Business Ideas For Innovators Looking To Spread Their Wings In Dundee

Dundee is currently enjoying a period of success, with a buoyant local economy and a thriving trade in tourism.

It’s not surprising then, that entrepreneurs would look to explore the opportunities available in the region. If you’re one of them, then here are some ideas on the businesses that will benefit this diverse city.

A Student Membership Service

The University of Dundee is a popular choice for students from around the world, and it already has a wide range of exceptional student services. For example, premier student accommodation provider Collegiate offers quality properties in Dundee. This success shows that students are clearly happy to pay for quality services, so consider offering a student membership service that offers a networking solution, advice and even discounts on luxury brands or entry to popular bars.

A Beach Equipment Hire Service

Dundee is a coastal city with a buoyant tourism market, so establishing a beach equipment hire store could be the perfect solution for innovators who love the great outdoors. You could provide everything from sun loungers through to kayaks and beyond. The city’s beaches are popular with tourists, so you could enjoy a thriving trade if you create a beach equipment hire business. This idea might take a heavy injection of start-up capital, but once you start leasing out your equipment you will soon recoup your investment.

An IT Development Firm

Home to many big names in the technology market, including NCR, Insights, Cerebus Technologies and many more, Dundee is renowned as a welcoming city for IT and game development specialists. It has a skilled workforce and extensive resources in place for entrepreneurs with the expertise to compete in this lucrative and constantly growing market.

A Care Home

Like much of the UK, and the world overall, Dundee has a rapidly ageing population, and as such a care home could be a great business idea for those who want to give back and support the elderly. Care home and homecare businesses are thriving across Scotland, and whilst this idea might take longer than some of the others on this list to establish, once you have your business up and running all your hard work will be worth it.

A Retail Business

Already home to a variety of nationally renowned stores and prosperous local retail businesses, Dundee has a vibrant shopping culture that would make it a great choice for anyone looking to establish a retail shop or outlet in Scotland. The city has many retail properties for sale or let, meaning that you can easily find the ideal premises from which to launch your new venture.

An Estate Agency

In 2019 Dundee was named the best place to live in Scotland, and as a result there is high demand from tenants and homebuyers alike for properties in the city. As such, establishing an estate agency business could be the ideal way to enter the corporate market in Dundee and achieve entrepreneurial success.