Business of Kids Inc. North Hollywood.Mel Takata, the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. co-founder of Business of Kids Inc., has a mission: to teach children the basic tenets of financial responsibility. With that idea in mind, he founded his North Hollywood-based company which provides software to financial institutions that allow them to provide programs for kids to manage their own money, with parental supervision Parental supervision is a parenting technique that involves looking after, or monitoring a child's activities. Young children are generally incapable of looking after themselves, and incompetent in making informed decisions for their own well-being. . Founded in late 2003, the company spent most of 2004 developing its proprietary software and in the past year has been in beta tests A test of new or revised hardware or software that is performed by users at their facilities under normal operating conditions. Beta testing follows alpha testing. Vendors of packaged software often offer their customers the opportunity of beta testing new releases or versions, and the with its financial institution clients. Currently, the company is the process of trying to secure angel funding. "Our main client that we have gotten thus far is Premier America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name. Credit Union, but we've we've Contraction of we have. we've have got a couple of other credit unions who have deployed the product to their members," Takata said. "Our plans are to deploy it to larger financial institutions and many more in 2006. We want to be able to provide a great resource for parents who are trying to train their kids to be financially responsible and for financial institutions to offer more services to their customers." While Takata would not announce any new deals, he mentioned that the company is in talks with several other financial institutions. He also says that if the company secures angel funding, it will certainly accelerate the company's revenues and employee ranks in the new year. |
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