While there are some incredible business ideas you can consider, understand that without doing any proper investigation on them, you could lose all when doing business in Nigeria. This only requires a laptop and your skills! Setting Up. All you need is an assured source of water, a Washing machine (can get a small one for 15k), and a 3kva generator which will cost you 30-35k. Another very lucrative business you can set up with 50,000 or less in Nigeria is Soap making business. The next issue definitely would be which business idea or venture to invest the 100 thousand naira you have saved. Almost everyone in Nigeria use a cell phone and we know that airtime is like the life of a phone. people have issues with their phone accessories every day mostly chargers. They require time, skills, money and effort. What Kind of Business Can I Start with 50k. According to him, he noted that importation business can be started with 20000 to 50000 naira and be sure of making 150000 Naira monthly, if importing the right products. How To Apply For IEFA Sustainability Scholarship 2021. Polytechnics Not Under ASUU In Nigeria (Updated). Starting … However, these business has a lot of challenges first of which is high competition as many are into the business. 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Phone accessories are phone stuffs like phone chargers, air pies, usb memory card etc. you can … It can otherwise be called soap production business. Then watch you fingerlings grow into big fleshy catfishes. SOAP MAKING BUSINESS. You can design a website for various companies. Said another way, the better you are at managing risk, the more rewards you can reap. Peanut Butter Production. Don’t just mention the name, write brief detail about the business for people to have an idea of what it takes to start … Then you need to buy recharge cards from reliable wholesalers; with 15-20k you can get a chunk size of recharge cards and you good to go. you got yourself a business!!! As an entrepreneur, you can bet that each day will be filled with new opportunities to challenge yourself, be creative and learn something new. With the high rate of unemployment in Nigeria, a lot of people are left without jobs. So today, we will look into 10 businesses you can start with 50k or less in Nigeria. This business is very lucrative if you are in a busy location. Making and selling popcorn is another profitable business you can venture into. If you are someone who loves to own a business then this article is for you. All you need to buy is the basic tools needed for your craft like scissors, combs, brushes, etc, and advertise yourself and you are good to go! You can start a tailoring business. Cost of structure: with  N 20,000 – N 30,000 you can make a concrete pen with soil deep of about 10 inches, and cover it with screen or wire all around to prevent the snails from escaping, II. You could upload your courses on sites like Udemy and get paid every time someone enrolls for your course! E-Payments and POS Business Agent This is another business that is increasing in popularity every day. According to research to produce 16 pieces of candle does not take more than 10 minutes, all you need to do melt the wax, put in your mould, in 5 minutes after, put in another wax, which you must have melted, while the previous one congeals and you go on and on. Snail is very expensive in … Profitable Business You Can Start With 50k In Nigeria. Trust me you can start this business with 50k in Nigeria or even 30k depending on the capital available to you at that time. For example, you could buy a bottle of perfume at wholesale price for 500 Naira and sell it for 1000 naira to your customers! Small Sealing Machine: N12, 000, III. Just go online and search for reputable stores that ship products to Nigeria and place your orders. “There is nothing like being successful through your own leadership, abilities, ideas and efforts. This business is a very profitable business which does not need close monitoring as long as you can account for the number of the phones. Now that you have ideas of the business you can start with 50k in Nigeria right now, let us also discuss why you should run your own business. This are the profitable business to start with 20000 – 50000 naira in Nigeria. One of the most oft-cited benefits of owning your own business is the flexibility that comes with it, whether that be working from wherever you want, setting your own hours, wearing a nightgown or even sitting next to your pet while you work. Poultry Business. You should consider the practices of that location you want to set up your business. This is another good business which you can start near a school or college, or in a crowded environment like Nairobi. If doing it the right way you will get retailers coming to buy from you every day to sell. Good luck, future businessman! So, depending on what you can do or your area of interest to earn you a living, We have sorted out some list of Profitable business you can start with 50k or less in Nigeria. Internet marketing. If you don’t like your co-workers you’d better start sending our resumes. This is another very good business that can bring you income. If you are good at designing and creating images using platforms like Canvas and Photoshop, you can start up your own graphic designing business and garner clients. All you need to do is to sell yourself out there and present your clients with an irresistible portfolio! So In this regards, we have mentioned business you can start with 50k or even  less  than 50k in Nigeria. You can start importation business while you are in Nigeria, Alaba … You can start … With #10,000 Naira you can have a candle mould, which produces 16 candle sticks at a time and go about 50 times a day translating into 800 per day. Snail farming is not difficult to start and you don’t need up to N100, 000 Naira to start this business. The only important thing this business required is a freezer and Better generator with water. You can then buy their feeds for 15,000 naira. I don’t know more about this but my research shows it a lucrative business that has no stress, and with 50k you can start this business comfortably. You can start from distributing kerosene in your area, and grow into a big oil and gas merchandise. The requirements to start this business are Wax #1,000 Naira, mold cost #30,000 Naira, Thread #1,000 Naira, Packaging Nylons N1,500 Naira, heat source N600 Naira, Bowl, Ceiling Machine N2,000 and logistics. If you are skilled in managing social media pages, you can start up your own social media managing business, present an irresistible portfolio to small or large companies and help them reach their target audience and get paid a monthly fee. I and my colleague have been giving feedback based on our little knowledge on starting a new business in Nigeria. First, you put your destiny in your own hands. 