20 Lucrative Business Ideas You Can Start in Egypt in 2021
The increasing rates of unemployment in Egypt has left a lot of people jobless, thereby making life unpleasurable for them. Living without a means of income (no matter how small) isn’t the best for anyone. Interestingly, in the midst of the unemployment, young entrepreneurs are grabbing opportunities to start businesses. You too can start your own business in Egypt in 2021 if you stay on this article.
Because we care about your welfare, we won’t want you to remain unemployed in 2021, as such, we will be highlighting the top 20 lucrative business ideas for 2021 in Egypt.
Egypt is a land with very many opportunities for entrepreneurs, especially if you are willing to jump at them. In our previous article, we highlighted some lucrative careers in Egypt without a decree. In this article, we will be looking at some lucrative business ideas that you can start in Egypt in 2021. These businesses are quite lucrative and can solve your financial problems in 2021.
Individuals often find they lack the expertise and time to plan events themselves. independent event planners can step in and give these special events the attention they really deserve.
Event planning simply involves planning people’s events such as weddings, birthdays, anniversaries, political rallies, convocations, matriculations, etc. As an event planner you have to carry the whole work of planning for the events on your shoulder, and get paid for it.
Depending on the type and size of the events, planners of an event may handle tasks related to that event such as conducting research, creating an event design command finding a location for the events, arranging for the food, deco an entertainment, etc.
As an event planner you need to have an office, or you need to have your phone number and contact address publicly listed for people to be able to reach you.
Roadside Fast Food Corner
Generally, food is an excellent business domain. The demand for food is always on the increase because food is an essential commodity.
Roadsidefast food corner is in lucrative money making activity if you wish to reap the rewards steadily. Rather than allow your culinary skills waste, you can opt for this business choice and enjoy good flow of cash in return come 2021
first time visitors will quickly become regulars if you maintain quality, good proportions and create your own brand.
The consumption of rice in Egypt is far greater than the rate at which rice is produced. You can be guaranteed that the rice market is not saturated. Therefore, the cultivation of rice can be an ideal idea to start a business and a fruitful source of profits.
Can you imagine this world without the Internet? Surely not, no one would like that.
Egyptians, as well as Africans as a whole, are avid Internet users.
If you can provide Internet connection at fair prices, throw in the occasional offer, and advertise smartly you could earn plenty of money.
Laundry business is highly lucrative and you can start with low capital. You can actually make a living from this business.
This is another lucrative business idea that can fetch you a lot of money. With the mobile restaurants, you can deliver food to individual customers and corporate clients. This business is not limited by physical space. All you need is to create a medium through which the clients can place their orders. You also need to be able to swiftly and promptly respond to the clients’ orders.
Snail farming is one of the surest ways to immense wealth in Egypt. This business is an effortless task, with little or nothing to be spent on food and shelter.
Snails reproduce at a faster rate and the Egyptian’s markets are always willing to pay for them.
Oil Palm Retailing
Palm oil is widely used in Egypt. There is plenty of gains in retailing this commodity in Egypt. You can store the oil during the peak times and sell it during the off-season, and watch as your gains will skyrocket.
First, to enter into this business, you need to identify where to buy, sell and how to store the products. Your profit is guaranteed as the demand for palm oil can never plunge in Egypt.
Point of Sale (POS) Agents
With the recent resurge of Covid-19 and the need to decongest public places, POS agents help to reduce the number of individuals crowded in banking halls.
Most retail outlets now use POS machines to transact businesses, allowing the cardholders to have real time online access to funds, rather than carrying physical cash around. Being a POS agent will be a lucrative business you should look out for in 2021.
This is quickly growing to be one of the most favorable and budding business domains for young entrepreneurs, not just in Egypt, but also across the globe. All you need to have is a deep and clear understanding of online processes, marketing strategies, SEO tactics and legal guidelines. This is cost-effective, futuristic, gainful and customer-focused.
Tutoring can fetch you high income.
Don’t limit your options to academic tutoring. Turn your hard and soft skills into a lesson. For example, if you play a musical instrument, or can draw, or are a food lover or cook, you can actually tutor others and get paid in return.
Tutoring is an excellent small business in Egypt to make money. You can decide to do it part time or full time. Before you go into tutoring make sure you have an exceptional knowledge and experience in your specific area/niche.
There is an increasing demand for catering services in events. Thus, the services of caterers will always be needed.
As noted earlier, food is an essential part of our lives and events. You can start a catering business and make good money from it with that your culinary skill.
Hair Salon Business
The popular saying: “looking good is good business” is in fact, very true. People spend money to look good and you can have a good share of their money.
It doesn’t matter how you start, you can expand the business premises with time once you are good at what you are doing and are providing excellent services in exchange for their money.
A lot of people, especially the working class, are always on the lookout for lounges to relax either after the day’s work, business trip or during the weekend. Relaxation center is a very lucrative business if established in highbrow cities of Egypt.
Photographers are artists with the camera, using a blend of technical skills and an artistic eye to take pictures of people, places, landscapes, food, you name it. As a photographer, you can work as a fine artist, wedding and event photographer, or sell your photos to commercial clients. You can also be a fashion photographer, responsible for photographing apparel, accessories, and fashion models, as well as collaborating with hair stylists, fashion stylists, makeup artists, and fashion designers. You can probably be making more money than you’ve ever dreamed of!
Cupcake/Customized Pastries Baker
Do you have all the skills to bake delicious and tasty cakes? If so, then you could make money baking. Yes, you could actually make quite a lot of money baking!
Home cooking, especially baking cakes and cupcakes, is very fashionable right now. People will pay good money for high quality baking. You can sell your food at parties, fairs, and even at local food markets.
The beautiful thing about earning by baking is that it’s straightforward, flexible and enjoyable. It isn’t something that you necessarily have to do on a regular basis if you don’t want to. But if you’re ever short on cash, the option is there. All you’ll really need is a few good recipes and a reasonable idea of what people want to buy.
Fashion designing business is a highly profitable business where you can make up to thousands of Egyptian Pounds on a weekly basis. So, if you are blessed with the talent of designing clothes, you can take it up from there. Currently, the fashion industry has such a huge scope for growth. People always want to actually look good in what they are wearing. A fashion idol, you should different, creative and actually know how to dress!
If you have a love for fitness, whether as a professional or just someone who loves keeping healthy, you can make money from it!
The rise of health movements such as vegan, keto, and paleo diets, coupled with exercise trends such as HIIT and circuit training, it’s safe to say that the fitness industry is booming and will only continue to grow in Egypt.
Online Store Owner
You can make lots of money owning an online store. You can own a very large market using your mobile phone, facebook and other social media platforms. Photographers can upload their images to any one of a number of huge databases, allowing magazine editors, designers or any organization with a website to buy them. Fashion designers too can sell their fabrics online and attract lots of clients to themselves.
This career offers a strong income but you will need experience and training that helps you apply makeup to performers that is specific to the situation. The growth for this career is strong, and you will only need a non-degree award. You also won’t need previous training or experience in this lucrative business opportunity.