Best answer: What lucrative business can I do with 50k?

What lucrative business can I start with 50000?

Businesses you can start with 50K or less

  • Food Business: …
  • Plantain chips business: …
  • Popcorn business: …
  • Candle production: …
  • Sales of mobile accessories: …
  • Bead making and wire works: …
  • Sales of perfume and other cosmetics: …
  • Hair/Barbing saloon:

What business can I start with 50k in 2021?

What Business Can I Start With 50K In Nigeria?

  • Noodle Stand. Starting a noodle stand is a business that is quite profitable in many parts of Nigeria. …
  • Soap Production. …
  • Perfume Oil Sales. …
  • Thrift Shop. …
  • Popcorn Production Business. …
  • Mini-Importation Business. …
  • Become A Used-Car Seller. …
  • Start A Printing/Branding Business.

Is 50K enough to start a business?

These days, $50k in capital is more than enough to start a number of great business opportunities. … You could turn around a failing business or buy an already-profitable one. Local chambers of commerce and the US Small Business Association (SBA) can help connect you with business owners who want to sell.

How can I start a business with 50000?

Intelligent Investor compiles for you 50 businesses that you can start with an investment of Rs 50,000 or less-without running to venture capitalists or pleading for bank loans.

50 businesses to start with Rs 50,000.

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FOOD RELATED BUSINESSES
Business Success Factors
Semi-cooked snacks Cheaper than hotel food, ready-to-cook and convenient

What business can you start at 60?

Here are 22 business ideas for a 60 year old to get you inspired to start your very first entrepreneurial venture today.

  • Catering business. …
  • Sustainable and eco-friendly products. …
  • Clothing brand retail. …
  • Smart tech for seniors. …
  • Crafts workshop. …
  • Health and fitness services. …
  • Dance studio. …
  • Consultancy services.

How can I double my money fast?

Below are five possible ways to double your money, ranging from the low risk to the highly speculative.

  1. Get a 401(k) match. …
  2. Invest in an S&P 500 index fund. …
  3. Buy a home. …
  4. Trade cryptocurrency. …
  5. Trade options. …
  6. 10 best investments in 2021.
  7. 3 ways to know if your 401(k) is too aggressive.

What business generates the most revenue?

List

Rank Name Industry
1 Walmart Retail
2 State Grid Electricity
3 Amazon Retail, Information Technology