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35+ New Small Business Ideas in Malaysia 2023 with Good Profit - Smallbusinesstree

35+ New Small Business Ideas in Malaysia 2023 with Good Profit

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Malaysia is a South East Asian Country That Provides Many Small Business Ideas in Malaysia With Good Earning Opportunities.

In the Last Few Years, There is a Massive Growth in the Malaysian Economy, and Enhance Multiple Business Like Industrial, Manufacturing Businesses and Service Waste Businesses to Grow Rapidly.

Kuala Lumpur is the Capital of Malaysia and Its Developed Economy Provides Many Opportunities and Private Sectors to Start a Business in the Country Along With Foreigners.

The Economy is Majorly Dependent Upon Import and Export Businesses Like Electronic Gadgets, Natural Gas, Refinery Oil, Home Appliances and Other Are Tourism, Infrastructure, and Others.

A Developed Economy Holds a GDP (PPP) of $1.096 Trillion That Encourages Many Small Startup and Small Business Owners to Start Their Are Businesses in the Country by Taking Multiple Advantages of It.Small Business Ideas in Malaysia

35+ Small Business Ideas in Malaysia 2023 with Good Profit

From Tourism to Online Business We Have Listed All of Them and Ranked Them as Per the Earning Potential, Business Opportunity, and Market Demand.

Recruitment Service

Malaysia is Full of Tourism, Hotel, IT Industry, and Small and Mid Scale Businesses, So Starting of a Requirement Service is Another Best Business Idea to Start with Low Cost.

Many People Come to Malaysia For Jobs and Services Purpose and Starting a Requirement Service and Hire People For Different Industries has Good Potential.

Open a Hotel

Open a HotelStarting a Hotel and Resort Business Each Another Good Idea if You Have Some Investment.

Some of the Famous Fast Foods That You can Serve in Malaysia are Penang Asam Laksa, Rojak, Apam Balik, Fried Bee Hoon and Nasi Lemak.

Malaysia is It to Tourism Country and Many Peoples From Inside or Outside the Country, Visit Regularly. If You Have a Budget Then You Can Start a Small Hotel and Restaurant Business in Any Tourism Place in Your City.

You Can Also Open an Online Website to Get Bookings of Your Hotels.

Profitable Online Small Business Ideas in Malaysia 2023

IT Services

If You Have the Knowledge of Coding and How to Run a Business, Then You Can Start a Small It Company.

From Small to Large Businesses Are Coming Online and Looking for Different Software for Web Development Services.

With Marketing and Promotion, You Can Work for Small Businesses and Get Orders for Your Company at the beginning.

Cyber security Business

Cyber security BusinessIf You Have Any Skills in Cyber Security, Website Protection, or Online Security, Then You Can Start a Small Business Around It.

From Small Businesses to Large to Industries Are Coming to Online to Take Their Business to Global Level and Here You Can Help Them by Collaborating the Website Protection From Different Suspicious Websites and Protecting Them From Threats.

Cyber Security is a Future Proof Business for Job Opportunities, That You Can Start and Earn a Great Amount of Money From It.

Fintech Business

Starting of Any Fintech Business for Startup is Highly Profitable as It is Directly Connected to Money and Their Multiple Source of Earning From One Business.

With the Proper Knowledge of Personal Finance, You Can Start Different Types of Fintech Business Like Personal Advisor, How to Invest Money, Stock Market and Trading Investing and Others.

Bags and Shoe Production & Selling

Bags and ShoesThere is a Huge Demand for Bags and Shoes in 2023, So Starting a Small Manufacturing Business Related to It is Another Profitable Business.

There Are Many Popular Brands Related to Source and Handbags, So With a Low Investment, You Can Start This Business and Make It Profitable by Selling Your Products Online.

You Can Use Instagram to Target the Young Customer for Your Products and Sell Them Products Online. Take Your Business to the Global Level With the Help of Digital Marketing and Make It the Next Unicorn.

Work on AI Company

From Chart Gpt to Working Bots, There is an Immersive Growth of Artificial Intelligence in 2023, From Businesses to Joining the Companies the Scope of Working on Artificial Intelligence is Very High.

There Are Many Startups and Small It Businesses Coming to the Front With Ai Programs That Help People in Real Life Problems.

So if You Have Any Skills and AI Development Ideas Then You Can Start Your Small Business or Work With Mnc to Take This Business to Another Level.

Services based Small Business Opportunities in Malaysia

Attorney Service

Attorney ServiceIt is one of the Most Demanded Small Business That You Can Start and Work for Other Small Businesses and Help Them to Get Registered and Help with Other Business Issues.

Start This Service-Based Attorney Business in Malaysia Without Any Investment and Help Other Small Businesses with Different Types of Legal Issue Conditions.

No Matter When It Comes to Company Registration, Tax Benefits Claims, Copyright Protection, Deal With Legal Issues It Need Lawyers and You Can Help Them With These Issues and Help Them to Protect They Are Business and Grow Them by Making Money From Them.

At the Same Time, You Can Work for Multiple Small Businesses by Opening Your Small Law Firm in Your City.

E-Commerce Business

EcommerceAfter the Pandemic, From Small Businesses to Global Businesses, Everyone is Getting Aware of the Presence of Online Businesses or Taking It to Online.

So There is Huge Potential for Online Ecommerce Businesses, Where Small Businesses List Their Products and Sell Them With the Help of Digital Marketing.

With a Minimum Investment, You Can Launch Your E-commerce Platform and Sell Products Online in 2023 With the Help of Digital and Social Media Marketing.

Online Teaching

If You Love to Teach Students Then You Can Start Both Online and Offline Teaching.

