You asked: What kind of business can I start with 50k in Nigeria?

What business can I start with 50k from home?

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 is a profitable business to start with 50k?

Here are the best businesses to start with 50k in Kenya.

  1. Butchery. Kenyans love food, especially various types of meat. …
  2. Movie shop. There is a high demand for western films and TV shows provided by streaming services in Kenya. …
  3. Salon/barbershop. …
  4. Hardware store. …
  5. Grocery store. …
  6. Mobile money agent. …
  7. Farming. …
  8. Milk bar.

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.

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What business can I start with 20k as a student in Nigeria?

Here we go.

  • Bedsheet/Beddings Production. …
  • Shirt Production. …
  • Sales of men’s underwear. …
  • E-Payments and POS Business. …
  • Mobile and electronic Accessories. …
  • Popcorn Machine. …
  • Sales and Customizing of Football Team. …
  • Snail farming.

What business can you do with 50K?

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.

What is a good business to start with 100k?

11 Businesses That You Can Start With 100k in 2021

  • Auto Repair. As long as cars and bikes exist in the world, it is a given that there will be a need for regular maintenance and repair. …
  • Electronics. …
  • Delivery Services. …
  • Cab and Ride Booking Services. …
  • Food Truck. …
  • Digital Marketing Agency. …
  • Job Consultancy. …
  • Online Store.

How much does it cost to start an electronic shop?

Retail Business Expenses

Cost Min Startup Costs Max Startup Costs
Shop Decor $0 $5,000
Storefront Property Rent ➜ $1,250 $3,500
POS System $0 $1,200
Utilities (storefront business) $0 $1,000

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.
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What business generates the most revenue?

List

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

How much capital should I have to start a business?

Estimate your costs.

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 100000 in Nigeria?

Below is our pick of the top 30 offline businesses in Nigeria you can start with at least 100 thousand naira.

  • Phone Charging Business. …
  • Phone Accessories Business. …
  • Food Vendor Business. …
  • Fruit Juice Production and Sales. …
  • Food Stuff Retailing. …
  • Palm Oil Retailing. …
  • Barbeque Business. …
  • Dog Breeding.

Which kind of business I can start with 10000?

The Best Businesses to Start With 10k

  • A Small Nest Egg Can Create Big Opportunities. Maybe you’ve been faithfully working your 9-to-5 job, and you’ve got some money in the bank. …
  • Import/Export Business. …
  • Online Store. …
  • Framing Business. …
  • Senior Care Business. …
  • Hauling Service. …
  • Home Staging Business. …
  • Window Treatment Business.