How to Help Your Child Start a Small Business

Do you own a company that you hope your child will run someday? Or do you want to see your kids become successful entrepreneurs like you? Pique their interest by helping them start a business of their own while they’re still in school. I believe starting a business is one of the best educational experience you can give your kid.

Here’s how.

1. Keep things simple.

Businesses like these work well for children:

• Lemonade stand
• Sales of baked goods
• Babysitting or dog walking
• Cleaning or lawn mowing
• Purchasing and reselling used merchandise
• Gift wrapping
• Almost anything else that interests your child

2. Show kids how to plan. 

3. Fund it!

4. Follow the rules.  Check with your state and municipality for laws regarding your child’s potential business.

5. Help market the business. Show them how to build relationships by introducing them to people you know.

6. Try not to interfere too much.

Read the complete article at How to Help Your Child Start a Small Business | Intuit Small Business Blog

My policy is to stop at every lemonade stand as a show of support for entrepreneurs.
Here is a favorite book by that title.
Stopping at Every Lemonade Stand: How to Create a Culture That Cares for Kids: by James Vollbracht

"Children's lives today are complex, stressful, and dangerous. Kids are overscheduled, come home to empty houses and neighborhoods where they don't know a soul, and in school, face violence-all too often from their peers. In Stopping at Every Lemonade Stand, James Vollbracht provides a blueprint for transforming our unstable and disconnected culture into a healthier, supportive one. Vollbracht bases his approach on six overlapping circles of community-our personal circle, families, neighborhoods, larger communities, business worlds, and elders-and outlines simple actions within each circle that will help rescue our kids. Through a rich blend of heartwarming anecdotes and creative, practical strategies, Stopping at Every Lemonade Stand affirms the age-old wisdom that the power and responsibility to heal our communities rest in our own hands."