Question by helicasebih: Can I start an online business as a sole proprietor as a minor?
Can I start an online business as a sole proprietor as a minor?
I’m 17, Thanks.
Answer by Colin
I don’t think there is an minimum age. You can shovel snow or mow your neighbors lawns for money (ok I realize these examples aren’t online) and that could be seen as a business. If you’re the only one operating it then it’s a sole proprietorship.
Make sure you get you’re parent’s OK before you do anything. There are a lot of scams out there–be careful. and you don’t want to put a lot of time and effort into something just to have your parents shut you down.
If you’re interested I’m doing now is free to sign up and has different components that you can join or not join if you choose. Some components are free and some aren’t (those that aren’t free have a free trial period). The free ones have a more limited earning capability but can be used to build capital for the ones with more substantial earning potential.
The free component can also be used as proof that money can be made online before committing to options that require a monthly fee. You can make a little bit of money in a short period of time but to build significant income will take time and effort, it’s not easy money.
See my source for more information.
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