10 Best Small Business Ideas For Students – Whether you’re a student, a parent, a hustler, or someone just looking for a side project to get you started, you’ll need some spare cash to get started. However, there are some great small business ideas that are much cheaper than you might imagine. And some of them you can do in your free time between other responsibilities.
True entrepreneurs muster the courage to turn their passion into a business. And the lucky ones can turn a small side project into a truly thriving business for years to come.
10 Best Small Business Ideas For Students
Today we wanted to come up with a list of the top 10 small business ideas to start in your spare time. Whether it’s just a temporary way to make some extra money or it turns out to be a life-long business, either one is relatively easy to start without dramatic upfront costs.
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People make entire careers out of social media and so should you. Almost every small business owner needs a strong social media presence to reach a larger audience and grow their brand. And very few of them are good at it themselves. If you enjoy creating content for your own social pages, think about the types of companies you could transfer your skills to.
Again, the initial cost is low. And once you have a handful of clients, you can start outsourcing some of the artwork, design, or custom images/editing to other agencies. This allows you to scale this type of business at a slow but significant pace.
Helping people get things around town is a valuable service, especially in larger cities. There is a constant demand for personal removals, office removals or package delivery. And again, the initial cost is relatively low. Marketing is cheap and all you need is a vehicle that is the right size for whatever you are transporting.
Again, the hourly rate for these tasks is surprisingly high. Depending on what you’re moving, the rates can be borderline outrageous.
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If you’re charismatic, have great ideas, and think people might want to listen to you, starting a podcast or blog can be a great way to build a small business. Many individuals now monetize their content through their blog, social media channel, YouTube account, Patrone or even TikTok.
The more you grow, the more you can charge for each sponsorship. It’s a great way to start small with minimal cost.
The gift of composing words beautifully is more valuable than you might think. Ghostwriting services are growing in many types of industries. You can start your own writing service that offers online help to students who are struggling with their assignments.
On the more professional end of things, news publications, editors, celebrities or small businesses require ghostwriters. Expanding your business into this area can hone your skills and lead to better paying gigs.
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You can start by offering your services to friends and family – you’d be surprised how many people could use some writing help. Once that channel is exhausted, check out Fiverr and UpWork for more work.
If you like clean spaces, then this could be a great place to start. In terms of capital, you really don’t need much. The basic materials are cheap enough to put together and the initial marketing efforts are affordable. Social media, Yelp, and other niche review sites are free to maintain a presence.
Also rely on your contacts and local community. Word of mouth marketing is invaluable. And once you get started, ask for testimonials and reviews to build your referral marketing.
This is the type of industry that you can easily grow and hire a small staff. It’s a growing industry that charges high hourly rates in multiple cities.
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Manage your retail business without the major inventory issues that come with running a brick-and-mortar or e-commerce business.
The dropshipping process is quite simple: a third-party seller stores and ships products on behalf of your business. You simply have to do the marketing and maintain the supplier relationships necessary to facilitate each transaction.
Since there are no overhead costs for inventory, this is one of the cheapest ways to start a small business. It also gives you great versatility to offer different products based on your customers’ requirements.
Printing t-shirts, hoodies, hats and more is easier than ever. If you have a great idea for some new designs, you can print in bulk at affordable prices.
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For entrepreneurs who already have a flair for design, some good ideas and a decent social media following, this is a great way to launch a new business.
Think about your target audience and what types of clothing they would appreciate. Start with quality printers and materials to make products last. Consumers are willing to pay a premium for custom-designed garments that can handle more than a few washes.
Ideally, anyone entering the photography business has a strong background in the medium. But rapidly improving technology allowed amateurs to enter the fold. And there are plenty of areas of photography that many trained photographers despise. Family portraits, weddings, engagements, etc. are some of the most common types of photography that newbies can jump into.
Still, you definitely need to have talent to get started. It takes a lot of practice and usually some expensive equipment. Think about a need your community has and go from there.
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There are so many third party sites that now serve as platforms for home goods. Selling a variety of different products, entrepreneurs of all ages have found success in reaching a much larger audience than their local farmers market.
Soap, candles, salsas, cakes, calendars, prints, clocks, jewelry, and bags are just a handful of items that thousands of people have had great success selling online.
And to take it to the next level, it’s also easier than ever to start your own business with a simple e-shop. You can start with our guide on how to open an e-shop in 2021.
Finally, think of business ideas to turn into memberships. Subscription services are becoming increasingly popular for a reason. As new subscribers join, they move into rapidly growing income. Instead of a one-time sale of a product, you are selling a long-term relationship with each customer.
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Again, there are many ways to start this type of business. Online tutoring, podcasts, yoga, exercise, music lessons, and pet classes are just a few.
Most of these businesses on the list are fairly easy to start. Although starting any new small business requires hard work and a bit of ingenuity. Overall, small digital businesses are probably the easiest to start. Social media management, content writing, SEO, graphic design and simple software engineering are some of the best businesses to start.
This varies widely and success depends on how much time and energy you put into your business. There are many different ways to turn a new small business into a success. The most successful include tutoring, handyman, childcare, gardening, IT support, software development and web design.
Starting a small business has a new face. Entrepreneurs have new opportunities in the digital sphere that did not exist just a few years ago. These include consultants, online sellers, dropshippers, online tutoring, courier services, app developers, website designers, cleaning services, copywriters, translators, digital marketers and food trucks.
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To do all of this smoothly, you’ll need a small business point of sale. Look for a solution that will help you scale, add customers to your loyalty program and sell online. It must be as versatile as your business.
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Among other things, Michael writes about trends and tips in retail for KORONA POS. It aims to bring small business owners a holistic approach to growth. In his free time, you can find him somewhere in the southwest on a walk. Connect with him on LinkedIn. One of the biggest mistakes most entrepreneurs make is spending more than necessary on unnecessary costs, including technology and equipment. Remember your business is SMALL and focus on building profit first and then try to scale, expand and automate. Starting your own business is a major life decision and is more than just a side hustle. Those who want to start a business want to improve many aspects of their lives.
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Bonus: If you’re tech-savvy and have access to seed money, consumers want a price comparison search engine. One that compares prices from the Disney Store, Walmart, Sony, eBay, Amazon and Best Buy.
Here’s a list of 20 great business ideas you could start using traditional channels like a storefront or home business to keep startup costs under control. Starting a business is not easy, but it can be done