The Entrepreneurship and Management students at Upper Arlington High School have been working diligently all semester learning what it takes to create and manage their own business.
The students had an opportunity to choose a business that they were interested in starting, and to learn about all the aspects of successful business management.
As the semester starts to wind down, the students are putting the finishing touches on their final business plan to be submitted on Dec. 17. The students will then present in front of their peers.
Once this process has been completed, four students will be chosen from the class to present in front of a panel of members from the Upper Arlington business community.
From there, the panel will choose one overall winner. The four finalists will be invited to the Annual Upper Arlington Chamber of Commerce dinner held at Hastings Middle School on Jan. 31.
Community members participating in this process include: Becky Hajost-UA Chamber of Commerce President, Matthew Shad-Upper Arlington Deputy City Manager for Economic Development, Ryan Smalley-Vice President Corporate Banking First Merit Bank, Rose Roman-Vice President Commerce National Bank, Jim Hyre of Raymond James, and Meredith Bailey of Economic and Community Development Institute.
The students said the creation of the business plan will help them with their future goals.
"This class has given me the tools necessary to help me to prepare to start my own business if I decide to do that in the future, Rachel Lyon, a junior, said. "It recently occurred to me how important the business plan writing process is and how much time and effort it takes to run a successful business."
Junior Sam Clark said, "This class has really opened my eyes to the business world. I really didn't know that much coming into this year. It is nice to have conversations with my dad about how the bad the economy is and talking about what types of businesses would be successful in these difficult times."
"The business plan writing process has helped me realize what it really takes to start and maintain a successful business," Marissa Nini, a senior, said. "It is really a lot more work than I realized."