If you still wonder what is the best business to start in Zimbabwe, then this article is for you.
The are many small business ideas for those who want to have a flexible job, multiply the average income, and at the same time, be their own boss.
In this post, you will learn the hottest small business ideas in Zimbabwe that are profitable and generating millions for successful entrepreneurs.
Do you wish to choose your own work schedules? Do you want to have autonomy and decide the best strategies to achieve your goals? Would you love to determine where you wish to work?
If your answer to these questions is YES, then start your own business and hit the ground running.
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Small But Hot Business Ideas In Zimbabwe
Statistics show that goods worth over 3.9 billion U.S Dollars were imported to the country in 2017 alone. This means there are lots of business opportunity for young entrepreneurs both in rural homes and cities like Harare.
If you have already thought about starting your own business, then keep reading and turn your dreams into realities.
As a startup, I will encourage you to familiarize yourself with the market and gather as many information as possible.
It is essential, in any case, that you study the business environment; competition, costs and potential benefits, as well as demand.
Here are the opportunities that are available to you;
1. Catering Services
The catering business today is booming with birthdays, weddings, business dinners, and you can use this opportunity to your advantage.
Before you start this business, consider certain factors.
What will you offer in your catering business
You have to know what kind of food you are going to offer, since there are options such as traditional, exotic, design food, etc. Take into account if the food will be prepared for an event or it will be stationed at a particular place.
Conduct an analysis of the competition that is bound to be experienced in the food industry.
Furthermore, to do a study of the rest of the catering companies, know what they offer and at what prices?
It is necessary to understand the dynamics of the market. The main objective of any company should be the need of your customers as well as having competitive prices.
Consider the choice of suppliers and human capital
To operate a catering company, it is not necessary to have a large workforce or an extensive infrastructure.
The most appropriate for the start is having the personnel to undertake specific services, such as administrative, accounting and commercial, staff that manages the warehouse, kitchen staff, and waiters.
Moreover, bear in mind that the selection of good suppliers is essential. Because you need good materials to offer the best of your services it is necessary to have a vast knowledge of the food sector and the market in which you wish to operate.
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2. Start Transport Or Kombi Business
The transport industry can be very profitable; however, this sector turns out to be very competitive at times.
One of the booming transport businesses in the country is the Kombi or minibus business. Majority of the people who use the public transport resort to the kombi for an easier and faster journey.
So, you can also start your own kombi business and make millions right now!
Many transport companies try to enter the business every year but end up failing.
This problem mainly affects people who are very good at driving but do not know how to run the transport business.
Running a successful transport business goes beyond knowing how to drive. Don’t let your ability to drive deceive you.
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3. Goat Business Ideas In Zimbabwe
What makes a goat business In Zimbabwe profitable? The increased demand for goat meat and also goat-related products has resulted in that lucrative business.
However, milk production and leather making bring significant benefits as well. Goat breeding is not that difficult, even if you are just starting out in the business. Most beginners observe a relatively high success rate in this line of businesses.
Based on a study by Zimbabwe’s Ministry of Small and Medium Enterprise and Cooperative Development, there are over one hundred and thirty-six thousand (136000) goat breeders all over the country.
This includes both communal and peri-urban goat breeders.
If you want to create a profitable goat business in Zimbabwe, there are a few things you should keep in mind, and this article will give you a summary of those things.
The first thing you have to decide is the kind of the goat you want to rear. It is essential that you acquire goats that are active, fertile, and healthy. It is necessary to note that there are a variety of goats and you must select wisely.
For a profitable goat company, the breed you choose is key to your success. It is for this reason that I entreat you to put a lot of effort into choosing the right goat breed for your business.
In this regard, you may need to consult with a goat farmer who is well established for some advice.
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4. Rabbit Production
Are you interested in starting a small scale rabbit business in Zimbabwe but you do not know how to do it? Do you need a business plan for raising rabbits?
Then I advise you to keep reading.
The Rabbit business can be very lucrative for entrepreneurs who have the talent or at least passion for ranching and raising livestock.
