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50 Best Small Scale Business
ideas in Nigeria for 2019
Do you want to start a business in Nigeria with low
capital? If YES, here are 50 best small scale business
ideas & investment opportunities in Nigeria for 2019 .
Okay, having provided a detailed analysis of the legal
requirements, market feasibility and every other thing it takes
to start a business in Nigeria and a series of industry-specific
sample business plan templates; here is an in-depth analysis of
the top 50 best small business ideas in New Nigeria. So put on
your entrepreneurial hat and let’s proceed.
Starting a business isn’t a luxury but a necessity for anyone
whose aim in life is to make good money and become a
millionaire fast in Nigeria. This is one of the reasons why you
have got to look at starting a business in Nigeria. The ground is
so fertile and there are loads of people to patronize you
especially in cities like Lagos, Abuja, Onitsha, Portharcourt,
Aba, Kano, etc.
Even though entrepreneurs complain of the heavy taxes they
are subjected to pay, it cannot be compared with doing
business in some other countries. Here are some very lucrative
business ideas to look at;
Internet Business ideas
Oil & Gas Business ideas
Small Manufacturing Business ideas
Import Export Business ideas
Recession Proof Business ideas
50 Best Small Scale Business ideas in
Nigeria for 2019
1. Raw Food Stuff Business
This is one profitable business that can bring in good returns
on investment in Nigeria. Nigerians are people who love to eat
more homemade foods than the fast foods, unlike their foreign
counterparts. Things like rice, beans, garri, amongst other
things are what would be sold.
2. Call Card Business
This type of business is also known as the recharge card
business. There is hardly any adult In Nigeria who doesn’t own
a phone. This is one of the reasons why those in the recharge
card business are doing so well. You too can join the train as
you begin to tap into the market.
3. Daycare Business
There will always be the need to make a living even after giving
birth. This is one of the reasons why day care centers make
good money. The services they render is second to none and
is indispensable. If you have a penchant for babies and kids,
then you can consider starting a day care center.
4. Dry Cleaning Business
This is one of the fastest growing businesses in Nigeria. A lot of
people have done really well in this business and still are doing
well. There are a lot of people who are too overwhelmed by
work that they may not have the time to wash their clothes.
Therefore, you may want to look into starting a cry cleaning
business.
5. Restaurant Business
In Nigeria, the restaurant business have always been on the
rise. This means that it doesn’t go out of fashion. If you think
that you are a great cook, you can start a restaurant business.
You will be required to do a lot in the area of cooking very
great meals.
6. Car Rental Business
Cars all over the world isn’t a luxury but a necessity. There are
times however when some people may be in need of car
services. This is where a car rental business comes to fore. Be
sure you understudy an expert who can make you learn all the
ropes within time.
7. Bakery Business
People all over the world love to eat baked things. Nigeria is
one of them. Before you start out it is vital garner all the
necessary information that you will need along the line. You
will need to go to a school that offers baking services if need
be. You will need other things too to get started.
8. Hamper Business
In Nigeria, there are seasons when the hamper trade is really
an all-time high. If you know you have the knack for gifts, then
you can look into starting a hamper business. You will need to
decide if you want to deal in already assembled hampers, or if
you want to be the one assembling it.
9. Film Production Business
Nollywood is one of the fastest growing film industries in the
world. Every often block buster movies are being churned out
and those who are the helms of affair when it comes to film
production are doing all they can to see that great movies are
produced. You too can join the bandwagon when you start a
film production business. You do not need any qualification to
join the train.
10. Graphics Design Business
If you are arts inclines and are looking for an arts related
business to start, then you can look into the graphics design
business. One of the good things about this business is that
you can acquire the skills that is involved from the scratch and
then expand on what you have learnt
11. Phone Repair Business
There is hardly any adult who doesn’t have a phone in Nigeria.
This only goes to show that the phone business and other
businesses surrounding it is really a worthwhile one. You can
garner the phone repair skills so that you can delve into the
huge market that is in existence.
