There are almost 3 million SMEs in Pakistan. 1 Small and medium-sized businesses (SMEs) account for roughly 30% of the country’s GDP. However, these SMEs suffer a variety of difficulties. They have difficulty obtaining bank loans, resolving commercial conflicts, and dealing with tax concerns.
Despite, these challenges here I will share amazing ideas for business in Pakistan. How to earn high profits with low investment and the best business or women in Pakistan?
Read this blog till the end to know low Investment Business Opportunities and the safest business for startups in Pakistan. Let’s get started.
Which Business is Best in Pakistan 2021
Furthermore, with the passage of time and technology business trends also developing. If we talk about globally, IT business is best to start up.
Digital marketing, freelancing, games, apps, and providing IT services are the best businesses to start-up in Pakistan in 2021. The best thing is, it is an online business. You do not need much investment to startup it.
For example, all groceries store and clothing brands are developing apps and websites to do online business. Provide your services to these local and international brands and organizations by making them digital.
Which Business is Best in Pakistan for Women
In addition, women can contribute to the development of the economy more than men. women can earn money while staying at home. Here are the amazing business ideas for women to do in Pakistan and globally as well.
Wedding Dress Rental Business: Renting out wedding dresses is a very profitable business as per trend now. At Pakistani weddings, it’s a fashion to wear expensive and same dresses. To cut down the cost buy wedding dresses from the wholesale market and rent them out at a good price.
Home-Based food or Cookies: If you enjoy cooking and frequently receive praise for it, you can make money from it. So, the next time a close friend asks you to make anything for them? tell them you’ve started charging. Create a Facebook page and invest in a good phone with a good camera. post pictures of food and get orders. get register on apps like Foodpanda to grab customers.
Home Daycare Center: Daycare center is all about caring for other working women’s children at your home. for this, you must know about first aid and basic tricks to handle kids. It needs no investment as it is all parents’ responsibility to provide food and toys as per their wishes. All you need to be good in kids handling for a specific period of time.
Fitness Trainer: Fitness trainer at home or join a gym to sell your services. If you know about how to be fit and how to use exercise equipment then start teaching to others and earn money.
Be a Dietician: there is no rocket science for being a dietician, if by luck you have a degree in it it’s good enough to earn money. For this, you need to build a clinic, make a Facebook page to sell you advice.
Safest Business to Start
the safest business is which has the lowest chance of failure and minimal rate o loss. here I’m going to share the 3 safest businesses to start:
1- Online Course Business: Are you a qualified personal trainer who wants to work from home? Are you a math genius? Maybe you are good at the English language? A good painter, an artist, or an IT expert, find your niche and start teaching your skill to others through online courses. ask them to enroll and pay in advance, start moring and evening sessions so you can grab students as much as possible.
2- Dropshipping: In dropshipping, you do not need to stock the items, once you get the order just pick the item from a third party and sell it to your customer. Do that business online there are a lot of websites offering this opportunity. Dropshipping business is the safest business because in that case, you do not block your money.
3- Virtual Assistant: Virtual assistance is one who sells his or her services online. Services like account management, dropshipping graphic designing, video editing as much more. Virtual assistance is also an example of the safest business as there is no need to invest money. All you need is a laptop and internet connection to do this business from your room.
Low Investment Business Opportunities
as mentioned above, let’s talk about low investment business opportunities. the ideas I’m going to share here are applicable in Pakistan and all around the world.
1- Content Writing: All you’ll need is a laptop with internet connectivity or a pen and paper to get started. It is a business that requires no investment. Content writing can be done either part-time or full-time. In this type of firm, progress is slow but steady and it pays off in the long term. if you do not have a laptop then you need a small investment. Get cheap and used laptops from OLX or from the local market.
2- Social Media/ Online Marketing: online marketing does not require a good skill, you must be aware of how to use social media to promote any brand or business. it just like social media advertisement, you need to prove your creativity to your clients. for this, again you need a laptop and internet connection. Invest in an internet connection if you have a laptop.
3- Renting Your Home: If you have a spare portion in your home or a room, rent it out. renting a spare home is a low investment business. You do not need to provide furniture, kitchen items, and other household items. You only have to provide a place to live in.
4- Renting Vehicles To Careem And Uber: building a low investment side business can generate extra money for your expenditure. if you have a spare bike or a car, let anyone rent it out on Careem or Uber. if you have spare time do it by yourself to earn money. your spare vehicle can earn money for you.
5- Youtubing: Youtubing means making vlogs. invest in a good quality camera, if your smartphone camera result is good then no need to buy another one. Making videos o your daily routine or some specific topic is all about your creativity and audience demand.