10 Business Ideas Under 50k in Pakistan: Even if you’re just getting started, it’s never too early to start thinking about starting your own business and making money. But how do you start? These 10 business ideas under 50k are all great ways to earn money if you’re starting out on your own or looking to branch out on your own after working as an employee at another company for a while.
10 Business Ideas Under 50k in Pakistan
They’re also small enough that you can test them out without investing an exorbitant amount of money and without committing yourself to the idea long-term until you see how it works out.
1) Selling Clothes
If you’re good with a needle and thread, try selling your handmade clothing online or to local boutiques. Put a few pictures of your products up on Etsy and link to them from social media, especially Pinterest and Instagram.
You can also set up an account on Fiverr and sell things like custom bobbleheads for $5 each. For extra geek points, take 3-D photos of your crafts or creations using a service like in.
2) A Car Wash Business
Car washes are very popular across Pakistan. It’s easy to see why – they’re well-known, cheap, and convenient. However, due to their popularity, it can be hard to compete with established businesses. To stand out from your competitors and make a success of your car wash business; you need an innovative way of doing things that people love. In fact, innovation is key – especially when it comes to business ideas under 50k.
So try introducing something new like heated water and special cleaning products which will appeal to customers without breaking the bank or costing too much! This is all part of putting together a winning plan for your car wash business…but we’ve only just started!
3) Buying and Selling Old Electronics
This is one of those business ideas that everyone seems to have a personal opinion on. If you think it’s too obvious and mainstream, that’s okay. However, it really is a decent business idea if you do it right. Also, be sure to check out these ideas for small businesses under $50K. Finally, take a look at 7 simple steps to start an eCommerce store on Amazon with less than $50 dollars.
You can use any combination of these ideas and leverage your existing skills to create something unique and profitable. There are tons of opportunities so let your imagination run wild! Now, let’s move on to business tips. You may find yourself feeling clueless when it comes to brainstorming business ideas since there are plenty of options out there—but most people aren’t experts in all areas, especially starting a business.
That’s why we’ve pulled together a list of ten good businesses you can launch for under $50K just based on what you might already know—and more importantly what you enjoy doing! Again…you don’t need special training or certification—just some passion and dedication!
4) A Professional Photography Service
If you love taking pictures, a professional photography service can be a great business idea. You don’t have to be a full-time photographer—you could work with friends and family as well as businesses. Create an Instagram account and use hashtags so that potential clients find you, or set up an account on Behance and make sure to tag your photos correctly.
This is also a good way to get feedback on your work. As long as there are cameras out there, people will need them serviced; you could easily start making money on the side providing that service! Plus, working with photography gear is less physically demanding than many other types of blue-collar work.
This can be especially helpful if you’re not in tip-top shape when starting out. Once you get some steady clients, see how much money they spend per session and then decide whether it makes sense to expand. (Hint: It might.)
5) A Cake Delivery Service
People of all ages enjoy a cake and who doesn’t want to receive one? With your new business, you can deliver cakes of all kinds. Start by identifying and researching local bakeries that will sell you their leftover day-old cakes at a discounted price. Then, post on your Facebook page that you’re starting a cake delivery service and where customers can reach you to make an order.
Once you begin to build up repeat business, consider hiring an assistant or other vendors to help expand your business as needed. Be sure to post about any upcoming grand openings or special occasions like birthdays when free samples will be available for customers—this is a great way to promote your business and gain some traction with potential clients!
An additional strategy would be to scout out locations where people may pass often and place flyers in there welcoming customers to use your services. Lastly, set reasonable prices so that people are willing to purchase these cakes rather than making them themselves or purchasing them from another provider.
This business idea works best if you’re located in densely populated areas as opposed to rural areas but it’s definitely worth looking into no matter what location you live in!
6) Video Editing Services
If you’re good with video and audio editing, you could provide your services to startups, real estate agents, and wedding videographers. You can set up shop on Upwork or Fiverr and bid on jobs. The job may require that you do special effects using a green screen. If you’re new to video editing, Green Screen Wizard offers courses that teach you how to edit your videos using basic techniques in Premiere Pro or Final Cut Pro X.
