Bangladesh is a country that is rapidly progressing. There are numerous business opportunities in Bangladesh that might bring in a substantial amount of money. As Bangladesh is largely a farming country, agro-based business ideas are excellent for you to consider.
Most economic metrics have experienced significant advances in Bangladesh in the recent past. Bangladesh’s economic climate appears to be even more promising in the years to come. Eight percent GDP growth is predicted for 2020, according to the World Economic Forum.
In addition, the country’s service industry is expanding. As a result, Bangladesh has a wide range of commercial options.
40 Profitable Small Business Concepts in Bangladesh :
Here is a list of most profitable low-cost businesses to start in Bangladesh that has high-profit potential :
1. Fast Food Shop
Bangladeshi people are wonderful foodies. Their cuisine has a wide range of flavors. Fast food is in high demand in Bangladesh’s urban areas, particularly in the cities of Dhaka, Chittagong and Narayanganj.
As a result, opening a fast food restaurant in Bangladesh might be a lucrative venture. The site must be extremely crucial, either in business districts or in prominent residential neighborhoods. Maintain a high level of standard and quality in your fast food. In addition, you must provide fast and proper service for fast food business.
2. Start a Blog
In Bangladesh, there are a number of successful bloggers. If you enjoy writing in English or Bengali, you might want to consider creating a blog. As a blogger, you can make a nice living from the comfort of your own home. Check out our step-by-step guide to starting a blog and making money.
3. Carry out small tasks online
There are some online possibilities that can generate some extra income while working part-time from home using only a computer and an internet connection. This can include tiny gigs on Fiverr or Upwork, as well as contributing your thoughts on survey job sites.
4. Dropshipping
Increasingly popular in Bangladesh, dropshipping is gaining ground there. The unique aspect of this business is that it allows you to conduct a product selling business online without the need to maintain inventory levels. Check out our step-by-step tutorial on how to establish a dropshipping business for additional information.
5. Coffee Shop
In recent years, there has been a significant increase in the demand for coffee as a hot drink during official meetings or leisure time in Bangladesh. Coffee shops are also a popular hangout spot for teenagers in recent time.
People in Bangladesh like coffee because they think it’s a symbol of globalization because they think it’s a good thing to have.
You may want to consider opening a coffee shop in Bangladesh in light of this development. Locate your coffee shops near places of business, parks, malls, and educational institutions, such as universities and colleges.
6. Cosmetics Shop
Bangladesh’s cosmetics sector is booming as a result of the country’s rapid development. Cosmetics are used by the majority of metropolitan women. This is a high demand in a country like Bangladesh with such a vast population.
You may now see why a cosmetics shop in Bangladesh is a great business concept. Cosmetics created in- or imported from other countries can both be sold in your shop. Naturally, the imported versions are more expensive. You can also shop for cosmetics online at an online cosmetics store, which carries a wide variety of products. So, you have to follow the guidelines of starting an e-commerce business.
7. Start a Local Garment Business in Bangladesh
Bangladesh is one of the world’s largest exporters of garments, and the garment industry is extremely profitable in this country. Both readymade garments and the apparel sector make significant contributions to the country’s economy.
Therefore, if you lack sufficient funding, you can start a profitable local hosiery business. Garment manufacturing has a high profit margin and can be a lucrative enterprise in Bangladesh. It is preferable if you receive instruction on clothing and their business aspects prior to beginning your firm. Also, there are lots of garments buying house in Bangladesh.
8. Professional Service (Training & Consultation)
Bangladesh has a plethora of professional service establishments. The need for these types of services is increasing as the economy grows.
If you are properly qualified, you can consider this business opportunity in Bangladesh. Financial consulting, HR consulting, and training, as well as auditing, risk management, and engineering services, are all available.
Aside from that, you can begin learning how to use a computer, IT, or even start your taxes. IT Training is very reputed business for young generation. It is possible to conduct the consulting work on your own in the comfort of your own home or in a small office. When it comes to learning new skills, you’ll need training facilities.
9. Photography
Photographs are needed for a wide range of events in Bangladesh, from college admissions to family gatherings, from corporate events to weddings.
Wedding photographers have a lot of work to do. Bangladesh is a great place to start a photography business if you’re a skilled photographer. You can use social media like Facebook and Instagram to spread the word about your service and quality. Remember to show off your talents and promote them effectively.
It’s also possible to sell your photos online, such as images of natural beauty, products, or other items.
You can also earn money from mobile photography.
10. Tourism Industry in Bangladesh
Bangladesh is a lovely country with hills, beaches, woods, and archaeological sites abounding in natural beauty. The Sundarbans Mangrove Forests, the remnants of the Buddhist Vihara at Paharpur, and the medieval Mosque in Paharpur are all World Heritage Sites in Bangladesh.
