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What is the best business to start in Sri Lanka?

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1 10 Recommended Business Ideas in Sri Lanka:

  • 1.1 Home Made Food Business:
  • 1.2 Beauty Salon:
  • 1.3 Fitness Centre:
  • 1.4 Instagram Influencer:
  • 1.5 YouTube:
  • 1.6 Travel Affiliate site:
  • 1.7 E-Commerce Business:
  • 1.8 Online Tutoring:

Contents

What is the most profitable business in Sri Lanka?

2019-2021 list

Rank Name Financial statistics in millions US$
Profit
1 Ceylon Petroleum Corporation -51.66
2 Ceylon Electricity Board -482.55
3 Bank of Ceylon 95.302

How can I start a small business in Sri Lanka?

Let’s start.

  1. Step 1 – How to come up with a business idea. First, you need a business idea.
  2. Step 2 – Validate your business idea.
  3. Step 3 – How to fund your business.
  4. Step 4 – How to register your business in Sri Lanka.
  5. Step 5 – Create a website for your business.
  6. Step 6 – How to market and sell your products.

What is the highest paying business to start?

Most profitable small businesses

  1. Auto repair. Taking a car to the shop for even simple repairs can be a challenge.
  2. Food trucks.
  3. Car wash services.
  4. Electronics repair.
  5. IT support.
  6. Personal trainers.
  7. Newborn and post-pregnancy services.
  8. Enrichment activities for children.

What are the top 10 most successful small businesses?

14 profitable small business ideas worth starting in 2021

  • Home improvement services. In 2020, the housing market saw its highest pace of growth since 2005.
  • Cleaning services.
  • Tutoring services.
  • Personal training and fitness instructors.
  • Delivery services.
  • Digital marketing services.
  • App development.
  • Accounting services.

What are the top 10 companies in Sri Lanka?

BUSINESS TODAY TOP 10

  • JOHN KEELLS HOLDINGS | 6.225.
  • SRI LANKA TELECOM | 5.625.
  • DISTILLERIES COMPANY OF SRI LANKA | 5.550.
  • COMMERCIAL BANK OF CEYLON | 5.475.
  • DIALOG TELEKOM | 5.425.
  • HATTON NATIONAL BANK | 4.350.
  • LANKA IOC | 4.200.
  • CARSON CUMBERBATCH | 3.800.
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What businesses are in demand?

Let us walk you through ten most profitable business opportunities in India that you can start in 2021.

  • Digital Marketing Services.
  • Content Writing.
  • Tutoring.
  • App development.
  • Drop shipping Business.
  • Home-based catering.
  • Consultant.
  • Stock Photographer.

How do I get a business license in Sri Lanka?

How do I get a business registration certificate in Sri Lanka?

  1. Approving your business name from the Registrar of Companies.
  2. Submitting registration forms 1, 18, 19 to the ROC.
  3. Submitting articles of association to the ROC.
  4. Giving public notice about company incorporation.

How many SMEs are there in Sri Lanka?

Sri Lanka has more than 500,000 SMEs, each employing three to five persons on average.

What are the small business ideas?

Best low-investment business ideas you can start on the side

  1. Partner with a dropshipper.
  2. Design and sell print-on-demand t-shirts.
  3. Launch your own book.
  4. Create digital products or courses.
  5. Sell print-on-demand posters, greeting cards, and prints.
  6. Start a charitable business.
  7. Sell a service.
  8. Create an online fashion boutique.

Which business is best in 2021?

46 of the best business ideas that you can start in 2021

  1. Start Your Own Blog. If you think blogging is more of a hobby than a serious business idea, think again.
  2. Develop Online Courses.
  3. Cyber Security Consultant.
  4. Buying And Selling Domains.
  5. YouTuber/Vlogger.
  6. Start a Podcast.
  7. Instagram Influencer.
  8. Dropshipping.

Which shop is most profitable?

High Investment Retail Businesses in India

  1. Coffee Shop. A coffee shop is the most profitable retail business in India but it requires heavy investments.
  2. Ice Cream Parlour. Ice cream is loved by every age group and is a very popular food item.
  3. Fast Food Restaurant.
  4. Car Wash.
  5. Two-Wheeler Showroom.
  6. Beauty Salon.
  7. Restuarant.
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What is the hottest business to start?

15 Hot New Small Business Ideas to Start in 2021

  • #1. Online Publisher.
  • #2. Content Agency.
  • #3. Digital Marketing Firm.
  • #4. Bookkeeping.
  • #5. E-Commerce Company.
  • #6. Web Design.
  • #7. Sell Hand-Crafted Items on Etsy.
  • #8. Flip Items for a Profit.

Which is the easiest business to start?

16 Easy Businesses to Start

  • Event Planning.
  • Gardening and Landscaping Services.
  • DJing.
  • Painting.
  • Yoga Instruction.
  • Local Tour Guide. Image (c) Zero Creatives / Getty Images.
  • Tutoring. Tutor helping one of her students.
  • You Don’t Need Much Money But You Do Need… Couple running small gardening business.

What type of business should I start?

Best Business Ideas in India to Start a Small Business:

  • Automobile Repairs. Car and bike users are forced to visit expensive service centres and wait for days to get their vehicle fixed.
  • Tiffin Service.
  • Electronics Repair.
  • Blogging as Small Business.
  • Private Tutoring.
  • Pet Care Service.
  • Educational Mobile Apps.
  • Bake the Cake.

What business can make you a billionaire?

See below for the full list of the top 10 industries in which billionaires made their fortunes:

  • #1 | Finance & Investments. 371 billionaires | 13% of list.
  • #2 | Technology. 365 billionaires | 13% of list.
  • #3 | Manufacturing.
  • #4 | Fashion & Retail.
  • #5 | Healthcare.
  • #6 | Food & Beverage.
  • #7 | Real Estate.
  • #8 | Diversified.

What is the number 1 company in Sri Lanka?

John Keells Holdings retained the number one position in Business today top Twenty-Five yet again. The second and third positions were secured by Commercial Bank of Ceylon and Ceylon Tobacco Company.

What are the good business in Sri Lanka?

1 10 Recommended Business Ideas in Sri Lanka:

  • 1.1 Home Made Food Business:
  • 1.2 Beauty Salon:
  • 1.3 Fitness Centre:
  • 1.4 Instagram Influencer:
  • 1.5 YouTube:
  • 1.6 Travel Affiliate site:
  • 1.7 E-Commerce Business:
  • 1.8 Online Tutoring:
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What is the most valuable brand in Sri Lanka?

Dialog Axiata PLC
Dialog Axiata PLC had the distinction of being awarded the title ‘Sri Lanka’s Most Valuable Brand’ for the third consecutive year by Brand Finance, the world’s leading independent brand valuation consultancy, at the 18th edition of its annual review. With a brand value of Rs.

What is the safest business to start?

7 Low-Risk Businesses You Can Start Tomorrow

  • Consulting. When you’re trying to think of a good business idea, start with what you already know.
  • Tutoring. Tutoring is another way to use the skills you already have to help others reach their goals.
  • Virtual assistant.
  • Direct sales.
  • Drop-shipping.
  • Service business.
  • Senior care.

Which shop can I open?

Here come the ideas of more than 20+ retail businesses which require low investment but earn good profit.

  • Grocery store.
  • Stationery and bookstore.
  • Customized gift shops.
  • Cosmetic store.
  • Perfume stores.
  • Mobile store.
  • Kids store.
  • Sports shop.
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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.