41+ Lucrative Small Business Ideas in Myanmar (High Profit)

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A Rich Resource-based Country That Provides Many Small Business Ideas in Myanmar 2023 Not Only in the Offline Sector but Also in the Online Sector as Well.

Myanmar is a Developing Country That Provides Many Opportunities to Start Businesses as an Entrepreneur Inside the Country or as Foreigners.

The Economy is Majorly Based on Agriculture, Infrastructure Development, Tourism, and Mining of Rich Resources Like Petroleum, Coal, and Renewable Energy With a GDP of Us$327.629 Billion as Per the World Bank Report.

As a Young Entrepreneur, the Country Provide Many Benefits Like Wide Availability of Raw Material Resources, Skilled Labour, Global Transportation, and a Wide Market for Product Selling and Research.Small Business Ideas in Myanmar

41+ Small Business Ideas in Myanmar 2023 (High Profit)

Some of the Major Business Cities Are Yangon, Mandalay, Naypyidaw, Bago, Hpa-an, and Taunggyi Where You Can Set Up Your Business and Make Your Business Grow by Taking the Advantage of an Unsaturated Market.

Agriculture Business

Agri-FarmingAgriculture and Farming Business is One of the Most Lucrative and Local Business Idea That You Can Start With the Help of Modern Technology.

In Myanmar Agriculture is Directly Connected to Food So the Government Comes With Different Supports for the Farmers.

As a Young Entrepreneur, You Can Start This Agriculture Business With the Help of Modern Technology and Equipments With the Agricultural Loan and Work on Different Types of Agriculture and Livestock Farming.

With the Proper Planning and Hard Work You Can Make This Business Profitable by Dominating That Traditional Agriculture.

Tours & Travel Service

Travel AgencyThere Are Many People Who Want to Go Outside and Also Many People Want to Explore Myanmar is There Are Many Beautiful Places to Visit.

Some of The best Places in Myanmar Are Ananda Temple, Inle Lake, Pindaya Caves, and Ngapali Beach.

With a Low Investment You Can Start a Small Tour and Travel Business and Help People to Reach There Destination, You Can Help Them in Booking Hotels, Restaurants, Train or Flight Tickets, and Reach Their Destination Under a Good Budget.

Along With You Can Provide a Tourist Guide and Rental Services to Make Money From It, Also Starting a Website of Your Business Will Help Tourists to Register and Get Help Online. It Will Increase Your Brand Awareness and Helps to Get More Clients.

Training & Consultation Business

Training and Consultancy Business is Another Zero Investment Business Idea That You Can Start With Your Skills.

From Computer Training to Different Types of Trade Training, You Can Provide to Different People and Earn Money From It.

There Are Many Trades Out There, and Computer Training is Currently the Most Popular Among All, as It Provided Different Types of Job Opportunities and With the Growth of Modern, the Demand for It is Growing.

So You Can Start Different Types of Training and Consultancy Business Require Zero Investment to Start.

Real Estate Business

Real Estate is One of the High Profitable Businesses, That Require Good Capital to Start.

Myanmar is a Highly Growing Developing Country, So Starting Any Business Related to It Holds a Great Opportunity.

So Start Investing in Real Estate Business if You Have Any Investment and Make a Business Plan Around It to Get a High Return by Doing the Market Research.

Most Successful Small Business Ideas in Myanmar

Fishery Business

Fishery BusinessStarting of Any Aquatic or Fishery Business That You Can Start With a Descent Investment, That Demand of Different Type of Fishes & Prawns in the Global Market So It Has a Great Potential and Demand.

To Start This Business Unit to Understand the Market, Budget, and Plan.

It Requires Human Resources and Testing and Checking of the Water and Fish for the Better Growth of the Fish and Prevents From Different Types of Diseases.

You Can Also Mix Farming and Aquatic Business at a Time and Make It More Profitable.

Agricultural Equipment Manufacturing

In Myanmar Agriculture is One of the Biggest Traditional Business That Connected With Many Small Businesses and Provide Employment to Different People and the Agricultural Equipment Manufacturing Business is One of Them.

Who is the Proper Knowledge and Investment You Can Start Manufacturing Different Types of Advance Agriculture Equipments and Sell It Across the Country You Can Also Lease Your Product to the Local Farmers.

The Government Also Supports and Help Businesses That Are Related to Agriculture, So With a Low Investment You Can Start This Manufacturing Business and Sell Your Products.

Blogging as Business

It is one of the Best Work from Home Online Businesses Which Has Multiple Earning Sources Like Affiliate Marketing, Online Product Selling, Earn From Ads, Sell Personal Products and Services, and Guest Posts.

From Here You Can Assume the Potential of Earning in Blogging and It Requires Only Less Than $100 to Start and Launch Your Blog in 2023.

Of Course, at the Starting of Your Blogging Journey, It Requires Learning and Hard Work but Eventually, All Your Hard Work Will Be Benefited at the End.

Furniture Making

With a Good Investment, You Can Start a Local and Profitable Business Which is Furniture Business.

Furniture Are Used in Our Daily lives and Many People Looking for Multiple Pieces of Furniture From Tables to Desks, You Can Start a Small Furniture Shop in a Marketplace and Start Selling It.

