Do you want to start a business in Spain and don’t have enough ideas? If so, here are the 50 Best Small Business Ideas Investment Opportunities in Spain for 2020.
Spain is a country on the Iberian Peninsula in Europe. It comprises 17 autonomous regions with diverse geography and culture. The climate in Spain is mainly Mediterranean. For this reason, the country has mild winters and very hot summers, especially in coastal areas, with a lot of rainfall in the Cantabria region.
In the Pyrenees and Sierra Nevada the climate is alpine, while the south-eastern part of the country is semi-arid and the Canary Islands are subtropical. This shows that Spain is fundamentally a warm country.
Historically, the main sectors of the Spanish economy have been food, textile and electronics manufacturing, with machinery under development including automobile factories, railway foundries and workshops, diesel, electrical and industrial equipment factories. If you’re looking to start a business in Spain but don’t know how to do it, here are 50 of the best guaranteed profitable business ideas in Spain.
50 best business investment opportunities in Spain for 2020
- Become a guide
Spain has a number of tourist destinations and these areas attract visitors every year. If you live in an area with a lot of tourist activities in the country, an obvious activity is to become a tour guide. As a guide, you can guide visitors to these historic areas.
You don’t need to spend a lot of time organizing this business. All you need to do is start an effective website that explains the services you offer and how businesses and individuals can use your help. You will need to invest in a good website with good SEO to drive organic traffic, you will need an impressive portfolio and at least five reviews from satisfied customers.
- Start a hotel business
Every country that has tourist destinations needs hotels, and good hotels for that matter. People always need a place to stay when they are away from home, and building hotels is one way to attract tourists.
Adding breakfast to your offerings can help you gain frequent clientele as it is recorded that people prefer hotels that offer food over those that do not. This activity is very capital intensive, so you need to prepare for it. You can also skip the hassle of building a large hotel and just start a small managed Bed & Breakfast that you can run with your family.
Accounting is a section of financial accounting that involves keeping and maintaining records of business transactions. Accountants keep accurate and complete financial records of the business.
Businesses large and small must keep their records up to date in the event of taxes and other unforeseen events, and businesses in Spain are no exception. While many software packages are now available for accounting tasks, they never replace the role of a qualified accountant. Working as an accountant requires both education and experience.
- Start your wedding at your destination
A popular trend for adventure couples is a wedding or a wedding in a remote location. Spain, for example, has some picturesque places where couples in love can get married. If you live in places like tropical islands with pristine lakes, snow-capped mountains, and scenic landscapes, destination wedding services might be a good deal for you.
You can offer wedding planning or help couples who decide to get married while on vacation get the necessary documents including official, location, photographers, etc.
5. Become an insurance underwriter
If there’s anything Spanish businesses and citizens need, it’s insurance. And with insurance comes the insurance of insurers. These underwriters are the primary link between the insurance company and the insurance agent.
Insurers use computer programs to determine whether a claimant’s claim should be approved or not. They enter customer information into a computer program to provide advice on insurance and premiums.
The underwriters evaluate these recommendations and decide to approve or reject the insurance proposal. Starting a business as an insurance underwriter is sure to generate good returns as there are many businesses that need your services.
- Laundry service
Everyone does laundry, and as such, laundry is a good thing anywhere, including Spain. This activity, while profitable, requires very little start-up capital and experience. All you have to do is find a good location and collect the necessary materials. Market your business throughout your region and you are sure to get customers, as long as you provide quality service. You can also focus on tourists to gain that market share.
- Start a waste recycling business
Another business that you can start and earn in Spain is the waste recycling business. The recycling plant deals with the recycling of plastic, paper and glass from waste. After separating and sorting these materials, operators process them into usable products and then sell them to wholesalers and manufacturers.
In Spain you can run a small recycling plant where you can recycle any paper. plastic, metal or the like. Recycling is big business and the fun part is you can start with a little seed money.
