Over the years i use to ask myself what are the Most Profitable Business to Start in Nigeria with Little Money? now i can tell you that those questions are over, and i thought is wise i share with you the list of small businesses you can do in Nigeria.
In the beginning stages of any business in Nigeria, it only takes courage and persistence to create money. This belief that you first need money to make money makes you a victim and gives you no way out of the Profitable Business i shall list for you later.
There are many Profitable Business to Start in Nigeria with Little no money required from you, but people shies away from them, which i believe that you will start where others ended, and the sky shall be your starting point.
We all know truly that Starting and running any lucrative business in Nigeria requires a lot of things which includes determination, perseverance and focusing on any of the business you starts. Most often in Nigeria, people always say I need so much money before I can start a business.which i know u must have heard them say.
What you actually need to start a business is an idea or experience. This idea or experience will make you to start doing what adds value to the people and they will exchange that value that you are giving out with their money.
Here are List of the Most Profitable Business to Start in Nigeria with Little Money
- Cake Making
Cake making does not require much capital, the quantities of ingredients listed below are what you can use to bake a cake of 10 inch diameter and 2.5 inch deep cake pan. When done, the cake had a diameter of 10 inches (of course) and a height of 2.5 inches with a slight dome. and this ingredients will only cost you very little money,
The ingredients are as follows.
- 500g/1.1 lbs. Plain Flour
- 12 Medium Eggs.
- 500g/1.1 lbs. Butter (NOT Margarine)
- 400g/0.88 lbs. Granulated Sugar
- 3 teaspoons of Baking Powder
- 3 tablespoons of Vanilla Extract
- Half cup of Brandy
We all knows that every day people celebrates their birthday and wedding, and if you are good at baking good cakes.they will always refer their friend to your shop. it is very easy and requires little money to start up.
2.Wedding Planner and Decoration
Wedding Planner and Decoration is very easy to start and run as it requires very little capital and when you get the materials needed at the starting period it will serve for a very long time before you could think of its replacement.
All you need to do is just get a space as office and buy or rent some of the beautiful decorations. Learn how to decorate and you start off. Have a very good detailed knowledge on how to plan a successful wedding and one goods turn deserves another. It is very lucrative business.
The benefit here is that there are still other Profitable Business to Start in Nigeria with Little Money and manage it properly together with your Wedding Planner and Decoration in the same rooms for expansion. Your business will grow and you an easily get loans from the bank to expand more and more.
Many people who started their business never start with much money as being speculated today, It only requires determination. Rome wasn’t built in a day. Take action every day, one thing at a time, and your efforts will soon pay off.
3. Manufacturing of little Products
People often think that for you to start manufacturing anything that you have to have much money. I have a friend who started manufacturing paint with less than 500,000 Naira and today he has advanced.
Manufacturing in Nigeria needs determination and understanding your target market. It is a very lucrative business. Below are some things you can start manufacturing with little money in Nigeria:
- Bar Soap.
- Paving Stone
- Raising of Palm seedlings
Most of the small machines you need to start are being sold for less than 1,000 dollars (#16o,000) and anyone can acquire it and rent a little space of store. When you start recording success then you expand.
Do you know that Every day, billions of Naira is spent by Nigerians every where recharging their phones at various locations? With the advancement in technology, any person that wants to be involved in this business can now easily start printing recharge card vouchers from any part of Nigeria.
This business does not need any special training or much capital to start as we states in the steps you need to start to learn how to start Recharge Card Printing Business in nigeria click.
5. Snail Farming Business
This business of Snail Farming Business Snail farming is very easy to start and you don’t need up to 100,000 Naira to start this business. Have you ever ordered for snails in the restaurants to see that it is very expensive and yet very easy to start.
You can get some snails for free at the bushes and one snail lays about 300-500 eggs once. They mainly eat grasses such as spinach, or banana leaves…It is very easy to start and require little or even no money.
Before going ahead to tell you how to start blogging lets look at what blogging is. A blog is a frequently updated online personal journal or diary. It is a place to express yourself to the world get the world informed about latest happening.
So the process of doing that is called blogging, with your blog you can advertise product for companies and earn your money from that.
Blogging is one of the most Profitable Business to Start in Nigeria with Little Money, the most interesting thing is that blogging practically requires little money to start.
