NewsDepth Kids-Taking Action

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Kensington Intermediate School Rocky River City Schools, Rocky River Business Time ----------------------------------------------------------- The students in Mrs. Amy Wilhelmy’s third grade classroom have a close-to-the-real-thing economy called “Business Time.” Their economy is based on a currency called Bonus Coupons. Children earn a paycheck each week by performing their duties as students, and can earn additionalBonus Coupons by doing extra jobs The paycheck can be put in the classroom bank called Burney Bank and saved, or spent on expenses like desk rental or purchase,
insurance premiums, taxes, or something more fun.Each week, disasters occur in the world outside the classroom for which students must be financially prepared, like hurricanes, fires, and floods. If you have insurance, you’re in good shape! The students learn about saving and spending money, buying insurance and planning for the future, preparing themselves to be financially responsible adults. Watch the story on NewsDepth!

Hale Road Elementary School Riverside Local Schools, Painesville Lake Paranormal Society Submitted by Calvin Doyle ---------------------------------------------------------
Calvin Doyle and Jacob Stevens started their own company called Lake Paranormal Society several months ago.They investigate houses that might be haunted and try to solve the problem. They have invested money in equipment that they use on the job and created a website: www.calvindoyle.net/lakeparanormalsociety They have learned how to manage money and have a mailbox at a UPS store for their business. Calvin and Jacob are fifth grade students of Mr. Michael Brewer. Watch the story on NewsDepth!

Gross Schechter Day School Pepper Pike LPTransfer.com, Division of Jasman, Ltd. Submitted by Jonathan Sender ---------------------------------------------------------- Jonathan Sender describes himself as a 14-year-old entrepreneur, the sole owner of www.LPtransfer.com, A Division of Jasman, Ltd. Since spring of 2008, he has been providing services for transferring old LP records and cassettes to CD. The purpose of his business is to “preserve the music of the past, so that it can survive in the
future.” The need for his business arose when his father asked him for ideas on how to save the music on his old LPs in a format that he could listen to on his car stereo and iPod. Jonathan investigated the legal aspects of his new business, purchased equipment, set his prices, created a website and went to work. Jonathan says he has learned that every detail is critical to keeping an accurate business and the customer always comes first. Jonathan is a student of Nancy Markus. Watch the story on NewsDepth!

OTHER ENTRIES

Our Lady of Grace Catholic School Cincinnati K.K.M., Inc. Submitted by Kati Cleary, Kenzie Black and Megan Cleary ------------------------------------------------------------------------------------------ Kati, Kenzie and Megan make bracelets, bookmarks, anklets and other items. They are students of Mrs. Hotze. The girls made a video of how they run their business.

Clovernook Elementary North College Hill City Schools, Cincinnati C & S’s Krazy Keychains Submitted by Sydney Mantell ---------------------------------------------- Sydney started her business during the winter and her best friend Caroline joined her. They visit different schools where they are able to talk to a lot of customers. They make key chains from different colored beads. They can customize orders, but most people like the rainbow pattern. Sydney is a student of Mr. Vernon Petry.

Dover Elementary School Westlake City Schools, Westlake Purses for Pets Submitted Jackie Lamb -------------------------------------------------- Jackie and her sister Becca love animals and wanted to raise money to help animals. It took them awhile to come up with a way to do that. Then they settled on making fabric purses and called their business Purses for Pets. At first they made the purses by hand.
Then their dad suggested that they use their grandmother’s sewing machine. “That worked out fabulously,” says Jackie. At their first fundraiser at Berea High School, the girls made $30 which they donated to the Berea Animal Fund. The designs for the purses were puppy, kitty and cheetah print fabrics. The most popular were the puppy and kitty purses.

Fitch Intermediate School Olmsted Falls City Schools, Olmsted Falls Dog Walking Business Submitted by Halle Potter and Brittney Maruszczak --------------------------------------------------------- Halle and Brittney will only walk well-trained dogs, never vicious dogs. They charge $2 per dog. They are available to
walk dogs from 4:30 to 6 p.m. during the week. They are not available during winter and spring break weeks. The dogs are given water, treats, and food. Halle and Brittney are fourth grade students of Mrs. Lindsey Ambrosia.

Fitch Intermediate School Olmsted Falls City Schools, Olmsted Falls The Petsitter Submitted by Kacie Burton --------------------------------------------------------- Kacie Burton runs a pet sitting business called The Petsitter. She takes care of pets from lizards to cats to fish, and charges $5 per night. Kacie’s first customer was a chocolate lab named
Jovi. She has also taken care of fish named Larry, Curly and Moe, and a cute Puggle named Minnie. Kacie thinks her business is a bargain for pet owners, and they can be assured that their pets will be well-cared for. Kacie is a fourth grade student of Mrs. Lindsey Ambrosia.

Westerly Elementary School Bay Village City Schools, Bay Village First-Fourth Key Chain Company Submitted by the students and teachers in first and fourth grades ------------------------------------------------------------- First and fourth grade classes at Westerly Elementary learn about running a business in this integrated economics unit. Students learn first hand how to establish a business, make a product and market
that product. Students in the first grade are partnered with a fourth grade buddy. All are introduced to various principles of economics. Students manufacture, market and sell colorful beaded key chains. This school year, the First-Fourth Key Chain Company sold more than 1,300 key chains at $1 each, with their venture making a profit. After expenses, seed money was set aside for next year. Students also visit a real manufacturing plant, like Bonne Belle or Quebecor, during the school year. Teachers involved in First-Fourth Key Chain: Barbara Woodburn, Nancy Glinka, and Mary Jo Mahall.
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Production and educational outreach funding is generously provided to Biz Kid$ by a coalition of America’s Credit Unions.