What Business Can I Start With 20k – 20 Small Business Ideas You Can Start With 20,000 Or Less And Get High Profits!!! – Investment –
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What Business Can I Start With 20k
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Profitable Businesses To Start With 10k In Nigeria Online & Offline
20 Small Business Ideas You Can Start With 20,000 Or Less And Get High Profits!!! by girlfromafrica: 01:39 PM August 19, 2016
There are hundreds of small businesses thriving in Nigerian society today. Some of these small businesses are already bringing hundreds of thousands of naira to your neighbors and peers.
It’s time to wake up and smell the coffee! Instead of waiting all year for a white-collar date that might not even happen, here are 20 small businesses you could start with little capital while waiting for your dream job. You can start all of these businesses with 20,000 Naira (about $70) or less.
The top-up cards you use are mostly not printed by the big telecom giants you subscribe to. They are printed by ordinary people like you. If you do your research right, you can start this business with as little as 20,000.
Businesses You Can Start With 50,000 Naira In Nigeria
Many Nigerians cannot afford new computers, laptops or televisions. You could open a store that collects used laptops and TVs and then resells them for a higher price, after refurbishment. Don’t see it as difficult, a lot of people are already doing it. The first step is to get a store or space, the rest comes with diligence.
Much like the small business above in #2, this one involves little to no skill. It can be practiced by anyone, including students. The return on investment is almost guaranteed. Again, diligence is key. However, I would advise you to do thorough research on how to tell ‘cheap’ from ‘bad market’.
Cyber cafes are out of fashion, it’s true. But students still need to register for JAMB, WAEC, NECO, post-UTME, etc. People who are not digitally savvy also need to register for several things online, including the all-important national passport. This is where you come in. This small business can be started right around the corner from your home.
During the harvest season in Nigeria, foodstuffs such as beans become very cheap. You can take the opportunity to buy, store and keep them for resale during the planting season. First you need to have storage space.
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Rice, especially local rice as well as garri, is cheaper in some states of the country than in others. You can start a business buying and selling these food items with as little as $20,000. However, you have to commit to making it work because it requires a lot of logistics.
Small-scale fish farming is easy to start and requires little capital. You can start this right in your garden with a large pond, some fingerlings that can fit in it, and some fish food. However, I advise you to do thorough research first.
Just like fish farming, small-scale snail farming is also lucrative. However, it requires you to take your time to figure out how it’s done first.
This one requires a bit of skill but also promises a high return on investment. You can start with a few chicks and a makeshift cage in your garden.
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“My best advice to entrepreneurs is this; forget to make mistakes, just do it. – Ajaero Tony Martins
#Tip: These small business ideas require planning and lots of patience to grow into profitable businesses. Don’t be afraid to fail, do it!
No matter how many dry cleaning shops there are, still more are needed. You can start with home dry cleaning for neighbors. Get a business card and hand it out. Start with a manual wash if you don’t have a washing machine; no one cares as long as their clothes are clean, ironed and smell good. Make your business stand out and you will excel.
Re: 20 Small Business Ideas You Can Start With 20,000 Or Less And Get High Profits!!! by ReneeNuttall(f): 2:09 PM August 19, 2016
What Business Can I Start With $20k?
Re: 20 Small Business Ideas You Can Start With 20,000 Or Less And Get High Profits!!! by Person: 5:59 p.m. on August 19, 2016
Re: 20 Small Business Ideas You Can Start With 20,000 Or Less And Get High Profits!!! by MrBlazy(m): 9:29 PM August 19, 2016
Rent a store with #20,000 and start selling heavily used TVs? Op please go back and do your homework well.
Re: 20 Small Business Ideas You Can Start With 20,000 Or Less And Get High Profits!!! by girlfromafrica: 9:35 PM Aug 20, 2016
Small Business Ideas You Can Start With 20k Or Less And Get High Profit!!!
: Rent a store with #20,000 and start selling heavily used TVs? Op please go back and do your homework well.
You can sell in an online store or rent an open space. Last time I tried to rent an open space in Lagos the charge was just over 1000 per month
Re: 20 Small Business Ideas You Can Start With 20,000 Or Less And Get High Profits!!! by winnah(m): 8:41 am on Aug 21, 2016
: There are hundreds of small businesses thriving in Nigerian society today. Some of these small businesses are already bringing hundreds of thousands of naira to your neighbors and peers. It’s time to wake up and smell the coffee! Instead of waiting all year for a white-collar date that might not even happen, here are 20 small businesses you could start with little capital while waiting for your dream job. You can start all of these businesses with 20,000 Naira (about $70) or less. #1 Tech Companies Charging Card Printing The charging cards you use aren’t typically printed by the big telecom giants you subscribe to. They are printed by ordinary people like you. If you do your research well, you can start this business with as little as #20,000. #2 Selling Fairly Used Computers and TVs Crowds of Nigerians cannot afford to buy computers, laptops or laptops. new televisions. You could open a store that collects used laptops and TVs and then resells them for a higher price, after refurbishment. Don’t see it as difficult, a lot of people are already doing it. The first step is to get a store or space, the rest comes with diligence. #3 Sell fairly used phones Much like the small business above in #2, this one involves little to no skill. It can be practiced by anyone, including students. The return on investment is almost guaranteed. Again, diligence is key. However, I would advise you to do thorough research on how to tell ‘cheap’ from ‘bad market’. #4 Mini cyber cafe Cyber cafes are out of fashion, it’s true. But students still need to register for JAMB, WAEC, NECO, post-UTME, etc. People who are not digitally savvy also need to register for several things online, including the all-important national passport. This is where you come in. This small business can be started right around the corner from your home. Food Businesses #5 Storing and Selling Beans During the harvest season in Nigeria, foodstuffs such as beans become very cheap. You can take the opportunity to buy, store and keep them for resale during the planting season. First you need to have storage space. #6 Buying and reselling rice or garri Rice, especially local rice as well as garri, is cheaper in some states of the country than in others. You can start a business buying and selling these food items with as little as $20,000. However, you have to commit to making it work because it requires a lot of logistics. Livestock #7 Fish farming Small-scale fish farming is easy to start and requires little capital. You can start this right in your garden with a large pond, some fingerlings that can fit in it, and some fish food. However, I advise you to do thorough research first. #8 Snail Farming Just like fish farming, small-scale snail farming is also lucrative. However, it requires you to take your time to figure out how it’s done first. #9 Poultry Farming This one takes a bit of skill but also promises a high return on investment. You can start with a few chicks and a makeshift cage in your garden. “My best advice to entrepreneurs is this; forget to make mistakes, just do it. – Ajaero Tony Martins #Tip: These small business ideas require planning and lots of patience to become profitable businesses. Don’t be afraid to fail, do it! Service Companies #10 Dry Cleaning No matter how many dry cleaning shops there are, there needs to be more. You can start with home dry cleaning for neighbors. Get a business card and hand it out. Start with a manual wash if you don’t have a washing machine;
