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“I’d design and stitch my daughter’s clothes myself and they would always garner a lot of compliments from her friends and their mothers. I had my own stitching room in my house, so a friend suggested I turn it into a business. I started advertising my business on the neighbourhood women’s WhatsApp group. Most of them were my friends, so they already knew how good I am at stitching and it was wedding season, so I instantly got a few orders,” she told. Grappling with a pandemic and the policies that have come as a consequence of it, have meant that many existing businesses that once flourished in the megacity, have had to go to the wall in the last two years. HND in Entrepreneurship and Small Business Management will assist you in identifying a gap in the market and then converting it into a financial opportunity.

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It is an opportunity now to automate, rationalize or eliminate several filing and payment layers in taxation to ultimately help reduce the cost of doing business. The external environmental crisis can affect MSMEs directly or indirectly. The direct impact includes fatalities, supply chain disruptions, property damage, and loss of inventories.

However, there is little knowledge of how to do it, how much to pay, which provider to go with, what the steps to take, etc. In the last one year that Farhana has been running her home-based business, her husband says that it has brought their family a lot of financial ease. “We both still work to make ends meet, but Farhana’s input has taken a lot of burden off of my shoulders. We are not rich, but at least we don’t have to worry about paying our children’s school fees anymore,” said the entrepreneur’s husband. Women-led SMBs were, however, more likely to report that none of their employees had a university degree compared to their men-led counterparts.

Yes, something very humanistic and philosophical but guess what business is more of a personal philosophy than one’s own personal possessions. So when I do my research to find the facts and figures for the business stats in Karachi I was disappointed to find none! Whereas the Punjab Government has provided a detailed published PDF file of its retail business report. Your foremost need is to have a shop or rent a shop to initiate auto spare parts business. You can charge a fortune from the corporations and then go to education institutes for talent hunt and finding candidates who are interested in getting jobs in Pakistan or overseas. You can run this business from home by just owning a good internet and laptop or personal systems.

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Children always force their parents to purchase the toy if they see any interesting thing in stores. We also try to provide all possible available resources (e.g. contact numbers of suppliers or wholesalers, video, motivation, how to start a business, etc. External environmental crises such as earthquakes, floods, epidemic diseases and other issues adversely affect business activities and their survival. Moreover, since MSMEs are financially fragile, smaller in size and resources, they are more vulnerable to the environmental crisis than their counterparts, i.e., large enterprises. Further, these microenterprises are considered a part of the informal economy, and most of their activity is undocumented; hence, the accurate number of these businesses is not known. These businesses are usually operated by family members in different industries ranging from agriculture to education.

It came out as the best all-around small business hosting service from our research and is also even top recommended provider for WordPress websites. Withextensive features and excellent customer service, it provides great value for money for small, startup businesses. Online cloth business is another one of Pakistan’s best small business ideas in Pakistan with low investment. I have personal experience with this business as I’ve started this business only in 5800 PKR only. A progressive fiscal policy and commitment to redistributive taxation is in line with the spirit of Riasat-e-Madinah to which Prime Minister Imran Khan often refers to. A sincere effort is required to reduce the burden of compliance costs faced by small firms - often filing returns several times during a year and to multiple tax bodies across the country.

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We’ve kicked off this graph with the top three hosts, but you can choose other providers using the arrow at the top. The graph lets you compare each host side-by-side on everything from pricing to key features. These bikes run on the road and often get broken, punctured and need maintenance. So, If you are a mechanic or can arrange a good mechanic, this bike maintenance and puncture service idea is best for you.