12. Gym Business
Fitness has always been a source of concern to Americans,
and Nigerians have also caught the bug. This is because of the
high rate of cancer that continues to ravage people. If you are a
fitness and health enthusiast, then you can look towards
starting a gym related business. You will need to have enough
finance to equip your gym center.
13. Wine Bar Business
From clubs, to restaurants and even in homes, wine is usually
consumed. If you know that you are a wine connoisseur, or
are in love with wine, then you can look into starting a wine
bar business? You have to make sure that the location you
choose for this business is a good and promising one.
14. Internet Radio Business
If you are interested in going into the internet radio business,
then you should be conversant with the fact that it is a different
kettle of fish from the traditional radio business – especially as
the source for your internet radio business is a computer.
Before starting this business, you should know what topics
you would need to discuss to appeal to your target market,
and what kinds of business you would be concentrating on.
15. Transport Business
The population in Nigeria is huge and a lot of people are looking
for a good living. People move from one spot to another to
make ends meet. You can be the problem solver by starting a
transport business. Before you start, you will need to
determine if you want an interstate service or an intra-state
shuttle.
16. Jewelry Line Business
Sourcing for materials to use for your jewelry line business will
mean you looking for reliable suppliers and getting your
materials in bulk so as to cut down on overhead cost, and
make your jewelry affordable. You would also need to create
an inventory system for your materials so that you could be
alerted when they run low.
17. Mobile car wash Business
Mobile auto car wash eliminates the need for a physical
business location, therefore limiting start-up costs
considerably. Start a mobile car detailing business with
inexpensive supplies and tools and grow as needs arise. As a
mobile detailer, you will perform jobs in customer parking lots,
driveways and garages, giving you the advantage of visibility
for marketing purposes. The downside includes not being able
to work outdoors in inclement weather and the limitations of
having to travel with all necessary tools and supplies, including
large quantities of water.
18. Party Rental Business
A party rental business is indeed a good way to make extra
money and in the long run can turn into a lucrative, full-time
business. People love to have party in Nigeria, and there are
times when some party rentals might not give one what they
want. You can bridge the gap by starting a party rental
business.
19. Pizza Delivery business
Starting a pizza delivery business is a profitable business
venture, and can yield a high profit margin for any
entrepreneur who is serious about the business. With pizza,
you get to be creative as well as learn how to cook. You would
also need to be as creative as your mind can possibly conceive;
pizzas come with different options such as chicken pizzas,
Hawaiian pizzas, Italian sausage pizzas, barbecue pizzas, as
well as other traditional cheese, and hamburger pizzas.
20. Nursing Home Business
Home nursing businesses are a growing field with increasing
demand driven by an aging population. Today’s health care
offers more forms of surgeries, interventions, and elective
procedures–often leaving patients needing temporary home
nursing care.
In addition, members of the elderly population who don’t want
to leave their homes for an assisted living facility or nursing
home often elect ongoing home nursing care. For an
entrepreneur looking to get into the home nursing market,
establishing the business is usually more challenging than
finding a customer base.
21. Poultry farm Business
Starting a poultry farm might appear easy but starting it as a
business too is something entirely different. This means that
you are not only just a chicken farmer but an entrepreneur as
well. Starting this business you would need to define your
target market. And the part of the chicken industry you intend
to go into. The chicken industry has two main parts; Layers,
where the chickens bred also lay or produce eggs, or Broilers,
where chicken are bred mainly for meat.
22. Cosmetics Business
If you love beauty, then going into the cosmetics business is
one of your bet. For you to do really well in this business, you
will need to engage in some deep research. Why is this
important? This is important because you will need to learn
new things about the cosmetics industry that will help your
business.
23. Microfinance Business
If you have the capital or are sure to get well-meaning partners
to float your microfinance business, then you can look at
starting a microfinance business. You have to have a good
business plan to do this. A business plan will help you know
what and what to do per time.
