Most profitable business in nigeria with low capital

Most profitable business in Nigeria with low capital

There are lots of businesses you can start in Nigeria at the moment, and having the right capital to finance it has always been a challenge for many Nigerians.

If your dream is to start a business but doesn’t have the right start-up capital for your business. The good news for you is that there are lots of businesses that require little or no capital to start.

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Then this post is your dream come true because this article will help you figure out the best profitable business in Nigeria to start with low capital.

There are lots of young start-up entrepreneurs who now have their businesses, with just a little capital, boom they are now self-employed and even gaining more than those who are self-employed.

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Check out the most profitable business in Nigeria with low capital.

How about starting a small profitable business in Nigeria this year, this is the best time to start a small-scale business.

The good news is that you don’t need to break your bank account before you can start a small profitable business in Nigeria. You don’t need big cash to start your small-scale business.

All you need is a great business idea, a good plan and the right ambition and motivation to kick-start your profitable business with low capital.

1. Small chops food business (Catering)

Starting a small chop business is a very good business that does not require lots of money to start. Aside from serving them on occasion, small chops have now become an everyday snack for many Nigerians.

Most profitable business in Nigeria with low capital

We now desire to eat light snacks before or after our main meal. As the craving for quality snacks increases, so also is the need for them increasing. That creates the right opportunities for you to start your small business as a caterer.

Also, read 5 Reasons Why Your Business Needs a Website

Once you are popular and are in a strategic position, that’s a business boom for you. One good thing about this business is that it’s in demand even when there are lots of people offering the service.

The secret to succeeding as a caterer is for you to be creative and have the right packaging for your products.

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2. Graphics design

Graphics design is one of the most profitable business in Nigeria with low capital, because you may not need a physical space to start.

Having a good knowledge of graphic design will be a good start on your journey to saying bye-bye to poverty. It is really easy to learn and once you have mastered it, it becomes a sure way to earn money.

Most profitable business in Nigeria with low capital

Before, you can start making money from your skill as a graphic designer, you should have mastered the skills and tricks involved. You must be creative in your designs.

Do share your works on your social media platforms such as Facebook, WhatsApp, Instagram and others, this will help you build your fan base, and even get more customers.

3. Poultry farming

Poultry farming is one of the most profitable business in Nigeria with low capital. This business has no particular selling seasons, as you can sell them every week.

Most profitable business in Nigeria with low capital

Every product from your poultry business is useful. Chicken are bred for their meats and eggs, you can either eat them or sell them. Since they are in high demand in society.

Also read: Poultry business plans in Nigeria

To start this business, you only need a sum of money to buy your chickens, a bag of feed and drugs. You can also get their feed locally from leftover foods if you wish.

With just N20,000 to N40,000, you can start a poultry business in Nigeria.

4. Recharge card printing/ sales

On a good day, an average Nigerian buys a recharge card daily, so you can now calculate how lucrative the business is. The recharge card business is in of the most profitable

Most profitable business in Nigeria with low capital

in Nigeria with low capital.

To start you must register with a recharge card printing company, to buy a pin from them which you will use to print the recharge card.

You don’t need much to start your recharge card printing business, with a laptop, an active email and a printer. Then business is set.

This business is lucrative and steadily generates wealth since it’s been sold daily.

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5. Make-up service 

This is one of the most profitable businesses in Nigeria with low capital, and it is a trending and thriving business in Nigeria at the moment.

You don’t need a space to start, you can start your makeup business in your room, provided you have the right skills and complete make-up tools.

You can make up to #300,000 per month from this business. The secret to success is your position, once you are in a strategic position you are good for the business.

6. Fashion Designer

Fashion is one of the trending talk in Nigeria at the moment because everybody wants to look good. Making it one of the most profitable businesses in Nigeria with low capital in Nigeria.

You don’t need much money to become a fashion designer, once you have learned how to sew good clothes, then you are good to go.

All you need is the required sets of machines, a good client base and a good marketing strategy.

Conclusion

There are lots of low-budget businesses you can start in Nigeria, most of which are profitable. With as little as N80,000, you can start any of the above-mentioned businesses.

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As the rate of unemployed youths is still increasing daily, you can stay in your own business to sustain yourself. You can even employ other youths once the business becomes profitable to support many workers.

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James

Am a tech enthusiast who loves sharing tech tips and how to do step by step tutorials.