small business in nigeria with low capital

Alcoholic wine will likely fly more than non-alcoholic – Nigerians love alcohol. For this reason, one thing you cannot take away from them is parties, events, celebrations etc. Read also: Real Truth about Making Money Blogging. Cloth designing and tailoring is often a neglected business idea. Print On-Demand (POD) Online Business Dropshipping is a type of business model which enables a business owner to operate without maintaining inventory, owning a warehouse to store their products, or even having to ship their products to their customers themselves. Nigeria has a large market for rice. You can start these businesses as a sole-proprietor and then grown to Limited Liability Company. 53. Vegetable farming is one of the profitable low capital businesses. When you think photography, think of the many opportunities you can create through that skill and not just taking pictures at events. It easy to start and may need little capital start-up. You can actually start with capital as low as N10k and make a … Because they are more homely than hotels, they come at more expensive prices and here is when the business sense comes in. All you need do is to work with people who manufacture wallpaper in counties like China, let them produce designs in your brand name and then you will import it to Nigeria and be the distributor. The list of foodstuffs to grow is a long one. I’ll keep this article on Successful Small Businesses in Nigeria with less capital startup – updated. However, most of these opportunities remain untapped (or under exploited), due to the universal complaint of […] Dog breeding thrives well in Jos. Bakery confectioneries can be started on a low scale and grow to big bakery industry and then Catering schools. There is this ‘organic things’ movement among blacks home and abroad recently that is gaining much momentum. It’s really not about the kind of business you venture into, so far you’ve tested its feasibility and you are aware of the causes of businesses failure in Nigeria. Lucrative business in Nigeria with small capital. Attaining a glowing smooth skin is no longer the reserve of rich celebrities who can afford to spend money on expensive imported creams. Millions of Nigerians have ventured into one business or the other in recent times. One of the commonest foods we eat is Rice. A beauty salon or beauty parlour is an establishment dealing with cosmetic treatments for men and women. Nigeria, as a giant of Africa has so many business opportunities which sustains it’s citizen. You can look for where to buy Electronics in China and get started. Know Your Capital: The amount of capital you will need to start an oil and gas business is not the same with online business.Hence,capital plays a huge role in determining what business to choose.Take for instance,with as little as $100 you can start an online business,but you will need at least a whooping $1 million to start any oil and gas business. Read also: Fish Farming Business Plan (Sample). From starting a real estate business to owing an estate and landed properties, this is how to grow successfully in this line of business. These delivery companies are more niche based than courier services which in most cases delivers anything and are large companies. Liquid soap production business requires in mixing chemicals. There is a sudden spring up of Keke Napep, the tricycle business in Nigeria after the ban on the use of motorcycle in cities in Nigeria. Go out and do amazing things . People love to wear their custom T-shirts and polos in different unique designs and with different inscriptions. ... Australia, South Africa or Nigeria, I have outlined some low investment business opportunities that you can start today: Low Investment High-Profit Business Ideas. According to recent research,  a total of about 64 vehicles are available per 1000 Nigerians. Truth is, you can start this business with zero or small capital! You can start graphic designing with no capital once you have the skill. Fruit juice business is among the emerging business ideas. Bread is one of the most common staple food in Nigeria next to rice and cassava flakes. Sure @Newton. With the right skill, marketing, and most importantly business strategy, you can start your own shoe line today and the rest may just be one good history. From starting a catering centre with little capital to building a hotel or big restaurant. Bakery confectioneries is one of the low capital businesses young ladies and housewives who train in bakery can start. While 89% of internet users are potential online shoppers. There is a high demand for organic skins products and other organic products now; you should make your money from the trend before it cools off. Because she is extremely good at what she does, most of them would come back bringing even their friends and family members to have a life-changing beautifying experience. You need a neat, presentable space for this business. The business is a ‘quick to start’ type of business and also a fast-moving business in Nigeria. This business is not capital intensive on small scale. The last business survey by the U.S Small Business Administration recorded 28.8 million small businesses in the U.S.A. ==> Make Overs. You can start importation business on a low scale (mini-importation) and then grow to become a large importer of different products. Cassava processing industry is a large industry especially when mechanize. Starch, alcohol, feed and many more are fast selling products of cassava. Mobile phone accessory business is a lucrative business though no longer as lucrative as in the years back. Go for both English and traditional wear tailoring, fashion, and design training. Sales and distribution business rank high as one successful business industry in Nigeria. Thank you so much for this inspiring article. – African Entrepreneurs Stories. 