Most profitable businesses in Pakistan

1. Transport and Supply Business An excellent way to lower costs (mainly fixed costs, which represent a large proportion of the costs of a business) is to eliminate or reduce the concepts of rent, conditioning, care of facilities, etc. 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. You can earn money by helping importers or business owners move their goods from the port to designated locations.

2. Import Broker Many people are interested in importing products. However, there is little knowledge of how to do it, how much to pay, which provider to go with, what the steps to take, etc. A business idea for specialists in foreign trade is to provide training, advice, or brokerage service for small importers. This is a profitable business because it is a business with no variable costs and high-profit margins. Import broker would assist local firms in their export and import documentation, tracking products, and performing other duties so their clients can concentrate on other work. 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. You can also charge them according to per hour, or it can be per import or export project. By this you can make more profit.

3. Ecotourism Due to the hustle and bustle that exists in metropolitan cities, there is an increase in the demand for more relaxing vacations, such as those offered by ecotourism. There is a wide margin of profit in tourism. However, it must be considered that it is a seasonal business, and therefore, there will be months of low sales and months of high sales.

4. Gyms and Fitness Centers Another business in high demand is gyms. The culture of the gym has changed, from the idea of male bodybuilders in the gym to families and homemakers doing aerobic exercise and getting fat reduced. It requires a small capital investment. However, the returns allow you to develop a profitable business.

5. E-commerce Websites Internet shopping is gradually taking over. Many countries around the world and Pakistan also have accepted the idea of buying things online. You can create an e-commerce platform for buyers and sellers to come together to sell their products.

6. Software Development Companies A software development firm has significant potential in Pakistan since there’s a great deal of excellent local talent that may be retrieved in the region. At the same time, there’s a talent from neighboring states which may be brought in also. The software development firm would work with local companies to build solutions that would help them handle their business and earn more money. For example, this may be by creating a software program for a neighborhood clinic with many locations to discuss health care files for more natural customer retention. Or you might have a more risky strategy and construct software applications for new startups and have a proportion of the equity as payment. 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.

7. Construction Business If you have an engineering background, especially in the civilian niche, or are merely interested in the construction business, then you may want to consider going into the construction business. Some builders and developers work tirelessly to build resorts and hospitable places for foreigners. You can also take advantage of this business.

8. Technology Business The information technology business is such that it has been identified by the Pakistani government as a high priority industry. If you are an IT expert, this is an area you may want to take advantage of readily. You may consider carving a niche for yourself, especially in any area of interest that may be software development, outsourcing, and contact centers.

9. Agriculture and Farming Pakistan is an agricultural country. There are many things to produce in the country, especially wheat and grains. If you have a penchant for agriculture or are willing to partner with some farmers to take the business to an exceptional level and continue to serve the population, then this is the business to invest in.

10. Animal Farming Farming is not related to crops or agriculture only. In Pakistan, Cattle Farming, fish farming, the business of raising chickens and other eatable animals is also in high demand with short term profit gain. There is a huge demand in Pakistan for eggs, milk, and other animal products. So, you can make a lot of money from animal farming. You can rear chicken, fish, cows, turkeys, Ostriches and so on. Other animals you should consider include sheep and cattle. You can start this business even with very little capital. With time, the company would grow as you generate more profit.

11. Car Aftermarket Parts and Accessories Business This is a very profitable industries in Pakistan. It also means there can be great potential for growth in the industry as well. 50% TO 60% OF THE VEHICLE PARTS ARE BEING LOCALLY MANUFACTURED IN THE COUNTRY. You should specialize in providing automotive parts for the large transportation industry in Pakistan. You could start by sourcing parts locally or from neighboring countries and then develop contracts with local transportation companies for replacing key parts that break and need servicing.

12. New Venture Investment Fund A major need in the Pakistan economy is more cash investments for new ventures. The people of Pakistan are very hard workers and want to launch new businesses however, the one major thing stopping some of the larger ventures from launching is start-up capital and funding. Especially since manufacturing is so popular in Pakistan. The new venture investment fund would help solve this problem by providing funding to qualified businesses that need to be taken to the next level. If you don’t have a lot of money, you can still start this company. To do this, you would need to raise money from wealthy individuals in your community or in international countries.

13. Halal Food Manufacturing Company Halal is a growing food type that many people in Pakistan and surrounding areas love to enjoy. It can be made into many different forms and that is what people like. The different forms such as Halal breakfast and Dessert dishes are making the food more popular than ever. You would love to start selling a different type of Halal to the customers but may not have the manufacturing capabilities to do so. You could set up a Halal kitchen to make these different creations upon request, operating like a bakery etc.