Starting a small business in Bangladesh is not as difficult as it may seem. You can start a successful business in this beautiful country with the right planning and execution. Here are 26 small business ideas to get you started. The economy of Bangladesh is growing at a rate of about 7% per year. The country has a huge potential for growth and development. If you are looking for some great small business ideas to start in Bangladesh, you have come to the right place. Bangladesh is a country with a lot of potential for entrepreneurs. There are many opportunities for businesses to thrive in this rapidly developing economy. There are many opportunities for entrepreneurs to start businesses in Bangladesh.
There are Several Benefits of Starting a Small Business :
- The cost of living is relatively low in Bangladesh. This means that you can live comfortably on a small budget.
- The labor cost is relatively low in Bangladesh. You can hire employees at a lower cost than in other countries.
- There is a growing middle class in Bangladesh. This means that there is a growing market for goods and services.
- The government of Bangladesh is supportive of businesses and entrepreneurship.
The government offers various incentives and programs to support businesses. Now let’s look at how to start a small business in Bangladesh.
Benefits of starting a Business in Bangladesh
Starting a small business in Bangladesh comes with several benefits. For one, the cost of starting and operating a business is relatively low compared to other countries. The booming economy and growing middle class also provide a ready market for many products and services.
Another benefit of starting a small business in Bangladesh is the availability of skilled labour. With a large population, there is no shortage of people looking for work. And with a young population, there is a large pool of educated and skilled workers.
Finally, the government supports small businesses and has implemented several policies and programs to help them thrive. These include providing access to credit, easing tax burdens, and offering training and mentorship programs.
26 Best small business ideas in Bangladesh :
01: Blogging as a Business
If you are passionate about writing and sharing your thoughts with others, then blogging could be the perfect business for you. You can start a blog on any topic that interests you. For example, you could start a travel blog, food blog, fashion blog, or technology blog.
To start a blog, you must choose a platform such as WordPress or Blogger. You will also need to choose a domain name and hosting plan. Once your blog is set up, you can start publishing content and promoting your blog on social media platforms such as Facebook, Twitter, and Instagram. According to our list, this is the Top business idea in Bangladesh.
02: Garments Lot Business
Bangladesh is one of the leading garment manufacturers in the world. There are many opportunities for entrepreneurs to start garment businesses in Bangladesh. You can start a garment business by setting up a small manufacturing unit or by sourcing garments from manufacturers and selling them online or through retail stores. This is a small manufacturing business idea in Bangladesh.
To start a garment business, you must have some capital to invest in machinery and equipment. You will also need to find suppliers of fabric and other materials. Once your business runs, you can start marketing your products to retailers and wholesalers. According to our list, these are 2nd Top business ideas in Bangladesh.
03: E-commerce Business
E-commerce is one of the fastest-growing industries in Bangladesh. There are many opportunities for entrepreneurs to start e-commerce businesses in Bangladesh. You can start an e-commerce business by setting up an online store or selling products through online marketplaces such as Daraz and Evaly. These are small business ideas in Bangladesh with low investment.
E-commerce is one of the most popular business models in Bangladesh. There are numerous advantages to starting an e-commerce business, including the low cost of entry, the wide range of potential customers, and the ability to reach a global market.
To start an e-commerce business in Bangladesh, you must register your business with the Bangladesh Trade and Investment Board (BTIB) and obtain a business license. You will also need to set up a payment gateway and merchant account. Once your business is registered and operational, you must promote your products and services online.
Several ways to do this include social media, search engine optimization (SEO), and pay-per-click (PPC) advertising.
E-commerce businesses in Bangladesh can be very successful if they can tap into the country’s large and growing digital population. To be successful, you will need to offer products or services that are in demand, and that can be delivered efficiently to your customers.
You will also need a well-designed website that is easy to navigate and provides a good user experience. Finally, you will need to ensure that your prices are competitive and that your customer service is excellent.
04: SEO Consultancy
As an SEO consultant, you would help clients improve their websites to perform better in search engines. To get noticed online, businesses must ensure that their website appears as high as possible on search engine results pages (SERPs). This is where SEO comes in. SEO stands for ‘search engine optimization, and it refers to the process of optimizing a website so that it ranks highly in SERPs.