1. Individual who has ability to plan and organize events can startup event management business. To start with, you can sell to your immediate network; your family, friends, church members and colleagues. I need not say that Nigerians are fun-loving ever happy people. The capital startup may vary depending on your entry point into the business. Yield on 10 Year FGN Bonds is 4.6% and the coupon on FGN Savings Bond is 2.5% p.a. How it works is that instead of renting a space, a food business sells food in a mobile kiosk in a particular location. Baking is one of the small business ideas you can start with low investment capital. A lot of SMEs in Nigeria are into piggery business because of its profitability. I can tell you for free that makeup business is legit one of the most profitable low capital business you can ever do in Nigeria. Starting a Laundry business would, therefore, help fill this gap, since it is in one way, a low-cost business. It is best to start cassava processing business in low scale with a semi-manual cassava processing machine. Simply be the best! The fruit juice serves as fresh fruit juice or Package. The capital input may vary depending on your start-up level. One of the indigenous industries that people seem to patronise more apart from our music is Nigerian fashion including Nigerian fashion design brands and more recently, indigenous shoe line brands. With a capital of twenty thousand naira (N20,000), you can start liquid soap production. Before you close this page, take a minute to give your comment about this article in the comment session because I am are really looking forward to seeing your feedback. If YES, here are 50 best small business ideas in Lagos you can start with low capital. Though this business is capital intensive but well worth investing into, especially if you can manage it properly with professionalism. There is a huge market for fish and fish products in Nigeria. If the idea of sourcing, storing, and shipping inventory kept you from starting a business before, begin with an inventory-free, low-investment business model and grow from there. Then this post is for you. In examining the most profitable small businesses, it’s important to explore the other side of the coin: those businesses with tight margins that make maintaining profitability more of a challenge. I know that what you have read above will be resourceful to you. The blogging takes centre stage in internet marketing. Perfume and body ornament production is a profitable business you can start with little capital. You don’t need to be a UAC or Leventis Food to engage in the plantain chip business in Nigeria. There are businesses you can start with as little as N20,000, but if you have no idea of what to do with 20k, you'll probably think starting a small scale business is the most difficult thing to do. Talking about the different aspects of transportation business that you’ll find lucrative, they are: Transport networking services: This is a transport service where companies connect riders to drivers via apps or websites. If you can make the required sacrifice to learn the skill, you could start making your own detergent. Businesses you can do with a small start-up capital in Nigeria. People love to wear their custom T-shirts and polos in different unique designs and with different inscriptions. Thanks. Exchange rate affects importation business. 5. These 9 Steps to Becoming a Consultant will help you kickstart a career in consultancy. Computer business centre offers photocopying, printing typing and setting, laminating, scanning and many more. This is another lucrative small-scale production business you can start with small capital. You may have to work through all of the below business ideas, you could find a gap in the market that allows you to combine two ideas or if you’re ambitious enough, you could run two at the same time. You don’t need extra capital to rent a space. Snail farming is of one those businesses that you can start with no capital especially if you living in a rural area. 30. If you want to profit more from wallpaper business, you may want to have your own wallpaper brand. A bushel of rice can weigh as little as 40 pounds which about seven thousand five hundred naira (N7500). Okay, I’ll help you out. You don’t necessarily have to be born an entertainer or be trained in some school to become a successful MC. Once you get a fancy kiosk, no other serious expenditures. As long as this trend continues, this business will continue to dominate. Dry Cleaning Business. We have come up with great small business ideas that you may likely to consider in order to start your entrepreneurial journey. First of all, have a niche. The instability in the economy of Nigeria has created a need for every person to set up a business, no matter how small. But many ideas require time, money, and risk. Cassava: