Coming up with a good business idea is often one of the hardest hurdles, and while Digital technology has made starting your own business simple, affordable and possible, for some business, all you need to start is a phone, a computer, and an internet connection, still ideally, your business idea should consist of three things:
Once you are able to identify a profitable business idea and are willing to follow through persistently, you’ll soon have something to be proud of. And to help you get you started, we have put together a list of 5 profitable business ideas you can start in Morocco or Africa in general.
I - Sell Hand-made Goods Online
Footwear, knitting, jewelry, natural body-cream… there are so many handmade goods out there. Unfortunately, prospective entrepreneurs often overlook this one because it isn’t one of the ‘fancier’ busines options. But it is absolutely viable, and there is a huge market for it. There is especially a market for these types of goods when they are marketed with your own personal story.
II - Ride Sharing Business
Anyone who considers himself or herself a good driver can sign up with Careem or similar apps and make a living driving people around town. While working as a Careem driver may not sound like an exciting career, it’s certainly a great way to put food on the table when you find yourself in between jobs.
III - Teach Online
The success of Khan Academy, a non-profit educational organization created in 2006 by Salman Khan, and online classes during the COVID_19 pandemic, has proved the effectiveness of online teaching and paved the way for talented educators and their students. You can sell your expertise as video content on YouTube, or create your own website and charge your students on an hourly basis for Skype, Zoom or Hangout ….etc lessons.
IV - Hostel Owner
You heard that right, you can start you own hotel business right from your home. With services like Airbnb, you can turn your house, garage, or just a single room into a unique accommodation for tourists and travelers from all around the world. The online platform will take care of the initial exposure and will provide a way for owners and clients to conveniently communicate.
V - Software Development service
Software developers create, test and maintain software. The demand for software developers is expected to increase by 17% each year through 2023 with good pay. With computer technology advancement, the scope for software developers looks bright. Besides, most big companies will need networks that are faster, more seamless, and more secure. Providing these solutions through a software company could make a very profitable business.