Top 10 Cheap Businesss To Start With N50,000 (50k) in Nigeria


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Top 10 Cheap Businesss To Start With N50,000 (50k) in Nigeria
Posted on: November 06, 2018, 09:44:55 AM
One thing in your resolution or plan for the next year coming should be to find a suitable income channel.

Despite the hardship that is creeping into everywhere, you might escape such with a setout goal and business plan. Business ideas don't go scarce, they abound in plenty, however the idea to be listed would be ones that are cheap.

This cheapness pertaining to the cost of setting it up.

You just need to make a plan for yourself, get the fund, research and put your business to life. It iis important to note that you might be faced with strict competition that would demand your skill to meander through.

Top 10 Business Ideas You Can Set Up Under ₦50,000

1. FMCG Manufacture

Fast Moving Consumers Goods (FMCG) are the basic products people use daily like Soaps, insecticide,toothpicks , tissue paper etc.

In many places where people are urged to go into SME, you might be thought this for free. One point here is: you have to research really well on the product and the market situation. Find a perfect to sell your commodity in bulk.

2.  Sports betting

As you may have seen, there are lots of betting companies which have sprung up recently. Gambling just gets into another level in the Nigerian contemporary society unlike yesterdays.

Having a shop where gamblers gamble is a lucrative business as now turn to it to get some funds. You can start as an agent with a sports betting agency. You just need to read deep into a particular agency and see the cost & revenue. Meanwhile, you can learn how to be a Betking betting agent.

3. Agriculture

Agriculture isn't a new thing to Nigerians. It is current what keeps the country's populace alive. Working out a good plan is key to excellin in the agricultural sector. You can beging with a little fund at first, then with the profit accrued over time get something big going. It might sound impossible at first but busying youselve to work would may you clinch top!

4. Information Marketing

You need to get master of your english to excell marketing information. You have the advantage of marketing your information on print, orally or even online. Start a blog, organize seminars, Make an e-book, videos, podcasts, and webinars, etc. and people will pay you to get them.

5. Transportation business

Due to persistent loss of jobs in the country, many now opt to use public transportation against their private cars. There is constant need for transportation around the country(especially by road) and that mean business. If you cannot afford a vehicle, you can enter into a hire-purchase deal with someone who can afford it.

6. Tech based services

As much as the internet of today is so dynamic and broad so is there lots of businesses that can be started there. You can chose to into blogging - you will need to be insightful and knowledgeable here. There are also business which can be done in spheres like: Programming,SEO services,content writing, Vlogging, Affiliate marketing,reselling services...

The list knows no bound.

7. Event Planning

When an event is organised, who makes it successful is the event planner. He/she carry off the stress from the event owners leaving them to fully enjoy their event.

8. Laundry service

This isn't a new venture in the country. To outrun your competitors, find better ways to put your customers first.

9. Make-up Artist

Teenager now value their look very seriously. They pay freely to make up artists to make them look young,hot and fresh. As a Make-up artist, you can promote you doing outsie the vicinity using a good strategy.

10. Cleaning Services

This involves cleaning of offices, commercial establishments, construction sites, homes, garages etc. This again calls for proper planning.

These are not all, they are others you might think of or have experience about. Sharing is loving. You can help a brother/sister grow big!

« Last Edit: January 21, 2020, 03:53:47 PM by Everest »

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