How to Start a Business That Lasts As a Kid
Brainstorm!, Come up with a budget of what you are willing to spend., If providing a product think how much each ingredient or supply costs, and how much it costs for someone to drive you to the shops to buy them. , If providing a service, think how...
Step-by-Step Guide
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Step 1: Brainstorm!
Think, "What am I good at? Do I make things well? Am I hard working?" Think of a product, a service, or a need that someone must fill. -
Step 2: Come up with a budget of what you are willing to spend.
Make it small, but allow yourself to work with it. ,, How much do other people providing that service charge? , If low on money from your idea, then use word of mouth by telling your parents to tell your friend's parents.
Your friend's parents will tell other people until a lot of people know about your business.
If you still have money, print fliers and banners. , I sell at weekly markets, and that's where I advertise.
If one of your parents owns a shop at the mall, see if they will allow you to sell in front of it for a price, or if they will let you use one day a week also for a price , Price your services accordingly.
Don't be outrageous.
If you see someone doing the same service as you, check their prices and go a little lower than that at first.
When you gain experience you can raise the price.
Let's say you made everything for
10.00, then you want to make
5.00 profit and want to make more for
10.00.
Then you would price it at
25.00. , Make money and remember to keep some profit to buy more of your product, get more of your invention, or enhance your service.
Goodbye and good luck! May the money be with you! -
Step 3: If providing a product think how much each ingredient or supply costs
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Step 4: and how much it costs for someone to drive you to the shops to buy them.
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Step 5: If providing a service
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Step 6: think how much will you charge.
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Step 7: Advertise!
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Step 8: Find a place to sell.
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Step 9: Pricing!
Detailed Guide
Think, "What am I good at? Do I make things well? Am I hard working?" Think of a product, a service, or a need that someone must fill.
Make it small, but allow yourself to work with it. ,, How much do other people providing that service charge? , If low on money from your idea, then use word of mouth by telling your parents to tell your friend's parents.
Your friend's parents will tell other people until a lot of people know about your business.
If you still have money, print fliers and banners. , I sell at weekly markets, and that's where I advertise.
If one of your parents owns a shop at the mall, see if they will allow you to sell in front of it for a price, or if they will let you use one day a week also for a price , Price your services accordingly.
Don't be outrageous.
If you see someone doing the same service as you, check their prices and go a little lower than that at first.
When you gain experience you can raise the price.
Let's say you made everything for
10.00, then you want to make
5.00 profit and want to make more for
10.00.
Then you would price it at
25.00. , Make money and remember to keep some profit to buy more of your product, get more of your invention, or enhance your service.
Goodbye and good luck! May the money be with you!
About the Author
Rebecca Collins
Brings years of experience writing about creative arts and related subjects.
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