You have been feeling lost, desperate and eager to start up a business but can’t really settle for one? Here are some really good business ideas you can ponder on. some you may need lots of cash for it, some you may need little, you may need to get trained for some and some you can start up with little or no cash. pick wisely to whichever suit your need and that which you can handle.
- Raw Food Stuff Business: This is one profitable business that can bring in good returns on investment in Nigeria. Food and food stuff are quite profitable and very fast because man must eat and Nigerians love to eat more homemade foods than the fast foods. Things like rice, beans, garri, amongst other things are what would be sold.
- Daycare Business: Day care centers make good money if you are trust worthy, healthy, clean environment and baby friendly. The services they render is second to none and is indispensable. If you have a penchant for babies and kids, then you can consider starting a day care center.
- Dry Cleaning Business: This is one of the fastest growing businesses in Nigeria. A lot of people have done really well in this business and still are doing well. There are a lot of people who are too overwhelmed by work that they may not have the time to wash their clothes. Therefore, you may want to look into starting a cry cleaning business.
- Restaurant Business: In Nigeria, the restaurant business have always been on the rise. You cook well, have good recipe and taste bud, clean and have a thing for service then you can start a restaurant business. You will be required to do a lot in the area of cooking very great meals.
- Car Rental Business: Cars all over the world isn’t a luxury but a necessity. There are times however when some people may be in need of car services. This is where a car rental business comes to fore. Be sure you understudy an expert who can make you learn all the ropes within time.
- Bakery Business: People all over the world love to eat baked things. You will need to go to a school that offers baking services if need be. You will need tools, skills, special design skills, decorations if you want to stand out and other things too to get started.
- Hamper Business: In Nigeria, there are seasons when the hamper trade is really an all-time high. If you know you have the knack for gifts, then you can look into starting a hamper business. You will need to decide if you want to deal in already assembled hampers, or if you want to be the one assembling it.
- Graphics Design Business: If you are art inclined and are looking for an arts related business to start, then you can look into the graphics design business. One of the good things about this business is that you can acquire the skills that is involved from the scratch and then expand on what you have learnt with your creativity and practice you’re good to go.
- Phone Repair Business: There is hardly any adult who doesn’t have a phone in Nigeria. This only goes to show that the phone business and other businesses surrounding it is really a worthwhile one. You can garner the phone repair skills so that you can delve into the huge market that is in existence.
- Wine Bar Business: From clubs, to restaurants and even in homes, wine is usually consumed. If you know that you are a wine connoisseur, or are in love with wine, then you can look into starting a wine bar business? You have to make sure that the location you choose for this business is a good and promising one, know your business and customer and also know how to satisfy your customers with not just wine.
- Transport Business: The population in Nigeria is huge and a lot of people are looking for a good living. People move from one spot to another to make ends meet. You can be the problem solver by starting a transport business. Before you start, you will need to determine if you want an interstate service or an intrastate shuttle.
- Digital Marketing: 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.
- Sale of bottled drink or bottled water: selling of bottle drinks and water is a lucrative business, because it every day consumption product, if you are in a very populated state or cities like Lagos then you can consider this business. You can start this 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.
- Cakes, Cupcake and Confectionery: This is one business that always comes to play, people celebrate, and bakers are always consulted. Get the required skill, a decent oven and good customer service. You’ll grow! They are open to training too.
- Popcorn Production Business: People buy snacks ever now and then, and popcorn is one of the most selling snacks, because people eat it in their home, along the road, in their shops, vehicle and even in the cinema’s. Staring popcorn business doesn’t required a shop to get started, in most cases it only required an exposed environment. Popcorn business has no gender discrimination and if you get the right tools for popcorn, the business is totally stress free, also you can be making good amount of money daily if you are in a busy location.
- Aso-Oke Beading and Stoning has become sometimes in vogue now, and this is another sweet business one can start with 100k. You just have to learn how to bead and unlock your creative mind
- Bead Making and Wireworks Making: I’m not sure there’s really much to say here. All you need is training, passion, creativity, unique designs and styles, then adequate marketing. You absolutely don’t need 100k to start this. Women love to adorn themselves with exquisite jewelry, and interestingly enough more and more Nigerian men are starting to accessories with beads. Many Nigerian women and men are stepping into this industry, making cultural and fashionable jewelry with beads, which is selling locally, nationally and internationally.
- Phone Accessories Business: Phone accessories are phone stuffs like phone chargers, ear pieces, usb memory card etc. people have issues with their phone accessories every day mostly chargers. This business is very lucrative if you are in a busy location. Starting this business is not costly, you can start this business with 20,000 naira.
- Home Service Barber: 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 equipment’s and I’m sure you know we have rechargeable clippers.
