Bangladesh is growing rapidly as a center for small businesses. There are many opportunities for small and micro businesses. Starting and running a business is fraught with challenges, but opportunities always welcome those who are ready to tackle them.
Below is a list of manageable business ideas.
1- Grocery store with delivery service: Something that saves busy people time has great business potential. Opening a small grocery store with a home delivery option can be a very good deal.
2- Breakfast and tea corner: Tea, which is the most popular beverage in all of Bangladesh, has enormous commercial potential in cities like Dhaka. With complimentary breakfast and snacks, you can establish a small-scale but profitable business. You can differentiate yourself from other uneducated tea vendors by cleaner, better looking teacups. Your tea stand should have a touch of creativity.
3- Fast Food Place: Fast food is as popular in Dhaka as it is in any other city in Bangladesh. A small food cart with an initial investment of TK.10,000-Tk.25,000 can have a good reach in any busy place.
4- Fresh Juice Kiosk: It is one of the low cost business ideas that can be established within TK. 5,000 – 7,000. However, success depends on the product you offer and you must have the business set up in the correct location.
5- Organic food production and delivery: Since a large population in Dhaka is more concerned about their health, they love to buy organic food. If you own a small or large growing area, or can rent one, starting organic gardening is one of the profitable ideas. You can grow one on your roof. You can farm and deliver to the door for your best experience and profit.
6- Small bakery: be it a small city or a large metropolis, people buy the bakery every day, turning it into an everlasting business. You can find many of them already in operation, however, with a twist, you can enter the market and take your part, offering custom cakes, fast delivery, taking large orders, partnering with corporations for bulk orders, and so on!
7- Homemade food delivered to the door: Craving fresh homemade food during lunch time is common among the working class and there is a large population in Bangladesh who would love the idea!
8- Business Catering: Be it a business, religious or personal event, everyone needs the best catering. Starting one will surely require an investment, but it’s not that high!
9- Bed and Breakfast: If you own a large property and have many additional rooms in your house, consider leaving them to tourists. This will help you earn quick money for your unused space. This is more suitable in case the property is in a cultural heritage, lush landscapes, airport and tourist attractions.
10- All Tk. Gift Shop 1-99: Everyone loves giving and receiving gifts, but budget constraints often don’t allow it. With an inexpensive gift shop, you allow more people to enjoy the occasions and therefore make more profit!
11- Tailoring: although it is more about female tailoring, a large male population also wants services. Starting such a business with a partner where one is a specialist in women’s tailoring while the other is the best in men’s clothing can be profitable!
12- Photography and Videography: Show off your photography skills with a quick portfolio or take a few photos voluntarily at various weddings and corporate events to get noticed.
13- Home gym: if you have a spare room in your house and you can invest in some machines, it is a profitable business idea, however, your training will be a separate class.
14- Tutoring: be it tutoring elementary classes or college students, the potential is always there if you are good at explaining the concepts!
15- Mobile Phone / Device Repair: A large portion of people who don’t buy a new device or device until they have a working device in hand would love this service. Although there are already too many, why not promote your Do Business Online, Get Reviews, and Become a Real Repair Company!
16. Website business: You can start a web development business. All you need is a desktop or laptop and a quiet place to unleash your creativity. Of course, you must acquire the necessary skills to be a web developer. It can be a very profitable business without investing a lot.
17- Tech / Gadget Store: There is a huge market for tech and gadgets in all parts of the world and therefore opening a business that sells tech products is a smart choice. Regardless of the type of business, you will require PC and its accessories.
18- Retail Online: Buying products in a wholesale market and then selling them online is a good money-making proposition. You can use ads to find new customers. You just need to brainstorm what people might be looking for.
19- Webpreneur: Becoming one in a city like Dhaka is not too difficult, because it has all the technology and infrastructure to allow you to explore the web and build your own online empire. Be it a local information website, a city deals website, or just anything that creates value for the locals or the wider community, go for it!
20- Software company: Dhaka is the most fertile ground for the growth of software companies. If you are a good programmer or have a couple of other experts, you can set up a fast growing software company in Bangladesh.
21- Small-scale fabric store: People in Bangladesh buy ready-made clothes, but a large population prefers to buy the material to sew it according to their specifications. This is why clothing stores are more popular than clothing stores. It can be quite profitable if you start small and target a specific economic group!
22- Ready-made garments: Well, this will need a good investment to start, however, the profitability is in finding the profitable supplier and cheap transport.
23- Photocopier: The service is very necessary in shopping centers or nearby educational institutes. And all these places already have such services, but you can still find some access points near public courts, government offices, etc.
24- Computer Repair Service: If you have knowledge and skills, not only do you need an investment, but yes, spend a small amount to get your business card and start meeting more and more people who can be your potential customers.
25- Digital Studio: Although smartphone cameras work a lot, people prefer professional photographers to film their events. Much of the home and business require the services of a digital studio, so it can be very profitable if you have the skill. However, you need an initial investment of at least Tk. 100,000 to set up the computer, UPS, photo quality printer, and of course a good digital camera.
26- Online Trading Business: You can buy long-lasting items wholesale and sell them online, i.e. jewelry, cosmetics, accessories, fabric materials, T-shirts and anything else you can find from your local market research .
27- Blogging: All you need is good writing skills and knowledge of the subject and blogging can be a great business. Although it fits almost everyone, stay-at-home moms and students can take better advantage of it!