As a result, tourism is a profitable business in Bangladesh. You can provide travelers with personalized or guided tour packages that include hotel reservations, rail or flight tickets, and other services. Your tourism service can be advertised and reservations taken online.
Before launching a business, you need have a thorough understanding of the most popular tourist destinations like Sundarban, Bandarban, Kuakata, Khagrachari, and Cox’s Bazar, Sylhet among others.
You should be particularly knowledgeable with the hotels and resorts in Dhaka, hotels and resorts in Cox’s Bazar, hotels and resorts in Kuakata, hotels and resorts in Bandarban
The most tourism related places in Bangladesh are following :
1. Tourist attraction place in Sylhet
2. Tourist attraction place in Cumilla
3. Tourist attraction place in Bandarban
4. Tourist attraction place in Sundarban
5. Tourist attraction place in Khagrachari
6. Tourist attraction place in Cox’s Bazar
7. Tourist attraction place in Dhaka
8. Tourist attraction place in Kuakata
11. Student Counseling
The number of persons with bachelor’s degrees is rising in Bangladesh, however the quality is still lacking. As a result, they are underutilized at home and abroad.
You can consider this business opportunity, which is desperately required in Bangladesh, if you are talented and educated enough. You may launch a career counseling service, which is critical for the future generation’s preparation.
For clear concept you can check the list of Overseas student visa (Education) Consultants in Bangladesh.
12. Electronic Product Shop
Demands for electrical and electronic goods have gone up all over the world because of the rapid development of new technology. Bangladesh isn’t the only country that doesn’t work this way.
So, it’s a good business idea in Bangladesh to open an electronic goods store. TV, refrigerator, microwave oven, air conditioner and washing machine are some of the things you can sell. You can also sell computers, laptops and tablets.
This means you can buy from well-known businesses. You need to pick a good place for your shop to be so that you can be successful in this business.
13. E-Commerce
Both in Bangladesh and around the world, the E-Commerce industry has risen significantly. E-Commerce has become a promising business field in Bangladesh as access to the internet has improved and more people have access to the internet. There are also some new e-commerce trends online shopping in Bangladesh.
eCommerce is one of Bangladesh’s most potential business ideas. You have the option of using E-Commerce to sell your stuff. E-Commerce allows people to buy and sell goods.
You can also use E-Commerce to export and import different items, as well as make and receive payments. However, you must be highly familiar with the platform. You must understand how to start an E-Commerce business.
You have to know about the key challenges of e-commerce platforms and the overall scenario of e-commerce industry in Bangladesh.
14. YouTube Channel
Establishing one’s own YouTube channel is a great way to promote one’s own products or services. There are a large number of Bangladeshi bloggers that are extremely well-known on YouTube. It is a highly profitable and entertaining industry with a large number of money-making tasks. Take a look at this guide if you want to become a successful YouTuber.
15. Social Media Manager
You can also work as a social media manager in Bangladesh, which is experiencing a social media revolution. It has a great demand and easy way to earn huge money. As a freelancer, You can do this work from home.
There are lot of digital marketing agencies and SMS marketing companies in Bangladesh.
16. Mobile & Mobile Accessories
Mobile phone shops are in high demand in Bangladesh, because to the growing use of smartphones and mobile phones. So, in Bangladesh, you can open a mobile phone shop.
You can use the internet to promote your shop. Mobile accessories such as chargers, earbuds, and back covers, as well as a distinct department for mobile repairs, can be kept in your shop to offer value. Your earnings will grow in tandem with your consumer base.
17. Sale of Used Items
This business is in high demand in Bangladesh, as it is in most other countries. Electronics, furniture, and other items are among the items available.
You can purchase items at a lesser cost, repair them if necessary, and then resell them. You can create your own website to sell these things, or you can place free adverts on Bangladeshi websites and sell them through their platforms.
18. Mini Super Shop
A superstore serves as a one-stop shop for all of your grocery and everyday requirements. Mini Super Shop is an option in this instance. The growing middle class in metropolitan Bangladesh, combined with their lack of time, has created a strong demand for these types of shops.
As a result, this has become a lucrative business opportunity in Bangladesh. The location of this firm is critical. It is great to live in a posh residential area. You must keep a high grade of merchandise in your shop. Advertise your shop via social media, local cable operators, and flyers, among other methods.
In recent years, Bangladesh has seen an increase in the number of reputable supermarkets and department stores.
