Are you interested in starting a business in France? If Yes, here are the top 10 best small business ideas & investment opportunities in France.
France which is also known as the French Republic is located in Western Europe. French Republic is a member of the European Union and also the Schengen States. The capital city and largest city of France is called Paris, French is the official language of France and its currency is the Euro. France is one of the multi – cultural countries in Europe.
France is one of the economy powers of the world, a leading industrialized nation and it is the 5th largest economy by nominal GDP and 8th largest by PPP. When total household wealth is taken into account, France is the considered to be the wealthiest nation in the whole of Europe and the 4th wealthiest nation in the world with high standard of living.
The French Republic can boast of a robust economy and it hosts 39 of the biggest 500 companies in the world – the Fortune Global 500. As a matter of fact, in 2009 France was ranked as the 6th largest exporter and the 4th largest importer of manufacturing goods in the world.
The manufacturing, Financial service industry (Banking and insurance), Tourism, Sports, et al are major contributors to the economy of France. AXA a French insurance company is presently the world’s largest insurance company and even BNP Paribas, and the Credit Agricole at a point were considered as the 1st and 6th largest banks in the world.
Top 10 Small Business Investment Opportunities in France
Paris is one of the most popular tourist destinations in the world and loads of tourists are attracted to the Eiffel Towers. If you are interested in starting a business in France, then you should consider starting your own travels and tours company in France. You can decide to come into the industry as a big time player or as a small player.
Coming in as big time player requires that your company is able to handle all the logistics involve in tourism, but if you don’t have the required capital, then you can come into the industry as a tourist guide and interpreter especially if you can speak more than one international language preferable English and Spanish.
African gifts shop is another viable and very profitable business that anyone can setup in any of the cities in France because of the large numbers of people with African descent who are willing and proud to identify with their heritage. If you know you can create channels where you can get gifts from different African cultures, then you should consider starting this type of business in France and you will be sure to enjoy high patronage.
If you are a certified insurance broker and you live in France, you can consider starting your own Insurance Brokerage firm. The truth is that insurance brokerage business is a profitable business and the industry can still accommodate new entrants despite the fact that it is highly regulated and will require a license to be able to start an insurance brokerage firm.
If you live in Paris or any of the major cities in France and you are looking for a cool way of making cash, then you should consider starting your own Taxi business. All you need to do to get started is to register with the local authority and then obtain your business license and permits to operate your Taxi. The truth is that if your Taxi business is well managed, you can grow it from just one Taxi to fleet of cabs covering a wider spectrum of your city.
Another thriving and profitable business that someone can easily start in France is owner operator trucking business. It is fact that loads of companies and even individuals transports their goods from one part of the country to another part of the country and it pays them to contract it to an owner operator trucking business owner.
All you need to do to setup this type of business is to enroll in Commercial Truck Driving School, obtain your Commercial Driving License (CDL), purchase a reliable truck and then source for haulage business.
Restaurant and bar is yet another popular but profitable business in France. If you are looking for a business to setup in Paris, Monaco, Lille, Nantes, St. Etienne, Lyon or any city in France, then you should consider starting your own restaurant business.
You can decide to serve local dishes or international cuisines or both in your restaurant and you will still make good returns on your investment. Just ensure that your restaurant and bar is well positioned and you tailor your menu to the need of the community where you are located.
7. Real Estate Agency-: The real estate industry in France is a very big industry and it is still open for investors to come in. So, you can get trained as a realtor and then start your own real estate agency.
France is one the countries in the world that can boast of a top notch interior decoration industry in the world. Some of the finest decorations and designs you see around are majorly from France or Italy. If you are interested in this industry, you can get trained and then setup your own interior decoration business.
9. Jewelries and Accessories Shops-: If you have cash and you are looking for a viable business to start in France, then you should look towards starting your own Jewelries and Accessories shop in any of the cities in France. It is indeed a viable and profitable business.
10. Plumbing Services Business-: Plumbing Services is one of the services in France that you might have to queue before you can be serviced simple because of the shortage of plumbers in major cities in France. So if you are looking for a skill to learn, you can get trained as a plumber and then establish your own plumbing business.
There you have it; 10 profitable business that you can easily setup in France.