Host a mini business party

September 24, 2009 Written by:

Teach your little ones the benefits of a successful business by hosting a bake and craft sale in your front yard.

Send out invitations to parents ahead of time inviting them to a street wide fair to ensure you have a promising customer base. Tell each child to break out their grown-up garb by encouraging them to sport their best business attire.

Have everyone choose a product to push, such as cookies, cider or beaded necklaces. Give everyone the supplies they need to manufacture the goods and remind everyone to help one another in their entrepreneurial efforts.

Provide each business with a table, but leave the marketing efforts to them. Give them poster board, colored construction paper, markers, paint, glitter and stickers and to promote their handmade masterpieces. Everyone should work together on fliers promoting the sale and distribute then them around the neighborhood.

After the sale, give out awards to each child, such as best team player or most creative marketer, to encourage good business practices. You might even surprise each child with a piggy bank with their name painted on it to inspire them to save their profits.