Brazil is the land of football, carnival, beautiful beaches, and a favorite tourist destination. Along with all these Brazil is also a fertile land of new business ideas and opportunities. Therefore it is an ideal place for you to nurture your business ideas.
Brazil being the largest national economy of Latin America offers prospects to your business ideas. Furthermore, the purchasing power of Brazil is also quite good which will help you to earn good profit from your business ideas.
The mixed economy of Brazil is dominated by agriculture, industrial production, and a variety of services. You can think of a business idea related to any of these.
Apart from that, there is a great scope for technology in today’s Brazil. Hence IT-related business ideas will be good for you in this country.
25 Business Ideas & Opportunities in Brazil
E=commerce is one of the most popular business ideas in Brazil today. Set up your e-commerce portal selling different types of goods from grocery to machinery. Otherwise, you can have your niche in e-commerce specializing in specific items like grocery, clothing, or cosmetics to name a few. Quality products, prompt delivery, easy returns are the key to your success in the e-commerce business.
2. Cosmetics Production
The cosmetics business is very prosperous in Brazil. That is why the business idea of cosmetics production is good for you. Start your cosmetics production unit. Produce herbal cosmetics which are much in demand now. Market your products well through advertisements and direct marketing.
3. Wine Shop
Brazilians love wine. Along with that, large numbers of tourists who visit Brazil round the year also prefer wine. Thus wine shop is a profitable business idea that you can think of in Brazil. Start your wine shop in a busy area or places of tourist attraction for getting more customers. Good service, variety in your stock, and good décor are the important points you should pay attention to. Along with that, you need good publicity and a marketing policy.
4. Luggage Delivery
Several tourists visit Brazil and due to long flights and stopovers, they are reluctant to carry their luggage. Hence, the luggage delivery business is a good business idea for you. In this service, you will take care of the luggage of the tourists and deliver them to their destination or hotels, resorts. You have to invest in online as well as offline marketing for this business.
5. Freelance Writing
If you have a flair for writing you can take up the business idea of freelance writing. There are different types of creative writing which you can do on a freelance basis like content writing, article writing, blog writing, etc. As a business idea, you can start your freelance writing unit and provide service to different websites, blogs, magazines, journals, etc. You need good online networking to get more business.
6. Educational Consultancy
Educational consultancy is a good business idea, wherein you have to guide students regarding their educational planning, admission, etc. Apart from that, you can also provide online classes to students of different levels. Education falls in the priority sector. Therefore educational consultancy can get you many clients.
7. Solar Panel
Alternate energy sources especially solar energy is much in demand in Brazil. Taking the advantage of this demand, you can start the solar panel manufacturing business. Along with manufacturing, provide installation and servicing facilities to give a complete solution to solar power. Furthermore, these services will make the clients captive. Do homework about the demand and the profile of prospective customers before starting the solar panel business.
8. Water Purifier & Bottled Water Production
Considering the rising demand for water purifiers in Brazil, manufacturing water purifier is a profit-making business idea for you. Start your manufacturing unit and build a good sales and marketing network so that you can sell them in different commercial as well as residential units. Another related business idea is that of manufacturing bottled mineral water. Both the tourists as well as locals prefer packaged mineral water.
9. Internet Service Provider
The rapid growth of digitization in all works of life has made the business of internet service providers a much sought-after business idea. Start your business as an internet service provider and try to serve different types of customers from corporate offices to individual households. Keep in mind your internet service should have high-speed and hassle-free. Along with that provide the troubleshooting service promptly.
10. Language School
Language school business idea is genuinely a good idea for you. You can teach languages like English, Portuguese, French, etc in your language school. Both classroom courses, as well as online classes, are popular as methods of teaching. Good marketing and advertisements are necessary for the growth of your language school business.
11. Agricultural Products
Brazil is a leading producer of coffee. The country also produces soybeans, oranges, bananas, cocoa, and rice in large quantities. These products also have export potential. That is why agricultural products are a good business idea for you. You can grow these products and sell or export them. Alternatively, you have the opportunity for marketing agricultural products.
12. Agricultural Equipment
As more and more farmers are using modern equipment to increase production, manufacturing, and marketing of agricultural equipment is a good business idea. You can set up your manufacturing unit. Otherwise, you have the option of selling agricultural equipment through a shop or online. You will need a good marketing network to grow this business.
Fintech or financial technology is a booming business in Brazil. You can avail the opportunity and open your fintech unit. Under this unit, you will provide automated financial services to your clients which include a digital payment system, cryptocurrency, and easy loans.
However, you need to procure customized financial software for this business and your clients will include business enterprises, private business owners, and other organizations. Keep in mind; you have to be technically skilled to run this business of fintech consultancy.
