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How to open a small business in new zealand? New Zealand has a high ranking in terms of ease of doing business, which means you will face fewer difficulties in starting your business as an NRI in New Zealand.
According to the World Bank, the island country of New Zealand is one of the best destinations to start a business. So as an NRI, you can start a business in New Zealand as a foreigner and watch it grow.
New Zealand has a strong economy as well as a stable government with lots of incentives for immigrant start-ups. As a result, you will have favorable grounds to start your business as a non-resident Indian.
New Zealand gives some tax deductions to self-employed people and companies. What’s more, certain tax exemptions apply to businesses with specific annual incomes.
The export potential in New Zealand is immense. According to statistics, exports account for about 30% of the country’s GDP. Hence you can earn foreign exchange through exports. The items exported include dairy products, meat, fruits, fish etc.
There are different types of funding support for start-ups in New Zealand. There are government grants like flexi-wages for self-employment for start-ups, getting grants, capability voucher funding etc. Apart from this, there is also support from Angel Investment Network.
New Zealand is a potential country to start your business. Work hard, plan properly and get the success you deserve.
What is the best small business to start in new zealand.
As an NRI, there are many potential business ideas for you in New Zealand. Check out the list of best small business opportunities in New Zealand for Indians below:
1. Organic Farming
There is a great demand for organic products in New Zealand. So starting organic farming business is a profitable idea for you as a non-resident Indian. You can grow different types of fruits and vegetables like grapes, oranges, strawberries, lemons, cucumbers, green onions, broccoli etc. in your organic farm. Get licenses and certifications for your products that you can sell in local markets, supermarkets, etc. .
2. Business Consulting & Coaching
Business consulting and coaching is a good business option in New Zealand and if you are skilled then you can start this business and earn good income. As a business consultant, you should offer business feasibility advice, marketing service, sales networking, online and offline promotion, etc.
As a part of coaching, you can provide grooming services to new business owners and executives regarding office etiquette, client handling, maintaining public relations, etc. You must have good contacts as well as a marketing network to get more customers.
3. Dairy farming
Dairy industry in New Zealand has immense potential and hence as a NRI, you can start a dairy farming business in New Zealand. For this business, you will need good agricultural land, healthy cows and enough food etc. The government provides a variety of equipment and services for dairy farming which will help in higher productivity.
4. Online Learning
There is a good demand for online teaching in New Zealand and if you have a good academic or creative background then you can start online teaching as an NRI. As an online teacher you can teach school or college level students. Another option is to teach music, painting, or playing an instrument online. Good personal network, online marketing and social media promotion will give you more customers.
5. Fruit Farm
New Zealand is ideal for the cultivation of a variety of fruits and they also have good export potential. So you can start a fruit farm and earn good income. Find suitable farm and select fruit varieties to grow. Grapes, strawberries, kiwis, blueberries, raspberries, lemons, avocados, etc., grow well in New Zealand. Use good seeds and fertilizers along with modern farming methods for maximum production.
6. Livestock Farming
Livestock farming is a thriving industry in New Zealand and hence a profitable business option for you as a NRI. The major cattle are sheep, cows, pigs etc. You can choose any one of them. Good agricultural land, good food and maintenance will enable you to get a good production of meat. If you can invest, start a meat processing unit and sell processed meat.
7. Making Wine
Winemaking is a profitable industry in New Zealand with high export potential. If you have some knowledge of winemaking, you can start your own winemaking unit in New Zealand and earn good profits. There are specific vines dedicated to wine production and the quality of the grapes for wine is excellent. You must obtain government certification for the wine produced by your winery and that is why your business will be sustainable and profitable.
8. Recycling
Recycling is a good business idea in New Zealand for NRIs. You have many options in the recycling business. First, you can collect the waste and sell them to recycling units. Secondly, you can recycle the waste and make different products from them. Third, you can segregate the waste, sell some of it, and dispose of the rest. All options have good income opportunities.
9. Child care center
As a NRI, Child Care Center in New Zealand is a good business idea for you. Find a good location for your child care center with a lawn and open space. Decorate it with kid-friendly interior with toys and games and comfortable seating and sleeping arrangements. Hire loving and responsible caregivers and supervise them thoroughly. You will need good public relations, verbal publicity and marketing for the development of your child care center.
10. Indian Restaurant
Like most parts of the world, there is a good demand for Indian food in New Zealand. So starting an Indian restaurant is a lucrative business idea for you as an NRI. A strategic location, authentic Indian food and nice decor are the most important points to be successful in the restaurant business. Home delivery of food through food delivery app will give you more business. Online and offline marketing is essential for your Indian restaurant business.
