How to Start a Small Business For Teens Starting and managing a business takes motivation, desire and talent. It also takes research and planning. Small business sucess starts with decisive and correct opening moves. And, although initial mistakes are not fatal, it takes skill, discipline and hard work to regain the advantage. To increase your chance for success, take the time up front to explore and evaluate your business and personal goals. Then use this information to build a comprehensive and well thought out business plan that will help you reach these goals. Ideas for business can come from:
* Personal experiences -- hobbies, interests * Work-related experiences * Friends, family, teachers, coaches * The internet * Library research Think about:
* What do I like to do with my time? * What technical skills have I learned or developed? * What do others say I am good at? * How much time do I have to run a successful business? * Do I have any hobbies or interests that are marketable? Pre-business check list The final step before developing your plan is the pre-business checklist. You should answer these questions: What services or products will I sell? Where will I be located? What skills and experience do I bring to the business? What will I name my business? What equipment or supplies will I need? What insurance coverage will be needed? How much money, if any, will it cost to start my business? Will I need financing? What are my resources? How will I compensate myself? Your answers will help you create a focused, well-researched business plan that will serve as a blueprint. The plan will detail how the business will be operated, managed and financed.
http://www.sba.gov/teens/ideas.html Starting a business:
* Set personal goals * Create a business plan * Set up a home office * Create a professional image for your business * Funding your business, establish bank accounts * Business Laws - get a business license, Employer identification number , state licensing requirements, business preparation Small Business Administration - Teen Business Link
http://www.sba.gov/teens/
Business tips - http://www.sba.gov/teens/tips.html
Hello from a life-long entrepreneur; My first advice is "find your market". A business needs to have a product and customers who want to buy that product. Whether its a paper route (your product is actually a service in this case), stocking groceries (again, a service) or selling door to door, you need to have something that someone wants to buy. This may sound basic, but so many businesses forget this rule. Also, you will always be successful doing what you like. What are your hobbies and interests? Is there any way other people might pay you for your knowledge? Maybe you could start a web site advertising your expertise. You can also sell ads on your web site and make money that way. Don't worry about the complicated legal stuff like forming a company. If you are a 13-year old kid, and your business does not have any risk involved, then you would operate as a sole proprietor. But, if something goes wrong, you could be held liable. You should speak with a lawyer or accountant about these issues. Maybe your parents can help as well. Thats all I have time for, but remember, just by asking this question is shows you are a motivated individual, and that puts you two steps ahead of everyone else. I started selling vegetable seeds door-to-door when I was 10, and never looked back! Its great owning your own business. I wish you the best of luck. Lets keep the answer on the K.I.S.S. (keep it simple stupid) principal. The fact that a 13 year old can create his own business is great. But lets not fill a child head with the idea of Accountants or layers. A teen cannot afford that. He can either make some kind of craft in his spare time to sell, and build a customer base through friends and family, or offer some kind of service. Nothing complicated. This 13 year old can also offer to sell other people's junk for a comission. There are also books that list many differen't kind of businesses a person can do and how much they cost to get started. They are great references that I used to brain storm in the past and have worked very well for me. Perhaps you could start a lawn service such as mowing, raking leaves, shoveling snow, and so forth. Or a pet service for your neighbors who go away for the weekend or may need to have their dog let out or animal checked on while they are at work. Errands for senior citizens or busy moms might be an option as well, depending on what type of access you may have to local stores and such. There are many opportunities for any person who is willing and able. As to the legality of a "business" you are a minor and therefore would not be held legally liable; the law presumes that private persons who employ anyone under a state's legal age of majority does so at their own risk. This of course does not mean the young person can deliberately neglect or fail to complete an agreement, that is an matter of ethics and should be addressed accordingly.
= = Yes very possible! I did it! Ask yourself this, 1.What is your service? 2.What is the catchy name of your business? 3.profit? 4.Is it okay with your parents/guardian? Once these questions are ed, you can create a website! I did this using jimdo, i was very impressed with how easy it was and that to top it all off it was free! TIPS: It may be easier to '''sell''' things rather than a spa or dance academy etc. WARNINGS: The internet is '''''not''''' allways a safe place so adults '''''can''''' be of help to you. To view my website go to http://shopthebasement.jimdo.com/
Cut neighbors lawns, shovel neighbors driveways in the winter, babysit, paper route, beg parents for allowance, rake neighbors lawn in fall, walk neighbors dog, water neighbors flowers while they are away, or do any of the above for your parents and beg for payment. ---- You could also make money by running a charity club with your friends. Make handicrafts and sell them in your neighbourhood. Donate 70% of the money collected, and 30% can be distributed amongst your friends.
if you are thirteen child labour laws prevent people from hiring you but if you get creative there are tons of ways you can earn money. A couple of ways are dog walking, babysitting, lawn care, you can probably even earn money by doing chores around the house!! I am thirteen and i got 600 dollars from stocks my mom helped me by them and luckily they went up and thats is but you need monry to start with. it doesnt have to be that much though
Yes because if they win the lottery they can start there business and they wont have to go to college
yes you can start a business with 100k
Yes, you can start a business by forming a corporation.
How do I start at pet creamatory business?
It depends on the business you are trying to start.
how i start yarn trading business
Start a pet, cooking, or decorating business
YES! depending on the circumstances the court can decide to try a 17 yaer old as an adult in an assault case
I would like to start a drivers education business in Kansas, where do I start?
To grow in business
he asked his parents for $1000 to start his business
how to start an auto registration business in california
The money used to start a business is called capital.