Top 10 Business Ideas Under 5 Lakhs in Pakistan: Starting your own business can be an exciting time, but it’s important to do the proper research before jumping in headfirst. To ensure you don’t end up in over your head financially.
Top 10 Business Ideas Under 5 Lakhs in Pakistan
Try starting off with one of these ten business ideas under 5 lakhs in Pakistan! These are great businesses that still have room to grow, so this could be the perfect opportunity to make some extra money on the side or even turn it into your full-time gig!
Starting your own coffee shop business
Making a coffee shop business profitable requires careful planning. Before you begin, you need to make a list of things that you will require to start your business, such as location, space, and money among others. Make sure that your equipment is safe and reliable before launching it on the market. If something goes wrong with the equipment.
There is no point in trying to save money by choosing cheap or second-hand products as they may cost more than brand new ones if they stop working properly. Start small if funds are limited; don’t try to be all things for all people because it is impossible to serve everything perfectly when starting a business. You can offer muffins but not cakes for example and add cakes later on if your customers like muffins.
Craft store business idea
If you’re looking for a relatively inexpensive business idea to get started, why not consider opening a craft store? There are all sorts of great tutorials and classes on DIY, scrapbooking, painting, and more that can inspire you to open up your own shop. One word of caution—if you plan on selling alcohol-related crafts or products, you may need to obtain a special license; click here for information on how to do so. (H/T Afzal)
Want something a little less hands-on? How about trying out online retail? While having an online storefront will likely cost quite a bit of money upfront, there are still plenty of ways to sell items without incurring large start-up costs. For example, make use of social media sites like Facebook or Instagram to reach new customers through giveaways or by offering free samples. (H/T Social Triggers)
Furniture business ideas
Starting a furniture business from scratch might seem like an expensive endeavor, but it doesn’t have to be. The beauty of starting a furniture business is that your cost of entry is fairly low; especially if you are using something you already own as an asset. You can buy up old furniture for cheap and make minor repairs or sell it for a profit on Craigslist or eBay.
Even buying used furniture at thrift stores and restoring them yourself could be a viable way to get started on a shoestring budget. If you want to start a business that makes more money, selling refurbished items online could be a good idea. If you have some extra cash lying around, consider purchasing large pieces of furniture such as dressers or couches with plans to break them down into smaller pieces and resell them individually on sites like Craigslist or Kijiji.
Clothes designing and stitching business
Everybody wants to look good and smart. In today’s world, everybody is conscious of their look. So many designers are working here with well-known brands, But if you really want to start a small clothing business you can easily do it from your home it needs some market study first because it has a high-risk factor involved but still it is one of best ways to start a business under 5 lakh.
If you have any creative talent like designing or sketching then you can start an embroidery business at home as well, You just need to make simple designs on cloth by using needles and thread. If you have enough time then why not try it out?
This is also one of the best ideas under 5 lakhs. There are so many other businesses that could be started under 5 lakhs like salon businesses, online food delivery services,s, etc. The most important thing that makes these businesses successful is hard work and dedication towards your work.
Books publishing business ideas
Yes, you can publish a book. All you need is an idea, a platform to promote it, and, most importantly, time to commit. The amount of money you make will be directly proportionate to how much time and effort you invest into it. You’ll also have to figure out which publishing path works best for your goals (smaller niche books with small distribution channels vs larger books that get published worldwide).
Because they each come with their own pros and cons. If your ultimate goal is book sales, then avoid expensive vanity publishers; self-publishing is far more cost-effective and will result in more revenue once sales kick-off—plus, it’s easy to do these days!
Home decoration and renovation ideas
People who are beginning a new career as interior designers can offer lots of value to people who need renovation services for their homes. For example, a new career as an interior designer would be perfect for someone who enjoys redesigning their own home or others’ homes. People like that could offer design consultations, remodeling, and repairs, paint touch-ups, and furniture assembly.
