Top 20 Lucrative Business Ideas You Can Start in Egypt in 2023
Living without a means of income (no matter how small) isn’t the best for anyone. There are hundreds of business opportunities in Egypt that if embraced, could turn your fortunes around. Interestingly, almost all of these business ideas do not require a “huge” start-up capital. This post highlights the top 20 lucrative business ideas in Egypt. You too can start your own business in Egypt in 2023 if you stay on this article.
Because we care about your welfare, we won’t want you to remain unemployed in 2023. With your little capital, there are lucrative business opportunities you can invest in. In this post, we will be highlighting 20 of such lucrative business ideas in 2023 in Egypt.
Egypt is a land with very many opportunities for entrepreneurs, especially if you are willing to jump at them. For most of the opportunities, you don’t even need a college degree. 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 2023 with very little capital. These businesses are quite lucrative and can solve your financial problems in 2023.
Top 20 Lucrative Business Ideas You Can Start in Egypt in 2023
Here is the list of the 20 lucrative business ideas in Egypt you can start with very little capital.
1. Events Planning
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, decor, and entertainment, etc.
2. 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.
Roadside fast food corner is in lucrative money-making activity if you wish to reap the rewards steadily. Rather than allow your culinary skills to waste, you can opt for this business choice and enjoy a good flow of cash in return come 2023. First-time visitors will quickly become regulars if you maintain quality, and good proportions and create your own brand.
3. Cyber Café
Opening a cyber café can be a very lucrative business idea for you in Egypt. One important factor for you in this business is to choose a good location and be ready to offer excellent services to your clients. You can services like printing, scanning, and copying to get more customers and a better income.
4. Rice Farming
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.
5. Internet Business
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.
6. Laundry Business
The laundry business is highly lucrative and you can start with low capital. You can actually make a living from this business.
7. Mobile Restaurants
This is another lucrative business idea that can fetch you a lot of money. With 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 client’s orders.
8. Snail Rearing
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 markets are always willing to pay for them.
9. Grocery Store
The grocery store is a good business idea since it is a part of our daily lives. Find a good residential or busy area and set up your grocery store. Pay good attention to the arrangement of items so that your customers don’t struggle to get their desired items.
Good salesmanship, as well as networking, is essential for the success of your grocery store business. Read our previous post on how to start a lucrative grocery business in Egypt to see how to get started.
10. Oil Palm Retailing
Palm oil is widely used in Egypt. There are 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 store the products. Your profit is guaranteed as the demand for palm oil can never plunge in Egypt.
11. Website Designing
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.
12. Food Processing
Food and food processing is an important sectors of the economy of Egypt. With the right technical know-how, you can start a food processing business and amass some good wealth. Various kinds of food like fruits, vegetables, meat fish, dairy products, grains, or beverages can be processed. You can choose any of these and get a good income. These products have good export potential too. Hence your income can be higher.
13. Catering Business
There is an increasing demand for catering services for 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. To hit the ground running, you need to learn the skills of providing excellent services. With excellent service delivery and a good network, you are good to go.
14. 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.
Photographers are artists with 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!
16. 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.
17. Fashion Designing/Stylist
The 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 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!
18. Real Estate Agency
Do you need to be reminded that the real estate business is rising in Egypt? It actually is. You can invest in the real estate business in Egypt. You can do this business online or offline where you will connect the buyers and sellers and get a commission. For a real estate agency business, you need a good network with buyers as well as sellers and good publicity for your service.
19. Fitness Coach
If you have a thing for fitness, whether as a professional or just someone who loves keeping healthy, you can make money from it! With 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. For more on how to make money from the fitness niche, click on the link below:
20. 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.