- Tutorial Classes: No matter your age, this is another well-paying job, either as part-time or full-time. Many families are willing to spend what it takes for their children’s success and there’s one subject you’re well versed at. Just close the gap, meet their need for a fee. Education is a fundamental right, Don’t limit your options to academic tutoring. Turn your hard and soft skills in to a lesson. For example can you play a musical instrument? Can you draw or design jewelry? Are you a food lover or cook? Are you highly skilled at a specific sport? Website design? Maybe you have a passion for creative writing, dancing or even farming?
- Production of Zobo, Smoothies, cocktail, small chops, cupcakes and chin chin: You’d realize the importance of this combo can’t be ruled out. You can render these services with 100k startup capital + proper marketing, branding and packaging.
- Second Hand Products: Who doesn’t like spending less for something really superior in quality? Nigerians can readily pay anything for second-hand products if they are fit for use. For this business you need to understand what people want to buy, and build connections with suppliers who can provide you with the goods. Start small, focus on quality, charge reasonable prices and build your customer base. The key is to keep your customers happy.
- Plantain Chips Making: This is a thriving sector to enter into if you wish to make a fast buck. Nigerians are dedicated consumers of plantain chips and they love to snack on them. A little planning and hard work can materialize your winning dreams.
- Event and Party Planning: If you are organized, great with budgets, thrifty, love socialising and have a knack for interior designing, this is certainly your fix. A few training sessions and simple equipment can make you sit on the top of the business. People have started this type of business by organizing great parties for friends and family and then the word spreads
- Small Chops Food Business: Starting a small chops food business is a lucrative business idea in Nigeria. Nigerians desire for light meals like small chops has greatly increased in the past years. Aside from big events like weddings, funeral and birthday parties, small chops are also the preferred choice when gathering friends for a get-together, boat cruise and a time on the beach. The great thing about small chops is that even though there are a lot of people offering this service, there certainly won’t be a shortage of demand. The key to being a successful small chops business owner is creativity and packaging.
- Tailoring Business: The art of tailoring have been in existence from time immemorial. This means that it didn’t just start recently. If you have an eye for fashion, then you can begin to work on delving into the tailoring industry. One of the good things about this trade is the fact that you will beautify people for a fee.
- Tomato Farming Business: Starting a tomato farming business is a rewarding business that is not too expensive to start up. However, before you start your tomatoes business, find out what kind of tomatoes people usually want. This information can be gotten from those who supply seeds, as they will be able to tell you what is popular and what isn’t. Also, they will let you know the varieties that sell well; however, you will also need to ensure that the seeds you finally pick will grow well in your climate. If you think that the idea of starting a commercial farming business goes down well with you, then you can start an agric related business. One of the things that you should have at the back of your mind when you want to start this business is the fact that you have to first of all come up with the crops that move pretty well in the market.
- Fish farming Business: Delving into the fish farming business means that you must have knowledge about the business. Why is this important you just might ask? This is especially important because you do not want to come across as a dullard who is in business. You can start out by carrying out a thorough research on the internet.
- Organic farming Business: A lot of people because of health reason are opting for only organic products. These products take time to mature unlike the hybrid counterpart. If you have a penchant for healthy living, you may then consider starting an organic farm business.
- Courier Service Business: There is a lot to be tapped from when you start a courier service business. What is more, there is a lot of profit in this business. If you think this is a type of business that you want to start, then you must first and foremost get all your facts together. After you have done that, then be sure to write a business plan to guide you as you start out
- Fabric Business: The fabric business is a very wide one in Nigeria as there are loads and loads of variety of fabrics. Before you begin to look at starting operation, you have to be sure that someone who is already doing well in the business is able to mentor you. Mentoring is important so that you can start out well.
- Gaming Business: There are a lot of people who love games. This should be one of the things that should drive you. Starting a gaming business requires that you first lean the ropes from those who have gone before you. After you have done that, then you can begin to look at how to set your own business up.
- Mini Importation Business: There are so many items out there to import that will interest Nigerians. Importation business can be started with 20000 to 50000 naira and be sure of making 150000 Naira monthly, if importing the right products. You can start importation business while you are in Nigeria, go to Alibaba.com and search for a cheap item of $2 – $3 and import 10 pies of it, meet with retailers to supply them in wholesale price when they arrived, or sell them online.
- Shawarma/Barbecue Business: This is another business you can start with small amount and be making some cool cash from daily, shawarma is consumable daily. Some people like eating barbecue or shawarma while drinking in bear parlor and also like buying for their family. The right place for this business is a front of bear parlor, or club.
You can start shawarma or barbecue business with as low as 20k. - Bedsheet/Beddings Production: 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 100k and diligently grow your money.
- Sales of men’s underwear: The cost of production of boxers, you can get one for as low as N300, 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 1500-2500 sell yours for 1200 gradually grow.
- E-Payments and POS Business: 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.