Business Ideas

START A BUSINESS OR FRANCHISE
EXAMPLES

Solve a problem/provide goods or services that meet people’s needs. Seek expert input. Get a business license and tax ID.

• For best results, continue to study business, computers, spelling, grammar, math, speaking, marketing, business law—and the industries that interest you.
• Never sell something that isn’t yours unless you have permission from the owners to do so (even art and ideas).
• As your business grows, hire a team of hardworking people (especially those with skills you don’t possess).
• Always plan your work; write specific goals and steps! Be flexible and creative. Make house calls. Work. Do your best. Be helpful—even if there seems to be no reward. Find partners with integrity. Budget your time and money. Keep your word. Be positive. Make decisions based on the best facts available (know your industry!). Constantly improve. Take care of your health. Be honest. Be Kind.

Build web sites, sell products or services online, review/rate organizations, clean homes/offices, build things/buildings, promote other people’s products/services, connect like-minded people (create an association/newsletter/conference), invent a life-simplifying product, create an app that tracks spending or caloric intake or gives other information, repair electronics/ appliances/vehicles/furniture, transport people/things, teach other people to do something that you have done.

The best place to find customers is among people you know. Even if your product or service is for a specialized audience (e.g., science teachers), your friends and family likely can refer you to people in that niche. Of course, organizations (the National Science Teachers Association, for example) are a logical first resource for reaching your target market. Find such groups online, on social media, and in your community.

Still, don’t neglect to inquire in your home/neighborhood circles! Make a list of everyone you know—leave no one out. Include any contact information you have on them. Email or call them and ask whether they know a science teacher (or whatever your target audience is) you could reach out to. In explaining your product or service, you may find that friends and family have interest as well.


TIP: Be sure you can trust the people you work for and with. Signed agreements can help you avoid some conflicts.

When life gives you lemons, apply for a food service license and a sales tax license and make lemonade. - Will Spencer

Small busniess startup checklist coming soon!

On the value of work: "This is an educational book for children to learn about values, finance and responsibility. It provides not only a story, but also exercises and examples at the end, which relate to the activities the boy encounters in the book. My favorite thing about this book is that it is a teaching book and leaves the reader with an interactive component. The illustrations were beautiful. … I believe children will learn from it and enjoy it. I recommend this book.” - Teresa Beasley, A&RBC Reviews Get the book.