Imagine waking up at your desired time, have a scrumptious breakfast, have the flexibility and no boss to ask why you are late? Yes, that is possible only if you have been questioning business ideas. We have a list of the best business ideas in Pakistan pulled together that beginners could use as a jumping point. If you have been questioning yourself how to start a business in Pakistan, all you have to do is to be thorough and systematic.
People in Pakistan are willing to achieve optimum use of resources they can get their hands on and since COVID-19 sent the economy of the country into a tailspin, a large chunk opted to become entrepreneurs and are ready to invest in this sector thinking this can open many possibilities in the future.
Best Business Ideas in Pakistan in 2021
Following is a list of some profitable business ideas with amazing investment opportunities in Pakistan, which may prove to be the most profitable businesses in the long run.
|1. Restaurants and Cafes||Rs. 10 to 20 Lacs||Not Needed||Management|
|2. E-commerce Website||Rs. 10,000 to 15,000||Moderate||Marketing skills, technical skills|
|3. Agriculture and Farming||Rs. 20,000 to 30,000||Needed||Farming Knowledge|
|4. Real estate investment||Rs. 4 to 5 Lacs||Not Needed||Properties knowledge|
|5. Digital Marketing Services||Rs. 50,000 to 60,000||Needed||Technical skills, Marketing skills|
|6. Photography||Rs. 1 to 2 lac||Needed||Creativity, Technical skills|
|7. Event Management Business||Rs. 3 to 5 lac||Not Needed||Organization, Management skills|
|8. Software Development Company||Rs. 1 to 5 lac||Needed||Technical and Organization Management skills|
|9. Graphic Designing||Rs. 50,000 to 70,000||Needed||Technical skills|
|10. Blogging||Rs. 50,000 to 85,000||Needed||Technical skills, Writing skills|
|11. Travel Agency||Rs. 5 lac to 10 lac||No needed||Management skills, Technical skills, Marketing Skills|
|12. Import/Export Business||Rs. 5 lac to 10 lac||Needed||Documentation, Foreign trade, Technical skills, Marketing Skills|
|13. Gym & Fitness Centers||Rs. 10 lac to 20 lac||Needed||Management Skills, Technical skills, Marketing Skills, Health knowledge|
|14. Stationery||Rs. 5 lac to 10 lac||Not Needed||Management Skills, Technical skills, Marketing Skills|
|15. Hardware Stores||Rs. 10 lac to 15 lac||Not Needed||Management Skills, Technical skills, Marketing Skills|
1. Restaurants and Cafes:
Opening a restaurant could be appealing and interestingly it is seen as a top business idea in Pakistan, the reason why more people have nurtured a lifelong ambition of opening a restaurant. What you have to do is identify your target market, choose a service style and food concept, establish a business plan, create a catchy menu, decide location and layout, prepare funds, devise a strategy for rules and safety regulations, hire employees, advertise and enjoy food. This is one of the most profitable business ideas in Pakistan. You can visit the famous restaurants in Peshawar.
Estimated Investment: 10 to 20 lacs
2. E-Commerce Website:
5G is almost here in Pakistan and since the emergence of wireless mobile telecommunications technology, a major surge was seen in the e-commerce industry. This year learn how to start an e-commerce business from the scratch. The State Bank of Pakistan (SBP) claims that after COVID19, the shift to electronic payments would stimulate consumption and trade that will help the country’s economy by as much as 7%, reported The Express Tribune. First things first, decide what type of business you want to launch? Pick your niche; add products, set up shipping, regions, and payments), decide how you want to create your site? Publish your website and go live! You will need an office, a mobile number, a business email address, a person to run the website, and one to handle the calls. One of the amazing business idea to start.
Estimated Investment: Rs10,000 to 15,000
3. Agriculture and Farming:
According to Pakistan Economy Survey, the Agriculture sector has a vital role in the country’s economy by contributing 19.3 % to the Gross Domestic Product. There is a high demand for fresh food and originally grown farm products so this is seen as a top and profitable business in Pakistan. To start the journey of farming, you need to have practice farming tricks and a little bit of experience. In order to pursue that, you need land, a business plan that will generate great revenue, determine goals and objectives, seek the right form of financing, create a production and marketing plan, hire 3 to 5 employees and you’re good. This is one of the profitable business ideas in Pakistan.
Estimated Investment: Minimum 20,000 to 30,000
4. Real estate Investment:
Real estate is a business entity that deals with the buying, selling, management, operation, or investment of land and buildings. Real Estate is enormous and has been widely seen as the most profitable business in Pakistan. If you’re ready to take the plunge, you have a lot to consider comprehensively before starting off.
