How would you feel if you could wake up at your desired time, eat a delicious breakfast, choose your own lunchtime, and not have to worry about your boss calling you out for being late? Yes, it is possible only if you have been thinking of business ideas. We have compiled Pakistan’s top five most profitable business ideas in 2021 for beginners to use as a starting point. It is simply a matter of being prepared and organized if you wish to start a business in Pakistan.
Blogging
As the digital world grows, there is a great demand for bloggers. The best part is that blogging is a relatively inexpensive hobby. Essentially, you just need to have a creative mind. If you want to sell products or services to the public, make sure that your website can be found on Google. Blogging can assist you with generating a lot of income. It’s just a matter of producing a user-friendly, top-quality, and trending article for your target audience. Besides, it’s one of the easiest ways to work from home.
Basic Requirments:
- A Laptop
- Stabe Internet Connection
- Personal Website
- Unique Domain
- Web Hosting
- Content Writing Skills
- Creative SEO Ideas
Tentative Cost
PKR 50,000 to 85,000
Gym or Fitness Center
Gyms and fitness centers are flourishing businesses in Pakistan. As healthy living styles have now become popular among the middle and upper classes, people have resorted to different kinds of diets, meal plans, and forms of exercise. Choosing the right location, indoor equipment, technical staff, doctors, and other characteristics for your fitness center is imperative. Gyms can make a substantial profit especially by giving clients unique workout experiences and training.
Basic Requirments:
- Proper Space
- Modern Equipments
- Music System
- Gym Trainer
- Management Skills
- Technical skills
- Marketing Skills
- Health knowledge
Tentative Cost
PKR 10 Lac to 20 Lac
Medical Store
According to research, more than 180 million Pakistanis suffer from some kind of ailment- which is why medical stores are a running business in Pakistan. In order to set up a medical store, you need a pharmacy license and for the staff to be eligible, they need a proper medical degree. You can focus on generic medicines or even introduce imported medicines to offer customers a wide array of options. It is critical to building trust with customers, hence make sure your pharmacist gives credible advice. Put on your thinking cap and consider ways to make your store stand out from the others.
Basic Requirments:
- Medical Shop or Pharmacy or Wholesale Outlet
- Storage Facility
- Refrigerator
- Air conditioner
- Pharmacy Licence
Tentative Cost
PKR 7 Lac to 8 Lac
Read more: How to make money online – Five quickest ways to make money online
Event Management
Event management is a hot business idea, not just in Pakistan but around the world. In Pakistan, the business is ever flourishing due to the trend of lavish and extensive weddings and parties. The scope of event management is wide as it can involve planning festivals, conferences, ceremonies, weddings, formal parties, concerts, and conventions. Getting into this type of business can produce a lot of income for you. You can always start with personalized home events for a small group of people. Start by planning how the business will function and how your marketing strategy will be implemented.
Basic Requirments:
- Creativity skills for event planning
- Accounting skills are essential for budgeting
- Logistics control skills
- Security skills related to risk management.
- -Computer literacy for print media (e.g. brochures, flyers) and online (websites)
- Price, promotion, and event management skills
- Selling skills helps you find new clients.
Tentative Cost
PKR 3 Lac to 5 lac
Investing in Real Estate
Last, but not least, real estate is a highly profitable venture in Pakistan. Owning property allows you to demonstrate your abilities in a variety of ways. As a property manager, you can demonstrate your skills by offering clients the right deal. In addition to collecting rent and buying or selling, you can even rent out your property. Using proper photography to market your properties as a way to attract more audiences is an effective way to attract more buyers.
Basic Requirments:
- Office
- Market Research
- Property Dealers
- Connections
Tentative Cost
PKR 5 Lac to 15 lacs
