Smeda Invites Applicants For Small Business Grant For Early Stage Startups

Yes, something very humanistic and philosophical but guess what business is more of a personal philosophy than one’s own personal possessions. So when I do my research to find the facts and figures for the business stats in Karachi I was disappointed to find none! Whereas the Punjab Government has provided a detailed published PDF file of its retail business report. Your foremost need is to have a shop or rent a shop to initiate auto spare parts business. You can charge a fortune from the corporations and then go to education institutes for talent hunt and finding candidates who are interested in getting jobs in Pakistan or overseas. You can run this business from home by just owning a good internet and laptop or personal systems.

Through proper social media marketing and your smart personality, and if you really cook well then people will like you and give reviews about you. Helping the company future goal and stick out online so that they can reach more prospective customers. Through the years this idea in Pakistan may grow to other businesses, so it is possible to enlarge your clientele.

Small Business Shipping Solutions

The program is aimed at providing financial support to the entrepreneurs to meet the capital and / or operating needs of their businesses. This is a small business that can be started in a small shop with some chairs for office setup and bike to explore business opportunities related to real estate. Tutoring services is another profitable small business thought in Pakistan. If you maintain bachelor/master levels and have a fantastic grip on some particular topics, then provide your tutoring services to students. It is also possible to instruct your students online with Skype and make money on the web.

A Troubled Start

Serving international customers could also be an opportunity as they can provide more revenue by expanding their manufacturing operations in Pakistan because of the high quality but low cost of labor. Other than these three, many other women in the city have also used the opportunity of Covid-19 lockdowns to start their own businesses. “My husband lost his marketing job close to the first wave of Covid-19, and couldn’t find a new job as companies stopped hiring. He started driving a private cab, which also failed to provide for us because of the lockdowns, increased fuel prices, and a huge commission charged the company. I have three children, all of whom go to school; so when the money stopped coming in, I knew I had to do something to make sure that they are not deprived of education,” the housewife narrated. How often have I mentioned the increasing gaming trend in Pakistan in my blogs?

So if you are living in Gulistan-e -Johar and want to open the shop in Clifton consider all odds possible, because time and distance will cost you. Any kind of service that you tend to offer is counted as a service business. Sounds too good to be true for many but yes it is I mean look at it actually, ever since we were growing up and becoming aware of this megacity, and our country’s economy, Karachi was always cited. And since Karachi contributes 20% to the total of GDP, and according to World Bank Karachi is one of the most business-friendly city of Pakistan,Karachi surely holds a big position in Pakistan’s economy.

A practical form of innovative business is through the use of vehicles that are points of sale for the company. It will depend on your investment grade and the line of business, for example, adapted motorcycles with back inventory for sale, food carts, vans, or trucks equipped with kitchenettes to sell food. However, Farhana, who’d been a school teacher before marriage, wasn’t allowed to work outside the house by her in-laws, and neither could she manage that with the responsibility of three children and a household.

It is an opportunity now to automate, rationalize or eliminate several filing and payment layers in taxation to ultimately help reduce the cost of doing business. The external environmental crisis can affect MSMEs directly or indirectly. The direct impact includes fatalities, supply chain disruptions, property damage, and loss of inventories.

Children always force their parents to purchase the toy if they see any interesting thing in stores. We also try to provide all possible available resources (e.g. contact numbers of suppliers or wholesalers, video, motivation, how to start a business, etc. External environmental crises such as earthquakes, floods, epidemic diseases and other issues adversely affect business activities and their survival. Moreover, since MSMEs are financially fragile, smaller in size and resources, they are more vulnerable to the environmental crisis than their counterparts, i.e., large enterprises. Further, these microenterprises are considered a part of the informal economy, and most of their activity is undocumented; hence, the accurate number of these businesses is not known. These businesses are usually operated by family members in different industries ranging from agriculture to education.