What Is the Best Business to Start in Turkey

Turkey has many factories that produce goods, chemicals and raw intermediate products. This textile industry is responsible for exporting textiles to European countries. Therefore, textile factories are always looking for investors as there is a huge return on investment. So, find a job in the textile industry, learn how they run their business, and invest some of the capital when you`re ready. Real estate is a booming sector in Turkey. Therefore, building can be an extremely profitable business idea for you. Try to innovate in your design with good space management as well as energy-efficient construction methods to create your advantage and niche over your competitors. Good marketing as well as advertising are also important to grow your construction business. All of the above business ideas will only work if you are willing to work for them, no matter how good a business idea is and no matter how good your business location is, your success depends on the person executing it. All businesses require a lot of time and many sacrifices. Therefore, these business ideas will only be a great source of income for you if you are willing to work with them. Here we list the 6 best cities in Turkey to do business: Commercial greenhouse farming is a path you can explore to start your own business.

Every year, we welcome about 3,000 people. Only 2020 was slightly slower due to pandemic-related restrictions. Hopefully, next year will bring us good news and business normalizes. Turkey`s growing economy needs financial advisors in various fields of activity. If you are a financial expert, this is a very profitable business idea for you. In your financial advisory firm, you can provide advice and guidance on investments, taxes and business expansion plans, suggest profitable business areas and prepare project reports on new business initiatives. And the Armenian Apostolic Church was founded 1,700 years ago in what is now the city of Kayseri. With all these pilgrimage sites, Turkey attracts a large number of pilgrims every year. You can start a pilgrim assistance service where you can help these pilgrims to have a pleasant stay in the country. Are you interested in starting a business in Turkey in 2022? The company started making profits very quickly, in the first quarter after opening and year-on-year, profits increased, while the cost of acquiring customers decreased.

Currently, the company earns about $350,000 a year and is on its way to becoming a 7-figure company. Therefore, the ability to manufacture and sell medical devices is a profitable business. You can start your own financial advisory business in Turkey. A shop is a store that sells clothes. Opening a boutique is a dream come true for entrepreneurs who want to experience the joy and freedom of a cash business. Starting a shop is easy and can be managed by one person. In addition, a shop requires comparatively less capital to start. Turkey`s electronics and home appliances industry is rapidly gaining ground in some European countries and Asia, simply thanks to brands such as beko and Vestel, which have proven over time to be strong competitors to the world`s leading electronics brands.

If you start your own electronics and home appliance retail business in one of Turkey`s cities, you will definitely make good profits in business. Private oil and gas companies initiate gas exploration projects and market them to other industries using OCTG pipes. Given that Turkey`s deficit is $130 billion, the Turkish government would have to invest in huge hydro, wind, solar, natural gas, bioenergy, and geothermal projects to fill this gap. When you become an OCTG technician or invest in these raw material projects, you can really expect to get a huge return on investment. So, if you know English, Turkish, and other local languages, you can start your business by making communication between tourists and locals much more efficient. You can configure your hourly rates and then earn accordingly. This can prove to be a successful business for you. Commercial contracts for a cleaning company are long-term and you have a stable cash flow as it is a necessary service. The limited liability company is a natural or legal person who must incorporate the company and the liability of the shareholders is limited to the amount of capital they have subscribed and paid. These companies must have at least $720 in capital to start, and $900 if there are two founders. So, are you fluent in the local language as well as foreign languages? Well, I have a business opportunity for you. In addition to being flooded with international tourists, Turkey also has companies that have international customers and sometimes face great difficulties due to communication, and so at this moment translation is becoming a crucial need and therefore this industry offers a great opportunity and could be a great way to earn a decent amount.

Note that you still need to register a business. Starting a business in the market is one of the best ways to capitalize on the gig economy and make serious profits. There are obvious benefits to starting an online marketplace and being the go-between between sellers and consumers. Agriculture has always been an important part of the Turkish economy, as the soil is considered one of the most fertile in the world.

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