Validating Your Summer Business Idea
You will need to think about the type of summer business you want to run, then research, refine and validate your ideas. Start by making sure you have the right skillset. For example, if you’re going to tutor or teach, do you have sufficient subject matter expertise to get the lessons across?
Not every idea you have will actually become a summer business. There are all sorts of reasons to say “yes” or “no” to specific businesses, so think about what your strengths and weaknesses are so you can choose a business you’d be great at.
Don’t assume that just because you have a summer business, running it and making money will be easy.
Even seasonal businesses have competitors, and you need to stand out, deliver superior products and services and excel in your chosen area.
Getting started in a summer business is easy, but becoming a success is harder. Before committing too much time, energy and money into your new summer business, it’s important to test the marketplace. Here's how: