Tarun Nagar Turkey has been a vital part of the world’s economy for many years. It has a unique advantage that has allowed many businesses to flourish and make huge profits over time. Turkey’s GDP in 2020 was 6th largest in Europe. This shows that Turkey is a country with great potential for expansion in all business sectors. The following list contains the best business ideas for Turkish people looking to make a profit in Turkey.
List of Top Business Ideas for Turkish People
Here we have listed the list of top business ideas to start in Turkey. Let’s check out one by one.
1. Tourism Business
This is one of the best business ideas for Turkish people to start a tourist business in Turkey. This is a lucrative opportunity to start a business. Turkey is a very popular tourist destination. Entrepreneurs should take advantage of this.
It’s a great idea for all your tourist services in Turkey. Your business may be able to offer essential services, including booking flights or hotels. There will be no complicated or difficult regulations to follow before your business can begin.
2. Business for Natural Stone Mining
Turkey is the largest supplier of natural stone in the world. Turkey is fourth in the world for marble production. A successful company can be both profitable and full of potential. There are many natural stones that you can mine, including granite, limestone, and marble. You must have the required licenses and permits before you can mine.
3. Auto Parts on Sale
Turkey’s automotive industry has seen a boom. Parts sales can be a lucrative business idea. Your factory will produce different parts for the automotive industry. Because there is always a demand for parts for automobiles, this business idea for Turkish citizens will make them a lot of money.
4. Car Rental offices
Car Rental is yet another one of the most amazing business ideas for Turkish people. Because of Turkey’s high tourism numbers, car rental is a great idea for Turkish entrepreneurs. You can start your own car rental business by developing a feature-rich travel app. You can then expand your rental fleet. For travelers who are interested in renting your vehicle, get in touch with hotels.
5. App Cab
Turkey is very interested in Uber and app cabs. This is a great opportunity to get into this App cab sector. This taxi booking app development allows you to either drive yourself or you can employ a driver. You can earn more income by having multiple cars. Remember that the more you drive your car, the greater your income and margin of the profits.
6. House Cleaning Business
House cleaning services are in high demand in Turkey. Turkey is a popular destination and it is important that the city be clean to attract tourists. To make a huge profit and want to grow your business,
it would be a great idea to set up a house cleaning firm. Another business you can start is this one which is one of the most money-making business ideas for Turkish people. It is possible to commence small and expand your business quickly. Additionally, you can also develop a maid finder app to expand your business.
7. Product Delivery
In Turkey, you can also launch a successful firm that delivers things. This company will prosper because few nearby stores provide delivery services. Customers and store owners may rely on you to deliver the goods safely. To succeed in this business, you will require a means of delivery, such as a motorcycle, car, or bicycle.
8. Start a Photography Company
This is yet one of the amazing business ideas for Turkish people that is ideal for skilled photographers. Turkey is a hot market for photography services( in Istanbul). People like social media influencers or small business proprietors can use your services. However, you may also focus on large businesses for freelancing, or as an owner of a company. Although it is not necessary to invest in a studio or a team, as a photographer, you will open doors for large projects.
9. The Business of Packaged Foods
Turkey has a large number of employed women. This is in addition to men. The demand for packaged foods in Turkey is growing and it is why the market is booming. It is possible to commence a startup that sells processed foods, fresh and frozen meals or any other type of business. Also, a mobile app for your business would be a great idea which can help you expand your business.
Thus, you can hire a food delivery app development services provider who can build a robust on-demand app for your business. This is a type of business which is rapidly growing in Turkey. That’s why you should consider Turkey if you plan to start a business.
10. Start a Web Development Business
The web development business could prove to be an extremely money-making opportunity in Turkey. Small businesses and companies want to connect with the world via their sites. You would be surprised at how numerous firms will have their web pages updated. Web development is not likely to require financial investment, however starting a business does. It takes only two days to register the organization in Turkey.
11. Commence Textile Export Business
Commencing textile export business is one of the profitable business ideas for Turkish people. The textile industry of Turkey accounts for about 10.8 percent of its GDP. It is a key industry for investment in outside countries. Turkey is a well-known and worldwide best producer and exporter of high quality clothing, so there is a large requirement for its wide range of clothing items.
You should open your own textile manufacturing company to export Turkish textiles internationally If you’re thinking of investing into the Turkish textile sector. Although starting a production business requires capital, you may still commence a wholesale business in Turkey, if you are not looking to become a major investor.
12. Begin Part-time Business (Seasonal)
Starting a part-time or seasonal business is another fantastic option to get your entrepreneurial career off the ground. In Istanbul and other Turkish cities, you can start a seasonal business as a party planner, a professional organizer, a supplier of Halloween costumes, fireworks, or any other kind of celebration. You can place orders and make reservations in advance using your social media networks. If you’re ready, you can help some seasonal firms transition to a year-round operation.
13. Online Pet Care App
Turkey is home to a huge number of pet owners, mainly dogs. They require someone to care for them, provide services for pet cars, take them on walks, and so on. It would be best to take assistance from on demand app development services providers who can build a robust app for your business.
