Risks, safety and ethics — Entrepreneurship for kids
Every business has risks — rain on sale day, stock that does not sell — so plan for them and start small. Stay safe: an adult at the stove and with knives, clean covered food, sell in known places, never visit strangers alone or share your address online. Be ethical: the same clear price for everyone, honest claims, correct change, a refund if something breaks. For tax or legal questions, ask an adult or an expert.
Safe and honest — “plan for what could go wrong and never cheat a customer”
Safe: an adult at the stove, washing hands, covering food, known places, a parent knows the plan, cash in a box. Unsafe: visiting strangers alone, sharing your address, selling alone after dark, knives or hot oil without an adult.
Honest: clear prices for all, ingredients listed, true photos, correct change, refunds. Dishonest: fake discounts, secret higher prices, false health claims, hiding faults, made-up reviews.
Lower risk by planning early and starting small; tax and legal questions go to an adult or an expert.
Use it for: Before and during any stall, service or online post.
Worked example: 🛡️ Safe or unsafe for a kids’ business: an adult at the stove? → a safe practice
Stoves and hot liquids can burn; an adult in charge keeps everyone safe.
So it is a safe practice.
Check: Try it: list three risks for your idea and one way to lower each ✓
Work it out in your head or on paper, type the answer and press Check. Stuck? Press “Show me how”.
Right: 0 · Tried: 0
🏁 Lesson 22 test
20 questions. Check each answer, then go to the next one. Get 16 or more right to pass.
🏅 Sign in with Google to earn the
🛡️ Safe and Fair Seller badge when you pass — and a certificate when you finish all 8 lessons of
Part 3 · Running a small business. You can still take the test without signing in.
👩🏫 Entrepreneurship classes near you — online or at home
Prefer a real teacher? TalentJR teachers take live online classes anywhere in India and visit homes in
selected cities. Tell us what you need and our team will call you with timings and fees.
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🏠Teacher at homeA TalentJR teacher visits your home (selected cities).
🏫At a centreClasses at a TalentJR partner centre near you, where available.
