There are small activities that can encourage children to earn money with their own money; Know the legal requirements
On the rise in Brazil, entrepreneurship involves 67% of the adult Brazilian population, according to data from the National Association for Entrepreneurship Studies and Small Business Management (Anegepe) in collaboration with Sebrae. In a nation with entrepreneurial DNA, the initiative can start from childhood, with small businesses that can encourage children to earn money on their own.
Selling jewellery, sweets and cakes or even participating in family businesses are some of the most common options for children’s first contact with the entrepreneurial world. One of the classics inspired by American films, the lemonade stand is an example of how entrepreneurship can emerge in childhood.
Extra money can come in different ways, but the important thing is to strengthen the presence of the manager. He must accompany and guide the child at every step. Additionally, it is important to be aware of the company’s legal issues.
Setting up a lemonade stand in front of the house, preparing cakes, desserts or doing crafts are small activities that can encourage children to earn money with their own money.
“Many parents are surprised to learn that their child’s business, even something as innocent as a lemonade stand, may require a permit, license, or even a legitimate business structure,” says Michel Cury, general manager of Rocket Lawyer Latin America.
This way it is possible for the child to undertake. But be careful: if the stand is open to the public, even if it is on your private property, you must obtain an authorization or license. After all, food safety is a serious issue.
Also according to Cury, the legal red tape involved in opening a lemonade stand, or other business, doesn’t stop his son from earning money the old-fashioned way.
“If you or your child have additional questions, you can always ask an attorney to learn more about the legal responsibilities of running a business,” he concludes.
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Source: Terra
Ben Stock is a lifestyle journalist and author at Gossipify. He writes about topics such as health, wellness, travel, food and home decor. He provides practical advice and inspiration to improve well-being, keeps readers up to date with latest lifestyle news and trends, known for his engaging writing style, in-depth analysis and unique perspectives.
