Perhaps you are ready to earn your own money, but you don’t want to work for someone else, be tied down to certain hours, and have your work go towards making someone else rich. Then starting your own business might be the way to go. Here are some ideas that teens have used in the past to have their own successful businesses.
One idea for starting your own business is to make and then sell something. A very popular product that is not too difficult to make is candles. Scented candles are especially popular right now. In order to start a candle business, research the candle making process. Make a list of supplies, and then purchase just a few of them. Start small, as it may take a while to get the hang of the process. Make up a few candles, and then find a place to sell them. Craft shows, eBay, and friends and family are a great market for your homemade candles. Make sure you track your expenses and charge enough for your candles to cover your expenses and make a profit.
If you are especially creative, making jewelry might be a great business for you. Beaded and stone jewelry are extremely popular right now, and relatively easy to make. Jewelry can be sold at consignment shops, gift stores and craft shows. You may be able to sell some of your jewelry to your classmates as well.
Are you good with your hands? Perhaps fixing things could be a good job for you! Bicycle repair is a low-cost business with a huge market. People do not want to pay large prices for professional repair. Do some research, and find some old bikes you can practice on to get experience. Then start by marketing yourself to your friends. The great thing about fixing bikes is that there is very little overhead expense with this business.
Ebay is a popular catch phrase right now, but eBay can be the place for a successful business as well. In order to run an eBay business, you will need a product that you can sell relatively cheap. Consider shopping garage sales and flea markets. Look for name-brand merchandise that you can resell. You can actually research on eBay what has sold in past auctions. Do some research and find a product that you can make your niche. Start small and have fun. Keep in mind that eBay does charge listing fees for their auctions, so make sure that you charge enough for your products to cover your expenses.
One business idea you may not have thought of is an errand running business. Older people often cannot get out to run errands. If you have a bike or a car available, offer your services to run these errands. Be sure to charge for gas as well as time. Do not consider this business unless you are reliable, however, because people will be counting on you.
Each of these business ideas has a relatively low start-up cost, which is important, because if your are looking to start a business, chances are you do not have a lot of money to start it with. The important thing is to find something that you enjoy and have fun! Start small, and you will see the profits come!