6 Micro Business Ideas for Busy Students – FinSMEs

business

There’s nothing more important for a student than academic success. But unfortunately, bills don’t pay themselves. Thus, finding the means to provide for a living is usually a never-ending quest. 

Of course, you can find a job and earn some money. However, chances are that in this case, there will scarcely be any time left for your studies, even if it’s only a part-time job. 

It’s not like there are no ways to solve that problem, too. Busy students who don’t have time to write essays know they can always hire professional essay writers from EssayWritingService and get help. But with a demanding job, even that might not be enough. 

So, is there a way to secure an income while not fully neglecting your studies at the same time? Sure! For example, you can work flexible hours at a fast-food cafe. But we have a better idea: start your own business. A micro business.

What Is Micro Business? 

In case you’re not sure what a micro business is: it’s the smallest of all small businesses. Speaking in numbers, micro businesses usually answer the following criteria: 

  • have fewer than 10 employees (usually 1-5); 
  • require less than $50,000 of investments;
  • earn less than $250,000 a year. 

Of course, numbers may vary. But the core idea is that you can start a micro business with as few employees as possible – or without any employees at all, except yourself – and with as little money as you can spare.    

It’s also much easier to start a business nowadays. Even if you’re a busy student with only one laptop and your skills at your disposal, you now have all the advantages that modern technology startups and online marketplaces offer.  

Are you convinced yet? Read on to find out some of our best micro business suggestions for busy students.   

6 Micro Business Ideas

From freelance writing to house cleaning, here’s what you can try – even if you’re terribly busy and don’t have lots of money to spend. 

Freelancing   

If you have any talent or expertise you can monetize, working as a freelancer can be the best option, as well as the easiest one. Nowadays, freelancers are considered to be individual entrepreneurs, so this type of activity naturally falls into the micro business category.    

As to what exactly you can do, it mainly depends on your aptitude and skills. Many students work in such fields as:

  • writing, editing, and proofreading;
  • web and graphic design;
  • coding;
  • social media marketing.

For example, writing services remain a staple among student businesses. To get a clearer idea of what such a company should be like, check writing services reviews. Essay reviews by NoCramming can be a great source of such information. Moreover, they can also help you choose a service for yourself in case you need one.      

Tutoring 

While it may be true that the tutoring business is largely occupied by professional teachers, there’s plenty of room left for college and university students, too. 

In fact, some pupils and their parents would prefer a talented student to a teacher as the former often gets on better with kids. Besides, students typically charge less, which is also an advantage – provided they are qualified for the job. 

Selling and Reselling Products 

For those whose talents lie in craftsmanship, selling self-made products is the best option. Whatever you can produce, be it clothes, jewelry, soap, candles, cakes, or anything else, can nowadays be sold via online marketplaces and social media. 

If you don’t produce anything but are still good at selling, try reselling products made by others on Amazon, eBay, and other similar marketplaces. Yet, make sure you’ve read all the rules and regulations beforehand.   

Organizing Events 

Event business is one of the riskiest ones, but it’s also one of the most dynamic. Surprisingly, it’s also perfectly suitable for students. In fact, many event agencies started out when their owners were still in college. 

While organizing big events is impossible without big budgets, operating on a college-level scale is almost risk-free because you can have all the college infrastructure at hand. It’s also easy to find your audience through student clubs and organizations. 

Blogging 

Although blogging is typically considered a hobby, some bloggers manage to make it big and get revenue selling ads. Of course, it doesn’t normally happen overnight, but if you are creative and entertaining, you can try to monetize your talents and become an influencer. 

However, don’t expect easy money here: professional blogging is hard work. Whether you’re a writer, a YouTuber, or a TikToker, you need to have lots of various skills – or a whole team of professionals to help you produce your content. 

Sound and Video Production 

Those bloggers who are ready to outsource some tasks often try to find the most affordable offers on the market. And here’s exactly where you can fit in if you start a production business offering sound and video recording and editing. 

Surely, you won’t be able to compete with big production companies that own loads of expensive equipment. Nevertheless, yours can be a profitable business, too – provided you have the necessary technical skills and minimum gear and know how to promote yourself.    

Wrapping Up 

Hopefully, you’ve managed to choose something to your taste from the suggestions listed above. If that is not the case, but you’re convinced that entrepreneurship is your thing, you can come up with your own ideas. Don’t limit your imagination to something already popular. Who knows, maybe you’ll be able to find a new micro business niche!