Top 10 most profitable business to start with less than 50k in nigeria

Starting a business in Nigeria is a nice decision compare to doing nothing financially productive, but when starting a business in nigeria the question is always "what type of business should I start? what is the startup cost? and most importantly what is the profitability energy of this business I want to venture into? That's the million dollar question most people who want to start a business in Nigeria Frequently ask themselves and people around them. if you are part of the many Nigerians that do ask these questions and more like "I have N50,000-N100,000, what type of business can I start with this amount of money in nigeria? then I'm sure this article will go along way to help and show you the top 10 most profitable business idea you can start in nigeria with less than N50,000.

In this present age starting a business from scratch with no or low capital is very achievable because of the way the world is changing so fast, the many new impressive inventories, innovations, technologies and creatively act of man has changed the way people thinks and do things most especially in the business world, because the industry has been greatly influence, at this age you can start a business in your room, backyard or even any space available around you and grow it to a big venture in respect to time and commitment, In this post, I'll be showing you some very profitable small business ideas you can start with a low start- up cost.

What are the most profitable small business ideas to start in nigeria with less than 50,000 Naira? Well, that question is quite simple and will be answered in this post, below I have listed the top Ten business ideas you can start in nigeria today with less than N50,000.


1. Web Design Business:

One of the business industry that has grown to gain solid ground in this 21th century is the internet company, this is because of the cost of starting an internet company is very relatively low compare to starting an offline firm, more to it many web designing firm both local and foreign have emerge from nowhere and make it to the top offering this simple but lucrative business service.

The web design market is a large one because many organizations, individuals and companies have started to notice and see reasons why they should have an online presence thus it create more business opportunity for you to invest in knowledge and make money rendering Design and developing websites such as e-commerce stores, forums and blogs, install monetization programs and manage clients scripts, hosting and database while you make a lot of cash.

2. Laundry And Cleaning Service Business:

This is a daily need as such a big market and lucrative business opportunity especially if you are in big cities or areas where more people have less time for themselves, your service will be greatly needed, with N50,000 or less you can set up a business around this market with creativity, quality work you will build customers that are loyal and consistent in patronizing you.

Try to make a lot of connections with big business people and office workers Providing dry cleaning and laundry services, garage and pantry clean out, windows and blind washing, tile polishing and a lot of them, buy the necessary machine and equipment to make your work more easier and productive.

3. Affiliate Marketing Business:

Affiliate marketing one of the most lucrative and profitable online business you can start with low start up cost and make a lot of money in return, If you have less than 50,000 to invest on this particular business your return on investment will sure be high and impressive provided you employ the necessary strategy to Make money from diverse affiliate programS relevant to your niche or not.

You can setup affiliate niche site around a popular niche and highly in demand product, run some ads for it promotion and make money on purchases from any affiliate product you are promoting,

4.Consultancy Business:

You definitely have a vast knowledge on one or two niches either business, career, education, sport and health. at least there's one skill you are very much good at, you can Convert your skill and knowledge into money by offering consultancy service to many people out there that needs your core advice and direction on what line of action is next in their lives.

Set up a business around your skill and knowledge by helping people start and manage their Money, investment, health, build career and education, using your experience, consulting for fish and poultry farm start ups, plantation farming business consultant, consulting for oil and gas investing as well as career and education.


5.Start Online Importation Business:

One of the business that as a great and promising future in nigeria is the ecommerce, this is because Nigerians are new to this way of life, we are just finding our way into this big profitable online market and I'm glad It's already booming.

With less than N50,000 or more you can start importing and Buying hot in demand products like dresses, electronics such as cheap unlocked phones, android tablets, camera, power banks and laptops from China and online auction sites like Ebay and Amazon. Sell them with nice returns, I'm quite sure you will not regret starting this business.

6.Automobile Shop:

The value of automobile in nigeria without no doubt is relatively high seeing it daily use, so is It's business market as well there's always a need for this market in nigeria with less than N50,000 you can start a business around this need, Repair mechanical, electrical and body work faults in vehicles, sales of automobile spare parts and fittings, training of automobile technicians I'm very sure you will make a lot of money doing this business as It's has a large and very profitable market here in nigeria.

7.Blogging Business:

Blogging is a very lucrative and profitable online business, the beauty of this business is the little amount of money you can invest in it start up and the high return of investment it can yield.

There are a lot of nigeria youth that have leveraged on this online business opportunity to build a name, business and fame for themselves. You can start a blog today by learning the simple technical know how and idea of how it works.

8.Ice Block Making:

Leverage on electricity failure and need for frozen product in Nigeria to set up a business and make money. By Production of ice block cubes and bars for icing drinks in parties or for industrial use in low temperature preservation, sales of freezers, blast freezers and cold rooms, frozen food business.

9. Livestock Feed Supply:

There are a lot of established poultry farming business in nigeria and more of poultry farmers in almost every area of the country, with this there will always be a constant need to feed their livestock for survival and healthy living you can Become a distributor and retail supplier of livestock feeds, poultry and fish feeds as well as supplements. Open an sales outlet close to farm aggregation and settlements, with less than 50,000 or more you can start and this is the most important aspect of it.

10. Fitness Trainer:

This business opportunity is very lucrative and profitable just as the health niche is a very important, lucrative and profitable niche in nigeria internet business market.

you can tap into the fitness and weight loss niche by been a personal trainer for people who want to stay fit and maintain weights, Open a weight loss outfit, weekend body building and exercise programs, sales of gym and exercise equipment, body building training and fitness seminar and tutorials.




SOURCE: YUNG BOSS