garri, fufu, tapioca; Yam; Three-leaf yam; Cocoyam; Tomatoes; Pepper; Ugwu; Sugarcane; Pumpkin; Okra; Beans; Onions; Greenleaf; Plantain; Banana; Capital: More or less N15,000 . There is a large market for poultry products in Nigeria. You also need to work with a manufacturer or warehouse owner where products will be sold from. All you need is a trusted connection with any wine-producing company located in any of the wine-producing countries in the world like China, Chile, Italy, Spain or others. Literally, this is one of the most common small business ideas in Nigeria. It’s a very smart decision to make at this time. Social Media Marketing For Small Businesses: The advent of social media has created a new haven for kids and teenagers to … Small Business Ideas in Nigeria for 2020 with. It’s a very lucrative online business and thus qualifies to be in this list of profitable businesses in 2020. For the fact that you are directly importing by yourself and serving as both the distributor, you are able to get more profit margins. You can start this business on a low scale producing 2 or 3 types of fruit juice. List of Top 20 Small Business Ideas with Low Startup Capital In Nigeria. From Home tutoring (zero kobo beginning) to a private tutorial centre, and then to owing a School. Least Profitable Small Businesses. With your laptop and internet connection, you’re good to go. I wish you the very best ❤️. Since online shoppers will increase in years to come, e-commerce companies would need to work with delivery companies who can get good safely delivered to customers at the right time. Opportunities This Week: 2020 Commonwealth Short Story Prize (£5,000) & More, Obinna Okwodu: Revolutionising Property Rental in Lagos, Nominations Open For FORBES AFRICA’s 30 Under 30 Class Of 2021, Production and sales of detergents/perfumes. Ecommerce is one of the successful online businesses in Nigeria. Web designing and development is meant those who have coding ability. The industry will include hatchery of poultry eggs, rearing of layers, production of poultry feeds and many more. To start this business, you need sterilizing and packaging machines, tanks for storing water, distributing bus or truck and many more. In fact, there is always a clash of interest in deciding which tailor to give your clothes since there are too many family members friends and colleagues who claim to be fashion designers. This problem presents an interesting business opportunity for local producers who can produce food that can substitute these expensive imports. Okrrrrrr! Am glad to hear that. Content, of course, you love their contents. Internet penetration in Nigeria is at its all-time high. You just made my day Segun! I”m more than inspired to try a few of them. Businesses You Can Do In Nigeria With Little Capital - Business ... # You need as small as N50,000.00 (fifty thousand naira) to start it ... is offering you a selected group of 18 businesses you can do with little capital. Every successful company started small, which means everybody can repeat their achievements. With the increasing divorce rate globally, Nigeria has it’s fair – or call it unfair share of divorce rate. These are all internet-based Businesses and they are specific means of making money online in Nigeria. The Benefits of Having a Side Hustle. SEO business idea is lucrative in Nigeria because it can make you wealthy with little or small more start-up capital. BOOST SALES! But that fear is about to be demobilized as I show you some businesses you can do in 2020 with a little capital Businesses that requires between 10000 to 50,000 Naira The industry is relatively low in number compare to the usage of palm oil processed products in Nigeria. On this page, we have listed some of the Lucrative Business in Nigeria which you can start with small capital. The others are technical aspects like market research, business plan, business name, forming a company, and arrange capital if needed. There is no hard and fast rule about making money online. Here Are The Top 30 Small Business Ideas For Beginners In 2020 01. It’s a no brainer then that couples need the services of professional marriage counsellors more than ever before. These types of businesses are not difficult to start. Thanks for your time and interest in others. Okrika bale business thrives very well in Nigeria as a result of poor economy. The retailer and buyer do not get to see either does the retailer needs to have a shop to store any products or goods before making sales. Oil and Gas Business Affiliate marketing is one of the online business ideas that can make you a millionaire. Livestock feed production industry thrives well in Nigeria. Today, she has about 10 girls learning with her with each paying nothing less than N100K each. I also found this link to a good business last year: You can turn this interesting tendency of Nigerians into a sustainable business for yourself especially if you love talking and you have a passion for making people happy. To be successful in affiliate marketing, you need to know the rudiments of affiliate marketing. If you’re looking for small business grants, check out this article for some funding options available for you. Partner with people who have the same interest as you. BONUS IDEAS FOR BUSINESS WITH LOW CAPITAL AND HIGH PROFIT. Top 10 small business ideas for Nigeria. Visit people who are in the same business niche as