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Sunday, 4 March 2018

Business ideas for students in university

Are you a student? Do you want to make some extra money while in school? The fact that you are a student doesn’t stop you from starting any profitable and lucrative small business for yourself while in campus.


If you are interested in generating another income source for yourself as a University student then you are making a healthy decision. I Would love to state some reasons why you should invest in any small business in school, you will be less dependent on your parents.

Having an extra source of income will help solve your financial needs, such as paying off your projects/handouts,feeding and the rest of them.

Education is an expensive project. Students have to pay for or buy a number of things ranging from text books, hand outs, excursions, field trips, research projects, practical and even accommodation.

While some students have sponsors who readily provide them with funds for such items, majority of students are either self-sponsored or have to rely on their parents who can only do little for them.

With the increasing costs of tuition and other fees in schools and colleges, it’s now becoming more than important for college bound students or those already in college to start a business. Before now, college students can easily get part-time jobs.

But due to the bad global economy, there are now fewer jobs, stiffer competition, automation with technology, and constant changes within corporations. So, the key is to accept the new economic reality and prepare to survive even in the face of harsh conditions.

Do you want to graduate from school without looking for a job or depend on the government?? If YES, here are 20 best
business ideas for college/University students to start in 2017 (entrepreneurship) .
1.BOUTIQUE AND CLOTHING LINES
College and university students have a strong fashion sense. The average student wants to dress to impress and could go to any length to achieve that—even if it requires frequent visits to the boutique.

To entrepreneurs, this only means one thing: business opportunity for anyone interested in a boutique business.

2.PHOTOGRAPHY
Photography is also an upcoming field. It earns people a lot of money. With the reign of Instagram and Pinterest (social-media sites) most people like taking professional pictures. With great knowledge of photography, one can attract many people including models to take pictures of them.

3. ON-BOARDING SERVICES FOR INTERNATIONAL STUDENTS
If your college admits students from other countries that have never lived in your country for long, you can start an on-boarding service for international students.

Such students find the campus environment overwhelming, and they may have a hard time blending with the new system.

If you are compassionate, and you enjoy meeting new people, you can set up a hospitality or familiarization program for international students. You can either collaborate with the office of students’ affairs in your school or run your business independently.

4.EVENT PLANNING
There are series of campus events from student parties to award nights, matriculations and convocations. You can offer your services and help in planning such events and get paid for it.

Although starting up might be challenging as you will need to be able to convince sponsors that you can handle the job perfectly. You can offer to do the first few jobs for free and start charging when you have proven yourself to be an excellent event planner.

5.START A PROPERTY FINDING SERVICE
You can offer property finding services to fellow students searching for accommodation or even to non-students.

You will need to go around and search for vacant houses and list them on your website so that people who need such accommodation can contact you.

However, you will need to create awareness for your website by printing flyers and telling as many people as you can.

6.DOCUMENT/PHOTOCOPY CENTER
If you have ever been in a student-dominated environment before, you would have been awed at the rates at which students flood photocopy centers.

Virtually every day, the average student needs to make copies of pages of a textbook, a class note, an assignment, a document, or some other important piece.

This explains why the demand for photocopying services is always huge in school campuses and environs.

7. SOFTWARE AND APPLICATION DEVELOPMENT
Mobile Apps are hot right now and many businesses and individuals are hiring people to build mobile applications for them.

Do you have programming skills? Then you can also make money as a student by building mobile apps and publishing them.

8 . LAUNDRY BUSINESS
Students, like any other set of people, love to look good. But their tight school schedules usually does not give them enough free time to do their laundry, so they mostly to have this done for them.

If you have no problems with getting your hands wet, then you should consider starting a laundry business . Fortunately, this business requires no technical knowledge or huge capital.

9. DESKTOP PUBLISHING CENTER
Desktop publishing centers in student-dominated environment make a lot of money by helping students format, print, edit, and design their assignments, reports, project works, and so on.

In addition, students pay to have their tuition receipts and other vital documents printed from their school website whenever necessary. If you have a solid background in desktop publishing, then this business is for you.

10 . RESTAURANT
Just as they usually don’t have time to do their laundry, students hardly have the time to cook their food. This explains why they turn to restaurants and fast food joints to fill their bellies whenever the need arises.

And their need to eat every day leaves huge profit opportunities for restaurants and fast food joints.

If you have great culinary skills, then you should consider venturing into the restaurant business. Even if yours is not a student-dominated environment, this business thrives everywhere.

11.STATIONERIES
It goes without saying that stationeries sell well in school campuses and environments dominated by students. And the reason is obvious—students always need pens, pencils, rulers, and other stationery items.

If you live in a student environment and would like to start a business that requires very little startup capital, then you may consider selling stationeries.

12. SPORTS BAR
Students—mostly the males—have great enthusiasm for sports. You will see them flooding sports bars on weekends as well as weekdays on which high-profile sporting events are to be televised.

If your blood boils with envy whenever you sight this, then chances exist that you are interested in the business. And if you have what it takes to take a plunge (money, time, interest, business sense, and other things ), do so.

13.CYBER CAFE
Whether there is reliable internet connection in a student-dominated community or not, the demand for internet services among students will always be on the high side.

So, in an area with poor internet connection, starting a high-speed internet cyber cafe is a good business opportunity, as it fills a pressing need among students in that community, who will need to browse the web to pay their tuition online, research answers to assignments, and so on.

