Profitable Business Ideas in Indonesia in 2024.

Are you looking for some of the best business ideas to implement in Indonesia in 2024 that will earn you a tidy 2,000,000 IDR or more daily?

Do you have trouble coming up with unique business ideas that will allow you to earn such a large amount of money every day in 2024?

If you answered yes, you’ve come to the right place for help.

When most people think of starting a business in Indonesia, one of the major concerns they have is raising enough funds and capital to invest.

This problem can be avoided if you start your business on a small scale at first.

Later on, when you start generating a decent aggregate profit and earning a good reputation, you can expand the business.

Indonesia, a beautiful island nation, is one of the best places on the planet to start a business.

Indonesia has a mixed economy that encourages small and medium-sized businesses to grow.

As a result, you can expand your business idea in a variety of directions.

Indonesia has a wealth of natural resources as well as agricultural products.

This will assist you in coming up with a business idea that makes use of these resources.

Indonesia’s transportation network is also well-developed, which is critical for any type of business to thrive.

Having such background information about the business landscape as well as about the country itself, I think we can at this point begin talking business.

So which profitable business ideas can earn you 2,000,000 IDR daily in Indonesia in 2024? Here is my list:

• Online Trading.
• Internet Service Provider.
• Travel Consultancy Business.
• Designing and Boutique.
• Veterinary Services.
• Furniture Production.
• Insurance Consultancy.

1. Online Trading.

Online trading is the buying and selling of digital financial assets which are listed on the asset market.

When trading online, you do not have to possess goods or services (assets) to buy or sell them.

You only invest in the change in their value over a while, after which you can reap huge returns.

If you choose a given asset, you carry out market analysis and study past data on its price.

After that, you can then decide in which direction the price of such an asset will go.

If you hope that such a price will go up in the future, you only need to click on the Buy or Up button and wait.

However, if you anticipate such a price to fall, all you need to do is hit the Sell or Down button and wait.

If the price moves in your favor, you are meant to profit from the price movement but if it moves against you, then a loss is inevitable.

Assets traded online include Currency pairs (Forex), Cryptocurrency, Indices, Commodities, ETFs, Bonds, and Stocks, among others.

You can invest in the change in prices of such assets and stand a chance to profit big-time.

Brokers.

One thing you will need to understand before we proceed is that for you to be able to trade online, you need access to the assets mentioned above.

The only institution that can give you access to the markets is called a broker.

A broker therefore is the link between traders and the asset market.

At the beginning of every trader’s trading journey, they must choose a broker, from the thousands of them that exist.

Some have even been conned at the very onset of their trading journey by falling for scammers posing as brokers.

That makes this step of the trading journey essential and critical, and that is where we come in handy to inform you accordingly.

Several brokers suitable for willing traders in Indonesia do exist.

Here is a list of the most popular, most reliable and secure online trading brokers for Indonesia:

• Olymp Trade
• Expert Option
• IQ Option
• Binomo
• Pocket Option

Online trading has been the secret to attaining financial freedom for many, and so you might consider it as well, in 2024.

A disclaimer though, is that patience and effort are inevitable if success in online trading will be realized.

Gains.

With online trading, if you have enough experience and proper knowledge of how to trade, then there is no limit to how much you can make daily.

The 2,000,000 IDR daily target is a drop in the ocean if you have invested enough time, enough capital and know exactly what you are doing.

It feels like printing your own money.

2. Internet Service Provider.

In Indonesia, internet usage is very high.

As a result, internet service providers are in high demand. Indonesia is thought to have the highest number of social media users in Asia’s eastern region.

It demonstrates that the demand for the Internet is always increasing in different parts of the country. Investing in such a business would undoubtedly be beneficial and lucrative.

Take advantage of this opportunity to start your own internet service provider business.

Keep in mind that you must provide excellent high-speed internet service as well as prompt troubleshooting.

Your networking skills, combined with sound marketing strategies, will aid in the expansion of your company.

Earnings.

Does this business have the potential to generate 2,000,000 IDR daily?

Of course, it does, if you invest in proper internet speed, network a lot with people and organizations as well as have a good reputation.

If you have been thinking about a business idea to actualize in Indonesia in 2024, then you can give this one a shot.

3. Travel Consultancy Business.

In Indonesia, tourism is a major industry.

As a result, travel and tourism could be a lucrative business opportunity in this country.

Travel and tourism encompasses a wide range of industries.

Begin your business as a tour operator, arranging all of the tourists’ travel arrangements, including flight tickets, lodging, and guided tours, among other things.

You could also offer visa assistance, airport pick-up and drop-off, hotel booking, business tour guide, and a host of other services.

Second, you can work as a travel consultant in Indonesia, recommending various tour packages.

Finally, organize small trips and guided tours for both tourists and locals.

Marketing and advertising, regardless of which area you choose, will increase the profitability of your company.

As a travel consultant, you can sell your services and build a great business in Indonesia.

One of the most interesting facts about Indonesia is that it is a fantastic tourist destination.

