Starting Your Own Business in High School
Every year as soon as the weather is nice enough, young businesspeople begin to earn money at lemonade stands around the country while they also learn a bit about what it takes to work with products and customers. Later, in high school, students can learn many of the basics of running a business and possibly begin to earn money to use for university, trips to other countries, or special things that they want to buy.
Running a lemonade stand is a relatively simple kind of business, with only one product and just a few ingredients. Running other businesses can be much more complicated, however, and they can take up a lot of time and effort. If you are considering starting a business, you should make sure that you want to spend hours every week building up the business, finding customers, and taking care of supplies and anything else that you need.
Many different options are open for high school students who want to start a business. Lawn care and snow shovelling are good for people who like being outside, and pet sitting is good for anyone who likes animals. Other options include grocery delivery, house cleaning, technical support for computers, and even teaching. Almost any business is possible for people with the time and skills and imagination.
If you have an idea that you could turn into a business, the first step is write out a business plan of what you want to do and how you intend to do it. This step involves doing research to find out about your possible customers, the costs of your materials or tools, and anything else that you need to know. You will need to decide whether to work with another person or alone and make many more decisions about how to run your new business.
Even if you end up working alone at your business you can get help in setting it up and getting it established. Some universities and other schools offer summer programs for students to learn how to become entrepreneurs, and information is always available at business centres and schools. Taking courses in business management is a good idea, even if you still have several years to go before you finish high school.
Knowing the technical and financial aspects of running a business is important, but knowing how to deal with people is also essential. Most business programs include advice on business etiquette and customer relations techniques that can help business owners to deal with customers without driving them away. You can also learn some of these techniques on your own or by talking with established business owners.
Do you have a business idea that you would like to pursue? Maybe you can already start, even in high school or earlier. You never know what might develop in the future, and even a bad experience can help you learn what you need to know to become a successful business owner.
Alberta Learning Information Service.” Occupational Profile Motorcycle Mechanic.”
Canada One. “Starting a Business in Canada.” http://www.canadaone.com/tools/startingabusiness.html.
Ordoñez, Silvana. Summer camp teaches high school students to start their own business.”
Services for Youth. “Starting Your Own Business.” http://www.youth.gc.ca/eng/topics/jobs
Ward, Susan. 10 Best Small Business Ideas for Students.” http://sbinfocanada.about.com/od/businessideas/a/summerjobbiz.htm.