20 businesses You Can Start With Only ₦100,000

This article article is briefly written to understand in a simple language , so if your eager to start a profitable business, Read this article.

1. Bedsheet/Beddings Production

Pay a visit to Lagos Island, Mushin or Oshodi where they sell bulk materials.

Even in Aba at shopping center, pick good designs and I tell you there guys who will sew it for you are just within the same Market. You can start will less than 100k and diligently grow your money. You can supply to hotels or sell in the open market. The big trick to this business is to always get good designs.

2. Shirt Production

While I was with Stephenson Standard Company Limited, I always wore shirts from Broad Street in Apongbon. It gave the look of an Entrepreneur.

There are tailors in Lagos Island and in Aba, lots of them, I can direct you to good tailors. Or you can learn the skill it will save you all the heartbreaks imaginable. You can get Materials ranging from 700 – 1k per yard, or even less, sew for 1500/2k, Sell for 5-7k. Visit offices and corporate workers to market it. A sweet side hustle wey Dey pay!

3. Boxers

Schedule a trip to Aba Market, The cost of production of boxers, you can get one for as low as N200, all you need is to package it in 3s, and market these babies properly beg your friend on twitter for RTs, and facebook influencers can give you a small shoutout here, we buy 3s pack boxers for 1500-2500 sell yours for 1200 or 1500 and gradually grow.

4. POS Business

As you all know that this is hotcake at the moment.

You can a get POS machine from your Bank, and activate online banking: If you live in a place where banks aren’t much you can handle e payments for people and make your small change. ATM queue is always crazy and you must be patronized

5. Mobile and Electronic Accessories

Mobile and electronic Accessories such Pouches, Chargers, USB cables, HDMI cables, earphones and more, can be sourced on Alibaba, Ali Express, Deal Extreme, etc. The more you buy the lower the price. And they are light so shipping won’t be a burden. Sell here or Jumia and co. People are doing this business lowkey and some are making good money in Computer Village.

6. Popcorn

Bags of corn – Mile 12 Branded Nylon Sugar, Salt & Butter. The beauty of this is when properly made, its aroma will attract its customers. Manual sealing machine -7/9k Popcorn Machine is 65k on Jumia Popcorn can be served anywhere. It costs less than N40 to make a pack of popcorn

7. Branding – Sales and Customizing

Sales and Customizing of Football Team Football team supporters always want to show how much they’re rooting for a team. Consult me for recommendations. If you are into shirt branding comment below.

8. Snail Farming

Snail farming in Nigeria is even more popular, due to its relatively cheap cost of startup and If you market your products well, your business will thrive.

This is a business you can start from your own backyard. Best in mind, snails take almost a year to mature so Patience is Key!

9. Fairly Used Goods

Fairly used goods such as Jeans, Tops, t-shirts, shoes etc. They could be sourced at Badagry, even Cotonou and aba. 100k can’t get you a bale but you can select and mix them.

Wash and pack neatly. Marketing is all it takes, use your socialmedia channel to advertise it and you’ll sell and see your money multiply.

10. Cleaning Services

Some people find it hard to clean their apartments cos they’re busy from Monday to Friday and Saturday they have engagement and on Sunday all they wanna do is rest.

Your tools won’t cost you up to 30k and you can clean 6 apartments a weekend. If you need consultation on this contact me. I know a few people on this platform who are doing this and cashing our lowkey.

11. Home Cooking and Delivery

My friend Petra does this for a living. You can cook a variety of meals well and apply customer service, People will pay good money for your services, You can run this from home. Busy and developed location is more suitable for this business.

12. Digital Marketing

The success of any business is in its ability to effectively reach its teeming customers and this is achieved by effective marketing: Get a Used Laptop and Smartphone, temporarily your smartphone can double as your hotspot Persistence and Passion is Key. Dr. Chiemelie augments his means of revenue using this amazing option on this platform.

13. Cakes and Confectionery

This is one business that always comes to play, people celebrate, and bakers are always consulted. Ask my Boss here ‪@mycreamydelight‬ Get the required skill, a decent oven, passion and customer service! You’ll grow! They are open to training too.

14. Aso-Oke Beading

Aso-Oke Beading has become sometimes in vogue now, and this is another sweet business one can start with 100k. You just have to learn how to bead and unlock your creative mind. The money is instant when you are good at it.

15. Bead Making

All you need is training, passion, creativity, unique designs and styles, then adequate marketing. You absolutely don’t need 100k to start this.

16. Home Service Barber

This is another profitable small-scale business. The beautiful thing about this is you bring your services to your clients for an extra token above regular. The starting capital to get the equipment and I’m sure you know we have rechargeable clippers.

17. Tutorial Classes

No matter your age, this is another well-paying job, either as part-time or full-time. Many families are willing to spend what it takes for their children’s success and there’s one subject you’re well versed at. Just close the gap, meet their need for a specific fee.

18. Internet Services

Forget the extensive coverage of internet and the fact that people can assess it on their phones, Do you know how much applicants pay just to have Jamb applications filled online? You need a good system, printer & ISP. People pay as much as 1k per application

19. Production Of Zobo, Smoothies, cocktail, small chops, cupcakes and chinchin

You’d realize the importance of this combo cant be ruled out. You can render these services with 100k startup capital + proper marketing, branding and packaging. .

20. Re-Invest Your seed Capital in an existing business

Not everyone has the head for business but they can sniff opportunities. You can always sow your money as operating capital and draft an agreement on profit sharing.

You can at least support your investment by bringing customers so the business can thrive. Market it on all your social media pages and who knows.

NGN100 can do a lot!!!!

You can even start the above with 50k or less in some cases.