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Business Ideas for Kids
by Pearl Sanborn
I'm sure you've all been there...
You've just finished your shopping, your feet are tired and now you have to
push this loaded cart out to the car only to unload it again. Suddenly, as you
start to make your way past the first set of doors, the little eyes that are
supposedly behind you catch a glimpse of the big colorful machines directly in
your path!
Most of the time I hurry the kids past the money hungry machines, but when
they showed me the big colorful smiley face stickers, I decided to let them
indulge.
Trends being as they are, now that my kids are into the stickers, wherever I
go I notice other little ones who are collecting these happy faces! I probably
wouldn't have even paid attention to it before.
Being the entrepreneur that I am I decided to do a search online to see if we
could purchase the stickers at a wholesale price, even if we didn't own a
vending machine. Sure enough, I found a large wholesale company that specializes
in these and other colorful stickers.
The stickers cost 50 cents each in the vending machine but wholesale they
only cost fourteen cents each! Of course when you buy something wholesale, there
is usually is a minimum order. In this case the minimum was 300 stickers. So for
the initial investment of $40 and selling the stickers at 50 cents each, your
kids could make a profit of $110!
Think about the possibilities: fund raisers, flea markets, yard sales,
eBay
or friends. When I told my boys about the possibility of "selling"
stickers, they told me that kids already do this after school! I guess kids
trade or buy the ones that they want from each other instead of taking the
chance of not getting the one that they want out of the vending machine. I've
seen kids spend $5 trying to get that "special" sticker that they
want!
I think it's great for kids to have a little business of their own. It
teaches them responsibility, how to handle/save their money and how to treat
others. Also, kids who have some sort of business when they're young are more
apt to venture out into a business to support themselves when they're older!
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