5+ Small Business Ideas in Sri Lanka

Sri Lanka is an island country that is just south of India. It may look smaller on the map but Sri Lanka is actually one mighty beast. You might be surprised to know that Sri Lanka exports more than 12 billion dollars in 2018. Its biggest exports come from their tea and garments industry.  As a result, the GDP of the country is increasing at a rate of 4%, which ultimately raises more business opportunities in the country.

Entrepreneurs around the word think Sri Lanka is a great place for investment or starting a business. But most entrepreneurs get confused – what type of business they should start? So, to help you out I am going to explain some profitable small business idea in Sri Lanka that you can start now –

Online Event Tickets Selling Business  

In Sri Lanka, every month a huge number of events take place. Targeting those events, you can start Events Tickets Selling Business. However, to start this business you need to contact the event organizer & sent them a proposal of selling their event tickets on their behalf. You can earn a huge amount of commission money from this business.

To sell event tickets online, all you need is a WordPress website and an event booking plugin. WooCommerce Event Manager Pro is one of the best event booking plugins that suite this business. Installing this plugin, you can easily create multiple events on your website. People can visit your website, make payment and download event tickets. The features of this plugin are listed below-

• You can add event name, event description & event featured image
• Set event start date & location.
• You can set event ticket category & price.
• Setup payment method.

Hotel Booking Business

Natural rich landscapes, world heritage sights, plenty of tea gardens, beautiful beaches, historic cave template and flavored food make Sri Lanka one the best destination of tourism. Every year thousands of tourists visit Sri Lanka to enjoy its natural beauty.

However, targeting the tourism industry you can start a hotel booking business. So that people around the world can book your hotel room before they travel to Sri Lanka.

To start a hotel booking business you need to set-up a WordPress website and install a hotel booking plugin to create a booking system. People around the world can easily find you online and book your hotel room from distance.

There are many hotel booking plugins in the market, but one of the best hotels booking plugin is known as – “WooCommerce Hotel Booking Manager”.

Food Truck Business

There are many individuals who like to cook and often dream of having their own restaurant. But most people do not have enough financial backup to establish a restaurant. However, if you do not have enough investment you can start a food truck business. Food truck business does not require huge amount of investment like opening a real restaurant.

However, if you are lucky enough to get a fantastic response from food truck business, you can think of turning your food truck into a business restaurant.

Information Technology

Sri Lanka is currently ranked among the top 50 outsourced destinations in the world. There are huge number of people working as a freelancer in the Information technology field. However, if you have a passion in information technology, you can turn your passion into a profession. Instead of doing a regular job you can start an information technology business.

Poultry Farming Business

Poultry is another small business ideas in Sri Lanka. If you are a citizen of Sri Lanka, poultry farming business might be a good choice for you. You can start this business from your home by using the rooftop or backyard of your house. By doing this business you can earn money in 2 ways – 1. By selling egg 2. By selling meat. However, if you are attached to any other business you can start as a side business. This business is mostly ideal for women. Find more small business ideas…

Wrapping Up

Though there are many other small business ideas in Sri Lanka, but I find the above business ideas more profitable and risk-free.  So, what are you waiting for!! pick the business idea from the above list and start a business in Sri Lanka Today.