Although I have owned several traditional businesses (service and retail) for the last 20 years, I have come to realize that one of the easiest and most profitable small business that kids (& families) can start is an online business. I know of precious few other businesses that can be started with the following characteristics:
-No Debt. Debt makes everything happen too fast. It puts too much pressure on your business. Debt is the #1 reason most businesses fail in the United States.
-Start Small. You don't want to bite off more than you can chew. If you have never had employees, you do not want to start off with 10 of them! Remember, all things need a chance to incubate before they can grow and your family business is no exception.
-Teach your kids entrepreneurial skills. There are plenty of small businesses that kids can start, and the whole family can get involved. It's a great way to learn business skills and teamwork, while building a strong bond with your family!
-You don't need much capital. Family businesses are inexpensive to set up, and offer great rewards.
-Work only as hard as you want to. You don't have to spend untold hours sweating over a hot keyboard. Modern technology frees you from many of the time-consuming tasks, freeing you to enjoy your life.
-Earn money, even while you sleep! Your online business is open 24/7, no matter where you are.
-Small risk, huge rewards. Since you're not investing a lot of cash, the risks are minimal. And with a bit of care and attention, you can make amazing profits with your online business.
This business plan for online business shows you some of the advantages of starting a small business that kids (and families!) can start. We will continue to bring you interesting, informative articles to help you pull it all together to create a successful online business.
A disclaimer - I'm not talking about connecting with some huge multi-level marketing scheme. This is about YOU starting YOUR OWN business, one that will succeed because of YOUR efforts. Stay tuned for more articles that will help you develop your business for maximum profits.
-No Debt. Debt makes everything happen too fast. It puts too much pressure on your business. Debt is the #1 reason most businesses fail in the United States.
-Start Small. You don't want to bite off more than you can chew. If you have never had employees, you do not want to start off with 10 of them! Remember, all things need a chance to incubate before they can grow and your family business is no exception.
-Teach your kids entrepreneurial skills. There are plenty of small businesses that kids can start, and the whole family can get involved. It's a great way to learn business skills and teamwork, while building a strong bond with your family!
-You don't need much capital. Family businesses are inexpensive to set up, and offer great rewards.
-Work only as hard as you want to. You don't have to spend untold hours sweating over a hot keyboard. Modern technology frees you from many of the time-consuming tasks, freeing you to enjoy your life.
-Earn money, even while you sleep! Your online business is open 24/7, no matter where you are.
-Small risk, huge rewards. Since you're not investing a lot of cash, the risks are minimal. And with a bit of care and attention, you can make amazing profits with your online business.
This business plan for online business shows you some of the advantages of starting a small business that kids (and families!) can start. We will continue to bring you interesting, informative articles to help you pull it all together to create a successful online business.
A disclaimer - I'm not talking about connecting with some huge multi-level marketing scheme. This is about YOU starting YOUR OWN business, one that will succeed because of YOUR efforts. Stay tuned for more articles that will help you develop your business for maximum profits.
About the Author:
Stephen Beck shows 7 easy steps to starting a home business. For a free CD discussing those steps, visit Work at Home immediately.
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