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how young can you officially start a business
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as they are still 'minors', they can only enter into contracts for what would be considered as essentials
so no, they cant enter into commercial contracts, which is what buying & selling is
seems to me that the route to take would be to actually employ them within the business, & to allow them a certain amount of freedom on those parts that dont involve anything that would be dealt with by 'adults' ie forming contracts etc
thanks...... this is what we have decided to do, to save any confusion, what we are going to do is start it up as a separet business, with its own set of accounts etc, and then when they are 16 they can take it over.....Work to live= not live to work0
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