and explore its various tenets. Participation in industry analysis, creating their own portfolio, and simulating trading sessions would be the crux of the Winterim. Students will develop a formal presentation that explains their reasons for investment selections, including a detailed financial analysis of at least one Fortune 500 Company. The Winterim will also include a trip to NYC and a possible tour of the trading floor. Experts from the financial/business industry will also be providing lectures and discussions. We will spend a few days discussing what it takes to open up and run a small business from scratch. Participants will be exposed to the small business world within Litchfield County and learn the basics of being a small business owner.
My Business Plan
How my business works is I will buy and sell houses. I have always been interested in real estate, and I think that I have a good eye for seeking out homes and deciding whether or not they have potential to be fixed up. When I first buy them I will fix them up and sell them for more money. I will need to work closely with contractors and see if I can do any of the work myself, rather than hire someone else and pay them labor costs. In order to make a profit, my ultimate goal is to rent them out and then sell them when there is an upturn in the real estate market. I can be collecting rent while also paying off the principal of my mortgage. It seems like a win-win to me. Because I am quite familiar with the area, the location for my business would be around LItchfield, Woodbury, and Bethlehem. I am looking for old houses with lots of potential. One of my goals would certainly be to invest in properties that have the possibility of multi-family units. I have learned that I can make a substantial amount of rent with multi family units, as opposed to single occupancy. My office space where I am going to meet with my clients who would like to buy the houses I renovate and then rent out, will be on 7 Village Green Dr in Litchfield CT. Litchfield tends to be a fairly upscale area, and I think that it is important to have a presentable and classy office space. Some specific things I’m going to include in my business plan are my sales, projected construction/upgrade costs, and mortgage payments. This is important because I need to show what my profits are or how much money I am making. Addie Lamond
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