05: Social Media Management
As social media becomes increasingly important for businesses, more and more are looking for help managing their social media accounts. This is where you could come in as a social media manager. As a social media manager, you would be responsible for creating and sharing content, responding to comments and messages, and generally keeping the accounts active and engaging. You would need to have an excellent understanding of all the major social media platforms.
06: Start a Garments Lot Business
The garments business is one of Bangladesh’s most lucrative small business ideas. You can start this business with a very small investment. All you need is a shop or a space to store your garments. You can source your garments items from wholesalers or manufacturers.
Many wholesalers and manufacturers in Bangladesh sell their products at very reasonable prices. You can also contact overseas suppliers and source your garments from them.
Once you have sourced your garments, you can start selling them online or offline. If you want to sell offline, you can set up a shop in a busy market or mall.
If you want to sell online, you can create a website or list your products on popular e-commerce platforms such as Amazon and eBay. To make your business more successful, you can also offer customizations and alterations services to your customers. That will help you stand out from the competition and attract more customers. According to our list, these are 4th Top business ideas in Bangladesh.
07: Start a Fashion House
Fashion is a huge industry worldwide, and Bangladesh is no exception. Starting your own fashion house could be your perfect business idea if you have a passion for fashion and an eye for style. You need to keep a few things in mind if you want to start a successful fashion house in Bangladesh. First, you need to have a good understanding of the local market and what kind of clothes are popular with consumers.
Second, you need to find a good location for your store, preferably in a busy area with plenty of foot traffic. Finally, you must ensure you have a good selection of products and that your prices are competitive. If you can tick all these boxes, you should have no problem making your fashion house successful in Bangladesh. These are the new business ideas in Bangladesh.
08: YouTube as a Business
In Bangladesh, YouTube is a popular way to consume content; many people use it to watch videos on various topics. You can start your own YouTube channel and generate income through advertising revenue. To be successful, you’ll need to produce engaging content that Bangladeshi viewers are interested in watching. These are small business ideas for students in Bangladesh.
You can also generate income by partnering with brands and companies who will pay you to promote their products or services in your videos.
09: Affiliate Marketing Website
Affiliate marketing is one of the most popular ways to make money online and is also one of the most affordable. All you need is a website or blog and some basic traffic. You can then sign up for affiliate programs with well-known brands and earn a commission on every sale you generate.
There are many different affiliate programs available, so you’ll want to do some research to find the ones that are most relevant to your niche. Once you’ve found a few good programs, all you need to do is promote your affiliate links on your website or blog and start earning commission income.
You can also add affiliate links to emails and other marketing materials, which can be an effective way to generate sales.
Just be sure to disclose that you’re an affiliate in any promotional materials you use so your audience knows what they’re supporting. And be sure to promote products and services you believe in so you don’t damage your credibility. These are small online business ideas in Bangladesh. According to our list, these are 5th Top business ideas in Bangladesh.
10: Web designing as a business
As the internet continues to grow, the demand for web design services will also increase. If you have a web design or coding background, you can start your own web design business and cater to small businesses or individuals who need a website.
You can attract steady clients with the right marketing and good portfolio pieces.
You can also offer additional services such as SEO and social media marketing to help them get more traffic to their new site.
Starting your web design business is a great way to be your boss and make a good income. And with Bangladesh’s growing economy, now is the perfect start!
11: Fish Farm
Fish farming is a form of aquaculture, one of Bangladesh’s most popular food production methods. Fish farming involves raising fish in tanks or ponds, and it is a great way to produce fresh, healthy fish for consumption. Many different types of fish can be farmed, including tilapia, catfish, and carp. To succeed at fish farming, you will need to have a good understanding of fish farming and maintain a healthy environment for the fish. You will also need access to a reliable source of fresh water. Fish Farming is the best small business idea in Bangladesh 2023.
12: Duck farming
Duck firm is one of the most popular small business ideas in Bangladesh. Ducks are common in the country and are often raised for their meat and eggs. Duck firming usually involves raising ducks for their meat, although some firms also focus on producing eggs. Duck farming can be profitable if you find a market for your product. Remember a few things to remember if you want to start a duck farming business in Bangladesh.