24. Tailoring Business
The art of tailoring have been in existence from time
immemorial. This means that it didn’t just start recently. If you
have an eye for fashion, then you can begin to work on
delving into the tailoring industry. One of the good things
about this trade is the fact that you will beautify people for a
fee.
25. Insurance Agency Business-: The idea of creating a
niche to grow your book of business for insurance agents
is certainly not a new idea. However, It is often heard from
insurance agents wanting to find their niche market, but
unsure of where to start.
26. Tomato Farming Business
Starting a tomato farming business is a rewarding business
that is not too expensive to start up. However, before you start
your tomatoes business, find out what kind of tomatoes
people usually want. This information can be gotten from
those who supply seeds, as they will be able to tell you what is
popular and what isn’t. Also, they will let you know the
varieties that sell well; however, you will also need to ensure
that the seeds you finally pick will grow well in your climate.
27. Wood working Business
Starting a woodworking business is a great way to turn a
hobby you enjoy into a money-making venture. Wood items
are popular and make great decorations and gifts. But starting a
woodworking business involves more than creating wooden
objects. It requires research and planning particularly in
marketing and business management.
28. Agricultural Business
If you think that the idea of starting a commercial farming
business goes down well with you, then you can start an agric
related business. One of the things that you should have at the
back of your mind when you want to start this business is the
fact that you have to first of all come up with the crops that
move pretty well in the market.
29. Fish farming Business
Delving into the fish farming business means that you must
have knowledge about the business. Why is this important
you just might ask? This is especially important because you
do not want to come across as a dullard who is in business.
You can start out by carrying out a thorough research on the
internet .
30. Organic farming Business
A lot of people because of health reason are opting for only
organic products. These products take time to mature unlike
the hybrid counterpart. If you have a penchant for healthy
living, you may then consider starting an organic farm
business.
31. Shipping Company
The major factor that encourages to venture into this industry
is its viability as a profitable venture. The lucrative nature of the
industry is unparalleled and it’s indeed one of the few industries
in the world which has the highest number of turnover in
terms of profit and otherwise.
32. Real estate Investment Business
Real estate investment is a very attractive avenue for wealth
building, as there are few other business opportunities where
the potential for income is so high. However, it can be a very
risky endeavor to step out on your own and jump into a
volatile market. Navigating the financial and legal issues
surrounding real estate investment can be an incredible hassle.
Still, thousands of people are doing it every day and the smart
ones are coming out on top.
32. Electronics Repair Business
To start an electric repair business is simple and you will need
to learn all the ropes. An electric repair business has unlimited
profit potential and a low start-up cost. This industry boasts of
a lot of people who have done really well for themselves. In
Nigeria, people have continued to require the services of an
electrician.
33. Courier Service Business
There is a lot to be tapped from when you start a courier
service business. What is more, there is a lot of profit in this
business. If you think this is a type of business that you want
to start, then you must first and foremost get all your facts
together. After you have done that, then be sure to write a
business plan to guide you as you start out
34. Freelance Writing Business
It’s very possible to become either a full-time freelance writer
earning a living, or to be a part-time freelancer supplementing a
regular paid income. Another role is to simply do it for fun or
to build up a broader portfolio of skills. In this article, you’ll get
the basics on what it takes to ease your way into freelance
writing as a career or to be put properly, turn your writing
hobby into a career that doesn’t affect your day job.
35. Motherless Children’s Home Business
Homeless kids will always seek for refuge in places where they
are accepted. This is one of the reasons why you can start a
motherless kid’s home. This of course will float as a
nongovernmental organization, but in the process you will
make your own profit and get a reward for reaching out to the
needy people.
36. Arts and Crafts Business
If you have ever had a heart to heart business talk with a
business expert, chances are that you may have been
intimated on the point that being wealthy isn’t about working
and earning wages at the end of the week or month. It is about
having various streams of income. Being wealthy and
successful is no child’s play at all. As a matter of fact being
wealthy has a lot to do with how many businesses you have
and how much profit you are able to rake in after a period.
