Smart Business Ideas For Young Entrepreneurs – Summer is starting and the kids have a lot of free time on their hands. If it means your child is asking for extra pocket money for all their activities, maybe it’s time for them to start their own business! There is no age limit for doing business. Running a business can teach kids a lot about money and responsibility. They can pay for their business with permission or you can agree to help them get started if they create a reasonable budget. So here are 9 great business ideas for budding entrepreneurs!
Your child can print fun posters for the neighborhood and surrounding areas. Offer to water plants, feed fish, deliver mail, and more when people are away on vacation or traveling. Let your kids know that certain touches like turning on the AC or leaving fresh cut flowers on the counter the day their customers get home will result in repeat customers and referrals.
Smart Business Ideas For Young Entrepreneurs
Take the babysitting game to the next level. Your kids can be the go-to babysitter for your town. They can reach out to all their friends and create a list of guardians. To build trust, your child may want all babysitters to have Red Cross certification. Then they put it on Facebook, put out flyers, and let local parents know that when they need the last sitter, call the agency!
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Does your child wash the windows or mop the house? They can turn that skill into a business! Create a fun flyer with regular cleaning fees or a list of a la carte services and start advertising in the community. Buy organic cleaning products to provide a high quality “green” cleaning business.
The next generation knows more about social media than most small business owners today. If your child knows how to use Twitter, Facebook, and Instagram they can help local businesses grow followers and connect with new customers. They could read on the best social media charts and call on local business managers. Offer a free week of services to demonstrate their skills. Then provide weekly or monthly management plans. The best part? No initial fee!
Is your child a young athlete, and also an entrepreneur? Start a business by placing ads for private lessons targeted at young athletes at local stadiums. Offer hourly lessons or small group lessons to athletes looking to improve their skills. This is especially popular in the offseason when kids struggle with losing ground on their growth spurts.
Bath bombs, soaps, and facial products are all the rage! Fortunately, bath bombs are not difficult to make at home. While your child may have some basic supplies and supplies, most of the things they need are inexpensive. They could sell door to door or at local farmers markets or CSAs. Check out the easy to follow bath bomb making guide here.
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We all have a lot of junk in our homes, but it’s rare that you feel like you have enough to sell the entire garage. Organize a garage sale in your neighborhood or get permission from your local school to hold it in their parking lot on the weekend. Advertise with neighbors and online, charging a small fee to participate in the sale. Charging $10 a family can bring in big money!
Bathing a dog can be a huge pain, even for dog lovers. But if your child loves animals and doesn’t mind wrestling with soap, a dog bathing service may be the way to go. They could create a small pool for children, a hose, and an animal-friendly soap along the way, or volunteer to go to a pet!
Summer means fruit season, which is the perfect time to make jam! If your kids learn the easy way to make jam (and seal it properly in mason jars) they can make a big batch of jam to sell all summer and fall. Strawberry, blueberry, peach and many people will want to buy local jam made by a young chef! Check out an easy and delicious recipe for blueberry jam here!
Do you see anything that matches your child’s personality? Have your children started successful businesses? Let me know in the comments! With so many business ideas in 2023, it can be hard to decide which ones are worth pursuing.
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While jumping on the bandwagon can sometimes be risky—it can also be very rewarding. You can see that many of the ideas on this list are growing in popularity recently. Some have been popular for a long time, making them more competitive but less dangerous. However, all the small business ideas below will help you make money.
If you have been wondering what business to start, then this list is for you. According to many small business owners, one of the biggest motivations for opening your own business is being your own boss. Owning a business gives you the freedom to work when, where, and how you want.
Do you want to work at the beach or at your grandmother’s house? Go ahead, no one will stop you or question you. This is the dream life many people hope to live one day, and thanks to some great business ideas, achieving this lifestyle is within your reach.
Are you looking to sell products online but don’t have the money to buy and maintain an inventory? Consider dropshipping! Dropshipping is an ecommerce business model where you don’t need to handle any physical products.
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All you have to do is set up an online store and connect with vendors who are ready to store, pack, and ship orders to your customers. There is no need to spend hours looking for a product, because you can use dropshipping apps like Automizely to find awesome products to sell.
Check out this fall course from Shopify to learn more about selling online without inventory. If you’re looking for easy online business ideas to find, it might be hard to find something that really hits home. It is one of the easiest businesses to start if you have access to the right tools and resources.
The main reason people are often drawn to dropshipping is that you don’t have to hold a hat. However, if inventory management is not an issue (perhaps there is enough space in that closet), you can consider looking for products to sell.
Online marketplaces like Handshake enable small business owners to find unique, high-quality products and build long-lasting relationships with advertisers. It’s worth looking into as an addition to dropshipping if you already know what you want to sell.
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Print on demand (POD) is when you sell your own design on things like phone cases, mugs, and t-shirts, but you don’t actually print the design. Instead, you work with suppliers who print your design on the product – they even package and ship the item to your customer, so you don’t have to worry about logistics. Also, you only pay when you sell products. There is no selling equity without money.
One of the fastest ways to start is to create a Shopify store and install a POD app like Print. In terms of marketing, partnering with Instagram influencers to promote your POD products is an effective way to reach an audience. To find out if print on demand is the right choice for you, watch our video where we get into a healthy debate with Wholesale Ted (a print-on-demand company).
People who speak multiple languages are always in demand, so if you can speak two or more languages, consider starting a small business where you can monetize these skills.
You can find clients on Upwork and Flexjobs and gradually build your portfolio. As you work successfully with multiple companies, you can hire multiple multilingual translators to take things off your plate. It is also a good idea to market your business on a social media website, as it can help you reach a larger audience.
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Do you have a few hours to spare each day? Translation is one of the best side business ideas to find, as it allows you to target your customers based on where you are working.
Website flipping is among the new business ideas that have got everyone from work-at-home-parents to fresh graduates excited. It involves buying an existing website, improving the design and content, and then selling it for a profit.
There are several places where you can buy and sell websites for profit. Shopify’s marketplace, Exchange, for example, allows you to buy ecommerce websites that you can further improve through content marketing, SEO, and other techniques. Once your site starts generating more revenue than you were earning, you can list it as marketable.
If you have knowledge of cooking and see it as a creative product, you can make good money by opening a home cooking business.
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The initial cost depends on how big you want the setup to be. For example, if you start with small events you can handle
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