Yoga & Fitness Trainer

Yoga & Fitness TrainerIn Myanmar 2023 Many Peoples Are Getting Concerned About Their Health and Starting Any Business Related to Fitness is Another Most Profitable Small Business That You Can Start With Low Investment.

You Can Start a Yoga or Gym Trainer Business in Your Local or a Crowded Place in Your City to Attract More People and Get Conscious About the Health.

You Can Also Fitness Products, Gym Products, Proteins to the People, and Extra Money From It.

Profitable Business Ideas in Myanmar

Computer Sales and Service

It is one of the Best Future Proof Service Based Business That You Can Start With a Low Budget.

The Rapid Growth of Computer Technology Increases the Small Businesses Related to It, So It is a Very Low Investment Business, That You Can Start a Computer Servicing Business in Your Local Area.

With 6 Months of Course You Can Learn Smartphone Repairing and Start Your Business Without a Huge Investment It is Another Future Proof Business That is Growing Rapidly and Open Multiple Opportunities to Start a Business.

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

Handicraft Store

Starting of a Small Handicraft Selling Business Business Idea That You Can Start.

There is a Great Demand for Handicrafts and Myanmar is Full of Skilled Craftsman.

So Starting a Small Business Related to It and Selling Different Types of Handicrafts Like Pottery, Leather, Bamboo Handicrafts, and Other Are Very Profitable.

Jewelry Designing

If You Have the Proper Skills and Idea for a Jewellery Business Than You Can Start a Small Jewellery Shop in Your City.

It is a High Investment and High Earning Business That You Can Start in 2023, There is a Huge Demand for Different Types of Modern Jewellery Between the Women and those Looking for Different Types of Accessories.

To Start this Most Profitable Business With the Proper Investment and Training.

Barber Shop

Start a Small Salon or Barber if You Have the Skills of Hair Cutting.

It is a Human Related Business and Always in Demand for This Service, So Start This Low Investment in Local Shop in a Market Place.

Street Food Selling

Fast Food JointsStarting of Small Street Food Business is Yet Another Profitable Local Business, Some Famous fast Foods are Samosa, Mohinga, Burmese Tea, and Shan noodles.

It is a Small Business, Where You Process All the Food Items From Home and Sell It on the Street Side.

To Start It, You Don’t Need Any Documents or Land You Can Easily Start Selling Different Demanding and Regional Street Foods Like Cake, Fast Food, Drinks, and Others.

Online English Teaching

There Are Many People Who Looking for to Learn English and if You Have the Proper Idea of How to Speak English Then You Can Provide Online English Coaching to Different People.

English is a Global Language and There is a High Demand for It, So Many People Wants to Learn English and You Can Help Them by Joining Different Online Platforms and Teach Them How to Speak English Throw Online.

Event Management Service

Starting a Small Event Management Business is Another Profitable Business Where You Need to Invest a Very Low Amount.

From Weddings, Parties, and Concert Joining It Needs an Event Management Service, So if You Have the Proper Skills and People Then You Can Start a Small Event Management and to Get Clients, You Can Work With Small Events.

Top 10+ Manufacturing Business in Myanmar

With All the Available Resources, It Enhances Mnay Small Businesses to Start in Myanmar.

Some of the Profitable and Low Cost Manufacturing Business in Myanmar are:-

  • Homemade Chocolate/Cookies
  • Candle Making
  • Potato Powder Making
  • Garments
  • Leather Bags
  • Wood Products
  • Hair and Beauty Products
  • Bakery
  • Palm Oil Processing
  • Ice Cream Making
  • Car Modification

Top 10 Online Business Ideas to Start in Myanmar

  • Domain Flipping
  • Social media specialist
  • Freelance writing
  • Digital Marketing
  • YouTube Channel
  • Vlogging
  • Graphic designer
  • Earn From Survey Sites
  • Data Entry Jobs
  • SEO Expert
  • Online Tutoring
  • Affiliate Marketing
  • Ecommerce Business
  • Web developer
  • Blogging
  • Stock Market Trading

Top 10 Low Investment Business Ideas in Myanmar (No Cost Business Ideas)

  • Car Cleaning
  • Blogging
  • Affiliate Marketing
  • Landscaping Service
  • Security Services
  • Courier Service
  • SEO Specialist
  • Food Shop
  • Service Based Business
  • Career Counselling
  • Handy Man

Top 10 Service Based Business Ideas in Myanmar

  • Software as Services
  • Training Services
  • Pet sitting
  • Makeup artist
  • Personal Services
  • Smart Phone Repairing Service
  • Consulting Services
  • Courier Service Business
  • Call Center Business
  • Graphic designer
  • Financial Services
  • Catering Services
  • Handyman
  • Travel Services
  • Security Services

Wrap Up

In This Post, We Add All Types of Small Businesses, Manufacturing Businesses, and Processing Businesses by Understanding the Availability of Natural Resources.

We Add Different Types of Small Businesses for Working Professionals, Students, and Housewives for Part Time to Full Time Businesses.

So Start a Profitable and Low Cost Small Business Idea in Major Cities of Myanmar by Taking Advantage of Business Funding Provided by the Small Finance Banks.