A majority of college students make the most out of this free time by getting a job. But there are plenty of other possible paths to take if you want to earn a decent income while in college. One of which is running a business. You can make the most of your location near a university with a business idea that specifically benefits your fellow students. But before you venture into anything, you need to consider the skills you have right now, the amount of money you want to make, and the time you’re willing to commit.
Nevertheless, here are some excellent businesses to run when you’re in college:
The first one to consider is meal planning or prepping business. A lot of students at campuses are always looking for quick, easy, and convenient ways to get food. If you have enough culinary skills to go into this, you’ll have to commit a few hours a week to meal prep and cook in bulk to serve hungry college students.
For pricing, you should look at how much university students are willing to spend. This business idea works best if you’re in a more health-oriented university because the students will opt to have fresh, nutritious food prepared for them rather than ordering fast food frequently.
Another business idea you can consider is a printing business. College campuses will always have some kind of demand for printing. Professors need it for the syllabus and possible readings, students need it for assignments, offices need it for forms, and organizations need it for flyers and other marketing materials. On top of that, it’s not too high of a cost to try your hand at a printing business.
If you want to invest more and take it to the next level, you can look into sign printing and large format printing services. Take note that the costs to start a large-format sign printing business are often higher than that of just a paper printing business. You can partner with a reliable investor to boost your capital.
Lastly, you can consider freelancing or doing remote work. Places near a university are almost guaranteed to have a decent to an excellent internet connection. So, it shouldn’t be too hard or time-consuming to offer writing, proofreading, transcribing, or translating services online. You can also work as an online assistant from the comfort of your dorm room.
There are lots of online resources you can look into about freelance work, but things to consider will include your possible working hours, internet connection, and device you will use.
The campus is a wonderful place to be around, and it’s not impossible to make a living even without taking on-campus jobs like being a teacher’s aide or a research assistant. There are plenty of opportunities for you to earn money while still in college. At the end of the day, it depends on your willpower, the time you are willing to commit, and the money you’re willing to invest.