They will spend money to ensure the pets are well taken care of. This may be a great opportunity for foreigners with enough experience in caring for pets and grooming for them.
14. Petrochemicals’ Business
The Turkish petrochemical industry is also expanding and can be the best business ideas for Turkish people. It is possible to start a business in chemicals on a low-scale and expand your knowledge and experience over time. It is not enough to only deal with raw materials. You may even begin dealing in finished goods such as glass and leather. This is the most popular business idea in Turkey.
15. Hazelnut Business for Exportation and Cultivation
According to statistics, Turkey accounts for approximately 80 percent for the production and exportation worldwide. If you are unfamiliar with the term, hazelnut refers to a sweet-flavored nut that is native to Turkey. Filberts are another name for it.
You should think about the production of hazelnut and exporting business if you plan to put money in the agriculture industry of Turkey. Turkey is the best place to produce hazelnuts. It is easy to identify the countries that require this nut, and then negotiate export terms.
16. Salt Production Business
Turkey is surrounded by three seas on all sides and receives large amounts of salt collection. Because Turkey is surrounded by seas from all three sides, it is one of the largest salt producers in the world. You can therefore get into this sector. Start small for your local market and then expand to export production once you have established yourself in the industry.
17. Translator Business
Are you perfect in both the local and foreign languages? You have a great business opportunity. Starting your own translator business is one of the profitable business ideas for Turkish people. However, you can hire dedicated developers who can develop a translator app which help to expand your business.
Turkey is not only a country that attracts lots of international tourists but also hosts companies with an overseas clientele. Sometimes, communication can be difficult so translation could be an important part of your business. However, you can even create a translator app which can help your translation business grow.
18. Telecom Contractor Business
Because of state regulation and the high barriers to entry, there are a few telecom contractors in the whole marketplace. There are still interesting opportunities for service providers, particularly those integrators that subcontract them. If you are able and capable, you could become a Turkish telecom subcontractor. Although this business can be complex and require a lot of capital, it can also prove very lucrative.
19. Waste Management Company
Previously, the environment sector has been a priority for the Turkish government. Turkey’s rapid industrialization, high population growth, and expansion of cities have all created complicated environmental problems that affect public services, particularly waste management.
It is possible to start a business in a niche in the waste management sector and make a lot of money. You can also start a business that provides wastewater treatment services, management and sewage treatment, solid waste management, and other related services. Turkey is always available to help businesses in this field.
20. Make Medical Equipment
Turkey has worked hard to improve their medical services, especially in the building and furnishing of hospitals, since 2008, when the government introduced universal health-care services.
The country imports almost all of its medical equipment, which indicates a critical industrial need. Medical equipment businesses are the most profitable business ideas for Turkish people. If you have the money, you may create a business that produces medical equipment in the Turkey region.
21. Be a Financial Advisor
The finance industry of Turkey is undergoing a significant development process. Financial services are expanding steadily on the foundation of the growth of recent GDP, low inflation rate, and a lower rate of interest. The Turkish banking industry has maintained stability internationally despite the worldwide financial catastrophe.To help businesses and individuals with financial issues, you can also become a financial advisor.
22. Start Your Restaurant
Turkey’s most visited and diverse city is Istanbul and is the most popular tourist destination. Istanbul is well-known for its multicultural vibes and the increasing number of cafes and restaurants that serve food and drinks from all over the globe. However, building a food delivery app for your restaurant helps in growing your business.
Starting a food restaurant in Turkey is a lucrative investment. However, you must still research it carefully. It all depends on the location of the restaurant and how they market it to attract and gain people’s trust.
23. Drop-shipping Business
Drop-shipping is also one of the profitable and popular business ideas for Turkish people. E-commerce is an option that allows you to commence your own business without having to invest a lot and without the need for stocking products. A fantastic approach to sell goods without needing to buy any is through drop-shipping.
These are the procedures for starting a drop-shipping business.
- Find a supplier, then work with them.
- Create an online store and list the goods you want to offer for sale through these vendors.
- You can market your website using Facebook and other online resources.
- Orders honored
- With the supplier, you may place an order to have the product delivered to your address.
- Profits could be made
- Your profit margin is the difference between your selling price and the supplier’s pricing. Up to three times your supplier’s price can be made available for sale.
24. Pilgrim Assistance Service
Turkey, despite being predominantly Muslim, is visited every year by countless christian pilgrims. Istanbul is home to the EO church ecumenical patriarch. You can also find the Hagia Sophia cathedral in Turkey. Pilgrims visit this city to experience a holy trip. You could start a business offering pilgrim assistance. This will allow you to provide all the information and assistance the pilgrims need in planning their Turkey tour.
25. Start a Precious Metals Business
Many small to medium-sized exploration and mining companies are driving Turkey’s mining industry. They work to extract precious metals from the underground for use by Turkey’s people and its government. You can begin refining the precious metals extracted from the earth if you do not have enough capital. It turned out to be one of the profitable business ideas for Turkish people.