17. The agricultural sector is another sector that you’re to watch and probably try to … As a result, the number of people seeking business you can start in Nigeria with less than 50K Business Opportunities You Can Start in Nigeria - SME360 Research shows that periods of financial and economic crises are the best for starting businesses. All you need are your painting materials and you are on your way. you can be assured of a huge turn out on a daily basis provided the location is good. We’ve clear fully selected the businesses that will better produce the return on investment. Catering Business. That’s not the case when you own your own business, since you get to make the decisions about who to hire (and fire). Top 30 Offline Businesses You Can Start with 100K in Nigeria. 10) Recharge card vendor: selling recharge card in Nigeria is common because there is availability of existing and prospective customers every where.You need only about 25 000 naira to start this business, all you need is get an umbrella, two plastic chairs and a table, recharge card from retailers (like15000 worth for starters) and voila! For this business, you need to get 100 day old chickens (costing like 200 naira each) for approximately 20,00 naira. With 50K to 80K, you can start snail farming in your locality. According to my research I find out that a dozen of those in lagos cost 6k. If you are ready for this business you can partner in shop with anybody that sell phones, or even if you are in lagos and close to computer village you can take your take to any free space and arrange your phone accessories, there are millions of people going to computer village every days. People living in urban areas like Lagos love both sharwama and barbecue and buy the day in day out. Here are the business ideas you can start with 10K, 20K, 40K, 50K, 100K, 200k, 500k, 800k or 1million Naira; Beer parlour/Beer bar business; Beer Parlour business requires less capital startup. This business works even better in cities. In other words, owning a business saves them from having to work for anyone else. As you can see, it is easy to find a business to start with 100k in Nigeria. There are few things that get entrepreneurs as excited as when they get to interact with their customers. Then you need to build a nice wooden big cage which will cost about 15,000 naira. How To Apply For Uppsala University Scholarship 2021. Cost of feed: Snails mainly feeds on green leaves and fruits like Cocoyam leaves, pawpaw leaves, cabbage and lettuce leaves, Mango, pawpaw, banana, tomatoes, and cucumber. You can make money from the sales of cheap phones. : Reasons you …, How To Build A Successful Online Business. Listed below are profitable small businesses you can start with 50 - 200k that are thriving in Nigeria today. Ekop further gave a financial breakdown on how to be a perfumer with N50,000 as seen below. You could also hold makeup classes and charge them for the entire duration. If you do not have a refrigerator, you can start up using just coolers and ice block to cool your drinks. Business You Can Start With 50k. Oil and Gas Business Nigeria is blessed with huge deposits of oil which presents some of the finest business opportunities for Nigerians. 1. This will give us 1 million a month. Mini Importation Business. Many have talked about internet marketing and many have been successful. Listed below are profitable small businesses you can start with 50 - 200k that are thriving in Nigeria today. Most importantly, you need to be around always or employ a trustworthy person. Now you know the answer to your question “What business can you start with 100k in Nigeria”. People are crazy about football in Nigeria and it means its a viable place to invest in. you got yourself a business!!! It is common for people to ask me for business ideas they can start with 100k or less because I work in an entrepreneurship support organisation. There are so many good sides to starting a business in Nigeria. 2. Grocery store All you need is a printer, photocopier and the money will start coming in. Because everybody wants to be nourished and look fresh, Nigerians drink fruit … We have carefully research and analysis in terms of market survey because the current situation of the country has prompt many Nigerians to dive into owning one or two businesses. Most millionaires started small before becoming big names. How To Apply For University Of Ottawa Scholarship, Canada 2021. On interview with a Nigeria importer, he stated that importation business is lucrative and every Nigerian who know how to go about it is sure of bee a millionaire in nearest future. You may decide to be a merchant of agricultural products such as buying and selling of eggs, cocoa beans, cashew nuts, honey… With erratic power supply in the country, there is no doubt that production of candlestick is still a money-spinner. You must have bought charger or ear pies before, this is to say people are buying it always due improper making of chargers this days, people run into one problem or the other with their chargers, and required them to get new, because they can’t throw their phone away. If you don’t like your co-workers you’d better start sending our resumes. If you have a modicum of economic intelligence, you can take any of our ideas and start your own small business tomorrow. 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