What business can I do with 500k?

What business can make you a millionaire?

10 Businesses That Will Make You a Millionaire in 3-5 Years

  • FINANCIAL SERVICES. One of the highest value-derivative services/businesses are everything associated to “financial services”. …
  • CYBERSECURITY. Security is fast becoming a booming industry. …
  • ECOMMERCE WEBSITES. …
  • MOBILE RESTAURANTS AND FOOD/CATERING DELIVERY. …
  • ELDERCARE.

What kind of business can I do with 1million naira?

This article will explore several businesses that can be started with one million naira.

  • 1) Operating a restaurant. …
  • 2) Poultry farming. …
  • 3) Fitness centers and gymnasium. …
  • 4) Bridal shop. …
  • 5) Frozen foods. …
  • 6) Boutique/thrift shop business. …
  • 7) Bakery/Bakeshop. …
  • 8) Importation.

What business can one start with 300k?

Table of Contents Hide

  • #1. Tailoring.
  • #2. Barbershop.
  • #3. Hair Salon.
  • #4. Sale of Hair Extension.
  • #5. Sale of Clothes.
  • #6. Dry Cleaning Service.
  • #7. Football Viewing Centre.
  • #8. Cyber Cafe.

How can I get rich quick?

If that’s you, then here are five tips on how to get rich quick.

  1. Build a Lucrative Side Hustle and Invest Your Earnings. …
  2. Start a Business and Scale It Quickly. …
  3. Borrow Money To Pursue a High-Growth Business. …
  4. Go “All In” on One Stock. …
  5. Experiment With Cryptocurrency.

What are the most successful small businesses?

Most profitable small businesses

  • Personal wellness. …
  • Courses in other hobbies. …
  • Bookkeeping and accounting. …
  • Consulting. …
  • Graphic design. …
  • Social media management. …
  • Marketing copywriter. …
  • Virtual assistant services. Finally, last on our list of the most profitable small businesses: virtual assistant services.
IT IS INTERESTING:  How do I close a business in Canada?

What business can make me a millionaire in Nigeria?

List of Business That Create Youngest Millionaires in Nigeria

  • Private School. Setting up a Private Nursery and Primary School in Nigeria don’t have to be capital intensive at the early stage. …
  • Real Estate. …
  • Used Books. …
  • Internet Business.

What profitable business can I start?

Most Profitable Small Businesses

  • Tax Preparation and Bookkeeping. Without needing fancy premises or expensive equipment, tax preparation and bookkeeping services come with low overheads. …
  • Catering Services. …
  • Website Design. …
  • Business Consulting. …
  • Courier Services. …
  • Mobile Hairdresser Services. …
  • Cleaning Services. …
  • Online Tutoring.

Which business can I start with 1million?

Hopefully, all of our diverse and interesting ideas would be useful for someone.

  • Opening a small supermarket. …
  • Opening a small restaurant. …
  • Boutique business. …
  • Phone and computer accessory business. …
  • Bakery business. …
  • Producing yoghurt and ice cream. …
  • Poultry farming. …
  • Fish farming.