Students present business plans at Saunders Scholars Competition

Updated: 05/02/2014 5:40 PM
Created: 05/02/2014 3:29 PM WHEC.com
By: Janet Lomax

Ever dream of running your own business? Hundreds of young students are doing just that. They are in town for the 6th Annual Saunders Scholars Competition. They are part of Young Entrepreneurs Academy. 

Over the past few weeks, News10NBC has highlighted local students who are taking part. Two of those students have made it to the finals. 

Riley Benner and Luke Zaremski, students at McQuaid Jesuit, are the owners of Phoenix Haberdashery. They toured a local public relations firm to learn how to market their high end neck ties. They are reversible. Right now, the students are inside, presenting their business plan to local CEOs. 

Riley Benner, Phoenix Habadashery, said, “We want to show them that based on what they're doing that day, they can change it up. They're getting two ties in one.”

Luke Zaremski, Phoenix Habadashery,said, “You have to see the product, not only out of your eyes, but out of the eyes of the people you are selling your product to.”

Charles Benoit, Dixon Schwabl, said, “These are the future business leaders. They're the movers and shakers that are getting their start today.”

The winners of the Saunders Scholars Competition will get a college scholarship and a chance to audition for the hit show, Shark Tank.

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