37. Clothing Store
The clothing store (boutique) industry comprises of small retail
stores that sells a limited range of clothing and accessories. The
industry is defined as single-establishment stores only. Clothing
stores (boutiques) can be strictly designer based (i.e. only one
designer’s collection is sold there), or they may sell a mix of
designers’ labels (brands) that are specifically catered to the
local market.
38. Chiropractic Business
There are several businesses that revolve around medicine.
This means that if you have the penchant for going into a
medical related business, then you may want to consider the
chiropractic business. This trade has been in existence for
centuries. You may want to consider this business by first
learning all that needs to be learnt before venturing into the
trade. This is o that you are not found wanting in any area.
39. Pest Control Business
If you are thinking of starting a business that can guarantee
you steady income, then one of your options is to consider
starting pest control business. Pest control businesses is a
business that is involved in removing or eradicating potentially
harmful insects, rodent and reptiles from, farms, commercial
and residential properties. These days more than ever before in
the world, more and more people are conscious of eradicating
things that might bring ill health to them. So you will find that it
is a very good business to start.
40. Screen Printing Business
The screen printing business is some kind of business that
anyone who wishes to make good money from should look
up to. This is because of the level of profit that can be acquired
in this trade. If you are looking to start this business, then you
have to be sure that you have ample time to learn the trade.
One of things that will make you stand out in this venture is the
level of know- how that you exhibit.
41. Gaming Business
There are a lot of people who love games. This should be one
of the things that should drive you. Starting a gaming business
requires that you first lean the ropes from those who have
gone before you. After you have done that, then you can begin
to look at how to set your own business up.
42. Fabric Business
The fabric business is a very wide one in Nigeria as there are
loads and loads of variety of fabrics. Before you begin to look
at starting operation, you have to be sure that someone who is
already doing well in the business is able to mentor you.
Mentoring is important so that you can start out well.
43. Auto-Repair Shop
All over the globe, the auto repair business is such that is
important. This is because of the need to have cars fixed. One
of the things that must be done before even commencing this
type of business is learning all that is required to be known in
the auto repairs business. This means that you will be required
to go and garner some good skills in this light.
44. Aquaponics Business
If you have been looking to start a business that is agriculture
related, then you may want to consider starting an aquaponics
business. This is one area of trade that sure can guarantee
good returns on your investment. However, just before you
begin to build this business, it becomes expedient that you
garner all the knowledge and skills that you are required to, so
that you do not start out on the wrong footing.
45. Funeral Home business
If you are in need of a business that will always provide
services that would never go into extinction, then delving into
the funeral home business should be a business you need to
consider. Although most people would rather do some other
form of businesses rather than opt for funeral business
because of its delicate and emotional nature. However, fact
remains that this business is a money spinner and it will
always stand the test of time.
46. Pizza business
Pizzas can make a pleasant meal. In fact there are people who
are addicted to it. They could have it over and over again. This
is why those who are in the business have continued to make
good money. Opening a pizza business might be one of the
best moves to make. This is hinged on the fact that there are a
whole lot of people who are into the consumption of it. Starting
a pizza business doesn’t cost a fortune, as you can start with
some small amount of cash and then grow with it.
47. Solar panel repair business
The solar panel repair business isn’t for everyone. This is
because it has a very technical aspect that requires lot of
patience and handwork. If you do not have a penchant for
technology, then you may want to look elsewhere. However, if
you do have a passion then you will excel in this trade.
48. Consignment Business
The consignment business dates back from time immemorial.
It is a very profitable business that can guarantee nearly a 100
percent profit. It is pretty easy to start and it doesn’t require an
expertise. All you need to do is have zeal to want to pursue the
business.
49. Cupcake Business-: There are cake addicts all over the
globe and Nigeria isn’t left out/. As a matter of fact it is one
of the countries where cakes are consumed. Therefore the
American market would serve a great m
50. Boutique Business-: Despite the hardship that may loom
in Nigeria, people just love to look good. You can
therefore, cash in on this and start a boutique business.
You will need to determine where the things you want to
deal in would be sourced from.
