Entrepreneurship has become a growing trend presently in Nigeria. Basically due to the high rate of unemployment among graduates and school leavers in the country. Most people believe that you need a huge capital for you to venture into the entrepreneurial sphere but that is not the case.
Below are 10 businesses you can start in Nigeria with little capital.
If you are intelligent and can impart knowledge in others, you can start a tutorial where you charge people daily, weekly or monthly depending on your choice. The only capital you’ll need is a little money to buy chalk and duster. You can easily get a venue by negotiating with schools in your environment and pay them at the end of the month when you would have collected your dues.
2. Selling of sachet water
No, you won’t be hawking the sachet water. You can start this business by selling to those hawking it at a lower rate. All you need is a supply of iced blocks to make sure your water is always cold. Before you realise it they’ll start trooping to your place due to the reduced price and availability of the cold sachet water. This means more profit for both you and the sachet water hawkers.
3. Event planner
most people don’t have the time and strength to plan their own events, be it birthdays or wedding. You can take the responsibility off their hands by offering to help them organise it for a fee. You must possess great organising skills before you venture into this type of business because your reputation will go a long way in affecting your profits.
4. Make-up artist
make-up artists are in great demand currently in the country. you can offer to make people up for a fee. Of course this is after you must have gone through specialised courses and have mastered the art of make-up.
5. Charging of phones
Nigeria is a country with an epileptic power supply. You can take advantage of this by helping people charge their phones for as little as 50 naira. All you need is a generator and a board of sockets and your are good to go.
6. Soap making
this business requires little capital to start. After learning the vocation you can start producing soaps, especially the one used in washing dishes. You can distribute it to retailers who will sell it for you.
7. Renting of bicycle
you can purchase second hand bicycles and use it to rent. People love having fun by riding bicycle in their spare time. You can explore this opportunity and make money from their enjoyment.
8. Frying of pastries
if you are good in frying puff-puff and chin-chin, you can explore this avenue by frying them and packaging them in containers that will make them look attractive. People will definitely patronise you if your pastries tastes good.
9. Creation of websites
we are in a digital world and most businesses want people to be able to access them online. If you possess this skill, you can approach such business and offer to create their website for a fee.
10. Content writing
we are in a world where writers are currently in high demand especially by bloggers and other major information outlets. If you are a good writer with flair you can sell your services to these information outlets and make good cash.
Well, those are the 10 business you can start with little capital in Nigeria. You don’t need to have millions in your account before embarking on any of the above business. So start little and grow into an empire.