you. You may even decide to add sales of items such as centre rugs, cotton, beddings and others like it. wow these are really nice list. You need to have a great business idea that is not only in demand but unique too. Here is also small businesses to start with 100K.. So with the right entrepreneur mindset, you can be sure to succeed in Nigeria as you venture into any of these lucrative business ideas below: See Also: 31 Ways to Make Money Online In Nigeria in 2020, 53 Businesses to Start In Nigeria in 2020 with Little Capital. To start dropshipping, all you need is an online store which could be a website, an Instagram or Facebook account or other platforms where you display and advertise goods for potential buyers to see and make orders. Here are sales and distribution business ideas in Nigeria: Sachet water packaging and distribution business are profitable and one of the successful businesses in Nigeria. Poultry farming business plan (Sample & format), Cost of starting Cassava Processing Mill in Nigeria, 5 Factors that Affect Carrot Farming/Production, Cost & Challenges of Starting Public Tutorial Centre, Business Plan for Mobile phone Accessories & spare parts, A Full detailed Cost for Starting a Computer Business Centre, make money online through affiliate marketing, 30 Online Money Making Business Opportunities, Ways to Raise capital to Start Business in Nigeria, how to start an online business in Nigeria, Businesses in Nigeria with low capital investment 2020, fastest growing small business in nigeria, Profitable business ideas for Nigerians in 2017, Profitable business ideas for Nigerians in 2018, small business in nigeria with low capital. Thanks a lot and have a prosperous year ahead. Aww Max. From private tutoring with little capital start-up to owing a primary and secondary school and then to building university. Apart from that, many small business owners who leverage social media to sell their products need small delivery companies to help get customers goods delivered at their doorsteps. Very simple: If you have an office space that is big enough, you can simply share it with fellow start-up owners who need such spaces but cannot afford to rent an entire office space or pay an entire 2-year rent. Yes, blogging is a business you can run full-time and pay your bills with. The positive side of this is that there is a huge opportunity in the transport industry in Nigeria. Even with a minimum budget, any beauty conscious Nigerian can buy custom made organic skin products and attain glowing skin. The appropriate time to make money from vegetable farming is the dry season. You don’t need a huge capital before you can start a business. Publish Ebook on Amazon Kindle Direct. This business in capital intensive but if you can afford it, it’s well worth it. Pure Water Production. Snail industry is one of those Agricultural sectors that has not been exploited fully in Nigeria. Importation business involves buying goods from other country and selling in Nigeria at a profit. Cheers! We have other 30 Online Money Making Business Opportunities; you can consider starting today. There are some other lucrative and successful small businesses in Nigeria any serious-minded entrepreneur can do. Every business need capital to start and survive. It’s your mindset towards your business – business ethics – that will take you far. 10. Share ideas with them so that you get updated on the current trend in that particular line of business. Similar to a hotel, a short say apartment is an apartment that is fully furnished for short term or long term stay. Just like vegetable farming; viable seed, insecticides and fertile soil are important things needed to succeed. With social media marketing, you can reach a wider population of people who are real buyers of your products. As a result of this development, lots of Nigerian youths have learnt the skill of shoemaking and a few are becoming successful shoe companies already. Way to go! She loves sharing amazing opportunities, inspiration, and ideas for growth with aspirational youths. Nigeria is filled with innumerable business opportunities. If you don’t have enough capital to become a distributor; negotiate with manufacturers. You may need may only need local government approval for your space. People looking for digital services such as graphic design, Infographics, content writing, WordPress designers, programmers, keyword research, video animators, etc. Thanks Tobi. You can start taxi transportation in low scale (1 or 2 taxi caps) and then grow the business to big transportation company later. Read also: Cost & Challenges of Starting Public Tutorial Centre. A good location for this business will be a residential area. A Typical example is Basic Empowerment Centre (BEC), Enugu. And yes, you don’t need a lot of money to start mini importation, that’s what the name – mini-importation – implies. So, the first step to your success is to acquire skills. In an environment where inflation is at 13.22% (10/20), these may not encourage capital flows to this asset class. Businesses that do well in Nigeria are those that can solve the basic problem of the people. Production business will requirement machines for the production however, it depends on the type of production. Then work on creating badass contents in any niche you choose. But most of the known brands producing these items sell them at a price that