Franchising for kids
Thursday, 10 April 2008
It appears you can never be too young to learn the lessons of business and money.
Florida-based FranChild is providing children with a chance to earn extra pocket money by launching a mini franchise business.
Kids are no longer limited to a lemonade stand. FranChild featured kids have created ventures in;
Soap in varieties of honey, citrus, peppermint and tea tree.
Beeswax candles.
Jewellery that includes rings, earrings, bracelets and necklaces.
Apparel, specifically organic cotton shirts.
FranChild aims its franchises at children aged five to 15, with a standard membership to the program beginning at $US25 a year. Included are ready-to-go business cards, marketing ideas and newsletters. Franchisees will also have access to the $75,000 FranChild Resource Centre, which is a small business incubator of sorts. Kids can then begin purchasing inventories of stock to sell on.
For an extra $2 per month, members have the option of launching a website through FranChild.
FranChild describes itself as: “A story about a dad and mom helping their kids learn about business, and sharing that knowledge and success formula with anybody who wants to do the same thing for their child.”
Advertisement
