The 30+ Best Business Ideas To Start In Cyprus [2022]

The 30+ Best Business Ideas To Start In Cyprus [2022]

Interested in starting a business in Cyprus in 2022?

We put together 30 of the best businesses you can start in Cyprus today.

In this list of ideas, you can find:

  • Home-based businesses to start in Cyprus
  • Profitable online business ideas
  • Unique business opportunities for Cyprus
  • Low investment business ideas (under $5k to start)
  • Easy businesses you can start in Cyprus today

For each business idea, we’ll show you real-world examples, revenue expectations for each idea, + a step-by-step on how to start your small business in Cyprus.

Here's the full list:

1. ($120K/year)

Gia Paddock from Phoenix, Arizona, USA started Boutique Rye over 4 years ago, a business.

  • Revenue: $10,000/ month
  • Founders: 2
  • Employees: 0
  • Location: Phoenix, Arizona, USA

My backstory has absolutely nothing to do with what I am doing now, but that is what makes us so unique. I went to college for education and became an elementary school teacher. I taught 4th grade for three years. However, I knew that was not meant to be my “forever” job.

Something I have always enjoyed was shopping. I mean what girl doesn’t have this as a hobby?! I had always thought it would be amazing to have my own boutique and get to wear new clothes almost every day.

I started thinking about this crazy idea when I got pregnant with my son, Riley. I knew I didn’t want to teach forever and this was my way out! During the summer I quit teaching, I got a job at a local boutique just working part-time, and it was here where the wheels starting turning for this idea. I saw how much I loved going into work every day and how much I enjoyed helping others pick out outfits for different occasions.

how-i-grew-my-clothing-boutique-to-10k-month-in-6-months

2. Start a food truck ($18M/year)

Jeffrey Mora from Los Angeles, California, USA started Food Fleet almost 10 years ago, a food truck.

  • Revenue: $1,500,000/ month
  • Founders: 2
  • Employees: 6
  • Location: Los Angeles, California, USA

We started the food truck business in 2012.

We kept finding it very difficult to find locations to operate. We had a booker that we used to find our locations but fell short and we let her go. I took over our booking and found that most people did not want to book just one truck, not only that they were upset that most of the time the trucks didn’t show up or were late.

We learned the real need was not only helping the trucks but providing a turnkey service for the corporations. This was a game-changer for us, we were really struggling financially.

how-i-took-food-trucks-corporate-and-built-a-18m-business

3. Start a supplements company ($30M/year)

Nick Bare from Austin, Texas, USA started Bare Performance Nutrition about 10 years ago, a supplements company.

  • Revenue: $2,500,000/ month
  • Founders: 1
  • Employees: 23
  • Location: Austin, Texas, USA

In 2012 I was a junior in college studying Nutrition at Indiana University of Pennsylvania. I was also in the ROTC program there so I knew that upon graduating college I would be commissioning into the US Army as an officer.

My friends and I were your typical broke college students and we loved weight training. Because we couldn’t continue to buy our own pre-workout supplements due to personal funds, or lack thereof, we decided to all go in together and purchase bulk ingredients to make our own pre-workout supplements.

Many of these college students, and friends of mine, took out this $25K loan to buy new cars, take vacations, get engaged and married, but I decided that this would be my funding to launch my company.

how-an-active-duty-soldier-built-6m-year-bare-performance-nutrition

4. Start a golf club brand ($12M/year)

Tyler Sullivan from Williston, Vermont, USA started BombTech Golf about 10 years ago, a golf club brand.

  • Revenue: $1,000,000/ month
  • Founders: 1
  • Employees: 2
  • Location: Williston, Vermont, USA

I grew up playing golf and was obsessed with the game. After college, I started "competing" in long drive, which is like the home run derby of golf. I wasn’t that good, but I started assembling my own golf drivers and at one point had 30 golf drivers in my bag. I was always searching for more distance and performance.