Starting a rabbit breeding business does not need as much money like other business, but requires that you have knowledge about animal husbandry and the best way to raise animals.
Setting up and running a rabbit business in Zimbabwe or any part of Africa is not that expensive, but, you still have to do everything possible and do anything within your power to minimize the cost of such a business. You must plan in a way that will not affect your profits in the industry.
These are some of the things you must consider when establishing a small scale rabbit business in Zimbabwe:
- Availability of reproduction materials.
- Obtain basic knowledge about rabbit care.
- Prepare a rabbit farming business plan.
- Decide on where and how to house your rabbit.
- Consider the nature of feed for the rabbit.
5. Potatoes Business Idea
Potato cultivation, if done in a rational and scalable way, can be a good source of income. All you need is a well-drained, and fertile soil with a pH of 5.2 to 6.7.
Exposure to direct sunlight is also essential. Quality potato seeds and the optimal soil condition are the two most important factors for the success of a potato farm.
The purchase of potato seeds represents approximately 50% of the total expenditure you may incur as a startup.
You may also need fertilizer and, of course, rent agricultural machinery to plant and harvest the potato (it is an intensive job to plant or manually dig up the potatoes on a large scale).
A great advantage of potato cultivation is the long storage period (up to one year), which allows producers (who can store potatoes) flexibility and many options in terms of prices and geographical marketing of their products.
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Another hot small business idea in Zimbabwe.
Beekeeping is an interesting business in which we connect with nature while producing excellent quality honey and other natural products for domestic or commercial use.
As with other crops or livestock activities, the first year of participation is introductory, and most beekeepers see this as trial and error.
In some countries, you must first obtain state approval, take preparation courses and/or obtain a license before starting a beekeeping center.
In Zimbabwe, however, much is not required as a regulation. It is important to know that a bee sting can be lethal for a person allergic to bee stings. Do this business at your own risk.
In addition to producing honey and other products, bees are also important for the pollination of plants. The bee transfer pollen from the male parts to the female parts of a flower of the same species.
This is necessary for the reproduction of many plants.
Farmers place hives near their fields (mainly cotton, tomato, pepper, almond fields, etc.) for the purpose of pollination of their crops, since bees represent at least 80% of all pollinating insects.
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7. Fish Farming Business Opportunities
Fish farming is an economic activity that requires a consistent investment, but not very high. It depends on the production line and the type of fish.
The raising of fish takes place in ponds or lakes where the producer can have total control of the fish production and must practice with strict standards of animal husbandry and constant supervision of specialists.
Many factors lead to successful establishment, among which are:
- Choosing the right location, according to the fish that will be created.
- The correct choice of the species that will be created.
- The construction of adequate facilities (tanks and other facilities that will be needed).
- Provision of adequate food rations, so it is a good conversion of these foods into the actual weight in the fish.
- Control of hygiene and diseases.
- Water collection and treatment.
- The right conditions for the preparation and transport of the products.
- Efficient marketing channels.
Problems that may arise in your fish hatchery business
Fish farming is among the hot business ideas in Zimbabwe, though with some challenges.
One of the biggest challenges in fish farming is an investment because there is a need for significant investments in infrastructure for the takeoff of the fish farm. The other problem is the sustainability of fish farming over time.
Because if we are not consistent, persevere and patient in the fishing industry, we can have significant losses of money. Not only investment in cash is required, but also in time.
If you have set up a fish farm, you must dedicate time and effort to take it forward.
Tips for your fishing business to succeed
We suggest you investigate very well before starting the fish farming business. Because the human resources that have to do with fish farming in one way or another are first of all you as the owner and investors of the fish farm.
You must have the capacity of production and have invested financial resources in your projects.
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8. Poultry Farming
Many times we talk about poultry business in Zimbabwe, which involves raising chickens, ducks, turkeys, and geese, to sell meat or eggs.
Poultry is a business idea that requires a lot of work, time, and commitment to obtain good profits.
