7 Small Business Ideas in Bangladesh With Low Investment
Bangladesh is a country of more than 170 million people. Its rapidly growing economy, supportive business environment, and low cost of living make it incredibly cheap to start a business with low investment. However, there are still 3.98 million unemployed people seeking jobs. Some of them are interested in starting their own businesses, but they lack capital.
But only some businesses need a lot of capital to get started. In this guide, we have selected 7 small business ideas that you can start with a low investment in Bangladesh.
Home-Based Catering Business
Catering is a great small business idea for you if you like cooking. It’s a huge untapped market in our country. You don’t need to own a whole restaurant or make a large capital investment to start a catering service. All you need is a nice, clean kitchen to get started. Home-cooked meals are healthier and cheaper compared to restaurants or takeaways. That’s why many people prefer them. Catering businesses usually have advance orders, meaning you can plan the inventory and workflow accordingly. You can focus on different catering services, such as office events, house dinner parties, order-in sandwiches, and much more.
How much you can make: BDT 20,000 to BDT 50,000 per month
How much does it cost to start: BDT 10,000 to 50,000 BDT
How long does it take to build: 1-3 weeks
Dropshipping Business
Dropshipping is a form of e-commerce model where you don’t need to handle the products you sell. All you need to do is choose a good product supplier to make sure that products are available and shipped on time. Then, you’ll need to build an online store with pictures and descriptions of the products you want to sell. The products themselves will stay with the wholesalers or manufacturers until sold. When someone orders a product through your website, you forward it directly to your wholesaler or manufacturer. They handle the packaging and shipping to the customer. In dropshipping:
- You don’t need to invest a lot of money in inventory.
- You don’t need a stock room.
- You are free from logistics.
This flexibility makes it a great small business idea. However, it also has some challenges, as you can get caught in supply chain issues, or your customer might need support with their new product.
How much you can make: 10,000–50,000 BDT/month
How much does it cost to start: BDT 5,000–20,000 BDT
How long does it take to build: 7–30 days
Juice Bar Business
People love juice in Bangladesh, especially in the hot summer weather. A fresh glass of fruit juice can quench your thirst and give you a refreshing feeling. A well-located juice bar with cozy seating and decor can attract a steady stream of customers. You don’t need much investment to start a juice bar business. Just find a good location and create a nice environment for your shop. Most of the investment in a juice shop goes into buying blending machines and packaging materials. You can easily source seasonal fruits for a juice bar, which customers often prefer.
How much you can make: BDT 1,00,000 to BDT 2,50,000 monthly.
How much does it cost to start: BDT 3,00,000 and BDT 10,00,000.
How long does it take to build: 20 to 30 days
Coffee Shop Business
Coffee has become popular among younger generations in both cities and rural areas, especially in Dhaka. Setting up a coffee shop is also simple. First, you need to choose a perfect location that has a dense population and a place where you can run the business long-term. Before starting the business, you also need to decide what type of coffee shop you want to open. There are different types of coffee shops in Bangladesh with various flavors. For example, black coffee, cappuccino, latte, americano, doppio, espresso, cortado, red eye, and many more.
How much you can make: BDT 3 to 10 lakh
How much does it cost to start: BDT 5 to 10 lakh
How long does it take to build: 30 to 60 days
Customized Gift Shop Online
This business plan is unique from all other business plans discussed in this article. People enjoy buying customized gifts for their loved ones. In recent times, it has become really popular to gift customized cover printing chocolate, customized cover diaries, customized phone cases, mugs, and T-shirts.
Starting a customized online gift shop has a lot of flexibility. You can source products from local markets to global supplies from the comfort of your home. You only need a reliable social media platform to market your product and drive traffic to your store. If you like crafting customized gift products and enjoy others celebrating their special moments, this might be the best small business plan for you.
How much you can make: BDT 50,000 to BDT 100,000
How much does it cost to start: BDT 100,000 to BDT 200,000?
How long does it take to build: 15 to 30 days
Mobile Repair Business
As mobile phone ownership is rapidly increasing, the demand for mobile repairs is also high. To start your own mobile repair business, you need to train for a few months, and then you’re ready to set up your shop. These types of mobile repair shops are usually in busy market areas. Successful mobile repair shops rely on technical skills and excellent customer service. You can also offer additional services like selling mobile accessories, installing protective screens, and providing software updates to increase revenue.
How much you can make: BDT 30,000 to BDT 1,50,000 monthly
How much does it cost to start: BDT 50,000 to BDT 2,00,000
How long does it take to build: 30-60 days
Courier Service Business
Currently, Bangladesh has more than 2,500 e-commerce sites and 150,000 e-commerce pages, creating a demand for reliable delivery services. To start a delivery business, you will need to invest in a reliable vehicle like a van or truck and hire and train delivery personnel. You’ll also need to track and monitor each delivery. To succeed in this business, you’ll need to offer competitive pricing and exceptional customer service. Overall, starting a delivery business can be profitable, but you need to be organized, customer-focused, and have a reliable vehicle to maintain operations smoothly.
How much you can make: BDT 60,000 to BDT 100,000
How much does it cost to start: BDT 200,000 to BDT 500,000
How long does it take to build: 30 to 60 days
Final Thoughts
When you are deciding on the right business idea to pursue, choose one that is:
- Doable: You have the right skills and resources to provide the service yourself.
- Affordable: You can start with the money you have or can access.
- Lovable: You would enjoy working in the business most of the time.
- Profitable: The business should make a sustainable income to support your needs.
Now, it’s your turn. Tell us which small business idea fits your goals and what you’re planning to launch. If you have any questions about these business ideas, feel free to ask in the comments.
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