More about making it in business

Business Education for Kids

Emerging generations have budding entrepreneurs across the United States enrolling into educational programs that foster an interest and understanding of the free market economy. Young entrepreneurs have surfaced to develop their presence in the business world. Even children completely void of business aspirations have undertaken the responsibility of learning personal finance strategies. Children can start learning business fundamentals by managing parental allowances, building small savings, balancing a checkbook, budgeting according to income, and placing items on layaway, instead of borrowing, to obtain them at a later date. Parents who take the time to instill financial sense into their children will ensure a prosperous future for them in adulthood.

Business Ethics for Kids:

  • Business Ethics 101: Youth Radio presents interviews of college graduates who identify examples of unethical business practices, including the Enron scandal, Bernie Madoff, and Martha Stewart.
  • Essentials of Business Ethics: An introductory resource page for the basics in business ethics, including key factors for working with customers/employees, safe working habits, honesty in conducting business, and the three drives for making business a success.
  • Ethics 101: According to a report administered by the Partnership for 21st Century Skills, conducting ethical business practices requires a combination of six essential life skills, including critical thinking, problem-solving, creative thinking, communicating, innovating, and leading towards a specific goal or objective.
  • Business Ethics 101 (PDF): Nancy D. Solomon offers a short summary about the core principles of business ethics, and methods for identifying sound practices.
  • Ethics, Critical Thinking, and Communications (PDF): A module focused on teaching the basics of business ethics, including critical thinking and communication skills.
  • Business Ethics: An extensive web page summarizing various approaches to business ethics, conducting business foreign countries, and eco-conscious business practices.

Business Games for Kids:

  • Be Your Own Boss: An interactive game that allows users to select a number of entrepreneurial roles, including a car washing service, comic book publisher, and dog walking service.
  • Amuse Park: An interactive game that allows kids to building their own theme park and amuse people.
  • Tycoon Online: A multiplayer, browser-based business strategy game that allows each player to own and run a company.
  • Lemonade Stand: Young entrepreneurs stereotypically start out learning to conduct business by selling lemonade. This interactive game allows kids to explore business fundamentals by creating, pricing, and selling lemonades to virtual neighbors.
  • Gazillionare!: In Gazillionare, kids start a small business and then trade to create a business empire.
  • Math Puzzle: A website dedicated to offering printable word puzzles and games for children of suitable ages.

Business Math Lessons

  • What is Profit? Loss? (PDF): A scholastic printable with word problems focused on total net profit and losses accrued from damages or expenses.
  • Business Math Lessons: Money Instructor offers business math lessons for teachers and instructors, including basic business math, consumer math, and practical applied math.
  • Business and Personal Financial Math: A course syllabus with modules teaching students core principles of business sand personal finances. It includes everything from whole numbers, decimals, fractions and equations to insurance and statistics.
  • The Mathematical Atlas: A comprehensive database of math lesson plans on a wide array of divisions within the subject itself.
  • Basic Business Math (PDF): A general guide for beginning business majors who wish to learn more about basic business math. The author of this book intended to clarify how to define whole numbers, fractions, decimals, percentages, equations, formulas, and percentage formulas. It also focuses on equations, formulas, percentage formulas, applied mathematical principles, and graphs.
  • Basic Business Math Training Module (PDF): A basic math training module providing an overview of basic business math skills, including addition, subtraction, multiplication, division, decimals, fractions, ratios, percentages, order of operations, word problems, and calculators.

Money Management

  • Kids Money: Kids Money provides interactive resources for parents, teachers, teens, kids, and organizations to help instruct kids how to develop sound money management habits.
  • Children And Money & ICFE Kids: The Institute of Consumer Financial Information offers prudent tips and advice for young Americans, including basic financial information, credit educational course, introduction to debt, savings and investment rundown, and managing credit.
  • Practical Money Skills: A comprehensive radio series teaching financial literacy to people of all ages. It offers a complete toolkit to a better understanding personal finance, including budget creation, retirement savings plan, and adequately using credit.
  • Planet Orange: An interactive game teaching kids to earn, save, and invest money. It includes a resource guide for parents to competently teach their kids money management skills.
  • The National Endowment for Financial Education: The NEFE High School Planner introduces a seven-part series on money management, including financial planning, budgeting, investing, defining good versus bad debt, and identifying legitimate insurance options.
  • Money Management: for Kids: The Parent Teacher Administration (PTA) introduces a small essay about general money management strategies for kids, including the core principles of ownership, managing, accountability, generosity, faithfulness, discipline, and contentment.

Business Ideas

  • From Student to Entrepreneur (PDF): A tutorial teaching students how to quickly generate and evaluate business ideas, including a combination of learning modules and worksheets for beginning entrepreneurs.
  • Business Ideas Classified by Sector (PDF): A compilation of business ideas for entrepreneurial student teams. Each classification entails various business models related to a specific industry.
  • IdeaCafe: Small Business Ideas: IdeaCafe presents an extensive list of various business models across a broad range of industries, including computer businesses, consultant agencies, expert insight services, Internet businesses, computer technology, entertainment, screen printing, sewing, property maintenance, writing, memorials, sales, and more.
  • United States Small business Administration: The U.S. Small Business Administration (SBA) provides helpful tools and tutorials for individuals seeking to open their own small business, including brainstorming, instructional, preparatory, and conclusive resources to establish a small business from scratch.
  • Business Planning Central: A complete resource center offering tutorials on writing, preparing, and creating a business plan.
  • Tips For Starting A Business: Some great tips and ideas for young people looking to start their own business.