- Daycare for adults
An adult day center is generally a non-residential establishment that supports the health, nutritional, social and daily needs of adults as part of a professional team. Every country in the world has a notable elderly population.
Many people in Spain choose to keep their elderly parents and relatives at home rather than sending them to nursing homes, but they need help looking after them. when they need to go out for a long time. With the right facilities and the right staff, you can easily carve out a place for yourself in the adult child care industry.
- Create a travel agency
With tourist destinations in Spain, a viable business to start in the country is a travel agency. A travel agency is a private retailer or government service that provides travel and tourism related services to the public on behalf of suppliers such as airlines, car rentals, cruise lines, hotels, railways railways, travel insurance, etc.
It is a generally accepted fact that Spain has a thriving tourism sector and people from all over the world visit this beautiful country all year round.
There are a number of tourism-oriented businesses that you can start generating significant profits from. If you love hospitality and you love to serve people, then a travel agency is a great idea to start, you can help tourists organize their trips, accommodation and sightseeing during their stay.
- Start car rental
Some people are very independent and would always like to behave no matter what continent they are on at any given time. This group of people would always love to rent cars when they come to new places to explore the world around them as they wish.
You can run a car rental service to serve visitors who prefer to drive themselves. You can rent cheap and expensive cars, and you can also rent motorcycles and bicycles to suit every pocket.
- Start a craft business
Crafts are a profession that involves the ability to make things by hand. If you have art skills or devious hobbies, you may have one of the most important elements of a successful business, especially if you live in a tourist destination, as visitors always appreciate local crafts. .
If you have accumulated a lot of crafts, you can open a small shop in town where you can sell your crafts. You can also contact other artisans and offer your products at the market.
- Open the Curio store
Vacationers are always eager to buy souvenirs for those who have returned home. To meet this need, you can open a souvenir shop in your area of Spain. In this business, you need to provide your customers with a variety of artifacts to choose from and avoid excessive pricing that might set them away from your competition.
Every work of art has a story, and if you share with your customers the cultural value of each with a friendly smile, it will be difficult for them to resist buying from you and thus boost your curious business.
- Fundraising service
A fundraising service is a business that helps individuals and businesses raise funds for their own purposes. With many promising businesses in Spain, they will most likely need businesses to help them raise funds. A professional fundraiser works with charities, nonprofits, schools, groups, and political groups to help every organization raise the funds it needs.
Since there are many such companies in Spain that need help with fundraising, therefore the fundraising service will be good in the country. You will receive your commission income on the funds you have raised.
14. Open an ice cream and smoothie bar
Everyone loves goodies and Spain is an incredibly warm country due to its location near the desert, their climate is almost always good for ice cream. Ice cream comes in many different qualities, so you need to decide which ones you want to sell. Define the store space, products and marketing plan. There are two ways you can start your ice cream shop.
The first is to buy a franchise of a well-known brand or have your own store. If you are starting a business with no experience, buying a franchise would be the best decision. Calculate your fixed monthly overheads and financial planning with ROI calculations.
Sales will increase depending on the location you choose and the target audience you choose. Make sure your area is crowded like playgrounds, malls, offices, markets, etc. You should also hire experienced people who either worked for an ice cream company or knew a thing or two about the business.
- Spa service
Spa is a company that provides a variety of services with the aim of improving health, beauty and relaxation through personal hygiene procedures. The resorts offer a variety of services such as manicures, pedicures, hair treatments, seaweed wraps, aromatherapy, facials, waxing, acupuncture, face and whole body massage.
These services are almost essential because people need to relax and be pampered. Themselves after a hard week at work If you have the skills, you can set up spa service in your area and target tourists for higher income.
- Mobile catering truck
A food truck is a large vehicle equipped to prepare and sell food. Some, including ice cream trucks, sell frozen or prepackaged foods; others have built-in kitchens and prepare meals from scratch. A mobile catering van is very cost effective, especially if it is installed near construction sites or where workers in Spain are plentiful.
