PROFITABLE SMALL TOWN BUSINESS IDEAS AND OPPORTUNITIES FOR ENTREPRENEURS
Are you looking for business ideas for small town and rural community? Do you want to start a business in your village? Are you interested in the best business to start in a small town?
Rural Area Business Opportunity + Small Village Business Ideas
Which business to start in a village? A popular question most prospective investors in rural settlements ask is ‘What Business Does Every Small Town Need?’ Whether your are in the US, UK, Canada, South Africa, Kenya, Ghana or Nigeria, your choice of business must be one that takes advantage of the abundant raw materials, labor and land available in rural areas and small towns.
You must be careful not to pick a lucrative small business whose growth and expansion would be hampered by the needed infrastructure that may be absent in most villages especially when investing in third world countries.
Small Town Business Opportunities + Business Plan
Starting a business in a small town can be frustrating if you don’t have a good business idea with low investment. This is why I have taken the time to compile this small business ideas list in order to assist anyone who is passionate about investing in small towns and rural areas. Many of these rural business opportunities can be classified as:
Best Business for Village
Do you know that one of the top problems confronting many nations in the world today is Rural to Urban migration? This is because people who leave the hinterland for the more developed cities do so for job/business opportunities and also for a desire to have a better standard of living.
This movement has been fraught with a number of challenges. For one, and especially prevalent in developing countries that do not have adequate planning, there is the strain on the available infrastructural resources to cope with the large influx.
Another reason is that many economies are experiencing economic recession; hence job openings are diminishing rapidly in cities and larger states.
However, the present day economic indices show that small towns and villages are becoming the next frontier in starting and running new business ventures. The attractions to starting a business in a small town include low start-up costs, the leverage for flexibility as well as the presence of a receptive market.
Based on these enabling factors, you can explore and exploit the following business ideas for a small town:
Small Business Ideas for Small Towns, Villages and Rural Areas
Here are eight low cost small businesses that thrive in villages and rural areas:
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Do you need the best ideas for small businesses in rural villages related to agriculture? Cultivating food crops and rearing animals that are supplied fresh to people in urban centres is a good way to make money in small towns. Many people prefer vegetables and fruits harvested fresh from villages because these products are organic in nature and contain no chemical preservative that are usually harmful in nature. Most manufacturing companies also rely on raw materials that are produced from rural farmland such as cotton, rubber, fruits, oil palm etc.
Many people want to know the best agro -allied business opportunities in small towns. This necessitated my next question: ‘What are the best agricultural business ideas for villages?
Well, this question is difficult to answer considering that I have not toured round all agribusiness. But from all indications, poultry farming, fish farming; oil palm, cocoa and vegetable farming are some of the most profitable small business opportunities available in farming and agriculture.
2.==> Trade Skills For Money
Since there is need for various constructions in rural settlement, if you are skilled in carpentry, wood work, metal work, machine repair and welding services; you are sure of making decent money. House roofing, boat building, local fabrication of farm equipment etc are some the numerous ways skilled artisans can make money from the construction need of people in small towns.
A local construction company is probably the best businesses to open in a small town if you have the necessary skills.
3.==> Market Agric. Produce
Buying and selling animal and plants products is a good business idea for developing areas and suburbs. You have access to many of these agro commodities at cheap price which you can repackage and sell at higher returns in major towns and cities.
Supplying farm produce is a profitable small village business idea because you make a lot of money from the supply chain as a distributor of fresh eggs, chicken, day old chicks, vegetables, fruits etc; to major cities in your countries and abroad.
4.==> Offer Tourist Services
If you have a point of attraction in your locality and you are not making money, then I can tell you sincerely, you have been sleeping. Tourist centers have attract visitors naturally. One of the ways to generate income from that natural scenery, spring, highland, plateau is by rendering tourism services to visitors who come flocking especially during holidays and festival periods.
Set up a company to provide tourist guides who would take visitors round and educators who would provide historical facts and information about what tourists have come to see. Before you know what’s going on, you will discover that you have created wealth for yourself and employment for your community.
5.==> Gather And Sell Scrap Materials
Gathering and selling used plastic containers, scrap metals and equipment, scrap jewellery etc for the purpose of recycling is one of the most lucrative small town business ideas. This is because villagers believe there is no value left in this items and you can easily find them lying all about. If you can gather substantial amount, these materials can be exchange for good cash.