Think through your goal, Pick up a name & set the seal, do extensive market research, list down names of the relevant property dealers, craft your business strategy, compare rates of real estate holders with those offering real estate services at cheaper rates. Create an eye-catchy portfolio and additional information about the history of your business and experience, launch campaigns and you are set to go. The real estate business idea is the most profitable business idea in Pakistan due to its higher returns.
Estimated Investment: minimum 15 lacs
5. Digital Marketing Services:
In Pakistan, digital marketing has transitioned a lot in the last few years taking us into the age of online content, social media, and Google and this shift has enormously affected how people purchase, buy and sell.
All you have to do is define your brand (promote yourself), create detailed buyer personas (recreate your work from the customer’s perspective), choose your digital marketing strategy, set your budget, brainstorm strategy, embark on a campaign, track your results, hire 1 or 2 employees, get a laptop and internet connection, and all settled. It is a top business idea in Pakistan for students.
Estimated Investment: Rs. 50,000 to 60,000
Before you ready to put in work and jump in, research and plan your strategy as it will save you time. It is possible to earn a good living from your passion. Write down your startup cost and decide what types of photography services you can offer, establish your branding reputation, develop a business plan, structure, and a name, gather needed equipment, create a marketing strategy, and you are psyched up. All you need is a DSLR camera, its equipment, and a professional photographer. Photography is a common business idea in Pakistan. There are a lot of beautiful places like the deserts of Pakistan, historical places, hill stations in Pakistan, and mountain ranges in Pakistan where you can travel easily and take photos.
Estimated Investment: Rs1 to 2 lacs.
7. Event Management Business:
Have you ever worked as a volunteer in an event or helped organize a few events and thought this could be your ardor? Most youngsters in Pakistan are hitting the trail and investing in the event management business and taking it as a top business idea in the country. To maximize productivity they opt to gain a larger audience. Build a plan, do market research, develop gain event planning skills, set a budget, develop a business plan, develop your networks of supplies and staffing resources, define your services, devise a marketing strategy, and ta-da!. This is the most successful small business idea in Pakistan.
Estimated Cost: Rs3 to 5 lacs
8 . Software Development Company:
To get a deeper understanding of software development companies let’s start our talk about what a software development company does? A software company develops software, Frameworks, Develop & Maintain Mobile Applications, Specifying, Designing, Maintaining Websites & many more components related to software for businesses & consumers. In this pandemic situation of Covid-19 software development is one of the best business ideas in Pakistan because this is the running business nowadays that can be managed remotely by home. Many software companies have switched their firms to work from home. In this era, our businesses are linked with the internet. This is the plus point of this business that a company may not get a loss.
Investment in Developing a software company minimum: 1 lac to 5 lacs.
9 . Graphic Designing:
When we talk about the top business ideas in Pakistan we found graphic designing one of the top leading businesses. What do graphic designers do? In an understandable phrase, it is a process of craft where graphic designers create visuals, images & content to convey their message to people. Designers use different typography, the picture’s to create an attractive view of their product. To start a graphic designing business you just need to have high-quality internet systems & knowledge of designing on different software (Corel, Adobe, etc.). Graphic Designing includes pamphlets, brochures, logos, Publications, Magazines, Catalogs, Newsletter’s vice versa. Companies always need letterhead, brochures, Business Cards & these are the things that can be made by graphic designing it is easy to learn. You can learn graphic design from online websites or YouTube. Graphic designing is in the top list of new business ideas as it’s making a wide range of effects on businesses. There is no such big investment, you just need an internet connection & a system, & here you are ready to start.
10 . Blogging:
Blogging has been trending a bit lately. hence it is proved blogging is an effective & profitable & low investment business in Pakistan. Blogging refers to content, writing, photography, and other self-made media that is published online. Blogging is a way to share your opinion online with others to get to know their thoughts. You can start blogging for personal use or a business. In a business, you depend on the customers to buy your product or services. Via Blogging, you can rank your website on google & make it visible to the concerned audience & sell your product or services. You can earn easily via sponsored google ads & affiliated marketing. Blogging will pay you very well in return. Blogging also helps to generate organic traffic on your website & to get quality leads on the website. More user-friendly content, more audience, and more leads. That means blogging is an effective tool for lead generation. Blogging is also a way to show your niche & create a new brand. When you share your business niche information with others that build up trust & belief in your audience. Frequent & better blogging make your business more reliable, detailed & credible for the user which is important for your business or brand to seem long-lasting. Bloggers recommend blogging in the best business ideas in Pakistan.
11. Travel Agency:
Travel Agency means a company or an agency that offers tourism or travel services. Services that a travel agency provides include organizing a business trip, ticket bookings, hotel bookings, car rentals, tour packages, guide books, and tourist guides. This is one of the New Business ideas in Pakistan but the development of this sector is growing fast. A travel agent is a person that knows the destination, climate, routes for traveling, and accommodation. He represents the travel agency and gets a good commission in return. Travel Agency business is the most profitable business in Pakistan nowadays. Travel Agency plays a massive role in the private tourism sector to promote tourism in the country. A Travel agency gathered all luxury services, accesses, guides, and other services and represented them to the tourist. This is the reason why Travel Agencies are considered to be the “image builder” of a country. Travel Agency is responsible for all the arrangements like tickets, rail, travel documents (passport, ID Card, Visa), and different travel-related services.
