8 New and Unique Business Ideas in Bangladesh 2023
People are constantly having new problems and business patterns are changing. Learn about some profitable new and unique business ideas…
People are constantly having new problems and business patterns are changing. Learn about some profitable new and unique business ideas in 2023.
Traditional business has changed a lot now, and the use of technology in business has increased. Marketing and sales methods have also changed a lot. Many businesses are disappearing as technology advances. On the other hand, new business opportunities are also being created.
People are still facing various problems in our country. The solution to each of these problems is a business idea. Today’s unique business ideas are for those who want to start a new business but can’t find business ideas.
I will share some selected new and unique business ideas based on my practical experience with business, existing problems, and future prospects. Businesses that you can do very well if you do it with proper planning and skill.
You may also read- Top 5 Most Profitable Online Businesses
Unique Business Ideas in Bangladesh 2023
1. Women’s Vehicle Business
Now women are going out of the home for business, jobs, and other needs. But unfortunately, there is no separate bus service for women even in big cities of our country. It is always uncomfortable for them to jostle with men on the bus.
Be it in the city or in the village, any place where the business of separate vehicles for women is started, people will grab it. Very soon this business will get a response.
How to start a women’s vehicle service
In starting this type of business, you must make a decision after calculating your investment and profit. The following documents are required to start a transport business.
- TIN (Tax Identification Number) certificate from the National Board of Revenue (NBR).
- Trade License (from City Corporation, Municipality, or District Administration) by name of the organization
- VAT Registration Certificate from NBR
- Obtaining Public Transport Permit from BRTA
- Collection of vehicle registration and tax token from BRTA
- Vehicle fitness document from BRTA
- Get a route permit from BRTA.
- Recruitment of drivers and conductors. (Driving license and conductor license from BRTA required)
You can start your transportation business only after collecting the above documents. Can be started on a limited scale at first. The work area should be increased gradually.
2. Child Care
If you enjoy spending time with children, you can earn a living from home by running a babysitting or childcare business.
Nowadays, in many families, both parents work outside the home. They have no one to look after their young children when they work outside the home. In that case, they employ a nanny. It costs a lot to hire a nanny for a child.
Your childcare business can solve this problem for them. You can look after many children at your home from 8 am to 5/6 pm. Parents will drop off and pick up their child with you at specified times.
During this period, you have to take responsibility for children’s sports, food and drink, and their safety. Take a fee in return.
This type of service or business has been running in developed countries for a long time. This business is now very necessary in the urban areas of our country.
How to Start a Childcare Service
Steps you need to follow to start a childcare business,
- Develop a business plan – First, find out which families in your area need this type of service.
- Whether there are other childcare businesses in the area, how many children still need such services?
- Decide whether you will do this business at home (Home Based) or Child Care Center.
- Contact the city corporation or municipality, and prepare the trade license, necessary insurance, or other documents required.
- You have to hire a few nannies and teachers to take care of many children even if you do it at home. Better to have a nurse along if possible.
- Arrange Toys, books, TV, toilets, and beds for children.
- Make a schedule for sports, studies, eating, and sleeping.
- You can quickly grow your childcare business with social media pages and online advertising.
3. Office and House Shifting Service
Most of the people living in urban areas use rented accommodation. Home or office has to change frequently due to various difficulties or changes of location.
Changing office or home is not a task. Taking out the goods to the new house, setting them up, and re-installing the furniture and appliances is a very troublesome task.
It is very difficult to hire vans and find skilled labour and technicians for these jobs on time.
As a solution to such problems, you can do all the work of office or home shifting in one package. Your task is to carry the goods from the old house and set them in the new house clean and ready.
Some small organizations in Dhaka and Chittagong City have already started this house change service which is now much less than the demand. So, you can also think of starting this type of business.
How to Start House Shifting Service
- You need to arrange your truck or van before starting the business. Instead of investing in a van initially, you can also go for a contractual rental.
- Decide on a name for the organization, and get a trade license.
- No need to set up Office at the beginning. You can run this business from your home office.
- You can arrange service booking through WhatsApp, Facebook, website, phone, or mobile app whichever is convenient.
- Initially, you can start this business in a specific city or area.
- Electricians and plumbers may also be needed to set up the new home after the move. Skilled, honest, and sincere workers should be appointed.
4. Cleaning Service Business
In this era of busyness, many people are not able to spare time for the house or car wash. So, you can take the order through phone call or WhatsApp and go to the customer’s location and provide the home and car wash service.
Since this type of business has not yet grown in our country. Competition is very less in this business. The amount of investment in this business is very less.
How to Start a Cleaning Service Business
The cleaning service business is very easy and can be started by investing only Rs.30,000. Consider the following points to start a home cleaning service.
- No trade license of any kind is required to start privately.
