10 most profitable small business ideas in 2020
which start on less amount
Starting a new business is a very tough job. According to research
more than 80% new business fail within than years, just because of wrong idea and
wrong planning.
If you want to start a new business make sure, that you know
each and everything before start.
Probably you can lose if your planning and your idea is
wrong. Don’t invest your all money in one business. Start many small businesses
and wait and watch.
I would like to mention all those ideas which start from
zero or from low investment.
01. Freelancing
Freelancing is online job, which start form zero investment.
It’s just needs laptop or computer, good internet connection and skills of
writing.
Freelancing is working on project base. First of all, you
will make your gigs on any freelancing platform you will mention your complete
details according to your services.
If client need any service he will just search on that
platform and eventually he will contact you and you will deal the project.
Your client will provide you all the information which is relevant
to their work and finally you will provide the work and he will pay you.
It’s a very good online job. The more you spend the time on
that, the more you earn from that. Your rating will grow on base of your work.
02. Blogging
Blogging is also kind of online job but its very tough. It’s
also required the same things best internet connection, computer and skills.
But blogging is slightly different it needs knowledge with
passion and patience.
It’s very easy to make a blog or website on google but it’s
very hard to rank on google and make a revenue from it.
Google provide us many platforms which give us free domain.
These domains are just use for learning.
For making money on your blog you need to be a premium
domain, there is many advantages of premium domain, first google rank it easily
compares to free domain.
There is hundred of ways to make money online but a few are
very famous on it.
The first one is affiliate marketing; it means you will put
adds on your blog and when your visitor come and click on your and buy something
the company will give you some commission.
If you have your own business you can promote your own product as well.
If you don’t have your own business you can also work for
other and you can promote him. Just like promoting amazon products.
But the thing is ranking your site is really importing, it
least ranks on top 10 is also good.
On the filed of blogging you should have to be aware and
creative mind.
That’s necessary for you to make yourself update on new
rules of google and market.
03. cold drink and ice creme stand
If you are looking small business idea, which start on low
investment this is the perfect option for you.
If you don’t have money for hiring a shop you can buy a
small kiosk and stand up near to any play ground or gym. A small kiosk can
bring you a very good income.
You can also buy a small sugar cane juice machine and stand
up at the front of school, college, university and many other pleases, where is
more gathering of more people.
You can sell ice cream on bike also.
Always remember, that the things which you sell which is unique
from other and care the demand of your customer that; what they like.
You must have to know that, who is your customer as they
child, boys or old and look it their choice.
04. Coffee shop
Every day base coffee industry is growing. Now a days, people
go to coffee shops and spend their time on lovely environment. Now a days,
people conduct their official meeting there.
Why just because of people are bore from every accept park
and hotel.
Most of the people get to gather in hotel and coffee shops
to their girl friend or friends.
You should have to make your shop famous and unique to
attract the customer make sure, that your place is clean and peaceful.
Try to provide many different types of tea like almond tea,
coconut tea, date tea, green tea, black tea, red tea and many more. You can learn
from YouTube and google as well.
There is nothing difficult, but if you try to learn. Learning
now a days very easy.
There is no need of tutor you can learn from google easily.
Always remember, that how is the location of your coffee-shop.
05. Bakery
Starting bakery business is one of the successful business
everywhere.
Provide free home delivery and do special concession to your
customer and make a good quality sweets, burger and pizza.
Do friendly behave with your customer and make him satisfy according to your products.
Do friendly behave with your customer and make him satisfy according to your products.
As we know that every, day there is events and ceremony the
people order cake for birthday, anniversary and they celebrate their happy
moment.
The more you focus on the satisfaction of your client, the
more you will grow.
Get up early; is really necessary for every thing which is
either business or job.
According to research the people who get up early in the morning
they have chances of success and growth.
06. Car washing services
Car washing is the most profitable business. If you have money
you can hire car wash services and take two to three persons for doing this.Give
him monthly salary.
After all expenses you will gain a very good profit.
The demand of service is growing just because of vehicle is
growing.
Every day sells thousands of new cars.
07. Electronic Repair
Electronic repairing is golden business idea which is 100%
successful. There is no grantee of electronic products.
Some time, it works couple of years and some time it just works
couple of hours. That’s why there is a lot of repairing work in our society.
There is no need of expensive machine you just needs a
small shop in bazaar and one electric engineer for a few months, if you want to
do work yourself or hire someone.
Every summer session thousands of Pens, TV, AC, washing
machine and Refrigerator burn. Most of the people they don’t afford new, they
repair the old again.
08. Academy
In Pakistan around 80000 thousand rupees you can open your
own academy.
Firstly, you should have to teach your own subject. Then you
can hire another teacher as well.
Make a stick policy of your academy and take care of time.
Provide different languages courses as well.
Provide the environment for every language you can provide
the following courses English language, English grammar, Diploma information
technology and many more.
All these business ideas which, I mention above and below
you can use it on that time whenever you know anyone of them, otherwise it can
be harmful.
09. You-tubing
YouTube is a video platform which is free there is nothing premium.
If you are passionate of doing something new and unique
then its a perfect selection for you.
Patience and passion both are really important. If you have
a talent of doing something unique, then you can generate money as well, but
stating just for money is useless idea.
YouTube put some condition, if you qualify these than you
can become successful; otherwise there is million of you-tuber who still trying to
on their monetization.
Most of the you-tubers on their monetization is well but still they aren’t making money.
Most of the you-tubers on their monetization is well but still they aren’t making money.
The first condition of YouTube is to complete 4000 thousand
hours watching time and more than 1000 thousand subscribers.
The thing is not monetization, the thing is uniqueness. It’s
a reality that if you can’t do it anything unique than other people you can’t
be success on the future.
10. Open a salt shop
Opening a salt shop is the great idea for generating a
handsome money instead of other business ideas.
I observe that most of the people take it light but it’s awesome
idea.
Making a salt shop is just need 80000 thousand to 10000 one
lakh Pakistani rupee to buy a machine.
If you don’t do it itself you can hire a few labors is well.
You will order rock of salt and then you will make a small
pack. You will hire the person for delivery to different shop.
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Hi, thanks for sharing amazing ideas. 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.
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We all need to start a business at some point in our lives. Even if you are just going to start your business with a small investment ideas it is a good practice. If you think, you don’t have enough money to start a business or if you think your salary is not that much as your expenses are. Investing your small amount strategically gives you a good amount in return.
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Each of us wants to be a boss, but the nature of business is loaded with risks and failures. Every step is not without success and failure. It depends on us how we manage and look forward. But it doesn’t mean that you cannot be a businessman. Don’t stop yourself from at least trying it. Your biggest fear is that the first step you will take, after that you’ll get that confidence to deal with things. Take that one step and break your fear. Your business can have a physical appearance, or it can be an online business.
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