October 21, 2010

Kids start a business

Once Upon a Company
by Wendy Anderson Halperin

When the author's kids - Joel, Kale and Lane - were bored, she suggested they make and sell wreaths for Christmas. They would start a college fund with the money they earned. And so The College Fund Wreath Company was born. With help from family and friends,  Joel and his sisters were able to turn a profit.

In the summer, bored once again, their mom suggested a lemonade stand. They also sold peanut butter and jam sandwiches, creating The Peanut Butter & Jelly Company. As the companies grew, the kids added distributors, wholesalers, and employees. Some of their ideas didn't work, but their companies remained viable, earning them over sixteen thousand dollars for college.

Although the book is American-based (published in 1998), it is informative, fun, and encouraging. Good for any kid who's interested in business.

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