2 Lakh Rupees Investment Business in Pakistan can be both rewarding and extremely risky, depending on your industry and the economy at large. Here are ten of the best business ideas to consider when looking to start your own business in Pakistan.
2 Lakh Rupees Investment Business in Pakistan
You should also think about how much money you’re willing to invest in your new business, as this will play an important role in deciding which of these ideas may be right for you.
1) Online Business
Starting your own online business allows you to work from anywhere with an internet connection. There are many ways to make money online, including selling products or services, and most people use a combination of these methods. While some entrepreneurs start their businesses on websites like Etsy or Amazon, others prefer marketplaces like Fiverr, which specializes in short gigs.
As with all startup ideas that require you to sell something online, selling digital products is convenient because they’re less expensive to ship than physical ones—and they’re instantly available worldwide after you upload them.
2) Product Delivery Business
A product delivery business is a good option if you want to start a business with a small investment. In addition, it is relatively easy to manage and requires little startup capital as compared to other businesses. Moreover, delivery businesses are profitable and many people like them because of their convenience.
If you want to start such a business, here are some tips for you
- Find out what kind of products or services your customers need:
- Decide how much money you can invest in starting up your business:
- Choose a location for your business.
- Get all necessary licenses and permits from government agencies:
- Hire employees or find out ways to do everything yourself:
- Buy supplies or order from suppliers.
- Start advertising your services or products and attract customers:
- Keep track of income and expenses related to your delivery service so that you can stay on budget:
- Decide whether to hire an accountant or not based on your needs at that time (many accountants offer bookkeeping services).
3) Home-based Bakery Shop
Set up a bakery business from home by providing amazing pastries and mouth-watering sweets to your neighbors. Bake mouth-watering cakes, pies, cookies, and cupcakes. Use utensils like mixers, ovens, and even special ingredients to provide amazing treats that people will love. You can decorate everything with icing and make it look beautiful too. Try to grow your store as much as you can by acquiring new customers through social media or word-of-mouth marketing.
This is a great way to earn money for a small start-up business that doesn’t require much capital. To succeed, use Facebook, Twitter, and Instagram to market your products and get more customers. Sell your product at an affordable price but try not to reduce its quality so that you can maintain customer loyalty. Increase your sales by serving them with excellent customer service and maintaining their satisfaction at all times.
For most of us, our work has become something we have to do instead of something we want to do! When was the last time we were excited about what we did? Is there a job out there where one feels genuinely happy when they wake up in the morning knowing they have work today? I would say NO! Most jobs today are dead-end jobs; jobs that don’t give any growth opportunity whatsoever! If you are looking for such opportunities then please read on!
4) eBay/Amazon Selling Site
Setting up an online storefront is very cheap and easy, especially for online items. To start an eBay/Amazon business, you’ll need to do some research on what products sell well on these platforms and how you can differentiate yourself.
Make sure you read our post: How to Start a Profitable Online Store in 2018. If you want to go big, dropshipping may be your best option (but it has its own drawbacks). Check out our full guide here: How to Start a Profitable Dropshipping Business in 2018.
5) Buy and Sell Used Products
If you have a knack for selling things online then arbitrage could be a great way to make money. Arbitrage is the process of buying and then re-selling products for a profit. There are a lot of different ways to implement arbitrage in your business. You can read our guide on how to use Amazon FBA to start an arbitrage business.
The guide will teach you how to find profitable products, sell them on Amazon, and ship them at minimal cost to you. It’s a great way to get your feet wet in e-commerce by learning from someone who is making money doing it.
6) Taxi Service Provider
Transport services are needed for every individual to transport from one place to another. This is why taxi services are a very profitable business in Pakistan. There are many companies which provide you with taxi service with different packages according to your requirements.
For example, You can hire a taxi for two persons or more depending on your requirement and also you can hire a private car for any special occasions like marriage ceremony, birthday parties, meetings, corporate meetings, etc. The above-mentioned point illustrates how lucrative the business is for taxi service providers in Pakistan nowadays because people always prefer private cars over public transport due to security issues and peace of mind factors.
7) Event Organizer
Create a product-centered around an event (i.e. baby shower, wedding, holiday party) and sell it at that event. If you can’t organize a real event, open up a shop on Etsy or eBay and list your products there. The possibilities here are virtually endless.
There are so many different types of events that you could cater to with a tangible good – from exclusive workout classes to specialized sushi rolling parties! The most important thing is to think about what makes your product special, and then brainstorm ways that you can package it for selling at an event. You don’t want to be just another vendor!
You might also consider making yourself available as a consultant if people enjoy your product enough. You’ll get more money per item if you make something completely custom, but that’s not always necessary. Maybe all someone needs are some basic instruction on how to do something they’ve never done before, like learn how to set up their home office or create their own wedding registry.
I know plenty of consultants who offer simple services like these because they’re experts in those areas and would be happy just doing one-on-one consulting work rather than producing more complicated products all day long. Consulting might not seem as fun as creating a new recipe or planning out a big event, but I guarantee it’s much easier than getting through graduate school!
8) Repairing Things at Home
The average person spends over 2,000 hours at home each year. During that time, there’s a pretty good chance something will break or stop working properly. A general rule of thumb is if you can fix it yourself, you should save money and do it yourself. However, it also doesn’t make sense to be completely anti-technology when it comes to your home.
If you can combine do-it-yourself with newer technology and cutting-edge trends while saving money at the same time, then why not? Everyone is busy these days and oftentimes simple technology like connected devices are enough to help alleviate some of that daily stress. It saves time and money…what else could you want? This post will walk you through how to repair common things around your house using new technologies as well as some tips on how to get started repairing things on your own.
9) Become a Tutor
Tutoring is a viable, smart way to make extra money at your own convenience. And, yes, you can use it as a way to build up clients who will hire you for other work later on (we’ll cover that). But at its core, tutoring is about getting more money by doing something you love—and getting paid by people who love having what you do.
Ideally, if you can start working with good people at a young age and do good work for them throughout your entire educational career, your Rolodex will expand more than if you start off working for random people who are already out of school and have far less time and emotional investment in them. Be smart about it!
10) Tour Guide Services for Travellers
As travel becomes easier and more accessible, many people who have never ventured outside their home countries are now crossing borders to explore different cultures. This means that tourism around the world is exploding; with it comes a growing need for tour guides.
Unlike some other entrepreneurial ventures, starting a tour-guide business can be done without a huge amount of start-up capital; you’ll simply need to take and pass an exam in your local area (your city or region) before you start working! The fastest way to do so is usually via an online course or an intensive training class with a certification component. You can also check out our guide on How to Become a Tour Guide.
Also Read: Top 5 Lac Investment Business in Pakistan
Before investing, you must study a lot. There are many ways to earn money through investment business. Some people try their luck with real estate but there are so many other ways to make a profit out of our investment. It’s all about your strategy and decision-making skills.
No one will hand over millions of rupees for free, so always be prepared for good opportunities and don’t ever give up until you succeed no matter how hard it is. Good luck! Let us know what you think in the comments below.