College life can be difficult. Most often than not, you are left with a long list of expenses but with a minimal budget. While some students face difficulties in managing their fun and entertainment expenses, others face problem in even paying their tuition fees. So, a lot of college students have started working while they are still in college to earn an extra bit of money on the side. There are a lot of ways through which a college student can make money, and one of them is setting up low-cost startups.
Here are the top 15 low-cost startup ideas that you can consider if you are a student looking to earn some cash:
1. Setting up a freelance writing website
The internet is a place that is profoundly content driven, and so there is always the need for new content. You can take advantage of this demand and create a website that offers content writing services to potential customers. It is an excellent idea if you have a flair for writing, you can work in your own time and fast money quite easily.
2. Marketing
Contrary to popular belief, marketing does not need a lot of investment. All it needs is a bit of creative ability and a knack for understanding the public mindset. You can sign up local stores and restaurants who could do with a bit of publicity; you would be pleasantly surprised by the number of opportunities you might get.
Recommended: 5 Easy and Cheap Ways to Start Your Own Business
3. Transportation Services
A group of friends can join together to start this business. All you need is 2-3 cars, and you are good to go. You can lose ads online or on notice boards offering rides or other transportation services in return for money. A straightforward and easy way to make cash.
4. Cleaning Services
Cleaning Service is one business that requires little or no investment at all. Just post a couple of ads online or in newspapers, and you are good to go. You can go solo with this venture or join together with a group of your friends to start a small business. Just make sure you are not averse to getting dusty or wet often.
5. Tutoring
Tutoring, this is another simple and straightforward way to earn money. All you need to invest is your time and energy. Education is one business that would never die, and demand for tutoring services is always going to be present. Just be sure to make use of the demand. If you are looking for Tuition Assignments then make sure to check out smiletutor.sg
6. Handicrafts making
Handmade craft items always have a lot of value. Ask anyone; they would prefer handmade items over machine made ones. And if you are someone who is talented in making small craft items, this just might be the perfect business idea for you.
7. Accounting and Bookkeeping
If you ask around, you will come to realize that a lot of stores and small businesses around your neighborhood do not employ a permanent accountant, they do their accounting themselves. Most often than not, they are not perfect and would need to hire a proper accountant. And that is where you can step in, especially if you are an accounting major. You will get both money and experience.
8. Event planning/organizing
Another one of those businesses that depend entirely on your skill and not on the investment you make. If you can manage a large number of people, prepare for contingencies in advance and to think quickly on your feet. Event planning and organizing is the right job for you.
9. Child caretaking services
If you are someone who loves children and are very good with them, then caretaking services is one business opportunity you should consider. A lot of parents these days go to work and need someone to take care of their children while they are away. One can earn quite a bit of money this way.
10. Start a YouTube channel
YouTube is a medium through which you get to show the world your talent, and at the same time earn cash as well. It was never this simpler. If you can create good content that people will view, you are eventually bound to get a lot of money as more and more people see your content, but you might have to a lot of patience.
11. Resume writing services
A lot of corporates demand resumes be perfect. A person without much fluency in English can struggle with writing resumes. And there are a lot of people online who are looking for other people to write their resumes for them. You could be that person, all you need to have is a bit of English proficiency.
12. Electronic repair services
Electronic products can sometimes be complicated. A lot of products may have simple problems, but their owners would most often have no clue what is wrong with the product. A tech-savvy person with a bit of knowledge about the internal workings of household appliances can take up repairing jobs in return for cash.
Make sure to check out 12 Cheap Small Business Ideas You Can Start Now
13. Creating a small gaming center
Gaming consoles such as PS4, Xbox One, etc. are still cost too much for most people to afford. At the same time, a lot of people enjoy playing on these consoles. If you happen to own one, you can charge people for playing on them on an hourly basis. You can turn your hostel or apartment into a mini gaming center this way.
14. Graphic designing
Graphic designing does not need much investment. All it takes is creativity, the right gadgets and the skill required to come with great designs. If you are someone who has all of the above, then this is one business you have to consider as an option.
15. Food Delivery services
Not all restaurants offer delivery services, but people wish they do. And therein you have your business idea. Offer to bring the delivery of food items from restaurants that do not have a delivery option in return for a fee. If done right, this business venture can be profitable.
Author bio: Sohail is a content marketer and a blogger. He is an associated with smiletutor.sg providing tuition jobs in Singapore. His hobbies include writing, reading books, traveling and gardening.
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