Thousands of visitors from all over the world visit and travel to various parts of the country each year.

Bali, Bogor, Medan, and other areas in Indonesia are well worth visiting. For the most part, these places are the main sources of tourist attraction.

Investing in a company like this can be both entertaining and profitable.

You can open a travel consultancy or a travel agency with no risk.

The best part is that you don’t need any money to start because you will be organizing travel arrangements at a fee, not a cost.

As we mentioned, you can begin on a small scale by providing services such as tourist activities, full-day plans for visiting the country’s most beautiful locations, transportation services, and so on.

To better serve your clients, you can enter into contracts with some hotels and local restaurants.

Profits.

With this kind of business, bagging even more than 2,000,000 IDR daily is almost assured.

The more you gain repute and trust, the more your earnings grow, until there is no limit to how much you take home.

4. Dress Designing and Boutique.

Are you a trained or enthusiastic designer?

If yes, consider starting a dress design business or a boutique.

Dressmaking is an option if you have good tailoring skills.

Begin your career as a simple tailor or dressmaker.

Once you’ve gained some experience, you can open a boutique and make a lot of money in Indonesia.

Accessories such as bags, shoes, and costume jewelry should be kept in your boutique.

Make your designs as unique as possible.

You could start a clothing line or simply make traditional Indonesian dresses such as kaftans to sell to people all over the world.

Try to create fusion clothing by combining traditional Indonesian outfits with current Western trends.

To get more business, you’ll need to do good online and offline marketing and publicity for your boutique.

Profits.

Are you wondering when the 2,000,000 IDR daydream will ever come to pass with this kind of business?

One thing you need to realize is that with the proper attitude, aggressiveness, and hard work, anything is achievable.

It won’t take so many months of hard work before your uniquely made dresses and outfits start selling not only locally but internationally.

Remember you are incorporating online marketing and publicity in your business and therefore have a worldwide audience.

Before you realize it, you will be earning more than the mentioned daily target.

That is before everything blows off to the point where you have no control over how much you can make daily.

By that I mean money will be flowing in like no man’s business.

5. Veterinary Services.

Pet ownership is becoming increasingly popular around the world, and Indonesia is following suit.

It would be a fantastic idea to open a veterinary clinic in all the hype.

Because the number of pet owners in Indonesia is increasing, a veterinary clinic is a good business idea.

You can open a clinic if you are a licensed veterinarian.

Otherwise, you can begin your veterinary clinic with paid veterinarians.

More profit can be made by offering pet boarding and selling pet food and toys.

The most popular pet among Indonesians is cats.

Find a good location for your veterinary clinic and establish a partnership with a nearby veterinary hospital. This will enhance your credentials, resulting in more business.

Gains.

You know that if you are a licensed veterinarian, you would make more by doing it all yourself.

However, if you are an investor seeking the services of veterinarians, then you will have to part with a better chunk of your gains to pay for expenses here and there as well as pay those who do the work.

In either case, making 2,000,000 IDR a day is not a dream-impossible, if you consider all the things we have factored in, such as pet boarding, and selling pet food and toys.

All that is done in conjunction with proper marketing and networking, both online and offline, then you are staring at even more than 2,000,000 IDR a day profits.

6. Furniture Production.

Indonesian furniture has a sizable international market.

Many people and businesses from the United States, the United Kingdom, and other European countries contact the Indonesian furniture industries because of their international reputation.

You can also participate in this market by starting a furniture manufacturing company.

Begin your company by establishing your furniture factory, which will allow you to export your furniture and other similar products to various countries around the world.

You can also start a furniture remodeling business, which entails acquiring broken or old furniture and repairing it before selling it.

It will undoubtedly enable you to make a lot of money.

The most common type of furniture is wood.

Find good carpenters and do some research on both creative and practical furniture ideas.

Your furniture’s products should also appeal to the local market. For your furniture factory’s growth, concentrate on effective marketing strategies.

Profits.

With proper marketing strategies that give your business a global reach, it won’t take long before you start pulling a decent daily income from such a business.

Consistency and quality will send your daily income shooting past 2,000,000 IDR to unimaginable levels.

7. Insurance Consultancy.

Insurance consulting is a viable business opportunity in Indonesia, where the number of people covered by insurance is low.

As a result, you can start your insurance consulting firm here. In Indonesia, many multinational insurance companies have established branches.

As an insurance consultant, this expands your opportunities.

To succeed in this business, you’ll need good communication skills as well as networking abilities.

By and large, Indonesians are unaware of the importance of insurance.

This could be your ideal business idea if you have strong persuasion skills and some insurance knowledge.

Collaborate with large insurance companies to earn a lot of money.

Earnings.

Wanna see how 2,000,000 IDR is achievable daily with an insurance consultancy firm?

See only 10 clients daily engage several multinational insurance companies for deals and see if you won’t even surpass such an amount.

It will be possible through aggressive marketing both online and offline, as well as proper collaborations.