Quick Answer: What Business Can I Do With 20k In Nigeria?

What kind of business can I do with 50k?

20 Businesses You Can Start With 50,000 Naira in NigeriaBaking Business.

Baking is a thriving business in Nigeria.

Fast food Business.

The importance of food can never be overemphasized.

Plantain Chips Business.

This is also a very lucrative business.

Selling Drinks and Water.

Small Scale Farming.

Smoked Fish Business.

Soap Production.

Home and Beauty Products.More items…•.

What business can one do with 500k in Nigeria?

That being said you can pick from these top 12 lucrative business ideas you can start in Nigeria with 500k or less than 1 million naira.Printing and Publishing.The Building Block Business.Renting Service for Building Materials.Computer Service Center.Farming.Food Processing.Sports Betting.Exportation.More items…•

What is the most profitable business in Nigeria?

Real Estate is no doubt one of the most profitable businesses in Nigeria and the world. Real Estate is as relevant as ever because people will always need a place to stay. As the population of Nigeria continues to increase, the need for housing continues to grow. There are several opportunities to choose from!

Is 20000 enough to start a business?

Originally Answered: Is there a good business I can start with $20,000? Its absolutely enough, you can start a business with $100 and a laptop. However having $20,000 would certainly help you with growth and initial traction.

Which business can I start with 20k in Nigeria?

Profitable Businesses You Can Start With 10k 20k 30k 40k In Nigeria. 1. Selling of bottled drink or bottled water: selling of bottle drinks and water is a very lucrative business, because it’s every day consumption product, if you are in a very populated state or cities like Lagos then you can consider this business.

What business has the highest profit margin?

Industries with the Highest Profit Margin in the US in 2020Land Leasing in the US. … Stock & Commodity Exchanges in the US. … Cigarette & Tobacco Manufacturing in the US. … Operating Systems & Productivity Software Publishing in the US. … Social Networking Sites. … Gas Pipeline Transportation in the US. … Portfolio Management in the US.More items…

What sells fast in Nigeria?

Top 15 High Demand And Fast Selling Products in 2020Electronic Goods. … Fashion Items. … Cosmetic Product. … Health And Wellness Products. … Hair Wig And Extensions. … Baby Accessories. … Food And Groceries. … Phones And Accessories.More items…

What business can one do with 20k?

7 Profitable Businesses You Can Start With 20K Or LessSelling Second Hand Clothes. This has become a very lucrative business option for many young people. … Printing/Photocopying. … Operating a Salon/Barber Shop. … Selling Boiled Eggs, Smokies Or Sausages. … Movie Shop. … Car Wash. … Selling fruits & vegetables.

What business can I start with 5k in Nigeria?

List Of Lucrative Businesses to Start in Nigeria with 5K or 10KLondon Used Cloths (OKREKA) Okreka are used clothes that are being imported from other countries. … Pure water/bottle water business. … Buying And Reselling. … Noodles preparation business. … Mini meet pie production. … Liquid soap production. … Daycare center business.

What are the fastest growing business in Nigeria?

Fastest Growing Businesses In NigeriaCatfish Farming. A lot of people have registered success as catfish farmers. … Poultry Business. Being one of the wealthiest farmers in the world, FU Guangming has a net worth of $1.5 billion. … Real Estate. … Haulage and outsourcing. … Food Processing. … ICT. … Daycare Centre. … Bottle/Sachet Water Production.More items…

What kind of business can I start with 10k?

So if you want to work for yourself, here’s eight businesses you can start with $10,000 or less:Photographer. … Online retailer. … Personal trainer. … Graphic designer. … Party planning. … Handy person. … Consulting. … Business coach.

How can I double my money fast?

7 Ways to Double Your Money (Fast)Open an account with a trading service such as Robinhood or Webull, which offer free stocks for opening or funding an account or for inviting friends to join.Buy IPO stock.Flip sneakers purchased on Stockx on eBay or via the Snkrs app.Sell freelance services on the Fiverr platform.More items…•

How can I start a business with 5000?

If you need a little more help brainstorming, here are six businesses you can start for under $5,000.Tutoring or online courses. … Make a product and sell it online. … Open a consulting business. … Create an app or game. … Become a real estate mogul. … Virtual assistant. … Tutoring or online courses. … Make a product and sell it online.More items…•

What business can someone start with 200k?

Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.Open a Restaurant.Start a Fumigation Business.Laundry and dry cleaning services.Starting your own home services.Importation of wears.Livestock farming.Car wash center.Corporate cleaning services.More items…

What is the cheapest business to open?

If you want to start a low-cost business, these 25 ideas will help inspire your entrepreneurial passion.Content creation. … Personal or virtual assistant. … Event planning services. … Errand/concierge service. … Professional reviewer. … Social media consultant. … Etsy shop. … Online courses and tutoring.More items…•

What business can I start that will make me a millionaire?

10 Businesses You Should Invest in to Become a MillionaireStart an Insurance Company. … Build a Highly Profitable Affiliate Website. … Start a Custom Academic Assignment Service. … Start a Business Consultancy Brand. … Develop a Digital Product. … Develop an Eco-Friendly Business. … Start a High-Rate Legal Service. … Launch Your Own Digital Marketing Agency.More items…•

How can I make money fast in Nigeria?

In this post, we’ll be sharing some easy and legit ways to make some extra cash in your spare time.Publish Books Online. … Sell Designs & Creatives Online. … List on Property Websites. … Start a Blog or a Vlog. … Sell on E-commerce Websites. … Affiliate Marketing. … Offer Professional Services Online. … Become a Virtual Tutor.More items…

How can I make 20000 naira a day?

On this page right here, you’ll get a download of 10 legitimate businesses that can make you 20,000 naira daily, and nothing less….Barbeque Business. … Barbing Salon. … Blogging. … Transport Business. … Affiliate Marketing. … YouTube. … Restaurant Business. … Boutique Business.More items…•