1 Lakh Rupees Investment Business In Pakistan
Pakistan is one of the world's fastest-growing markets. For individuals to earn money, doing business in Pakistan with a 1 lakh rupee investment is the best idea. It takes a lot of effort and hard work to start a business, but if the money needed to invest in that company is very small, it gives many people the chance to go there.
Many passionate entrepreneurs are held back by many assumptions about starting a new business in low investment. A 'start-up' in low investment is a newly formed, and typically small-scale, company. Studies show that 20 percent of start-ups fail in the first year, and just 50 percent grow until the fifth year. It isn't easy to start your own company. The most challenging thing is taking the first move. But it can offer great pleasure and relaxation once you start seeing good results.
If you don't have a big budget to start a business of your own, don't think about it. Here we will discuss a list of business ideas that you can start in one lakh rupee and earn money. There are two significant challenges that people who want to start their own company or business in low investment face.
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One is the lack of investment, and the other is a viable business concept.
The ultimate future is entrepreneurship. There are more and more individuals preferring business over jobs. In Pakistan, we will discuss some unique and profitable business ideas that need only 1 lakh investment. These are:
- Event/Wedding planner
- Tour/Trip planner
- Real Estate
- E-Commerce
- Courier Service
- Home-made food
- Fish farming
- Poultry farming
Event/Wedding Planner
Event management is also a successful and profitable business to start, but it requires a large investment. Here, we are going to tell you how to start a 1 lakh rupee event management business.
The wedding planners share your responsibility and professionally coordinate all the weddings so that the guests will remember this event in the coming years. In Pakistan, different wedding planners work either individually or in a team on a 1 lakh budget.
A wedding is an occasion held worldwide for one day, in Pakistan, consisting of 2 or 3 days function. Before their marriage, people are busy purchasing clothes and other items. So a wedding planner helps people in the organization of the celebration.
For the wedding planner business, firstly, you should create a strong portfolio for attracting clients. Create a wedding planner website, add a portfolio list with clients on the website. Also, make an ad by banner and flyer for advertisement. Share this ad on all social media accounts. Make a good connection with low and friendly budget wedding halls. The total investment in this business is around about 1 lac. Working as a wedding planner company, you can earn a high amount monthly.
Tour/trip planner
In Pakistan, a travel/tour company operates extensively and actively for individual or group trips from one city to another city in Pakistan. Typically, Pakistani people travel out of the city to attend a diplomatic/personal event and family reunion for educational purposes, entertainment trips, religious tours, business, and work plans.
People from within the country and from abroad prefer to visit Pakistan's northern regions. If you are from an area like that or meet someone who has an idea, you can start work on various tour packages and open a travel and tour agency.
It is not a simple and easy business. Once you start work and dig deep into it, you will realize that taking a group of people to a place and getting them back safely requires a lot of effort and planning. It's easy to be an online travel agent or consultant. This way, you can work from home. You're going to have to work as an advertiser and sell online tickets.
For some of the popular tours in Pakistan, such as the K2 Base Camp Trek, many companies in Pakistan charge for the tour and earn money. You can do that too by spending only up to 1 lac rupee in the beginning.
Real estate business
In 2010, demand for residential properties in Pakistan developed, leading to increased interest among owners and developers in real estate. If you are an extrovert and have dealing and convincing skills, you are perfect for the Real estate business. It is a business of purchase and sale of the plot. It can be profitable to work in the real estate industry if you deal wisely with the clients.
You can get money as a commission agent. You have to take calls and meetups with clients all day. But there is the opportunity to earn good money. After some time, you can start your own real estate agency and earn more money. For more clients and advertisements, you should create a website. Spread your business ads through social media for more clients. Make a strong and friendly connection with peoples. This way, this business will only require 1 lac investment in Pakistan.
Since 2017, there has been a real estate downturn due to political disruption and economic and financial policy uncertainty. A general rule to start-up the real estate business is to look out for a less costly plot than market it. It may be because of different factors, such as a person has to make a further payment and is trapped, so a person could travel, sell the properties.
There are five main categories of Real estate in Pakistan.
- Residential
- Industrial
- Commercial
- Special use
- Raw land
Many universities offer courses about Real Estate in Pakistan for business. If you have an interest in this business, you can enroll yourself in such courses.
E-Commerce
E-commerce is a very highly preferable business. Internet shopping has now become prevalent. E-commerce is the online market of products through a website and social media. You can purchase various types of products (technology, clothes, shoes, accessories, books, etc.) by ordering them online.
In this business, you don't have to open a shop, so you don't have to wait for customers in the shop. You don’t have any worry about pay any rent and bills. You just need to create your website where you display your products. Around Rs.1 billion is required to start the e-commerce business in Pakistan, but the growth rate is exponential.
