From the category archives:

Entrepreneurship

Typically when you first start a business, it is considered to be a sole proprietorship. Meaning, you are the sole owner and 100% responsible for your business.

In other words, if you damage someone’s property or sell a harmful product, then you are completely liable. Then your customer can sue your business and may be entitled to your personal savings.

To prevent this and become legitimate, you should file your business as a Limited Liability Company (LLC).

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Lemonade stands, lawn mowing services, and babysitting services are not the only options for young entrepreneurs. An entrepreneur is someone who starts a business. There are plenty of other things young people can do to make money. We have compiled a list of several JuniorBiz ideas below.

If you want even more business ideas, check out 100+ Teen Money Making Ideas for Young Entrepreneurs.

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This guide will tell you everything you need to know to start and run a successful lemonade stand. Follow these six steps and have fun!

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JuniorBiz wants you to have a safe, healthy and successful lemonade stand. Here are a few tips to help you to make that happen.

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