19. Toy Shop
Toys from China were the main source of income for the toy industry in Bangladesh before 2010. In the past, the local toy industries were small, but now they have grown a lot and serve a lot of people. So, you can sell both toys made in the United States and China.
This is a business that can make you a good living. There are a lot of places where parents can afford to buy toys for their kids, but you have to pick the right one. Make your shop look good and use a lot of different ways to advertise it.
For you experience, you can check 5 best online baby products shops in Bangladesh.
20. Coaching & Spoken English Classes
Coaching a literate person on a good business concept. It is also closely related to social work. Some people do it as a part-time business or as part of their student life.
In Bangladesh, there is a tremendous demand for effective student counseling and grooming. So, if you have a solid academic background as well as excellent English pronunciation, you can consider coaching and spoken English classes. Education always pays off.
In Bangladesh, there are many English medium schools and numerous international and English book online sites.
You can begin at home and gradually rent a room for the coaching center, appointing other trainers as needed.
Agro-Based Business Ideas in Bangladesh
Agrovet Companies help our country grow. It mostly deals with dairy, poultry, and fish products. Fish products are sometimes called Aqua Products. All companies maintain product quality and are committed to providing quality products for animal health. It is the business social responsibility to ensure good agricultural products.
We need sufficient nutrition from feed mills to succeed in poultry and fishing. To increase output and employment in Bangladesh, feed mills must provide quality products.
21. Poultry for Eggs
In Bangladesh, poultry farming is a centuries-old tradition. It’s still in high demand, and the profit margins are still healthy. Bangladesh is an agricultural country, so this is an excellent business concept. You’ll need the right location, the right breed of hens, the right food, and the right amount of attentiveness. However, before you begin your business, you must have adequate instruction and training.
22. Poultry Broiler
Bangladesh, like any other country, has a strong chicken market. This is a highly profitable enterprise for you. You must also choose a calm location, a high-yielding variety of birds, food, an appropriate poultry house, and an appropriate farming system for this enterprise.
23. Fishery
Bangladesh is a country that is near rivers and likes fish. Most of the time, fish can be caught in almost any kind of water. You can choose this business idea for more money. You need to pick a place that doesn’t have many slopes or is likely to flood.
Having a separate pond for fish farming is better than having a pond that you use for other things. Then choose the kind of fish that fits where you live and what people want. Take care of them and feed them well. After you get the fish that are ready to be sold, sell them at your nearest market or where it is easiest and most profitable for you to do so.
For your general concept, you can check the lists of Fish Hatchery in Bangladesh.
24. Bee Farming
In Bangladesh, honey is a highly prized delicacy. As a result of this, commercial beekeeping has a better chance of success. Bees produce a wide range of products, including honey-like beeswax, royal jelly, and pollen, which can all be sold as well.
The first step is to choose a place where honey may be produced most efficiently. In order to collect honey from beehives, you’ll need a team of competent workers as well as a few specific instruments. Buyers can only be attracted through effective personal and professional connections.
25. Dairy Farming
People in Bangladesh are getting older and need more milk, which means that the price of milk will go up. But there are a lot of reasons why the production isn’t very good. This could be a good time to start this business and make money. You need to be careful and talk to experts like agriculturists, veterinarians, financial planners, and so on.
There are still some things to do, like choose a breed, get feeds and waste management, and find a market for what you’re making. They also make milk, calves, and meat. Dairy cattle make a lot more than just milk. They make manure and methane, as well as by-products like leather.
Small Manufacturing Business Ideas in Bangladesh
26. Start a Bakery
In Bangladesh, there is a high need for bakery products. Though the market is a little competitive, there is still a lot of room for profit in bakery manufacturing provided it is organized creatively.
For your general concept, you can check the list of bakery & confectionery in Bangladesh.
27. Spice/ mustard oil Manufacturing
Spice/mustard oil is a common culinary item consumed by the majority of Bangladeshis. With a modest investment, you can establish a small-scale spice or mustard oil manufacturing business. It can meet local demand.
28. Disposable Paper Plate/ glass
In Bangladesh, disposable paper plates and glass have been in high demand for some years and are projected to continue to rise. To establish a paper plate manufacturing firm, you only need a small amount of money and a small amount of space.
29. Hand Sanitizer Manufacturing
The sale of hand sanitizers has increased dramatically since the covid-19 outbreak. Hand sanitizer production is one of the most successful manufacturing business ideas in Bangladesh right now if you have the necessary expertise and understanding.
30. Face Mask Manufacturing
Since the covid-19 outbreak, the sale of Face Mask has skyrocketed. Face masks are in the same boat. Face masks require very little capital to create, and there is a large domestic market for the product.