If you decide to start a small business in Turkey, then you’ll be able to benefit from the country’s growing economic situation.
Because the purchasing power of Turkey is high, there won’t be any shortages of customers for your business in this nation.
Geographically, Turkey has a very important position that makes it an important center of trade and commerce for both Europe and the Middle East.
Therefore, you have a good opportunity of developing and expand your company in Turkey.
Young entrepreneurs in Turkey will be able to access a hard-working youth labor force for their startup ideas.
The Best Business Ideas in Turkey
Here are some of the best profitable small businesses you can start with low initial investments:
Hazelnut Farming
Turkey is one of the world’s leading producers of hazelnuts. Hence, hazel nut growing is an excellent business idea for you in the country.
You can either farm them yourself or buy from farmers who already grow them. You can then process, pack, or sell them.
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Greenhouse Farming
Agriculture is one of the key industries in Turkey. That’s why greenhouse farming can be an excellent investment opportunity for you in Turkey.
With this greenhouse design, you can control the climate, the type of soil, the amount of water needed, and other factors related to agriculture.
Commercial crops can also be grown in greenhouses. Even if you live in the desert, you can still make money growing plants in greenhouses.
Natural Stone Mining
Turkey is a storehouse of natural stones, making them one of the largest exporters of it. Moreover, they rank fourth in the world for producing marbles. Thus, natural stone mines are very prospective as well as profitable business ideas for you.
You can dig different kinds of natural stones like marbles, limestones, basalt, travertines, onyxes, and slates. But before starting your own natural stone mines, you should obtain the necessary licenses and permissions from the government.
Automobile Parts Selling
Turkey has a big auto manufacturing sector, which is also expanding. Hence, starting an auto part manufacturing company can prove to be a lucrative business venture.
You should start your own auto part manufacturing unit that will make different kinds of car components. With increasing sales of cars, you will be able t earn good profits from this new business idea.
Car Rental
Because of the heavy tourist traffic, renting out cars is a lucrative business in Turkey. Start your own business by buying used cars and slowly increasing the number of cars. Contact hotels to get them to use your services.
App cab
In Turkey, taxi drivers are not allowed to own their own vehicles. They must either work for an existing taxi company or rent out their vehicle to another person who owns one.
In order to get started driving cabs, you’ll need to apply for a license through the local government. Once approved, you’ll receive training and then begin working as a licensed driver.
Your earnings may vary depending on where you live. For example, Istanbul taxis pay better than those found in Ankara.
Clothing Export
The Turkish textile industry is booming and appreciated worldwide. So why not consider exporting your own brand of clothes? If you know how to design fashion items, you could even set up your own label and sell locally as well as internationally.
Salt Production
Turkey is one of those countries where you can find a lot of opportunities if you know what you’re doing. Salt is not only used in cooking, but also in industry.
Therefore, you can start a salt manufacturing company with your own capital. You can either set up a medium-scale factory or a large-scale factory depending upon your needs.
Food Truck
Starting a food service is an excellent choice if you’re planning to set up a new restaurant. Not only does it require little investment, but also allows you to offer delicious dishes that people love.
However, before starting your own food service, make sure you know what type of license you’ll need, how much space you’ll need, and whether or not you’ll need permits.
Packaged Food Delivery
Packaged foods are delivered in Turkey to workplaces and homes. A large number of workers leave for work each day. They eat packaged foods during their break. Some restaurants offer packaged foods for lunch.
You can also provide packaged foods at workplaces and homes. You can prepare your own menu or choose from pre-made menus. Well-packaged foods will attract customers.
Start a Restaurant in Turkey
Restaurants are one of the best businesses to start if you’re thinking about starting a new career. They can be very lucrative and offer great opportunities for growth.
In addition, they often provide excellent training for employees who wish to work in the service industry.
Your goal should be to find an area where people travel frequently and serve delicious food. You’ll also need to make sure that your location offers easy access to public transportation so that guests do not have to drive.
Finally, you’ll need to ensure that your establishment provides a comfortable atmosphere for patrons.
Travel Agency
Tourism is a big industry in Turkey. Therefore a tourist agency can be your lucrative enterprise. Follow the laws of the nation in starting your tourism agency.
Offer services of air and lodging booking, tour packages, and custom-made trips beneath your tourism company. Online promotion is extremely vital to acquiring customers for your tourism agency.
