You have a teenage entrepreneur in your family?

* Looking for a business? Adolescent offspring could do?

Colleges and universities run their own small business simulations, you can initiate an in-family. In this way, teach your son or daughter the basics of business and manage their own, can much better than any study of business class.

* What type of activity is suitable for a 16 year old?

There are all kinds of business opportunities that have arisen since Internet access has become almost universal. I refer to real companies, where there are things, or at least the information to sell to interested customers.

Many of these affiliate systems, in which the affiliate earns a fixed fee or a percentage on each sale.

affiliate systems have a low entry cost - are free. The only cost arises in promoting your affiliate links, usually through a website. Any teenager can build a website using free software such as Netscape Composer.

* What are the costs?

A domain name - Maximum $ 10
Hosting - about $ 10 per month

That's it. There are no costs more. The promotion will be free from various methods. These can include posting in relevant forums and writing articles that have a relevant website link.

* How does this teach any skill entrepreneurial flair?

The same basic research and marketing measures are necessary as in any business. Without research the company is unlikely to succeed. Web site without marketing is never going to be found, and the affiliate links are never going to get clicks and earn money.

* What type of activity is a ground for 16 years?

What about a customized business shirt? In this way, the young entrepreneur to upload artwork and have built in unique garments that only your website offers. Spreadshirt sites selling sweatshirts, coats and underwear and T, so the scope is vast.

* Where to find information about this activity?

* My 16 years really do this? Payments are made through PayPal, and 16 years can not take credit cards necesssary, so you would need to set up a PayPal account in the name of a parent, using the credit card of a parent.