Small Business IDEAS for Africa
Okay, having provided a detailed analysis of the legal requirements, market feasibility and every other thing it takes to start a business in South Africa and a series of industry-specific sample business plan templates; here is an in-depth analysis of the top 50 best small business ideas in South Africa for 2016. So put on your entrepreneurial hat and let’s proceed.
Starting a business in South Africa has become the new trend, especially as the idea of being one’s boss is becoming more and more inviting. Also, the idea of having flexible time and the unreliability of pension packages, retirement annuities, and future general uncertainty relating to income has caused a rise in more and more people becoming entrepreneurs.
However, starting a business anywhere is not an easy venture and one has to strive and ensure that they employ strategies that would make the business grow. Here are some good business ideas to look at in South Africa that can help you become a millionaire fast;
- Sales of Food Products
This type of business is one that can be started with low capital. You can engage in buying various food products such as cakes, biscuits, koeksisters, vetkoek, and such other products and selling them to corporate offices, and other shops that require them. You would need to be aggressive in marketing so as to get clients that would make your business boom.
- Computer Business Center
Even though most people have a computer, they might not be versed in its usage and so might require the services of one who is. If you are good with your computer you can help clients with such services as typing of projects for students and CVs for job applicants, design of letterheads and pamphlets, as well as other services. You would have to be well versed in most computer software and programme.
- Handcraft Classes
If you are good with your hands, this is a business you can go into, as you can teach others how to make crafts as well. To expand your classes, you could teach on all the kind of crafts you know. Also, you can take on individual classes which could be at the convenience of your clients charging them more, or you could teach a large group of individuals.