Resources
Make More Profit With NetworkBD's Unique Business Ideas
With our pocket guide to Bangladesh’s trendiest business ideas, you can live out your entrepreneurial aspirations. We NetworkBD is your trustworthy partner who ensures you a unique business idea so that you will be successful and profitable within a very short time.
In Bangladesh, there are a plethora of profitable business opportunities. Because Bangladesh is largely an agricultural country, agro-based business concepts are particularly appealing to you. Most economic metrics in Bangladesh have improved significantly in recent years. In Bangladesh, the future appears to be even brighter for company ideas. Bangladesh’s GDP growth rate is expected to reach 8% in 2020, according to the World Economic Forum. Although competition is fierce, with the right company idea, you can succeed. If the global epidemic has sparked your entrepreneurial spirit, here are a few business ideas to get you started in Bangladesh.
10 Most Profitable Business Ideas in Bangladesh
1. Fast Food Shop Business:
This is Bangladesh’s most popular business ideas. Everyone enjoys eating and wants to try a variety of dishes. However, you will be in charge of a large sum of money. If you want to establish a business in a big city like Dhaka or Chittagong, this is the best business ideas for making a lot of money. You can easily thrive in this company concept if you provide good taste and service.
2. Fashion House:
Starting a fashion house could be an excellent alternative for your business ideas because Bangladesh is a garment exporter country with a long history of readymade clothing. We discovered that fashion houses are doing well during our investigation. Among the youth in the city, there is a tendency of wearing non-conventional clothing. You don’t have to look back if you can design gorgeous outfits like a Panjabi, a shirt, a salwar kameez, or a three-piece.
3. Cosmetic Shop for Girls:
Cosmetics for women are quite important. Every girl requires some form of makeup. The primary customers for the cosmetics industry are the girls who are interested in cosmetics. As a result, you will be able to run and build your business in a short period of time. However, in this line of work, your demeanor must be impeccable. You’ll need a lot of money to get started in this industry, and the products are extremely delicate. You can also run your online shop to earn a lot of money and grow quickly.
4. E-Commerce:
Bangladesh’s 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. 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.
5. Coffee Shop:
Many individuals in Bangladesh are now accustomed to drinking coffee. However, in comparison to the demand, there are few coffee shops. Coffee has become well-known in both cities and rural. Essentially, it is a fantastic chance for Dhaka.
Coffee comes in a variety of flavors, including black, latte, cappuccino, americano, espresso, doppio, red-eye, cortado, lungo, and so on. You can hit the consumers if you can brew several sorts of coffee here.
6. Travel Agency:
Cox’s Bazar, Jaflong, Sylhet, Bandarban, Rangamati, Saint Martin, Sundarban, and other areas in Bangladesh are popular tourist destinations. You can provide a package of trips to numerous locations for a reasonable price that is less than the cost of a single visit. Appoint a guide to assist tourists in seeing the sights and appreciating each moment. You can hire a band to keep you relaxed, reserve a good hotel, and navigate every step like a businessman. You can begin promoting your company online.
7. Courier Service:
Despite the rise of online communication, certain documents and items must be transported via courier service in order to be delivered quickly and without fuss. Courier services are also in high demand in Bangladesh. As a result, you can begin your courier service business right now. For this business, there are a lot of needs. You must select an appropriate office location, hire qualified personnel, organize vans, and effectively market your business.
8. Freelancing Training Agency:
Due to Bangladesh’s high unemployment rate, freelancing is becoming increasingly popular. Bangladesh is the fifth-largest freelancing market in the world. Now, the kids are attempting to do something on their own. You can use your freelancing agency to aid children and unemployed people while also making a lot of money on the product.
9. Furniture Shop:
If you have adequate money, customizing a furniture store is a terrific option. People nowadays choose not to purchase ready-made furniture. Customers desire to personalize their furnishings. Furniture is required to beautify any home, workplace, outlet, shop, or organization. As a result, demand is increasing over time.
10. Professional Service:
Professional service businesses such as HR consulting and training, as well as income tax services, can be started by educated persons. Other services include auditing, legal advice, business consulting, and risk management. If you want to start a business in Bangladesh, get networkbd’s Business ideas easily. You can undertake financial consulting, engineering, and a variety of other things.
From Concept to Execution of Ideasfor Business We Are With You
Starting a business from the ground up doesn’t have to be a nightmare. Company formation, licensing, accounting services, and even website creation are all basic activities that can be outsourced. With its portfolio of configurable business solutions, we can assist you in creating with our Business ideas of your dreams.
To get started on incorporating your business or to learn more about feasible business alternatives, contact us now.
What Makes NetworkBD Different For Unique Business Ideas?
1. Paying Attention to Details
What sets us apart from the competition is our attention to detail, timeliness, and project management expertise. We’re resourceful while keeping an eye on the clock and your budget.
2. A Strategy for Success
You’re looking for results. We’ve discovered that conducting preliminary research – on your organization, rivals, target market, and client psychographics – is the most effective approach to obtain them. We offer a strategy only once we have a thorough understanding of you and your clients.
3. Creativity
We provide to your firm our wide background in advertising, design, branding, public relations, research, and strategic planning. Your materials will not only look fantastic, but they will also provide results.
4. Pricing
Our pricing is reasonable and competitive. There will be no unexpected bills. You must approve any unexpected or increased charges in advance. That’s how we’d like to be treated, and it’s how we treat our clients.
FAQs
1. How do you come up with new Business ideas?
- Promote an innovative culture. This requires a culture that encourages employee participation and trust, as well as a willingness to try new things, adapt, and learn.
- Identify problems and brainstorm solutions.
- Validate.
- Put into action and scale up.
- Keep track of your progress.
2. How much money should I put into my business at the start?
As much as you can afford, and enough to keep you afloat for at least 6-9 months if you lose your job. What you’ll discover is that getting revenues always takes longer, and you’ll have more expenses than you anticipated.
3. How likely is it that I'll be able to secure venture capital funding?
It’s highly unlikely. After you’ve completed a product, gained some traction, and assembled a strong management team, you can look into venture capital.
4. How do I come up with a catchy name for my company?
This is a difficult situation. Begin by coming up with a variety of names. Then use Google to see what’s already been taken, which will eliminate 95% of your options. Make it as simple to spell as possible. Make it fascinating. Don’t choose a nonsensical name that no one will understand (with all due respect to names like “Google,” “Yahoo,” and similar names). Look up the name in the trademark/tradename database. Then double-check that you can obtain the domain name. Hiring a name consultant like Network BD is a good idea.
5. What are the most common blunders made by new business owners?
- Starting with insufficient funds
- Assuming that success will come quickly
- Not carefully budgeting
- Not focusing on the product or service’s quality
- Ignoring the significance of sales and marketing
- Failure to adapt or iterate quickly enough
- Ignorance of the competitive landscape
- Ignorance of legal and contractual issues
- Hiring the incorrect personnel
- Overcharging for a product or service