In today’s business environment, small businesses are very important for the economy. They create jobs, provide services and support local communities. But what if we told you there was an easy way to start a small business in Malta? This article will show you some small business ideas, for anyone looking to start their own business or expand an existing business in Malta. Remember to be open to side hustle and entrepreneurial ideas.
Start a pet business in Malta
If you love animals, there are many ways to make money with pet services, including:
• House sitting pets
• Dog walking
• Dog training or grooming
• Animal accessories and toys
Or, if you’re creative and enjoy using your design and building skills, create products that animals will love. Dogs can hunt and grab just about anything, so when it comes to making dog grabbing toys, the sky’s the limit. There are many ways to use your artistic and visionary talents.
Wondering how to afford the materials to make pet toys and accessories? What if we told you that some of your products do not require or at least require very little money to produce? Consider reuse and recycling. You no longer need many items in your home and the homes of your neighbors, family and friends. If you asked for clothes that you liked but no longer wear, how many clothes do you think you would receive? Probably more than you initially know. And that’s just the beginning, because in garages and sheds, you’ll also find old toys, sports, and outdoor gear that you can use as pet toys. For example, old bicycle tires can be used to make throw and retrieval toys or tug-of-war for dogs.
Child care at home in Malta
If animals aren’t your thing, but kids are, use the same tactics as pet stores to offer services or products. Remember when you were a kid, the gift box was more wonderful than it is now? Well, here is an idea! Consider toys that will really interest your little one. They don’t have to last a lifetime, but they have to be very fun for a short period of time.
Create NFT’s
Maybe you prefer a business that can be run from your smartphone and computer? Creating and selling NFTs is the latest trend. NFT is a non-fungible token, it is a document that can become a unique digital asset. It’s true that NFTs can be anything digital (e.g. paintings, music, your brain downloads and turns into artificial intelligence), but much of the current excitement revolves around using the technology to sell digital art.
Resin artist
Resin is one of the easiest materials to work with and the results are amazing!
But most importantly, someone makes money selling everything from coasters, figurines, trays, cake stands and other small resin decorations.
Restaurant operation
Food and beverages are part of everyday life for locals and tourists alike, so it’s a good business that continues to thrive on the island and in other parts of the world. There are many towns and communities on the island that attract tourists, where locals and foreign companies can open restaurants.
Open a franchise
Franchising can be an investment opportunity for international or local companies looking to expand on the island. The development of the island attracts tourists from different countries such as Europe, Australia, China, the United States or India. Opening a franchise in these states will be a lucrative venture for businesses. Various types of industries can set up a franchise such as food, clothing brands, drinks, motor companies, financial services, and electronics.
Disclaimer: The above-mentioned article is simply based on independent research carried out by Dr. Werner and Partners and cannot constitute any form of legal advice. If you would like to meet with up with any of our representatives to seek further information, please contact us for an appointment.