14. BOOK SELLING
What else do students do other than read books? So, the reason is obvious why textbooks and notebooks sell well in environments dominated by college and university students.

If you want to start a very profitable business that caters to students, then you should consider opening a bookstore.

15.SUPERMARKET
Just as is the case in other environments, a supermarket will be a very profitable venture in a student-dominated environment. This is because supermarkets sell a wide range of goods that are needed on a daily basis, such as snacks, personal care products, beverages, processed foods, cosmetics, and so on.

If you are living in a student-dominated environment and looking to start a business, then you may consider opening a supermarket. However, you can start small if you are on a little budget; your business will expand with time.

16. BLOGGING
Blogging is one of the fastest growing online business in the world.

Anyone can become a blogger; it doesn’t require any certificate, but you must have a good writing skills to survive as a blogger.

17 . HAIR DRESSING
Are you a hair stylist? Then this a venture you can give a second thought.
Everyone loves to look good and appealing.

Women, in particular, spend a lot of money to ensure they look good and attractive to men… and also make their fellow ladies jealous. You need a good business plan before starting this type of business.

18 .TUTORING SERVICES
Are you intelligent and brilliant enough? Do you have the what it takes to teach the less-learned student in your campus? Then never let this opportunity pass you by.

Observe those students in your department who find it difficult to comprehend a particular subject.

Are they are willing and eager to learn more? You can get in touch with them by telling them you want to offer a tutorial services after school hours. In return, they pay you – depending on the bargain.

19 CAR WASHING
Please don’t laugh. This type of business might look kind of funny, but it’s worth it.

They are lots of rich and exotic kids out there in your campus who are car owners, but they have little to no time to maintain the car – in terms of cleaning.

Get in touch with them to let them and let them know the kind of service you have to offer in order to get paid.

20 .WEB DESIGNING
The world is going digital. The need of having an online presence is very crucial.

So they are many business organisations out there looking for Web designers to help them get a beautiful website and take their business online.

You can also offer your services online on fiverr.com. If you are an expert in web designing then don’t let your skills be a waste, invest in it and watch as the money flow provided you follow the right channel.

21.Writing
Writing is a skill. Some acquire the skills while some is natural. If you are a skilful writer, there are some blogs that pays writers to contribute – like Lindaikejisocial.com (You will make N1000 by submitting any incident happening in your area) Pulse.ng also pay bloggers, but I don’t know their bid.

You will get to know if you join the Pulse.ng bloggers network. Infoguide.com too pays any blogger that is willingly to work with them.(For students who is living in Nigeria)
For a student is to become a freelance Writer.

You can find a lot of freelance writing jobs on websites like Freelancer, Odesk, Elance, Fiverr and other micro-job websites.(For all students all over the world)

22. PERFUME SALES
Everyone loves to smell good. You can decide to source for suppliers and sell it at higher price.

Remember your main aim is to make profit.

Tell your roommates, course mates and friends to patronise your products.

23. JEWELLERY MAKING /SALES
Jewellery sales is one of the booming and profitable business in the fashion industry.

Starting this type of business requires you to conduct thorough research and get enough resources; but on the hand if you are good at making nice and lovely jewelries, then it will be much easier for you to commence.

24. SELL YOUR ARTWORKS
Are you a good artist? Do you love making lovely and nice artworks? Then this your chance to create an income channel for yourself in arts and crafts industry.

Students in your campus, with an interest in good and fancy stuff should be your main target.

You can also sell it to hotels, but you need to conduct a feasibility research before selling to hotels.

25 .RETAILING OF MOBILE PHONES
This another profitable tech business you can venture into as a student. You don’t need to have any skill to start selling mobile phones.

All that is required is to be flexible with phone models and the prices. That’s why I love this business. This is not stressful, but profitable.

You need to source for suppliers that can get you different brands. At least you will be selling just one brand you need to have some substitute.

Get a show glass and a good location,a busy and attractive site in your campus will be much more preferable.

26.MOTIVATIONAL SPEAKING
Can you speak and be audible enough? Are you capable of addressing a large number of audience? Some motivational speakers are well paid – depending on the type of service rendered.

If the word alone from your mouth can touch lives, then this business is for you. Be updated on new events and things going on around you.

27. TRANSPORTATION SERVICE
If your parent has an old car that has been abandoned for a long time, you can fix it and start a micro transport service.

Chances are your fellow students need transportation to and from campus. And most of the time, the transport arrangements by school authorities are not very good.

So, your college colleagues would be willing to pay you to transport them. They will prefer your services to that of the college because yours will save their time and provide more comfort and flexibility.

28.STUDENT AWARDS PROGRAM
Everyone is looking for a way to get ahead in today’s competitive job market. Team up with student affairs or the Student Government Association to start an on-campus student awards program where students are rated and awarded in certain categories that are relevant to future career success. Charge an entry fee and look for sponsors.

This is a cool way for students to get accolades they can add to the list of credentials that can be presented to possible employers.

29 . IMAGE CONSULTING
Have you always been considered a fly guy or fly girl? Help students improve their image in general or for professional interviews.

30.OFFER VIRTUAL ASSISTANCE SERVICES
A lot of busy professionals would not mind getting extra help in reading their mails, responding to enquiries and organizing meetings and tasks for them without having to hire a secretary or personal assistant.

Many people prefer to hire a virtual assistant who would work from home. You can become a virtual assistant and offer such services as long as you have a computer and an excellent internet connection.

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