You can sell sandwiches, burgers, fries and other regional fast food products. With the warm climate generally seen in Spain, people eat out more often.
- Cleaning company
If you are looking for a mop and a rag, you can start cleaning in Spain. You can easily start your own cleaning business or, if you’ve saved enough money, you can buy a cleaning franchise. You can focus on retail and keep your customers in one or two blocks. If you provide excellent service, it will be an advertising medium for you as your customers will come to you by word of mouth.
Lots of people love coffee and will always stop by for freshly ground coffee every now and then whether it’s hot or not. Opening a cafe in a busy neighborhood will attract many customers during office breaks and in the morning. You can add donuts, pretzels, bagels, etc. as an accompaniment to coffee.
Think about how hot croissants, donuts, pies, cakes, bagels, etc. every time you have your morning coffee and you know why bakeries are such a part of society. Note that you can easily run a small bakery where you can cook according to your surroundings while making a profit. You can also bake bread at home and distribute your fare to grocery stores, but you need to make sure your city allows you to do this from home.
- Mobile spa
Having your own mobile spa is a great way to get started on your own and provide a service that people will want to buy. With a mobile spa service, you can give people spa treatments at home, in hotels, at conferences, at festivals – anywhere, really.
For a mobile spa to be successful, it helps that the services it offers are more than just skin care, although it does offer facials, skin care consultations, microdermabrasion treatments. and a beautician is an excellent starting point. However, if you can offer massage, manicure and pedicure, bridal hair and makeup services, etc., you will find a wider range of sales and customer opportunities.
- Veterinary company
Veterinary medicine is a branch of medicine that deals with the prevention, diagnosis and treatment of diseases, disorders and injuries in animals. The field of veterinary medicine is large and encompasses all types of animals, both domestic and wild, and deals with a wide range of conditions that can affect different species. In Spain people take care of their pets and therefore the vet will have no problem maintaining his business.
- Seasonal rental business
Spain has many sites and places of interest, which makes it a good tourist destination. To take advantage of what the country has to offer, you can start renting vacation homes to tourists and visitors. Since vacations peak in summer, your business will likely be seasonal, but the profits you make in one season will likely carry you into the next if you work hard enough.
- Distribution of specialty foods
Specialty food products are mostly one-off, expensive products made in small batches from high-quality ingredients. Consumers tend to pay higher prices for specialty foods and may think they have different benefits compared to non-specialized foods. You can start selling these foods in Spain either directly to consumers or in restaurants.
- Ornamental fish farming
Ornamental fish are colorful fish that are kept at home in aquariums as pets. About 7.2 million households in the United States and 3.2 million in the European Union own an aquarium, and their number is increasing day by day around the world.
There are also a large number of people who own aquariums in Spain. Today, ornamental fish farming has grown into one of the most profitable business ventures in the world. It’s a kind of shallow fish farm that can be done in the back yard and can still make a lot of money out of it.
- Fumigation services
Fumigation is a typical food business that an aspiring entrepreneur considering starting a business in Spain should consider. Fumigation is done to kill unwanted insects, weeds, etc. This business is easy to set up and you can also manage it from the comfort of your home. Please note that you should be well informed about the various chemicals used and that you should apply for and obtain the required licenses before being allowed to operate this business.
- Become a translator or translator
Spain attracts tourists, with a large number of tourists visiting the country every year. It is difficult for them to understand the local languages of the country. In addition, the locals also prefer to speak their own language. So if you know English, Spanish and some other local languages, you can start a business by making communication between tourists and locals much more efficient. You can set your hourly rates and earn accordingly. It can turn out to be a successful business in Spain.
