Young entrepreneurs have come a long way from running lemonade stands and delivering newspapers. Today, young people as young as 13 years old are starting and running full-fledged service and manufacturing businesses.
While there are no reliable figures on the number of preteen and teenage entrepreneurs in the United States, all evidence indicates that an increasing number of young people are showing great interest in starting and running their own businesses.
This section of our website is to help you become an entrepreneur. What we hope to do, at the very least, is to give you the basic skills you need to start and run your own business.
What's In This Section
Biz Benefits--Benefits & Misconceptions Of Youth Entrepreneurship. This section gives reasons why entrepreneurship is a good thing. It also gives some of the reasons parents don't encourage the entrepreneur in their children;
Biz Ideas--Just some ideas about the types of businesses to consider starting;
Biz Plans--This section tells you how to write a business plan. It includes defining the business, evaluating and estimating the market, and financial issues associated with the business;
Mistakes--Common mistakes made by young entrepreneurs;
Law and Taxes -- Filing papers to open a business and paying taxes.
Record Keeping--Keeping proper records for taxes and so you can gauge the profitability of the business.