I started out by wholesaling and building custom golf drivers, this was my proof of concept. Initially I sold very few, but I still remember the first time I got a sale notification on my cell phone, while being on my boat.

At that point I knew that this was my destiny. I just sold something, while I was on a boat!! My mind was completely blown.

selling-premium-golf-clubs-and-growing-to-500k-month

5. Start a consulting business ($0/year)

Liz Illg from Phoenix, AZ, USA started Liz Illg almost 3 years ago, a consulting business.

  • Revenue: $0/ month
  • Founders: 1
  • Employees: 2
  • Location: Phoenix, AZ, USA

I remember vividly when my idea of business consulting came to me. I was at a networking conference with other business owners and when I stood up to introduce myself to the group, I called myself a systems consultant.

Industries change. Times are constantly changing. Relationships, if built regularly, can last forever!

From that day forward, I created the perfect way to audit an operational system or create one, effectively and efficiently. My systems consultation service is still available to this day and I’ve helped business owners dial in theirs to allow them to grow and transform their teams.

how-building-a-successful-pet-grooming-business-led-to-starting-a-consulting-business-and-boutique-marketing-agency

6. Start a freelancer platform ($480K/year)

Abby (Abhinav) Verma from New York started SkillSoniq about 5 years ago, a freelancer platform.

  • Revenue: $40,000/ month
  • Founders: 1
  • Employees: 7
  • Location: New York

I have 15 years of professional experience across Investment Banking, Tech Consulting, and Entrepreneurship and have studied in 3 continents in Asia, North America, and Europe from schools like the University of Michigan, Indian School of Business, and the London School of Economics.

I have been an entrepreneur 3 times now and founded my first company at the age of 19 to sell paint jobs to homeowners in Detroit while studying full-time at the University of Michigan’s Ross School of Business. This was my first experience as an entrepreneur and got me hooked to the hustle required to get stuff done. I followed it up with a stint in Investment Banking, which taught me the meaning of perseverance and quality testing when I worked 100+ hours a week on multi-billion dollar Financing and M&A deals.

I came across the idea of starting SkillSoniq when I was working with outsourced talent on a tech project a few years ago, where I was sitting in the United States and working with contractors in the Philippines. That experience was extremely excruciating, as I worked at odd hours to keep up with the time zone differences, had difficulty communicating with the contractors and there was a lot of concern around IP security and trust. That experience put me in major depression and when I started looking for better alternatives to hire talent in the US quickly and at affordable rates, I found that the recruiting space in the US was broken.

how-i-started-a-40k-month-ai-powered-recruiting-app

7. Start a construction company ($4.2M/year)

Clifton Muckenfuss from Apex, North Carolina, USA started Carolina Exteriors over 11 years ago, a construction company.

  • Revenue: $350,000/ month
  • Founders: 2
  • Employees: 10
  • Location: Apex, North Carolina, USA

The founders are childhood best friends from small-town America (South Carolina). We took different paths after college and approximately 9 years later, reunited in North Carolina. I (Clifton) was recruited from Florida to work for a Mortgage Company in Raleigh, NC and Wesley was already established here (Raleigh) working for a major building materials manufacturer (James Hardie). After the housing crisis, the Mortgage Company went bankrupt and I (Clifton) found myself without a job. I then founded a Residential/Commercial/Cleaning Company (still in operations today, Managed by my wife, Mary Ann) and grew that business from $0 - $500K rapidly.

Surround yourself with POSITIVE people.

Then, Wes and I were talking about the possibility of starting a siding/exterior remodeling company since most of the contractors were retreating after the recession and the ones that remained, didn’t focus on the customer, but rather, only on the transaction.

growing-an-exterior-remodeling-company-from-3-5k-to-9m-year

8. Start a web development business ($744K/year)

Ty Fujimura from New York, LA, NJ started Cantilever Web Design & Development about 10 years ago, a web development business.

