Forums » Discussions » 10 BUSINESS IDEAS FOR TEENS (MAKE MONEY YOUNG)

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TEACHING & COACHING BUSINESSES 1. ART LESSONS Pair of hands brushing a large amount of orange paint onto a canvas If you love art and enjoy meeting and working with people, an art lessons business can be a fun and rewarding pursuit. You will need to create structured lessons so your students have a path to follow as they learn an artistic skill.

You don’t need much to start an art lessons business. You can provide your own tools (brushes, pencils, paper) or you can require your students to supply their own. This is a great business for young people because it can be started for free right out of your home. You may even be able to reserve space at your school or library at no cost. Your hourly rates will vary based on your skill level and the nature of your lessons, but most can charge at least $25/hr, making this a great way to start earning and saving money.

Learn how to start an art lessons business.

  1. HOME TUTORING BUSINESS Child doing homework looking at her tutor If you have a knack for a particular subject in school, then you may consider creating a home tutoring business. You can create your own lessons or simply help students complete their school assignments while making sure they understand the material. As a student, you’re uniquely placed to find people in need of extra help.

Since you can tutor from your own home or that of your students, startup costs are virtually nothing. You may spend some time and money advertising, but with a captive audience of students in your school or your area, simple fliers can be very effective. Most home tutors charge by the hour and help students with a specific subject. With experience, you can charge $30-$40 an hour, making this a rewarding and lucrative business.

Learn how to start a home tutoring business.

  1. TEST PREP BUSINESS Woman reading a textbook If you’ve mastered the art of standardized tests and want to share your secret with others, starting a test prep business can be a lucrative pursuit. Specializing in a particular test (like the SAT or ACT) is a good way to find students to teach, and if you’re in high school there will be no shortage of potential clients. Utilizing test prep books and giving general test-taking advice are both ways to help struggling test takers improve.

The startup costs of this business are low, and the only expense you may have is purchasing a test prep book and a website. Offering help to friends and classmates is a great and easy way to get started and build a good reputation. Test prep tutors can usually charge more per hour than regular tutors since doing well on tests is important to most students.

Learn how to start a test prep business.

  1. MUSIC LESSONS BUSINESS Closeup of a row of piano keys, with a pair of hands playing them Giving music lessons can be a great way for a teenage entrepreneur to earn money. If you have a good deal of experience playing your instrument you can easily find students in need of lessons or extra help.

Startup costs for a music lessons business can stay small, especially if you require your students to bring their own instrument. You’ll need to buy some sheet music, but you can easily conduct lessons at your own home, your student’s home, or even at school if possible. As you build your reputation, you’ll be able to increase your rates. Music teachers usually charge between $30 and $60 an hour, so over time this business can be very profitable.

Learn how to start a music lessons business.

SPECIALITY CRAFT BUSINESSES 5. SOAP-MAKING BUSINESS An artisinal block of soap with floral ingredients surrounding it A soap making business is a good opportunity for those who enjoy working with their hands. Making quality soap is a skill that anyone can obtain, but it does take practice. Running a soap making business includes purchasing raw materials, combining and creating fragrances, making the soap, and selling the soap.

The materials to make soap are fairly cheap, so the profit margin in a soap making business is good. To get started expect to spend around $500 for soap materials and equipment. You’ll also need to spend some money on marketing and setting up a website if you choose to sell online. Earning potential for this business will vary based on the type of soap you’re selling and how far you’re able to expand your business, but the growth potential is great. What starts as a small side business has the potential to turn into a national brand.

Learn how to start a soap-making business.

  1. JAM BUSINESS Jars of various types of jam Creating a jam business is perfect for anyone that enjoys cooking for others. This is another great and flexible business that a teen can get started in their free time.

The startup costs of making jam are very low, especially if you start on a small scale. You can spend less than $300 total on all canning tools and ingredients to make your first batch. To start out, most jam businesses sell their products at a local market or bizarre. A good way to grow a jam business is to find a local restaurant to carry your jam. Like other specialty businesses the earning potential is high, with full-time efforts bringing in around $1,000 per week.

Learn how to start a jam business.

  1. GIFT-WRAPPING BUSINESS Gift wrap, ribbon, scissors, and bows Gift-wrapping is ideal for bringing in extra money during the holidays. You can set up booths near department stores or offer your services in your home. This business is ideal for students since most business will occur on the weekends and during holiday breaks.

You should expect to invest some time and money into creating an attractive and professional looking booth and buying supplies. However, the high profit margin of this business means your earning potential is good. It can be difficult to grow your gift-wrapping business from seasonal to year-round, but wrapping gifts during the later months can be lucrative for a short time.

Learn how to start a gift-wrapping business.

  1. SEWING BUSINESS A tailor sewing fabric A sewing business is an excellent way for a talented seamstress to bring in some extra money. This business offers a lot of flexibility and can be great for young people who are particularly interested in current fashion trends.

Startup costs are low, especially if you already own a sewing machine. While you’ll likely start small, offering simple repairs and patch-ups, students can look for unique opportunities to grow their business by offering to help with custom design and construction for school plays or mend uniforms for sports teams. As you grow your reputation, your customer base and earning potential will expand as well.

Learn how to start a sewing business.

  1. CANDLE MAKING BUSINESS A candle maker tying a purple candle with twine and burlap Any creative and crafty person may enjoy starting a candle making business. It’s a great way to get into business right from your home. You can sell your candles to friends and family, at craft fairs or weekend markets, or online through your own website or Etsy store.

Startup expenses are only a few hundred dollars for materials. Your growth and profits will depend largely on how many candles you’re able to make and how much time you devote to selling them, but a diligent candle maker can develop a fairly large and lucrative business.

Learn how to start a candle making business.

Get a Domain and Website for Your Teen Business Securing a web domain and creating a quality website is important for the overall success of a teen business.

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Powered by GoDaddy.com After registering a domain name, consider setting up a professional email account (@yourcompany.com). Google's G Suite offers a business email service that comes with other useful tools, including word processing, spreadsheets, and more. Try it for free SOCIAL MEDIA & ECOMMERCE BUSINESSES 10. EBAY STORE Woman holding a tablet with the eBay app loaded This job is great for motivated self-starters who are already familiar with eBay. Knowing what sells well, how to best price products, and how to get your listings noticed will promote success in this business. While you’ll need to take care that your items are presented well and you follow up with buyers, this business can absolutely accommodate a busy student’s schedule. It’s also a business you can build around your personal interests and experience, making it both fun and lucrative.

Growth potential is limited only by the time and scope of the seller. Finding a specialty or niche area selling popular products you’re passionate about is a great strategy for success. With low startup and maintenance costs, there is virtually no limit to your earning potential once you get things rolling.

Business ideas for teens

alicen
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ericrvickers
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mikki
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asiasin
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