You will find a full load of small business ideas in Pakistan if you read it through. I have focused on the practical businesses that most people with little to no investment can handle. I have been getting a lot of emails to write on this topic. I guess today is the day to explain all of this for you.
So, why would you like to start a small business? That may happen if you have a low investment or if you would like to test your managerial skills before the larger business plan. In any case, it is always a good idea not to put all your eggs in one basket. I guess you might already have heard that, in which case. Let’s begin.
Small Business Ideas in Pakistan
I would like to divide the list of these businesses into two major categories. Most of the common people in Pakistan would know that these two major categories exist. Here we go then.
- For Educated Lads
- For Differently Educated (Without a college or university degree)
When I say differently educated, be mindful that those who did not get a chance to attend a college or a university can’t simply be called uneducated. We have seen that a good number of these people are the most successful businessmen in Pakistan. Have you ever asked what degree does Malik Riaz have? Well, I guess you would never do so. So, let’s not drag it anymore.
Small Business Ideas in Pakistan for Educated Professionals
When I say that these small business ideas are for the educated people, i don’t mean that you must stick to these. I never said you can’t expand and do what the second part explains. This only means that most educated people tend to like white-collar businesses. Where they do not have to look like shop keepers or something similar. You got the idea, right?
If you are not already familiar with the term freelancing. It means that a work that you do at your own pace and time. The work that you do at your own place and the employer pay you for that. Well, it couldn’t make it any simpler.
We can’t skip freelancing while talking about small business ideas in Pakistan, right?
Now, if you have an idea of freelancing. You will know that you can work for people around the globe and provide them with the services of your particular skills. These skills could be any one of the following.
- Web design and development
- Mobile app development
- Search engine optimization (SEO)
- Graphic design
- Content writing
- Accounting and tax consultancy
- Data entry
- Business management
- Virtual assistant
Don’t be sad if you do not have the skills I mentioned above. These are just the tip of the ice burg. You will find hundreds of more skills that people around the world are looking for. You just have to identify yours and start working for different employers.
It is very important that you do not forget the business part of freelancing. If you are working for others all by yourself, you can’t call yourself a businessman. You will be one when you grab the work and get it done by any means possible.
What I am saying is that either you hire a staff or outsource it further among the people who have the relevant skills. This way, you do not have to acquire the required skills or degrees. You will just have to be good at talking to the clients and getting the projects.
Freelancing is not a job, it is a business idea in Pakistan that begins with a small ROI and gradually becomes better.
Where can you get the freelancing projects from? It is a good question, right? You have dozens of websites that are made for this purpose. Let me name a few
All you have to do is, create an impressive profile. Bid on the projects that appear on these platforms and get them done effectively. These are just a few popular websites that I have mentioned.
In the end, it will all come down to getting the project. Trust me, if you are good at this, you are going to be very very successful. I have seen a lot of software houses that are extremely successful in working on these platforms.
2- Online Businesses
Exclude the freelancing and include everything else. You will get a list that lies under online businesses. Let me list down some of the most lucrative online businesses for you.
The Internet has one of the best small business ideas in Pakistan waiting for entrepreneurs. Just have a look at the list.
- managing an e-commerce store
- selling on existing e-commerce stores like daraz.pk
- investing the little amount you have on the forex
- dealing with cryptocurrency exchange
- investing in the stock market
Well, the names are self-explanatory. If you still need more details. You can email me as well, or write in the comments. I will definitely get back to you.
Let me explain the major points briefly. E-commerce is a business that involves online trading. You can start with a website. Add all the products that you can grab from the market. Add your commission to the retail prices and place them online. You can either go with a website or a Facebook page. Once you start getting orders, you will have a simple online business at your disposal.
Contact one of these Web Development Companies in Pakistan for further help. You will need professionals to guide you if you need immediate growth.
About selling on Daraz, this is more or less the same. You will create a profile on Daraz. List the products that you can grab from the market if an order is placed. Deliver that and earn a commission of your choice. I know it is a small business idea in Pakistan, but isn’t the blog all about it?
Forex means currency exchange. You can start with as low as 10 thousand rupees. If you are a finance student, you will know how frequent these changes are. You should be able to predict the prices of different currencies around the world.
The stock market is again something that qualified finance students can understand very easily. You just have to understand the growing or lowering shares. You could buy the shares when they are low and sell them once they go up.
Small Business Ideas in Pakistan for Less or Uneducated Citizens
Most of the renowned businesses are actually held and lead by less or uneducated entrepreneurs. Formal education is not a condition to succeed in business. It is the business idea and its implementation that matters.
I have a complete list of these small to large business ideas in Pakistan on the link below. Click on the link and you will find the finest business ideas in Pakistan for 2020.
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