6.==> Produce Local Clothing And Jewellery
Rural community people have peculiar clothing materials and dress styles. If you start a rural business of producing, selling local wears and local jewellery you will make a lot of money. Many people have been able to exploit the one of man’s basic need which is clothing to amass wealth to themselves.
Hand woven materials and locally knitted stuff appeal to local people better. This is especially true for special wears during celebrations like wedding, burial, naming and coronation ceremonies.
7.==> Sell Flowers
Because of the abundance of flowers, abundance of farmland to cultivate it, many people have turned florist selling flowers to community people and tourists. These particular set of investors make double profits especially during seasonal holidays and festival celebrations.
All you need is a sound knowledge of horticulture and gardening, tight marketing and locating your sales outlet in a conspicuous corner of the town. In order to promote your flower business, you can look into offering free home delivery to new and loyal customers.
8.==> Firewood Business
Well, if you are in Nigeria and some other developing African countries like Kenya, you will understand that the demand for firewood as an alternative source of energy for cooking and heat generation is high. There are two ways of making money from firewood business.
One is by gathering and selling firewood directly to the end users while the other involve the burning of firewood to produce charcoal which is then broke down into lumps for local and industrial use.
This good small town business opportunity involves a lot of labor which can be acquired at affordable rates in rural areas.
9. A Convenience Store
One of the most profitable businesses you can start in a small town is a convenience/retail store. Big retail businesses usually consider issues like the feasibility and return on investment when it comes to establishing supermarkets in smaller settlements; hence these places are usually overlooked. This presents ample opportunity for you to provide a much needed service, as inhabitants require everyday items such as bathing soaps, toothpaste, beverages, toiletries et al.
In order to run a success convenience store, you will have to strike a beneficial relationship with suppliers of your basic stock. Since these suppliers are usually situated in larger cities, you will also have to evolve cost-effective ways of transporting your stock to your business location. You should also look to offer these everyday items at an affordable/discounted prices.
10. Plastic Recycling and Metal Scrap Sales
If you reside in a small town, then you can consider starting a plastic recycling and /or a metal scrap gathering/sales business. For starters, you should have a plentiful supply of these products lying about that small town, as chances are high that the inhabitants do not place much premium on them.
One of your major strategies will be to find a cost-effective means of gathering these products in commercially viable quantities. This will entail the engagement of workers to assist in this regard.
The tools of your business will include a weighing scale, collection bags as well as a collection/sorting center. At the other end of your business structure, you will have to establish a relationship with plastic recycling and smelting plants who will pay for your supplies of waste plastic and metal.
11. A Tutorial Centre
With the world turning into a global community, even the small town has inhabitants that desire to become literate and acquire other desirable skills. If you are knowledgeable and have a flair/love for teaching, then you can decide to set-up a tutorial centre in the small town you reside in.
For starters, the cost of starting a learning centre is low; what you will require includes basics such as a suitable location, benches, chairs and tables, as well as books and other instructional materials. The cadre of your clients can include small children, teenagers, young adults and even the elderly.
You can expand your operations by engaging other suitably qualified hands to help out in subject areas that you do not specialize in.
Traditionally, small towns and villages have almost always provided the peasant and subsistence agriculture/farming that offer crops and animals for the big cities and settlements. With the rural to urban migration mentioned earlier, a number of these small holding farms have been abandoned.
You can decide to pursue the idea of starting a farm in the small town you reside in. You should carry out a detailed survey so as to determine the kind of crops, the climate and soil of the town can best support.
You can elicit the contribution of local authorities in the area of the provision of improved varieties of crops as well as fertilizers. Your major clients will be manufacturing/processing concerns in the cities closest to you as well as large urban provision stores.
As a value addition to your farming business, you can also set-up an integrated processing plant, in order to turn your produce into semi-finished and finished products, thereby expanding your revenue stream.
With the increasing expansion of the knowledge driven world that we live in, inhabitants of small towns also have a need to send and receive information via the internet and other channels. In addition, you will find that there is a need to also have documents typed and dispatched to various destinations.
You can cash in on this opportunity by setting up a Computer and Internet Services Center. Your most basic requirements will include having a number of computer systems, internet access as well as a source of uninterrupted power supply.
Great And Successful Businesses To Start in Small Towns, Villages and Rural Communities
There are other business ideas with low investment that can be exploited in small towns. You only have to rigorously research the available options against the backdrop of your expertise, finances and other resources. On a final note, you should understand that there are lots of profitable businesses that you can open in rural areas on a small scale with little or no capital.
With a determined spirit, good business and marketing skills those little small town business ideas will grow into an household brand soon.