  • Revenue: $62,000/ month
  • Founders: 1
  • Employees: 6
  • Location: New York, LA, NJ

I’m the son of a therapist and an artist, and both sides of that upbringing prepared me well to manage a creative business! I was always playing with code and design growing up, and was lucky enough to have my dad’s tech hand-me-downs to learn on.

I regret bootstrapping because it forced us into making decisions based on the fear of running out of money, rather than on trying to find long-term value.

I majored in Mathematics at NYU, but while in classes I started to get the itch to design again. I did some portfolio pieces in photoshop but needed a website. I taught myself the basics by spending hours in Barnes & Noble reading every web design and development book I could find (even though I couldn’t afford to take them home) and got hooked.

how-i-started-a-750k-year-web-development-agency

9. Start a travel agency ($24K/year)

Marissa Daniels from Remote started Spread Your Wings Travel almost 3 years ago, a travel agency.

  • Revenue: $2,000/ month
  • Founders: 1
  • Employees: 1
  • Location: Remote

I was blessed to grow up in a two-parent household with a loving and caring set of parents. My father was in the military and because of that, I was born in California in ‘94. I’m a Georgia Peach all the way, but I was born in California. Unfortunately, in September of 2018, my life shifted when my father passed from cancer. It was pretty quick. In July, he was diagnosed and in September, he took his last breath. I was a Daddy’s girl to the FULLEST, so you can imagine the pain I went through - and still going through.

Do research before starting. If you want to start a business - research before you pay anything.

Fortunately, he was there to see me graduate from Valdosta State University in 2016. I majored in Mass Media with a Speech Communication Minor. Growing up, I loved to be in front of the camera (my father was a photographer) and I would record the video announcements at my church, as young as 11 years old. I also recorded the announcements in elementary school. I just knew Broadcast Journalism was something I was interested in.

how-i-started-a-2k-month-side-hustle-selling-vacations

10. Start a transportation service

Examples of a successful transportation service:

Here are some great videos on how to get started with a transportation service:

For further info, check out these books and products:

Learn more about starting a transportation service ➜

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11. Start a packers & movers business ($69.6K/year)

Examples of a successful packers & movers business:

Here are some great videos on how to get started with a packers & movers business:

For further info, check out these books and products:

Learn more about starting a packers & movers business ➜

And for some real world inspiration, give Debendra Prasad's story on creating Assure Shift a read:

Hello! My name is Debendra Prasad. I'm the founder of Creatisoul a web development and digital marketing company, and AssureShift, an online moving companies directory for finding nearby professional packers and movers in Delhi and other metro cities.

We have a strong network of more than 700-800 packers and movers under our wing, and they are spread across various cities in India. We have extended our reach to moving companies as well as customers from major metro cities like Bangalore, Delhi, Hyderabad, Gurgaon, and others to tier-2 cities like Thane, Noida, Navi Mumbai, Patna, Nagpur, and so on.

We have successfully served more than 50,000 customers across approximately 23 cities in the country to date. We plan on expanding our reach to smaller cities where relocation services are currently absent. On average, we earn a yearly revenue of approximately 1 Cr ($250K).

how-i-started-a-6k-month-platform-offering-leads-to-packers-and-movers

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Debendra Prasad, on starting Assure Shift ($5,800/month) full story ➜

12. Start an auto repair business

Examples of a successful auto repair business:

Here are some great videos on how to get started with a auto repair business:

For further info, check out these books and products:

Learn more about starting an auto repair business ➜

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13. Start a poultry farming business

Examples of a successful poultry farming business:

Here are some great videos on how to get started with a poultry farming business:

For further info, check out these books and products:

Learn more about starting a poultry farming business ➜

14. Start an apartment rental business

Examples of a successful apartment rental business:

Here are some great videos on how to get started with a apartment rental business:

For further info, check out these books and products:

Learn more about starting an apartment rental business ➜

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15. Start a freight licensing business

Examples of a successful freight licensing business:

Here are some great videos on how to get started with a freight licensing business:

For further info, check out these books and products:

Learn more about starting a freight licensing business ➜

article

16. Start a fish farming business

Examples of a successful fish farming business:

Here are some great videos on how to get started with a fish farming business:

For further info, check out these books and products:

Learn more about starting a fish farming business ➜

article

17. Start a co-working space rental business ($3.6M/year)

Examples of a successful co-working space rental business:

Here are some great videos on how to get started with a co-working space rental business:

For further info, check out these books and products:

Learn more about starting a co-working space rental business ➜

article

18. Start a winter auto mechanic service business

Examples of a successful winter auto mechanic service business:

Here are some great videos on how to get started with a winter auto mechanic service business:

For further info, check out these books and products:

Learn more about starting a winter auto mechanic service business ➜

19. Start an educational center business

Examples of a successful educational center business:

Here are some great videos on how to get started with a educational center business:

For further info, check out these books and products:

Learn more about starting an educational center business ➜

article

20. Start a web hosting service business

Examples of a successful web hosting service business:

Here are some great videos on how to get started with a web hosting service business:

For further info, check out these books and products:

Learn more about starting a web hosting service business ➜

And for some real world inspiration, give Jerry Low's story on creating WebRevenue a read:

Hi, I’m Jerry Low, and I’ve been in the Affiliate Marketing and SEO consultancy business since 2004. I own and operate several websites with a small team, including WebHostingSecretRevealed, HostScore, and HideandSeek. Together, they attract over 700,000 visitors each month.

Affiliate Marketing - estimated to have the size of $17 trillion by 2026, often sees highs and lows depending on what products you sell. I’ve had months where revenue reaches the six-figure level and occasions when I barely make a few hundred.

One of our sites gets close to 4 million sessions and 6 million pageviews in 1H 2021

i-went-from-making-extra-income-with-affiliate-websites-to-building-a-360k-year-business

-  
Jerry Low, on starting WebRevenue ($30,000/month) full story ➜

21. Start a fitness center business

Examples of a successful fitness center business:

Here are some great videos on how to get started with a fitness center business:

For further info, check out these books and products:

Learn more about starting a fitness center business ➜

article

22. Start an online retail store business

Examples of a successful online retail store business:

Here are some great videos on how to get started with a online retail store business:

For further info, check out these books and products:

Learn more about starting an online retail store business ➜

article

23. Start a business brokerage company

Examples of a successful business brokerage company:

Here are some great videos on how to get started with a business brokerage company:

For further info, check out these books and products:

Learn more about starting a business brokerage company ➜

24. Start a taxi cab business

Examples of a successful taxi cab business:

Here are some great videos on how to get started with a taxi cab business:

For further info, check out these books and products:

Learn more about starting a taxi cab business ➜

article

25. Start a pet food and supplies supermarket business

Examples of a successful pet food and supplies supermarket business:

Here are some great videos on how to get started with a pet food and supplies supermarket business:

For further info, check out these books and products:

Learn more about starting a pet food and supplies supermarket business ➜

article

26. Start a beauty parlour business

Examples of a successful beauty parlour business:

Here are some great videos on how to get started with a beauty parlour business:

For further info, check out these books and products:

Learn more about starting a beauty parlour business ➜

27. Start a car rental business

Examples of a successful car rental business:

Here are some great videos on how to get started with a car rental business:

For further info, check out these books and products:

Learn more about starting a car rental business ➜

28. Start an entertainment information business

Examples of a successful entertainment information business:

Here are some great videos on how to get started with a entertainment information business:

For further info, check out these books and products:

Learn more about starting an entertainment information business ➜

article

29. Start a courier service business

Examples of a successful courier service business:

Here are some great videos on how to get started with a courier service business:

For further info, check out these books and products:

Learn more about starting a courier service business ➜

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30. Start a driving school

Examples of a successful driving school:

Here are some great videos on how to get started with a driving school:

For further info, check out these books and products:

Learn more about starting a driving school ➜

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Pat Walls,  Founder of Starter Story

Want to start your own business?

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