First, you will need to obtain a license from the government. That is not difficult, but ensuring you follow all the necessary regulations is important. Second, you will need to find a good location for your business. Duck Farming is the best small business idea in Bangladesh.
Ducks need access to water, so you will either need to have a pond or be near a river or other body of water. Third, you will need to purchase ducks from a hatchery or breeder. It is important to get healthy birds, as they will be more productive and less likely to get sick.
Finally, you will need to build housing for your ducks and provide them with food and water.
If you can follow all of these steps, then you should be able to start a successful duck farming business in Bangladesh.
13: Event Management
Event management can be a great business, especially in Bangladesh. With so many weddings and other events taking place, there is always a need for skilled event planners. If you have a background in event planning or a related field, you could start your own event management business.
You will need a few things to get started, such as a list of potential clients, a portfolio of your previous work, and some marketing materials.
You must also be comfortable working with a budget and negotiating contracts. But if you have the skills and experience, starting your own event management business can be a great way to earn a living in Bangladesh.
14: Photography as Business
In Bangladesh, there is a huge scope for photography as a business. The country is filled with scenic beauty, from the countryside to the beaches, and there are plenty of opportunities to photograph people and events.
You can start a photography business relatively easily with good camera and editing skills. There are a few things to keep in mind, though:
- You’ll need to get a business license from the government.
- Finding a niche and building a portfolio that will attract customers is important.
- It’s helpful to have some marketing skills so you can promote your business effectively.
Photography can be a very lucrative business in Bangladesh with little effort.
15: Tourism Business
The tourism industry in Bangladesh is slowly but steadily gaining popularity, as the country offers a wealth of interesting attractions and activities for visitors. Several small business ideas can tap into this growing industry, such as tour guide services, ecotourism initiatives, Travel Blogging, homestay programs, and more.
One of the main reasons that tourism is on the rise in Bangladesh is because of the country’s relatively untouched natural beauty.
From the mangrove forests of the Sundarbans to the snow-capped peaks of the Himalayas, there is much to explore in Bangladesh. That makes it an ideal destination for those looking for an off-the-beaten-path travel experience.
There are several ways to get involved in the tourism industry in Bangladesh. One option is to start a tour guide service, which can help visitors make the most of their time in the country. Another option is to get involved in ecotourism initiatives, which can help promote sustainable tourism practices and raise awareness about the importance of conserving Bangladesh’s natural resources. Bangladesh’s growing tourism industry provides plenty of opportunities for starting a small business.
16: Ride-Sharing Business
As the popularity of ride-sharing services like Uber and Lyft continue to grow, so too does the opportunity for aspiring entrepreneurs to start their ride-sharing businesses. And in Bangladesh, there is a great need for such services. The ride-sharing business model is simple: connect riders with drivers who can take them where they need to go. But of course, there are a few things you’ll need to do to get started, like obtaining the proper licenses and insurance.
Once you’re up and running, there are a few things you can do to set your business apart from the competition, like offering discounts to first-time riders or partnering with local businesses to offer discounts to their customers who use your service.
With a little hard work and dedication, starting a ride-sharing business in Bangladesh can be a great way to serve your community and make some extra income.
Drop shipping is a business model in which e-commerce entrepreneurs sell products without carrying any inventory.
When a customer places an order on your website, the order is forwarded to the supplier, who then ships the product directly to the customer. As the retailer, you never actually see or handle the product.
This business model has several advantages:
- It’s very capital efficient. Because you don’t have to carry any inventory, you can start your business with little money.
- It’s relatively low risk. If a product doesn’t sell, you don’t order it from the supplier.
- It’s scalable. You can simply order more inventory from your suppliers as your sales grow.
- It’s easy to get started.
Several companies will drop ship for you, so you don’t need to find your own suppliers.
Drop shipping might be the perfect option for you if you’re looking for a low-risk way to start your own business.
