Business Ideas In Pakistan: Starting a business in a country as big and diverse as Pakistan can be challenging. Given that more than 99% of businesses fail within the first year, choosing what to do is critical. The fact is many people think they have great business ideas.
Business Ideas In Pakistan
But most of them don’t even come close to earning money—often due to improper planning or not thinking through their end game. This doesn’t mean you shouldn’t follow your passion and try something out of your comfort zone.
It just means that some business ideas might not be feasible in Pakistan (for example, dropping off puppies at senior homes). It also means you need to educate yourself about business in order to give yourself a better chance of succeeding. Here are 10 popular businesses that are doing well in Pakistan.
Import and Export
The Import and Export business is a great opportunity for entrepreneurs from almost every profession. If you have knowledge of how to import and export products, you can use that expertise to start a new business that will attract both domestic and international customers.
There are many aspects of an import/export business that make it a good choice for entrepreneurs, such as: Foreign-language skills may be beneficial. The need for capital is minimal; however, there is generally some money required up front in order to begin shipping merchandise between countries. Exporting products tends to be less expensive than importing them since costs like duties and tariffs can add significantly to your expenses.
You can also sell items that you already own on eBay or Craigslist to raise cash for starting your business. You’ll also want to consider whether or not you’re interested in buying wholesale or retail items and reselling them at a profit.
It’s important to note that while exporting items is often more profitable than importing goods, exporting requires more work on your part because you’ll likely have to travel abroad several times throughout the year. This means spending time away from home and family, which could take its toll over time if not managed well. However, when done right, an import/export business has unlimited potential!
One of the most successful business ideas in Pakistan today is wholesale. There are so many kinds of stores that can be run as wholesalers and many new businesses come up every year in that niche.
It can be difficult to open up a wholesale store in your area but if you manage to do it, then it will definitely bring you profits. You can find local suppliers who have an online portal and that way you can even sell products which are not available near your area without having any trouble at all.
For example, if you want to sell beauty and cosmetic products then try contacting some beauty products wholesalers from Karachi or Lahore directly rather than trying to find them on local market where there might be less variety for your target audience.
Juice Bar Business
The idea of a juice bar business is one of those ideas that you wonder why it never occurred to you before. It’s like, who doesn’t love juice? Juice bars are all over Asia (even Pakistan!) and they’re popping up everywhere in America. Fresh, healthy juices are a great way to start your day or reward yourself after a hard workout or long day at work.
And they make an awesome snack – even if you aren’t trying to lose weight! If you have always wanted to own your own business and now have some extra time on your hands, running a juice bar might be for you. But don’t go into it with dreams of cashing out quick! Most people who run their own businesses will tell you it takes years to get anywhere near breaking even.
Still, if you have a passion for health and nutrition and want to open something that makes money without having employees, owning your own juice bar may be just what you’ve been looking for. A tip: You can either find a franchise location or try opening one from scratch.
Buying into a franchise can cost as much as $50k+ but gives you access to training and support from someone who has already figured out how to run their store successfully. Opening from scratch is less expensive but also more risky because there’s no guarantee people will come back when they try your store – especially since there’s no brand recognition behind it yet!
Mobile Phone Recharge Shop
Mobile phones have become one of the most important aspects of our lives and with a large number of users across Pakistan, you can set up your own mobile phone recharge shop. Since people need to recharge their mobile phones regularly, setting up a business in which you will offer these services is a great option. You can either sell prepaid cards or top-up services or both depending on what people in your area prefer.
Either way, it’s likely that if you’re located in an area where there are lots of cell towers and plenty of cellular traffic that your business idea will be successful. With low startup costs and high profits to be made, starting a mobile phone recharge shop is a fantastic business idea for those looking for something unique.
Outdoor Advertising Agency
With big brands and small businesses realizing that outdoor advertising is one of the most effective ways to promote their products, it’s time for you to get in on some of that business. Whether you decide to start a small outdoor advertising agency or make outdoor advertising your specialty at an existing firm, you can expect demand for these services to grow quickly.
According to industry insiders, even more than 50% of local businesses still don’t know what impact—or even how much value—outdoor advertising adds. As consumers become more familiar with billboards, yard signs and other out-of-home media, more brands will look for agencies that specialize in their placement. And as people grow accustomed to such ads, many marketers will turn increasingly toward interactive tactics like QR codes and location-based offers. That’s where you come in.
You’ll be able to help clients maximize their return on investment by recommending creative placements, effective ad sizes and other factors that influence consumer response. Plus, if you’re already working at an ad agency or marketing company, there are plenty of opportunities to add new revenue streams by offering outdoor advertising services alongside traditional offerings like TV commercials and print ads.
