My children desire to start their own buisness?

Question

I desire to encourage my children to reach their dreams.
They have asked me many times to help them start a buisness.
This started after they took a class at school.
I am not asking for opinions on how to raise my children at this time.
I may do so later, lol, but now I am just looking to see if anyone knows of a good buisness to start with them.
They are way smarter than I was at that age.
I am looking into some wholesale stores that will allow us to buy and sale at a profit but am checking the BBB about them.
Does anyone know of a good wholesaler that is legitimate .
Please let me know, THANKS

Answer 1

I found some book titles that are relevant to your specific question:

* Generation, Inc: The 100 Best Businesses for Young Entrepreneurs by Elina Furman, Leah Furman
* The Young Entrepreneur's Guide to Starting and Running a Business (Completely Revised and Updated) by Steve Mariotti
* The Young Entrepreneur's Edge: Using Your Ambition, Independence, and Youth to Launch a Successful Business (Princeton Review Series) by Jennifer Kushell
* Upstart Start-Ups!: How 34 Young Entrepreneurs Overcame Youth, Inexperience, and Lack of Money to Create Thriving Businesses by Ron Lieber

I also posted some article links in the source box.

Hope that helps! I wish you much success & happiness in all your ventures!

Answer 2

In the U.S., I really recommend a franchise of some kind. Nearly all independent business fail, while nearly all franchise business succeeed.

There are at least five thousand different franchise businesses in the U.S. to choose from - Paint stores, clothing stores, food stores, tech stores, hardware stores, car parts stores, etc. You name it, and there is likely a successful franchise availble.

Look for a growing company, in a growing market segment, to be successful. Remember, the key to getting rich in America is to follow the four step plan:
1. Start a business
2. Build it up
3. Sell it
4. Repeat

Answer 3

A very large amount of small businesses fail within three years. The best thing to do is to work in the type of business you want to start. See what you think of it after some experience. It's too big a risk. get a real job with benefits.

Answer 4

Start them early in business if they are interested because that opportunity might be lost when not granted. Guide them properly so that they could understand the intricacies of business. Anyway, do not forget to give them the proper education even when they are engaged in business.

Answer 5

hi, here is a specialized webpage containing 10 methods making money online or doing business online.

http://www.adcenter.net.cn/make-money-online.html

maybe that will help you or give you some bright idea.

Best Wishes && Good Luck!