RVA Children’s Business Fair - Short Pump, VA
Sunday, March 24, 2024
1:00PM - 4:00PM
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About the fair
INTRODUCTIONS:
“Hi! I’m Anya, I’m 9 years old and I’m excited to host a Children’s Business Fair as I love finding fun activities to do with my family and friends and sharing these opportunities with my community. Experiences in business are not usually offered to kids my age so I hope this Children’s Business Fair gives kids a chance to put their creativity and skills to work in a fun and friendly environment”.
“Hi! I’m Aaryan, I’m 11 years old and I want to host a Children’s Business Fair to encourage kids like me to start a small business venture and gain valuable hands-on experience. I’m looking forward to working with friends, learning from others and making sales. I hope all the kids who sign up will improve their entrepreneurship skills and gain confidence, and have fun during the process”.
DETAILS:
RVA Children’s Business Fair in Short Pump VA is a one-day marketplace with free booths set up for children to sell their products and services to friends, family and the general public to get real life experience in launching and operating their own business. The goal of the fair is to inspire children to discover their inner entrepreneur and learn about business while also having fun! Free registration, ages 6-17.
DETAILS:
RVA Children’s Business Fair in Short Pump VA is a one-day marketplace with free booths set up for children to sell their products and services to friends, family and the general public to get real life experience in launching and operating their own business. The goal of the fair is to inspire children to discover their inner entrepreneur and learn about business while also having fun! Free registration, ages 6-17.
Just click on the green “APPLY TO THE FAIR” button at the top of this page to start your journey as a kidpreneur and launch your own startup. You can always update or edit your application later by clicking on Contact Us with your changes.
OBJECTIVES
The main objective of our business fair is for children to learn about business while having FUN with friends and family. Learning objectives include:
The main objective of our business fair is for children to learn about business while having FUN with friends and family. Learning objectives include:
- Create a business name, logo and marketing materials
- Learn business terms like sales, cost of sales, profit, loss and how to budget
- Practice soft skills like selling, relationship building, negotiating and teamwork
- Create a product or service and make it your own
Need some inspiration to sign up? Look no further! Here are some incredible stories about famous entrepreneurs who started their business careers as kids.
The billionaire owner of the Dallas Mavericks and star investor on the TV show Shark Tank started his business career when he was 12. One night he asked his Dad for a pair of expensive sneakers while he was playing cards with friends. One of his Dad’s friends said, 'I've got these garbage bags I need to sell. Why don't you go out there and sell them?'" The bags were sold in boxes of 100 for $6. Cuban went door to door in his neighborhood and convinced customers that since they'd be buying trash bags anyways, they might as well buy them at a cheaper price from him.
America’s most famous investor, Warren Buffet, also known as the Oracle of Omaha, would buy packs of gum from his grandfather's grocery store at the age of 6 and then spend his evenings going door to door in his neighborhood selling packs to his neighbors.
England’s most famous entrepreneur, Richard Branson, chairman of the Virgin Group including Virgin Airlines, Mobile, Media, Hotels and Galactic brands, noticed at age 11 that there was a business opportunity amid the popularity of parakeets as children's pets. He used one of his school vacations to start breeding parakeets in his backyard to sell. By the end of the school break, the birds were multiplying faster than he could sell them but this experience inspired his career in business.
SOURCE: BusinessInsider.com
Hosted by
Amishi Amin
🗓️ Started hosting in 2023
🚀 Has hosted 1 fair
50 booths participating
Creations by IzzyLane
Twin Creations
And 48 others.
Frequently asked questions
What is a Children’s Business Fair?
A Children’s Business Fair is a one-day marketplace where children can sell their products and services to friends, family members and the general public to get real life experience in running their own business. The goal of the fair is to inspire children to discover their inner entrepreneur.
How many businesses will you accept?
We have no minimum or maximum number of businesses we will accept.
Where should I begin?
Start with our resources page. Read inspiring stories about other young entrepreneurs to hone your business skills.
How do I apply? Can I apply as part of a group?
Application must be submitted online. Please submit one application for each business. Children working as a group should submit one application that includes each child’s information. No more than 3 participants per business.
What is on the application?
The application asks kids to think through some simple, but important elements of their business:
- What product or service do you plan to sell?
- What price will you charge for each product/service? How much will each product/service cost you?
- How will you pay for your startup costs? If someone is helping you with your startup costs, how will you pay that person back?
- How will you advertise/market your business before the fair?
- At the end of the fair, how will you determine if your business was a success?
What if someone else has the same business idea?
Two cupcake businesses? Not a problem. In general, we will let market forces play out, though we will let later entries know if another applicant has a similar idea so the later entrant can decide what to do.
How will the fair be set up?
The fair will be an indoor event with booths. Each business will be given a booth with 1-2 6-foot tables and 3-4 chairs. No electricity will be provided for booth use.
What are the rules?
This event is designed to give children the experience of selling a product or service. If a parent is found selling or promoting a child’s product or service, their child’s business will be disqualified from the competition.
Parents of younger children may sit in the booth, but the children should be responsible for set up, customer interaction, and sales.
Parents may help their child fill out the application, but we expect the children to do as much as possible by themselves.
