Question

I want to start a business. Am i too Young?

I am 15 years old and i would like to start a business. I don't mean babysitting because i already do that. I don't mean yard work either. I mean like make products such as decorated cookies, earrings, or bath salts. My real question is what kind of road blocks will i run into because i am so young. I know of craft shows that i can go to. I asked my mom if she would help me do eBay (meaning her name is on the account so that i can sell because she is WAY behind on the computer stuff) but she said no. I would like to have a website and sell my items there. Is anything going to get in my way as far as taxes and legal stuff go. Can I leagally ship things. How can I legally receive payments. Does the small buisness tax deduction thingy apply to me. I would really appreciate legitimate answers. Thank you!

4 weeks ago - 1 answers

Best Answer

Chosen by Asker

Your biggest problem is that you can't sign a legal contract until you're at least 18. You can legally ship items, purchase items if you have the money (you can't get credit), and receive payments. Your taxes would work just like someone who is older but doing the same things as you are. Good luck.

by Judy

4 weeks ago

Asker's Rating: