any business ideas for a 16 yr old coz i want 2 open my own business!!!!?

Answer 1

get an education first, learn about the economy.
Then think about your own business

Answer 2

Malichim is absolutly right on this. If you have to ask what type of Business you should open, then you are not ready to go into business for yourself.

I wanted to open a Business since I was about 13, but was not sure of what type to do. I left school at 17 with huge set of business qualifications like Business Management and English, and I took a job answering telephones in a Hotel.

Now, years later, I am now a Hotel Consultant, built on my long time in the trade, so I have both the knowledge to provide advice, and I understand the Market and how the business works.

So many people are showing off that they got Business Grants to fund their business, I started with my own savings, so people were more confident in me as I was investing my own capital in the matter.

If you go into business for the sole purpose of making money, you stand a high chance of failure. Two out of 3 businesses FAIL in the first year, and 2 in 5 in the years that follow.

What I suggest you do is stay at school, learn Business type subjects, read lots of information including Local Business Support advisors, and Read lots of Books. Not just Business books, read biographies of Famous business men and see how they did it.

Lastly, don't expect mass results straight away. Don't go in thinking about Luxurious grand sized offices, puffy leather couches and the likes. Start small. An office in the back bedroom started fine for lots of successful businessmen.

Answer 3

You have to be cruel to be kind, as the song goes:

Sorry to be negative here, but...

If you can't even decide what you want to do, then you simply aren't ready for this.

Also, while perfect English isn't a pre-requisite for being a successful businessman it does make a difference. Being serious here, if your opening question is typical of your writing style few people will take you serious and you will be doomed to failure before you send out your first tender / flyer / advert.

I'm not saying you can't succeed in life as an entrepeneur, just that I really don't think you are ready at this time.

Take my advice, as a few others have suggested, go back to school.

Take a few courses in English, in Commerce / Business management etc - see if your local college has a suite of courses to suit you.
Check with the DSS / Job cetre about entitlements while a part-time / full time student.
Also, while I certainly won't recommend any one bank in the UK, most of them have business packs you can take. These often have questionaires and advice that can help you decide if you are ready for this.

Answer 4

Go for it! Here are a few pointers;

1) Stick to a business in what you know and like.
2) Don't start off too big - plenty of time to grow.
3) Consider a part time business course; there's loads about the world of business to learn.
4) Be careful who you partner yourself with!

Peace and Good luck!

Answer 5

Best Small Business Idea Its All About You
By: Michael Clark

You'll like this article...forgive the site...it's in the devolopment process. However the content is there for all to use!!!

Answer 6

lemonade stand or some sort of landscaping business. One guy at my high school started his own and has already like 3 or 4 guys working for him.
But unless you have the money to get things started just stay in school, or get a part-time job untill you have enough money saved to start something, but save enough to where there is room for failure.

Answer 7

It depends on what your interested in and/or good at! Opening up an internet business could be a good idea.

Answer 8

Landscaping. Offer to mow/edge yards at a lower price than your competition. Once you have too many clients to handle yourself, hire other kids to assist you. By the time you're 18 you'll have a full fledged landscaping company (with others doing the manual labor). Good luck!

Answer 9

Go back to school, while you're schooling try an online business, its of much ease and not time consuming. Learn webdesign and get projects just like i do and its working fine for me. All you need to do is to be focused. Email me if you need clues on starting

Answer 10

Someone with your drive and determination..... I would be very interested in talking to. Unfortunately you have to be 18 for my business. If you can be patient and willing to wait, keep this website: http://cyf.ownanewbusiness.net. Thank you.