3/26/2009

The kids business book

In this book they show people ( mainly kids ) who started their own business. The kids started their business mainly because: Money and more Money! When they get enough money for the thing they want most, they'll close down their business, or keep on going. They started particular businesses because of what their city needs, what they enjoy to do, and what they're good at. The important things I think is important are 1. You should always find something that's helpful or useful to your city or the people their going to be working for. 2. you should think about your price and how much money you're going to spend on the accessories tha you will need later on when you start your business. 3. You have to think about how to attract the customers by posting ads and telling friends to tell other people. I think those are the important things you need to learn. Some risks the kids fell into was the price and loosing people. They also had trouble doing it by themselves because sometimes they had trouble doing it all by themselves. So they asked for help from friends or family members. Some productive resources they needed was help from people, advertisement, and resources they needed to keep their business going. Profit is what you have left after you subtract your expenses from your income. If you don't make any profit then you should raise the price or start a new business instead of quiting and never coming back to the business world again.