There is a Great Demand for It, and You Can Start to Eat Both Full Time or Part Time Career Option, You Can Also Sell Pre Recorded Courses to People With the Help of Marketing.

There is a Great Demand for Different Types of Skills From Computing to Coding and With Your Proper Knowledge, You Can Make Money From It.

Food and Beverage Business

Food BusinessStarting a Food and Beverage Business is Another Low Investment Food Business Idea.

Food Business Are Always Small Profitable Business Where You Have to Process Different Types of Food and You Can Also Add Beverages Like Coffee, Coldrinks and Others.

Small Business Idea That You Can Start With Low Investment in Your Local Area and Does Not Need Particular Skills to Start.

Open a Gift Shop

From Wedding to Birthday Parties at That Time Gifts is Comes to Our Mind Fast.

Opening a Small Gift Shop is Another Most Underrated Business That You Can Start With a Low Budget, You Can Add a Different Type of Small to Large Gift and Toys in Your Shop and Sale in Your Local Area.

Beauty Parlor & Spa

Beauty Parlor & SalonIn Malaysia, There Are Many People Who Console About Beauty and Health Especially the Women, So Starting a Beauty Parlor and Spa Business That You Can Start.

It is a Good Business That Require Very Less Investment to Start. There Are Many Women Who Looking for Hair Care, Pedicure, Manicures, and Other Cosmetic Works and You Can Provide Different Types of Massage & Spa Services in Your Shop.

There is a High Demand for This Business and You Can Make It Profitable by Providing Discounts at the Beginning of Your Business.


The Growing Economy of Malaysia Enhances the Transportation Sector.

So if You Have a Good Investment Then You Can Start Your Own Logistics and Transportation Business.

This is a Great Business Idea Where You Can Transport Different Types of Raw Materials, Goods, and Crop Across the Country.


FreelancerThere is a Used Demand for Different Types of Online Skills Like, Coding, Content Writing, Marketing, Ads Services, and Others.

So if You Have Any Popular Skills Then You Can Start Selling It Online and Earn Money is a Part-Time Freelancer.

There Are Many Platforms Where You Can Open a Profile and Work for Different Clients.

Car Cleaning & Detailing

The High Growth of the Automobile Industry Increases Many Businesses Related to It Are Growing Rapidly and Getting Popular Day by Day.

Automobile Repairing and Cleaning is One of the Low Investment Business Idea That You Can Start. To Start This Business You Have to Select a Road Side Area for a Better Customer Acquisition.

You Can Also Provide Other Services Like Modification & Stickering as Well. It is one of the Best Low Cost and Local Business Idea That You Can Start in 2023

Smart Phone Repairing Service

Starting a Low-Cost Smartphone Repairing Business Has Many Potential to Start.

The Growth Of the Smartphone and Tech Industry is Growing Rapidly and Starting a Service Based Business is a Good Idea.

With low cost and a Few Months of hardware Training, You can Start a Small Smartphone Repairing And Accessories Selling Business

Online Retail Marketing

Online Marketing is Another Most Profitable Small Business That You Can Start From Your Home.

There Are Many Businesses Looking for Different Types of Online Marketers for the Sales of Their Products. It is a Business Where You Sell Products and Services on the Internet With the Help of Marketing.

So if You Have the Knowledge of Google Ads, Native Ads, and Running of Ad Campaigns Then You Can Start This Lucrative Business in 2023.

Cook & Catering Business

Cook & Catering BusinessCatering Services Are Always a Demand Business That You Can Start With Few People.

From Small Events to Weddings, There is a Good Demand for Catering Services and You Can Start With the Minimum Skills.

Starting and Cooking and Catering Services Business is One of the Best Service Based Businesses That You Can Start With Low Investment.

It is a Local Business Where You Get Multiple Clients in Your Locality.

Multi-Cleaning Services

In Malaysia, There is also a Great Demand for Cleaning Businesses, which is the Growth of Modern Society.

From Office to House It Requires Cleaning and Needs Different People to Clean Huge Place. Different Types of Cleaning Like Car Washing, Bike Cleaning, Home Cleaning, and Glass Cleaning. As It is a Service Based Business So Does Not Require Any Investment to Start.

You Can Start This Business as a Part Time or Full Time and Earn Money From It on a Monthly Basis.

Small Scale Manufacturing

Malaysia is Full of Resources and There is a Widely Availability of Raw Materials and Minerals, It is Also Connected With Different Roadways for Global Import and Export, So Starting Any Type of Small Scale Industrial Business is a Good Idea.

If You Want to Start a Small Scale Industrial Business Then You Can Do a Market Research by Understanding the Users Requirement and Start Different Types of Processing Business as Per You Like From Crops to Furniture Manufacturing You Can Start With a Low Budget.

We Can Work as an Entrepreneur and Solve the Problems of People in the Daily Life by Launching Your Product.

Top 10+ Low Investment Business Ideas in Malaysia (No Cost Business Ideas)

  1. SEO Specialist
  2. Car Cleaning
  3. Blogging
  4. Affiliate Marketing
  5. Landscaping Service
  6. Security Services
  7. Courier Service
  8. Food Shop
  9. Service Based Business
  10. Career Counselling


Hope You Find the Best Small Business Opportunities in Malaysia in 2023, We Choose the Profitable Businesses for Any Type of People and You Can Start Both Full Time or Part Time Career Options.

From Travel to Business Malaysia is a Great Destination to Start and for Both Locals and Foreigners, There is a Great Potential to Start Any Type of Startup in This Business Friendly Country Clean and Clear Business Policy.

So Find the Best Businesses for You by Analyzing the Market Competition, Budget Plan, and Registration Process.