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More on Nigeria
ideas in Nigeria for 2019
Do you want to start a business in Nigeria with low
capital? If YES, here are 50 best small scale business
ideas & investment opportunities in Nigeria for 2019 .
Okay, having provided a detailed analysis of the legal
requirements, market feasibility and every other thing it takes
to start a business in Nigeria and a series of industry-specific
sample business plan templates; here is an in-depth analysis of
the top 50 best small business ideas in New Nigeria. So put on
your entrepreneurial hat and let’s proceed.
Starting a business isn’t a luxury but a necessity for anyone
whose aim in life is to make good money and become a
millionaire fast in Nigeria. This is one of the reasons why you
have got to look at starting a business in Nigeria. The ground is
so fertile and there are loads of people to patronize you
especially in cities like Lagos, Abuja, Onitsha, Portharcourt,
Aba, Kano, etc.
Even though entrepreneurs complain of the heavy taxes they
are subjected to pay, it cannot be compared with doing
business in some other countries. Here are some very lucrative
business ideas to look at;
Internet Business ideas
Oil & Gas Business ideas
Small Manufacturing Business ideas
Import Export Business ideas
Recession Proof Business ideas
50 Best Small Scale Business ideas in
Nigeria for 2019
1. Raw Food Stuff Business
This is one profitable business that can bring in good returns
on investment in Nigeria. Nigerians are people who love to eat
more homemade foods than the fast foods, unlike their foreign
counterparts. Things like rice, beans, garri, amongst other
things are what would be sold.
2. Call Card Business
This type of business is also known as the recharge card
business. There is hardly any adult In Nigeria who doesn’t own
a phone. This is one of the reasons why those in the recharge
card business are doing so well. You too can join the train as
you begin to tap into the market.
3. Daycare Business
There will always be the need to make a living even after giving
birth. This is one of the reasons why day care centers make
good money. The services they render is second to none and
is indispensable. If you have a penchant for babies and kids,
then you can consider starting a day care center.
4. Dry Cleaning Business
This is one of the fastest growing businesses in Nigeria. A lot of
people have done really well in this business and still are doing
well. There are a lot of people who are too overwhelmed by
work that they may not have the time to wash their clothes.
Therefore, you may want to look into starting a cry cleaning
business.
5. Restaurant Business
In Nigeria, the restaurant business have always been on the
rise. This means that it doesn’t go out of fashion. If you think
that you are a great cook, you can start a restaurant business.
You will be required to do a lot in the area of cooking very
great meals.
6. Car Rental Business
Cars all over the world isn’t a luxury but a necessity. There are
times however when some people may be in need of car
services. This is where a car rental business comes to fore. Be
sure you understudy an expert who can make you learn all the
ropes within time.
7. Bakery Business
People all over the world love to eat baked things. Nigeria is
one of them. Before you start out it is vital garner all the
necessary information that you will need along the line. You
will need to go to a school that offers baking services if need
be. You will need other things too to get started.
8. Hamper Business
In Nigeria, there are seasons when the hamper trade is really
an all-time high. If you know you have the knack for gifts, then
you can look into starting a hamper business. You will need to
decide if you want to deal in already assembled hampers, or if
you want to be the one assembling it.
9. Film Production Business
Nollywood is one of the fastest growing film industries in the
world. Every often block buster movies are being churned out
and those who are the helms of affair when it comes to film
production are doing all they can to see that great movies are
produced. You too can join the bandwagon when you start a
film production business. You do not need any qualification to
join the train.
10. Graphics Design Business
If you are arts inclines and are looking for an arts related
business to start, then you can look into the graphics design
business. One of the good things about this business is that
you can acquire the skills that is involved from the scratch and
then expand on what you have learnt
11. Phone Repair Business
There is hardly any adult who doesn’t have a phone in Nigeria.
This only goes to show that the phone business and other
businesses surrounding it is really a worthwhile one. You can
garner the phone repair skills so that you can delve into the
huge market that is in existence.
