How about starting a small business in Nigeria in ? Fast money making business in lagos to research, the times of economic crisis and financial meltdown are the best periods to start a business. You know you want to start something for. The cost of starting a business in this era of the internet and social media technology has greatly reduced. In this post, here are few validated business ideas you can start with almost no capital. There are many different reasons why people choose to drive with Uber. Some do it for the freedom to drive when and where they like. An average Uber driver earns within 80, —Naira a week. Driving for Uber is one of laagos most lucrative business ideas in Nigeria right. It does not only give you the opportunity to work when you want including nights or weekends but also give you the ability to earn some extra cash while doing so. While some drivers are doing this full-time, some mqking do it at nights after day job and on weekends.
There are businesses you ma,ing start with as little as N20, 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. So, if you’ve always thought of having a small scale business, money and idea shouldn’t be your problem. Just check your bank account, if you find N20k you’re not going to use anytime soon, you can start a profitable business that’ll give you a genuine financial freedom. Here we go. Pay a visit to Lagos Fastt, or Oshodi where they sell bulk materials, pick good designs and I tell you they guys who will sew it for you are just within the same Market. You can start will less that k and diligently grow your money. A sweet side hustle. There are tailors in Lagos Island or better learn the omney it will save you all the heartbreaks imaginable. Taiwo Street in Lagos Island is where you should be. Schedule a trip to Aba Market, The cost of production of boxers, you can get one for as low as N, all you need is to package it in 3s, and market these babies properly beg your friend on twitter for RTs, we buy 3s pack boxers for sell yours for gradually grow.
50 Best Small Business ideas & Opportunities in Lagos for 2020
You can a get POS machine from your Bank, and activate online banking: If you live in a place where banks aren’t much you can handle e-payments for people and make your lagow change. I paid someone N to withdraw businrss in Ikorodu. ATM queue was crazy. The more you buy the lower the price. And they are light so shipping won’t be a burden. Sell on here or jumia and co. We all know this guy! We maklng everytime. The beauty of this is when properly made, its aroma will attract it’s customers. Popcorn Machine is 65k on Jumia.
2. Social Media / Influencer Marketing
Some of them require a little capital to set-up, while others are not cost-effective, all the same, they are profitable. Since no one can do without drinking water, you can be sure your business will do pretty well if it is well taken care of. Everyone enjoys wearing clean clothes, but not everyone enjoys the process of making those clothes clean, and this is where you come in. Laundry business is a small-scale business that can be established at the back of your house and requires small capital to establish. With more Nigerians getting busier and some lazier by the day, this business can fetch a lot of money in a short while. You can also set it up in a big way to gain rich customers who dry-clean expensive clothes and pay more. Because everybody wants to be nourished and look fresh, Nigerians drink fruit juice more than any other people in the world. The country is blessed with various fruits; mangoes, oranges, pineapples, and banana, especially in states like Benue.
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According to informationhood research, this businesses are the profitable business one can venture into with the above mentioned amount and expect good income from. Most of the millionaires in Nigeria all started wirh small amount of money and today they are the big names all over africa. You too can start something now, remember they said a journey of a thousand miles began from a step. Many people question is that what business can one start with this range amount?
1. Uberpreneur – Driving for Uber
Not every entrepreneur starts with a specific business idea in mind. And with so many small business ideas in Nigeria today, it becomes even more complex, right? It may seem like its good business ideas or best small ideas, but they are not. The most successful small business ideas in Nigeria come from people who work for someone and they believe they can do better. Some other businesses can start as employees or trainees, and then gradually build skills and experience before hitting a business opportunity in Nigeria. With the right thought and determination, they can fulfill their own small business to make their dreams come true. I have compiled a list of hot online businesses in Nigeria selling like wildfire, I also stated the requirements to get started and exactly how to start. Read: Hot online businesses in Nigeria.
50 Best Small Business ideas & Opportunities in Lagos for 2020
There are businesses you can start with as little as N20, 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.
So, if you’ve always thought of having a small scale business, money and idea shouldn’t be your problem. Just check your bank account, if you find N20k you’re not going to use anytime soon, you can start a profitable business that’ll give you a genuine financial freedom. Here we go. Pay a visit to Lagos Island, or Oshodi where they sell bulk materials, pick good designs and I tell you they guys who will sew it for you are just within the same Market.
You can start will less that k and diligently grow your money. A sweet side hustle. There are tailors in Lagos Island or better learn the skill it will save you all the heartbreaks imaginable. Taiwo Street in Lagos Island is where you should be.
