Start a pet walking service. There are many people who are not able to come home during the day to let their pets out. By offering to walk their dog (or another pet) for a small fee, you will not only be providing a valuable service, but will get exercise in the process. Clean houses. You’re probably already a pro at keeping your room tidy, so why not help others organize and clean their own houses. Start small, by offering to clean or organize one room, before moving on to the whole house. Do yard work. Every season provides an opportunity to work outside. Whether it’s shoveling snow in the winter, raking leaves in the fall or planting flowers in the spring, there are no shortages of outdoor tasks that you can do for a fee.
Set up an account on an online site such as Etsy. Listings are active for four months or until they sell. Once purchased, there is a small commission fee and a standard PayPal payment processing fee. [1] X Research source Take pictures of your artwork or crafts. You’ll need a digital camera which can take high resolution shots, as customers will want to see the quality of your work.
Brainstorm potential names for your product or service, remembering that, the more your name communicates to consumers about your business, the less effort you must exert to explain it. [3] X Research source Once you have a name in mind, be sure to research whether an existing business or product goes by the same name. More than likely you will be able to find this information by doing a few, simple searches online, but just in case, you can always use a tool such as The Thomas Registrar, a particularly useful (and free) resource for finding unregistered trademarks [4] X Research source Consult with friends and family before finalizing the name. Have them write down what comes to mind when they hear the name of your business. Revise the name, if necessary, based on feedback you have received.
Spend some time online looking for initial information regarding your competition and also the market as a whole. For example, do a quick Google search for, “dog walkers near me,” and see what comes up. You’ll get a fairly good idea of how popular the idea is, based on the results. Once you’ve determined who your competitors are, don’t be shy about reaching out to them, as they can be a valuable resource for gaining a better understanding as to what to expect and what the actual need is in the market.
Create an initial list of potential customers including as much detail as you can think of. For example, my customers will be local families, with two incomes, who own a dog and work long hours. There is no such thing as including too much detail when it comes to defining your audience! Survey your target audience to get a sense for whether or not they would use your product or service. Be sure to ask lots of questions to determine the usefulness of your product, with respect to your target population.
Create a simple, but detailed budget for your business. Assess how much money you already have and what additional funds you will need, based on your budget. Detail how you plan to generate money and reimburse investors. People won’t invest in your startup unless they’re confident you’ll generate returns. Present both your business plan and budget to potential investors.
Don’t hesitate to purchase pre-owned equipment, if applicable, and make use of existing equipment when possible. Seek help from friends and family for temporary staffing solutions. This may not be a long-term solution, particularly if your business is successful, but initially, volunteers can be a great way to affordably grow your business.
Start by creating a website for your business. There are many sites available, which are free and easy to use, such as WordPress or Tumblr. Utilize social media sites such as Facebook and Twitter to spread the word. It’s essentially free advertising and is a great way to spread the word quickly and easily. Create a business card, which contains a few pertinent details about your business, including the website and your contact information. Reach out to local businesses. Ask if you can post a flyer with your information, so that other people in the community can contact you.
Contact your neighbors. One of the easiest ways to launch your new business is to reach out to the people next door (literally). Provide your neighbors with a list of your services, a flyer or a business card and ask them to spread the word. Have fun! You have successfully started a business as a teenager. You deserve to enjoy the moment and take pride in what you have created.
Gather all of your materials from the research phase, including information about your target audience and market. Consult online resources, such as, https://www. wikihow. com/Write-a-Business-Plan, for how to write the plan and what to include. It doesn’t matter how you craft your plan or where you store it. You can write in a Google doc, for example. So long as you do your research and present the plan in a logical fashion, you’ll do well!
Start by consulting online resources such as wikiHow to learn more about the process: https://www. wikihow. com/Register-a-Company Before registering your business with state agencies, you will also need to determine if you fit into one of the following categories[9] X Trustworthy Source U. S. Small Business Administration U. S. government agency focused on supporting small businesses Go to source : A corporation A nonprofit organization A limited-liability company or partnership It might be best to hire an attorney to help you sort out the legal side of your business, but remember to consider your financial situation before doing so and to involve your parent or guardian in the process, as well.
Consider what will work best for your business, with respect to your target audience, also keeping in mind your finances. If a physical location is necessary, be sure to choose a location that is close to your target audience. You may want to utilize a space that is either free or low in cost, when initially getting your business off the ground. Consider sharing a space. Retail space sharing helps small business owners pool their resources and support each other for shared success. [10] X Research source
