On the Dollars and Sense Show first show (yes, show #1!) host Carol Topp discusses
What is a micro business and why is it such a great idea?
Based on her book Starting a Micro Business, Carol explains what a micro business is and why it’s such a great way for a teenager (or mom and dad) to earn money
Show Notes:
What is a micro business
- Simple and fast to start up
- Only one worker, the owner
- Sole proprietorship (only one owner, unlike a partnership or a corporation)
- Little start up money needed or completely debt free
- Usually home-based
- Low risk
- Manageable
- Learn while earning
What can you learn?
- Business skills: customer service, marketing, pricing, record keeping, taxes, etc
- School skills, math, writing, speaking
- How to manage time, balance commitments, multi-task
- How to overcome shyness, be unique, gain confidence, overcome fear and express yourself
On the show Carol mentioned a a YouTube video based on her book, Starting a Micro Business.
and her Pinterest page with lots of micro business ideas
Learn more about starting and running a micro business and tune in for the next Dollars and Sense show on October 24 when Carol will discuss finding and testing a great idea for your micro business
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More from my site
Dollars and Sense Show # 3: What a business plan can do for your micro business
Dollars and Sense Show # 2: Finding and testing a great idea for your micro business
What do you give an author for Christmas? Dollars and Sense Show #32
Start a Micro Business with No Debt. Dollars and Sense Show #16
Start a Micro Business with No Money. Dollars and Sense Show #15
Teach preschoolers about money: Dollars and Sense Show # 7
how should i ask a business if i can sell thear products
Email or call them and ask if they have a reseller agreement. It helps if you use their product and can say how wonderful you think it is!
-Carol Topp, CPA