Let me make this straight, below are some business ideas you can venture
into that will help you make a profit within a short period of time.
Start small and grow big…
1. Mobile and Electronic Accessories:
Such as Pouches, Chargers, USB cables, HDMI cables, earphones, and more can be sourced from Alibaba, AliExpress, DealExtreme, etc. I once posted something related to that a few years ago here. The more you buy the lower the price. And they are lite so shipping won’t be a burden. You can sell it on Jumia, X.com or Instagram etc.
2. Mini cyber café
Cyber
café have gone out of fashion, true. But students still need to
register for JAMB, WAEC, NECO, post-UTME, etc. People who are not
digital savvy also need to register for several things online including
the very important national passport. This is where you come in. This
small business can be started right at the corner of your house.
3. Poultry Farming Business:
Having
a poultry farm where you rear chickens are one sure way to earn money
in your pockets. Birds are easy to rear because they mature quickly and
are always in demand. These birds are mostly sold during seasons like
Christmas, Easter, weddings, and parties for consumption making poultry
farming a lucrative business to delve into. You can also supply eggs
from your poultry. Eggs are used to make many products such as
confectioneries, cosmetics, soaps, hair conditioners, shampoo, glue, and
face masks amongst many others.
4. Fairly Used Clothes:
Such
as Jeans, Tops, t-shirts, shoes, etc. They could be sourced at Badagry,
even Cotonou. 100K can’t get you a bale but you can select and mix
them. Wash them and package them neatly. Good packaging will bring you
more customers… hence you’ll see your money multiply.
5. Eatery or Restaurant Business:
If
you can cook very well, then you can start an eatery/ restaurant
business. It requires capital to start and it is very profitable in the
long run. You should set up your restaurant at a populated location
especially near government and other firms.
6. Dry Cleaning Business:
This
is one of the sure businesses that you can earn money from. When doing
such business, you should target people like bankers, corporate
organizations, businessmen, e.t.c. These sets of people patronize dry
cleaners a lot because they can’t wash their clothes themselves due to
the nature of their jobs.
7. Viewing Center/ Betting Business:
Football
Viewing Centre Business is a lucrative business that needs a lot of
strategic Planning to start. Football is loved by almost everybody and
the profit is endless, Betting is addictive stay safe.
8. Snail Farming Business:
Snail
farming is more popular due to its relatively cheap cost of startup and
if you market your products well, your business will thrive. This is a
business you can start from your backyard, but you have to be patient as
it can take almost a year to mature.
9. Mini Importation Business:
This
is by far what most people engage in nowadays in Nigeria before the
coronavirus pandemic began. If you source through the internet, you
would find many e-books on how to import cheap goods from abroad and
sell them here in Nigeria. Items like wristwatches, female and male
wears, shoes, second-hand phones are examples of items you could import.
Add more ideas below.