Did you know that the average college student in America graduates with $26,900 worth of debt?
Unfortunately, being a “broke college student” has become the norm in America. But, just because you’re a college student doesn’t mean you have to be in debt, and it doesn’t mean you have to wait until you graduate to start making good money.
There are many lucrative business ideas for college students that will allow you to make good money while still focusing on school.
Check out this guide to learn about the top business ideas for college students.
1. Tutoring Business
Chances are, there’s at least one school subject that you naturally excel at. You may even be majoring in it. So, why not make some extra money by starting a tutoring business in your chosen subject?
Whether it’s math, Spanish, or chemistry, students of all ages need tutors in every subject. And since you’re in school, you should have no trouble finding students who need your help.
While you can advertise your business online, we also recommend letting your professors know that you’re available to tutor students who need help. You can also hang up signs on your campus bulletin board, and spread the word about your business amongst your social circles.
2. Moving Business
Students are moving in and out of dorm rooms and apartments on a regular basis. And, most of these students need some help moving their stuff.
That’s where you come in. If you have access to a truck, you can start your very own moving company. You can either set up a partial moving business in which you just help with the loading and unloading, or you can set up a full-service moving business in which you also help with packing, unpacking, and rearranging.
Most moving companies charge about $60 to $80 per hour. Of course, most college students aren’t going to want to spend this much money. But, if you can cut your expenses down so you’re just paying for gas mileage with your truck, you can charge a lot less and still make very good money while beating out the competition.
3. Editing and Proofreading Business
If you have a knack for words, college is the perfect time to set up an editing and proofreading business. There are so many college students who need help editing their papers, you’ll likely just need to hang up a sign on your campus bulletin board and the requests will come flooding in.
Some students will likely ask you to write their papers for them, but don’t do this, as this is how you get into trouble. The great thing about an editing business is that there are virtually no start-up costs. All you need is your laptop and you’ll be good to go.
Business Ideas for College Students: Are You Ready to Start Your Business?
Now that you’ve read about these business ideas for college students, it’s time to get rolling. Of course, it’s important to keep in mind that starting a business takes a lot of work.
You need to learn about marketing, advertising, financial management, and more. While this may sound overwhelming, we’ve created a course that will teach you everything you need to know about starting your own business. Click here to learn more.