Are you excited to start a business. Maybe you have an idea, or you’re just fascinated with the idea of launching and growing your own enterprise. ?
You’re willing to take some risks.
But there’s one logistical hurdle stopping you : You don’t have much money.
On the surface, this seems like a major problem, but a lack of personal capital shouldn’t stop you from pursuing your dreams.
In fact, it’s entirely possible to start and grow a business with little financial investments -- if you know what you’re doing. Why a business needs money_
First, let’s take a look at why a business needs money in the first place.
There’s no uniform “startup” fee for building a business, so different businesses will have different needs. It’s important to first estimate how much you need before you start finding alternative methods to fund your company. Nigeria is a land of great opportunities, especially for those who are willin to take d plunge.
But despite d countries rapidly growing economy, employment opportunities are still limited for a native, undoubtedly, dis is pressing us to create employment opportunities of our own.
The good news is that starting a profitable business in Nigeria isn’t a difficult task if you are well equipped with d fundamental resources and knowledge.
As d economic landscape changes, we also need to be tryn our hands at a range of lucrative business opportunities even with our low income. This country is a well strong economical country, just that it’s not been well manage by our government, but still people are becoming millionaires every day from their personal businesses. Most of d millionaires in Nigeria all started wit small amount of money and today they are d big names all over africa.
You too can start something now, remember they said a journey of a thousand miles began from a step.
On dis programme tonight are list of lucrative profitable businesses to start in Nigeria wit #20,000, #30,000 #40,000, #50,000 Naira and make good amount of money from, if done properly.
According to my research, the following businesses are d profitable business one can venture into wit d above mentioned amount and expect good income from.
*Business Ideas to Start With low income in Nigeria*
1. __Sale of bottled drink or bottled water_ _
This is a very lucrative business, because it's every day consumption product, if u are in a very populated state or cities like Lagos then you can consider dis business.
You can start dis business with 20,000 and less, all you need is get a space in a busy road, buy big cooler, an umbrella, ice block, a small signboard to write buy minerals and code water here.
You can even include recharge card sales to it, the 20k is sure of covering both.
2. Popcorn Production Business
Popcorn is one of d most selling snacks, bcos pple eat it in their home, along d road, in their shops, vehicle and even in d cinema’s. It doesn’t required a shop to get started, in most cases it only required an exposed environment and no gender discrimination.
Requirements: popcorn machine, kernel (corn), butter, groundnut oil, sugar, salt, flavor nylon, a busy road or market,u can partner with someone in his/her shop or you can get an umbrella.
In some cases, u may be required to pay some token amt to the local govt council to start your business there. It's not more than 2k.
Small popcorn machine is 9k
Umbrella is 2k
bag of popcorn 5k
3 SELLS OF CD PLATES AND FILMS
If u don’t like Nigeria movies i am sure you like American movies, how about India, Chinese and Philippines movies? uhumm. This is a money splitting business but some people thought there is nothing there.
Do you know how much those movies you buy for 150 naira are been sold to d retailers? in case you don’t know, their counting price is 30 Naira each in Alaba market.
4. Flashing/Downloading Of Music/Games To Phones Business
Do you have a laptop? Pple want to have d latest music audio or video on their phones outside downloading, phones get infected with viruses every day, there is no way a virus infected phone owner would not want to flash the phone, this is where you comes in, you can do phone flashing, music and games downloading, and app downloading also together at the same time.
You can start dis right in front of your house wit your table, chair and a laptop, get two speakers and connect them to your laptop, a plain board and write ” Download Musics, Games, Bible, Quran, & Flash Your Phone Here
Others include, {5} phone accessories business.... These are phone stuffs like phone chargers, ear piece, usb memory card etc. people have issues with their phone accesaries every day mostly chargers. U Can Start dis with 20k.
{6} Fast food business...
You can set up a mini restaurant with 20k to 50k and start making money from it. You can even deliver to companies at the break time in saving them the stress and time going out to look for food by bringing it to them at the office, they will so much appreciate you while you make your money.
{7}Dry cleaning business...
You can start this business right from your home with no capital to 50k. If you don’t have money then use your hand for the washing and iron them, i am sure you have an iron already. If you have money to invest, then you can get a washing machine and start doing it right in your home till you are able to raise cash for store rent.
We also have.....
{8}Fish fingerlings business
{9}Recharge cards distribution business
{10} Shawarma/Barbecue business
{11} Livestock poultry 🐔
{12} Plantain chips business and also
{13} production of candle business
You can drop yours below
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