12. Gym Business
Fitness has always been a source of concern to Americans,
and Nigerians have also caught the bug. This is because of the
high rate of cancer that continues to ravage people. If you are a
fitness and health enthusiast, then you can look towards
starting a gym related business. You will need to have enough
finance to equip your gym center.
13. Wine Bar Business
From clubs, to restaurants and even in homes, wine is usually
consumed. If you know that you are a wine connoisseur, or
are in love with wine, then you can look into starting a wine
bar business? You have to make sure that the location you
choose for this business is a good and promising one.
14. Internet Radio Business
If you are interested in going into the internet radio business,
then you should be conversant with the fact that it is a different
kettle of fish from the traditional radio business – especially as
the source for your internet radio business is a computer.
Before starting this business, you should know what topics
you would need to discuss to appeal to your target market,
and what kinds of business you would be concentrating on.
15. Transport Business
The population in Nigeria is huge and a lot of people are looking
for a good living. People move from one spot to another to
make ends meet. You can be the problem solver by starting a
transport business. Before you start, you will need to
determine if you want an interstate service or an intra-state
shuttle.
16. Jewelry Line Business
Sourcing for materials to use for your jewelry line business will
mean you looking for reliable suppliers and getting your
materials in bulk so as to cut down on overhead cost, and
make your jewelry affordable. You would also need to create
an inventory system for your materials so that you could be
alerted when they run low.
17. Mobile car wash Business
Mobile auto car wash eliminates the need for a physical
business location, therefore limiting start-up costs
considerably. Start a mobile car detailing business with
inexpensive supplies and tools and grow as needs arise. As a
mobile detailer, you will perform jobs in customer parking lots,
driveways and garages, giving you the advantage of visibility
for marketing purposes. The downside includes not being able
to work outdoors in inclement weather and the limitations of
having to travel with all necessary tools and supplies, including
large quantities of water.
18. Party Rental Business
A party rental business is indeed a good way to make extra
money and in the long run can turn into a lucrative, full-time
business. People love to have party in Nigeria, and there are
times when some party rentals might not give one what they
want. You can bridge the gap by starting a party rental
business.
19. Pizza Delivery business
Starting a pizza delivery business is a profitable business
venture, and can yield a high profit margin for any
entrepreneur who is serious about the business. With pizza,
you get to be creative as well as learn how to cook. You would
also need to be as creative as your mind can possibly conceive;
pizzas come with different options such as chicken pizzas,
Hawaiian pizzas, Italian sausage pizzas, barbecue pizzas, as
well as other traditional cheese, and hamburger pizzas.
20. Nursing Home Business
Home nursing businesses are a growing field with increasing
demand driven by an aging population. Today’s health care
offers more forms of surgeries, interventions, and elective
procedures–often leaving patients needing temporary home
nursing care.
In addition, members of the elderly population who don’t want
to leave their homes for an assisted living facility or nursing
home often elect ongoing home nursing care. For an
entrepreneur looking to get into the home nursing market,
establishing the business is usually more challenging than
finding a customer base.
21. Poultry farm Business
Starting a poultry farm might appear easy but starting it as a
business too is something entirely different. This means that
you are not only just a chicken farmer but an entrepreneur as
well. Starting this business you would need to define your
target market. And the part of the chicken industry you intend
to go into. The chicken industry has two main parts; Layers,
where the chickens bred also lay or produce eggs, or Broilers,
where chicken are bred mainly for meat.
22. Cosmetics Business
If you love beauty, then going into the cosmetics business is
one of your bet. For you to do really well in this business, you
will need to engage in some deep research. Why is this
important? This is important because you will need to learn
new things about the cosmetics industry that will help your
business.
23. Microfinance Business
If you have the capital or are sure to get well-meaning partners
to float your microfinance business, then you can look at
starting a microfinance business. You have to have a good
business plan to do this. A business plan will help you know
what and what to do per time.
