Small Business Saturday, which falls on Nov. 30 this year, is a great opportunity for parents with small businesses to involve their kids in the entrepreneurial process. Established by American Express in 2010, Small Business Saturday encourages consumers to support local stores to keep money circulating within the community.
Mompreneurs Ronne Brown and Lisset Tresvant share why they involve their children in their businesses during Small Business Saturday. Brown, owner of HERLISTIC, involves her kids in customer service, shipping, and fulfilling tasks to teach them the value of hard work and money. She also pays her children and teaches them about investing in the stock market.
Similarly, Tresvant, owner of Glow Esthetics Spa, enlists the help of her children in preparing products for shipping and dealing with increased demand during Small Business Saturday. By involving their kids in their businesses, these mompreneurs are not only educating them about entrepreneurship but also setting the stage for potential succession planning.
Hiring children to work in the family business during Small Business Saturday can provide valuable lessons in money management, work ethic, and financial literacy. It also gives parents extra help during busy shopping periods and can lay the groundwork for future involvement in the business. Ultimately, involving kids in Small Business Saturday can be a rewarding experience that teaches them valuable skills and fosters a deeper understanding of the work that goes into running a business.
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