Students are young, full of knowledge, and ready to invest their energy into a great business. But most students don’t have the funds to start big. That’s why it’s a better option to consider a low-investment business idea and see where that takes you. To help you out, we’ve prepared a list of 12 low-investment business ideas for students that require minimal monetary investment.
1. Catering
Home-based catering is a brilliant way to start earning money without any major investments. You’ve already got the basic kitchen equipment and space at home. All you need to invest in is the supplies and groceries for your first job.
2. Online Tutoring
As a student, you’ve got fresh knowledge and a learner’s perspective. This can help you be a great online tutor. You can advertise your services on social media or use tutoring platforms to find clients. All you need is Wi-Fi and a quiet space.
3. Blog Writing
Do you have writing talent? You can turn it into a blog writing business. You can offer your services to small businesses first and then write the content for their online strategy. In case you need some writing help at the beginning, google “best website to write my essay” to find the best writing services. They can edit and polish your content in the beginning.
4. Pet Business
The pet industry is growing stronger by the day, and there’s always room for you to grow and advance. Start with dog walking since it requires nothing but advertising your services. Once you save some money, start offering grooming, training, or pet daycare.
5. Dropshipping
Starting a dropshipping business is a great idea for students. Working with this model means you don’t handle any of the stock or the inventory. Just set up an online store and team up with suppliers. You handle it all online.
6. Design
If you’re a skilled designer, you can start selling your designs online. Working on ideas for:
- T-shirts
- Phone Cases
- hats
- Backpacks
- stickers
Then, set up a profile on one of the online design stores to get started. You can set up your own website later on.
7. Video Courses
Online learning is growing strong in 2021. People are signing up for online courses to acquire new skills and expand their knowledge. Consider creating video courses and selling them on platforms such as Udemy.
8. Personal Shopper
If you’re into fashion and have a good eye for styling, you can offer the services of a personal shopper. You’d be helping people buy clothes for work, special occasions, vacations, etc.
9. Popcorn Stand
Everybody loves popcorn. Your initial investment would be buying one popcorn stand and getting the license to sell at a certain location. Later on, you can buy more stands and hire people to sell for you.
10. Social Media Management
For marketing and PR students, this can be a great business opportunity. Learn how social media works, and you’ll work on making your social media management skills stronger. Offer your services to local businesses and do your best. Once you gain experience, you’ll be able to take on bigger clients.
11. Food Delivery Business
More and more people are giving up on cooking due to lack of time and busy schedules. Starting a food delivery business would require:
- creating a menu
- finding a delivery boy
- buying a delivery bicycle or car
It’s great if you want to advance in the food industry.
12. Event Planning
All you need to be an event planner is great research and organizational skills. You’ll also need some charm to impress your first clients. Volunteer to organize family events for free and start advertising your services online.
Final Thoughts
As you can see, there are business ideas you could easily start on a small budget. What you do need is a good business plan and determination to work hard.
Hopefully, the ideas above will inspire you to start a low-investment business and start building your career.
Author’s Bio
Mark Blackwood is a content writer and career consultant. He mainly writes for an audience of students and young professionals. He focuses on sharing tips that are valuable, easy to apply, and highly practical.