The most common poultry birds to raise and sell their meat or eggs in Zimbabwe are chickens.
Starting a poultry business can be very lucrative, as long as it is done correctly.
Chicken meat and eggs are very popular foods all over the world, so it will always be profitable not only in Zimbabwe but any other country.
The main idea is to turn the small enterprise into a large company that is dedicated to the raising of chickens.
This is one of the most viable business ideas in Zimbabwe, so take your time to learn all about raising chickens and about their market.
As it is with any livestock farming, it is necessary to have ample space. You can easily start this business in your backyard until you get a suitable field.
Now, if you decide to rent or buy a piece of land, you should select the one that has easy access to the urban areas or the market.
If you set up your poultry business near a town or city in Zimbabwe, your business has many more possibilities to grow and be successful.
Before starting your poultry business, you must decide which variety of chicken to breed. There are many breeds, which are classified as light, heavy, and medium.
Each variety has different care and feeding. So the ideal thing is that you look for information in your area about which ones are marketable.
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9. Mobile Restaurant Or Food Truck Business
Food Trucks have become one of the most successful business ideas for women in Zimbabwe. This is mainly due to the ease of establishing such business and also for the opportunity to move the business wherever you want.
Currently, the public has shown a keen interest in the beverages, hence being a great small business opportunity in Zimbabwe.
10. Installation Of Solar Panels
A study by the World Bank in 2018 indicates that only 38.15% of the Zimbabwean population has access to electricity.
Currently, less than 1% of solar energy in the country has been exploited. This is mostly installed in rural areas and in places such as schools, police stations, churches, hospitals, etc.
The vast majority of the rural areas which have not been connected to the national grid present a huge business opportunity for you as an investor.
Renewable energy has aroused interest in people, and many of them have started with the idea of clean energy. Solar panels are great business opportunities for youths in Zimbabwe because it is a business that is booming.
Therefore, as an entrepreneur, I will encourage you to sell and install these panels in cities like Harare or even villages where electricity is in high need.
11. Wedding Planning Business
Carrying out a wedding requires a lot of effort, organization, and strategy. While the couple may be able to do it if they do not have the necessary experience, it could be chaotic.
Which is why most couples prefer to hire wedding planners their fulfill their dream of a perfect wedding. That is why wedding planning has become a lucrative business idea in Zimbabwe, especially for women.
Now, to start up in this business, you do not need a huge investment. The most important here is your experience and the right items for the decorations, and the catering services.
It is one of the profitable and small business ideas for 2019 that is making waves among many African countries.
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12. Make Liquid Soap
Liquid soaps are usually profitable and more comfortable to prepare. Moreover, you do not need any sophisticated machine to make them. You only need to have the ingredients and the passion for starting.
The good news is, many people in Zimbabwe are teaching young people how to make liquid soap for free. Also, there are lots of free tutorials and videos you can get on Google or Youtube that will guide you to make your liquid soap.
13. Cattle Rearing Business In Zimbabwe
According to research conducted somewhere in 2013, the cattle population is estimated to be around 4 to 5 million.
The larger proportion of these cattle, 89%, are reared in rural areas.
Cattle rearing is very important since it provides food for people and also the hide is used to prepare a tent, drum, as well as a mat which is widely used. This creates lots of business opportunities.
14. Start An Interior Design Service
If you are a talented interior designer, this is the time to broaden your horizon by turning your talent into a real-time business. There are many niches you can invest in the field of interior design.
It could be basement remodeling, home furnishing, furniture refurnishing, decorating artificial flowers, custom furniture covers, and many more.
Because clients who want interior designers first search online for these services, it will be wise to set up an online portal for your business. Because of the competitiveness of online businesses, you must be unique with your designs as well as having a sound marketing strategy.
For a start, I would suggest you offer some free services since this will give you the platform to showcase your talent and skills.
Later along the line, you can charge a reasonable price for your services when you are well established.
So I urge you to take advantage of this low capital business idea and make millions in return.