These are a dime a dozen of practical business ideas in Nigeria that any serious person can start even with small money and conveniently end up with more than enough cash to cater for his needs.
Nigerians are not lazy people as some wrongly assumed. The only problem that is affecting most Nigerians is the inability to sit down and properly think out their ways and come up with good business ideas. Start the business and run it well to attract the needed investors to push the business to the next levels.
There are more than enough business ideas in Nigeria scattered all over our road ways, waiting to be tapped. The problem is that people are closing their eyes on these business opportunities, preferring to go to another country to do all kinds of menial and demeaning jobs. We also wait right here at home only to have the foreigners employ us to work for them in our own country for business ideas we would have explored. What a shame! What that simply means is that our eyes are closed to the business ideas in Nigeria that we are being surrounded with.
As we can all see, another year has just begun and if nothing is done about it, believe me, it will be another story filled year. We don’t want it to be that way. That is why I am bringing to you these top business ideas in Nigeria that is guaranteed to make you serious money this year.
List Of 14 Business Ideas In Nigeria To Start
1. Business Consultancy
What does it really take to start consulting for both big and small businesses all over the country? When you sit down and give some careful thoughts to what various businesses are going through, many of which are at the brink of collapse. Then you will realize there is a lot you can do by way of advice, training, and tips to help some of these businesses survive. If you are good at it, you can charge good money doing it. That is called consulting.
Do you know that you can take it upon yourself to understudy the various aspects of the businesses and set up a consulting firm as a guru? This is a viable business idea in Nigeria, especially for the graduates who are roaming the streets looking for the jobs that are nowhere to be found.
2. Honey Business
Do you know that you can actually start honey business with less than N50,000 and grow it to become a multi million naira business? Keep visiting this site as we are sure to provide you with step by step guides on how to make millions with honey business.
Some of the most popular means of making serious money from honey business is to start your own honey farm. It is no difficult to start and anyone can do it.
3. Farming Business
Whenever farming of any type is mentioned, the next thing that usually come to the minds of the young people is that this is for the elderly and uneducated villagers.
The earlier you discard such reasoning, the better. Young graduates in Nigeria are living their dreams doing one form of farming or the other.
Countless types of farming has been covered on this platform. Take enough time to conduct further researches on any of them and see for yourself that farming is no longer for the poor, rather, it is now for the rich.
4. Printing Business
This is very wide and anyone interested in printing business idea in Nigeria has a choice as to which aspect of printing to go into. Printing on T shirts, Umbrellas, Cars, ID and business cards are all printing business.
You can setup you own small printing press or serve as a middle man to help others fulfill their printing requirements while charging for your services. All you need is to master how printing business work, the right amount to charge on all kindly of works, and where to get those stuffs printed.
Become a freelancer in the printing industry by setting up a kiosk and place advert there for people to bring their jobs while you take it to any printing firm of your choice. Having a graphic designer standby will be added advantage for you.
5. Paint Making
This business idea of Paint making is another secret business that many don’t even know exists. Paint making can take care of your basic expenses and secretly turn you into a big time millionaire.
All that is required is getting some basic training from reputable paint makers. You can start your own paint making business in Nigeria with less than N100,000 and gradually grow it to become a big paint company.
6. Liquid Soap Making
Each time I come across house wives, boys, and girls that are making cool deal with liquid soup productions, I often marvel at the great potential that exist in liquid soap business idea in Nigeria. It is not no more a secret that you can actually produce that same detergents that you spends money to buy and even sell to others and make your own money.
7. Recharge Card Business
The general notion about recharge card is that it is not lucrative, just an exchange of money. That is WRONG. With recharge cards, houses are being built, cars are being bought. Those doing it rightly are living the comfortable life of their dream.
If you really want to make money from recharge cards business, an expert says, “don’t limit yourself”. When probed further on what he meant by that, he said that many people do it wrongly by depending on retailing instead of exploiting other avenues therein such as printing and distributing to others at less profit which adds up with your own profits over time.
8. Bead And Hat Making
This is a handiwork that some students are using to pay their school fees and are even sending money home to their parents. Some nicely designed beads can go for up to N6,000. This is from what you didn’t even spend up N1,000 in buying the materials. Ask the bead makers and you will be surprised at what they make.
9. Private Coaching
With your expertise on those subjects, you will excel in coaching business. Do you know that you can exchange your knowledge for cash? Get up and start paying yourself by building the upcoming lads up with the knowledge you got from school. Run a private coaching for at least 4 school children in a month and see what you make.
10. Sales Of Used Items
This has a wider appeal and includes so many things you can think of. You can go into used shoes known as Okirika shoes, clothes, and even bags. There is plenty of money to be made in used items business in Nigeria.
Used items business is a profitable small business idea in Nigeria. One can go into the business, either in a small or scale, making good money is 100% guaranteed. Most of these second handed goods has been found both to be cheaper and stronger than the fake brand new ones in the market.
11 Laundry Services
Laundry business idea in Nigeria is what you can start small and grow into big business that could eventually come employer of labour. Going about asking friends to give you their clothes to wash is not a business that is never heard of. You can start that way with little or no money.
12. Food Stuff Delivery
You may not necessary own a shop of your own but if you do, that will be an added advantage. All it requires is for you to run affiliate with a big shop owner. Collect goods from them and supply to your customers. Take your profit and repeat again.
Sometimes, even your customers and others may not even know that you doesn’t own a shop of your own. This business idea is all about being smart and think out what really works for you as person.
13. Makeup Artist
This is another business that those who know about it are making more than enough money from.
14. Internet Blogging
Without mincing words, if done right and given the commitments that it requires, blogging can take you to any place you want to go in life. Blogging is not a quick way of making money but rather a sure way of building a life time income if you don’t mind.
15. Poultry Business
This business is making average Nigerians rich. It is so lucrative that even outsiders are coming in to invest in poultry farming the business in Nigeria. And why not, In a country of more than 150 million people, what would you expect? If you start with 1,000 birds and manage your poultry farm properly, when the turnover on investment begins to come, you will be making up to N30 million annually.
In all the businesses covered in this post, one thing that is sure about any one of them is that you are sure to make money from it if you are serious with it and follow the guidelines.
In conclusion, don’t forget age long principle. Developing any business ideas and turning it into a wealthy empire requires experience, creativity, and time.