14. Dog Walking Business
The busy dog owners need the service of dog walkers for regular dog walking. This is a good business idea for you in Brazil. You can earn good money by walking several dogs throughout the day. To expand your dog walking business, you can hire a few dog walkers and start a dog walking agency. Personal goodwill and contacts are essential for the dog walking business.
15. Car Wash Business
Car wash and detailing are lucrative business ideas in Brazil. You need to have your own van or lease one to provide mobile car wash services.
Additionally, one can also visit the clients’ place for car washing. You can also offer a waterless car washing service by cleaning the car with the help of wipes and cleaning solutions.
16. App Development
The app development business is a reigning business idea now. With your software development as well as coding knowledge, you can get a good profit from the app development business. Be innovative and try to understand the requirements of your clients.
There are different types of apps-some are for business enterprises while some for the common people’s convenience. You can serve both these classes by your expertise as well as creativity. Digital marketing is essential for the growth of the app-making business.
17. Start an IT Consultancy Business in Brazil
Information technology plays a dominant role in modern businesses. That is why IT consultants have great demand. Start your IT consultancy business by providing all kinds of IT-related services to your clients.
These services include the introduction of new software, training manpower in the software application, protecting the system against malware and virus, maintenance of hardware, up-gradation of software, and troubleshooting.
18. Accounting and Financial Services
Accounting and financial services is a lucrative business idea as a large section of business organizations depend on the accounting and financial service providers for managing their accounting.
In providing accounting and financial services you need to prepare balance sheets, bank reconciliation statements, and income-expenditure statements and show the future projections. Along with that, your responsibilities may include the preparation of a bankable project report and financial consultancy.
19. Start a Digital Marketing Agency in Brazil
Digital marketing is a very prospective business idea in today’s business world. Set up your digital marketing service unit and offer services like digital content and ad material preparation, social media marketing, web content creation or editing, SEO guideline preparation, etc. Your online presence along with social media knowledge is very important for a digital marketing business.
20. Real Estate Business
Real estate is a continuously growing area and hence a good business idea. On a small scale, you can play the role of mediator by connecting the buyers and sellers and getting your commission. If you can invest more, you can start the business of real estate development and earn a handsome profit.
21. Fitness Studio
Fitness studio is a lucrative business idea since fitness has become the priority of most people now. Start your fitness studio at a strategic location that can be near workplaces, sports centers, or residential areas depending on the demand for the fitness studio. Hire good trainers as well as invest in good equipment. Online and offline advertisements are necessary for your fitness studio to become popular.
22. Co-working Space
The concept of co-working space as a business idea has gained popularity in Brazil because of the expansion of business enterprises here. You can start a business of co-working space if you have your space or by taking space on rent. Remember to equip your space with all the amenities required for office operation like furniture, computers, internet access, meeting room, etc. Good marketing, as well as personal networking, will give you several clients for your co-working space business.
23. Sports Goods Shop
Brazil is famous for football. Apart from football basketball, volleyball, martial arts are also very popular here. That is why a sports goods shop is a good business idea for you in Brazil. You can get customers from all age groups as Brazilians are sports-loving people. To make your business more profitable you have to focus on the location of the shop as well as good publicity.
24. Open a Tourism Business in Brazil
Tourism is a very lucrative business idea in Brazil as there is a constant arrival of tourists here. You have several options to grow your business in tourism. These options include tour operator, local guide, adventure tourism conductor, etc. Whichever option you choose, you have to follow the local rules and get a license and permit. Along with it, you need to have a good digital marketing network to attract foreigners.
25. Food Delivery
Food delivery is a sought-after business idea. In this business, you have two options. Firstly, if you have culinary skills you can cook and deliver food to your customers against an order. Secondly, you can pick food from the restaurants chosen by customers and deliver them to the doorstep. Thirdly, you can develop a food delivery app and do your business of food delivery. All the options are profitable provided you can market well.
Frequently Asked Questions
Is it wise to start my business in Brazil?
It is advisable to start your business in Brazil for several reasons. Firstly, the economic growth index is rising in Brazil. Secondly, it is rich in mineral resources as well as oil reserves. Finally, the Government offers a lot of tax benefits and incentives to new business enterprises in the country.
What are the best cities to start business in Brazil?
The best 5 cities in Brazil to start a new business are the following:
- Belo Horizonte
- Sao Paulo
- Rio de Janeiro
- Santa Rita do Sapucaí
Can foreigners own a business in Brazil?
Foreigners can own a business or invest in Brazil. However, there are some areas where foreigners are restricted or prohibited. These include Radio, TV, Health care, Air transport, etc.
Is there any opportunity to get long-term funding in Brazil?
Yes. Some development banks in Brazil provide long-term funding.
These business ideas along with information show that Brazil is a good place for young startups to start a new venture.
About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their business. Our aim is to educate the entrepreneur on the various stages of entrepreneurship.