Medusa

What Are Some Potential Low-cost Businesses That Can Be Started And Operated By A Teenager?

<p>Teenagers make great entrepreneurs&period; What they&&num;8217&semi;re short on in experience they more than compensate for in enthusiasm&comma; energy&comma; creativity and the willingness to take risks&period; These attributes form a rich seedbed for business ideas to take root&comma; germinate and grow&period; Here we take a look at a few start-up ideas that would perfectly suit the ambitious teenage entrepreneur hungry for business success&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; center"><img class&equals;"aligncenter" title&equals;"In the Dentist's Chair &lpar;With Cruel Contraption&rpar; -- Colour &lpar;3 of 4&rpar; &num;draw365" alt&equals;"" src&equals;"http&colon;&sol;&sol;farm3&period;staticflickr&period;com&sol;2718&sol;4421310855&lowbar;de9f357ef8&period;jpg" width&equals;"530" height&equals;"407" &sol;><&sol;p>&NewLine;<h3><strong>Drop-shipping<&sol;strong><&sol;h3>&NewLine;<p>Most retailers keep a supply of goods in stock to sell off&comma; but with drop-shipping they instead transfer shipment and customer order details to a wholesaler or to the manufacturer who then ships the products to the customer&period;<&sol;p>&NewLine;<p>The profit made by a retailer who uses this type of supply chain management method will come from the differences between the price they pay for the goods &lpar;wholesale&rpar; and the price they sell them on for &lpar;retail&rpar;&period; Some drop-shipping retailers&comma; however&comma; also earn a percentage in commission&comma; depending on the goods they ship&comma; paid by the wholesaler to the retailer&period;<&sol;p>&NewLine;<p>A technology savvy&comma; enterprising teenager could easily&comma; for example&comma; visit the Apple store and make a list of which companies manufacture the various iPhone accessories&period; The manufacturers could then be contacted to ask how their items could be re-sold&period; Many manufacturers do direct drop-shipments&comma; but often you’ll get re-directed to a distributor that does this for them&period; Before very long you could find yourself selling major brands like Speck&comma; Belkin and OtterBox at a healthy margin&period;<&sol;p>&NewLine;<h3><strong>Private tutoring<&sol;strong><&sol;h3>&NewLine;<p>This may sound pretty unglamorous&comma; but there is in fact an enormous gap in the market for programming tutors that has to be filled one way or another&period; The colleges can’t handle the demand so it’s often down to young men and women with a natural bent for the likes of Python&comma; Perl&comma; C&plus;&plus; and Java to fill the hole and make pretty good money doing what comes natural to them and is often a hobby anyway&period; A rate of £30 an hour is usually just the start&comma; and with more tricky languages this could at least double&period;<&sol;p>&NewLine;<h3><strong>Program remote controls<&sol;strong><&sol;h3>&NewLine;<p>With all the domestic high tech kit proliferating&comma; many people are getting fed up with having to scramble about to find a remote for one of their numerous devices&period; They want ideally to have a single handset that will control the lot of them&period; Programming a remote control doesn’t come naturally to most people&comma; and although the single control will inevitably come as standard there is in the meantime a gap to fill&period;<&sol;p>&NewLine;<p>Visit the local electronic stores and go on the internet to find out which are the biggest&comma; most popular setters in the market and then turn yourself into an expert at programming these remotes&period; You can then pop back into the stores that stock them and sell your new services&period; The store can put you in touch with its customers and you go round to their houses to customise their remote controls&comma; connecting all the various devices up for easy access&period;<&sol;p>&NewLine;<h5>Featured images&colon;<&sol;h5>&NewLine;<p><span class&equals;"license">License&colon; Creative Commons<&sol;span><&sol;p>&NewLine;<p><span class&equals;"source">image source<&sol;span><&sol;p>&NewLine;<p>Jonny Lethernot blogs about freelancing&comma; accounting software by Intuit and financial tasks&period; In this post he offers advice for teenagers on how to start making money&period;<&sol;p>&NewLine;

Exit mobile version