Your hobby or favorite activity could be a great way to make money, so use this business guide for teens to get started! Successful entrepreneurs (people who start their own business and work for themselves) work hard, communicate well, can multitask, are organized, and manage their time and money carefully – if you don’t have all these skills, you can learn them as you create your business.
Well-organized, with many checklists and questions to ask yourself, Start It Up helps you write a business plan, scope out your prospects, build a realistic budget, and keep track of all the paperwork entailed in owning your company. Quotes and notes from teen entrepreneurs who’ve succeeded in their chosen line of work are encouraging, yet realistic.
You’ll learn about hiring and managing employees, publicizing your business, providing great customer service, and using your business to make the world a better place. Lots of resources for each chapter point you to sources of further information.
Whether it’s gathering a board of advisors, raising start-up money, registering your business name, or filing your self-employment taxes (yes, you have to pay taxes even if you’re not an adult), you’ll find information and remember-this guides to help you avoid common new-business pitfalls as you follow your passions to a well-deserved payday.
Recommended by: Katy Manck, Librarian-at-Large (retired academic/corporate/school librarian), Gilmer, Texas, USA