A business idea is a thought or a collection of thoughts that entrepreneurs generate in mind for commercial purposes. If developed in a time when the demand of products or services is high, business ideas can be useful to a profitable business. There are various characteristics of a business idea.
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It satisfies customers with needs or service. In addition, it is innovative, unique, clear focused, and profitable in the long run. In this context, there are ten business ideas with suggestions on their locations, descriptions and the reasons which have been proposed for their likelihood to survive in the proposed regions.
First idea: Abmilan Italian Restaurant
Starting a restaurant that offers a high quality Italian food at Abha in Saudi Arabia is a good business idea. This thought is innovative because there is no competition since there are no Italian Restaurants in this city. This location is a tourist attraction for many people in the Arab Gulf Countries. Moreover, the business will succeed because the Italian cuisine is regarded as the best food.
Second idea: Southern North HRS
The human resource solution offers headhunting office, manpower plan, HR strategic and consultations. There are no professional HRS offices in Saudi Arabia. Most of the companies get this service out of Saudi Arabia. Thus, it is costly for these companies to get the service. Starting at HRS in Riyadh, the capital city of Saudi Arabia, is a wise business idea that will lead to making huge profits within a very short time. The business idea is on the creative plane, and there is no doubt that the business will do well in the region.
Third idea: Middle Eastern Buffet
Locating a restaurant that offers buffet in Halifax, NS, Canada is a wise business thought. The restaurant will offer many Middle Eastern foods such as appetizers, main meals, dessert and coffee. In Halifax, the Arabic language is the most common after English. This is a clear indication that the restaurant will succeed because of the high population of Middle Eastern people in Halifax. There is no Middle Eastern restaurant offering buffet in Halifax. This increases the chances of the business to be successful.
Fourth idea: Malumaat ITS Company
In Arabic, the word Malumaat means information. Malamute ITS Company offers software solutions, computer technology consultancy, and technology services. This is offered to companies or government departments that need to create and build system. Starting a Malumaat ITS Company in Baghdad, Iraq is the best business idea for investors. Notably, the city presents a great future in this industry because the war affected the information technology.
Fifth idea: Fast Exchange Money
Fast Exchange Money offers money exchange for any country. Starting this business in Saudi Arabia airport and major hotels are a good business idea. The business will be successful because no hotel has this service in Saudi Arabia. Moreover, people in Saudi Arabia use cash more than plastic money because there are few of stores that serve as debit machine.
Sixth idea: F & T Fashion Style Online Store
F & T Fashion Style Online Store offers women and men’s fashion clothes, shoes, accessories and wedding dresses. Starting F & T Fashion Style Online Store business in Jeddah, Saudi Arabia, is the best thought for investors because it has the biggest seaport in Saudi Arabia. Thus, it is easy to connect to Europe, which makes it easy to make imports. Women in Saudi Arabia spend heavily on fashion. Thus, this will be a great investment in this industry in Saudi Arabia.
Seventh idea: Leadership Training and Development College
Starting a college for leadership and training development in Riyadh, a capital city of Saudi Arabia, is an excellent business idea for investors because many colleges do not offer good programs. In addition, many companies send their employees outside Saudi Arabia to get a good training. This aspect will benefit the business by cutting costs. Offering special discounts for a group of people will attract learners to the college, thus leading to the success of the business.
Eighth idea: Deliver from the supermarket to the customer’s home
Through an online retail store, a customer can see the price and purchase the products through the online channel. The products are delivered from the supermarket to the customer’s home. Starting such a business in Riyadh, Saudi Arabia, is a good business idea. In this case, within Arabia, there is service delivery for grocery. However, there is no supermarket that offers an online shopping service. This idea is on a creative plane because there is no competition.
Ninth idea: ABC College
ABC College teaches Arabic to foreign people who want to speak Arabic. Starting ABC College in Riyadh, is a wise thought because there are many international workers who would like to learn Arabic while working to improve their communication skills. The probability of the business to succeed is too high.
Tenth idea: Real Estate Online
Real Estate Online offers a real estate online service that is updated daily. Starting Real Estate Online in Riyadh, Saudi Arabia is a wise business idea because there are a few websites that offer this service but do not update information daily.
A good business idea should be innovative and have a clear focus. It should also satisfy the need of customers. The idea should be unique and profitable in the long run. Saudi Arabia offers a wide range of business opportunities. Therefore, developing a business idea in the region is easy.