Small Business Finance Corporation

However, with social media digitizing the market place and bringing it into the virtual sphere, it has made room for small ventures to take on the hegemony of big brands. The department has initiated a loan mark-up scheme for critical value position SME industries to ensure affordable access to finance as well as an enterprise development fund to encourage entrepreneurship at all levels. You can also start clothing business online, if you do not have a place and have less investment.

According to the World Trade Organization, since 1998 to 2017, the number of natural disasters has increased tremendously. During the period under review, a total of $2.9 trillion direct economic losses have been reported by disaster-hit countries. However, the rupee is also depreciating against the dollar, posing another threat for the businesses. However, due to the ongoing crisis, the unemployment rate is expected to reach alarming levels. Similarly, the World Bank has also warned that Pakistan might fall into a recession, as the national economic activity slowed down abruptly since the start of the Covid-19 pandemic.

Istisna & Tijarah products may be used as an alternative to meet the above requirement. Visit any of your nearest Meezan Bank branch offering SME solutions, click here to view the list of our SME branches. Two time export performance annually of commodities eligible under the scheme . Available to the export oriented projects only if their annual export is equivalent to US $5 million or at least 50% of the sales whichever is lower.

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Photography is an innovative business idea to opt for in Pakistan. Whether it be Wedding or event photography or modeling it will be fruitful if you have the skill to do it. Property dealing business is one of the most profitable businesses in Pakistan that can be started with a single table and chair only.

Smeda Invites Applicants For Small Business Grant For Early Stage Startups

However, the site has since suffered from its popularity, so it's important to check out the site's review before you invest any money. Expand your sales channels with website, mobile, and third-party delivery orders. There are some battery reconditioning services in Pakistan out there.

SEO means Search Engine Optimization and is a highly demanding and growing industry. The most important reason for the immense development of the industry is that nearly all site owners need to increase traffic. To increase traffic and search rankings, site owners frequently hire SEO specialists or perhaps SEO agencies to maximize their sites. If you are an expert in writing, then promote your writing solutions. Ghostwriting is writing books, contents, and books on behalf of the others.

The females of Pakistan tend not to trust unknown places thus they will be pleased to go to such a place which they know and trust and you can earn out of it. It may cost you an investment of around 1 lac rupees to purchase all the modern machinery but will prove to be a profitable source of earning in Pakistan. A business plan for beginners can be that they may begin with a small investment setup and then expand it gradually from the profit generated over time.

A focused industrial and skills strategy has been developed under the growth framework envisioned in the recently approved Punjab Growth Strategy and includes several key pillars. Similarly, Amber Kashif, another housewife who was driven to start her own business after being left strapped-for-cash, said that she’d never before thought of turning her passion into an act of commerce. “A payout from a bachat committee had landed me a sum of Rs25,000.

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Electronics and appliances store is another thriving business that can start in Pakistan. If you want to maximize profits in this business, you will be advised to import the products as Pakistan is not known to manufacture electronics and electrical appliances. It is a thriving business, especially if you set up your gas station along the highway that is prone to high vehicle traffic. You can also maximize profits by opening a convenience store at your service station. Also, you can provide services for employment to companies of international. Pakistan has many skilled and talented people but has fewer opportunities.

If you install a workplace, then you need to devote some funds. You can also supply products in wholesale quantity to companies that manufacture juice, jam, tomato puree, and other packaged foods. Due to the high insecurity in Mexico, there is a high demand for security services, both for vehicles, offices, houses, people, etc. Many people in Pakistan are illiterate; they do have mobiles but cannot understand English or any other language except their national tongue URDU. So developing an application in Urdu is another mobile-related business that can give you high profit. You can earn money by helping importers or business owners move their goods from the port to designated locations.