Do you dream of having your own business but need experience? Would you like to earn some spending money over the summer? You need a Business in a Bag!
What is it?
Just like it’s name suggests, you get a bag full of items which you can then sell.
Who is it for?
Young people – 8-18 years old
What will my Business -in-a-Bag sell?
You will be sent 18 x pin badges – mixed designs, all mounted on a card back and a bag to carry your stock around in.
The stock will cost you £28 (£1.55 per badge) but will have a value of £63-£81 depending on how much you sell them for (£3.50-£4.50).
I don’t have £28, what can I do?
Time to get creative! Are there any clothing or computer games you don’t need anymore and could sell? Can you ask if any friends or family need any odd jobs doing like car washing or raking leaves?
Or, maybe you can find an investor (friend or family member): someone who can lend you the money and you pay them back when you have sold the stock. The best way to give the investor the confidence that they will get their money back is to do a business plan:
It is not as hard as it sounds; just write down when you will aim to start selling (a few days after the event maybe?) and how long it will take you to sell enough items to reach the £28 loan. To give you an idea, the pin badges sell for £3.95 to the customer so you would need to sell 7 to repay the money. Do you know 7 people that would like funky flamingo and sloth pin badges for the summer? I am sure you do!
Can I see the pin badges and recommended prices?
Yes – everything is here: www.bodlondon.com
You will get a mixed selection but if there is anything specific you love, just email: firstname.lastname@example.org after you have ordered.
Thanks to our wonderful partner WBC who supplied the bags. https://www.wbc.co.uk