This article contains information on the Top 20 Small Business Ideas to Start at the University
Are you a student in college or university? Are you clueless about good lucrative businesses you can venture into on campus to help give you good income? If it’s yes, then here’s that golden information.
In this article, you’ll find 20 amazingly-lucrative business you can venture into as a student.
20 SMALL BUSINESS IDEAS TO START AT THE UNIVERSITY
1. Freelance Writing
If you have an excellent writing skill and you are an expert in a particular niche, then you may begin to pick up freelancing roles and begin to earn good income. A freelancing role doesn’t require you to be in a fixed location, so you’re of more advantage as you can combine this with your studies. Many blogs and sites are in need of freelance writers, therefore you can grab the opportunity and begin to earn for yourself.
2. Hair Making
If you are good at making good hairstyle, especially trending ones on campus then you are in for some cool cash, especially on the weekends. Inform your coursemates about it, ask them to help tell others about what you do, advertise on social media (especially on the School’s students forum, Whatsapp groups etc) and get ready to receive cash inflow as long as you render unique services.
It is no longer new that people make 5 figure income online through blogging. It costs nothing to start a free .blogspot or .wordpress blog and if you understand how blogging works, you will be making your money in no time. This is a good business for students as it increases their knowledge on a wide range of topics and ideas. One can make a lot of money blogging on interesting topics that are informative, educative and meets the specific needs of the readers. All you need is a laptop and access to the internet.
4. Become a YouTuber
Be it the ads that YouTube places on your videos or the opportunities for sponsored content that come with having a successful channel, there is a lot of money to be made here. And you do not have to be a big name before you begin to earn money on YouTube. Just pick a topic that interests you (games, comedy and music tend to be popular) and put together simple guides or reviews. As long as you are offering something unique, there is no reason for you not to excel.
This is a retail fulfilment method where a store does not keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third-party and has it shipped directly to the customer.
Dropshipping is a lucrative business model now and will continue to see success in the near future. Thanks to the internet, you can conduct every phase of this business right from your room, with surprising ease. The biggest difference between dropshipping and the standard retail model is that the selling merchant does not stock or own inventory. Instead, the merchant purchases inventory as needed from a third-party – usually a wholesaler or manufacturer – to fulfil orders
In order to begin this business, you need a personal computer and internet access. You will need to know your way around websites like aliexpress.com, amazon.com, and you will need to know how to create a Facebook page and set up an online shop on your Facebook page. You will also need to know how to create an online shop on websites like shopify.com and how to drive traffic to your shop. With these, you are good to go!
In order to go into this business, you must possess the necessary excellent tutoring skills in order to remain in business. In this business, you’ll be offering tutoring services such as private lessons to students for a fee, thereby, helping them solve past questions, enlightening them on difficult subject areas and so on.
Who doesn’t love pastries? Birthdays and parties happen every now and then in schools. Are you thinking what I’m thinking? So, if you are excellent at baking, this is just your time to shine and make mouth-watering income.
You can bake cake for ceremonies such as birthdays, weddings, get-together and so on. Grow your network and be continually excellent at what you do and you’ll never go out of business.
8. Honey sales
This is not a rampant business among students on campus. If you need to generate a good amount of money, then you should engage in the business of selling honey. All you need is to get a good supplier, preferably someone who cares about bees around you. Buy or acquire a container to store and preserve the honey, there you go — you are in business! Your target audience should be students in the school hostels, within campus and off-campus. This is a business that pays well.
9. Typing and Editing Business
Majority of students need to type their assignments, projects and thesis. If you have a personal computer, you can start up a typing business. How this works is, you collect the handwritten assignments and type in the evening, after school. If you lack speed-typing skills, install a typing tutorial software like Mavis Beacon and start practising.
10. Sell Compiled Past Questions
Nothing sells fast in school like past question papers, especially as the exam date approaches. You can get past questions from your department and other departments, solve the questions with the help of your textbooks, then convert it to short handout and sell to students during exams.
11. Run a delivery service
Kick-starting your own delivery service is just one of the many ways to make money from walking, although if you’ve got a bike or a car, you should be able to complete each order a lot quicker. Evenings and weekends are the ideal time to deliver goods and services. while in the mornings you could bring people their coffees, newspapers or train tickets.
12. Buy and sell popular graphics and icons
Assuming you do not possess the skills to design things yourself but if you do, this one is pure profit for you, pay a flat rate to a freelance graphic designer to create popular web graphics or icons. Then head to a marketplace, like GraphicRiver, and sell them for a recurring income. You may need to sell a few copies before you break even, but immediately you do, it’s all profit upon profit and so on.
13. Self-publish a book
Do you have excellent writing skills? Always had an idea for a story? Well nowadays, with the increase of eBooks, there is nothing to stop you from becoming a published author. In fact, even if you do not fancy writing a novel, you can still make some money from writing. Set yourself an unusual goal and either blog or write a book about it.
14. Barbing Salon Business
This is one of the most lucrative small business ideas in school. It takes a lot of money to start on your own, though. If you have the skill, you can look for barbing salons close to you and introduce yourself. Once any of them accepts you, you can attach yourself there and make your money in your spare time. Usually, you pay a fee to your host for taking you.
15. Professional Cleaning Service
The services of cleaners are usually required especially if one is about moving into a new house. This is money waiting to be made. To begin, you will need a way of letting people know you are in the business. Social media has made it very easy to spread the word about any service you offer. So you create an enticing social media page for your cleaning services, promote it for a little fee and you are in business.
Be it amateur or professional, it is always good business for a willing mind to engage on the side. For a start, you can target events and social gatherings. If you are interested, it would give you the opportunity to move to a more professional and rewarding career in photography.
17. Retailing of Hair Products
Without no argument, women and females generally spend more money on self-beautification than their male counterparts. As a university student in search of a good business to venture into, consider retailing hair products as one of the best decisions. This business is a highly profitable business.
18. Real Estate Agent
If you’ve got excellent marketing and communication skills, you can become a real estate agent as a student, as this is very flexible and pays very well based on sales.
19. App Developer
If you are skilled with mobile technology, you could start a business developing mobile apps for clients or even making your own and then selling them in app stores.
20. Laundry Service Provider
College students might not have enough time to do their laundry regularly. You could start a laundry service where you collect a small fee to take care of that chore for your fellow students.