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Anyone of any age can be a "business owner." However you must be old enough to enter into a legal contract with lenders, banks, vendors, etc. Usually a co-signor of some sort, such as a parent or legal guardian acts as the guarantor in such situations. If you live in the U.S., you must also have a tax ID issued by the federal gov't.

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Why did sam walton want to start his own business?

because he was porere


What business should i start for under 10000?

If you are an expert or have some business skills then you can start a successful business. There are different business categories like you can start a clothing business or a small food restaurant. Its good to start a business in which you have some skills suppose you are an expert hair stylist then you can start your own business similarly if you have cooking skills then its good to start food business. Answer If you keep your day job for survival money, $10 K might help you get started in a service providing company. For manufacturing an invention, you would need much more. Write a business plan before you get started and then find someone who knows the ropes to teach you the right decisions. There is an organization called SCORE that has helped many.


Why start a new business?

okay i know it says two reasons but there are a number in which you can choose from 1-the individual may want to be his/her own boss. 2-to have a good income to support themselves or family 3-they can open an close any time they want....therefore not having to work over time 4-they can make their own decisions because they are their own boss


Can a convicted felon own or start a business?

Absolutely. And you don't need a loan or a grant to do it either. I teach 'like-minded' felons how to be their own boss and create their own paychecks.


What is the money you start a business with called?

Where do i find Start-up Capital

Related Questions

How old do you have to be to start your own fundraising business?

you are able to start a fundraising business at any age as long as you have a good cause and good heart


What is the legal age to start a company in France?

The regular age to start a business in France - or simply to sign a contract on your own - is 18. This is the age of the majority in France.


Do teenagers have the right to start a business?

Teenagers can employee at the age of 16+ but are not allowed to start there own buisness on there own. If they have a responsibility for working at the age of teen then they may have permission to open a buisness with an adult over 20.


What is the minimum age to start a business in Connecticut?

To start a legal business one must be able to sign a legal agreement, the minimum age to sign legal documents on your own is 18. If you have your parents as co-signers, you can do it at any age you wish, but they are responsible.


At what age can you own a business?

18 is the leagal age


What is the legal age to start a business in North Carolina?

In order to start a business anywhere, you must be of legal age to sign a contract. That is 18 years of age.


What has the author Eileen Figure Sandlin written?

Eileen Figure Sandlin has written: 'Start Your Own Lawn Care or Landscaping Business - Entrepreneur Magazine's Start-Up -' -- subject- s -: Lawn care industry, Small business, New business enterprises, Self-employed 'Start your own wedding consultant business' -- subject- s -: Management, New business enterprises, Wedding supplies and services industry, Consulting firms 'Start Your Own Hair Salon and Day Spa - Start Your Own . . . -' 'Start Your Own Automobile Detailing Business - Start Your Own . . . -'


Is it easy to start your own business?

no, it is not


HOW can I start my own window washing business?

To start your own window washing business, first type up a good business plan, then contact the Small Business Administration about obtaining a business loan.


Can a 12 year old start their own business?

Yes a 12 year old can own his/her own business.


How old do legally have to be to start your own business?

Tricky question. You can be in business to throw papers at an early age. You can also cut yards. But, to own a legal business outright and in your own name only that has a Tax ID number and or is incorporated or has a filed DBA you must be of a legal age of 21. Which means that you can enter into a legal contract with any potential clients and or suppliers and be held personally responsible.


If i want to start my own business in future what subject will you suggest me to choose in university?

If you want to start your own business in the near future, then I recommend that you take any business related course.