And they can even market those services through social media channels or local advertising campaigns. According to HomeAdvisor’s 2016 Cost vs Value Report, an estimated 70% of American homeowners either plan to invest money into or already have invested money into remodeling projects. A small percentage of these homeowners are planning to spend more than $50,000 on renovations!
Events management business ideas
Many people want to start their own business, but they often don’t know where to begin. If you have an interest in event management, you can capitalize on that and start your own business for under five lakhs. Whether it’s a company-sponsored or customer-based event, events are a huge part of society that draw large crowds and require proper planning.
If you already have experience planning events for others or if you have always been involved with organizing club meetings and other community get-togethers, starting your own business may be your next big step. You can also partner up with companies that need help planning their events or find clients who need someone to plan parties for them.
For example, if you live near colleges or universities, you could partner up with local businesses and offer discounted rates for students looking to throw parties at home instead of going out. Once you land some clients, put together a portfolio of your work so potential customers can see what kind of services you offer before hiring you. This will make it easier to find more clients in the future because they will trust your work after seeing examples from previous jobs.
Wedding planner’s business idea
Marriage is a big deal for both parties and planning it is even bigger. Let wedding planners take care of all those little details you don’t want to bother with, like finding venues and catering companies, ordering flowers, and planning menus. A wedding planner will work with both parties to make sure everything runs smoothly on your big day. Starting a business as a wedding planner can be simply because many planners specialize in just one area—from photography to decoration or transportation.
And only cater to weddings. If you want something more general, consider becoming an event planner who plans all kinds of special occasions: not just weddings but graduations, proms, and birthday parties too. Check out online job boards or local university business programs for more information about how to get started as a wedding planner.
Beauty services business ideas
Traveling is becoming more and more popular around Pakistan, for domestic as well as international destinations. There are many people who like to travel but have no one to guide them or simply don’t have time to research destinations and dates. If you have good connections with travel agents from within your area or any other part of Pakistan you can start a tour agency business by just hiring a few employees with basic knowledge about traveling.
You can also start a cheap minivan service that will help people visit different places easily and at an affordable price. This will definitely be appreciated by everyone especially students, who often find it difficult to visit their desired destination. Moreover, if you have a car and know how to drive then why not become a taxi driver? This is another great idea for small businesses under 5 lakhs in Pakistan. In fact, there are plenty of opportunities available if you want to earn money on rent too.
For example, if someone has bought something expensive and doesn’t want to carry it on his own then he can hire you (as per your availability) through online platforms such as OLX or some such sites where people post their requirements so that they get hired by others.
Tour guides/travel agents’ business idea
This can be a very rewarding business, but you need to have a love for traveling to do it. Many of these businesses involve extensive travel to exotic locations. If you don’t enjoy traveling, it’s probably not for you. However, if you like traveling and have time to spare – it can be a great opportunity for anyone who would like to meet new people from all over the world and learn about different cultures.
Here are some easy steps that can help start your own tour guiding company The first step is to find out what kind of tours you want to offer. It could be anything from family tours, adventure tours, or honeymoon tours. Once you figure out what kind of tour you want to offer then it’s time to find clients by marketing yourself online through blogs and social media accounts, etc. Make sure your website is well designed so that potential clients can get in touch with you easily.
You should also take pictures on every trip so that you can use them as an advertising tool on your website and other platforms where possible clients might see them. You should also make sure that any pictures or videos taken during trips are edited properly before being uploaded on websites or other platforms where they will be viewed by potential clients.
Also Read: Top 10 Showroom Business Under 5 Lakhs
All in all, if you’re looking for a cheap business idea and starting it up with less than Rs. 5 lakhs, one of these ideas should work out for you. Most of them are easily scalable as well and many of them have actually been started by regular people just like you and me!
If you already have an existing business but want to make some extra money. Then there is nothing better than starting another profitable side hustle. The key is to start small, gain experience and then expand your efforts once you get going.
Don’t forget that most businesses take time to grow so don’t be discouraged if your business doesn’t immediately bring in millions of rupees. Just keep working hard and building on what you do know until it eventually pays off! Good luck!