What legal requirements do I need to know for starting a business as a teenager?
As a teenager starting a business, you need to consider several legal requirements, including age restrictions, permits, and licenses.
Do I need a parent or guardian's permission?
Yes, most states require minors to have parental or guardian consent to start a business.
What about taxes? Do I need to pay them?
Yes, even as a teenager, if you earn income, you may need to file taxes. It's best to consult a tax professional.
Are there specific business types that are easier for teens to start?
Service-based businesses, like tutoring or pet sitting, are often easier for teens to start due to lower startup costs.
Get this answer and more from ChatGPT in Telegram, try it for free!
Get Started For FreePowered by advanced language models trained on billions of online words and conversations, MagicBuddy delivers friendly and helpful chat on demand.
Ask questions and get answers. Crack jokes and get laughs. Or even get writing ideas and study help. MagicBuddy's conversational intelligence allows for a truly unique and useful chat experience.
Curious? Try these prompts:
MagicBuddy is incredibly easy to use and the responses are lightning fast! 🥇
Impressive! MagicBuddy is my go-to AI assistant. It’s quick, accurate, and user-friendly.
Sending voice messages makes it easier to use in the middle of the day and the answers are super fast.
Love it! A friend of mine told me about it and it has made my life so much easier. It’s like having a helpful friend in my pocket!
I use 2 months already, simply amazing! MagicBuddy delivers answers in a snap. It’s a must-have tool for staying informed!
Game-changer! MagicBuddy’s speed and accuracy are unmatched. It’s my secret weapon for productivity
Say Hello to Your New Telegram BFF - Try MagicBuddy Free!
Get Started For Free