10 Low Cost Business Ideas for College Students

10 Low Cost Business Ideas for College Students

College education is becoming expensive for every other student. With all the student debt, how can you even be certain that you will have a secure financial future? No wonder so many students are showing interest in small businesses. You can do it, too. Even with limited skills and time at hand, you can start a small business. However, you need a good laptop, a reliable internet package like Spectrum internet packages and a comfortable workplace. Then you can relax and make your way by working hard on your business.

These are 10 business ideas for students that require little or no investment:

#1: Stock Trading

It is certainly a risky business venture and you will need a lot of knowledge and preparation for this. You will need some investment too but it doesn’t have to be significant. To begin with, go for penny stocks. It is easier to sign up and became a trader online since so many brokerage platforms are out there.

#2: Moving Services

Did you know movers can make up to $200 from a single job? The best part is you won’t have to do extra effort in finding clients. You can help students move from their home to campus. This job involves a lot of manual labor and heavy lifting. You can only do it if you can move items from one place to another with ease.

#3: Tutoring

If you are good at something, never do it for free. And that also means teaching someone chemistry Math or helping them with essay writing. There is always a high demand for tutors in college. You can even apply as a tutor at your school. Make flyers about your services and distribute them in the public library and college campus to find yourself clients who are potential students, of course.

#4: Social Media Manager  

Are you social media savvy? Good because a lot of small business owners are looking for people like you to manage their social media handles. Facebook, Instagram, and Pinterest are some of the social media platforms that small businesses want to create presence over. If you can take a course on digital marketing before stepping out that would be great for your portfolio. Businesses want such social media managers who can bring results in the form of more sales, customer engagement and brand recognition.

#5: Book Keeping

Good news is you don’t need to be a finance major to become a bookkeeper. All you need is basic account knowledge. It is easy for small companies to outsource college students for bookkeeping as the is cost nothing as compared to hiring a professional.

#6: Jewelry Maker

Another great business idea is to start your jewelry line. And no, you don’t need to be an artist for that. Just watch a few tutorials on jewelry making and you will be ready to start. This idea is easy to peruse for people who have an eye for design. Create an account on Etsy to sell your jewelry items. You will only need money to purchase jewelry making supplies.

#7: Blogging

This is a stress-free business idea. You just need to buy a domain and hosting for your blog and then start producing great content. Once you are able to develop a relationship with your audience, you are ready to monetize it. This is not one of those business ideas that will start bringing cash overnight. You will have to put in a lot of effort to build an engaging blog. One good example would be of the benefits of Spectrum voice and its features.

#8: Event Planning

This idea is for individuals who are detail-oriented and love organizing parties. You can either start a business that organizes all types of events or one specific event like birthdays, weddings or corporate events. Your existing clients will become repeated clients and they might also help you find new ones.

#9: Photography

The person who knows the slightest bit of photography would understand that it is not just about capturing the image but emotions. If your hobby is to take pictures, then why not turn it into a business? Digital photography is one of the most successful small business ideas. It is the type of business that you will promote by words of mouth. You can create an Instagram and Facebook page for your business to build brand awareness and popularity.

#10: Virtual Assistant

Marketers have so many tasks they want to delegate because they are time-consuming. They look for virtual assistants to take care of those tasks. As a virtual assistant, some of the tasks you can take responsibility for include travel arrangements, making appointments, blog posting, social media marketing, calendar management, etc. Based on your specialty, you can handle the above-mentioned tasks and get an hourly wage in exchange of your services.

Summing Up

If you have been dreaming of starting your business, then there is no better than time. It doesn’t matter that you are a student who doesn’t have much experience or time. You can even jump into the CFD stock trading business by doing proper homework.

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