Are you interested in starting a business in Lebanon? If Yes, here are the top 10 best small business ideas & investment opportunities in Lebanon.
Lebanon is a country in Asia and it is located in the western part of the Asian continent. Lebanon shares borders with just two countries Israel and Syria. The capital of Lebanon is Beirut and the official language of Lebanon is Arabic but many Lebanese also speaks French and English. As a matter of fact, English is rapidly becoming the first choice language that is used for business interactions in Lebanon.
The Lebanese economy revolves around Agriculture, Tourism, Commerce, and Banking. Lebanon boast of having the highest proportion of cultivable land in the whole of the Arab world and it is noted for the cultivation of crops like peaches, apples, lemons and oranges. The Agric sector is one of the major employer of labor in Lebanon but the services sector remains the highest employer of labor though with about 65% of the Lebanese workforce working in this sector.
Beirut the capital city of Lebanon has a very rich and robust nightlife hence attracting tourists who are heading towards the Middle East on vacation. It is important to note that Lebanon is ranked as 10th best country in terms of quality education and the 4th best country for math and science education in the world.
Now if you intend starting a business in Lebanon, then you should consider these top 10 business opportunities that is available for investors in Lebanon:
Top 10 Small Business Investment Opportunities in Lebanon
Beirut which is the capital city of Lebanon can boast of a very rich and robust night life that is just basically why there are appreciable numbers of Night Club in the city. Establishing a Night club in Beirut is indeed a profitable business enterprise.
So if you intend establishing a business in Lebanon, you may want to consider starting a Night Club. All you need to worry about is the security of your customers. Once you put in place the right security measures, you wouldn’t have to worry about clients trooping to your night club every night. No doubt if your night club is properly managed, you will reap good returns on your investment.
Car rental service is another thriving business in Lebanon; you can establish your car rental company in any of the cities in Lebanon and can be rest assured to make huge returns on your investment. Most people running this kind of business prefer establishing their company in Beirut rather than other cities because of the high patronage they stand to get in Beirut.
Education is taken seriously by all stake holders in Lebanon. The government and even each family in Lebanon ensure that they place high premium on education. So, if you are a teacher and you are looking towards running a business on part – time basis, then you should consider establishing your own home tutor service. If you are good in math or sciences you will be in high demand in Lebanon.
4. Fruit Farming
The soil composition in Lebanon is highly suitable for the cultivation of fruits like peaches, apples, lemons and oranges. Hence, if your intention is to build a business in the Agric sector, then you should consider starting your own fruit farm. It is indeed a profitable venture and you are sure of getting bountiful harvest year after year. The market for fruits cultivated in Lebanon is large; it comprises both the local market and the international market.
The fact that you can get varieties of fruits at a cheaper rate in Lebanon makes it ideal to establish a Juice Production Company. One of the challenges fruits farmers face in Lebanon is the preservation of their fruits. You would be at an advantage when you establish your own juice production company in Lebanon.
The cost of running this kind of business in Lebanon especially in the outskirt of town is cheap and the market is not restricted to Lebanon alone; you can export your juice to other countries especially neighboring country like Syria.
If you are a financial expert, you will do well in Lebanon as a financial consultant to business. This is so because Lebanon has loads of small businesses that can’t afford to employ professionals such as accountant and internal auditor. So as a financial expert in Lebanon it will pay you to be your own boss by establishing your own financial consultancy business.
Bakery and Confectionery Business is yet another flourishing business in Lebanon. The good thing about this kind of business is that it enjoys patronage from every household in Lebanon. Even if you are not a trained baker and you intend establishing your own Bakery and Confectionery Business, it won’t cost you more than a month to learn the trade. The training is easy and affordable.
Door to Door Courier service is a unique business in Lebanon. All you need to do to gain people’s trust in this kind of business is to prove over and over again that you are reliable by meeting every delivery targets given to you by your clients and also ensuring that you avoid missing parcels. If your clients complain of missing parcels on transit, then it wouldn’t be long before you go out of business. Just make sure you employ only trustworthy and efficient dispatchers.
9. Chocolate Manufacturing Company-: If you have interest in establishing a factory in Lebanon, then you should consider establishing a chocolate factory. Chocolates are widely consumed in Lebanon and if you are in this line of business, you would sure make good returns on your investment.
Restaurant and Bars is yet another thriving business in Lebanon. Recent statistics indicates that Japanese account for the largest numbers of visitors to Lebanon, so all you need to do to leverage on this statistic is to add Japanese cuisine in your menu list. Although majority of Lebanese are Muslims, but they don’t have any problem if alcoholic drinks are sold in their country.
There you have it; the top 10 business opportunities available in Lebanon. Those who have taken some of the business opportunities seriously in Lebanon have had only success stories to tell. You too can join the train of those making it in business in Lebanon.