Ireland is a great place to start a small business, whether you’re aiming for some supplemental income or looking to expand further in the future. Are you interested in knowing what small business ideas are out there?
According to Forbes’ list of the World’s Most Innovative Companies 2014, six out of 10 top companies have a presence in Ireland; demonstrating the prosperity of the Irish economy in terms of investments across diverse sectors.
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Top 10 Small Business Ideas in Ireland
The following are some of the top business sectors to invest in in Ireland:
#1. Business Consulting
Establishing a professional consultation business in Ireland is a great idea, as the country is very welcoming to businesses. Services like Event & Wedding Planning, Legal Services & Will Writing, marketing consulting, IT solutions, manpower recruiting and more are all sought-after by individuals and companies.
Franchises from companies like Antal international, Auditel, and LMI can be purchased.
#2. Cleaning Service
The residential, commercial, and rug ablution trades in Ireland are thriving. The Irish purification market is esteemed in the millions every year. You may consider entering this consistent, recession-disregarding remunerative vocation. There is a wide assortment of specialty markets in the sanitary sector.
Domestic and commercial cleaning are the two main categories that you can specialize in, such as residential maid services, janitorial services for commercial buildings, carpet cleaning, window washing, ceiling tile cleaning, and driveway brightening.
Franchises from companies such as PuriFry, Nationwide Cleaners, Cleaning Doctor, and Chem-Dry Ireland are available for purchase.
#3. Sports & Fitness
An investment in a sports or fitness-related business in Ireland could be profitable due to the large number of people participating in sports activities. Such business ventures have seen substantial growth lately.
Irish citizens are searching for ways to relax and have fun while combating the increasing obesity rate.
Franchises from businesses like Curves, My Gym Children’s Fitness Center, Acumen Sport, etc. can be purchased as well.
#4. Automotive
If you’re a car enthusiast, starting an automotive business in Ireland is a great money-making opportunity. The UK has 30 million cars on the roads, providing an ample customer base for your venture and the industry is only growing at a rapid rate.
With a small budget, you can open businesses like a used car dealership, car valeting, tire repair, minor damage & cosmetics repair, sales of auto repair tools, and auto insurance sales.
Companies like Snap-on Tools, Lock Doctor, and Puncture safe offer franchise opportunities.
#5. Food
Ireland’s food and beverage industry are influential, based on 9% of the nation’s Gross Value added. This sector provides plenty of business opportunities in areas such as fast food, pizza, Asian cuisine, smoothie bars, and coffee shops.
You can begin with minimal personnel, and hire more workers as demand increases. Purchasing a franchise from Wok&Go, Subway, PuriFry, Shakeaway or Insomnia is also an option.
6. E-commerce
In Ireland, an increasing number of shoppers are turning to online marketplaces instead of retail stores. If you have something special to offer, it would be a good idea to launch an online store here.
7. Construction
Ireland has a thriving real estate industry. Engineering experience or knowledge in a construction-related business are all helpful to break into this field. Additionally, those with limited funds can still get into real estate by starting an agency.
8. Export Business
Ireland exports a plethora of products with its value surpassing $83 billion. Pharmaceuticals, organic chemicals, and medical gadgets stand out as the principal three export items from Ireland.
Additionally, meat is exported in massive numbers too. If you possess any global connection, establishing an export venture is a shrewd business selection.
9. Farming
If you own vacant land in Ireland, farming may be a lucrative business. There is strong demand for agricultural goods, such as poultry, eggs, and potatoes both within the country and abroad. These products can generate good profits.
10. Clothing
In Ireland, the clothing industry is burgeoning. If you have knowledge in this sector, there are numerous chances to enter. Launching a fashion boutique, for instance, holds great financial gain in this region.
If you’re interested in launching a small business with minimal investments, here are the top trending opportunities in Ireland. Share your own ideas on our social media pages.
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