Profitable business ideas you can start with little capital in nigeria

Are you a young Nigerian willing to go into entrepreneurship
How about starting a profitable small business in Nigeria this year? According to research, times of economic crisis and financial meltdown are the best periods to start a business. The good news is that you can start a successful small business in Nigeria with little or no capital
this business idea will earn you extra cash, make you proud, and possibly lead to a long time investment and that amazing moment you get to say “I quit!” to your boss.
The cost of starting a business in this era of the internet and social media technology has greatly reduced. In this post, here are few profitable business ideas you can start with little or no capital.
an entrepreneur 

E-commerce

more people are interested in using the internet which impact positively in the industry. Smart Nigerians see this opportunity to grow their wealth.
if you Think blogging is no longer a good source of income then  Think again. Tens of thousands of bloggers, creating content on topics as diverse as cooking, fashion, gossip, news, travel, film and lifestyle. Your first step is sharpening your writing abilities, understanding what your audience craves and learning how to write a blog post that drives traffic and brings you readers on a regular basis.

As a web designer or developer, you’ll build incredibly valuable skills that are in extremely high demand in the Nigeria market. You can get up to speed on building websites in as little as a few weeks by using a free tool like WordPress.
Aside from having the opportunity to work on your own schedule, you can make as much as 50,000 – 250,000 Naira per website project. If you looking to greatly improve your web development skills, Andela is a great place for you to start and acquire the knowledge you need.

Social Media Marketing

Instagram, Snap-chat, YouTube, Twitter and Facebook. These are platforms where Nigerians are making a load of cash just by sharing engaging contents and building a loyal followers list.
Build up a following on any of this platform and you could quickly be approached by major brands, gear companies, and other relevant businesses that sell products or services related to the type of content you share. If you have hundreds of thousands of followers, you can easily charge anywhere between 15,000 – 50,000 Naira per post or more which makes for a very profitable side business idea.

 

Real estate

I know many will say you need big capitals to start a real estate business, but oluwatobi oladele gave a lecture on how you can embark on real estate business with very little capital. So why not is a try.

Uberpreneur – Driving for Uber

There are many different reasons why most people choose to drive with Uber. Some do it for the freedom to drive when and where you like.you are the boss, and you work for as long or as little as you want, following a schedule that suits your needs.
Driving for Uber is one of the most lucrative business in Nigeria right now. It does not only give you the opportunity to work when you want (including nights or weekends) but also give you the ability to earn some extra cash while doing so. While some drivers are doing this full-time, some only do it at nights after day job and on weekends. An average Uber driver earns within 80,000 – 120,000 Naira a week.

  SEE 5 WAYS TO MAKE LEGIT MONEY ONLINE

Tutoring

Education is a fundamental right, but ironically, there aren’t enough good schools for it. Not just Nigerians, but every parent in the universe wants his child to have the best. As there is an absence of high quality schools in Nigeria, tutoring can fetch you high.
Don’t limit your options to academic tutoring. Turn your hard and soft skills in to a lesson. For example can you play a musical instrument?  Can you draw or design jewellery? Are you a food lover or cook? Are you highly skilled at a specific sport?  Website design? Maybe you have a passion for creative writing, dancing or even farming?

Event and Party Planning

If you are organized, great with budgets, thrifty, love socializing and have a thing for interior designing, this is surely for you. A few training sessions and simple equipment can make you sit on the top of the business.
I’ve known people start this type of business by organizing great party for friends and family and then the word spreads. And before you knew it you were in high demand, so they built a simple website and bought some business cards, and now they have businesses that generate millions of Naira each year.

 

Cassava processing

Cassava products is one of the most consumed in Nigeria and Africa at large. It is fast becoming a popular raw material in industrial production. There are many products that are produced from it such as cassava flour, bread, Gerri, fufu.
You can also go into any of this with little capital.

 Fish farming

Experts say that there is little or no lost in fish farming.
Many entrepreneurs are diving into it on large scale, so why not give it a try.

also read:6 steps to starting your own business

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