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9 Low-cost Business Ideas For College Students by Wealthscheme: 3:14pm On Oct 10, 2019
It can be difficult for students to balance a part-time job with a heavy class schedule. Here are nine low-cost business ideas for under $100.

It takes money to have fun in college, and it’s no secret that tuition and costs go up every year. But with classes scattered throughout the day and even at night, how can you add a job? That’s why more and more college students are opting to go into starting their own business to fit their skills and limited time.

Here are nine ideas for low-cost businesses that you can build while still in college.

Residential cleaning service
In search of a part-time job that caters to your busy class schedule? A residential cleaning service can be a viable option.

In 2009, 21-year-old Kristen Hadeed posted an online ad offering residential cleaning services. After successfully cleaning her first home, Hadeed was able to build her network of clients solely off referrals.

“With cleaning, it’s a trust thing. When you trust someone, they’ll refer you,” explains Hadeed.

Cleaning homes granted Hadeed the flexibility to balance a heavy academic schedule while maintaining a part-time job based on her own availability. She eventually recruited other students to join her business, founding one of Florida’s largest independently owned cleaning services, Student Maid.

In the beginning stages, keep it simple, advises Hadeed, starting with an online ad for your services. From there, the opportunities should flow. To avoid heavy startup costs, require all of your clients to supply the majority of the cleaning supplies and use recyclable rags and a diluted white vinegar solution to clean.

For residential cleaning services, you can charge starting at $20 an hour. Other advice? Always overestimate the amount of time it will take to clean, and charge an hourly rate in case you’ve got a large space.

Moving service
Whether moving back for the fall semester or moving home for the summer, movers can make an incredible income helping on-the-go students. A mover can make up to $200 for a single job. Stephen Vlahos and Cameron Doody noticed this need and created Bellhops, a student moving service that’s expanded nationwide.

“It’s twice what students could make working at a pizza shop, plus they get regular tips,” Doody told Pando. “And they can work whenever they want.”

What’s the catch? Being a mover is hard work and involves a lot of heavy lifting, so having the ability to move large items and furniture with ease is a must.

Joining or starting a business like Bellhops, where you’re able to have flexible hours and build your own schedule, can be great for college students. If you’ve got a large network already, spreading your services through word-of-mouth, social media, online ads, flyers and a website can jump start your entrepreneurial career for little to no startup money.

Child caretaker
Good with kids? A position as a babysitter or nanny could be the perfect opportunity for a college student seeking a part-time job. Whether it’s taking care of kids on date night or picking them up from school, there’s a constant demand for babysitters.

Web babysitting services like SitterCity.com and Care.com make it simple and easy to promote your services and tap into a network of busy parents. Many colleges also offer their own career listing sites that connect students to local babysitting and nannying opportunities, though the best way to pick up new gigs is often through trusted referrals.

Babysitting involves an incredible amount of responsibility, so it’s important to have confidence in your skills as a caregiver. Providing a background check and taking first aid and babysitting training classes are great places to start.

Babysitting rates can vary between $8 to $40 an hour depending on your experience, the city you live in, children’s ages, number of children and the amount of responsibility involved (driving, cooking meals, handling pets, etc.).

If you’re in school, chances are you can pull your weight in at least one subject. Whether it’s math, essay writing or chemistry — or even standardized testing — use your knowledge to make money and teach others who might be struggling in the areas in which you excel.

There will probably always be a high demand for tutors in college, and the resources for promoting your services are expansive. Students who wish to pursue a job as a tutor have multiple options, such as tutoring through a college’s peer-tutoring center. By applying and registering as a tutor at your school, you’ll be able to earn extra cash without having to market your services yourself. If you wish to go independent, find out if your school has an online community board where you can post your services and rates, or go into your student center and library and leave fliers at the front desk.

If you excel in a certain subject, talk with the relevant professors to see if they’ll help spread the word. Many schools often allow you to officially register as a tutor so that students are able to look up your information on the school’s website.

Also, consider tutoring high school students in your area. One area particularly in demand is SAT tutoring for both the general SAT and specialized subjects. Nationally recognized SAT prep companies such as Kaplan and The Princeton Review list available job opportunities on their websites for tutors around the United States.

Tutors can charge anywhere from $10 to $100 per hour depending on subject matter and the city; however, the going rate for SAT tutors tends to skew higher. Look up what tutors are charging in your area before setting your rate.

Event organizer/promoter
It’s undeniable that a number of college students get wrapped up in their school’s social scene. Why not capitalize on it?

During his junior year in college, Alex Sanchez cofounded Edgework Entertainment, an event management, promotion and consulting startup. Sanchez noticed an unmet demand for off-campus events in the community.

To bridge the gap, he networked with local venue owners and musicians by acting as a liaison between local entertainers and venues. He was also able to plan and execute successful events that his company promoted on-campus through guerilla marketing tactics, such as passing out fliers, putting up posters and speaking to students one-on-one to create buzz among the student body.

The company also utilized major social media channels and created a website to get word out to the community.

It could be considered a win-win for all parties: Venues attracted more customers, musicians received exposure and Edgework Entertainment took a percentage of cover charges and ticket sales.

“Find the right people to work with and make sure you have good chemistry. Everyone is painting a small part of a larger picture so communication is key,” says Sanchez.

On top of exceptional communication skills, having organizational skills as well as a grasp on the fundamentals of business, marketing and finance are necesssary as an event organizer.
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Re: 9 Low-cost Business Ideas For College Students by alex1486: 1:42pm On Oct 18, 2019
yes you can start as SAT tutor and start teaching ...you can earn good amount in teaching sat

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