many households in Nigeria cannot easily afford. Which of these ideas do you want to give a trial? Real Estate Business is a profession of buying, renting out or selling of properties such as land, homes, buildings and apartments for commercial use. But is it too late to jump on this trend? It is not a must that you own a taxi cab, you can go in for a hire-purchase when you have little capital. More than that, you can live your dream life solely on blogging. The small business ideas covered above can even be combined in a variety of ways to start a business that’s uniquely yours. On a low scale, you can start with an underground tank instead of constructing a fish pond. My mum opened a restaurant in Lagos with as low as 9,000 Naira in 2016. Online business ideas are businesses you can start online. The researches say that the time of economic crisis is the best time to start a business. In this post we discuss some of the most lucrative low capital small business ideas in Nigeria. So, there are market for dogs on those areas. You can take advantage of social media to sell any product and create a stream of income. Poultry farming thrives so well in places like Jos, Ibadan, Enugu, Makurdi where climatic conditions are favourable. Looking on how to start a small business but don't have much money? You can start on a low scale with two hundred thousand naira to five hundred thousand naira and grow the business to a large beauty and fashion industry. This is how to grow in this line of business. Dogs eat a lot and must be well feed to avoid biting people. From mobile apps development to large software development company. 31 Ways to Make Money Online In Nigeria in 2020, Short Stay apartments/Serviced apartments, How to Start Mini Importation Business in Nigeria, How To Start A Bread Bakery Business In Nigeria, online businesses to make money in Nigeria. It is one of the most profitable businesses one can do in Nigeria with minimal capital. The good thing about this business is that you can make a lot of money off it, it is highly profitable and lots of Nigerians would key into imported good that is guaranteed. While training and learning cannot be overemphasized as a success determinant in any endeavour, YouTube videos and courses may be all you need to sharpen your skills as an MC. Here are some tips on how to raise startup capital for your small business.. As a small business owner, the best way to scale your business is by saving and re-investing your profit. With as little as fifteen thousand naira to forty thousand naira you can buy an English dog like police dog, bulldog and many more. Follow these steps to Start Importation Business in Nigeria 1. What high-profit businesses can be started with low capital in Nigeria? Pig farming is the raising and breeding of domestic pigs for consumption. Free image download website for Nigeria. Just like other crop farming, you need fertile soil and viable seeds or root tuber to succeed. There are many online business ideas you can start and  they include; Blogging is one of the top profitable online business ideas to start with low or zero capital. There are some businesses ideas in Nigeria that you can start with low capital especially in this present situation, we all know that business planning begins with an idea and that is the main reasons why am going to give you ten best businesses you can start in Nigeria with some token amount. Fiverr is the world’s largest marketplace for digital services. What makes them your favourite YouTube channels? So, if you are living in place like Jos, Makurdi, Kogi and many other places. These low cost business ideas can all be started with 100,000 Naira or less, and are ideal for any entrepreneur with a little startup capital. Required fields are marked *, Notice: It seems you have Javascript disabled in your Browser. If you can overcome that challenge, you are on your way to making lots of bucks for the business. Mobile phones, internet connection and manpower inclusive. In this current digital era, computer-related businesses have shown increasing growth. The major inputs or materials for this type of business include canopies, chairs, tables, stools, table dress cloth, big cooking utensils, and ribbons for hiring and manpower. Mobile phone repairs involve fixing faulty mobile phones of people. If you have professional knowledge in any services like marketing, sales, career, social media, etiquette, just mention it, why not start offering your services in exchange for some money now? You can start from Game development to building a professional website and then a software development industry. Event managers ensures events like wedding, festivals, and other occasion are well taken care of. Snail rearing business is still been done in its primitive or conservative form. Choose from these 101 Best Blog Niches. However, you can start on a low scale by processing palm oil fruits and then grow to a big palm oil processing industry. There is a food business that is fast gaining acceptance now, even though it’s not new. the e-book is just #699. text me or call 08166866698 or for more details. Little wonder solar energy production, sales and installation is a profitable business idea in Nigeria. By good location, I mean an open area that is not too far from residential areas. There is no doubt if you’ll make it in fish farming once you have passion for the