10+ Best & Profitable Teen Business Ideas [2023]

Ready to make some money? Check out this article for 10+ of the best and most profitable teen business ideas for 2023. Learn how to start your own business and make money while still in school!
Newfoundr

By Nick Cotter
Updated Feb 07, 2024

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Hey there, future entrepreneurs! You're young, you're energetic, and you've got ideas - but where do you start? Whether you're looking to make some extra cash or dream of being the next Mark Zuckerberg, you've come to the right place. Welcome to our guide on the 10+ Best & Profitable Teen Business Ideas in 2023.

We live in an incredible era where age is no longer a barrier to success. In fact, some of the most successful entrepreneurs today started their journey in their teens. So why not you?

But let's be honest, starting a business can be daunting, especially when you're juggling school, sports, and social life. But don't worry, we've got your back. This article is here to inspire, motivate, and guide you through the process of starting your own business.

So, are you ready to turn your dreams into reality? Let's dive into the world of teen entrepreneurship and explore the best and most profitable business ideas for 2023!

Online Tutoring

Online tutoring is a business idea that involves providing educational guidance and support to students via the internet. It is an attractive option for those hoping to become tutors as it eliminates geographic barriers that often restrict job opportunities. Online tutoring provides a tutor with more flexibility in terms of time and convenience, making it a great business opportunity. Here are some key benefits of online tutoring:

  • Cost-effective: An online tutor can work from anywhere, thereby reducing the cost of renting a physical space.
  • Convenient: Online tutoring sessions take place at whatever time is most convenient for both tutor and student.
  • Wide reach: It’s easier to find potential students quickly through online networks and sources.
  • Customization: Online tutoring allows more time for individualized lessons tailored to each student’s needs.
image of a Online Tutoring

Event Planning

Event planning is a great business idea for teenagers. It involves organizing events, including weddings, birthday parties, corporate events and more. This can be a fun way to earn extra money while helping people plan their special occasions. Here are some of the benefits of starting an event-planning business:

  • Flexibility - You have the ability to work when you want, how you want and where you want.
  • Low startup costs - You don’t need a lot of money to get your business up and running.
  • Opportunity to network - Through your events you can establish relationships with vendors, clients, and other event planners.
  • Creativity - You can use your own imagination and design skills to create unique events for customers.
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Examples of successful businesses:

The teen business industry has seen many successful companies over the years. Below is a list of some of the most well-known ones.

  • American Eagle Outfitters
  • Aéropostale
  • Forever 21
  • Hollister Co.
  • Justice
  • Urban Outfitters
  • Zumiez
  • PacSun
  • Rue21
  • Wet Seal

Blogging

Blogging is an online activity where someone posts content on a website in the form of articles, photos, audio, and videos. It is a great business idea because it provides an opportunity to reach a large audience with useful and entertaining content while also generating revenue.

  • Blogs can be used to market products and services
  • Bloggers can create an engaged community of followers
  • Blogging can be used to build relationships with customers
  • Blog posts can enhance search engine optimization (SEO)
  • Advertising revenue is often available for successful blogs

More resources:

Virtual Assistant

A Virtual Assistant (VA) is a professional service provider who works remotely to provide assistance with administrative tasks. VAs offer services such as data entry, web design, research, content creation, email management, and more. This can be a great business idea for those looking to start their own business or even for established companies that want to outsource the administrative tasks. Here are the benefits of using a Virtual Assistant:

  • Cost Effective - Hiring and managing a Virtual Assistant is typically much less expensive than having an in-house employee.
  • Flexibility - VAs can work remotely and offer services according to your schedule.
  • Scalability - It is easy to increase or decrease the workload as needed since Virtual Assistants can work on an as needed basis.
  • Expertise - Most VAs specialize in specific areas like web design or content writing and can offer expertise you wouldn't have in-house.

Online Courses

Online courses have become a popular business idea due to the convenience it provides to its customers. Online courses allow people to access learning materials from anywhere at any time, making them convenient and accessible for people with busy schedules. Here are some of the benefits of having an online course as a business:

  • Ability to reach a wider audience
  • Lower overhead costs
  • Flexibility in learning materials and formats
  • Opportunity to develop custom-tailored courses
  • Potential to generate passive income streams

Related business ideas:

Graphic Design Services

Graphic design services is a business that specializes in creating visual communications, such as websites, branding materials, print materials, advertisements and more. Graphic design services can produce aesthetically pleasing, functional visuals that help businesses promote products and services. They can also create visuals for marketing campaigns or other projects. Here are some advantages of starting a graphic design business:

  • Utilize Creative Vision – Graphic designers bring creativity to the table and can incorporate elements like typography, color, imagery and layout to create something visual appealing.
  • Opportunity to Work with Brands – Building relationships with brands will help you gain experience working on various projects.
  • Develop Professional Skills – Working on graphic design projects allows you to hone your skills in areas such as typography, designing for print and web, user interface design and more.
  • Flexible Schedule – Having your own graphic design business allows you to have more freedom when it comes to setting your own schedule.

Social Media Consultant

A Social Media Consultant helps businesses create, implement, and maintain an effective social media presence. This type of business is attractive for a number of reasons:

  • Social media can be an effective way to reach potential customers in a cost effective manner.
  • It can be used to strengthen relationships with current customers.
  • It can help increase website traffic and brand recognition.
  • It can help businesses understand their consumer base better and develop more targeted marketing activities.
  • It can give businesses a competitive edge by allowing them to interact directly with their customers.

Freelance Writing/editing

Freelance writing and editing is a great business idea for those who are looking to make a living from the comfort of their own home. It involves writing content for websites, magazines, newspapers, or any other organization that needs content. Editing is also an important part of freelance writing and editing, as it involves ensuring content is consistent, accurate and free of errors before it's published. Benefits include:

  • Flexible hours
  • No commute
  • Variety of work options
  • Control over rates and workload
  • Creative freedom

Mobile Car Detailing Business

A Mobile Car Detailing business offers services such as polishing, waxing, and washing for carsat the customer’s location. It is a convenient, cost-effective and efficient way to improve a vehicle’s appearance on the outside. This is why it makes a great business idea:

  • Time-saving convenience – customers don’t have to take their vehicles to a detailing shop
  • No need to purchase or rent equipment – everything needed is already in the car
  • Cost-effective – customers don’t need to spend extra money on supplies and tools
  • Flexible operation – easy to schedule appointments based on the customer's needs
  • Low overhead costs – no need to rent a physical shop or pay for additional personnel

Craft Making/ Selling

Craft making and selling is an excellent way to make a living. Crafting allows you to express yourself creatively and design products that others will love. There is no limit to the ideas and products that can be created, which makes it an attractive and profitable business idea. Here are some advantages of starting a craft-making and selling business:

  • Low startup costs
  • Endless creative possibilities
  • Flexible hours
  • Unlimited potential for growth
  • Opportunity to build relationships with customers
  • Ability to run it from home or in an outside space like a market

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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.