Quick Peek:
Looking to start a business in Nigeria with a low investment of just 20,000 Nigerian naira (around $50)? Lagos-based website Naijaloaded has compiled a list of 20 potential ventures, including bedsheets and bedding production, popcorn machines, home cooking and delivery, online tutorial classes, phone accessories, shoe and bag sales, perfume sales, online stores, barbershops, photography, graphic design, event planning, online marketing, content writing, makeup artistry, laundry, car washes, delivery services, daycare, and cleaning services. With a little creativity and hard work, aspiring entrepreneurs can turn their dreams into reality.
20 Businesses You Can Start with 20k According to Lagos
Are you looking for a business idea that requires a low investment but has the potential to generate high profits? Look no further! In this article, we will share with you 20 business ideas that you can start with just 20k according to Lagos.
Bedsheet/Beddings Production
One of the businesses you can start with 20k is bedsheets/beddings production. All you need to do is pay a visit to Lagos Island or Oshodi, where they sell bulk materials. Pick good designs and find the guys who will sew it for you within the same market. With a little marketing, you can sell your bedsheets/beddings to hotels, hospitals, and individuals.
Popcorn Machine
Another business idea you can start with 20k is a popcorn machine. With a popcorn machine, you can make and sell popcorn at events, cinemas, and schools. All you need is a good location and some marketing skills to attract customers.
Home Cooking and Delivery
If you love cooking, you can start a home cooking and delivery business. You can cook meals for busy individuals and families and deliver them to their doorstep. With social media and word of mouth, you can quickly grow your customer base.
Online Tutorial Classes
If you have expertise in a particular subject, you can start an online tutorial class. You can use social media and other online platforms to advertise your services and attract students. With online tutorial classes, you can reach students from all over the world.
Phone Accessories Business
Another business idea you can start with 20k is a phone accessories business. You can buy phone accessories in bulk and sell them at a higher price to individuals and retailers. With the high demand for phone accessories, this business has the potential to generate high profits.
Sales of Shoes and Bags
If you have an eye for fashion, you can start a business selling shoes and bags. You can source for trendy shoes and bags and sell them at a higher price to individuals and retailers. With good marketing skills, you can quickly grow your customer base.
Sales of Perfumes
Perfumes are always in high demand, and you can start a business selling perfumes. You can buy perfumes in bulk and sell them at a higher price to individuals and retailers. With good marketing skills, you can quickly grow your customer base.
Online Store
Another business idea you can start with 20k is an online store. You can start an online store selling products that are in high demand, such as fashion items, electronics, and household items. With good marketing skills, you can quickly grow your customer base.
Barbing Salon
If you have barbering skills, you can start a barbing salon. You can rent a small space and set up your salon. With good marketing skills, you can quickly attract customers.
Photography Business
If you have photography skills, you can start a photography business. You can offer photography services for events such as weddings, birthdays, and corporate events. With good marketing skills, you can quickly attract customers.
Graphic Design Business
If you have graphic design skills, you can start a graphic design business. You can offer graphic design services for businesses, individuals, and organizations. With good marketing skills, you can quickly attract customers.
Event Planning Business
If you have event planning skills, you can start an event planning business. You can offer event planning services for weddings, birthdays, and corporate events. With good marketing skills, you can quickly attract customers.
Online Marketing Business
If you have online marketing skills, you can start an online marketing business. You can offer online marketing services for businesses, individuals, and organizations. With good marketing skills, you can quickly attract customers.
Content Writing Business
If you have content writing skills, you can start a content writing business. You can offer content writing services for businesses, individuals, and organizations. With good marketing skills, you can quickly attract customers.
Makeup Artistry Business
If you have makeup artistry skills, you can start a makeup artistry business. You can offer makeup services for weddings, birthdays, and other events. With good marketing skills, you can quickly attract customers.
Laundry Business
If you have laundry skills, you can start a laundry business. You can offer laundry services for individuals and organizations. With good marketing skills, you can quickly attract customers.
Car Wash Business
If you have car wash skills, you can start a car wash business. You can offer car wash services for individuals and organizations. With good marketing skills, you can quickly attract customers.
Delivery Services
If you have a car or a bike, you can start a delivery service. You can offer delivery services for individuals and organizations. With good marketing skills, you can quickly attract customers.
Daycare Business
If you love kids, you can start a daycare business. You can offer daycare services for busy parents. With good marketing skills, you can quickly attract customers.
Cleaning Services
If you have cleaning skills, you can start a cleaning business. You can offer cleaning services for individuals and organizations. With good marketing skills, you can quickly attract customers.
In conclusion, starting a business with 20k is possible. With the right business idea and good marketing skills, you can quickly grow your business and generate high profits. Choose a business idea that you are passionate about and start your entrepreneurial journey today!
References for « What good business can I start with 20k? »
- « 50 Business Ideas to Start at University »
- « 20 Cheap Businesses You Can Start in Your Spare Time »
- « The 10 Best Small Business Opportunities of 2021 »
- « 7 Business Ideas That Won’t Break the Bank »
- « Start Your Own Business: The Only Startup Book You’ll Ever Need »
A video on this subject that might interest you:
#smallbusinessideas
#entrepreneurship
#startupfunding
#20kinvestment
#businessowner
TO READ THIS LATER, SAVE THIS IMAGE ON YOUR PINTEREST:
