Monday, February 16, 2009

Small Businesses for Teenagers

By Kay Riter

Teenagers are always looking to make more money. They understand that they need money in order to buy the things they want. Therefore, in order to get what they want, they have to make money. It's hard to find money at this age and it isn't always that easy to get a part time job, and even if they do get one, it's rarely the job of their dreams.

A job is the first place most teenagers look to start making money. This isn't always viable. Sometimes it's hard to find a job and if they do, they often don't get many hours. Another idea is to start a small business. Some teens and kids have started small businesses that grew into successful corporations.

A small business doesn't have to turn into a million dollar corporation in order to be considered successful. It can start small and remain small and still make you money consistently. Babysitting, lawn mowing, and a paper route are just a few of the most common small business ideas for teenagers.

You may not look at each of these ideas as a 'business', but it is. When you mow lawns, you charge them a fee for the service you are offering. This is a business. You are being paid for the goods or services you offer.

As long as you stay professional and treat your business like a business, you should be able to consistently make a profit. Tell everyone you know about your business. Tell friends and family and promote it using fliers and getting the word out every way you can. Make your business look professional by giving it a name, setting up standard fees, making a logo, and treating your customers and clients professionally. Do a great job and your clients will begin to refer you to people they know.

Other ideas for business are selling candy, snacks, and/or drinks in busy neighborhoods and parks. When people are outside, they get hot, thirsty, and hungry, and you can be there to provide what they need. Also, you could try selling these things to your friends in school, but make sure you don't get into trouble.

Tutoring is another idea. If you are great in a subject at school that many other people have difficulty with, you could set up a tutoring service. Talk with your teacher or guidance counselor to make sure it's okay. You can even charge a discounted fee for tutoring several kids at once. For example, if you are great at algebra but many others are struggling, say that you can tutor one person for $8 an hour or a group of 3 people for $6 each for the hour.

If you want to get a job to make some extra cash you can, but if you don't like jobs, aren't ready, or aren't old enough, consider starting a small business. You might just have entrepreneurship in your blood. Give it a try and be creative in your ideas! - 15224

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