If you reside in Zimbabwe or closely follow what is happening, you will know construction is booming. We have had discussions on construction business ideas for Zimbabwe before. This is because there are unlimited business prospects in that. Due to the construction boom, countless new residential areas are popping up. Such areas present some exciting and lucrative business prospects. That is why we are looking at business ideas targeting new residential areas today. These are not the full pith as it were. You can adopt them as is of course, but you can also get inspiration for even more business ideas.
Landscaping Services
Most new housing units will be largely unstructured regarding yard design and arrangement. Homeowners will usually need to have their yards landscaped. You can make good money from providing the necessary services. I have noticed many self-taught landscapers making money. Imagine if you have a professional approach in the form of a business – more prospects!
Solar Installation Services
There is a growing trend where homeowners resort to solar energy, and property owners in general. This is mainly so due to ongoing power woes in Zimbabwe. You can quickly have several clients by targeting new residential areas. Recently did an article on starting a solar installation business in Zimbabwe. Kindly check it out.
Hardware And Consumer Electronics Retail
New residential areas often have varied needs for such items. The hardware usually comes in handy because much work will still be done on houses. This is usually finishing touches, e.g. painting, fencing, and the like. Typically many people prefer to DIY, so hardware will come in handy. Relevant consumer electronics also come in handy. This also spans consumer electronics needed for furnishing houses, amongst other things.
Home And Kitchen Furniture
This is also something that will sell quite well in new residential areas. Of course, such items can extend to commercial buildings in that area. If you look across social media, you will notice many home and kitchen furniture businesses sprouting in Zimbabwe. Even in or for established residential areas, such items are selling well. This means for new residential areas; there is more revenue potential.
Shopping Outlets
This can almost go without saying. This may depend, though. The opportunities are substantial if the new residential area is remote or isolated. That would mean all the respective residents would need somewhere to purchase basic commodities. Thus starting businesses majoring in fast-moving consumer goods (FMCG) will be essential. Informed by market research, you can settle for small-scale capacities, e.g. tuck shops. If the area is big enough, whole shops or supermarkets can do it.
Security Services
With the setting up of any building structure comes the need for security. This comes in many forms starting with home security. This can take on many forms too. You can settle for businesses like CCTV installation – a business I recently wrote about. You can also focus on selling home security gadgets, e.g. alarm systems. Security can also be in the form of providing manpower to guard. Another angle is that of secure communal car parks. The approaches are many and security services are highly sought after. This is especially so due to rising criminal activity in Zimbabwe.
Transport Services
This is yet again a business idea that will depend on various factors. This business cluster will thrive if the new residential area in question is underserved or not at all. Residents often must commute to and fro workplaces, learning institutions, shopping centres, etc. Thus you will use your discretion to determine what the target market needs the most. Is it taxis? Is it general public service vehicles? You can also explore other offshoots of the transport services domain. These are specializations such as motor mechanisms, car washes, car sales, etc. So many businesses are focused on settling for in-transport services targeting new residential areas.
Food Services
This here pertains to focuses such as restaurants. A wide range of eateries is what I am referring to here. As much as people may prepare food at home, they often need to eat out. That is where you can come in with a food services business. It can be brick-and-mortar-based, or it can be mobile. You can also consider food deliveries as well. You have to do your homework to see what would appeal to the residents in question.
Education And Health Services
This also depends on the characteristics of the new residential area. Education and health are basic needs which anyone typically looks for. An isolated or remote new residential area would need these services nearby. This spans the whole spectrum, from goods to services. Usually, facilities such as kindergartens, clinics, pharmacies, and the like are a must. Again, this should all be informed by market research.
Beauty And Hair Services
It does not matter where you go; people need these services. It does not matter whether you focus on just retail, actual services, or both. You can be sure to score clients needing beauty and hair services. Especially for new residential areas, setting up shop at the onset is strategic. Over time, you can easily become the go-to business in that area. There are also many approaches you can employ in rolling out the business. For instance, you can set up a physical outlet, or you can mainly do house calls. You have to research first and understand the needs of your target market.
These are the 10 business ideas you can consider for new residential areas. How you choose to roll out these ideas is informed by many variables. For instance, the size of the residential area, its location, the income levels of the residents, and so on. You must carefully consider all those elements to start a relevant business.
