Top 5 Small Business Ideas for 9 Year Olds That Will Make Them Money
Are you a parent of a 9-year-old who is interested in entrepreneurship? Do you want to help your child learn the value of money and hard work? Starting a small business at a young age is an excellent way to develop skills such as creativity, critical thinking, problem-solving and money management. Here are the top 5 small business ideas for 9-year-olds that can make them money.
Lemonade Stand
The classic lemonade stand is a great way for 9-year-olds to start their entrepreneurial journey. The startup costs are low, and the demand for cold drinks on a hot day is always high. Your child can invest in ingredients, cups, and a small table. They can then set up the stand in a visible location, such as the sidewalk outside your house or a local park. Encourage your child to offer different flavors or variations like an Arnold Palmer or Pink Lemonade to differentiate from competitors.
Babysitting
If your child is responsible, patient, and enjoys spending time with younger children, then babysitting can be a lucrative job. They can start by offering their services to family and friends, and then expanding their client base through word-of-mouth. Make sure they learn basic first aid and take courses on safety instructions before starting. This job will teach your child valuable soft skills like communication, time-management, and leadership.
Handmade Crafts
If your child is artistic and enjoys making things, then a handmade crafts business may be perfect for them. They can create items like bracelets, keychains, and paintings, which they can sell online or in local markets. The startup cost to buy materials may be higher than other businesses, but your child’s creativity can differentiate them from competitors.
Car Washing
Car washing is an excellent business idea for children who enjoy working outside. They can offer a range of services including exterior washing, waxing, and tire cleaning. Make sure they have permission to use water and electricity if washing cars at a location that is not your own. They can set up their business at home or offer mobile services to clients who can’t come to their location.
Dog Walking
If your child is an animal lover and enjoys being outdoors, then dog walking is a great business idea. They can offer their services to busy dog owners in your community. Your child can charge by the time they spend with the dogs, and they can use this opportunity to learn more about dogs’ behavior and care.
In conclusion, starting a small business at a young age is an excellent way to develop skills and a sense of responsibility. Encourage your child to pick one of these business ideas and support them through the startup process. Remember to teach them the value of hard work and how to manage their finances. Who knows, maybe your child will be the next Mark Zuckerberg or Jeff Bezos!
