Do you want to start your business in Mauritius, but with little capital? Well, before you start learning about the process of company registration in Mauritius, you need to decide the nature of your business and the products and/or services you are going to deal with. And for this, you need a business idea for which we have got you covered.
We have compiled together a list in which we are going to discuss some startup ideas that could help you in narrowing down your options to help with your decision.
However, before we start with them, here are small background regarding business in Mauritius:
Business in Mauritius
If you are well aware of the rules and regulations of business in general, and in Mauritius, you can easily start your business here. The country is situated in southern Africa with more than 1 million citizens. Since the pandemic has led to various shifts in all kinds of industries, there is so much that you can do here. First of all, analyze the state of the market, commercial viability, and what the future holds for your business.
As stated above, you need to have an idea to begin with, and then the capital for the initial expenses. If you are a resident there or want to start a business in Mauritius, here are a few ideas for you:
Compared to its consumption, rice production is rather low in Mauritius. So, cultivating rice could be a great business idea that can yield good revenue.
Digital Marketing Agency
For young entrepreneurs, website design has become one of the most favorable businesses. And this applies globally, not just in Mauritius. You just need to have a sound grip on areas such as SEO tactics, marketing strategies, and a clear understanding of online processes. A digital marketing agency could prove to be quite a lucrative business opportunity for you.
Education is everyone’s fundamental right, but there are not enough schools to provide quality education in Mauritius. So, if you opt for tutoring, you can make a long income. You, along with some more people could start tutoring services. It can be a profitable small business in Mauritius. You can either do part-time or full-time.
Moreover, it does not have to be academic only. If you can play an instrument, have skills so fine arts and crafts, are a great cook or artist, you can use these skills and teach as well.
One of the cheapest, and at the same time, profitable businesses to start in Mauritius is poultry farming. It is expanding at a fast pace. Birds are quite easy to breed as they reproduce quickly. Moreover, they mature quickly too. You can start small and expand your business at a fast pace, this makes poultry farming quite profitable. You can sell eggs as well as chicken meat.
Dealing with second-hand products can also yield good returns. It is a growing industry and a good business opportunity as well. The best thing about second-hand products is that it increases the life-cycle of products. If things are suitable for use by another, why not? To start this business, you must understand what people want to buy and then get in touch with the relevant suppliers.
Start small, focus on quality, keep reasonable prices, and work on your customer base.
You have no idea the amount of wealth you can make via snail breeding. Snail farming is an easy business and can be started with a small amount. You don’t have to spend a lot on food and housing. Snails reproduce quite fast. And there is a demand for them in the Mauritian market as well.
Sale of Palm Oil
You could earn a lot if you become a palm oil supplier. Palm oil is used in large quantities in Mauritius. But first, you would have to know where to get it from, the market to sell them to, along with learning about their storage and resell.
Palm oil is always in demand in Mauritius. So you can earn all year long.
You can generate a significant income even by investing in a small business with low capital. Once you have decided what you want to do, then you can get started with the company registration process or you can go ahead with Mauritius offshore company formation as well.