UAE is home to world’s largest companies including headquarters and regional offices of international companies but it doesn’t mean that there are few opportunities for small businesses in the gulf country. In fact, UAE also provides world’s best opportunities for small businesses with low investment due to incentives like zero taxes, free zones, modern infrastructure etc.But not all businesses are appropriate for small entrepreneurs because of high licensing fee and expensive setup. Therefore, the wise decision is to select business which costs less setup expense and available with low licensing fee. Following are few of those businesses that are available in UAE with very low investment and high profit.
Food Related Businesses:
High purchasing power of local population and large number of tourists and expats in UAE makes food and beverages a hot business for small investors. There are tons of opportunities of businesses related to food and beverages in UAE. Investors can set up a small restaurant or café in any part of UAE to provide various types of cuisines for local and expat population and tourists who love to dine on evenings and at the weekends.
If you are lacking funds and can’t setup a restaurant, even then you can earn handsome money only by delivering home cooked food. It is also a highly paid business because many people related to 9 to 5 job tries to find alternative to fast foods as they are heavy on both stomach and pocket. You can supply this home cooked food for 2 to 10 people on weekly or monthly basis. Business activities are increasing in UAE and so as the opportunity for growth in home cooked business due to demand of fresh and healthy food.
Despite the desire for healthy food, many people eat fast food due to their busy office schedule and they prefer such food for daily consumption. It makes the prospects of growth of fast food business which is easy and economical to setup with opportunity of high profit. The only thing you have to consider is the right planning of the menu according to the demand of local and expat population.
Events are celebrated on very high levels in UAE and these celebrations are not completed without sweet food items. It opens the door for bakery business that is easy to setup and brings lot of profit to the small entrepreneurs.
Education and Training:
There is a huge scope in education and training business in UAE thanks to the presence of large expat population. Many of these foreigners want to send their children in a private school that provides high quality education in an international language with suitable fee. This enhances chances of growth of business of education that can be started with very low investment.
Nowadays, many people prefer vocational training after completion of basic education. There are lots of job opportunities in UAE in various sectors which is increasing the interest of youngsters in vocational training. A vocational training center is easy to establish in every part of UAE and you can expect to earn a handsome income with the introduction of vocational sources in demand.
Another profitable business related to education is translation center. The high expat population wants to learn local Arabic language while the local population is in need of foreign language knowledge. Translation center in UAE that provides translation education in languages like Arabic, English, French, Chinese etc. are in high demand. You can also hire persons that know Arabic and one of the foreign languages in your center to provide translation services to people or companies on short or long time basis. This translation business also require very little investment and high profits.
Health, Fitness and Beauty:
The high life style increases the chances of health and fitness business in UAE. With the rise of hoteling, the need to remain healthy and fit is also increasing which is the reason for growth of health and fitness clubs. For this purpose, you require very little investment but complete knowledge about health and fitness issues is necessary for growth of this business because only then you can increase number of your customers.
Another related business with high chances of profit is fashion and beauty. The dress laws in UAE as related to several of its neighbors are quite lenient especially when it comes to foreign population. But even the local population is fond of fashion and beauty products. These products and services can be provided on very high rates even if it takes fewer expenses because everyone wants to look beautiful and ready to spend lot of money for this purpose. Providing products of latest fashion or opening hair salon, ladies beauty salon and ladies spa are few examples of such beauty and fashion businesses.
All the emirates in UAE have made health and car insurance compulsory for local as well as expat population. Car and health insurance company is a lucrative but expensive business but you can earn high profit by becoming an insurance broker that will allow you to act as agent of these big health and car insurance companies that will provide you opportunity to get your share of profit from these insurance companies without spending much.
IT & Computer:
IT, computer and mobile are now part of our everyday life. One can use this opportunity for a high profitable and low cost business. If you are aware about solving problems related to these devices like computer, laptop and mobile maintenance, network problems and software issues then you can easily earn a decent income by spending very little on setting up a business related to computer maintenance.
Another way to use your expertise in the computer and IT field is becoming a freelance writer or web developer. This business is booming in every part of world including UAE. You don’t need event to setup an office for this purpose as online marketing can be used to promote your business. If you are expert in your field then it will pay you handsome income with no or very little investment.