There are important, successful business ideas in Saudi Arabia, as the Saudi market is an attractive market for establishing various and diverse projects. So, if you're looking for a successful and profitable project idea in Saudi Arabia to increase your income, this article will highlight a selection of these successful projects.
Successful projects in Saudi Arabia
Many people are looking for successful small business ideas in the Kingdom of Saudi Arabia. If you're one of those looking for such ideas, we'll present you with a selection of successful business ideas in Saudi Arabia below.
1. Bakery project
This project is considered a successful one, given the food commodity it provides essential to the lives of many, while also providing many of the products and services citizens demand.
It's worth noting that such projects generate substantial profits for their owners. All you need to do to start is develop and follow a useful and profitable feasibility plan, in addition to using social media to promote your products and baked goods.
2. A store specializing in selling auto spare parts
Saudi Arabia is one of the countries with the highest percentage of car drivers, so opening a store selling spare parts for various types of cars is profitable and successful. There are some unique business ideas in Saudi Arabia that are successful.
You simply need to study the market thoroughly before starting, as the Saudi market is attractive to such projects. Thoroughly analyze market inputs, competitors, car types, and importers to develop a complete picture of your project plan.
3. Restaurant project
Restaurant businesses represent a significant part of a country's economy, so many people consider a variety of restaurant projects when starting a business, as they are considered successful ventures.
It's worth noting that you must determine the type of restaurant you want to open, including the type of food it will serve. You should also be careful to clarify whether it will be a fast-food restaurant, a fine-dining restaurant, a popular local restaurant, or one with international cuisine. This initial determination is the most important pillar upon which the rest of the project's planning is based.
4. Car washes
We have previously explained that there are many cars in Saudi Arabia, reaching a rate of (one car for every two people), which makes a car wash project a profitable and successful project, and this is one of the most important successful projects in Saudi Arabia.
A car wash project is an inexpensive project. You will not need to purchase a lot of equipment at the beginning. In fact, if you have a large capital that enables you to establish a large workshop specializing in (car washes and car spare parts), it will become one of the large, successful projects. However, you must follow these notes as follows:
- Choosing a suitable location for the project.
- Providing various services.
- Good study of competitors.
- Providing professional labor for the work.
5. Convenience store
Supermarkets are a small business that no country in the world can do without. They are the primary place to purchase all household needs. Therefore, they are an important consideration when starting a small business.
Such stores usually provide all the necessary supplies (canned goods, food, frozen products, cleaning supplies), etc., and you must follow these elements for a successful project:
- Choose a suitable location that is not full of competitors.
- Providing a variety of products.
- Provide a corner for cleaning materials, as they are in high demand.
- Interested in making offers.
- Using social media for promotion.
- Providing delivery service.
6. Laundry
This project is a significant component of the Saudi market, as laundromats are popular in the Kingdom. Therefore, you should seize the opportunity, study this project carefully, and then begin implementation.
Here we must mention some notes about this project, the most important of which are as follows:
- Providing a variety of services.
- Offering market-compatible prices.
- Choose a strategic location to attract customers.
- Attention to the quality of services offered.
7. Create a blog dedicated to gold and currency prices.
This idea is a strong attraction for all internet users. With a high percentage of people searching for gold and currency prices in Saudi Arabia, the idea of turning what others are searching for into a profitable project is something you should take advantage of.
It's worth noting that this project doesn't require a large capital investment, and it can be expanded to include gold and currency trading prices in other Gulf countries. In such projects, you should maximize your marketing efforts by leveraging social media to increase the number of visitors to your blog.
8. Plastics export project
Plastics are raw plastic granules that are used in the manufacture of many plastic products such as bottles, plastic pipes, plastic furniture, and other products.
The Kingdom is one of the world's leading exporters of this element, with numerous factories producing it. Therefore, you should seize the opportunity and establish an office to export this element, both locally and internationally.
9. Contracting company
This project is one of the most popular in Saudi Arabia, as the contracting market is a thriving one in the Kingdom. Therefore, if you have the appropriate capital for this project, it can be implemented on the ground.
You can also choose professional workers to manage such projects, by entering into small or large contracting companies.
10. Transporting students to schools
This project can be started either individually or with a company specializing in this service. All you need to do is own a vehicle to transport students. You should also send invitations to parents to introduce them to your delivery service.
