10+ Best & Profitable Kids Business Ideas [2023]

Looking for a business idea that can engage and challenge your kids? Check out this list of 10+ Creative & Demanding Kids Business Ideas for inspiration on how to get your young entrepreneur started!
Newfoundr

By Nick Cotter
Updated Feb 07, 2024

Image of kids business ideas
This page may feature products from our affiliate partners, which could influence the products we discuss due to potential compensation. Despite this, our evaluations are impartial, based solely on our independent analysis. The content here is intended for informational purposes and should not be seen as legal advice. For professional guidance, consulting with a legal expert is recommended.
What are you waiting for?
Quit that job & start your business with ZenBusiness today.

Hey there, future kidpreneurs and supportive parents! Can you believe it's already 2023? Time flies, right? But guess what? This year could be the year that your entrepreneurial journey takes off. You might be thinking, "Wait, a kid running a business? Is that even possible?" Well, we're here to tell you - it's not only possible, but it's also happening all around the globe. Kids are stepping up, taking charge, and turning their brilliant ideas into profitable businesses.

Whether you're a kid with a dream or a parent looking to encourage your child's entrepreneurial spirit, you're in the right place. We've put together a list of over 10 incredible business ideas for kids that are not only profitable but also fun and educational. These ideas will spark creativity, encourage problem-solving, and teach valuable life skills. So buckle up and get ready to dive into the exciting world of kidpreneurship!

Tutoring

Have you ever struggled with a particular subject in school or wished for extra help outside of the classroom? That's where tutoring comes in - a service that provides personalized instruction to help students succeed.

If you have a passion for teaching and helping others achieve academic success, then starting a tutoring business could be a great idea. Here are some reasons why:

  • Tutoring offers a flexible schedule, allowing you to work around your own availability and cater to your clients' needs.
  • The demand for tutoring services is high, particularly in today's competitive academic environment where students may be struggling to keep up or strive for excellence.
  • You can specialize in a specific subject or offer a range of services, from test preparation to study skills.
  • A tutoring business can be relatively low-cost to start and operate. You can start with just a few clients and expand as you build your reputation.
  • Tutoring can be a rewarding and fulfilling profession, knowing that you have helped students achieve their academic goals.

Overall, starting a tutoring business can be a lucrative and fulfilling opportunity for those with a passion for education and a desire to help others succeed.

image of a Tutoring

Pet-sitting

Do you love animals and have a knack for taking care of them? Have you ever thought about starting your own business? Pet-sitting may be the perfect business for you!

  • Pet-sitting is a service provided to pet owners who need someone to take care of their pets while they're away.
  • Typically, pet-sitters will visit the pet owner's home to take care of the pets, but some may offer overnight stays.
  • Services provided may include feeding and watering the pets, administering medication, taking the pets for walks, and providing companionship and playtime for the pets.
  • Pet-sitting can be a flexible business as it can be done on a part-time or full-time basis, depending on your availability.
  • The start-up costs for a pet-sitting business are relatively low, as you may only need to invest in some basic pet supplies and marketing materials.
  • Pet-sitting can be a profitable business as pet owners are willing to pay for quality care for their beloved pets.

If you love animals and are looking for a business opportunity, pet-sitting could be the perfect fit for you. Get started today by researching your local market and creating a business plan.

Featured Business Formation Partners
image of ZenBusiness logo
ZenBusiness
Turn your business vision into reality with ZenBusiness's streamlined LLC formation and expert support services.
Newfoundrz Rating ★★★★★
image of Northwest Registered Agent logo
Northwest Registered Agent
Secure your business's future with Northwest Registered Agent's personalized LLC formation and privacy-focused expertise.
Newfoundrz Rating ★★★★★
image of Bizee logo
Bizee
Kickstart your business effortlessly with Bizee's comprehensive LLC services and free first-year registered agent support.
Newfoundrz Rating ★★★★★

Examples of successful businesses:

The kids business industry is a highly competitive sector that encompasses many different types of businesses catering to children. From toys and clothing to media and entertainment, there are many successful companies that specialize in products and services created for young audiences. Here are some examples of successful companies in the kids business industry:

  • Mattel
  • Disney
  • Nickelodeon
  • VTech
  • Lego
  • Hasbro
  • Fisher-Price
  • Scholastic
  • Little Tikes
  • HALO SleepSack

Lawn Care

Are you a lover of the outdoors? Do you enjoy working with your hands? Are you interested in starting your own business? If so, then a lawn care business might be the perfect fit for you.

What is Lawn Care?

Lawn care involves maintaining and caring for the vegetation in someone's yard. This includes mowing, trimming, fertilizing, weeding, and pest control. Lawn care can be done on both residential and commercial properties.

Why is Lawn Care a Good Business Idea?