- Start growing in greenhouses
Spain is a country with a penchant for agriculture, and one business that you can start in this regard is a commercial greenhouse farm. Greenhouse farming gives you more control over the growing conditions of different crops. Depending on the technical specifications and the greenhouse design specifications, some important factors that can be controlled include temperature, light and shade levels, irrigation, fertilization and air humidity, etc. .
Greenhouses are primarily used to overcome deficiencies in the growing qualities of a plot of land, such as a short growing season or poor lighting. Essentially, they are designed to improve food production in environments such as the desert.
- Create a renewable energy company
The renewable energy company is one of the best business ideas in Spain. It is one of the best business ideas in Barcelona and other parts of the country. There are different options for a renewable energy business and includes businesses related to wing power, solar power, geothermal power, etc.
- EBay Selling Business
EBay is growing in popularity. Almost everyone buys products on eBay these days. If you have the capacity to produce a product that is in demand in the market, you can also sell that product through eBay. It’s a business that you can run from any part of the world, including Spain, and make good profits.
The best thing about this business is that you can sell anything. Let’s say you are a designer and you make the perfect girls shirts and tops and you can easily sell them on eBay. This activity is also developing in Spain. Thanks to this, you can easily start your online business with little capital.
- Restaurant and bar
In all the areas where people live, one of the main businesses is a restaurant and bar. Indeed, whatever the nature of the economy, people have to eat. It is a very profitable business in Spain, but at the same time a competitive business.
So for this you need to provide delicious food of the highest quality. Your employees should also be well trained. Initially you can start your business on a small scale, and then you can expand if you start making good profits. This is one of the great business opportunities in Spain if you start with the right planning.
- Event planning
Wherever people organize events, event planners are needed. If you are an organized person and can meet deadlines flexibly, business event planning is the right choice for you. However, there are some skills required to be successful in this type of business, including excellent communication, marketing and updating skills. You do not need to have a specific qualification to start this type of business in Spain.
- Become a private investigator
Recently, the number of people who need the services of private investigators in Spain has increased significantly. People use the services of private detectors for a variety of reasons – from employment to debt collection, and even after being tracked by their spouse.
This is a unique small business to start in Spain if you have the necessary skills and training. Detectives help solve various crimes, help business owners investigate their business partners and employees, and provide other services.
These services are sensitive and critical; This is why private investigators make huge amounts of money if they prove to be profitable for their employers.
- Recruitment services
Spain is a growing economic center with new businesses appearing every day. These businesses and organizations need people to help them run. This is why recruitment agencies are doing good business in the country. This is a business to help small and medium businesses provide recruiting services and hire the right people for their businesses.
- Become a yoga instructor
If you are a yoga pro and love to teach, there wouldn’t be a better business idea for you. It is one of the great business opportunities to be opened in Spain. You just need a place to start doing yoga.
You can rent this place first, then you can buy your own place when you start to make big profits. Another way to increase your income in the yoga industry is to organize yoga retreats where people have to pay to attend.
- Marketing and public relations services
You don’t make money in a business by starting that business; You make money by raising awareness in your business Marketing and public relations in business are very important to every business. Some of the services that you can provide in Spain include market research services, SEO services; Email marketing, call centers and social media marketing. It will not be difficult for you to gain traction in the market if you are always showing results.
- Rental property
Spain has experienced a significant boom in the real estate market and the real estate market has improved considerably. The scenario is very different today than it was a few years ago, and therefore renting a property is a great idea for budding entrepreneurs or people looking to make some extra cash.
You can rent a property for different demographics and for different purposes. The key here is to provide something unique to people and to make sure that the service you provide is good enough that you can get more customers in the future. Invest in Spain because you also don’t need any special licenses to rent properties and you just have to focus on advertising your services.
- Retail store
Opening a rental car in Spain is another lucrative business idea that you might want to pay attention to. There are a few things you can sell, but make sure the product you choose has good demand.
If you are selling imported products, it can get a bit tricky as there are a number of things you have to deal with at the same time. Reselling products made in Spain is an easier option because you can easily find suppliers. Make sure you do a baseline survey and know the demand before you start.
