What are the Best Small Business Ideas for Students?

. 7 min read
What are the Best Small Business Ideas for Students?

Business is not about luck but hard work, patience and persistence. One should go through the market demands before setting up a business. The market affects business in many ways. Business ideas need to be planned carefully well in advance before execution. Many small businesses offer quality services, yet no one approaches them. It is because no one knows about them. Make your business recognisable. Create a brand name that not only attracts customers but also inspires your competitors. One of the best small business ideas for a student can be home-based businesses.

Home-based businesses can include various jobs ranging from a home bakery and home tutoring to food startups and house parlours. Let us understand in detail.

1. Home Bakery

If you love baking cakes, muffins, pastries and cookies, this business is the perfect fit for you. People have started this business and are earning well from this. Be it birthdays or anniversaries we cannot do without a cake. Homemade slices of bread are also highly sought after. This kind of business flourishes through word of mouth marketing. Before you know it, people will come looking for your delicacies. It is one of the best ideas one can work towards and later own a shop of their own.

2. Home tutor

Be it online or offline, a teacher always comes to the rescue whenever we find a subject difficult. One can start a business of teaching students who need a tutor. It is something that does not require a lot of preparation. One can teach what he/she is studying or has studied in the past. The Covid-19 pandemic saw a rise in the online classes through Skype, Zoom or Google Meet. These are reliable platforms to exchange knowledge. One can give demo classes before and then follow up as per the client's requirement. It is one of the best ways to earn and is also hassle-free. Online teaching is also applicable to those who love to teach singing, dancing or playing musical instruments. Several online courses teach us how to play the violin, guitar, drums, etc. Many Youtube channels out there teach us to dance. Moreover, there are endless choreography courses available on the internet.

3. Fitness Instructor

The work of a fitness instructor is to keep an eye on the client's fitness level. They are responsible for guiding people on how to use gym equipment properly. People who love being fit can turn their passion into a profession. Online promotion and advertisements help such people easily reach out to prospective clients. People see the results and then approach training through online classes. One can teach various fitness training methods such as Zumba, Yoga, Cardio sessions, callisthenics, dance cardio workouts, toning workouts, etc. Nutritionists and Dietitian's also earn well by sharing healthy food routines online.

4. Home-based food startup

Home-based food startups are in great demand in large cities. People who love cooking or have pursued a hotel management course can easily open up a food joint at their places. If there is a lack of space, one can offer takeaways or provide a delivery facility. Another easy method is to register the business with food delivery startups. Many people in the corporate sector who do not have time to cook or who do not know how to cook get food delivered to their home. It is something that will always have a client base. One slowly makes recognition in the market by providing high-quality services.

Businessman hands holding silver platter cloche with yellow light bulb against red background

5. Home Parlour

Graduates who have pursued Fashion Engineering and have a lot of free space at their home can convert it into a parlour. One can hire skilled people and start a business of their own. It can also be an individual effort if there is a problem with space. Quality services lead to an increase in the number of customers.

6. Online stores

Scrolling through the Instagram feed, one comes across many pages that offer shoes, clothing items, jewellery, watches, etc., at affordable prices. It can be a great idea to start a business that does not need any formal education. One can buy unique things offline and then sell them. Those who have pursued Fashion Technology can easily design clothing items and advertise them online. A better idea would be hiring web developers and then making a website dedicated to advertising and promoting your products.

7. Organic fruits and vegetables

Many individuals out there have a passion for growing fruits and vegetables. What's better than turning it into a profession? Many people love growing strawberries, oranges, grapes, etc., at their home. Others grow and sell veggies such as cabbage, radish, carrots or exotic ones such as broccoli, asparagus, red cabbage, bell peppers, etc. This business is highly profitable and in great demand among health-conscious people. One can also register for online shops that will help in reaching out to a larger market.

8. Handicrafts

Many individuals are good at fashion designing. If you are pursuing this career to get a degree in this field, this business is for you. Handicrafts include the making of earrings, necklaces, handbags, embroidery, knitting, pottery, etc. There are endless demands for handicrafts for decoration purposes, be it online or offline. Individuals who have a keen sense of artistry excel in this field. They decorate glasses, bottles, dishes, mugs, etc.

9. Printing

The printing business only requires an individual to invest in printers. All types of printing, like T-shirt printing, mug printing, posters, banners, etc., can be done. They can also personalise their products as per the client's requirements. These are in great demand on birthdays and anniversaries. It is a very profitable business to start.  

a man is working on computer and display showing freelance text over a wooden table

10. Freelancing

Freelancing in simple terms means 'Be your boss'. It may include working as a content creator, content writer, web designer, etc. Freelancers can get highly paid depending on the quality and the number of assignments they handle at a time. The main job of freelancers is to provide content. People on the internet are always on the lookout for interesting content. There are various types of content creators working in different areas of interest. These areas may be blogging, vlogging, making meme pages on Facebook or Instagram, uploading videos on Youtube, etc. Although this might look like an interesting choice, it might take some time before establishing a name in this field. One can freelance in the content writing field and earn a lot. Form a small group of people who can do this job and deliver results to the client companies. The need for web designers is very high, especially among business owners who advertise their product online. An equal demand rises for web and app developers. Every great business needs a website to promote itself. If it offers its services online, apps can also come to the rescue. Those people who excel in website and application development can offer their services to business clients.

Conclusion

A business is a startup in which one is very passionate. The main goal is not earning money but keeping clients happy and content in the process. It does not matter where one comes from or what one does. If they have the necessary skills and determination, they will excel in any sector. Students can do part-time home-based business and earn straight away. It will help them with their expenses and provide them with a sense of independence. A happy customer will add to the profit in the long run.

Also read:

1) Online Business Ideas You Can Start Quickly
2) What online business can I do to make money? Here are the top-6 ideas for you.
3) Where Do the Best Business Ideas Come From?
4) Best Home Business Ideas in 2020

5) OkCredit: All you need to know about OkCredit & how it works.

FAQs

Q. What is a good small business idea for students?

Ans. Students can start a home-based business startup and start earning from an early age.

Q. Why is a home bakery so much in demand?

Ans. Be it birthday parties or anniversaries we cannot do without a cake. Homemade slices of bread are also highly sought after. This kind of business flourishes because of the love for delicious cakes, muffins, pastries and cookies.

Q. What is the word of mouth marketing?

Ans. As the name suggests, word of mouth marketing is expanding a business through serving people. These people spread the word among others, and thus, the reach of the business expands. This is why all businesses want their customers/clients to be happy and satisfied with their services.

Q. What is freelancing?

Ans. Freelancing is the process where self-employed people provide services to business clients or other individuals. It may include content writing, content creation, web and app development, web designing, etc.

Q. What are the types of handicraft that are made?

Ans. Handicrafts include the making of earrings, necklaces, handbags, embroidery, knitting, pottery, etc. It can also involve the decoration of glasses, bottles, dishes, mugs, etc.