24. Tailoring Business
The art of tailoring have been in existence from time
immemorial. This means that it didn’t just start recently. If you
have an eye for fashion, then you can begin to work on
delving into the tailoring industry. One of the good things
about this trade is the fact that you will beautify people for a
fee.
25. Insurance Agency Business-: The idea of creating a
niche to grow your book of business for insurance agents
is certainly not a new idea. However, It is often heard from
insurance agents wanting to find their niche market, but
unsure of where to start.
26. Tomato Farming Business
Starting a tomato farming business is a rewarding business
that is not too expensive to start up. However, before you start
your tomatoes business, find out what kind of tomatoes
people usually want. This information can be gotten from
those who supply seeds, as they will be able to tell you what is
popular and what isn’t. Also, they will let you know the
varieties that sell well; however, you will also need to ensure
that the seeds you finally pick will grow well in your climate.
27. Wood working Business
Starting a woodworking business is a great way to turn a
hobby you enjoy into a money-making venture. Wood items
are popular and make great decorations and gifts. But starting a
woodworking business involves more than creating wooden
objects. It requires research and planning particularly in
marketing and business management.
28. Agricultural Business
If you think that the idea of starting a commercial farming
business goes down well with you, then you can start an agric
related business. One of the things that you should have at the
back of your mind when you want to start this business is the
fact that you have to first of all come up with the crops that
move pretty well in the market.
29. Fish farming Business
Delving into the fish farming business means that you must
have knowledge about the business. Why is this important
you just might ask? This is especially important because you
do not want to come across as a dullard who is in business.
You can start out by carrying out a thorough research on the
internet .
30. Organic farming Business
A lot of people because of health reason are opting for only
organic products. These products take time to mature unlike
the hybrid counterpart. If you have a penchant for healthy
living, you may then consider starting an organic farm
business.
31. Shipping Company
The major factor that encourages to venture into this industry
is its viability as a profitable venture. The lucrative nature of the
industry is unparalleled and it’s indeed one of the few industries
in the world which has the highest number of turnover in
terms of profit and otherwise.
32. Real estate Investment Business
Real estate investment is a very attractive avenue for wealth
building, as there are few other business opportunities where
the potential for income is so high. However, it can be a very
risky endeavor to step out on your own and jump into a
volatile market. Navigating the financial and legal issues
surrounding real estate investment can be an incredible hassle.
Still, thousands of people are doing it every day and the smart
ones are coming out on top.
32. Electronics Repair Business
To start an electric repair business is simple and you will need
to learn all the ropes. An electric repair business has unlimited
profit potential and a low start-up cost. This industry boasts of
a lot of people who have done really well for themselves. In
Nigeria, people have continued to require the services of an
electrician.
33. Courier Service Business
There is a lot to be tapped from when you start a courier
service business. What is more, there is a lot of profit in this
business. If you think this is a type of business that you want
to start, then you must first and foremost get all your facts
together. After you have done that, then be sure to write a
business plan to guide you as you start out
34. Freelance Writing Business
It’s very possible to become either a full-time freelance writer
earning a living, or to be a part-time freelancer supplementing a
regular paid income. Another role is to simply do it for fun or
to build up a broader portfolio of skills. In this article, you’ll get
the basics on what it takes to ease your way into freelance
writing as a career or to be put properly, turn your writing
hobby into a career that doesn’t affect your day job.
35. Motherless Children’s Home Business
Homeless kids will always seek for refuge in places where they
are accepted. This is one of the reasons why you can start a
motherless kid’s home. This of course will float as a
nongovernmental organization, but in the process you will
make your own profit and get a reward for reaching out to the
needy people.
36. Arts and Crafts Business
If you have ever had a heart to heart business talk with a
business expert, chances are that you may have been
intimated on the point that being wealthy isn’t about working
and earning wages at the end of the week or month. It is about
having various streams of income. Being wealthy and
successful is no child’s play at all. As a matter of fact being
wealthy has a lot to do with how many businesses you have
and how much profit you are able to rake in after a period.