- Become a language teacher
While learning Spanish fluently for communication, it is also advisable to have more people on your side as there are a lot of people who want to learn an additional language like English. It might sound simple, but with more supply than demand, you will have to stand out and be the best in your field to survive in this industry.
- Open a dental clinic
The healthcare industry can get a little tricky because you have to be truly skilled in your field to stand out. This is why businesses like dental clinics are left only to professionals. If you are a dentist, this suggests that you should open your own dental clinic.
You will need a license from the Spanish authorities to practice in your area, so it is advisable to be patient and allow sufficient time to fulfill all legal obligations before starting any type of business related to the healthcare sector. . Also look for liability insurance if you are interested in this area.
- Carpooling services
Car-sharing administrations are another activity to consider if you live in Spain. This is because it is extremely expensive to maintain or maintain an individual vehicle, and many low-paid workers would prefer to use carpooling services. If you have a car and work in a specific area, you can set up a ridesharing service in your area to earn extra money.
- Car sales
The Spanish automobile industry is really profitable and you can make money with this industry by selling cars. In addition to marketing cars to manufacturers, you can also start selling auto accessories such as batteries.
Spain has a rich supply of lithium, which is an essential element for the production of batteries. Another thing that you can start in Spain in the automotive industry is to start collecting or giving hands-free gadgets to drivers so that they can do other things while driving without endangering their lives and the lives of others .
- Open a fitness center
The food is cool and everyone in town wants tight abs, bulging biceps, and a two-fiddle shape. That’s why fitness centers never go out of style. If you have the right capital, you can set up a fitness center in Spain and help people in your area get in shape.
If you don’t have the capital to set up a suitable gym, you may decide to record your workout videos and put them up for sale. Another way to make money in this business is to upload your fitness videos to YouTube so that you can earn money when people watch your videos. You can also encourage people to subscribe to our website so that they can receive daily workout videos.
- Collaboration / exchange of offices
New businesses are growing in Spain and they all need office space. Most of these new entrepreneurs cannot afford the exorbitant office rental fees, so they usually rely on office sharing. Once you have the funds to build an office, you can start renting space to people who need office space but can’t afford a freelance address. Note that this business is capital intensive, but if you can build yourself a suitable office space that you can rent out, you have a cash cow yourself.
Agriculture is one of the economic centers of Spain, and to take advantage of this sector you can start practicing beekeeping. This hardened insect has served human needs since time immemorial. Much has been said about the medicinal properties of honey, which is a bee byproduct.
With the growing awareness of the health benefits of honey, the demand has increased exponentially. Bees are bred for their honey and other by-products like beeswax, and it’s a profitable business that can be started with minimal start-up capital. You don’t need to own a land or an institution to start a beekeeping business, but the business requires daily monitoring with close observation of the bees.
45. Start a meat processing business
Meat processing is the use of machines to process and package the meat that is to be brought to market. Commercial meat processing is a capital intensive activity as all processed meat products must undergo physical and / or chemical transformation in some way. Plus, you need to have the right distribution and marketing strategies before you start a business.
46. Interior designer
If you have a way with frames, fabric, and fabulousness, working for yourself as an interior designer is a great way to take control of your time, to make people (or at least homes rich) a more beautiful place. You don’t need a college degree. to find clients; all you need is the necessary experience and possibly a rich catalog of designs and creations. Being an interior designer in Spain will bring you good benefits.
47. Fashion designer
If you are very creative with fabrics, one line of business that you can start in Spain is to become a fashion designer. Most of the fashion designers who show their designs on the catwalks are from Spain, so you can become one of them and it’s never too late to start. But even if you don’t go to the show during Fashion Week, there is a lot of custom clothing that needs to be designed – without your crazy hours and working with even crazier personalities.
