Small businesses ;

One that is independently owned and operated and is not dominant in its field of operation.

[Source: ,Business 21st Century written by SKINNER IKANCEVICH]

Definition of Small Business in the concept of Bangladesh;

Small Industries means an Industrial establishment or unit which is run mainly by hired labour and doesn't
normally employees more than 50 workers and whose land, building and machinery doesn't exit 1-50 Lakhs in
value

According to Small Business Policy 2017 here are some important information given below_

Definitions In Manufacturing industries In Service industries

1. Medium Size industries  Asset- Tk 10 Crore to 30  Asset- Tk 1 Crore to 15

2. Small Size industries
3. Micro-size industries
4. Cottage Industries
[Source: Bangladesh Small Business Policy 2017, Daffodil University>Faculties Departments>Business and
Entrepreneurship>Business Administration>Definition of Small Business in the context of Bangladesh]
Crore(Including land,
factory building but ,
Excluding replacement
value.)
 Employees: 100 to 250
peoples.
 Asset- Tk 50 Lakh to Tk
10 Crore(Including land,
factory building but ,
Excluding replacement
value.)
 Employees: 25 to 100
peoples.
 Asset- Tk 5 Lakh to 50
Lakh(Including land,
factory building but,
Excluding replacement
value.)
 Employees: 10 to 25
peoples.
None
Crore(Including land,
factory building but,
Excluding replacement
value.)
 Employees: 50 to 100
peoples.
 Asset- Tk 5 Lakh to 1
Crore(Including land ,
factory building but,
Excluding replacement
value.)
 Employees: 10 to 25
peoples.
 Asset- Tk 5 Lakh to 1
Crore(Including land,
factory building but ,
Excluding replacement
value.)
 Employees: 10 to 25
peoples.
 Asset- Tk 5 Lakh to 50
Lakh(Including land,
factory building but,
Excluding replacement
value.)
 Employees: 10 to 26
peoples.
Small Business Ideas & Opportunity in Bangladesh 2020
If you are looking for business ideas in Bangladesh or going to start a new small business in Bangladesh you have
come to the right place. In this article, I have shared 30 small yet high profitable business ideas in Bangladesh.

Now, Bangladesh is growing rapidly and this is the right time to start your business. There are many small
entrepreneurs who want to start their business but lacking ideas. In this article, I have tried to provide you the best
business ideas that you can easily start in Bangladesh. So, here are the top 30 small business ideas in BaThink
about finance: Capital plays a vital role in starting any business. If you at least 30% capital of total investment then
you can apply for a loan. But I always recommend skipping taking a loan for starting a new business from scratch.

Planning your steps: Planning each step of your business is highly recommended. Not only how you are going to
execute the business but other things as well like initiative cost, product import, labor, location, and marketing
strategy

30+ Small Business Ideas in Bangladesh 2020

Starting a new business is not a joke so it’s very important to understand and focus on each and every aspect of
the business. If you can draw a blueprint of the business then it will definitely help you get success quickly.

Here I’m sharing a few steps that you need to consider before starting your business_

 Start with doing research of your market potential

 Analyze and try to understand the competition
 Hire people if required
 Choose the right location
 Don’t neglect marketing
1. Servant Agency

[Source: http://www.sondhan.com/listing/bangladesh-maid-agency-567634f896304.htm]

providing servants to homes, offices, and private hotels are the idea. If you have management skills and willpower
then you can start this business. Basically, you are providing jobs to the seekers and servants to clients. The initial
cost is almost nothing but you may have to rent an office to register your company.

Mission: To provide best possible service to all our customers in order to enhance the work environment with
guaranteed service and the highest level of efficiency.
Vision: To be recognized as the leader and best service provider in the field of Manpower Agency service to all
clients in the corporate, residential and commercial sector.
[Source: http://www.bangladeshmaidagency.com/aboutus.php]
2. Book Store
In recent days, you will see that the demand for books is rising gradually. Apart from academic
books, there are other useful books that people are loved to read. If you are a book lover like
me then you should definitely start your book store. Also, books have the highest margin
among other businesses.

3. Ticket Booking Service

Ticket booking may seem easy but not for everyone. By starting a ticket booking agency you are
solving a problem for people who are unable to book tickets online. You can book tickets for
buses, trains, flights, etc.
4.Tea / Coffee House

Starting a tea/coffee house in a small area is a highly profitable and budget-friendly business
idea. Design it like an expensive tea/coffee house but make sure the price is reasonable for
customers. If you can do this, I’m sure people will come to spend quality time in your tea/coffee
house.

5.Custom Gift Shop

I know how difficult to find out the right gift for someone special or for special occasions. By
starting a custom gift shop you are solving a big problem. You can customize gifts for special
events like birthday, anniversary, wedding gifts, parties, etc.
6. Event Organizer

From small to big you have to arrange everything as an event planner. The demand for this
business is endless. There are many small to big events that you can arrange like birthday
parties, political events, kitty parties, official events, anniversaries, etc.

7. Catering Service
With the highest profit margin, this is one of my favorite business ideas on the list of 30
business ideas in Bangladesh. Different people have different opinions about the catering
business.

Let me tell you that it’s nor hard neither an easy business. Proper planning and practical
experience are highly required to succeed in the catering business.

8. Mocktail Bar

Starting a mocktail bar is another hot business opportunity in Bangladesh. It’s a non-alcoholic

drink made by combining different types of fruit juices or soda. Also, you can offer services to
weddings, parties and other festivals to increase your income.