GreenScreenwizard .com also provides unlimited downloads of royalty-free stock footage as well as streaming footage from Adobe Stock. When it comes to pricing, individual licenses range from $1 – $200 per project and they offer discounts based on the length of contract commitments.
Related: How to Start Your Own Online Video Editing Business 101 (of course there’s an entire book dedicated to becoming an online entrepreneur, but if you’re thinking about starting a side hustle or are looking for an easy place to start…this book is definitely worth checking out.)
Building strong relationships: People will always be our most important asset at BuzzFeed News, which means that diversity, both within our newsroom and beyond it — whether by gender identity, race/ethnicity, sexual orientation, or age — is crucial.
7) Event Management
If you love organizing social gatherings, there’s a good chance you’ll love event management. You can focus on planning small and large events and managing clients. Most event management services require minimal startup costs and have low overhead. Your profit will come from either a flat fee or a per-head pricing structure. To get started, use your network to connect with people in your industry or area who may be able to provide you with leads for clientele, then take it from there!
As your company grows and becomes more successful, you can expand into new markets – maybe start looking into special event planners. Consider franchising opportunities as well; many large companies are seeking franchise owners regularly, so if that sounds like something you’d be interested in, why not turn that dream into reality?
Survey-Taking: In case it wasn’t obvious by now (it’s not), we’re big fans of survey sites here at Personal Capital (we’re 100% independent because we believe consumers deserve unbiased advice). One reason is that they are absolutely free to join and all they do is give you cash or reward points to take surveys at home (usually while watching TV). We wouldn’t promote them if we didn’t think they were legitimate options to make extra income.
8) Packing and Moving Service
Moving is stressful, especially if you’re moving to a different city. A professional mover will help alleviate some of that stress and make sure your move goes smoothly. They can also store your items for an extended period of time so you don’t have to live out of boxes for months! If you need storage for any period, just give them a call. Whether it’s one or twenty years, they’ll take good care of your stuff.
A good business plan will cover all aspects of running a business: from market research and marketing strategies to competitive analysis and investment plans. The more thoroughly you go through these areas when planning ahead, the more likely you are to reach your goals when it comes time to execute them.
So, figure out what information (or skills) you need to know to properly address each area. Once you know what topics your plan needs to address, consult industry experts who specialize in those topics and learn everything you can from them before proceeding with your actual business plan—that way you can be certain everything covered within it is accurate, up-to-date, relevant info.
9) Online Home Décor Shop
If you’re good with woodworking or at assembling furniture, you could make a decent amount of money starting your own online furniture store. You’ll need to find free ways to advertise it and then figure out how to sell effectively on social media platforms like Instagram and Facebook.
But even if you don’t know how to use these platforms, there are plenty of resources for small business owners who want to start an e-commerce store—like Etsy—where you can sell unique goods that buyers can custom order by talking directly with sellers. And some companies will help promote your product or service on social media using Pay Per Click (PPC) marketing—for example, Facebook PPC ads–if that fits into your business model and audience.
10) Import/Export Business
If you have some cash to invest, starting an import/export business may be a great idea. You don’t need a ton of capital for your startup, but you do need a lot of ambition and hustle. Since many import/export businesses involve traveling, be sure to check into visas and other legal formalities before you commit. After all, it’s important to stay on the right side of any government agency that might stop by for an inspection!
Successful entrepreneurs often use trade shows as an avenue to meet new suppliers. Even if you have no desire to start your own business, trade shows can make for a fun day with friends. And because of their name associated with importing and exporting, trade shows are usually free or very affordable (except during major tradeshows like those at Las Vegas)!
Be sure to factor travel costs into your budget if you plan on attending one in person! But regardless of whether or not you choose a more informal expo event or attend one of these huge nationwide tradeshows, be prepared with informational pamphlets about yourself and what services (or products) you offer as well as plenty of information about who will be meeting attendees.
Also Read: Top 10 Business Ideas for Under 50000
Entrepreneurship is a tough road, one with countless pitfalls and even more opportunities. While starting a business from scratch can be difficult, to say the least, working your way up from an entry-level position can be just as challenging—and certainly no less intimidating.
Fortunately, there are ways to make your climb easier. If you’re prepared to bust your butt and look for every opportunity out there, you’ll find success will follow; so what are you waiting for? Grab that broom and start sweeping!