12 Lucrative Small Business Ideas for students in CameroonPHCS
If you’re a student in Cameroon and really want to start making your own money but think that finding a lucrative job is totally impossible for a student, you’re wrong.
Some student’s allowances are higher than others, but no matter how high or low each student’s pocket capacity is, knowing how right to spend what you have is crucial to your financial sanity in a semester.
Starting the right small business idea in a college or university is vital for students who have a little extra and would like to spin out some income from it. If you think too hard about what business to start at a university or not to start at, this article will lead you through some successful small business bets.
Here are 12 Lucrative Small Business Ideas for Students in Cameroon
#1 Start a tutoring service
Tutorials are now one of the most lucrative small businesses any brilliant student can start while still at the university. In your department, you can arrange tutorial classes for students in lower classes.
Besides using the university campus for running tutorials, some students will prefer having extra one-on-one private home training.
Still, tutorials could be extended online using social media platforms such as WhatsApp and Zooms video lessons.
#2. Editing and Proofreading
Editing and Proofreading is now a major lucrative small business for individuals and students worldwide. Most students have to need to type their assignments, reports, projects, and thesis. If you have a personal computer, and good English language skills, you can start up this lucrative small business from home.
The best way to earn faster and long-term is to partner with documentation businesses (printing houses) around town.
With a computer at hand and an internet connection, you can edit and proofread assignments, reports, projects, and thesis for university students for a given price. Install proofreading software such as Grammarly or download their extension and attached it to your computer for checking of good grammar and spelling errors.
#3. Provide Writing Services such as CV Design and Job application letters
People are looking for jobs and therefore need to put together a resume. Many do not know how to go about this writing venture. Start a side hustle by offering to rewrite resumes for individuals.
CV writing and motivational letter writing is now a lucrative small business you can start from home with just a laptop.
Essay writing is a must-do course for all university students around the globe. Most universities in Cameroon and Africa as a whole fail to quality training to students on research methodology.
Seize this opportunity if you have great writing skills and start a lucrative small business in this venture. Provide assistance to students ranging from HND, BSC, MSC to Ph.D. on their research work such as report writing, proposal writing, long essay writing, thesis writing, and dissertation writing assistant.
#5. Start a Dropshipping Business
Drop-shipping is a booming and lucrative small business now which will continue to see success in the near future.
To start this business, you will need a personal computer or a good android phone and internet access. You will need to have as many contacts as you can on your mobile device and also be an active member on social media platforms such as WhatsApp Groups and Facebook where you will be required to market your products.
You can further go-ahead to create a Facebook page and display your products or services there.
#6 Become a Real estate agent
This never goes out of fashion and is always in demand. You help people find a house to live in and you get paid. You probably know a lot of people who do this.
Reliability and access to genuine information should be your watchword if you are to succeed in this business. You will need a business card which you can always get for less than 4k. Word of mouth does the rest.
There are two ways to operate as a real estate agent. The first method is to meet house owners (landlords and landladies) and collect their contact and information regarding the prices of their home (single room, studio or apartment). Negotiate with the house owner on how much commission you get on each client you bring to them for the rental services.
Most individuals often make this bargain at 5-10% of the total value of the property. For example, if a hostel costs 250.000FRS, you get 10% (25.000FRS) as commission for every client you bring to the house owner for rentals.
The second method involves direct charging clients an amount for searching or providing them easy access to get a rental property. You could charge clients base on the type of property. For example, if you successfully get them a single room you can charge them 10.000frs, a studio you could charge 15.000FRS AND for an apartment, you could charge 20.000FRS. This is common with platforms such as Julihomes and Digitalrental.
#7 Offer Cleaning Services
Cleaning service has become a major lucrative small business in most larger cities such as Buea, Douala, and Yaoundé.
In the long run, you could create a website or blog and extend your services to include cleaning for events such as weddings, funerals,s and birthdays. You could also further clean offices for companies and big businesses around town and get paid.
#8. Manicure and Pedicure Services
Looking good is the dream of every woman in town, thus manicure and pedicure are now lucrative small businesses you can start with little or no capital at hand.
#9. Hairdresser business
You can promote yourself on social media, such as Facebook and Instagram, and WhatsApp which will generate more clients. Post the best examples of your work, and you are guaranteed to gain people’s interest in your skills.
Hairdressing is just a lucrative small business any girl with a passion for hair can start.
#10. Start a Graphic Design Services
Graphics design is another lucrative small business for those who have the skills. There seems to be a shortage of professional graphic designers here, so very few of them are still in high demand.
Never hesitate to have a Facebook page to display your designs.
#11. Start a Website Design and Maintenance Services
Lots of businesses now have an online presence. Many high net worth individuals like politicians, chieftains of corporate organizations, and successful business people are now using online tools such as websites to promote their brands and personality. Thus website design and maintenance becomes just another small lucrative business to venture into.
#12. Start a Blog
There are very few bloggers in Cameroon and Africa as a whole and this gives a good business opportunity to jump into the blogging world with a special niche and target population.