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Old 05-05-08   #1
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Default How can a teen run a business that is not just self- employment?

I want to start a business and I'm 15. Often the "businesses" teens start are really just other forms of jobs (aka mowing lawns, walking dogs). How can I do the work to get the business on its feet and then have other people run it for me for a commision or something. I've considered hiring some of my friends who are interested in making some money but I dont know if i could leave them with a mower and trust them to finish the whole job with quality. I would of course give them a share. It is even legal for me to hire employees. Also do you have any tips for me to start a business or know of resources that can help. I'm always looking for good mentors (books, websites, friends, friend's bosses, you) Thanks!
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Old 05-05-08   #2
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Default How can a teen run a business that is not just self- employment?

At your age, it seems a little silly to want to leave someone else to 'run' your business. I can understand 'hiring' your friends, but assuming you'll get to sit back and wait for the money to roll in is HIGHLY unrealistic. But no, it's not 'illegal' to give friends a cut of the money to help you....although chances are they'd rather just cut you out of the equation and get ALL the money instead of just SOME of it.
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Old 06-05-08   #3
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Default How can a teen run a business that is not just self- employment?

i think the biggest challenge in hiring people would be getting their respect and if you hired friends it would be hard to find ones as commited as you. plus finding someone honest to help you would be challenging. i think the lawn business would be a good place to start though because it is not too wild or big. maybe do 6 months working wth some friends to get a feel for it and then hire some younger kids the next year to take over for you because they wouldn't challenge your authority as much. try taking business classes at the local comunity college to get more information.
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Old 06-05-08   #4
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Default How can a teen run a business that is not just self- employment?

The law about child labor in the State of Washington is such that under 16 years of age you can only work so many hours a week.I had a crew when I was 9 years old, I hired my friends and my dad paid us all 50 cents an hour. I learned at a very early age to manage a crew. To be responsible of a crew, you become the trouble shooter. You oversee everything they do and you must point out what they do wrong so they correct them to satisfy your customer.You are the one in charge of their mistakes. You are, they are not because they are under you. If you train them correctly to be aware at all times, they will not mow an expensive bush.Anger only leads in bankrupcies. Successful management only exist because managers have endless patience to train the co worker to perform at the level desired by the customer.It is up to your leadership ability to create a successful team.Never ever EVER take your job so seriously that they quit on you. If you have 3 scheduled jobs on the same day and no one is there to perform, you are guaranteed to fail that day.Any jobs can be rescheduled if you call before the job is due. To not show up and not call will end a contract, even a verbal contract, in no time. Unless you are the business owner and you have a reason to justify the flackyness of your crew member. An excuse can only be accepted so many times by a customer, unless you are the only one in the world who can perform the job.I put a US Government Contract on hold for 6 months because I refused to sign in blue ink their stupid contract. I flat out refused to fill out the forms they request me to fill out. For 6 months, I put many corporations on hold so they could think of what they were asking of me. While they sweat from Champagne on their luxury Yatch, I was a leader of a slave labor crew here in Seattle. I even had to hire illegal Mexicans from downtown Seattle to work on Sundays to clean up on job sites so the owners of the luxury Yatch could continue sipping their Champagne.Treat your employees as you would wish to be treated by an employer. I have always gone to bat for my employees. As a result, all of my employees became very loyal to me. I have been in many different types of business ventures throughout my career because I could. And life is no longer like it used to be. Back then, you started a career and lived that career for 50 years like my dad. Today, the more career you have, the more employable you become.Among the ones you will hire, only keep the gogethers. You must fire the lazy ones and the trouble maker ones. If you fire those that do not want to pitch in equaLLY , you will gain respect and eventually you will only magnetise in your crew those who can make the cut.Document everything. Each one in the crew must document everyday they work for you. Get Invoice Books with carbon copies so you get a copy of their activity at work on a daily basis. Pay them to submit to you on a daily basis the info about the work they did that day. Customer name, job performed, description of hick ups during the job, customer interaction with your crew member, things that need to be done the next time you work for that customer.If they do not submit a carbon copy of their invoice on a daily basis, they do not get paid unless the circumstances are beyond control. Now your role is no longer to mow grass, but to oversee your crew of 4 guys. 2 on each teams so they have the camaraderie at work to engage with a co worker. I did landscaping for years and I had a small crew. I always teamed up with a co worker to work with because landscaping can be quite demanding physically and emotionally.As a business owner, you have cost incurred your crew members do not have. You must pay an accountant at the end of the year, they do not. You must find out what your operating cost will be after the summer is over so when you share your profit with your crew members, you are fully aware of the future cost of doing business. The IRS can take up to 3 years in asking you to pay taxes.If you go on a shoe string operation, no taxes involved and your customers pay you cash, then you are in a totally different ball game. The key is to be on top of where the money comes from and where is it going. Let say you pay your guys $ 12/ hour to mow grass for you for your customers, charge your customers $ 19 / hour if you pay taxes. If you do not pay or collect taxes, then still pay your crew $ 12 /hour and charge your customer $ 16/hour.Out of the $ 4 you made off of each of your guys per hour , put $ 2 aside and keep $ 2 for your self. The money you keep for yourself is your management fee to operate your business and find the customers and the $ 2 aside is for them, your crew. Set a precedent of generosity and I promise you , you will become a millionaire before you are 30.I can answer your question for hours. To be a leader in the business world is a lot of fun. If you are serious about this, contact me directly at caroline@wormswrangler.com and I would love to continue answering your questions about running a business.btw Greetings from SeattleCaroline
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Old 14-10-08   #5
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A simple business such as this doesn't really need much of legal papers what so ever. But hiring your friends to do work for you may cause conflict in the near future. Be very careful with the decisions you make that would involve money.
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Old 24-10-08   #6
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I think your mind is in the right place, you can see the potential for making use of other people's time to bring you income. Additionally you can see that maybe your friends may not be the best option in this to give a quality output for what your customer may expect. Both are valuable parts of business.

However at your age, i believe you may be better to start off with as you put it a business that is more like a job for you, as suggested by Jeanne, spend 6 months or a year working at this type of business (maybe lawncare) yourself, you will take more of the profit then if you had to pay someone and you will then be able to build some moey to use as an investment later on for another business. By doing this you will also build your skills in how to manage a business, how to deal with customers (happy and not so happy), even if you don't start out doing so over the time you will realize you need to manage the finances and in general you will gain a great deal of knowledge in how to run a business purely from doing it that other people dont always take the time to learn.
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Old 22-02-10   #7
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Welcome to our web www higheelshoe com so many beautiful shoes are waiting for you now, we always keep the principle “good service, high quality, fast delivery”. Don’t hesitate, so many surprises you will find! Looking forward your visit!
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Old 12-10-11   #8
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with online outsourcing it should be easy
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Old 26-10-11   #9
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Business like online shopping, Like the online shop on Facebook..
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