Written by Victoria Yoosuff
There are many businesses today that you can start with 100k for Less in Nigeria.
Here are a few that won't require much experience. With Determination and hard work you will surely make it.
1. Bedsheet/Beddings Production.
This is one business that is very lucrative. You could either buy and resell or you go to the Market yourself. Pick good designs of bed sheets.Get a tailor to see it for you. Package it well and marketing and sales begins.
2.Ready to Wear:
A sweet side hustle. Relax you don't need to see the clothes yourself. There are tailors in Abuja, Kano, Lagos will be more than happy to have clothes to sew. If you are a fashionista get some fabrics get a tailor or two to design ready to wear. Package it well and off you go. Marketing to working class ladies who are to busy to go through the hoodies of getting a good tailor.
3. E-Payments and POS Business:
Right now this is the fastest growing 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. I paid someone N200 to withdraw 10k. I use POS most of the time just so I can avoid the queue at the ATM and banks.
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4. Fairly Used Goods/ Second Hand Items
Fairly used goods such as Jeans, Tops, t-shirts, shoes etc. They can be sourced at Badagry, even Cotonou. With 100k you can pick or settle 1st Grade and resell and in no time you will have enough money to start buying bale of second hand clothes. You can even go a step further, aash then and pack neatly. Marketing is all it takes, you’ll sell and see your money multiply.
5. Cooking:
You can cook a variety of meals well and apply customer service, People will pay good money for your services, You can run this from home.
6. Cakes and Confectionery:
This is one business that always comes to play, people celebrate, and bakers are always consulted. I started my baking with less than 50k, and with time I purchased other things bit by bit.
7. Aso-Oke Beading and Stoning and Auto Gele :
Embellished Aso-Oke Beading and Stoning has become 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. Also Auto Gele has become even more fashionable.
8. Bead Making:
Bead making requires training, passion, creativity, unique designs and styles, then adequate marketing. Thank God for Social Media. Advertising has become so easy. You absolutely don’t need 100k to start this.
9. 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 is very minimal, a clipper and a pair of scissors.
10. 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.
11. Cyber Cafe:
There has been 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? You need a good system, printer & ISP. People pay as much as 1k per application.
12. Online Classes
With the vast improvement in technology and social media, you can start hosting classes online. You could use WhatsApp groups. All you need is Data, good phone and information. You can teach people on a closed group on anything of your choice.
13. Production Of Drinks and Small Chops:
Smoothies,Zobo, Kunu, cocktail, small chops, cupcakes and chinchin! These are constantly in high demand all over the country and even abroad. With marketing branding and packaging you are sure to make it big.
15. Popcorn:
Popcorn is what we buy every time. Bags of corn, Nylon Sugar, Salt & Butter. The beauty of this is when properly made, its aroma will attract its customers. Popcorn can be served anywhere. It costs less than N50 to make a pack of popcorn.
15. Re-Invest Your seed Capital in an existing business.
Not everyone has the head for business but they can sniff opportunities. You can always sow your money as operating capital and draft an agreement on profit sharing. You can at least support your investment by bringing customers so the business can thrive. Market it on all your social media pages and who knows. Famzhi Investment is an opportunity you don't wanna miss.
I would love to hear from you if this was helpful in anyway. Kindly leave a comment below.
Thanks.
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