One of the factors to consider before setting up a business is the size of the target population, such as near campuses and colleges.
So, which are some the businesses that will boom in any university.
Eateries and Food Joints
The high population in campus means high demand for food to curb the unending appetite. You can design food joints in such a way so as to meet the demands of the varrying social classes.
Having that milk bar, 'kibanda', or 5 star hotel will translate to better sales.
Entertainment and Fun Places
The places of entertainment range from FIFA PS Video games, pool tables, swimming pools, Gyms, Music classes, etcetera. The Students love to take a break from the overwhelming classroom environment.
Cyber Cafes and Printing Services
Lecturers and students are always in need of carrying out research and printing the researched content and teaching notes. As an entrepreneur, always ensure you have top-notch internet speed to meet the high demand.
For higher sales, liase with class reps and lecturers to be sending all notes to you and sell to the students at affordable prices.
Hostels and Rental Services
For those people looking to venture into real estate, campus can be a great catch. Students and lecturers are in constant need of accomodations as they study and teach.
In order to stand out, have spacious rooms and install WiFi.
Transport and BodaBoda Services
Some of the residents near campuses live outside of the campus premises. Therefore, they'll require transport services to commute to and from school.
Transport services like taxis, BodaBoda, and bike hire will thrive in such places.
Which other business do you think will thrive in any campus? Leave us a comment below.
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