Schedule a trip to Aba Market, The cost of production of boxers, you can get one for as low as N, all you need is to package it in 3s, and market these babies properly beg your friend on twitter for RTs, we buy 3s pack boxers for sell yours for gradually grow.
You can a get POS machine from your Bank, and activate online banking: If you live in a place where banks aren’t much you can handle e-payments for people and make your small change. I paid someone N to withdraw 10k in Ikorodu.
ATM queue was crazy. The more you buy the lower the price. And they are light so shipping won’t be a burden. Sell on here or jumia and co. We all know this guy! We buy everytime. The beauty of this is when properly made, its aroma will attract it’s customers. Popcorn Machine is 65k on Jumia. Popcorn can be served. Football team supporters always want to show how much they’re rooting for a team.
She’ll show you how well you survived the business. She’s cheerful enough to train you. Snail farming in Nigeria is even more popular, due to its relatively cheap cost of start up and If you market your products well, your business will thrive.
This is a business you can start from your backyard. Best in mind, snails take almost a year to mature so Patience is Key! Fairly Used Goods such as Jeans, Tops, t-shirts, shoes. They could be sourced at Badagry, even Cotonou. Wash then and pack neatly. Marketing is all it takes, you’ll Sell and see your money multiply. Some people find it hard to clean their apartments cos they’re busy from Monday to Friday and Saturday the have engagement and on Sunday all they wanna do is rest. Your tools won’t cost you up to 30k and you can clean 6 apartments a weekend.
The success of any business is in its ability to effectively reach its teeming customers and this is achieved by effective marketing: Get a Used Laptop and Smartphone, temporarily your smartphone can double as your hotspot Persistence and Passion is Key.
This is one business that always comes to play, people celebrate, and bakers are always consulted. Ask my Boss here mycreamydelight Get the required skill, a decent oven, passion and customer service!
You’ll grow! They are open to training. Aso-Oke Beading and Stoning has become sometimes in vogue now, and this is another sweet business one can start with k. You just have to learn how to bead and unlock your creative mind.
Ask my padi wuragold2 The Also Oke Girl. She stated from the confines of her home in IB. I’m not sure there’s really much to say. All you need is training, passion, creativity, unique designs and styles, then adequate marketing. You absolutely don’t need k to start. This is another profitable small scale business. The beautiful thing about this is you bring your services to your clients for an extra token above regular. The starting capital to get the equipments and I’m sure you know we have rechargeable clippers.
No matter your age, this is another well paying job, either as part-time or full-time. Just close the gap, meet their need for a fee. Forget the extensive coverage of internet and the fact that people can assess it on their phones, Do you know how much applicants pay just to have Jamb applications filled online? People pay as much as 1k per application. Production Of Zobo, Smoothies, cocktail, small chops, cupcakes and chinchin! You’d realise the importance of this combo cant be ruled. Do you know people pay good money for these thing made of paper and strawboard.
This is one business you can start with less than k. My friend CraftsVillageNG started from his bedroom! And his cards went far. By clicking again you agree to our Privacy Policy and European users agree to data transfer policy. Lagos based Realtor and Entrepreneur, Olanrewaju Salu shares 20 businesses you can do with just 20k in Nigeria. Lack of money is usually the excuse many people give for not starting a business, but lack of idea is a worse problem youve got to think.
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How To Make Money In Nigeria-Invest #15k And Make #500K In Less Than 3 Months
Are you interested in starting a business in Lagos Nigeria? Then below are the top 20 small business investment opportunities in Lagos state. Lagos is one of the largest cities in Africa and with a growing population of about twenty million people; Lagos remains one of the best places to set up a business not just in Nigeria but in Africa. A lot of people travel to Lagos from around the world daily for various reasons and the largest amongst visitors to Lagos are people who come from all around Nigeria and even Africa for commercial reasons.
16 Businesses To Start In Nigeria With N50,000 Or Less — Business — Nairaland
People flood Lagos markets daily looking for one item or the other to purchase. In fact, there is a popular creed that goes:. If you critically analyze the statement above, you will understand that there is an atom of truth in it. Lagos is business hub, the commercial nerve centre of Nigeria. It has a large market that can absorb any product or services you have to offer. As a smart investor, you can take advantage of the growing population in Lagos and make money for yourself by meeting certain needs of its residents. Some of the hot businesses you can do in Lagos include More than half of the population of Lagos is made up of working class people and with the traffic situation in Lagos; residents barely have time for themselves. I am talking from a personal experience .
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