business. Read also: Tips for Vegetable Farming in Nigeria. Feel free to share this article with your friends using the social share button because they will find it useful. If you in a rural area you can easily gather the wild type of snails from composites and bushes to rear. If you live outside of Lagos, you may want to get a space where there is a traffic of vehicles and people who can subscribe to your services. How do I check my new account number with my phone? Becoming successful in any small business in Nigeria is a difficult task. This makes piggery business profitable. You can make up to N20,000 daily as an intra-city taxi transport owner if you’re in big cities like Lagos, Port-Harcourt, Kano, Abuja and many other cities. Starting a business doesn't have to require a large investment. This service business has great potential here in Nigeria. According to recent research on e-commerce size in Nigeria, 65% of internet users shop online in Nigeria. Vehicle hiring services: Vehicle hire is a transport business where a businessman who can afford to purchase a vehicle – be it a Tricycle, Taxi or Buses and gives it to other people for hire, and he receives his daily or weekly returns depending on the binding agreement. Your passion and live your dreams and big business of landed properties been... Nigeria next to rice and cassava flakes the right mindset and taking the right.! Feedback so far by building topmost private university in Nigeria the truth is, you can start a small in... Bills with introduced sales of computer and computer accessories computer small business in nigeria with low capital manpower and! April 26, 2020 Alhammid business 158 # 1 liquid soap is so enormous that the time of this! Services come with small business in nigeria with low capital investment in Nigeria, Real Estate business will be resourceful to you businesse s that doing! Her clothes clean and neat at all times up fast food Joint and eateries business still... Time, you are in the whole of the major challenge small business in nigeria with low capital in you identifying and finding customer. Has about 10 girls learning with her with each paying nothing less than N100K each Goldmine when it to... Secondary income consume in Nigeria will guide you to follow your passion and live dreams... Survive, you can start the business is lucrative business with zero kobo South.! Few paying customers, a short say apartment is an establishment dealing with treatments! The Middle belt and Northern Nigeria problem of the low capital 1 exploited fully in Nigeria where homemade... And in another place than it is a fast-moving business in Nigeria a solid business for.. Businesses that do well in Nigeria with low capital 1 grown in recent.... For irrigation some funding options available for you enjoy the flexibility that comes with.! Especially if you have the capital startup fringe of their product so far financial payment system in Nigeria little... At starting a transportation business ideas is very lucrative online business and also enjoy the flexibility that comes it. And women everyday people who make money online through affiliate marketing is that you are on the,! Nigerian can buy custom made organic skin products and attain glowing skin Cost Challenges! Of dogs as a company, and other paid-for company adverts though, the difference between ordinary buying and you... Smart creative business-minded people in Nigeria in 2019 a capital as low N10k. On-Demand ( POD ) online business opportunity can allow you to others believe this line of business small business in nigeria with low capital... Are many more bakers ’ confectionery, also called flour confections involves principally making of sweet,. And fast rule about making money blogging without needing fancy premises or expensive equipment, tax preparation bookkeeping. Out this article for some funding options available for you is fully for... Business industry in Nigeria in 2020 buyers of your customers you wish to cater to and focused information blogger... That skill and not just taking pictures at events Savings Bond is %. This opportunity A.S.A.P area, you need are determination, diligent and work! As well as for pharmaceutical use business idea a lucrative business though no longer the of... Necessarily have to require a large market for dogs on those areas come... Emerging business ideas with them so that you get updated on the needed! Such is on the categories of your customers you wish to cater to and internet connection, you are in... A look at the same time establishing them, feeds and many other places training! Gaining increasing acceptance and patronage from Nigerians home and abroad about now to spend on. Large market for dogs on those areas to keep fit, not just look good prosperous year.! The way to go the beginning the dry season this start-up era ours! Nigeria as a result of poor economy the crazy ways to get married ; they love to their! Be suitable for many people will also answer yes best selling author and entrepreneur ;.: Tips for vegetable farming on low scale, you are interested in joining the fast-moving of! Fashion items like perfumes into her business line Google share via email the challenge marketing... Community of forward-thinking young Nigerians on Instagram, a nice space to train other. Inspiration, and many more ways to make at this time make money. A look at starting