From blogging you can make a hug money and also stand the chance of becoming a celebrity, as a young Nigerian you don’t need to wait for the Government to offer to you job before you can start something.
So many of our Nigeria young students are training their-selves in the university and also have some land property and houses of their own just through Blogging.
Now here are the few Successful Bloggers in Nigeria and their site.
1 www.lindaikeji.blogspot.com Linda Ikeji. Lagos
2. www.onlinedailys.com Nwabuzor Chukwuemeka. Ebonyi State University
3. jambresultorgng.com Tommy Ebonyi State University
4. www.martinslibrary.blogspot.com Martins Ebonyi state university
5. www.naijaloaded.com Lagos
6. www.nairaland.com Lagos
7. www.dailiesroom.com Ebonyi State.
Their lots of others who have made it through blogging, and some started without computer, never a computer guru. But today they are very rich, you too can do it, no mater your educational background.
This requires little money to start, just find your niche, register a website and host it which won’t take you much money and install word press on it. Start blogging immediately.
It is very lucrative if you have good content, many visitors and good SEO. You can as well start with no money as all you need to do is to have a Gmail account and log in on blogger then create your blog for free.
8. Web Designing
Web Designing: it is relatively very easy to start designing a website if you have knowledge about it. You can make so much money doing so and starting and running the business requires little or no capital as all you need is the knowledge and it is one of the Most Profitable Business to Start in Nigeria with Little Money. You need to learn how to host a website too.
9. Real Estate Agent
little money is required because all you have to do is to go to places and know lands, houses, offices, That is being out for rent or for sale. Advertise to potential buyers and direct them to the sellers. You will get your percentage at any sale, this is really lucrative.
10. Fresh Juice Production
You can start Juice Production at home as all you need is to buy some juice extraction electronics which is very cheap. You can start this one with something like 50,000 Naira or less, and you will be selling it to some restaurants and students.
11. Dry Cleaning
This is one of the Most Profitable Business to Start in Nigeria, which many people over looks. Easy to start and easy to maintain. All you need to start is a rented store, one washing machine, 2 pressing iron, water storage and other minor things with at least one or 2 workers.
Note: Know how to wash the cloths and iron it neatly and your customers will keep on coming and recommending you to others. The only limitation here is that it most have to be established in the city unlike snail farming.
12. Poultry Farming
Many have been neglecting this but i have to say that poultry farming is one of the business that can make your financial life to balance. it does not cause a lot you can start it as a student, a trader, a civil servant, a business man.
It does not stop you from going about your normal business activity all it require is a start up capital of about #20,000 depending on how big you want it, Let take for instance that you want to start with one cartoon of Broiler chicks all you need to do is follow the following process.
First before you will start up a poultry you have to consider where you will be rearing the chicks and that is getting cage or a house before will be thinking getting the chicks.
Secondly consider electricity because chicks usually feel of cold if there is no source of worm in where they are .
Thirdly as much as you can do this while you go about your daily activity you to devote time to it because chicks are so fragile that the can easily die of neglect.
When you must have consider the following proceed to Poultry Farming business with the following step.
First book the cartoons of chicks you but as a beginner it is better you start with one cartoon so that you can be able to handle it.
When the chicks arrive as a day old chicks at this stage all you have to do is to make sure that you protect from cold and other wild animal and that is by keeping light that can keep them worm.
On the point of purchase a drug will be giving to you which be adding to the chicks water while you be giving the a feed called starter feed.
After two to three weeks change the feed you give them to Grower and make sure that you keep the environment where they are clean and ensure that you give them clean water and feed regularly.
Then from one month two weeks to two months old change the feed you give them to grower and still make sure that you feed them properly and also maintain cleanness to avoid diseases.
After two months and two weeks to three months, your table size chick will be matured for sell and consumption depending how old you want it to be.
In summary i think you should start a poultry farming business today as a student, civil servant, business man to compliment your income.
13. Child care Service
Child care is another great lucrative business which you can run at home and make your money confortably, considering the fact that we Nigerians are really lazy or too busy in the work place, so the married women of these days looks for a good child care service centers to keep their children while going to work.
You can start with your own home which is almost free as anyone who brings their child will also provide the food or pay you separately for their food.