- You can start a business with a Jet Cleaner Set in the beginning. This will cost you around $250 to $300 USD. Around 25,000 to 30,000 BDT will be equivalent.
- You can arrange service booking through WhatsApp, Facebook, website, phone, or mobile app whichever is convenient.
- In the beginning, you can start working from an acquaintance’s or friend’s home. Then you can invest some money in ad campaigns.
5. Emergency Medicine and Products Home Delivery Business
Human survival and various diseases are closely related to it. Diseases and sorrows are the daily companions of people. And many times, we see necessary medicine is not available at home for urgent needs. And if the medicine is not available in the local dispensary, there is no end to the suffering. To overcome this problem, you can start an emergency medicine delivery business.
How to Start a Medicine Home Delivery Business
The following points should be considered before starting a home delivery business:
- Choose a name for the home delivery business and collect a trade license from the city corporation or municipality
- You can use WhatsApp or a mobile app to process the order. At least 50 thousand to 1 lakh rupees should be spent in the beginning to develop a mobile app. Adding more features or updating later will also cost.
- Appoint delivery boy/man.
- Initially, you can provide this service at a specific location. City or Town area will be the best for this type of business.
- Collaborate with major dispensaries based on location to provide you with discounted products. As a result, you can also offer discounts to customers.
- Special attention should be paid to ensure that the service is properly managed, and delivery is conducted smoothly.
6. Vending Machine Business
A vending machine is an automatic machine for selling drinks, lunch boxes, water bottles, chips, coffee, chocolate or other products. Here no people will be needed to sell goods and collect money.
Businesses can be started by installing this machine in very busy areas, shopping centers, busy road junctions, colleges or universities, and mosques. Vending machines should be installed in places where there are usually not many shops but there is a lot of traffic.
Vending machines have been in use in developed countries for a long time, but their use has not yet started in Bangladesh. Very recently, Germania Holdings Ltd, the first in Bangladesh, started selling the SnackKeeper brand through vending machines.
How to Start a Vending Machine Business
- Starting a vending machine business is not very complicated but the investment amount will be very high in this case. Each machine will cost between Rs 2,20,000 and Rs 2,50,000 and Rs 3,50,000 to Rs 3,80,000 including import charges.
- First, you need to import the specific model machine according to the product from China. No organization in Bangladesh is importing vending machines for sale. You can bring this machine from China by talking to any importer in Bangladesh.
- However, before importing the machine, talk to the Chinese supplier, about which currency notes will be accepted by the machine, and card and online payment methods should be set.
- For online payment methods, API should be taken from some organizations like SSLCommerz, PortWallet, and SurjoPay in Bangladesh. Moreover, if you want to use bKash only, you can also get the API from BKash.
- Take permission from the shopping mall, market, or institution where you will be placed on the condition of payment of commission or monthly fee.
7. Vacation Rental and Food Services
You can provide this facility for travelers. Our country has many wonderful places to visit. Every year at different times people travel to different places. They need staying and dining services.
Most of the time it is seen that the hotels charge high prices to the tourists. Here, you can offer affordable dining and lodging at your home.
How to start Rental and Food Services
If you have only 1 bedroom you can start this business. You don’t have to find tourists; tourists will find you.
Decorate your bedroom and take some pictures. Then list your bedroom on Airbnb.com and Booking.com. You can also add other services or food services.
Moreover, you can easily get customers by listing Flats, Guest houses, or Vacation Homes on various sites including Airbnb and Booking.com.
It does not require any trade license or any official permission if done domestically or privately.
8. Terrace and Roof Gardening Services
There are many who love gardening. They want to decorate their home balcony and roof with flower tubs. Many want to have a flower garden on the roof of their house. But it is not always easy for them to arrange so many different types of flower plants, tubs, and necessary tools and items.
You can provide them with different types of flower plant tubs for their garden, balcony, or terrace decorating products, gardening tools, and services.
This type of business can also be done privately, no trade license or office is required.
How to Start Terrace and Roof Gardening Services
- Partner with a nursery for quality flower seedlings to start your balcony garden business now. As a result, you do not have to stress about the production and maintenance of seedlings.
- Provide service and support only at the Customer End, you should focus on collecting potential customers through online marketing. In the beginning, you have to invest in seedling production and cannot focus on marketing for it. Since this business is completely marketing and service dependent, you should focus on this in the beginning.
- After-sale services are very important in this kind of business. Provide guides and tips to customers in garden maintenance, and phone or chat support.
Bottom Line
If you want to start any business from the above idea, find out more details about that business. Know how much money you can invest, and how much skill you have in that business.
If you don’t have the skills to manage the business, you have to think about learning the skills or hiring hire someone skilled. Doing business requires determination, honesty, and persistence. These 3 things and proper planning will surely make you a successful businessman.