Best Business Ideas In Nigeria
- What business can I start with 300K in Nigeria?
- What business can is start with 500k in Nigeria?
- Business ideas to invest with 500K in Nigeria?
- How can I invest 300K in business In Nigeria?
These are some of the numerous questions people have been asking for many years. They want to invest their money wisely that’s why they are so desperate to know the kind of business to start with such an amount of money in Nigeria and make a good return.
The truth here is that Nigeria is a testing ground for any kind of business and if you are committed to your business you will surely make it big in this country. There are lots of untapped businesses in Nigeria that will yield good results if you give them a try.
So in this post, we will be looking at the top business ideas one can start with 300k or 500k and make good profits. Before we dive in, I want you to know that the business ideas contain in this post are not a quick money making a machine that you will start today and make millions tomorrow. If you are looking for such business ideas, please kindly leave this post and search somewhere else.
Farming is one of the lucrative business sectors that Nigerians tend to ignore every passing year and those in the business already are making millions upon millions with little investment.
If you want to make a good amount of money then you should consider going into farming. This opportunity will be best for those that live in the Northern part of Nigeria because there is enough fertile land at an affordable price. You can buy 5 plot of land in most Northern part of the country at a very cheap price.
Below are some of the best Farming Business You Can Invest With 300,000 Naira & 500,000 Naira in Nigeria.
Poultry Farming: The demand for eggs, meat is on the rise because of an increase in Hotels, restaurants, fast food joints, occasions, and celebrations. And also there are domestic needs for all these things because of the baned place on their importations.
Now imagine how much you will be making if you invest fully in Poultry Farming. You can grow birds for meat consumption and you can also grow them for egg consumption. All this will take time before they will start yielding good results.
Fish farming: In Nigeria, it’s difficult to find a vegetarian. Even those that claimed they hate meat actually eat fish behind closed doors. The demand for fish is higher than the supply that’s why the federal government keeps importing fish in other to meet the demand of her citizens.
Do you see that untapped business that will fetch good incomes right now in Nigeria? You don’t need to have a higher capital before you can start fish farming in Nigeria. All you need is a pond, water accessibility, and a good breed for the fish to survived and grow.
It doesn’t matter where you stay or your location. You can set up a Bookshop anywhere in Nigeria with 300K-500K. The only problem in this kind of business is getting a shop where you can put all the books.
Getting shop in some parts of the State is expensive however you can still do this business by getting a supplier that will help you to distribute these books to students on campus and off camp. To succeed in this business venture you will need to apply lots of wisdom. Only buy books whenever it’s needed.
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EVENT RENTAL EQUIPMENT
This type of business involved renting out equipment such as canopies, chairs, and tables to the event planner. You can buy some of this equipment at an affordable price and rent it out to gain back your investment and to also make profits.
BUILDING MATERIALS RENTALS
Apart from event rental, you can also rent out building materials to start up a building construction company that doesn’t have all this equipment yet. This can include block making machine, mixer, pan, and so on.
It’s true we are living in the Digital World but still, people also find it hard typing and printing their own homework or official work. That’s why they visit the business centre to solve their slow typing problem.
Not just that, Jambites and admission seekers also visit business centres to help them apply for admission or change of course. There is so much work you can do in a business centre in Nigeria.
Starting this business requires some equipment which is not that expensive. With 300,000 Naira or 500,000 Naira, you can purchase good working equipment like Computer, Printing Machine, Photo Copy Machine, and Lamination Machine. You can check the cost of all this equipment on Jumia or you can import them from China online.
DRY CLEANING SERVICES.
In rural areas, you will find out that most Dry Cleaning Services there are not working. You will give them your clothes only for you to come back and still meet it the way it was.
Now you can make a change. Open a professional Dry Cleaning Services in such an area and watch it boom in no time. All you need is to get a good washing Machine which some of them cost around 45,000 Naira on Jumia and you can also buy an Electric ion at an affordable price starting from 3500 Naira on Jumia Nigeria. You can even start the business from the comfort of your home and scale it up.
This kind of business can only thrive in a big city. All you need is to look for a good location that has water accessibility and set up your car wash there.
Opening a Gift Shop is not that expensive in Nigeria. With the sum of 300,000 Naira, you can set up a gift shop where you will be selling gifts items to people that they will present during a wedding, cooperate occasions, Thank you gift, and so on.
These are the best business you can start with 300,000 Naira or with 500,000 Naira in Nigeria and make good profits. Now I want you to do me a favor if you enjoy this article. Share it with your friends and let’s turn this post into a discussion. Use the comment box if you have any questions to ask.