10 Business Ideas Italy 2016
Being a top industrial country and having a high economic growth, it is filled with investment opportunities. If we take a look at the statistics of Italy’s economy is the third largest economy in all of Europe and eighth largest in the world. Now that we know that it has a lot of investment opportunities we need to take a look at where can they be most beneficial for earning profits. The list of top 10 Business Ideas Italy 2016 is given below.
10. Club Ownership
Considering the night life of Italy and the crime rates of the country, it is safe to invest in a club and be the owner of it. It has a huge amount of earnings in this particular business. In just a short span of time one can even start expanding their outlet.
9. Leather Items Business
Taking the high demand of leather clothing items that are made in Italy like leather belts, shoes, purse and even jackets hold a high regard in the world of fashion. This business demands a high investment but also doubles the investment when it comes to earnings.
8. Furniture Business
Italian furniture is famous and highly demanded all over the world. Even the royal families have furnished their palaces with Italian furniture because of its sophistication and elegance. The business will yield high profits.
7. Cigar Lounge
Cigar lounge is one of the highest profit yielding businesses but to run such a place first one needs to get a license from the concerned authorities. Once the license is issued, you can easily start this business in this field and earn lots of profits.
6. Fast Food Business
As discussed before in Top 10 Business Ideas in Australia, you can never go wrong with fast food. Knowing how fast food is the best option and although it has a lot of competition but it will earn you a lot of profit.
5. Tour and Travel
Knowing the all of Italy by heart and its rich history and the monuments. Taking people on a tour of the ancient monuments and historical landmarks is fun and profitable. Keeping aside the travel cost, one can earn a lot of profit in this business.
4. Hotels and Spas
Italy is one of those countries where people come from all over the world every day, wanting to visit the historical places and then resting after a long day out, now a hotel that offers relaxation and comfort is what people look for. A spa is just another plus point for anyone who wants to pamper him or herself. Now this business is high yielding but needs a lot of investment.
3. Perfume Manufacturing
Production of perfume is an ever expanding business in Italy. Doing deals with designers and famous actors and actresses to make them their brand ambassador is just another plus as it increases the sales by a large percentage.
2. Formal Wear
Italy is also known for its production of clothes for formal occasions. Their suits are one of a kind and expensive but well-tailored. Clothing business is top profit yielding so far.
The world’s finest of wines are produced in Italy and no other country can compete with the delicious wines. However delicious they are the more expensive they become. Hence why it is the most profitable business in all of Italy.