48. Provide hair care services to the elderly
The hairdressing industry in Spain is very competitive and in order to carve out a niche for yourself you can start offering hair care services to seniors. You can offer your services to the elderly in nursing homes, or you can set up a schedule where you come to their homes at the agreed time to take care of your hair.
As you serve these seniors at home, you get more for your services. You can also get a physical salon where stronger seniors can come in for their hair. Know that you have the softest hands and use the most delicate products so you don’t have complaints that could ruin your business.
49. Become a janitor / personal assistant
The concierge assists people. This business is for those who are extremely efficient and capable of success. The people who hire you will expect something when they want it, and you should be able to find not only what they want, but with a personal touch and a smile on your face.
The most likely clients of the concierge service are senior managers who are in the office at 7 a.m. and spend most evenings there until 9 p.m., so they have very little time to complete all tasks. which often need to be performed during these hours.
50. Become a marketing copywriter
If you can write copy that encourages people to buy what your customer has to sell, you can make a lot of money in this business. Since there are many business issues in Spain, offering this service will soon earn you a lot of money if you can offer your services in the right places.
Best business ideas Investment opportunities in Spain
51. Automotive industry -. There are many very profitable companies in the automotive industry in Spain. Some of the major companies in the Spanish automotive industry include:
- – GPS Services : You can offer GPS installation and tracking services . Many foreigners and tourists come to Spain every year, moreover, many locals can benefit from the safety and direction that a GPS vehicle tracker offers. One particularly interesting type of GPS service that you can offer in Spain is helping people find suitable parking spaces, especially in urban areas, to avoid being punished for illegal parking.
- – Carsharing services : Carsharing services are another activity to consider. Maintaining a personal car is very expensive and many low-income people choose to sign up for carsharing services.
- – Car batteries: You can also sell and export cars. batteries. Or, if you have enough capital, start making car batteries as well. Spain has a rich supply of lithium, which is the main component of battery production.
- Hands-Free Devices – Another idea is to start manufacturing or selling hands-free devices for drivers so that they can receive urgent or important steering calls without endangering their lives and the lives of others.
52. Renewable Energy Industry -: The renewable energy industry in Spain is growing and you can also join this attractive moving train. You can start producing biofuels to help people save on energy costs. You may also want to consider other renewable energy options such as solar, geothermal, biogas, and wind power, and I’m sure many business owners and home owners who do. have enough of the rising energy costs to greet your business.
53. Marketing and Public Relations Services -: You are not making money in a business by starting that business; You earn money by building brand awareness for your business. Marketing and public relations in business are very important. Some of the services that you can provide in Spain include market research services, SEO services; Email marketing, call centers and social media marketing.
54. Private detective – . Private detectives are used not only to solve crimes, but also by business owners to investigate potential business partners, employees, suppliers, and even consultants. Private detectives make a lot of money not only in Spain but around the world.
55. Collaboration office / exchange: . It’s a business that can satisfy everyone, but can target strangers. Many foreigners who want to start their own businesses may not have the luxury of renting an office. Collaboration allows multiple people to come together to share an office space to run their business. As a collaboration service provider, you provide space and receive rent from stakeholders.
56. Translator / Interpreter: Spain is a tourist country and many tourists come to Spain every year. If you are fluent in the language, you can act as a translator for visitors who do not understand it to ensure effective communication and allow them to enjoy their stay.
57. Hotels / Bed Breakfast -: This activity is also aimed at tourists. You can set up a hotel or even a bed and breakfast to provide accommodation and food for the dozens of tourists and business travelers who travel to and from Spain every year.
58. Recruitment services -: . You can help small and medium businesses build good hands to help them with their business.
59. Restaurant and bar – . It is one of the most profitable but most competitive companies in Spain. However, you can showcase your own restaurant and bar business by looking for less competitive niches; believe me, you will find a lot.
60. Property Management -: You can also make money by managing people’s property or creating your own properties and transferring them to others.