Frequent question: What business can I start with 100000 in Nigeria?

What is a good business to start with 100k?

There are many options for what kind of business you can do with $100,000.

And these ones are good businesses to start in 2020.

  • Coffee Shop. Of course, coffee shops were popular before, but today coffee is not just a drink, but more even a hype. …
  • Bakery Business. …
  • Bookkeeping Services. …
  • Event Planning. …
  • Pet Business.

15.12.2020

Is 100k enough to start a business?

Completely depends on your skill set and interests. There are a lot of businesses you can’t start for much less than $100,000. However, if you feel like you need help, and handholding, you might consider a franchise. While I am not a big fan of franchising, it can be a good move for some people.

What is the most profitable business in Nigeria?

1 Top Lucrative Business Ideas in Nigeria To Start In 2021.

  • 1.1 1. Real Estate Business.
  • 1.2 2. Cake and Cupcake Bakery.
  • 1.3 3. Sales of Mobile Phone Accessories.
  • 1.4 4. Blogging.
  • 1.5 5. Egg Supply and Distribution.
  • 1.6 6. Ice Block Production and Sale.
  • 1.7 7. Car Wash Business.
  • 1.8 8. Uberpreneur (Driver for Uber)
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What business can I start with 1 million Naira in Nigeria?

20 Businesses You Can Start With 1Million Naira

  • Supermarket.
  • Restaurant business.
  • Boutique business.
  • Large-scale phone and computer accessories business.
  • Bakery business.
  • Yoghurt and ice cream production.
  • Poultry farming.
  • Fish farming.

What franchise can I buy for $100 K?

The Top 100 Franchises for Less Than $100,000 in 2020

  • Kumon Math & Reading CentersSupplemental education. …
  • Baskin-RobbinsIce cream, frozen yogurt, frozen beverages. …
  • HomeVestors of America Home buying, repair, and selling. …
  • Matco ToolsMechanics’ tools and equipment. …
  • 911 RestorationResidential and commercial property restoration. …
  • CPR Cell Phone RepairElectronics repairs and sales.

6.04.2020

What business can I do with 500k?

  • Printing and Publishing. There a lot of people printing out materials every day including banners, magazines, books, newspapers and many others. …
  • The Building Block Business. …
  • Renting Service for Building Materials. …
  • Computer Service Center. …
  • Farming. …
  • Food Processing. …
  • Sports Betting. …
  • Exportation.

How much money does a startup need?

According to the U.S. Small Business Administration, most microbusinesses cost around $3,000 to start, while most home-based franchises cost $2,000 to $5,000. While every type of business has its own financing needs, experts have some tips to help you figure out how much cash you’ll require.

What business can I 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.
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Can you start a business with 30k?

Lots of business you can starts with 30k. There are many ideas that you can implement easily if you really want to do. First of all you have to ask yourself ,in which field you wanted to go,the field you loved. … for this business you don’t have to need much stuffs or employee.

What is the fastest growing business in Nigeria?

Top 10 Fastest Growing Businesses in Nigeria Currently

  • Agriculture business. Most of the food consumed in Nigeria can be equally produced in Nigeria. …
  • Exportation business. Exportation business is a fast-growing business in Nigeria today. …
  • Private security business. …
  • Facilities maintenance business. …
  • Real estate business. …
  • Haulage business. …
  • Online business. …
  • Waste management business.

What business can one do with 500k in Nigeria?

This article will guide you on some lucrative business ideas that you can start with 500k in Nigeria.

  • POS Business. …
  • Mini Importation Business. …
  • Egg Supply Business. …
  • Real Estate. …
  • Photography. …
  • Cooking Gas Business. …
  • Dropshipping Business. …
  • Dry Cleaning Business.

21.01.2021

What can I do with 2 million naira?

With two million naira in account, you can invest into businesses like recharge card dealership which allow you to represent the mobile telecommunication networks as a dealer for distributing or selling recharge cards and data bundles to subscribers/customers across the nation.

What can 50000 Naira buy in Nigeria?

20 Businesses You Can Start With 50,000 Naira in Nigeria

  • Baking 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.
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What is the best business in Nigeria?

Top Business Ideas in Nigeria You Should Consider

  1. Cosmetics Production Business. …
  2. Tomato Farming Business. …
  3. Gym Business. …
  4. Blogging. …
  5. Sale of Mobile Phone Accessories. …
  6. Mobile Phone Repairs. …
  7. Plantain Chips Production and Sales. …
  8. Ice block Production and Sale.

What business can I start with 3 million naira?

Listed below are profitable small businesses you can start with 3 – 20 Million Naira that are thriving in Nigeria today.

  • Open a Restaurant.
  • Start a Fumigation Business.
  • Tomato Farming.
  • Importation of wears.
  • Livestock farming.
  • Big Bakery.
  • Medical & Laboratory Equipment Supplies.
Hai Afrika!