Small Business Ideas for Kids ( Teenagers )

 

 

Thanks to the Internet, the resources to learn a brand new skill are at your fingertips. Just be sure, regardless of what business or skill you wish to study, that you find a qualified online source to learn from. The Internet, though invaluable, has a vast amount of misinformation to be wary of.

Here are a few business ideas to consider:

1.Moving Assistant

Moving is stressful, especially when you have a lot of possessions or a large house to organize. My first business was professional organizing, and moving assistance was one of the services I offered. This was a popular service, especially for seniors who find packing and moving to be physically and emotionally difficult.

How to Get Started: Start by helping someone move for free. Take pictures of everything you do, and put up a simple website advertising your services. Be sure to also obtain a testimonial from the people you help.

Next, start networking with senior centers and neighborhoods. When seniors move in, they always have to dramatically pare down their possessions. By partnering with senior living facilities, you can help incoming residents pack up their old home and move to the community.

2. Etsy Retailer

Do you know how to make awesome necklaces? Do you paint, knit scarves, take photographs, or make your own soap? Do you have a great eye when it comes to picking out vintage clothing?

Selling your artwork, jewelry, and other clothing and crafts on Etsy is a great way to earn money, and you can do it right from your home. There are plenty of artists who make enough on Etsy to ply their craft full-time, so if you’re “crafty,” selling on Etsy is worth considering.

How to Get Started: Take a look at the art, jewelry, clothing, or vintage items you have. Is it good enough to sell? If it’s something you like, then chances are that someone else will like it too. Keep in mind that you can also sell gourmet cookies, cupcakes, sauces, and candy and chocolate on Etsy.

If you do not currently create arts or crafts – but you would like to start – scour the web to search for easy DIY projects. For instance, fashion blog Honestly, WTF has an awesome DIY section, as well as BLDG 25.

3. Babysitter

Babysitting is a great way to earn money because there are almost no start-up costs. All you need is a great reputation or great references, and the ability to find local parents.

How to Get Started: Post fliers in your neighborhood advertising your services. Join sites like Sittercity and Care.com to put up a profile and find jobs. Keep in mind that if you have special skills, such as CPR training or any certified childcare training, you’ll stand out from the pack.

4. Kids’ Taxi Service

Parents are always stretched for time, so why not start shuttling their kids to ballet, violin, karate, or soccer practice? Parents can stay at work longer or spend more time relaxing and cooking dinner while you drive their kids to after-school activities.

How to Get Started: There are a few things you’ll need for this business idea. First, teens are often seen as untrustworthy drivers. Therefore, you will need a reliable car and the ability to prove that you’ve never been in an accident or received a driving violation. You’ll also need a good car insurance policy, ideally with high medical coverage amounts for your passengers. And you’ll likely want to invest in two quality car seats if you’ll be transporting children who require them.

Keep in mind that in some states you need to be 18 years of age or older to transport people younger than 20. Be sure to check your own state laws to see if you’re eligible.

5. Computer Tutor

Chances are, you’ve been using a computer for as long as you can remember. You know how to troubleshoot, how to organize files, and how to use Google to find whatever you need. Though these are essential modern skills, not everyone possesses them. Therefore, you have the opportunity to impart your knowledge and work as a computer tutor for older adults, teaching them how to set up an email account, navigate the Web, or sign up for RSS feeds.

How to Get Started: Talk to your local public library or community center about creating a computer tutoring class. Ask questions to find out what people need and want to learn. Often, residents will stop by such places that offer adult education to inquire or make requests for specific classes. You can also distribute flyers at senior centers or senior communities – just first check to see if they allow soliciting.

6. Errand Runner

The more people are pressed for time, the more they hate running errands. Therefore, you can start a business to run errands for them. For instance, you can pick up groceries, take the dog to the vet, pick up kids from daycare, and chauffeur older kids to the mall or to a friend’s house. You need to be a jack-of-all-trades, but it’s actually rather easy work.

How to Get Started: Seniors, upper-middle class families, and busy parents are all part of this target market. You’ll need a reliable car and good references, as some of your duties may involve handling other people’s money. You might also want to consider offering a “senior discount” to get your foot in the door, or even working for free for the first few jobs in order to get some great testimonials. Use TaskRabbit and Craigslist to search for opportunities.

Other Ideas

Need some other great ideas? Take a look at the following jobs and side business ideas you can take on to earn money:

  • Language/academic private tutoring
  • Music lessons
  • Post-construction clean-up
  • Garage sale organizing and hosting
  • Holiday decorating
  • Dog walking
  • Lawn care
  • Vegetable garden planting and maintenance
  • Professional blogging
  • Graphic designing
  • Freelance writing
  • Creating and printing custom t-shirts
  • Growing and selling organic vegetables, fruits, and herbs to restaurants
  • Selling on eBay
  • Selling used textbooks
  • Making gourmet jam, jelly, and sauce (most states require you to have a certified kitchen if you sell food items. so be sure to check your state’s laws)

Filing Taxes

Don’t forget, if you earn more than $400 per year then you have to claim the income you make with your business on your income taxes. You need to pay income tax in addition to the self-employment tax, which covers Social Security and Medicare payments.

Yes, this can be a hassle – but it’s the law, and if you avoid doing this you could face stiff penalties. The IRS has a comprehensive FAQ page for entrepreneurs, which includes how to estimate how much tax you’ll owe at the end of each quarter. Also see this guide for filing taxes for kids and dependents.

Final Word

Working for yourself is incredibly rewarding. It provides plenty of challenges, but it is important to not allow yourself to be discouraged by the ups and downs of starting a business. Persistence and creativity are the most important traits you’ll need to succeed, and while you may not find the immediate success you desire, you will attain new skills and experiences that will prove to be invaluable in the long run.

Have you ever started a small business? What challenges did you run into, especially as a teenager? What advice do you have for young people who want to start their own business?

 

 

-See more: http://www.moneycrashers.com/business-ideas-teenagers-kids/

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