  • Low Startup Costs: You don't need a lot of money to get started. All you need is a lawn mower, trimmer, and some basic lawn care equipment.
  • Recurring Revenue: Lawn care is a seasonal business, but your customers will need your services throughout the year. This means you can have recurring revenue streams and build long-term relationships with your clients.
  • Low Overhead Costs: Lawn care businesses typically have low overhead costs since you won't need an office space or retail location.
  • Flexible Schedule: With lawn care, you have the flexibility to set your own schedule and work on your own time.
  • Growing Industry: The lawn care industry is constantly growing, with an estimated market size of $83 billion in the United States alone.

Starting a business can be daunting, but with the right idea and mindset, it can be an incredibly rewarding experience. Lawn care can be a profitable business that not only allows you to work outside, but also helps beautify your community.

Car Detailing

Car detailing is the process of thoroughly cleaning and restoring a vehicle's interior and exterior. It goes beyond a simple car wash by deep cleaning every nook, cranny and surface of a vehicle to restore its original shine and aesthetics.

Here are some reasons why car detailing could make a great business idea:

  • High demand: With over 275 million registered vehicles in the US alone, the demand for car detailing services is always high.
  • Repeat customers: Many car owners recognize the benefits of regular upkeep and detailing to protect their investment, which means repeat business for car detailers.
  • Flexible pricing: There's no one-size-fits-all pricing for car detailing, and many providers offer tiered packages based on the level of service desired.
  • Low start-up costs: Compared to other automotive businesses, car detailing has relatively low start-up costs, since it requires minimal equipment and overheads.
  • Low barrier to entry: With no formal education requirements or industry certifications necessary, anyone with a passion for cars and attention to detail can start a detailing business.
  • Opportunity to specialize: Detailing businesses can specialize in certain types of vehicles, such as luxury and sports cars, or certain services, such as ceramic coatings and paint correction.

Selling Homemade Crafts

If you're the creative and crafty type, selling homemade crafts can be a great way to turn your hobby into a profitable business. Not only do you get to do what you love, but you also get to make money while doing it. Here's why selling homemade crafts can be a good business idea:

  • Low start-up costs: Since you'll likely already have most of the materials and tools you need, getting started won't cost a lot of money.
  • Flexible schedule: You can choose to work on your crafts whenever you have free time and set your own hours.
  • Ability to express creativity: Selling homemade crafts allows you to express your creativity and create unique items that people will love.
  • Opportunity to showcase your work: With the rise of online marketplaces and social media, it's easier than ever to get your crafts in front of potential customers.
  • Potential for high profit margins: Since you're making the products yourself, you have more control over the pricing and can potentially earn a higher profit margin than selling someone else's products.
  • Personal fulfillment: There's nothing quite like the feeling of creating something with your own two hands and seeing someone else enjoy it.

If you're interested in selling homemade crafts, start by doing some research on the types of products that sell well and the market demand in your area. From there, you can start creating your own unique products and marketing them to potential customers. With some hard work and creativity, you could turn your passion for crafting into a successful business.

Related business ideas:

Selling Baked Goods

Have you ever tasted a delicious homemade dessert and thought, "I wish I could buy this"? Well, starting a business selling baked goods might just be the perfect choice for you. Here's why:

  • Low start-up costs: Unlike many other businesses, selling baked goods requires relatively inexpensive equipment and ingredients. Plus, you can start small and gradually expand as your business grows.
  • Flexibility: Baking can be done on a part-time or full-time basis, allowing you to work around other commitments. You can also set your own hours and choose which days you want to operate.
  • Low overhead: Depending on the size of your operation, you may be able to run your business from your own kitchen, eliminating the need to rent a commercial space or storefront.
  • Creative freedom: Baking allows for endless creativity, allowing you to experiment with new flavors, ingredients, and designs to make your goods stand out from the competition.
  • High demand: Everyone loves desserts, and baked goods are a staple at parties, events, and everyday meals. Plus, with the rise of online ordering and delivery services, it's easier than ever to sell your products to a wider audience.

Ready to start your own baked goods business? With a little creativity and hard work, you could be on your way to a successful and rewarding venture.

Setting Up A Lemonade Stand

Have you ever thought about starting your own business? Have you considered setting up a lemonade stand? Many successful entrepreneurs started their journey with a simple lemonade stand in their childhood. In this article, we'll explore what setting up a lemonade stand entails and why this could be a great business idea.