18: Garment Business in Bangladesh
In Bangladesh, the garment business is one of the easiest businesses to start. You can easily find a place to set up your shop, and there is a ready labor supply. The country has a large population, many of which are employed in the garment industry. The government also supports the garment business, and they have put in place various incentives to attract foreign investors. The country has a very good infrastructure, and you can easily get your products shipped to other parts of the world. There are some risks involved in starting a garment business in Bangladesh, but if you research and work with reliable partners, you can overcome them.
19: Face Mask Manufacturing
With the outbreak of the COVID-19 pandemic, face masks have become an essential item for people worldwide. As a result, there is a growing demand for face masks, and Bangladesh is no exception. Face mask manufacturing is a small business idea that can be started with a low investment.
To start this business, you will need to procure basic equipment, including a sewing machine, fabric, elastic, and a nose wire. You can easily find these supplies online or at your local fabric store. Once you have all of your supplies, you can start sewing face masks! You can sell your masks online or through local retailers. To maximize profits, you can sell your masks wholesale to other businesses. With the global demand for face masks, there is a great opportunity for business owners in Bangladesh to start their face mask manufacturing businesses.
So if you’re looking for a small business idea with big potential, this is it!
20: Buy and Sell used Products
Bangladesh has a huge market for used products, especially electronics and vehicles. You can start a business by buying and selling used products. You can either operate online or offline. To start, you will need to find reliable sources of used products. You can either buy from individuals or businesses.
Once you have a steady supply of used products, you can start marketing your business. There are a few things to keep in mind when selling used products:
- You will need to ensure that the products are in good condition.
- You will need to price the products competitively.
- You will need to provide good customer service.
You will be successful in this business if you provide good value and excellent customer service.
21: T-shirt Business
In Bangladesh, the t-shirt business is booming. With a population of over 160 million, there is a huge demand for t-shirts. And with the country’s low labor costs, it’s easy to set up a t-shirt business. There are a few things you’ll need to get started. First, you’ll need a design.
You can either create your design or have someone design one. Once you have your design, you’ll need to find a printer. Many online t-shirt printers can produce high-quality prints at an affordable price.
Next, you’ll need to find a supplier of t-shirts. Many online suppliers sell t-shirts at wholesale prices.
Once you have your t-shirts, you’ll need to set up a website or eBay store to sell them. And finally, you’ll need to promote your business. You can create flyers and hand them out in busy areas or by advertising online.
If you’re looking for a low-cost business that you can start quickly, the t-shirt business is a great option. You can easily turn this into a full-time business with a little effort.
22: Internet Service Provider
As the world becomes increasingly connected, the demand for internet access will only grow. Internet service providers (ISPs) are the businesses that provide this access, and in many parts of the world, they enjoy a monopolistic position. In Bangladesh, the internet penetration rate is still relatively low, at just over 20% of the population.
That means a huge opportunity for businesses to provide quality internet access to the country’s growing internet users. The initial investment required to set up an ISP business in Bangladesh is relatively low.
The highest costs will be in setting up the infrastructure to provide the service, which will require investing in things like routers, switches, and other hardware. Once this is in place, marketing, and customer acquisition will be the next big challenge.
ISPs in Bangladesh must obtain a license from the Bangladesh Telecommunication Regulatory Commission (BTRC). This process is relatively straightforward and should not present any major hurdles.
The Bangladeshi market for internet service is ripe for competition, and there is room for multiple players. ISPs providing high-quality, affordable services will be well-positioned to succeed in this market.
23: Writing Agency
In a country like Bangladesh, where over two-thirds of the population is literate, there is a lot of scope for starting a writing agency. The demand for quality content will only increase as the country continues to develop and grow.
If you have a knack for writing and are familiar with the local market, you could start a writing agency that provides content for small businesses, websites, and other organizations.
To start, you will need to build a portfolio of writing samples and create a website or online portfolio. You can then start cold-calling or emailing small businesses in your area to see if they are interested in your services. Once you get some clients on board, you can begin scaling your business by hiring additional writers and expanding your client base.
24: SEO AGENCY
Starting an SEO agency is a great business idea for those with expertise in search engine optimization. As more and more businesses turn to the internet to find products and services, the need for SEO will only continue to grow. And as a result, so will the demand for SEO agencies.
If you decide to start an SEO agency, you’ll need to be able to offer your clients a wide range of services, including keyword research, on-page optimization, link building, and content creation. Check out this SEO extension.