Tour Guide
Being a good Turkish tourism company requires knowledge of the country’s history and significance, knowing the country as a whole, and having pleasant communication skills.
Pilgrim Assistance
Despite being a Muslim-majority country, Turkey is visited annually by thousands of Christian Pilgrimages. The Ecumenical Patriarch of the Eastern Orthodox Church resides in Istanbul, the capital of Turkey.
Therefore the Pilgrimes visit this city for a religious tour. To assist them in their journey, I am offering my services as an expert in Pilgrimgue travel.
I will provide them with all the necessary information regarding their trip. My expertise in this field allows me to offer my clients with the best possible service.
Destination Wedding Planner
Turkey has some beautiful destinations for weddings, but they’re often not crowded and offer serene surroundings.
So you can start a travel agency arranging all the details of an overseas holiday from décoration to food, accommodation, and following the respective traditions.
Websites and digital marketing along with social networking are essential for your travel agency to gain international clients.
Cleaning Business
Cleaning services are an excellent opportunity for any entrepreneur who wants to make money online. You can start a home-based cleaning company and earn extra income every day.
Your customers will depend upon your professionalism and reliability so do not compromise them. Start today and see how easy it is to get started!
Waste Management
Since the rapid development of industry, the demand for high-quality products increases day by day. Therefore, people are also getting conscious about the environment they live in.
They try to reduce the wastage of resources. In order to achieve that, they should know how to manage waste properly.
That’s why we have come up with an article on “How To Start A Wastes Service?”. We hope that our post would help them to develop their ideas further.
Financial Consultancy
With its booming economic situation, Turkey needs financial experts who can advise companies on their investment decisions, prepare projects, and offer consulting services.
IT Consultancy
With the growing number of companies in today’s world, IT has become more important than ever before. If you are an experienced IT consultant, you can use your skills to help run successful businesses.
You might be asked to offer consulting services related to computer systems, security, software, and anything else you feel comfortable working on.
Website Designing
The growing emphasis on information technology (IT) calls for sites for all types of businesses, large or small. Therefore site design is an attractive enterprise for you.
Design the site of each organization according to its requirements and the type of industry they operate in.
Write SEO-friendly content for the website and design it in a user-friendly fashion so that visitors can easily navigate through the pages. Good digital marketing is essential for this kind of online venture.
Translator
If you’re fluent in both languages, then being an interpreter may be your best bet. Most visitors to Turkey don’t understand Turkish, so they’ll go through interpreters who are native speakers of the language.
Thus, you can make money translating between two languages. However, you should also consider whether you’d rather work as a guide or tour operator instead.
Construction Business
Construction is one of the fastest-growing sectors in Turkey. So if you’re interested in starting a new career in building, then you should consider becoming a contractor.
You’ll find plenty of opportunities to start out in the industry. However, before you do so, make sure you know how to manage your finances properly.
You must learn about budgeting and saving money. Also, try to get into the habit of being frugal. These habits will help you save money and avoid debt.
Pet sitting
Turkey is a country where people love animals. Hence, pet-sitters can make money by taking home cats and dogs from their owners. They can also offer dog walks and training, and run pet centers or boarders.
There are many ways to earn money through pet-siting. But, one must be very careful about hiring staff. Apart from that, they should be highly motivated and hardworking.
Art Gallery
Turkey has a great cultural heritage and there are exquisite exhibits held here which are visited every year by thousands of tourists. Therefore starting a museum is a lucrative business idea for you.
Make good connections with prominent figures in the art world and organize shows often. Good marketing, as well as promotion, is essential for the museum business.
Frequently Asked Questions
Will the Turkish Government help me in my business?
Yes, the Turkish government has some offers for investors and businesses like tax breaks and reduced costs related to investments.
Where are the best countries/cities for starting a new company?
We’ve listed down the top six cities in Turkey where you can start a new company for free.
- Istanbul
- Ankara
- Izmir
- Antalya
- Konya
- Gaziantep
Is the cost of setting up a business in Turkey expensive?
The Turkish government has made it easier for people to start their own businesses. You will be able to hire cheap workers and buy cheaper raw materials.
Can a foreigner start an eCommerce shop in Turkey?
Yes, foreigners are allowed to start a business in Turkey. . Foreigners can set up a private limited company here by two or more non-Turkish nationals.
With a booming economic situation, a cooperative government, and an educated workforce, Turkey has a lot of potential for entrepreneurs looking to start their own businesses.
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