You don’t need to get a degree related to the traveling field, any degree is acceptable. Although having a study related to travel, tourism, languages, and business study can be a plus point in this sector. If you are planning to start a travel agency then this article might be helpful for you. First, you just need to have a niche to start. Niche will help you to decide your agency name and establish your brand. We are going to mention a 7 step-by-step guide to start your business.
- Find Agency Niche
- Named your agency
- Choose a business structure for your agency
- Create business plan
- Get Registered by State
- Get FEIN (Federal Employer Identification Number) Optional
- Set your Agency Financials
If the development of the travel sector will become faster in upcoming years, there are chances to become a Best business in Pakistan.
Estimated Investment required: 5 lac to 10 lac
12. Import/Export Business:
To get a deeper understanding of import-export let’s have a brief discussion. Firstly you need to know what import-export means?
“Import is a method where you need to buy products from other countries and export is a method where you need to sell your product to other countries”.
Nowadays import-export business is growing fast and is known as one of the top business ideas in Pakistan. To gain profit in the import/export business you have to note down. We can only import or export with those countries that have diplomatic relationships with Pakistan. There are a lot of people who need to have New Business ideas. We are here to help you out.
When the question is about the Best business in Pakistan, import/export takes the first position of Most profitable business in Pakistan. This world of import/export had a complex system that handles the economic needs of the country. If you are thinking of starting an import/export business in Pakistan then you are in the right place. Below we are going to mention the 4 major things you need to have before starting import/export the Best business in Pakistan.
- NTN (National Tax Number)
- Sales Tax Registration (in import business)
- Chamber of Commerce membership
- Current Bank Account
In Pakistan, the import/export industry is becoming one of the top business ideas in Pakistan. The majority of people are adopting this business to earn money.
Estimated Investment required: 8 lac to 10 lac
13. Gym & Fitness Centers:
Pakistan is a country where people are crazy about their fitness. They join gyms and fitness centers to lose their gained weight and look slim and smart. This is the reason the market for gym and fitness centers is developing fast. It’s proven by science to exercise and stay healthy. Still, our people prefer to join the gym as compared to exercising daily. That is a big reason for the gym and fitness market to become the Best business in Pakistan. The main purpose of gyms is to provide a secure and healthy life to people. Gyms will provide all indoor facilities and exercise halls to males and females via a professional and qualified gym instructor. The increasing population of Pakistan in major cities like Islamabad, Karachi, Lahore, Peshawar, and Quetta offers very luxurious and lucrative opportunities to open up a well-planned gym or a fitness health club. To open a gym or fitness center you have to keep an eye on the below mentioned factors.
- Select an appropriate location
- Select quality types of machinery
- Hired a technical person or proprietor should have the knowledge for services being offered
- Hired a qualified instructor or a physician
- Maintain hygienic and cleaned environment
- Provide quality of products
Nowadays the market of fitness and health is becoming popular. In coming years if the development remains the same. This sector of fitness will become one of the best business ideas in Pakistan.
Estimated Investment required: 10 lac to 20 lac
If the question is How to start a business in Pakistan? And become a successful business owner?
Stationery items are highly in demand in schools and colleges for study purposes. This is the most profitable business in Pakistan if the shop is at a perfect location. Many kid’s items are also offered in stationery which gives a high profit in return. But before you use this one of the best business ideas in Pakistan you need to follow the below-mentioned steps.
- Plan your business
- Select perfect location
- Find out targeted market
- Find out startup cost and ongoing cost
- Decide the name
Stationery is becoming a well-known business in Pakistan due to the high demand for school items.
Estimated Investment required: 5 lac to 10 lac
15. Hardware Stores:
In the retail industry, there is a big demand for hardware parts. Therefore in Pakistan opening, a hardware store is also listed as one of the best business ideas in Pakistan. Before starting, you need to follow a few steps. We are going to mention below the necessary steps to take.
- Find out the lucrative place
- Make a business plan
- Find out the market price of products
- Hired a staff
This is all you need to keep in your mind before you start.
Estimated Investment required: 10 lac to 15 lac
While jumping on the bandwagon could be perilous, it can also turn out to be highly gratifying. Before working on any of above mention business ideas you have to make sure that you prepare thoroughly before starting a business. Take one step at a time. All you need is a bit of inspiration, a little stamina, and positivity. Always remember that research and marketing are the key elements to get going and you will be on your way to successful ownership.
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