Small Businesses

Small Business Idea for Bangladesh

As a small-business hub, Bangladesh is rapidly growing. There are many opportunities for micro and small businesses. Although there are many challenges to running a business, they offer great opportunities for those who are willing to accept them.

Here are some business ideas that you can easily implement.

1- Grocery store with delivery service: This is a great way to increase your business. It can be very profitable to start a small grocery shop with delivery service.

2- Tea & Breakfast Corner – Tea is the most widely consumed beverage in Bangladesh. This has huge potential to bring in business in places like Dhaka. You can start a small but profitable business by offering breakfast and snacks. By selling tea cups that are cleaner and more attractive than others, you can stand out from the rest. Your tea stall should be creative.

3- Fast Food Spot: Fast foods are just as popular in Dhaka than in any other city of Bangladesh. You can find a great location for a small food cart, with an initial investment of TK.10,000 to TK.25,000.

4- Fresh Juice Booth: This is a low-cost way to start a business in TK. 5,000 – 7,000. But, your success is dependent on the product that you offer. You must also have the business in the right place.

5- Organic Food Production & Distribution: Dhaka’s population is extremely concerned about their well-being, so organic foods are a popular choice. You can either rent or have the space to grow organic vegetables. One can be grown on your roof. You can also grow and deliver directly to your doorstep, which will make it a great experience and increase your profit.

6- Small Bakery: Bakery is a business that can be bought every day by people, regardless of whether it’s in a small or large city. There may be many of them, but you can make your own. You can offer custom cakes, fast delivery and partnership with corporations for bulk orders.

7- Freshly Cooked Food Delivered to Your Doorstep! The desire to eat homecooked food during lunchtime is common in the working class. There’s also a large population living in Bangladesh who would love it!

8- Catering business: Whether it’s a religious, personal, or business event, all of them need the best catering. Although it will require investment, the cost of starting one is not prohibitive.

9- Bed & breakfast: If you own a large property with many rooms, then it might be worth letting them out to tourists. This will allow you to quickly make money from the unused space. This is even more true if your property is situated in cultural heritage rich landscapes, airports and other tourist attractions.

10- All Tk. 1-99 Gift Shop: We all love to give and get gifts, but sometimes budget constraints make it difficult. A budget gift shop allows more people to enjoy the occasion and you can make more profit!

11- Tailoring: Although it focuses more on ladies tailoring than men’s, there is a large male market who also needs the services. This business can be started with a partner that is skilled in women tailoring, but the other can do men’s clothes.

12- Photography and Videography: Create a portfolio of your skills or take part in a voluntary photography project at corporate events.

13- Home-Based Gym: If your home is large enough to store some equipment, this could be a great business idea. But your training will be a class apart.

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14- Tutoring – You can tutor elementary students or college students if you’re good at explaining concepts.

15- Repair of mobile phones/gadgets: This service is a great option for people who don’t want to buy a new gadget or device until they have one that works. There are too many, so why not promote your company online and get reviews, and be a genuine repair company?

16. Website business: It is possible to start a web-development company. You only need a computer or laptop, and somewhere quiet to express your creativity. To become a web designer, you will need to have the right skills. You can make a lot of money from this business, even if you don’t invest much.

17- Tech/Gadgets shop: There is a large market for gadgets and tech in every part of the world, so opening a tech product sales business is smart. It doesn’t matter what type of business it is, it will need PCs and their accessories.

18- Online retailing: It is a good way to make money by buying products wholesale and selling them online. To find new customers, you can use ads. All you need is to think about what people are looking for.

19- The Webpreneur: It is easy to be a webpreneur in Dhaka. Dhaka has all the technology and infrastructure you need to make the web your home and start your own business online. It can be local information, a city deals website, or anything else that adds value to the local community.

20- Software Firm: Dhaka has the best potential for software firms to grow. A fast-growing software company can be established in Bangladesh if the programmer is skilled enough or you have additional expertise.

21- Small Scale Clothshop: Although Bangladeshis can buy readymade clothes, a large number of people prefer to purchase the fabric to have it sewn to their specifications. Cloth shops are more popular that readymade garments. You can make a lot of money if you start small and target an economic group.

22- Readymade Garments

23- Photo Copier. This service is needed in areas such as commercial hubs, or other educational institutions. Although these services are already available in many places, you may still find them near government offices or courts.

24- Computer Repairing Service: If your skills and knowledge are sufficient, you don’t need to invest. However, it is worth spending a small amount to get your business card so that you can meet more potential customers.

25- Digital Studio – Although smartphones are great for taking photos, most people prefer professional photographers to take pictures of their events. A digital studio is a service that many households and businesses need. It can prove to be very profitable, if you are skilled in the art. You will need to invest at least Tk. It will cost you 100,000 to install the computer, UPS, photo printer, and a digital camera.

26- Online trading business: You can purchase long-lasting items wholesale and then sell them online. Jewelry, cosmetics and accessories, as well as cloth materials, T-shirts, and other items that you find on the local market.

27- Blogging: You only need to have good writing skills and subject knowledge to blog can be a great business. Although it is suitable for most people, it can be especially beneficial to students and stay-at home mommies/housewives.

molw.net

We are a team of professionals with each having two decades of experience in start-ups, sales, marketing, finance, HR, large scale project and profit centre management and running mature cross functional operations. At Molw.net we are big believers that knowledge transfer is critical to our industry’s evolution. We love to share our experiences and learnings through our online resources.

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