In this episode of the Dollars and Sense Show host Carol Topp discusses

What a business plan can do for your micro business

Based on her book Starting a Micro Business, Carol explains what a business plan for micro business can do for you and why a it is guaranteed to bring you success!

Show Notes:

Creating a Business Plan

Concept:

The product or service

How to measure success

Marketing

Potential customers

The competition

How you will stand out

Financial Plan

Cost to start

Price to customers

On the show Carol mentioned a YouTube video based on her book, Starting a Micro Business.

and her Pinterest page with lots of micro business ideas

Here’s a free e-booklet on creating a business plan for a micro business. This is a 24 page extract from Carol’s Micro Business for Teens books

Tune in for the next Dollars and Sense show on November 21, 2013 when Carol will discuss Unplugging the Christmas Machine: Four Things Children Really Want for Christmas.

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In this episode#2 of the Dollars and Sense Show host Carol Topp discusses

Finding and testing a great idea for your micro business

Based on her book Starting a Micro Business, Carol explains several ways to come up with a great micro business idea and then test that idea so it will be a success!

Show Notes:

How to come up with a great micro business idea:

• See a need
• Consider your interests
• Consider your skills and talents
• Brainstorm
• Copy someone else: Go to MicroBusinessForTeens.com Idea page or the Micro Business Ideas Pinterest page!

How to test your idea: Do a mini market survey. Ask at least 5 potential customers if they need what you are offering, would they buy from you and what price they are willing to be paid.

You can conduct your survey in person, by email, on Facebook or with the help of mom and dad!

On the show Carol mentioned 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 November 7, 2013 when Carol will discuss what a business plan can do for your micro business.

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Subscribe: Google Podcasts | Spotify | Android | TuneIn | RSS

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

Podcast: Play in new window | Download

Subscribe: Google Podcasts | Spotify | Android | TuneIn | RSS