Smeda Invites Applicants For Small Business Grant For Early Stage Startups

Gaming arenas are something Pakistan literally lacks and is in dire need of. The video game from our childhood got replaced by computer games but the video game centres seized to exist at all. A classy, online gaming arena can prove to be a very profitable business idea for 2021 in Pakistan and may add a token to the entertainment slot which Pakistan lacks a lot. Of the increasing trend of photography, now it is not only confined to weddings. People tend to go for a formal photographer on childbirth or a family get-together. A one-time around 1-lac rupees investment in a DSLR Camera will surely result in profitable outcomes.

A practical form of innovative business is through the use of vehicles that are points of sale for the company. It will depend on your investment grade and the line of business, for example, adapted motorcycles with back inventory for sale, food carts, vans, or trucks equipped with kitchenettes to sell food. However, Farhana, who’d been a school teacher before marriage, wasn’t allowed to work outside the house by her in-laws, and neither could she manage that with the responsibility of three children and a household.

So if you are living in Gulistan-e -Johar and want to open the shop in Clifton consider all odds possible, because time and distance will cost you. Any kind of service that you tend to offer is counted as a service business. Sounds too good to be true for many but yes it is I mean look at it actually, ever since we were growing up and becoming aware of this megacity, and our country’s economy, Karachi was always cited. And since Karachi contributes 20% to the total of GDP, and according to World Bank Karachi is one of the most business-friendly city of Pakistan,Karachi surely holds a big position in Pakistan’s economy.

Through proper social media marketing and your smart personality, and if you really cook well then people will like you and give reviews about you. Helping the company future goal and stick out online so that they can reach more prospective customers. Through the years this idea in Pakistan may grow to other businesses, so it is possible to enlarge your clientele.

Popular Small Businesses In Karachi

Long term local currency finance for imported and locally manufactured new plant and machinery. It is similar to Murabaha, however, in this Bank does not disclose the cost and profit to customer. Musawamah can also be allowed under Islamic Export Refinance Part I & II. It is a working capital solution by purchasing finished goods of customer.

If you begin this company in Pakistan in your home also, you won’t need any type of considerable investment. But if you start this startup professionally, then you will want to organize an office for company tasks. If you install a workplace, then you need to devote some funds. You can also supply products in wholesale quantity to companies that manufacture juice, jam, tomato puree, and other packaged foods. Another business in high demand worldwide is the request for microloans or small-scale financing, which offer an amount for a material good such as jewelry, watches, technological equipment, etc. If you have a sense of style and love fashion, then you should step into clothing or fashion business.

Welding Business

Serving international customers could also be an opportunity as they can provide more revenue by expanding their manufacturing operations in Pakistan because of the high quality but low cost of labor. Other than these three, many other women in the city have also used the opportunity of Covid-19 lockdowns to start their own businesses. “My husband lost his marketing job close to the first wave of Covid-19, and couldn’t find a new job as companies stopped hiring. He started driving a private cab, which also failed to provide for us because of the lockdowns, increased fuel prices, and a huge commission charged the company. I have three children, all of whom go to school; so when the money stopped coming in, I knew I had to do something to make sure that they are not deprived of education,” the housewife narrated. How often have I mentioned the increasing gaming trend in Pakistan in my blogs?

The program is aimed at providing financial support to the entrepreneurs to meet the capital and / or operating needs of their businesses. This is a small business that can be started in a small shop with some chairs for office setup and bike to explore business opportunities related to real estate. Tutoring services is another profitable small business thought in Pakistan. If you maintain bachelor/master levels and have a fantastic grip on some particular topics, then provide your tutoring services to students. It is also possible to instruct your students online with Skype and make money on the web.