Category — Business Ideas

Some time ago, I thought of selling the car. It is precisely because of what I thought would happen to the financial system worldwide. What I thought would happen, did but I did take into consideration that the Feds would do something about it.

I’m no market analyst but I was watching markets around the world. The downtrend all around raise flag in my head. Anyway, looking at the way things are going, this is a period of uncertainty still. Many investors are wary of how big a rescue plan need to be to make sure the market’s don’t implode.

Fast forward to today, oil prices drop a little and everyone who drives is looking forward to a drop in gas prices. I have to admit, I’m one of those, optimistic that gas prices will go back to something more normal.

Then, I stumbled on this this article in CNN Money.

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I was just travelling about in my daily business activities, meeting clients etc and I noticed this recently. Around universities and colleges, business is brisk. Not all type but most. This is off course due to the high student population. Students nowadays have fairly high disposable income.

So, if you are providing computers peripherals and computer repairs, that’s a good business to be in. Besides that, food related business! People need to eat. Students even more. In between class, many hang out at cafe’s to chat, to study, to socialize etc.

Next, florist. This is the age when romance abounds. Nothing like a smitten guy to spend loads of cash to woo his potential partner. Besides new romances, Valentines Day will be a windfall for such a florist. What about birthdays, and prom night? All these will generate regular income as well as windfalls.

Car repairs and modification. Many students have cars today. They need servicing. Besides servicing, there is one industrial area which modifies cars. And …. yep … you can see students modifiying their cars. From the lowly Protons and get this, all the way up to Mitsubishi Evolutions and WRXs. Talk about having rich parents.

Now, make sure your business is in private colleges. This is where the kids with cash goes to. Nearer public universities, most likely the students are not that well off. Even then, rental properties, stationary and photocopying services are businesses you can consider.

Last, not forgeting mobiles phones and prepaid reloads. There you have it. Several ideas for you to make extra income.

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