Say you are 10, can you make your own business/own a business?

Question

I would really like to know.... i have wanted to make my own business but i don't know if it is possible.

Answer 1

With the Help of your parents,and the Rules of the state You reside in,You might be given that opportunity!!! Go to
Entrepreneur.com,,,I Believe they have a section for young people,like yourself. You could as well go to The Chamber
of Commerce, Your City Hall.,and ask them ? These are
just a few places to seek and ask as well. Wish You all
the 'Success',in the World.

Answer 2

Get things that other people need at a lower cost like whole sale mark it up about 30% and sell it. Gather stuff together from your neighbors and when you have enough stuff get your parents involved in a yard sale. They have to apply for a permit and use some of the profits to benefit your neighbor hood then you can use the rest to set up a small stand in a high traffic area and sell fresh fruit or handpicked flowers.I hope I helped

Answer 3

Ten is too young to legally enter into a contract, so you would have to have someone at least eighteen to sign any papers. But other than that, teenagers and younger can have just as many good ideas as adults have.

Answer 4

Would depend on the business. Since you can't sign a legal contract, your options would be very limited.

Answer 5

ok, i used to be interior the merchandising gadget corporation. enable me provide you some explanation why I have been given out. a million. it extremely is totally perplexing to maintain good places to place your machines. 2. the maintenance and maintenance on the machines is costly and time eating--enormously the dollar acceptance instruments. 3. Vandalism and robbery virtually ruined me. i'm sorry to sound adverse and applaud your efforts to start a corporation. merchandising sounds eye-catching by way of fact you place machines and watch the dollars roll in--a minimum of that's what you desire. while you're making plans to purchase machines from a supplier you observed marketed on the internet, in a mag, etc. be valuable to be careful of the testimonilas. some companies have paid references to tell you stable issues approximately their product. To examine extra approximately small corporation oppportunities, examine out the area listed below.

Answer 6

You have to 18 to enter a legal binding contract. So the answer is NO.

Answer 7

Not in the strict legal sense of the word, because no city or municipality will license you. You can do errands, be a newpaper distributor in your neighborhood, etc.

Answer 8

You could start a concept, than you would have to let your parents co sign for everything. Maybe a partnership. Anyhow your parents would have to be involved to let it happen.

Answer 9

in all reality no. maybe in another 10 years. focus on being a kid.