Research claims that most successful entrepreneurs have ventured into businesses during their teenage years. While there are a plethora of business guides available, an enthusiast can learn the basics from experience. So, in this article, we have curated a list of 11 business ideas for teens. Not only this, but the article also mentions the measures and benefits which should be known before landing into a business venture.
In an academic career, teenagers often struggle to keep themselves busy during summer breaks. Hence, aspiring young entrepreneurs can try their hand at small business ventures, also known as side gigs. In this article, we have listed the 11 small business ideas for teens in 2024.
What Makes a Business Idea for Teenagers?
A venture for teenagers has a few criteria that should be kept in mind before initiating a business. To start a small business, a teenager should have,
Easily Accessible
For a teenager, managing a business that involves transportation can be a major concern. Hence, such ventures, that involve transportation, should be avoided for young teenagers.
Involve Flexible Working Hours
An average teenager looking forward to a small business should also have an academic background. In such cases, a young aspiring entrepreneur should only be taking the businesses that involve flexible working hours.
Have a Small Financial Investment
A business that involves teens in the ownership position, should not involve a major investment. Instead, the business should be initiated with a low-cost investment, preferably safe in the hands of an aspiring entrepreneur.
What Are the Benefits of Business Owned by Teens?
While it is popularly said that “with age and experience comes wisdom,” in the competitive century, starting something at a young age can be beneficial. Here are the other benefits of businesses owned by teenagers,
You Have The Luxury of Time
A teenager, who is still pursuing his academic career, has no time barrier, which helps the youngsters to decide what business will work and what will not. Since teenagers have fewer responsibilities, they will likely have more time to decide on the perfect aspect of entrepreneurship.
Can Have a Side Income
The teenagers, who are still pursuing high school education, can look forward to business ideas that will help them earn an extra income. The side income can also contribute to their pocket money which they receive from their parents or guardians.
Has Minimum Living Expenses
An average teenager does not have expenses like rent, groceries, and other utility bills. Hence, in such cases, the teenager can freely run his business without any involvement in expenses.
Also Read – Financial Tips That Will Help The Development Of Your Small Business
11 Best Business Ideas For Teens in 2024
The below list is covered with 11 business ideas which are suitable for a teenager to run as his side gig,
Freelance Writing
In this decade, one of the most viral freelancing jobs is a writing job, and several companies are looking forward to freelance writers. A teenager, who is fond of writing, and has created a writing portfolio, can start a freelance writing business.
Car Washing
Initiated with a small investment, a car-washing venture’s requirement is vehicle-friendly sponges and a car-washing detergent. Additionally, to advance the business, you could utilise a battery-powered vacuum, a fabric detergent, brushes, and cleaning interiors. By making enough clients, you can accelerate your business which can also generate extra income.
Landscaping
If you are an art enthusiast, you can start a landscape business, with a small investment which can be initiated with paint and a brush. With good art, a small business idea of landscaping can be easily done on the weekend. Not only this, but you can also elevate your skills by joining art classes.
Packaging Designer
If you have good graphic design skills, you can venture into packaging design. With a beginner’s knowledge of packaging material and printing accessories, you can have extra knowledge which will set you apart from other packaging designers.
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Musicians
If you are a music enthusiast or a musician or know how to play an instrument, you can start a band or take part in musical events. While the profession does not pay you well, a teenager can earn pocket money from the profession.
Fashion Designer
If you are fond of fashion or are willing to pursue a career in the fashion industry, you can start a side gig by purchasing a sewing machine. Not only will it increase your presence in the fashion industry, but will also give you a secure income in your career.
Party Organiser
A teenager, who wants to pursue an event management career or has knowledge in organising events, can take part in organising contracts. While it is essentially advised to accept small-scale events, a teenager can start this business with a minimum investment and a team with fewer members.
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Candle Making
In the current era, unique-shaped and scented candles are largely bought by individuals. Hence, a teenager, who is creative enough to mould fun-shaped candles, can start a candle business with a smaller investment. A candle-making business is also counted among the online business ideas for teens since the candles can be sold online through the e-commerce platform or by making a website.
Podcasting
The podcasts, which are the new form of media, do not have an age barrier, and can also be ventured by a teenager. However, it would be necessary that the individual should have a basic understanding and knowledge of what topic the podcast show is covering. Although, in 2024, the competition in the podcast business is soaring heights, a teenager with a unique podcast idea can excel in the field.
Baker
If you are a baker and are often appreciated for your delicious cake and cookies, you can start a side business as a baker. However, for the business, you should have a hygienic and perfectly-equipped kitchen. Additionally, you should also maintain hygiene and update contacts for a regular receiver of orders.
Also Read – Is A Remote Cleaning Business Profitable: Meaning, Steps To Start, And More
Babysitting
One of the easy business ideas for teens, a teenager, who is well-trained with babies, can take contracts of baby-sitting. Not only will this side business pay an hourly-based income, but will also allow teenagers to earn pocket money from the side gig.
Final Words
While starting a business for teenagers can be advantageous, it is beneficial for them to keep their academic careers as the primary priority. Additionally, a parent or the investor should also limit the investments for a teenager-based business. Meanwhile, if you are looking forward to small business ideas for teens, our guide can help you. In the above-mentioned list, we have curated the top 11 safe and subtle business ideas for teenagers in 2024.
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