Last Updated on November 15, 2022
Do you want to start a business and are looking for a business idea? Look no further. In this article, we shared some profitable businesses you can start. Read on to discover the best for your personality.
South Africa is a country with untapped business potential. There are so many untapped opportunities in the market that you can turn into profitable businesses if you know what you’re doing!
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Untapped Business Ideas In South Africa
If you are looking for a business idea, here are some profitable businesses you can start.
1. Mobile game development
The Mobile game industry is one with a lot of potential in South Africa. Mobile games are the most popular type of mobile application, and they’re more or less free to make, so it’s easy for anyone who knows how to code to get started with their apps.
Mobile gaming represents over 30% of all revenue from digital content globally, and African countries like South Africa have seen significant growth in this sector.
Mobile game development is an excellent opportunity for small businesses, startups, and entrepreneurs to build on the African mobile gaming market.
2. Sale of vegetarian and vegan products
This is another untapped small business idea in South Africa 2022. The Sale of vegetarian and vegan products increases due to an increased number of people interested in a healthy diet.
You will never go wrong with the food industry in South Africa since people will always eat.
You may sell any products that comply with the Sale of vegetarian and vegan products requirements.
3. Sale of natural and handmade cosmetics
There is a certain kind of awareness in South Africa and globally about caring for the environment. There is an opportunity here to go into the business of natural and handmade cosmetics.
The trend is growing, and there are already several businesses in this niche. This remains an untapped business idea in South Africa but will soon be discovered.
4. Real estate business
The Real estate business in South Africa is still untapped, especially in the affordable housing segment. Many South Africans are looking for housing but don’t have huge capital.
On the other end, realtors focussed too much on the upper and middle class, leaving a whole segment of the market untapped.
Office rental is also an excellent business to venture into.
5. IT Services in South Africa
South Africa has such high demand for IT service providers because South Africans are always looking for new technology. This means that there will be more opportunities in the future in the IT sector for entrepreneurs.
6. Car rental service
With services such as Uber, bolt, and the like being around has killed the car hire business. You’re mistaken.
Car rental services offer a different experience for travelers. Car rental service is still an untapped business in South Africa, with more and more people using car hire services on their travels worldwide.
Here is an example of the idea that will make you one of the top providers in this industry. You can rent out your cars to other drivers who need them when they aren’t driving themselves or want to avoid high costs associated with owning a vehicle, such as insurance premiums, fuel charges, and parking fees at airports. A few companies allow customers to book cars online, while others require appointments set up by phone call or email.
7. Online Advertisement Agency
One of the best ways to go about an advertisement is to do it online, as almost 80% of South Africans use social media every day.
So anybody who can take up the challenge of starting up an online agency is sure to gain a lot of business customers.
You have to be creative in your thinking to survive in this business.
8. Event Planning Company
Events need a lot of planning in order to be successful. Event planners are limited to a few numbers of individuals.
If you can get together a team that is dedicated to the planning of events, you are sure to build a company from scratch to be a big business
9. Home Tutoring
If you consider offering your services to various homes which need extra tutor classes for their kids.
You can get paid handsomely well if you are good at what you teach and if they notice positive changes in their kid’s performance, you can have a raise in payment.
10. Pet Breeding
The best pet anyone can have is a dog, and people love to get new puppies and raise them till they are grown. While you can start with a few mature dogs, train them and when they mate and give birth, you can sell the puppies.