Must Read: 10 Money Yielding Business That You Can Start With Less Capital In Nigeria
I have been receiving SMS, Emails and Calls from people asking me to help them suggest money yielding business that they can start with less capital. I suggested to many of them some of the less capital business that am about to unveil to you now. I received a phone call from one of them last week telling me how successful the business I suggested to him was and how he is currently making huge income from it.
Through this blog post, I will be listing some business that can help you make something out of the little you have. I am going to use valuable insight of the
research and my personal experience. So if you are looking for a business to start in Nigeria with the little income you have, you are at the right place
As we all know, the population of Nigeria have been increasing rapidly and they are known as one of the most populated country in Africa. Nigeria is a fast-growing economy with some of the world’s best known companies operating on its soil.
Nigeria is a land of great opportunities, especially for those who are willing to take the plunge. But despite the countries rapidly growing economy, employment opportunities are still limited for a native, which has pressed Nigerian’s to create employment opportunities of their own.
People have been thinking that for them to start a business, they must have huge amount of money but the good news I want you to hear is that, starting a money yielding business in Nigeria is not a difficult task if you are well equipped with the fundamental resource and knowledge.
Instead of carrying file around in the name of searching for job, pick one of the business that am going list below and keep yourself busy.
As you go through the list below, you will discover some of the suitable business that you can start with low capital in Nigeria.
1. Computer/Photocopy
Computer/Photocopy is a small but money yielding business that you can start with just low capital. Many people usually neglect this business and those that do it, not knowing that they earn a lot. If you want to start this kind of business, you have to consider the area and how people staying there are in need of it. All you need to start up this business is CPU, Keyboard, Monitor, Photocopy machine or better still Laptop. You can also choose to be doing only photocopy business.
So, it is advisable to start this computer/photocopy business around a student or business area.
2. Internet Business
Can you imagine a world without internet? I don't think it would have been a better one. Nigerians and Africans as a whole are going into a digital life. Almost everything can now be done online. Both assignments, research and projects
If you can provide internet connection at fair rate, make friends, make costumer with them, throw some occasional offer and advertise smartly, you will see yourself earning higher.
3. Recharge Card Vouchers Printing and Selling:
In Nigeria and Africa as a whole, there is an increase in demand of recharge card for both call and Data subscription. The use of mobile phone is increasing day by day. Starting up this business of printing and selling of recharge card will definitely yield unexpected money. All you need is to make customers and advertise your business around your area.
4. Website Designing:
Web designing is another money yielding business in Nigeria. Many offices, company and business organization are looking for people who can design their website for them.
All you need to start up this is for you to find someone that can teach/train you on web designing, when you are done with the training, you can start up immediately without looking or paying for shop.
5. Mobile phone repairs Business:
Starting up the business of mobile phone repair need small or no capital to start. You can learn it from your friends or meet someone in that business area to teach you.
6. Liquid soap production business:
I have seen many people going into this business and truly, they are really making huge money from it. For you to learn it, you can look around where they are organizing training or better still meet someone you know that is already in that business of liquid soap production.
When you start up your own, all you need to be doing is creating awareness and supplying it to those people that have shop around where you stay. Also subsidize the price and you will see how much you will be able to make within a month.
7. Perfume, and body ornamental production business
Like I said in the Liquid soap production, all you need to start up this business of perfume, and body ornamental production is to go for training. After learning it, just buy the required materials and start up your own immediately.
For better yielding, make customers and supply it to those people that have shop around your area.
8: Viewing Center
Opening a Viewing Center is in did another money yielding business that you can set up with little capital in Nigeria. Not everybody have money for subscription. Not everybody also like watching football in their home.
Men in the house will appreciate what am saying. Opening a viewing center where people can watch all this Premier League, Champions League and many more have been recorded as one of the money making business. All you need is to look for a better site. You can also decide to involve charging of mobile phones when they is power break.
9: Selling of phone accessories:
The rate at which the use of mobile phone is increasing have made this business so lucrative. People buy charger, earpiece, and other accessories everyday. You can start up this business with as low as any amount you have at hand.
10: Selling of fairly used cloths/shoes
We all know that is not everybody have the money to go to boutique to buy cloths or shoes. They are some fairly used cloths or shoes usually called "Okirika". People regard it as cheapest and it last long.
You can start up this business by buying it in low quantities. But you have to consider the type people mostly like.
Like i usually say, for you to increase your earning, you have to advertise, make customers and be friendly with people.
Finally, I believe you have seen what you are looking for. If you have any questions, advice or guideline, you are free to drop it in the comment or contact me
I have been receiving SMS, Emails and Calls from people asking me to help them suggest money yielding business that they can start with less capital. I suggested to many of them some of the less capital business that am about to unveil to you now. I received a phone call from one of them last week telling me how successful the business I suggested to him was and how he is currently making huge income from it.
