Amazingly, Pakistan is a country where you can earn as much as 3 to 5 thousand rupees a day with a cart of French fries in any posh area. Its increasing population and more than 70 million middle-class consumers are the powerful agents that can turn innovative business ideas in Pakistan into a reality.
All you have to do is to kick off your business with a fantastic easy business idea. According to Entrepreneur, every business idea is fantastic if it fulfills the given criteria:
it solves a problem (it fulfills any need in the community)
it’s not easy to copy (means you can add something unique into it)
it appeals to your gut feeling
If you are someone who is not a big fan of a 9 to 5 job and wants to be his own boss, then keep on reading. A 9 to 5 job can be really exhausting and monotonous. And honestly speaking, most of the entry-level jobs do not pay that well. You have to work for peanuts to earn a decent living for yourself.
However, to save yourself from the hassles of a boring 9 to 5 job, you can always opt for a business venture. There are million of business ideas out there, each catering to a different customer segment.
All you have to do is to pick a business idea that does not require a kidney to start, especially when you are new in the business. Moreover, it should be sustainable and it should earn a good amount of money because that’s our primary goal. Right?
The good news is that we have come up with a list of business ideas that you can start with little or no investment. How cool is that? Try to target potential customers with these business ideas. We have mentioned the best business in Pakistan.
Real estate investment is one of the most popular investment opportunities in Pakistan.
People buy property, especially land, and leave it for some time. Over time, the price of the property increases. Residential and commercial areas are two common real estate investment options in Pakistan. Keep a track of the market prices and sell the property when the prices are at their peak. In this way, you will be able to reap maximum profits.
Real Estate is a safe investment option because you get total ownership of the property and most importantly, the land is an asset whose price usually increases. Also, the property can yield healthy returns. If you are confused between investment in stocks and real estate, we suggest you give a read to real estate vs stocks- where to invest in?.
Some of the ways by which you can invest in properties are:
If you have some money piled up in your bank then try to invest that money into commercial properties. Book shops and office spaces in malls or shopping centers and rent out space to different retail businesses. On average, you can get 5% or more returns.
In today’s world, who doesn’t want to be promoted? Due to excessive social media use, social media platforms come up to be the first options for widespread digital promotion.
Therefore, starting a small digital marketing agency is a wonderful idea.
Identify your target audience who might be using your services. Though digital media is the same for every client, its strategy varies client-wise. Therefore, it is wise to know what type of businesses you could easily promote.
You may also want to engage a partner or investor for the business. It must be clearly stated on what terms and how you are going to run this business.
Your business plan must take into account the latest trends in the digital marketing industry. Only new ideas get highlighted.
What are your goals and objectives?
How many clients at the most could you manage?
How big a human resource do you need? How competent are they, and how to retain them?
Make sure your business plan is realistic. Discuss it with those who know it.
It is a low investment business in Pakistan.
If you are promoting real estate projects there are excellent ways to do real estate project marketing through Facebook.
Content marketing (webpages, videos, reports, social media posts, proofreading, and editing, etc.)
Search Engine Optimisation (clients do want to get themselves ranked higher and higher on any search engine. You SEO skillset can help them get there)
Social Media Planning
You would agree with me that investment in the energy sector of Pakistan has become an intimidating adventure for modest investors. The oil and gas business is so volatile and monopolized that it generally discourages new investors who intend to try their luck here.
Why not shift to solar energy?
I strongly recommend investing in the solar energy sector because of two major reasons: it requires a small space and limited infrastructure, and machinery and equipment are easily available at a very reasonable budget. We have recently observed that solar energy has managed to shape itself into a small industry in KPK and Southern regions of Punjab.
Thanks to electronic and social media, we are now aware of the despicable face of traditional agriculture that uses unconventional and hazardous methods to increase production.
Over the past few years, we have seen a radical shift in organic agriculture. A report says that almost 33% of the farmers have already adapted to organic agriculture across the country.
It is high time to finance the industry by importing high-quality seed, inducting technology to the sector and maintaining standard cultivation practices. You could either own the business or finance the cultivators.
Traditional retail businesses are now converting into e-commerce sites. The convenience, low inventory costs, and broad scope make it an excellent business option.
You can target lots of potential customers by sitting at home. All you need is a website, a good marketing strategy and an exceptional product/service. People are selling millions of products and services through their e-commerce sites. Some of the examples are: apparel, shoes, jewelry, books, electronics and the list continues.
People are earning monthly revenue of around $150,000 by selling things online. If you cannot afford a website at the moment, try using Instagram and Facebook to sell things online.
Food trucks are the talk of the town. You can start your food truck with an initial investment of $10,000. Keep the menu simple and hygienic. The location should be excellent because it will increase your sales and customer base.
People love to eat, relax and enjoy a calm place. Yummy food and great ambience will help you earn a good amount of money in a short duration of time. You can earn around $5000 to $20000 easily in a month. It is one of the new businesses in pakistan.
For instance, if you want to verify your driving license by sitting at home, read how to apply for driving license in Pakistan.
Another business idea that is becoming extremely popular among the masses is mushroom farming. With little money and equipment, you can earn a good return every month. All you need is a spare piece of land, training about mushroom farming and some basic supplies.
People grow and sell mushrooms to hotel chains, eateries, and residential areas. You can also sell them in weekly farmer’s markets.
If you have a spare piece of land, then start your mushroom farming today. One kilo of mushrooms are usually sold at around Rs.1500 to Rs.1700 and mushroom takes around 35 days to grow. This means you can earn more than Rs.50,000 with mushroom farming in Pakistan.
With the start of the CPEC, many foreigners are also coming to Pakistan. For these foreigners, mushrooms are considered a staple. This means the scope of mushroom farming as the top business in Pakistan will increase in the future.
If you are a student or a housewife who wants to start their own business with low capital, consider mushroom farming today.
Invest in Startups
Another great way to invest in a growing economy like Pakistan’s is startups.
A startup is “An entrepreneurial venture in its early stages of operations typically aimed at resolving a real-life issue with an innovative product or service. These ventures are typically small in nature, new, and funded by either to founding entrepreneur or a group of investors who believe in the founder or company concept.”
There are many startups in the pipeline in Pakistan. If you have extra cash on you, you can invest it in different startups. The startup will use the seed money to establish their business and in return, they will give you good returns. It is one of the best entrepreneur ideas.
You can check out different incubation centers in your area to know more about startups and how to invest in them.
If you are an organized person who loves throwing parties at a budget, buckle up and get ready for your event management business. If you are a pro at decoration, catering, and managing things under pressure, you can become a successful event planner.
You can even specialize in events. For instance, you can arrange bridal showers only or you can arrange birthday parties.
Create a database of suppliers and distributors, decide plans and packages that you can offer to clients, set budgets, create a portfolio and you are good to go.
A final word
Pakistan abounds with the best business ideas and investment opportunities in every sector – accessible both by low and high-income groups or individuals. This was a comprehensive and informative blog post about business ideas with little investment. You can easily start a business of your own if you invest in proper research and have a good marketing strategy. Small trading business is also gaining popularity.
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