Businesses to start up in Nigeria with less than a 100k

Recharge Card Retail/data subscription Recharge card printing is the best answer to the question; which business can I start with 50k or less in Nigeria?

Most startups who owned a laptop reported a capital as low as 10k. By the way, all you need to start printing and selling recharge cards are; a laptop, a valid email ID, printout machine, software for de-encrypting pin codes, and a recharge card printer.

Read more: Want to Succeed in Business? Read “Lean Business Planning”

With these resources, you may also include data subscription in what you do. Animal feed retail Almost anybody can learn how to start animal feed business in Nigeria .

You don’t need special knowledge and it’s a lucrative business with high demand and less work. All you need is a profit-oriented mind, a space for your shop and a connection with some of the best suppliers/distribution networks.

Needless to say, this is the right model if you are in Lagos and looking for what business you can start with 100k in Lagos.

Video Gaming Shop A used Sony PlayStation that comes with two-player pads falls between the price of #48, 000 and #50, 000 on Jumia and you just need one.

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You may just spend the rest of your 100k capital on a power generator and a rental fee of a video gaming room. I believe you are already aware of how much time and money people spend playing games these days. Viewing center There’s apparently no man on earth today with no favorite football club or a favorite sport.

Except maybe you! The most obvious fact that people prefer watching football matches in viewing centers with their club friends then leaves you with a lucrative business. Especially if you’re urban area-based. It will surprise you on finding out you don’t need to spend more than half your 100k capital to get started.

Computer accessories/gadgets retail Have a thing for gadgets? Your passion may get you rich if you could open a computer accessories retail store around the street.

You can start small, reinvest your capital and profit and grow over time. Aside from being the best business for 100k capital, you may as well include phone recharging in your venture. Hairdressing and Barbing Saloon Why I have put these two businesses together is the similarity between them.

All things equal you may go for just any one of the two you’re convenient with. And you may equally go for the two even with no hairdressing or barbering skill in as much as there are people out there ready to work under you for a fee.

All in all, they are two lucrative businesses with less than 100, 000 capital and you can always expect sales to be through the roof, especially in a city like Lagos/Aba/Anambra/Kano. Fashion/wears/accessories Look around and see how constantly people including yourself are patronizing boutique shops.

These shops are never going out of business not even when the country’s economy has a snag.

Why? It is simply because people are never wanting to miss out on the fashion trends. This business is one of the businesses to start during a recession.

Video renting shops Aside the issue of pirating movies and the troubles you can run into out of carelessness, starting your own video renting shop may get you living comfortably in no time. And side note is, being a video film retailer has much more money than just renting movies out for a fee. But there’s nobody stopping you from managing the two.

And you won’t spend more than 100k starting up with a small container shop. Laundry Business In cities like Lagos, Aba, Awka, Abuja, Kaduna, Abeokuta, and Ibadan, people have busy lives.

Time is always moving fast ahead that it gets so hard to create time for such thing as laundry. As a business person, you should be seeing a good opportunity here.

Fruit Juice Making This is for you if managing a large scale business is not a problem. You also need to man up to leverage your managerial skills and be a better risk-taker than you are of recent. Painting Business This may be skill-demanding but it takes as much dedication you may have to throw into any other business to be a skilled painter.

And it doesn’t end there. For you to be a successful painter you may want to learn how to be persuasive, how to meet potential clients and earn a lifetime working relationship with them. So here, much of your capital is invested in educating yourselves in these things.

Foodstuff Retailing Do you have a knack for selling stuff without burning through your capital? Foodstuff retailing is an easy-to-start offline business with 100k capital in Nigeria though management-demanding.

Once you have a shop and a networking with some good foodstuff distributors around you, you will start multiplying your profit steadily though it takes time. Barbeque Business You know how busy the barbeque shop down the street is especially at night. Gone are the days when selling steak is a thing of bars.

Today, as long as you live in a city where people enjoy night outs eating roasted meats with friends, your barbeque business may just be a calling. Just learn how to prepare special barbeque, get a corner kiosk and start making money daily.

Fish and Snail Farming Farming, whether planting of high demand crops or keeping of livestock, is a thing of the hardworking. So it is advisable to think over it before venturing into it or you’ll find yourself out of business in the next few weeks.

The work and time it takes aside, farming is a multimillionaire industry with a score of branches. Aliko Dangote is proof. However, the most lucrative agricultural business you can start with 100k capital in Nigeria today is fish and or snail farming . Event Planning And Management Here’s the last on my list of the top offline businesses you can start with 100k in Nigeria.

Event planning is a bit wide and one of the hottest businesses today globally but how do you get started? First off, choose your scope, learn how things are done in your chosen area, draw a business plan, establish partnerships, get registered, create your brand and market yourself.