Through this blog post, I will be listing some business that can help you make something out of the little you have. I am going to use valuable insight of the
research and my personal experience. So if you are looking for a business to start in Nigeria with the little income you have, you are at the right place
As we all know, the population of Nigeria have been increasing rapidly and they are known as one of the most populated country in Africa. Nigeria is a fast-growing economy with some of the world’s best known companies operating on its soil.
Nigeria is a land of great opportunities, especially for those who are willing to take the plunge. But despite the countries rapidly growing economy, employment opportunities are still limited for a native, which has pressed Nigerian’s to create employment opportunities of their own.
People have been thinking that for them to start a business, they must have huge amount of money but the good news I want you to hear is that, starting a money yielding business in Nigeria is not a difficult task if you are well equipped with the fundamental resource and knowledge.
Instead of carrying file around in the name of searching for job, pick one of the business that am going list below and keep yourself busy.
As you go through the list below, you will discover some of the suitable business that you can start with low capital in Nigeria.
1. Computer/Photocopy
Computer/Photocopy is a small but money yielding business that you can start with just low capital. Many people usually neglect this business and those that do it, not knowing that they earn a lot. If you want to start this kind of business, you have to consider the area and how people staying there are in need of it. All you need to start up this business is CPU, Keyboard, Monitor, Photocopy machine or better still Laptop. You can also choose to be doing only photocopy business.
So, it is advisable to start this computer/photocopy business around a student or business area.
2. Internet Business
Can you imagine a world without internet? I don't think it would have been a better one. Nigerians and Africans as a whole are going into a digital life. Almost everything can now be done online. Both assignments, research and projects
If you can provide internet connection at fair rate, make friends, make costumer with them, throw some occasional offer and advertise smartly, you will see yourself earning higher.
3. Recharge Card Vouchers Printing and Selling:
In Nigeria and Africa as a whole, there is an increase in demand of recharge card for both call and Data subscription. The use of mobile phone is increasing day by day. Starting up this business of printing and selling of recharge card will definitely yield unexpected money. All you need is to make customers and advertise your business around your area.
4. Website Designing:
Web designing is another money yielding business in Nigeria. Many offices, company and business organization are looking for people who can design their website for them.
All you need to start up this is for you to find someone that can teach/train you on web designing, when you are done with the training, you can start up immediately without looking or paying for shop.
5. Mobile phone repairs Business:
Starting up the business of mobile phone repair need small or no capital to start. You can learn it from your friends or meet someone in that business area to teach you.
6. Liquid soap production business:
I have seen many people going into this business and truly, they are really making huge money from it. For you to learn it, you can look around where they are organizing training or better still meet someone you know that is already in that business of liquid soap production.
When you start up your own, all you need to be doing is creating awareness and supplying it to those people that have shop around where you stay. Also subsidize the price and you will see how much you will be able to make within a month.
7. Perfume, and body ornamental production business
Like I said in the Liquid soap production, all you need to start up this business of perfume, and body ornamental production is to go for training. After learning it, just buy the required materials and start up your own immediately.
For better yielding, make customers and supply it to those people that have shop around your area.
8: Viewing Center
Opening a Viewing Center is in did another money yielding business that you can set up with little capital in Nigeria. Not everybody have money for subscription. Not everybody also like watching football in their home.
Men in the house will appreciate what am saying. Opening a viewing center where people can watch all this Premier League, Champions League and many more have been recorded as one of the money making business. All you need is to look for a better site. You can also decide to involve charging of mobile phones when they is power break.
9: Selling of phone accessories:
The rate at which the use of mobile phone is increasing have made this business so lucrative. People buy charger, earpiece, and other accessories everyday. You can start up this business with as low as any amount you have at hand.
10: Selling of fairly used cloths/shoes
We all know that is not everybody have the money to go to boutique to buy cloths or shoes. They are some fairly used cloths or shoes usually called "Okirika". People regard it as cheapest and it last long.
You can start up this business by buying it in low quantities. But you have to consider the type people mostly like.
Like i usually say, for you to increase your earning, you have to advertise, make customers and be friendly with people.
Finally, I believe you have seen what you are looking for. If you have any questions, advice or guideline, you are free to drop it in the comment or contact me
Please much can at least start up the printing of recharge card business
ReplyDeleteThe Recharge card printing business is divided in different categories depending on the money you have to invest.
DeleteFor the Wholesaler/sub-dealers, you can start it with about #70,000-#120,000
While for the retailers/resellers, you can start it with about #15,000
Some areas you can get the Recharge card printing machine in Nigeria include
1. Promise computer
10, Otigba Street, Computer Village, Ikeja, Lagos, Nigeria.
2. CCCMIS Limited
41, Osuma Street, Maitama, Maitana, Abuja, Nigeria
3. MTN Nigeria Communication Limited
58, Old Market Road, Oduakpu, Onitsha South, Anambra State, Nigeria.
And many other places across the nation