37. Clothing Store
The clothing store (boutique) industry comprises of small retail
stores that sells a limited range of clothing and accessories. The
industry is defined as single-establishment stores only. Clothing
stores (boutiques) can be strictly designer based (i.e. only one
designer’s collection is sold there), or they may sell a mix of
designers’ labels (brands) that are specifically catered to the
local market.
38. Chiropractic Business
There are several businesses that revolve around medicine.
This means that if you have the penchant for going into a
medical related business, then you may want to consider the
chiropractic business. This trade has been in existence for
centuries. You may want to consider this business by first
learning all that needs to be learnt before venturing into the
trade. This is o that you are not found wanting in any area.
39. Pest Control Business
If you are thinking of starting a business that can guarantee
you steady income, then one of your options is to consider
starting pest control business. Pest control businesses is a
business that is involved in removing or eradicating potentially
harmful insects, rodent and reptiles from, farms, commercial
and residential properties. These days more than ever before in
the world, more and more people are conscious of eradicating
things that might bring ill health to them. So you will find that it
is a very good business to start.
40. Screen Printing Business
The screen printing business is some kind of business that
anyone who wishes to make good money from should look
up to. This is because of the level of profit that can be acquired
in this trade. If you are looking to start this business, then you
have to be sure that you have ample time to learn the trade.
One of things that will make you stand out in this venture is the
level of know- how that you exhibit.
41. Gaming Business
There are a lot of people who love games. This should be one
of the things that should drive you. Starting a gaming business
requires that you first lean the ropes from those who have
gone before you. After you have done that, then you can begin
to look at how to set your own business up.
42. Fabric Business
The fabric business is a very wide one in Nigeria as there are
loads and loads of variety of fabrics. Before you begin to look
at starting operation, you have to be sure that someone who is
already doing well in the business is able to mentor you.
Mentoring is important so that you can start out well.
43. Auto-Repair Shop
All over the globe, the auto repair business is such that is
important. This is because of the need to have cars fixed. One
of the things that must be done before even commencing this
type of business is learning all that is required to be known in
the auto repairs business. This means that you will be required
to go and garner some good skills in this light.
44. Aquaponics Business
If you have been looking to start a business that is agriculture
related, then you may want to consider starting an aquaponics
business. This is one area of trade that sure can guarantee
good returns on your investment. However, just before you
begin to build this business, it becomes expedient that you
garner all the knowledge and skills that you are required to, so
that you do not start out on the wrong footing.
45. Funeral Home business
If you are in need of a business that will always provide
services that would never go into extinction, then delving into
the funeral home business should be a business you need to
consider. Although most people would rather do some other
form of businesses rather than opt for funeral business
because of its delicate and emotional nature. However, fact
remains that this business is a money spinner and it will
always stand the test of time.
46. Pizza business
Pizzas can make a pleasant meal. In fact there are people who
are addicted to it. They could have it over and over again. This
is why those who are in the business have continued to make
good money. Opening a pizza business might be one of the
best moves to make. This is hinged on the fact that there are a
whole lot of people who are into the consumption of it. Starting
a pizza business doesn’t cost a fortune, as you can start with
some small amount of cash and then grow with it.
47. Solar panel repair business
The solar panel repair business isn’t for everyone. This is
because it has a very technical aspect that requires lot of
patience and handwork. If you do not have a penchant for
technology, then you may want to look elsewhere. However, if
you do have a passion then you will excel in this trade.
48. Consignment Business
The consignment business dates back from time immemorial.
It is a very profitable business that can guarantee nearly a 100
percent profit. It is pretty easy to start and it doesn’t require an
expertise. All you need to do is have zeal to want to pursue the
business.
49. Cupcake Business-: There are cake addicts all over the
globe and Nigeria isn’t left out/. As a matter of fact it is one
of the countries where cakes are consumed. Therefore the
American market would serve a great m
50. Boutique Business-: Despite the hardship that may loom
in Nigeria, people just love to look good. You can
therefore, cash in on this and start a boutique business.
You will need to determine where the things you want to
deal in would be sourced from.
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