a lot of businesses ideas and business opportunities abound worldwide, especially in Africa, especially Nigeria.
When starting a business, it is important to look for business ideas that have the possibilities to make your startup successful; you would do well to seek business ideas in industries with high growth potentials and profitability. One that your team and strength as a startup can effectively execute.
Are you looking for new ways of earning money? Check out a list of 100 business ideas, especially in Nigeria. While this list was created with Nigeria in focus, the business ideas are in no way limited to Nigeria.
It is a list of Untapped Business Ideas and small scale business ideas in Nigeria to start with 5k 10k 20k 30k 40k in Nigeria. Overall, please note that it is no child’s play starting a business in Nigeria.
Your first step to starting a business is to register your business, in Nigeria, you would need to register with the CAC. Kindly take your time to at least learn how to register a business name in nigeria; lets jointly make corporate governance a business culture in Nigeria.
Here is Our List of Highly Lucrative Business Ideas for Startups
Contents
Conclusion
Making money is easy, it starts with just one simple yet very important principle – The desire to make money and the faith in yourself to make money.
A lot of people want to make money but lack this fundamental principle, so they look for the easiest of ways out of their quagmire – they engage in many unholy and unhealthy things just to make money.
This article is an answer to your question. It is packed with a lot of business ideas to help you make money. Some, with as low as N30,000 you could be smiling to the bank at the end of about 3 months of dedicated work on the idea you choose.
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You may, like so many others who read this, be in search of small businesses to invest in. I would ask that you also read my post on How To Start A Business In Nigeria. The article will help you make the right decisions on company registrations, etc.
Due to my small business consulting background and training, I’ve had a lot of people ask me questions related to Small businesses in Nigeria. Some of such business-related questions are –
- What are the steps to starting a lucrative business in Nigeria?
- How do I build an effective startup team?
- How do I stand out in a crowded market like Nigeria?
- What are the most lucrative business opportunities in Nigeria?
- What funding opportunities exist for entrepreneurs in Nigeria?
- How do I attract customers?
- How best can I retain customers?
- How best can I make money online in Nigeria?
- What business can I start with less than N50,000 in Nigeria
- What business can I start as a side hustle in Nigeria
- How do I get access to SME friendly services providers in Nigeria?
- What are the best products to dropship to Nigeria?
- Where do I get business experts to work with, in Nigeria?
And many of such questions keep getting to me through emails, phone calls to my consulting agency, seminars, etc. I have, therefore, in response to these questions, created this article with these business ideas with the hope that it would give answers to at least one of your many questions.
It was designed to take the form of a mini business plan, and in categories.
Recommended Article: Solved: Top 6 Challenges of Small Business Owners Today
Nice list, so many options to choose from.
Thanks, Newton, we will keep working on it to make it as extensive as possible.
I really do love this piece. Truly detailed. Your comprehensive list of “small business ideas in Nigeria” speaks a lot especially, it reflect a need to be hard working like u.
Some ideas for startups are developing a new app, selling a product, renting out rooms in your home for short-term housing, driving for Uber on the side, packaging your expertise into ebook and course for sale, or selling products online.
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