Low Cost Businesses Ideas a Student Can Start Right Away
In the present times, acquiring higher education costs you a lot and it becomes even more challenging if you are under debt too. Therefore, many students seek some part-time job to meet their educational expenses as well as to pay their debts.
Undoubtedly, this is an appreciable thing that many university students don’t put the pressure on their increasing educational expenses on their parents.
However, finding the right part-time job as well as managing time for it can be troublesome. Luckily, the ease of access to the internet has provided students with a platform to do various kinds of online jobs. In this way, students can have flexible job hours without missing their classes. It is also a reasonable means to earn a decent amount of money.
Meanwhile, if you’re indebted with heavy interest rates, considering refinancing your student loans, then hop to stilt to learn more about it.
Here are low-cost business ideas you can start right away even if you are a student:
- Cleaning Service Provider
Instead of looking for a part-time job opportunity, be your own boss and start a cleaning service. All it requires is some marketing of your business so that people begin asking about you in the town. Once you have got your first job and have successfully satisfied your customer, you will get genuine referrals and will build a client list.
With time, you can make it a full-time job by employing more students into the business and getting more jobs done in less time.
Start off with simple advertisements of your services, and take it to the next level as opportunities will start to flow. The necessary equipment for cleaning can be a little expensive, so you can ask the clients to supply you a maximum of the cleaning equipment. It will save you a lot of initial business costs. For cleaning, you can prepare a vinegar solution.
Set the per hour rates from around $20 to $50 depending on the space you have to clean up.
- Tutoring Business
Making tutoring a business seems offensive as we understand the heavy costs of educations we have to bear per annum. Therefore, serve students at a reasonable cost. The higher the difficulty level of a course, the higher you can charge for it.
Whatever subject interests you, and the one that you can teach in the best possible way, start teaching it to your juniors. Online tutoring is another option to teach English to students from different countries (where learning English is a must to enter the professional field). You can become SAT tutor if you have scored high in SAT tests. Teach the tricks and tips of learning to students on Youtube. The per hour rates will add up to make a great monthly salary.
- Website Designing
In the online field, an important task is to design websites for various businesses that are impactful, impressionable, and attractive to clients. Web designing requires expertise in HTML, Flash, WordPress, and other platforms for graphic designing. Within hours, you can earn a huge profit. You can collaborate with logo designers, graphic designers, and so on to offer a complete package to your clients.
Build a portfolio that details all the projects you have taken up and how you helped with the success of a business. For newbies, mock home pages and logos are ideal options to demonstrate your potential skills to the clients.
- Buying and Selling Business on eBay
Find out the most popular products among students or people in your area that are available on eBay. Apart from that, you can think about apparel, t-shirts, computer accessories, and antiques. Get them at a discounted rate during the sale season, and sell them on their original price to the customers. You can make an Instagram and Facebook account that details all your product lists and prices. Attract customers by using various business strategies.
- Work as a Transcriptionist Or Translator
University going students can also work as a transcriptionist since there are a lot of audios that require transcription. Just hear the audio with full attention and transcribe it to generate money. Apart from this, students can also translate stuff from one language to another if they are capable of doing so. Platforms like Elance, Guru, iFreelancer, etc. can provide students with such type of online work.
You may get hired as a translator and a tourist guide for foreigners for your exceptional language skills.
To end, adopting any of the above-mentioned low-cost business ideas can be the finest way to earn money while studying to pay your debts and to fulfill other everyday needs too.
Taylor Hill works for a financial technology company Stilt located in San Francisco which is revolutionizing the way individuals with limited or zero credit history get loans in the U.S.