Hello, on this page you will find out exactly what type of business you should start in Malawi. We will give you a simple list of small ideas you can try in Malawi whether it be in capital Lilongwe, commercial city of Blantyre, Zomba, Limbe or the ever expanding Mzuzu city.
Starting a new business requires time and money. You’ll need to research the market, raise finance, establish contacts, find a location and maybe hire new staff.
There are a number of business structures and types that you can consider.
Here is a quick top 10 list of business ideas to start
- You can start online business(expanded below) — Highly recommended because it doesn’t require much!
- You can start a Malawi music web site — Malawian music needs a bigger audience, help it grow.
- You can start a Malawi sports web site — Malawians love sports, from Football to Netball.
- You can start a Malawi fashion web site — This will always make you money and get you customers easily.
- You can start a Malawi video game web site — A growing industry that shouldn’t be ignored.
- Become a psychologist — Malawi has a shortage of people who can inspire others, now is a great opportunity.
- Open a franchise business like KFC in Malawi, Nando’s in Malawi or any local company chain, like Peoples.
- Start an import service by bringing in other African products from nearby countries like South Africa.
- Start an exporter service by shipping out local Malawian products to nearby countries like Zambia.
- Star your own local restaurant in your house — Why not? You can easily sell your food/products outside your gate.
You may also consider buying an established business or a franchise because they have the advantage that operations are already in place. The premises and stock, customer base, suppliers and income stream are already established.
State governments can help you with information and guidance on assessing business opportunities.
To ensure you choose the right structure and type of business, consider talking to a professional business adviser, accountant or solicitor for advice.