If not, consider starting your own business from home; it may seem difficult because you’ll need permits from various municipalities before you can do any work (and getting those permits can take months), but once everything is up and running, all you’ll need is a computer and Internet connection.
Interior Designing Company
Interior designing is one of best business ideas in Pakistan. Interior designers are in great demand these days, especially for villas and offices. Most people want their rooms to be stylish, comfortable and attractive. They want them to look good with matching colors, furniture and many other things that fall under interior designing.
There are lots of interior designing companies working in Lahore & Islamabad as well as all over Pakistan which provide services like interior decorating, decoration maintenance etc. You can set up your own interior design company or you can also get associated with any company providing these services.
Online Fashion Boutique: If you have a flair for fashion and love creating beautiful outfits then online fashion boutique is one of best business ideas in Pakistan. With increasing number of internet users, there has been a drastic increase in online shopping too. People love buying clothes online because it’s convenient, easy and they don’t have to spend time going from shop to shop looking for what they need.
Wedding Planning Service
Weddings are an industry worth over $50 billion in global revenue, which means there’s plenty of opportunity for savvy entrepreneurs. If you have experience in planning parties or other special events, a wedding-planning service might be just what you need to start making big bucks—or big I dos. If you’re not ready to work full-time, keep a lookout for one-off projects like planning a friend’s nuptials or building up your portfolio with small gigs.
Check out sites like The Knot and WeddingWire to find occasional gigs and build up your clientele while keeping your schedule open for regular full-time jobs. Idea 8 – Mobile App Development: Mobile apps are hot right now, so if you’ve got some programming chops, why not use them to get rich?
With apps being developed on platforms like Android and iOS, it’s never been easier to make money off mobile apps. Even better: You can develop mobile apps without any programming knowledge whatsoever! There are tons of app development platforms that allow business owners and amateurs alike to create their own software programs through templates provided by developers.
Dry Cleaning Store
A dry cleaning store can be started on a small scale with a leased premise and little cash, but there is no bigger competitor in your way to success. Be aware that you will need to pass an examination and get a permit from your local Health Department to run your own business. A dry cleaning shop for men or women will require as many as 8-10 employees to handle customers and clean garments, as well as two or three full-time cleaners to manage deliveries of laundry from homes and hotels.
Some possible rental costs include $400/month for a 2,000 square foot location, $600/month for 3,000 square feet or $800/month for 4,000 square feet. Make sure to factor in utilities, delivery charges and insurance into your budget. If you are looking for a low cost startup idea, then dry cleaning might be just what you’re looking for!
Interpreting is one of those professions that are both in demand and in need of professionalization. If you speak multiple languages and are looking for a way to put your skills to use, consider starting an interpreting business. You can work for larger translation companies or as a freelancer, charging by hour or project. There’s even plenty of opportunity for growth here: there are currently around 30 registered interpreters with one particular agency—and, at least according to that agency’s website, opportunities abound.
(Note: Depending on where you live, you may also be able to work as an English interpreter.) Idea 8 – Marketing Consultant: Being a marketing consultant means helping businesses develop their brand identity and figure out how best to reach their target audience. It could mean advising a company on how best to build its social media presence or helping them develop promotional campaigns.
It’s not uncommon for marketing consultants to work with clients one-on-one, either in person or via Skype/FaceTime/etc., depending on their needs. This sort of consulting isn’t necessarily location-dependent, but it does require being able to work independently and make yourself available when needed—so it might not be right for everyone.
Being an interpreter is one of those things that anyone can do, but it has to be done right. It’s something that I always forget about, when someone comes over and they don’t speak English very well. You need someone who not only speaks a second language but actually reads it fluently as well.
Not everyone speaks English in Pakistan, so finding a good interpreter can be useful to businesses and households alike. When you are looking for interpreters, you will want to find people who have experience with their languages because there are many dialects across Pakistan. If you find yourself needing an interpreter on short notice, you may want to hire someone with knowledge of Urdu or Punjabi.
Both languages are fairly similar and relatively easy for speakers of other languages like Arabic or Chinese to pick up quickly. That makes them great for emergency situations! But if your situation doesn’t require immediate help, then you should look into hiring more experienced interpreters because they will give you better results during normal conversations too.
Also Read: Business Ideas
Starting a business is no easy task. It’s a risk that requires dedication, hard work and plenty of determination. But with enough research and planning, you can get your new venture off to a running start that doesn’t require you to do it all yourself.
From creating a solid business plan to assembling an amazing staff, these 10 business ideas offer guidance for doing just that—and they can help you learn how to start your own successful business in Pakistan.