11. Cafe
Cafes are very popular in New Zealand. So you can start a cafe in New Zealand as a NRI and earn a decent income. Strategic location and cool decor are very important for a cafe. Serve good and variety of coffee with some snacks and snacks. Keep your coffee shop open longer to get more customers. Promotion and marketing are very important to get more business.
12. Salon
Salon is a good business idea for NRI in New Zealand. If you are a trained beautician then you can start your own salon or take the franchise of a reputed chain of salons. Good location and decoration is very important for salon business. Also the use of trained stylists, beauty products from reputed brands, and offering of special packages for festivals and events are good promotional points. Marketing and advertising are also important for a salon business.
13. Recruitment Agency
There are many job seekers in New Zealand and many business enterprises who are in need of the right candidates for their companies. Hence a recruitment agency in New Zealand is a good business idea for you as an NRI. You can do this business online where you will have CVs of job seekers and requests from employers. You have to match these two and get payment from both the sides. Online advertising is an important factor in the growth of your employment agency.
14. Event Planning
As an NRI, it is a good business idea to plan events for you in New Zealand. As an event planning company, you can plan and organize various events like weddings, parties, corporate events, conferences etc. Website, word of mouth publicity, referrals and marketing are vital to the growth of your event planning business.
15. Car Rental Services
Car rental services are in great demand in New Zealand. Hence you can start your own car rental business in New Zealand as an NRI. You can rent a car through popular app cab services. Alternatively, you can do business independently and rent a car for a variety of purposes, including luxury cars for special events or VIPs. Marketing and advertising play a vital role in the growth of your business.
16. Indian Dress Boutique
Indian clothing is very popular in New Zealand considering the large number of Indian expatriates residing in the country. So as a non-resident Indian, you can start your own Indian dress boutique with dresses for both women and men. You can start a boutique in a strategic location or an online boutique. Either way, it is profitable. Keep a good collection of clothes and also provide change services. Online marketing and social media promotion are very important for your boutique business.
17. Retail Stores
There is a good market for retail stores in New Zealand. Hence it is a good business idea for you as a non-resident Indian. It is a high investment business, but the rate of profits is also high. Busy places like shopping malls etc. are good places to start your retail store. Home delivery services are also great for your business. Good marketing and advertising are essential for your retail store business.
18. Financial Consulting
If you have financial background and experience, you can start a financial consulting firm in New Zealand as a NRI. As a financial advisor, your responsibilities include financial and investment planning, tax planning, profitability assessment of a business, preparation of project reports, fund management, etc. Marketing as well as good networking is very important for your business of financial consulting.
19. Computer Repair and Servicing
If you are a computer hardware specialist, you can start a computer repair and servicing business in New Zealand as an NRI. As offices and business enterprises as well as other institutions are digitised, you will find many customers with good contacts and marketing. Apart from this, you can also service the personal computer used at home.
20. Tourism
New Zealand is a favorite tourist destination. So you can start a tourism agency business in New Zealand under which you will take care of the entire tour schedule of tourists from air ticket booking to local tours. Obtain the necessary licenses and permits for tourism business in New Zealand. Build a good website for your company and invest in online and offline marketing along with social media promotion.
21. Real Estate Agency
Real estate is a booming business in New Zealand and hence you can start a real estate agency business as a NRI. You can also do this business online. Contact potential buyers directly or virtually and connect them with sellers. For each successful deal, you will get a commission from both sides. Your agency website, online and offline marketing, and personal contacts are very important to this business.
22. App Development
If you are a programming expert, you can start an app development business in New Zealand as an NRI. Apps are required by various business enterprises, especially e-commerce companies. Apart from serving them, you can create a variety of service and facility-based apps like health care, child care, emergency care, fitness etc. Online advertising and your company’s website are essential to getting more business.
23. Social Media Consultant
Social media marketing has become a powerful medium of image building along with advertising. If you are familiar with social media, you can do social media consultancy business in New Zealand as an NRI. You can serve your customers in their social media presence, design marketing strategies, promotional plans and create presentations for social media etc. A good social media presence, along with online advertising of your consultancy, is very important to get more clients.
24. E-commerce
E-commerce is a very profitable and potential business in New Zealand and you can start this business as a NRI. Build a cool app for your e-commerce portal with website. You can sell a variety of goods through your e-commerce business such as electronic gadgets, computers, household items, groceries, clothing, jewelry, and accessories etc. Advertising and promotion are very important for your e-commerce business.
25. Solar Panel Manufacturing
Solar energy is quite popular in New Zealand. So you can start a solar panel manufacturing unit in New Zealand as an NRI. Provide manufacturing as well as installation and maintenance services. Obtain the necessary licenses and permits for this business.