Nowadays, 1 billion capital is more than enough to embark on several potential business activities. In fact, in many cases, more money can bring more risks, while less can limit the business scope. Therefore, it can be said that 1 billion is an appropriate amount to start with. If the business thrives, you can gradually expand; if you make mistakes, you still have the chance to adapt and wait for other opportunities. Let's explore some ideas with codon.vn to address the question What to invest in with 1 billion below.
What businesses can be profitable with 1 billion?
1. Start a service company.
2. Run a small café / tea shop.
3. Establish a private kindergarten.
4. Open a food store.
5. Manage a small grocery store.
6. Gift shop, souvenir store.
7. Imported flower shop.
8. Clean food store.
9. Clothing store.
1. Start a service company
Should you start a service company with 1 billion?
What business to pursue with 1 billion in 2020? Service companies such as travel agencies (or tour agent, airline ticket office), accounting firms, security services, etc. This business format does not require large capital, nor expensive equipment. The essence of service companies is brokerage, where profit comes from the difference. Most of the 1 billion capital will be spent on renting offices, hiring employees, and equipping computers and phones.
Certainly, to choose a small business in terms of establishing an enterprise, you must have a suitable educational background in the field, experience, understanding of business law, and good organizational and leadership skills.
2. Start a small café / tea shop business
Running a café, small tea shop, or milk tea store could also be a good option with a capital of 1 billion dong. You can acquire an existing establishment and then customize it to your style and direction; obtain franchise rights from famous brands or start a completely new store on your own.
With 1 billion, you can open a cozy small tea / coffee shop. Through a well-thought-out business plan, after a certain period, you can develop and gradually expand your operations. This is perhaps the most reasonable answer to where to invest 1 billion.
3. Establish a private kindergarten
Whether in rural areas or cities, the demand for childcare continues to rise as all parents are busy with their jobs (self-employed, trading, office work, or labor). Therefore, the idea of establishing a private kindergarten is extremely promising.
You can immediately use your own home as a childcare facility. The 1 billion capital can be allocated for designing a suitable space for children, purchasing necessary equipment (cribs, beds, etc. for the children), toys, hiring kindergarten teachers and assistants (cooking, cleaning).
With this business idea, you need to gradually build reputation, and it may take some time to develop. You can also choose to care for children from 12 months to 4 years old, depending on your abilities and the needs of parents.
4. Open a food store
Running a food store is also an intriguing idea for you to venture into with a 1 billion budget. You'll need to budget for the location, tables and chairs, simple decoration, kitchen utensils, hiring a chef (or cooking yourself) and serving staff, as well as sourcing quality ingredients.
However, the food industry is fiercely competitive. Food stores are popping up everywhere, and many of them quickly fail. It's crucial for you to find a new direction, with delicious food quality, ensuring food safety and hygiene, building a good reputation, effective promotion, selling online through food apps, etc.
Facebook will be an effective channel for selling food online. You can post your products as well as mix in useful posts about clean food, share cooking tips, etc. to attract more customers, use Facebook sales management tools like CóĐơn to efficiently manage your store's fanpage.
5. Run a small grocery store business
You can also try the small grocery store business model, mainly catering to the local residents. Items include dry goods, essentials, snacks, and even fruits and vegetables - essentials for everyone.
Clearly, this idea is only effective in densely populated areas. Additionally, nowadays, grocery stores may face competition from famous supermarket chains.
6. Gift shop, souvenir store
Gift shops, souvenir stores should be opened near schools, as the main items are sold to students and young people. The products on display usually have small values, requiring little capital but are beautiful, lively, and suitable for the tastes and spending abilities of the target customers.
You can also combine selling these products online on a Facebook fanpage, offering additional services like free gift wrapping or delivery assistance if customers need it. CóĐơn software will simplify the entire customer care process on Facebook, advising and closing online orders.
7. Imported flower shop
If you have skilled hands, keen eyes, and a love for flowers and plants, you can open a flower shop with 1 billion. A beautifully decorated flower shop, with style, diverse flowers, and sources, may help you quickly recover your investment and earn profits. Nowadays, invested flower shops often sell imported flowers, many of which are rare and uncommon in the market.
However, the biggest issue with this business idea is the high risk. Flowers cannot be stored for too long, so if the business situation is unfavorable, you will suffer more serious losses than with other items. Therefore, the answer to the question of what to invest in with 1 billion in 2020 requires careful consideration.
8. Clean food store
With the urbanization trend, busy people are increasingly concerned about their health, hence the highly welcomed business model of clean food stores.
You can develop by investing in clean vegetable farms in rural areas, then transporting them to stores in towns/cities or selling online. If you choose to invest in this field, remember that reputation is paramount. You must ensure the origin and quality of the food you sell.
Usually, clean food comes at a high price and cannot be widely expanded across the market, but customers are very loyal and stable.
9. Clothing store
Clothing stores are one of the most popular business ideas nowadays due to the large market and high profits. You can choose to specialize in a specific type of clothing such as men's/women's clothing, children's clothing, sportswear, etc. Additionally, selling footwear, accessories alongside clothing is also a good option to maximize revenue.
In reality, business will always involve opportunities and risks. No one has absolute control in business, so after deciding on your idea, you just need to think about how to use the 1 billion capital and apply your past experience in business operations. Hopefully, the above ideas have helped you answer the question of what to invest in with 1 billion. If you have slightly less money, around 100 million, what would you decide to invest in? Check out the article What to Invest in with 100 Million here.