You must know that precious metals can only be used once they have been processed to make them more beautiful and economically valuable. You will need to partner with some mining firms or agencies to get a contract for metal refining.
26. Start a Movie Studio
Turkey is one of few countries in which domestic films do better than Hollywood’s. The web series and movies of Turkey are also a major export market for soft power in the Middle East. it can be a viable, profitable business that one can set up in Turkey. If you lack the expertise to launch your own studio, you can also work as a movie director.
27. Hotel Company
Hotels are essential for any country with tourist destinations. Hotels are a great way to attract tourists and it is one of the most profitable business ideas for Turkish people. You may get more patronage if you offer breakfast. It is well-known that people will choose hotels that serve meals over those that don’t.
You need to be prepared for this business as it is capital-intensive. By establishing a modest, controllable bed and breakfast business with your family, you can avoid the hassles of developing a big hotel. However, developing a mobile app for your business will be beneficial and its mobile app development cost will vary.
28. Start a Destination Wedding Company
Destination weddings are a popular choice for adventurous couples. This means that they can get married in an exotic location. Turkey has a few beautiful locations where couples can get married. A destination wedding service is a great idea if you live on islands with beautiful views and pristine lakes. You can help couples plan their weddings or assist them with obtaining the paperwork needed, such as a location, officiant and photographers.
29. Open an Ice-Cream or Smoothie Bar
Everyone loves treats and Turkey is a warm country due to its climate. This makes it a great place for ice cream. Proper business plans or project plans are essential for opening an ice cream shop and it is one of the profitable business ideas for Turkish people and various business owners. There are many types of ice cream, so it is important to choose which one you wish to sell. You will need to decide on the location, products and marketing plan.
There are two options for starting an ice cream shop business. You can either buy a franchise from an established brand, or you can open your own shop. A franchise is the best option if you have no prior experience in starting a business. Calculate your fixed overhead costs monthly and use ROI calculations to plan financial goals.
30. Start Greenhouse Commercial Farming
Turkey is an agricultural-oriented country. A commercial greenhouse farm is one possible business to start. The environment for a wide range of crops can be controlled more easily through greenhouse farming. The technical specifications of a greenhouse can control humidity, and other important factors.
This smart agriculture farming is used to improve the growing conditions of a plot of land. They can also be used to increase food production in extreme environments, such as deserts.
31. Start a Real Estate Agency
Due to high inflation, Turkey’s property prices have risen significantly in the last few years. Foreign investors have great opportunities, but the prices are very attractive. Turkey is a country that has the highest return on investment, with Istanbul being the most popular. This has led to a rise of foreign buyers, mostly from the Gulf. There are many locations and prices that offer attractive rental income for investors.
32. Salon & Spa Business
This is one of the great business ideas for Turkish people as there is an increasing demand. You can commence your business by having both a salon and spa within the exact floor. This business requires skilled barbers, professional makeup artists, or masseurs.
Due to the fact that many individuals come to this place for the pampering session, it is important that you invest in the interior as well as the comfort level. It is essential to promote and market your business.
33. Candy Store
The Turkish delight is a delicious and irresistible flavor. People from other countries often visit Turkey to enjoy the LOKUM, Turkish candies. It is one of the best opportunities to start a business in Turkey, as many people love the Turkish flavor.
34. Design of Websites
Websites are essential for any business, large or small, due to the increasing focus on IT. Website design is also one of the protofitable business ideas for Turkish people. Each organization should design their website according to its business needs and type of their business. Taking help from a web development services will be beneficial for your business.
Your website design business will be more appealing to clients if you write SEO-friendly content and make them user-friendly. This business requires a website and best digital marketing.
35. Second-Hand Goods Business
If you are not afraid to go to a second hand business, you can make great money. A lot of useful items can be stored at a flea market. People enjoy spending weekends looking through other individuals’ junk to find treasures.
You should make sure your stand is always changing and putting out new products. To develop new items, you would not require to have a lot of new stuff. Even if the commodity is in your possession since the beginning of sales, simply moving it from a table onto a bookshelf could be easily noticed by many.
Final Thoughts
These business ideas for Turkish people will work if you are willing to put in the effort. Regardless of how great a startup idea or how well-located your firm is, the success of your business depends on the individuals who execute it.
Every business requires a lot more effort and time. Now you have all the information about amazing business ideas that you can start in Turkey. Thus, if you want to develop a mobile app for your business, you can take assistance from a mobile app development company.
FAQ
1. Which cities are best to open a business in Turkey, and why?
We have listed the 6 best cities in Turkey for doing business.
- Istanbul
- Ankara
- Izmir
- Antalya
- Konya
- Gaziantep
2. Is it possible for a foreigner to commence a startup in Turkey?
Yes, it is possible for foreigners to open a company or startup in Turkey. A private business can be set up by foreigners in Turkey with at least two non-Turkish citizens. You can expand the business in Turkey by leveraging an increasing economy, government and skilled workers. It is only a matter of time and effort to achieve success.
