List of 21 Most Successful Small Scale Business Ideas in Ethiopia – 2022
Do you want to start your own new business? Start it now. Do not get confused over the thought of what business or industry sector shall be chosen. Every business has its pros and cons, it’s just about the best business ideas to make money. It is just about which business you have the passion and zeal to crack. Your skillset also matters a lot in achieving the target. You should be confident enough to implement the skills you possess and manage to overcome the upcoming challenges. Further, let’s discuss some small and low-cost business ideas for you to pick that match your skillset.
1. Digital Marketing
Digital Marketing is one of the most sought after and trending business ideas today. Digital Marketing is nothing but a communication channel that uses digital media like emails, social media, Google Ads, etc to market your product to some targeted customers. It’s a kind of advertisement to market products that can be reached to the larger audiences for a much cheaper price as compared to other paid media.
You can set up your Digital Marketing Agency at your home and work as an agent to help your clients to market their products and earn some commission.
Digital Marketing is one of the most lucrative upcoming business ideas in Ethiopia.
2. Food or Bakery Business
If you are a good cook or even you are not, you can start Food or Bakery Business with very low investment. Bakery items have huge demands in every place even if it is a small town or a big city. If you can prepare good Bakery Products like Cookies, Cake, Bread, etc, then it is one of the best profitable small business ideas.
3. Computer and Laptop Assembling
Assembled Desktop and Laptop shop has very good demand in every place, especially for the students, because assembled PCs are cheap and customizable. If you have a little bit of knowledge of Computer hardware or assembling computer parts, then it can be a great business idea for beginners. You may assemble motherboard, hard-disk, graphics card, etc directly from big dealers and sell a complete PC for your local customers. Moreover, you can earn some passive income by installing various software or games for your customers.
3. Travel Agent or IRCTC Agent
Travel Industry is one of the growing business in Ethiopia. You can be a travel agent in your area and make arrangements for tour and travel programs for your customers. You can also be an affiliate partener for a big online travel company like MakeMyTrip or Goibibo and earn a commission from them. Similarly, you can be an IRCTC official Booking Agent and earn a commission from Rail Ticket Booking.
4. Food Delivery Business
If you are staying in any big cities like Addis Ababa, Awasa, or Bahr Dar, then Food Delivery Business is one of the most lucrative small business ideas you can start today. Food Delivery Business is an excellent startup concept, you can easily set up with a low budget. To start a food delivery startup, you need to approach some big hotels or restaurants for the delivery of their food to the end customers. In Ethiopia, you mainly have to deliver food or meals to Offices or the persons staying single in cities.
You can also create a Food Delivery app like Foodpanda upload food menu or other details with price and start your own online food delivery startup.
5. Event Organiser
You can also set up your own event organizing firm with very low investment. There are several social events like weddings, birthday celebrations, or marriage anniversary that occur throughout the year. You can help your customer with the selection of venues, flower arrangement, or food arrangement, overall smooth conduct of the events, and get paid for your service.
6. Mobile garage
Everyone has seen cars, scooters andmotorbikes breakdown in the middle of busy roads. The unfortunate owner ofthese vehicles usually faces a dilemmaabout where to get repairs. For sucheventualities, you can offer a mobile garage.
For this business with low investment,you will require a car, mobile phone and all the tools required to repair a stalled vehicle. All you need to do is, rush to the place where the vehicle is parked to perform repairs.
7. Medical sample collection
This is yet another almost untouched, low investment small business idea in Ethiopia. It simply means you collect blood, stool, urine and sputum samples from patients, from their homes.
These samples are for delivery to pathological labs that will test them and issue medical reports. The reports have to be home delivered to the customer. You will require a vehicle,equipment to store the bio-hazardous material and skills in extracting blood samples. You will need agreements with pathological labs before entering into this business.
8. CCTV & surveillance
Increasingly, people are becomingsecurity conscious. They want to protecttheir families and themselves againsttheft, rape and other crime.
Consequently, more and more people areinstalling CCTV and surveillance cameras at their homes and offices. This is a low investment and high returns small business idea
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