Well hey man, why not just run a cash-only business for a little while, until you turn 18? Back when I was 17 I was still going to high school so I used to cut a few yards around the neighborhood and put the money in my pocket, and thank you very much.
I mean... Do you HAVE all the stuff already?
If so, running it under your parent's name should be no big hassle: Just run it sorta like you own it because your parents ... well i forget how it works but basically they are taking responsibility and that is something you and your parents need to talk about, but far as taxes and all that, it shouldn't matter much - While you live with your parents, they claim you as a deduction and likely can file your income under their household OR you can file your own just as well, I don't think it matters who owns the business here.
After all, if YOU are doing all the work then your parents don't get any income from the business so it shouldn't affect THEIR taxes unless they wish to claim YOURS under theirs and then pay you but that is a hassle. So since you're doing all the work, just claim your losses and expenses as if you owned the business, the only difference being your parent's name is on the license. You'd be like the 'acting' owner or something.
Far as you being an employee, even if your name is on the license, you're still an employee in a sense: A boss works for the business, too, just like the rest of the workers, the boss works, everybody works, we all work for something or someone.
