Business to Start in the Caribbean

by Melinda Gaines; Updated September 26, 2017
Beach at Isla Mujeres

The Caribbean is one of the most beautiful, pristine places in the world, and many people dream of living and owning a business there. If you are a Caribbean native or will be new to the area, you can start a variety of lucrative businesses.

Destination Wedding Service

Bride and Groom Walking on Beautiful Tropical Beach at Sunset

A popular trend is destination weddings, or getting married in a faraway location. One of the most sought-after destination wedding locations is the Caribbean, making a destination wedding service a smart business to start. You can offer wedding planning, or help couples who decide to get married on the spur of the moment during vacation get the necessary paperwork they need, an officiant, and a location.

If you go the wedding planning route, don't worry that your customers will be from another country. With the advent of the internet, you can easily talk to your couples via e-mail, instant message chats, and video conferences. A big plus to advertise that since you do not have to travel to the location (you'll already be living there), the couples won't have to spend extra money on airfare and accommodations for their wedding planner.

Gift Shop

Row of funny colored soap bars in Marseille.

Thousands of tourists are drawn to the Caribbean every year, which inevitably means there are many people who return home with gifts for family and friends. Opening a Caribbean gift shop is a sound business idea -- it is a needed service. Try to differentiate yourself from other tourist shops by offering authentic merchandise instead of only selling generic items such as T-shirts, key chains, and mugs. If you can, offer items made by local artists and crafters. Examples of items you can include in your Caribbean gift shop: artisan jewelry; postcards made from art prints by local artists; music CDs of local bands.

To add more revenue to your business, launch a website where customers can buy more gifts after they return home. Often, people will return home from a trip to the Caribbean but forget to get someone a souvenir, or will buy one for themselves but end up giving it away to a friend or family member. By selling your merchandise online, you can reach people all over the world, and market your business to future tourists.

Restaurants

Latino Shredded Beef

The Caribbean is surrounded with some of the world's most delicious, exotic, and fresh ingredients. You can take advantage of this bounty by opening a restaurant. You do not have to open a large location, and can instead offer intimate dining for select customers. The key to success in this business is offering Caribbean cuisine as opposed to other specialties. If you have unique fusion recipes that incorporate traditional Caribbean dishes, you could put those on the menu as well.

Another option is to open a bakery that serves traditional Caribbean breads, pastries, and desserts. Dishes you could put on the menu of a Caribbean bakery include bulla cakes, carrot cake, rum cakes, round buns, rock cakes, fruit cakes, spiced buns, hard dough bread, coco bread, gizzarda, and plantain tarts.

About the Author

Melinda Gaines has been a freelance writer since 2006, with work appearing online for YellowPages and other websites. Her areas of expertise include business, beauty, fashion and sports. Gaines attended the University of Houston where she earned a Bachelor of Science in sport administration.

Photo Credits

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