A business-savvy school kid has been raking it in by flogging sweets to his pals and online.
Luke Scotney, 11, has pulled in £1,000 after he started a business with his mum providing sweets that were safe for people with nut allergies.
He and mum Michelle Scotney, 40, now say they’re pulling a whopping £500 per month in and are now on their third restock of goods.
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The Peterborough pair forged the idea when Luke got frustrated about not being able to find sweets that were safe for him to eat because of his nut allergy.
He said: "I have a severe nut allergy, and it's been impossible to find pick-n-mix sweets that are safe to eat.
"I pitched the idea to mum and we looked and couldn't find anyone doing something similar – so we launched the idea ourselves.
"We're currently on our third restock of sweets having sold out twice before.
"We've made about £1000 – but we are on track to make more."
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They came up with Sweets4mysweets.com, born from Luke’s desire for a nut-safe pick and mix.
Now the business caters for all kidneys of allergens, not just nuts, and Michelle says she’s ready to put both time and money into the venture.
She said: "Luke's ideas up to this point had always been great – just a bit out there.
"But the nut-free pick-and-mix business was genius and, more importantly, very feasible.
"He's allergic to peanuts and tree nuts so he knows what it's like not to be able to have pick and mix.
"So I lent him the money and together we launchedSweets4mysweets.com.
"The expense of using a website builder was huge, so we did some research and built our own.
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"It took about a month of trial and error – but when we found the format we wanted, we got it up and running in a day."
They buy bags wholesale from two providers and sweets come in 3kg bags.
The mum and son duo are 50/50 partners in the business which sold out before Christmas and now has just done so again, pulling in £500 in profit each time.
Luke added: "Mum's in charge of the finances and I'm the creative one – although I'm learning all the time.
"75% of all profit goes back into the business, 12.5% goes in my savings and 12.5% goes to repaying my mum and dad for the loan.
"Obviously the money is great, but it's just as much about providing people with sweets which they can trust and enjoy.
"Me and Mum work great as a team and so far there's been no hiccups – but we're always prepared for the future.
"It doesn't matter I'm young now, I plan to expand this business right through to adulthood – I can't wait."
Speaking about what her son is doing with his newfound wealth, Michelle said: "Luke invests in silver coins from a website, as they grow in value.
"Silver is starting to become a rare commodity. It's used in iPhones and in cars, so it's going up in value.
"The coins themselves weigh around an ounce and come in sets. They are released constantly and differ in rarity."
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