You’ll also need to always stay up-to-date on the latest SEO trends and algorithm changes to offer your clients the best possible service.
To get started, you’ll need to build up a portfolio of work and get some clients under your belt. Once you’ve established yourself, you can then start to expand your team and grow your business.
25: Start a Fashion House
With the increasing popularity of Bangladesh as a destination for fashion and its ever-growing fashion industry, starting a fashion house is a great business idea. As a fashion house owner, you will be responsible for designing and manufacturing clothes and other accessories.
To succeed in this business, you will need to understand the latest trends in fashion and produce high-quality products.
Before starting a fashion house, there are several things to consider, such as the target market, the type of clothing you will produce, and the manufacturing process. It is also important to have a strong marketing strategy in place to promote your products.
Starting a fashion house is a great option if you want a business idea with good growth potential.
26: Start a Digital Marketing Company
As the internet becomes increasingly accessible in Bangladesh, more and more businesses are looking to tap into the online market. A digital marketing firm can help these businesses to create and implement effective digital marketing campaigns, driving traffic and sales.
To start a digital marketing firm in Bangladesh, you will need a team of skilled professionals knowledgeable in various aspects of online marketing, including SEO, social media, email marketing, and content marketing. You will also need to invest in the right tools and resources to help your team to carry out their work effectively. Once you have assembled your team and set up your business, you need to start reaching out to potential clients and building relationships with them. To win clients, you must demonstrate your firm’s capabilities and track record of success. With a strong portfolio of satisfied clients, you will be well to make your digital marketing firm successful in Bangladesh.
What are the five most profitable businesses?
Several small businesses are particularly profitable in Bangladesh. Here are 5 of the most profitable:
1. Agricultural products – Bangladesh has a large agricultural sector, and there is a huge demand for agricultural products within and from other countries. Agricultural products such as rice, wheat, vegetables, etc., can be extremely profitable.
2. Textiles – Bangladesh is one of the world’s leading producers of textiles, so it’s no surprise that this is a profitable business here. There is a huge demand for Bangladeshi textiles domestically and internationally, so if you can get involved in this industry, you could be a winner.
3. Leather goods – Bangladesh is also one of the world’s leading leather goods producers. Again, strong domestic and international demand for Bangladeshi leather products is another potentially very profitable business venture.
4. Seafood – Bangladesh has a long coastline, and its waters are teeming with seafood. This provides ample opportunity for those involved in the fishing industry to make good profits. The seafood can be sold fresh, frozen or canned, providing plenty of options for businesses in this sector.
5. IT services – With a rapidly growing economy and an increasingly educated population, Bangladesh offers good opportunities for IT-related businesses. These businesses can provide a wide range of services such as software development, web design, consultancy, etc. They can be very profitable if they can tap into the right markets.
What are the top 10 most successful businesses?
The top 10 most successful businesses are 1. Apple 2. Amazon 3. Google 4. Facebook 5. Microsoft 6. Alibaba 7. Tencent 8. Samsung 9. IBM 10. Intel.
What businesses make a lot of money?
There are a lot of businesses that make a lot of money. Some of these businesses include Walmart, Amazon, Apple, and ExxonMobil. These businesses make a lot of money because they can sell their products and services for a high price. They are also able to sell a lot of their products and services.
What can I import to Bangladesh?
The items that can be imported to Bangladesh are as follows:
1. All types of textile fabrics.
2. All types of made-up textile articles.
3. All types of clothing and footwear.
4. All types of carpets and other floor coverings.
5. All types of home furnishings.
6. All types of office and household furniture.
7. All types of machinery and equipment.
8. All types of vehicles.
9. All types of spare parts and accessories.
10. All types of chemicals and pharmaceuticals.
11. All types of food and beverages.
12. All types of raw materials and semi-finished goods.
What are the five major imports for Bangladesh?
The five major imports for Bangladesh are 1. Food 2. Clothing 3. Machinery 4. Petroleum 5. Chemicals.
These are just a few of the best small business ideas in Bangladesh. If you are interested in starting a business in Bangladesh, you should explore all available options.