9. Coaching Center
Teaching is the best profession in the world if you are qualified enough. Coaching centers can
be started from small to big scale. Initially, you can start it from your home and gradually you
can expand and give it a proper look at a coaching center by renting a medium-size room. Also,
you can appoint more teachers to increase your revenue.

10. Hair Salon

Starting a hair salon is very easy and cost-effective. Nowadays, men are equally paying attention
to their grooming, thus the demand for hair salon has been increased rapidly in recent years.
An average hair salon earns about 1,000 to 1,500 Bangladesh taka daily.

11. Beauty Parlor
In Bangladesh, starting a beauty parlor is a wise business idea. For any woman, a beauty parlor
has become an essential part of their life. Keep in mind that beauty parlor high profitable and
competitive business. So, before investing it’s advisable to gain some practical experience and
knowledge beforehand.

12. Electronics Repair Shop

The electronics repair shop is one of the top opportunities in the list of 30 business ideas in
Bangladesh. If you have knowledge and skills in the electronic field then you should definitely
consider starting this business. Apart from repairing you can also electronics items to increase
your income.

13. Mobile Accessories Shop

There are many shops like this but I’m talking about a shop that has almost everything related
to mobile phones like charger, back cover, earphones, battery, etc. This type of shop works
best if there is no or less competition around you.

14. Tailoring Shop

Starting a small tailoring shop in Bangladesh is another profitable business idea. If you have
knowledge and skills of sewing then good otherwise you have to hire a professional for the job.
There are different tailoring sections but I recommend you to go with ladies garment tailoring
for high revenue.

15. Cooking Classes

One of the best business options for home sitting ladies. If you cook delicious food then you
should consider starting a cooking class. Initially, you can start giving cooking classes at your
home and once you get a good number of students you can rent an apartment to expand your
business.

16. Spoken English

As you know the importance of the English language is increasing gradually thus the demand
for spoken English tuition is increasing too. If you have knowledge and expertise in the English
language you can easily start your own coaching center. Also, there are many online platforms
where you can teach too.

17. Life Insurance Agent

Don’t underestimate this business. Initially, you may not make much but once you build up your
client base you will get about 10 to 15 percent of their EMI. Also, you can start this business
alongside your job too. For more information “click here”

18. Fast Food Shop

Food is always my friend’s business idea in Bangladesh. It’s an evergreen business that has no
downside at all. Starting a small fast food shop near a roadside area is highly profitable.

19. Soda Shop

This is another hot business opportunity in Bangladesh. The best part of the soda shop business
is that you can start it with small capital investment. I would recommend you to find out a place
for your shop near a school, college, or a running road.

20. Laundry Service

Laundry service aka dry cleaning service is a highly profitable and low-cost startup idea in
Bangladesh. Nowadays almost everyone is busy with their lives and do not have enough time to
laundries at home thus they prefer laundry services.

21. Pickle Making Business

This is a home business idea that has been modified with time. Still, you can start pickle making
from home and then expand it as requires. The demand for homemade pickles is always high
compared to others.

22. Papad Making Business

Usually, papad is famous as an appetizer and getting popular day by day. You can start this
business manually as well as with small custom machines. The initial cost of papad making
business is very low and it has huge market potential.

23. Career Counseling

Career counseling is very important for every student. Most of the students don’t have any idea
about their future and which type of job or business they actually want to do. By starting a
career counseling service you can provide a way to the upcoming generation.

24. Fresh Juice Shop

Fruit juice shop is a lucrative business idea that offers high profits in a small time. Fresh juice is
a more favorable comparison to the packaged one. Initially, you can start this business by
renting out a shop near the roadside place. Apart from fresh fruits, you will also have to
decorate it to look attractive.

25. Pest Control Service

Pest control service includes removing harmful bugs, insects, cockroaches, reptiles, etc from
homes. You can start this business from home but commercial pest control service is more
successful.

If you do not have any prior experience on this then I would recommend you to get some
practical experience and you may also have to register your company and get the license to get
started.
26. Automobile Repairing

Starting an automobile repair shop is another small yet powerful business idea in Bangladesh. 
Automobile repairing is the most successful small business until now. If you have knowledge
and expertise you can repair them yourself otherwise you may have to hire a professional
engineer for the work. Still, it’s one of the highly profitable business ideas.

27.  Babysitting Agency

In modern days the demand for a nanny has been increased rapidly because women are also
working in the office to support their family. Starting a babysitting agency is a great way to
make a good amount of money. You get a commission every time your client pays the nanny.

28. Security Agency

Starting from office to private apartments almost everyone needs a security guard. By starting a
security agency in your locality you can solve the problem of security guards. You can train your
security guards to handle all types of conditions. By doing this you can charge high from your
clients.

29. DJ Service

Nowadays almost every party requires a DJ setup. You can start the DJ service business with a
budget. The demand for DJ services is very high in metro cities as well as it has good income
too.
30. Mobile Phone Repairing

Mobile phone repairing is still one of the most highly profitable businesses in Bangladesh. The
best part is that you can start this business with a very small investment. Initially, the business
may not do very well but gradually with time it will hit the spot. A mobile phone repairing shop
in my locality earns about 2,000-3,000 taka daily.

Conclusion

So, that’s the wrap on the list guys. I hope the list of “30+ Small business ideas in Bangladesh”
will definitely help you choose your business. One thing that I want to tell you is that don’t think
too much just choose a business and go with it. Also, I would always recommend you to gain
practical experience in the business beforehand to avoid small problems.

[Source: https://www.businessmaza.com]