Sunday, July 6, 2008 Running a Small Business Posted in Home Schooling Sometimes it is best to learn from actually doing... So Brent & I have set up Abbey in her own business. She will be selling products for cats. - by default her business name is called Abbey's Shop. As we breed kittens she has a ready market - many of the new owners love to talk to the kids & they knew we were going to get Abbey to do this - they named it Abbey's shop & it sort of stuck. Abbey has very fine taste & she even stocks futon beds for pets, cat mint bubble blowers - (the kittens chase cat mint bubbles), possum tails, hotties you heat in the microwave that stay warm for 12 hours, kitten food, litter etc.... We finished working on it yesterday & launched her webpage, down track she will learn how to make shopping online part of the website (I havven't learnt this yet so looking forward to learning how too) She is going to keep accounting records using a very old program we had  called NZ office , I don't think it is still around anymore - my one is on a floppy disk it's that old. Would love to get my hands on MYOB for her  to learn with - one day... She has to issue invoices, a profit & loss, GST & Tax returns, stock control, ordering stock, percentages, expenses - she thought it quite cool her cellphone now has become a business expense,- learn about marketing, customer service and many, many aspects of running a small business. She will get the opportunity to sell items on Trade me and also at the farmers market in summer. We have a family friend who is a business coach we might be able to tap into some of his training too. Homeschooling does offer some wonderful opportunities and this is one example - pretty awesome that a 14 year old (ok nearly 15) can have real hands on learning of running her own business. PLUS today I had a rep call in home selling Science stuff - Abbey was thrilled she now has her own scalpel, slides & petrii dishes - next we are looking out for a microscope. James had an awesome day out with Brent - road testing Amps - his birthday is in a few weeks and he is getting an amp for his electric guitar. • Post A Comment! • Send to a Friend! Comments Sunday, July 6, 2008 - Untitled Comment Posted by Citygal You guys are inspirational! Looking forward to hearing how Abbey's new venture goes, and all the best to her! Rachel L • Permanent Link