Top 3 SME Entrepreneurial Business Ideas for Pakistan

 By: Salman Junejo  Date: 18 September 2014
Top 3 SME Entrepreneurial Business Ideas for Pakistan
Small & Medium businesses provides much needed stimulus and impetus to a country’s economy, apart from the services and job sector, this entrepreneurial ventures should be encouraged on national and government level. Currently, Nawaz Sharif’s Government is encouraging this entrepreneurial attitude and initiative via its “Prime Minister’s Youth Business Loan” program.

Here are three lucrative ideas for SME business startups in Pakistan:

1. Tech Related Startups & Mobile Franchises/Shops: The tech sector is growing by leaps and bounds not only in 3rd world countries like Pakistan but on a global scale as well. It is creating potentially huge opportunities for e-commerce, business-to-business vendors and suppliers, mobile smartphone platforms (IOS, Android), mobile franchising and many multi-faceted applications. Specifically with respect to mobile phones and its related eco-system, Pakistan currently has millions upon millions of mobile phone user; opening up a mobile sales/franchising shop is profitable small to medium business solution which doesn’t require much capital as well.

Apart from that, those that have a background in computer programming can start to develop apps and games for mobile platforms of android or IOS platforms, millions of apps are being downloaded everyday by smartphone users. Pakistan possess some of the most talented and creative computer engineers and programmers, they can use their skills to earn themselves quite handsomely by developing apps and games for these aforementioned platforms of android and IOS.
Minimum Capital Investment Needed: Starting from 3 Lakhs onwards.

2. JDM (Japanese Domestic Market) Car Imports: Lately due to the advent of reconditioned and used Japanese cars in Pakistan, this is starting to be a rewarding and well-paid business proposition. The attractive feature is that much of car importing and auctioning is done online, those that are tech savvy can also employ their skills in this particular business. By importing these cars, they can sell it to customers directly or showrooms at a profit margin. All the related information and tutorials on how to venture into this line of business is available online as well. Locally, one can go to these already established JDM importers to learn the ins and outs of the business as well.
Minimum Capital Investment Needed: Starting from 10 Lakhs onwards.

3. Dairy, Poultry & Livestock: In rural areas of Pakistan, this is already an established business. Whether it is dairy (milk, cheese, yogurt), Poultry & Livestock. These perishable food commodities and items are consumed almost on a daily basis and the demand is steady for these products especially during holiday or in festive seasons (Eid ul Fitr, Eid ul Azha, Ramzan etc.).

Although bearing in mind that this is quite an elaborate undertaking in terms of establishing a mid-level entrepreneurial endeavor. Additionally, one may require a substantial capital investment injection into the project in terms of purchasing or leasing land, acquiring animals and animal feed, veterinary services and a vet on call to look after the cattle and other animals. But, the profit is also substantial to make it a sustainable small business for you to undertake in.
Minimum Capital Investment Needed: Starting from 15 Lakhs onwards.

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