eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 

Your Online Guide » Relationship Advice » outdoor activities for kids

[K60]Kids Starting A Business
by Joelle Davidson, Joe
Oftentimes, they get a job at a Burger Joint, where they learn how to listen to a boss, and how to work with others, but then they may also have to give up some extracurricular activities, study time and time with family. Not terrible things, but enough of a challenge that many families are helping their kids start their own businesses.

Why? Let's compare the lessons your kid is learning working at a burger joint verses starting a business.

1. Responsibility.

Burger Joint: Yes, it teaches responsibility. You need to show up for work and do a good job or your boss and co-workers will get mad at you.

Entrepreneur: Teaches you responsibility as well. You need to work hard or you won't get paid.

2. The Value of a Dollar

Burger Joint: You learn that time is money.

Entrepreneur: You learn that creativity, ownership of responsibility and hard work is money.

3. How to Market Yourself

Burger Joint: Teaches you how to fill out an application and go on an interview to market yourself. You do this once and then you're done.

Entrepreneur: You have to market yourself and your business on an ongoing basis if you want to make any money.

4. Customer Service

Burger Joint: Service with a smile or your boss may reprimand you.

Entrepreneur: Service with a smile or you don't get repeat business and your income drops.

5. Banking Skills

Burger Joint: You learn how to collect a paycheck and how to deposit it into the bank.

Entrepreneur: You learn how to budget for advertising costs, taxes, and expenses and weigh them against your profits. You learn to deposit your income into the bank and write checks to cover expenses. You learn how business works.

As you can see, both options have benefits. As for which option you'll choose? That's up to you and your child.

Starting a business with a shoestring budget is a more common occurrence than you think! Sure, whenever you take a look at the small home based business literature that seeks to sell business opportunities, you will find copious examples of how $5,000, $10,000 or even more could set you up for a life of riches and the quintessential American dream of working from home; however, only a fraction of home based business entrepreneurs actually start out this way! It is quite impossible for many people to even consider a huge investment. So, is there another way to go for those who may be long on ideas and time but short on cash? YES!!

Consider for example the profitable eBay retailer who started out by selling her or his kids old doll houses. With little more than a digital camera and a cable to upload the photos, she or he was able to attract interested buyers to the site and if the item was priced right, probably also closed the sale. From there it is only a hop, skip and a jump to sell not only unwanted personal belongings, but also items purchased wholesale elsewhere, items received for little or no money from friends and family, and even home made articles! The initial expense to get started is negligible – if you already have a digital camera there is precious little else you need. You need to be creative and think about ideas that others may not have thought about or ideas that you have seen and think you could improve without breaking the bank.

Another commonly traversed road is that of skill marketing. As a skilled seamstress, for example, who already owns the basic tools of the trade for the everyday sewing you may do, why not create a couple of beautiful showpieces – such as your niece's communion dress or your cousin's wedding dress – and then pass out business cards are the events? Request the cost of materials as a down payment and then charge for the labor at pick up of the garments. You will find that the only expense you will need to pay to get started is that of having a few business cards printed up. The garments you use as showpieces you most likely would have created already!

Service businesses are also a great way to get started. House cleaners, window washers, lawn care specialists, and others who are willing to provide a come-to-your-home service are in huge demand by those who need help in these areas and it is not surprising that their services will be in hot demand. Start up is simply the cost of some flyers or business cards as well as the basic supplies. Even those may be purchased at cut rate cost from a dollar store. The complete expensive is probably less than a fast food meal!

As you can see, starting a business with a shoestring budget and succeeding is not a market anomaly but instead it is a common practice that is engaged in time and again on a daily basis by would-be entrepreneurs who are not afraid to venture out and give it a try!

Article Source : Best Vacation For Teens

About Author
Both Joelle Davidson & Rob Bish are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Joelle Davidson has sinced written about articles on various topics from Kids and Teens. Joelle Davidson welcomes you to where you'll find plenty of free information to help your kids start their own businesses.. Joelle Davidson's top article generates over 720 views. to your Favourites.

Rob Bish has sinced written about articles on various topics from Home Based Business, Work From Home and Kids and Teens. . Rob Bish's top article generates over 14800 views. to your Favourites.
EditorialToday Relationship Advice has 2 sub sections. Such as Family Relationship and Relationship Communications. With over 20,000 authors and writers, we are a well known online resource and editorial services site in United Kingdom, Canada & America . Here, we cover all the major topics from self help guide to A Guide to Business, Guide to Finance, Ideas for Marketing, Legal Guide, Lettre De Motivation, Guide to Insurance, Guide to Health, Guide to Medical, Military Service, Guide to Women, Pet Guide, Politics and Policy , Guide to Technology, The Travel Guide, Information on Cars, Entertainment Guide, Family Guide to, Hobbies and Interests, Quality Home Improvement, Arts & Humanities and many more.
About Editorial Today | Contact Us | Terms of Use | Submit an Article | Our Authors