You can sell and spread your business online. If you're interested in this business concept, you can learn more business skills and earn more money. You can start this business from a small office and some guys on a commission basis with you. Start with the rental portfolio first and jump into the sale/purchase department slowly with time.
You can purchase products from suppliers and contract with courier services for cash on delivery. Make banners or flyers about your business and spread them through your social media accounts. This business requires approximately 1 lakh of investment in Pakistan. There are many markets or websites in Pakistan for online selling products like Daraz.PK. You can also register your account at any such online store, and you can earn money online.
Courier service business
In Pakistan, the courier service sector has expanded in all cities. For this business in Pakistan, you need to hire some people or assistants who know about courier services. It is a highly responsible business because you need to manage very well, and you must also ensure that courier items reach a destination within time and without any problem.
A courier offers its services to a range of customers, including law firms, banks, and hospitals, with door-to-door delivery services. Many employees, mostly in large urban areas, specialize in local supplies. Such companies also offer Same-day or one-hour delivery options. Delivered packages may include any kind of documents (financial and legal), medical report samples, passports, etc.
To start the courier business, you need to decide the location for this. The company's location should be in an environment where offices and other forms of companies are heavily populated. For this business, you need a team of delivery boys who can collect and deliver couriers to the target places. An effective team of boys and delivery on time is the main requirement for this business. A small team like a group of 3 boys is enough to start up the business.
At the initial stage, you need approximately 1 lac for this business. A business can receive 10 percent profit from one customer, 50 percent from the second customer, and even 100 percent from another as the business agrees with their customers per kilogram rate depending on the number of parcels they deliver, and it varies from customer to customer.
If you start this business on a small scale initially in one city, a 1 lac investment will be enough.
Homemade food
In this business, one or more dishes can be prepared at home and delivered to the customer's door. With rising awareness among Pakistanis of healthy eating, home-made food is often preferred. Thus, you can start such a small business with a low investment in home-made food preparation.
It is a very highly profitable business idea to continue within Pakistan. You can make any kind of dishes like Desi food, special cakes, types of pasta or fast food. You can sell homemade butter, milk, cheese too. It depends on your expertise and the budget you have. It is a perfect business idea in 1 lac rupees in Pakistan.
In the 1 lakh budget, you can start this business with one particular dish, for example, Sindhi biryani, at home. Prepare a good and healthy meal for delivery. Good packing would result in more reference-based buyers. If you want your business to have an online presence, you should make an online page to let these people know about your services. Share your advertisement ad on all social media platforms.
You will need a delivery boy for your services. After some time, you can also make the team for delivery and spread your business.
Fish Farming
In Pakistan, fish farming is a highly profitable idea in the market. Anyone can start fishing with a limited budget and can find a market near their area. You can begin fish farming with a small amount of money as 1 lakh. In this business plan, we will explore how you can set up a fish farming business successfully.
This fish farming business would base on preparing the site, obtaining two ponds, fertilizing the ponds within 2 weeks, purchasing 500 fingerlings for each of the ponds, feeding them twice a day until maturity at 6 months. Then, start selling them in the market. You can stock the ponds again after you have sold off the previous fish and repeat the process of fertilization and selling.
If you do not want to feed them with food, you can use nightlights under the water to attract a lot of insects into the water. The fishes will eat insects instead of food. This way of feeding of fishes will save you some money.
The Pakistan industry produces a great deal of money per year from fish farming through retail fish sales. The receipts produced by restaurants specializing in the selling of seafood often include these sales.
Poultry Farming
Poultry farming is the most profitable and suitable business with 1 lakh investment in Pakistan. It is a continuous source of income, and you can make more money. It is not seasonal, and for the entire year, it can produce income. Chickens lay eggs between 6 to 8 months, and you can earn money just by selling the eggs. Nowadays, egg farming is also a profitable business in Pakistan. At the same time, broilers take only 6 to 10 weeks to bring in income. It is for people who are passionate about holding birds, livestock production, and who are familiar with farm life and poultry farming.
For the start-up of this business, the main thing is to choose the production type. You can select broiler chickens for meat production and choose the layer to the egg farming business. The location of the poultry farm is very important. You should select a place that has all the necessary facilities and is beneficial for your farm.
Transport systems and medication facilities are most important for poultry farming. Cages, Nests, Crates, ventilation systems, Feeders are the main types of poultry farming equipment. Purchase chickens and feed them healthy. Different kind of feed is available in the market for chickens.
Marketing strategies are essential factors in business. If your marketing skill is good, then you can spread your business efficiently. If you can easily sell your products on the market, it will inspire you to produce more.
So now you know many businesses that you can start with only one lakh. Start a business, and you will earn good profits if you implement proper business strategies.
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