The summer is here again, finally. While it means you can spend some time with your family, your children may be home for up to three months. The question on every parent’s mind is: how will I keep them busy? A great idea would be to encourage them to engage in business. Introducing them to entrepreneurship and allowing your children to engage in business at a young age teaches them life lessons such as budgeting, savings, profits, and losses. It also inspires them to consider the possibilities of what they can explore when they are older. So, what business ideas can you encourage your child to engage in during the summer break? Here are a few to consider.

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1. A lemonade stand

Does this look familiar? This photo may have been a business you explored during your childhood summers. And if you did, you would know this business idea is worth exploring. Lemonade stands are the classic summer kids and business idea. It requires little capital to set up and a delicious lemonade recipe. Everyone in the neighborhood would love a refreshing glass of lemonade from a friendly, business-orientated child.   

2. Handmade jewelry pieces

If your child loves making crafts, this is a kids and business idea worth exploring. Your child can create several interesting and unique jewelry pieces from household materials such as plastic, thread, or wood. However, it is important to ensure they use various tools and items safely, or they may risk injuring themselves. To be on the safe side, be sure to visit a school supply store for child-friendly tools. This business idea can also be a great bonding activity for you and your child, as you can help them make the items, create posters and fliers to attract customers, and help them deliver their orders. 

3. Online content creator

Children today are very much in tune with the digital solutions of their generation. The internet provides many opportunities for kids and business opportunities to connect while navigating the space. From streaming games to offering tutorials, your child can explore several ideas as an online content creator. However, as a parent, you must ensure that they produce safe, family-friendly content to avoid various issues— some of which may have legal repercussions. Additionally, it would be advisable to educate your children on the advantages and disadvantages of the internet and safety tips they should implement when online. 

4. Hired entertainer 

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Suppose your child is musically inclined or has impressive performative skills such as dancing, playing an instrument, or mind-blowing card tricks. In that case, you may want to consider having them explore a summer job as an entertainer. For example, they can gain customers through school contacts or within the neighborhood and perform at family-friendly events. In addition to making a good income, this summer business idea can teach your child several life lessons they can utilize in the future, such as public speaking, the art of performing, and marketing themselves. They also learn the need to be organized, manage their time efficiently, and stick to appointments. 

Kids and business are coming together in significant ways. Entrepreneurship is the new black, and more kids are wisely capitalizing on these opportunities.