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What businesses can you launch in Nigeria with a little startup capital?

What business ideas are available for Nigerian people, who have a little startup capital? What are the advantages of the organization of holidays? Read the information below to learn the best ways to start your own business in Nigeria.

Business to start in Nigeria with little capital

Business to start in Nigeria with little capital

Many people dream to leave the office and to open their own small businesses to start in Nigeria. But only the small percent of everyone really tries to obtain success. What disturbs other people? In most cases, it is a fear and popular beliefs, one of which is that a raising startup capital for the own business is estimated only in large sums. While the business with the minimum initial capital is quite possible, and the profit amount does not always depend on investments.

There is a set of business ideas to start in Nigeria even with the small start capital, which can be chosen from the ready ideas or to develop independently. The ideas for the mini-entity can be the most unusual. Everything is limited only to the imagination of the entrepreneur. If to consider all possible options, it is best to allocate some of the most popular directions.

Best businesses to start in Nigeria

  • Sale of handmade goods. It can be souvenirs, knitted things, handmade soap, costume jewelry, pictures, etc. These are the goods made with your hands, and which need to be realized. In this case, the main costs fall on a purchase of materials for creativity and on advertising, if any.
  • Saloon business at home. It is suitable for hairdressers, makeup artists, and also the nail technicians who decided to leave the salon and to begin to work independently. As the most part of the stock is provided by the organization, initial costs also will consist in a purchase of everything necessary. It is better to begin such business by people who already worked in the industry of beauty and managed to get their own client base.

Best businesses to start in Nigeria

READ ALSO: How to start rice business in Nigeria?

  • Sewing production at home is a business with the small start capital too. The main costs are a purchase of the sewing machine. Though the fitment and fabrics in most cases are also purchased at the expense of customers, it is good if the entrepreneur has at least several samples.
  • Organization of holidays. Usually, similar business is opened by the animators capable of organizing the program of an action from beginning to the end competently and to invite musicians and animators. It isn't obligatory to employ people for permanent jobs, with whom it is necessary to work in a tandem. It is possible to begin mutually beneficial cooperation with the similar firm. Only a price for stock for entertainment programs, and sometimes lease of office, if any, are included in the price of initial investments.
  • The decoration of holidays. This option suits those who have excellent taste and design skills. Today decoration of celebrations with balloons, fresh and artificial flowers and so on, is demanded.
  • Organization of tours, campaigns and pilgrim trips. In such business, it is important to come into contracts with transportation companies and hotels. The money will be required on advertising and lease of small office. It is possible to save considerably if in certain cases to act as a guide too.
  • Business in service trade. It can be cleaning works, small mastering services, or service, popular among lonely women – the husband for an hour. The main costs are the purchase of the minimum tools, and in certain cases, tenancy.

Thus, it is possible to draw a conclusion that it is always possible to become the owner of the own business even with the minimum investments. You shouldn't forget that nothing is given at once. Everything begins with the small. Therefore, even small and not too profitable business can become the brand known all over the country.

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Newbie
3 comments

I recommend reading this post on lucrative business ideas in Nigeria. Hope it helps.

https://invoice.ng/blog/lucrative-business-ideas-you-can-start-in-nigeria-with-almost-no-capital-2017/

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Student
Answered 1 week ago.

WARNING ! WARNING !! WARNING !!! FOR DOES WHO IS SEEKING TO JOINED THE BROTHERHOOD OF ILLUMINATI. WARNING!!! PLEASE DON'T SEND MONEY TO ANY ILLUMINATI AGENT PLEASE EITHER FOR REGISLATION, INITIATION ITEMS OR MEMBERSHIP CERTIFICATE PLEASE DON'T SEND. BECAUSE FRAUDS AND SCAMS PEOPLE ARE EDITING IT. IF YOU WISH TO BECOME A MEMBER OF THE GREAT ILLUMINATI BROTHERHOOD WHERE MONEY , POWER , FAME AND WEALTH BECOMES YOUR DAILY FOOD. E-MAIL US ON Adewoleolu148@gmail. com OR CALL ON 07031589445 OR WHATASPP WITH SAME NUMBER. LONG LIVED THE BROTHERHOOD, ALL HAIL BATPHOMET. 18+ ONLY

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Thinker
Answered 2 months ago.

WARNING ! WARNING !! WARNING !!! FOR DOES WHO IS SEEKING TO JOINED THE BROTHERHOOD OF ILLUMINATI. WARNING!!! PLEASE DON'T SEND MONEY TO ANY ILLUMINATI AGENT PLEASE EITHER FOR REGISLATION, INITIATION ITEMS OR MEMBERSHIP CERTIFICATE PLEASE DON'T SEND. BECAUSE FRAUDS AND SCAMS PEOPLE ARE EDITING IT. IF YOU WISH TO BECOME A MEMBER OF THE GREAT ILLUMINATI BROTHERHOOD WHERE MONEY , POWER , FAME AND WEALTH BECOMES YOUR DAILY FOOD. E-MAIL US ON Adewoleolu148@gmail. com OR CALL ON 07031589445 OR WHATASPP WITH SAME NUMBER. LONG LIVED THE BROTHERHOOD, ALL HAIL BATPHOMET. 18+ ONLY

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Thinker
Answered 2 months ago.
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