Is your child looking for a way to make some extra money? Do they have an idea to make or do something to create a source of income? If they are ready for something beyond a simple lemonade stand in front of your house, it's time for a few lessons on running a business. Whether you have a business background or not, your child can learn all about the world of business with the How to Start Your Own Business guide.
A Great Guide to Business for Kids
The How to Start Your Own Business guide is a fifty three page ebook that will take your child from the basics like naming their business, to more advanced topics like taxes. It was created by a homeschool mom who had a daughter that wanted to start a cake decorating business, and it has everything your child will need to start a business. Lessons are done in notebooking format. Once you print out the pages and put it in a notebook, you are ready to begin.
Each page is written to the child (but it was a good exercise for me as an adult too). On the top of each page there is an exercise for the child to complete. Examples are given and then there is space on the bottom of the page for your child to fill in the information.
Depending on which section of the guide they are working on, exercises can include; coming up with a name for the business, calculating the cost to start the business, keeping track of supplies, or making out daily to do lists.
How to help kids start a business
- The first section focuses on the business idea. In this section your child will complete tasks to help them decide what their business will be and what they plan to do.
- The second section is about setting up the business. In this section your child will complete exercises to find out how much money they need to start their business and what kind of prices they can charge.
- Once the basics of the business are figured out, your child will start on the third section which is all about advertising. Your child will learn about different types of advertising and which ones will work for their type of business.
- The fourth section covers customer communication. Your student will learn about; appointments, order forms, and tracking orders.
- The final section of the How to Start Your Own Business guide is about accounting and more. Your child will create to do lists, track inventory, and find out if they need to pay taxes.
While the guide is self explanatory and written to the student, there is also a teacher's guide. The teacher's guide gives the parent more information about each task the child is asked to complete. It offers additional information, provides links to websites, and makes the entire process a better experience.
The How to Start Your Own Business guide is a simple but thorough resource if you want to know how to help kids start a business. It was created by Kate at ModernAlternativeMama.com