Successful projects in Saudi Arabia for women
The number of women seeking their own source of monthly income has increased, leading to a search for various ideas for feasible women's projects. In the following lines, we will outline a selection of successful projects for you, ladies.
1. Small flower shop
It's a highly sought-after service in the Kingdom, and although men largely dominate this field, women's touch and taste are a key factor in this venture.
You must also choose a suitable location for your business. It's worth noting that this project doesn't require extensive experience in the field. Furthermore, you can start on social media and the internet.
2. Nursery
This project represents a unique idea for women who have experience or a good education in the art of management. All you have to do is follow these steps:
- Completion of necessary licenses.
- Choosing a suitable location for the project.
- Choosing and implementing a decor that suits the general atmosphere of the nursery.
- Choosing teachers and nannies who have experience in dealing with children.
3. Create an online store
It's an inexpensive project requiring virtually no capital. Furthermore, it's a highly sought-after project in the Kingdom, given the current surge in online shopping and trade.
What you need to do is cater to the diverse needs of women, while paying attention to the quality of services, delivery, feedback, and evaluations; to study all the positive and negative aspects of the project to develop it.
4. Establish a café for women
There are many cafes in the Kingdom, but most of them are for men. So, if you have the appropriate capital to open a cafe for women, it will become a successful project.
Women are always looking for a place for comfort and privacy, so this is a unique and successful idea.
5. Women's laundry
This may not be common in the Kingdom, as most laundries are for the public and not specialized. Therefore, you can, madam, provide a laundromat for women, as some women do not feel comfortable dealing with public laundries.
Several special services should be provided to women, such as good packaging, perfume, ironing, and other important services for women. It is worth noting that this project can be started at home if the laundry has suitable equipment.
Projects not present in Saudi Arabia
Since many people are looking for successful traditional projects, this has led to a proliferation of the same ideas and their repetition. Therefore, in these lines, we will shed light on ideas for projects that do not exist in Saudi Arabia.
1. Headphones factory
According to the latest import lists, the Kingdom relies heavily on imported mobile phone headsets. Therefore, the idea of establishing a factory specifically for their manufacture is currently nonexistent in the Kingdom. This means there are currently no competitors in the local manufacturing market.
2. Fiber optic factory
There are no factories in the Kingdom specializing in the manufacture of fiber optic cables, which are used for data transmission and the internet. Therefore, raw materials available in Saudi Arabia (glass, plastic, and other materials) can be exploited and employed to manufacture fiber optics locally.
3. Water mattress factory
Non-fiber water mattresses are widely available in hotels, hospitals, physiotherapy centers, and other locations, so it's possible to replace imports by opening a factory to manufacture these types of mattresses.
4. Gas stove factory
Although there are gas stove assembly plants in Saudi Arabia, there are no factories that manufacture complete gas stoves in the Kingdom. Therefore, this idea should be carefully studied, as gas stoves are present in every home.
Successful projects in Jeddah
Below, we'll outline the most successful projects in Jeddah, making the list we'll present a top choice for many citizens looking to establish a profitable and successful project.
- Different languages teaching project.
- A restaurant specializing in fast food from Arabic and international cuisines.
- Investment in agriculture (palm, sugar cane, wheat).
- Electronics showroom.
- Electrical appliance store.
- Money transfer and currency exchange agency.
Small business project
The idea of starting a successful business with a small capital is something that comes to mind for many entrepreneurs when they start implementing it. Therefore, we have compiled for you a selection of projects with a small amount of money.
1. Create a YouTube channel
This is done by providing unique and meaningful content. Applying YouTube's terms and conditions makes it easy. It's worth noting that you'll only need a small amount of money to purchase a camera.
2. Establish a fast food restaurant
By determining the types of restaurant offerings and choosing a small location that only allows receiving orders without waiting, you can establish a restaurant without a large capital.
3. Sewing and tailoring project
This project only requires a sewing machine, an iron, and a small shop for rent. After that, you own a shop and promote it through social media.
4. Create an online commerce website
It is one of the successful projects with very little capital, and it does not require a place to rent, but rather it is managed from home, and it is also one of the Projects with a future in Saudi Arabia.
5. A shop specializing in repairing electrical tools and appliances
This project only requires renting a small shop and providing some different maintenance tools.
We've previously reviewed everything related to successful business ideas in Saudi Arabia, and we won't neglect to mention the details of these various projects throughout this article.