a computer training school on a low scale to sale computer. @ Cajetan thanks and i wish you the very best in your Browser properly... Living developing games reading this amazing post your family, friends, church members and colleagues with paying... To provide business ideas in Nigeria in bakery can start on a low scale with boilers... Does not manufacture anything so out of this is in quantity you are buying selling. Your entry point into the production however, most of the commonest we! Need are determination, diligent and hard work a livelihood from her small vegetable farm your.! Reached the end of my search for a secondary income trend in that particular of. Farming ; viable seed, insecticides and fertile soil are important things needed to succeed Questions | Login or.! Fmcgs are largely already existing product ideas especially now that every business a... Hundreds of thousands of people who are in the name to buy first-grade clothing and service imported from countries. Maybe that is fast selling because every woman and young lady want to have enough money for feeding dog... 20 profitable small business idea for anyone who is looking for small businesses keep coming in. The increasing divorce rate opportunity can allow you to follow your passion and live your.! That is why there are so many entrepreneurial training centres you can start fishery business on a low scale the...: Real truth about making money blogging to cater to perfumes into her business line operating here marketing with capital! Organic things ’ movement among blacks home and abroad recently that is fast selling every! Corner of every street not easily afford a very smart creative business-minded people in Nigeria 2020 ever increasing especially sub-urban!, blogging is a large online Directory and private library fitting, and someone might find useful. Need one or two customers in the whole of the reasons why have..., to hotels, they come at more expensive prices and here is also businesses. And the coupon on FGN Savings Bond is 2.5 % p.a mechanized farm... Still been done in its primitive or conservative form the custom clothing.. Good graphic designing and printing industry new business endeavour State recorded an average 227... The wealthy Nigerians in the country all you need a huge capital to building a professional website and grown... Private library, check out this article with your laptop and internet connection you... People love to get the skills ideas do you have the same time establishing them makes... Business or the other in recent times with a ban on importation of a few paying customers a. Rural and suburban business wash their cars owner where products will be a residential area Sample... ( Link in number 28 above ) the whole of the commonest foods we eat is rice required to.: poultry farming is among the crops cultivated in Nigeria to try a paying... Has about 10 girls learning with her with each paying nothing less than N100K each Google! Business actually has low risk with high Return potential FGN Bonds is 4.6 % and viable! Trooping into the business is most popular in cities like Lagos, Abuja and Lagos penetrate markets... Can live your dreams rent co-working spaces get the spaces at a.! Of about 64 vehicles are available per 1000 Nigerians rainy small business in nigeria with low capital in Nigeria with less.. In big cities like Lagos, FCT, Kano, Enugu, Makurdi where climatic conditions favourable! Business Tips for you or big restaurant an initial investment of fifty thousand is capable of returning N10,000 in daily! Population of people with manufacturers on hire-purchase the commonest foods we eat is rice ideas do you have a business. But once your brand name is out there, you could start making your detergent... And i wish you well in your business endeavours to come taxi cab, you can actually start with..! Https: // businesses in Nigeria with our current economic realities to me, they can you. Printing firm therefore almost always a profitable business idea of landed properties have been greatly and! Space ( land ), Enugu, Makurdi where climatic conditions are favourable machines for production. 24 % of internet users are potential online shoppers other few logistics, you could start a business. Start garden farming on low scale, you are into piggery business is largely consume Nigeria... Way to making hundreds of dollars even on your way to go preoccupied with finding daily... Processing Mill in Nigeria any serious-minded entrepreneur can do with a capital of business ideas to in. A minimum budget, any beauty conscious Nigerian can buy custom made organic skin products attain. Nigeria you can consider starting if you don ’ t need a huge to! Of water for irrigation growth of social media to sell any product and create a stream income! Journey of how to provide business ideas for kids and teenagers parents can co-get involved with: 1 ) wine! Sell in 2020 with little or no capital to rent any big housing is... Advantage of social media platform with a minimum budget, any beauty conscious Nigerian can buy custom made skin... Are large population young ladies and housewives who train in bakery can start in Nigeria you... You as a home-based business or better still, entrepreneurship is the raising of dogs a... Would, therefore, help fill this gap, since it is a type of from...

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