  • Low startup costs: Setting up a lemonade stand requires minimal investment. All you need is a table, chairs, cups, lemons, sugar, and water. You might also need a pitcher, a juicer and some decorations to make your stand more visually appealing. With just a few dollars, you can get your business up and running.
  • Ease of operation: A lemonade stand is a fun and easy business that kids and adults can run. It doesn't require any special skills, experience or expertise. You just need to squeeze some lemons, add some sugar and water, and voila! You have a refreshing drink that people will love.
  • Flexibility: One of the great things about running a lemonade stand is the flexibility it provides. You can choose your hours of operation, your pricing, and your location. You can even customize your lemonade recipe to suit your customers' preferences. As your business grows, you can expand your offerings to include other snacks, drinks or items.
  • Teaches valuable skills: Running a lemonade stand can teach valuable skills such as entrepreneurship, financial management, marketing, and customer service. These skills are transferable and can be applied to other areas of life or business. It can also instill a sense of responsibility, creativity, and independence in young entrepreneurs.
  • Promotes community engagement: A lemonade stand can be a great way to give back to the community or raise awareness for a cause. You can donate a portion of your profits to a local charity or organization, or you can use your stand to promote an important issue or message.

Creating And Selling Digital Products

Are you an entrepreneur looking for an exciting new business idea? Consider creating and selling digital products!

  • What are digital products? Digital products are intangible goods that can be sold online, such as ebooks, courses, software, graphics, music, and more.
  • Why are digital products a good business idea? There are several reasons why digital products make a smart business choice:
  • Low overhead costs: Unlike physical products, digital products don't require inventory, shipping, or storage. This means you can create them once and sell them over and over again without incurring additional expenses.
  • Great profit margins: Because there are no production costs or shipping expenses for digital products, the profit margins can be much higher than traditional business models.
  • Flexible schedule: Since digital products can be sold online, you can work from anywhere in the world and set your own schedule. This makes it ideal for people who want to balance work and family life.
  • Unlimited scalability: Digital products can be sold to an unlimited number of customers without worrying about inventory or production constraints.
  • What types of digital products can you create? The possibilities are endless! Here are some popular types of digital products:
  • Ebooks: Publish a book on a topic you're knowledgeable about and market it online.
  • Courses: Create an online course on a subject you're passionate about and sell it to others.
  • Software: Develop software programs that solve problems for businesses or individuals.
  • Graphics: Create digital graphics, such as logos or marketing materials, for clients.
  • Music: Sell digital copies of your original music to fans online.
  • How can you get started selling digital products? Here are some tips to get started:
  • Find your niche: Look for a subject you're passionate about and research what people in that area need.
  • Create quality products: Take the time to produce products that are valuable and helpful for your customers.
  • Build your brand: Develop a strong brand image and establish a presence on social media.
  • Launch your product: Use online platforms, such as Amazon or Etsy, to sell your product and gain visibility.
  • Engage with your customers: Listen to customer feedback and use it to improve your products and grow your business.

With the rise of digital technology, creating and selling digital products has become a smart and lucrative business idea. Follow these steps, and you could be on your way to creating a successful digital product business!

Offering Virtual Assistant Services

Offering virtual assistant services is becoming increasingly popular as more businesses and individuals turn to the digital world. If you're someone who enjoys administrative tasks, working remotely, and being self-employed, this might be the perfect business idea for you.

  • Virtual assistant services can include a wide range of tasks, from scheduling appointments to managing social media accounts to bookkeeping.
  • Work can be done from anywhere, which means you have the freedom to work from home or from a coffee shop.
  • You can choose to work with clients all over the world, which means you have access to a larger pool of potential clients.
  • There's room for growth in this industry, as more and more companies are turning to virtual assistants to help them manage their day-to-day operations.
  • You can specialize in certain areas or offer a variety of services to cater to a wider range of clients.
  • This business idea doesn't require a significant amount of startup capital, making it an accessible option for those who don't have a lot of money to invest in a business.

Overall, offering virtual assistant services is a promising business idea that provides a lot of flexibility and potential for growth. If you're organized, reliable, and tech-savvy, you might want to consider pursuing this as a potential business venture.

Developing And Selling Apps

Developing and selling apps is a lucrative business idea in the current digital age. With the rise of smartphones and tablets, millions of people now rely on mobile apps to manage their daily tasks, enhance their productivity, or simply entertain themselves. Here are some reasons why it could make a good business idea:

  • High demand: There is always a high demand for innovative and useful apps. If you can create an app that solves a common problem or enhances user experience, you can easily attract a large user base.
  • Low overhead costs: Compared to other businesses, developing and selling apps requires very low overhead costs. You only need a computer, internet connection, and a development platform such as Android Studio or Xcode.
  • Scalability: Once you create a successful app, scaling it to reach a wider audience is relatively easy. You can optimize your app for different platforms, offer in-app purchases, or use advertising to generate revenue.
  • Passive income: Unlike traditional businesses, selling apps can generate a passive income. Once you publish your app, you can continue to earn money from downloads, in-app purchases, or ads without having to constantly work on it.
  • Easy to outsource: If you don't have the necessary coding skills to develop an app, you can easily outsource the work to a freelance developer. This can save you time and money while allowing you to focus on other aspects of your business.

Newfoundr

Founder and CEO

We're newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.