THE TEEN ENTREPRENEUR

PROJECT 1: CHOOSING YOUR TEEN-BASED BUSINESS

Choosing Your TEEN-BASEDBusiness WORKSHEET

1.  Exploring your business possibilities

Instructions: In the table provided below, select three businesses that appeal to you. Rank your selections in order of your interest level in starting and running that type of business. Use a ranking of 1, 2, or 3, where 1 is your favorite and 3 is your least favorite. Type the rankings in the column labeled “Rank.”

Note: You are not limited to selecting only from the list of suggested businesses. If you are interested in starting businesses not listed, type them in the spaces labeled “Other.”

Business Option / Rank
Landscaping
Mobile Car Wash/Car Detailing
Bicycle Repair
Child Care
Pet Grooming
Pet Care (sitting/walking)
Arts & Crafts
Pet Treats
Gutter Cleaning Service
CD Replication
Food Preparation/Cooking
General Cleaning Service
Desktop Publishing
PC Tutoring
Academic Tutoring
House Painting
Freelance Writer
Artist
Photographer
Music Instructor
Hairstyling
Other:
Other:
Other:

2.  Assessing Your Skills

Instructions: Based on the three businesses you are considering starting, list the skills that you believe are required to successfully operate each type of business in the table provided below. In the first column, key the type of business, in the second column, key the skills required to operate the business, in the third column, key an “X” next to the skills you believe you already possess.

Choice #1 / Skills Required / Possess?
Choice #2 / Skills Required / Possess?
Choice #3 / Skills Required / Possess?

3.  Required Equipment

Instructions: In the table provided below, list the equipment that is required to successfully operate each of the three businesses that you are considering starting. In the first column, key the type of business, in the second column, key the equipment required to operate the business, and in the third column, key an “X” next to the equipment you already own or have access to.

Choice #1 / Equipment Required / Own?
Choice #2 / Equipment Required / Own?
Choice #3 / Equipment Required / Own?

4.  Of your three potential businesses, which one do you believe would be most profitable and why? Type your response in the space provided below.

5.  Based on your analysis of your interests, skills, equipment, and profit potential, which business have you chosen to start? Explain why you have chosen this particular business. Type your response in the space provided below.

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