Question: What Kind Of Business Can I Start With 100k In Nigeria?

What kind of business can you start with 100k?

Top 5 businesses to start with 100kStart a car wash.

Source: Pexels.com.

Start a money transfer business.

Today, it is nearly impossible to walk for a few meters without bumping into an M-Pesa shop.

Invest in a SACCO.

Source: unsplash.com.

Start a boda boda business.

Source: Unsplash.com.

Start a small butchery business..

How much do I need to start a fast food business in Kenya?

In Nairobi, you will need Ksh 10,000 to obtain a single business permit for a business that has up to five employees. Another license you will need for your fast food business in Kenya is the food and hygiene license.

What can I start with 10k?

The business ideas listed here would give you an idea of how to start something with as little as 10k.Freelance writing business. … Poultry business. … Fastfood business. … Social media marketing. … Dropshipping. … Mini importation. … Small Scale Agriculture Business. … Fish Farming.More items…•

What business can I start with 5000 Naira?

8 Small Businesses to Start in Nigeria with 5000 or 10,000 NairaLondon Used Cloths (OKRIKA)Pure water/bottled water business.Buying And Reselling.Noodles preparation business.Mini meat pie production.This business required #10000 naira and above if you don’t have it requirements yet. … Liquid soap production.

Which is the best business to start in Kenya?

Most Profitable Businesses to Start in Kenya 2019Bakery.Professional Cleaning Business.Salon/Barber Shop.Dry Cleaning Business.Event Planning.Poulty Farming.Aquaculture Business.Beaded Sandals and Handbags.More items…•

What kind of business can I start with 100k in Kenya?

Here are businesses to start in Kenya and the approximated starting capital required;Movie shop KES 70,000 – 100,000. … Salon Business KES 50,000 – 100,000. … Car Wash Business KES 50,000 – 100,000. … Butchery 50, 000- 80,000. … Money transfer 20,000- 50,000. … Commercial cleaning 80,000- 100,000. … Boda Boda business 50,000- 80,000.More items…

What is the best business for beginners?

Top 20 Business Ideas for BeginnersHome Cleaning. Home cleaning is considered as one of the easy business ideas for the beginner. … Blogging. Blogging is part time easy to implement low investment business idea for the beginner. … Photography. … Tuition Class. … Freelancer. … Child Care services. … Errand Services. … Hobby Class.More items…•

What are the fastest growing business in Nigeria?

Fastest Growing Businesses In NigeriaCatfish Farming. A lot of people have registered success as catfish farmers. … Poultry Business. Being one of the wealthiest farmers in the world, FU Guangming has a net worth of $1.5 billion. … Real Estate. … Haulage and outsourcing. … Food Processing. … ICT. … Daycare Centre. … Bottle/Sachet Water Production.More items…

What’s the easiest business to start?

75 Ideas for Businesses You Can Launch for Cheap or FreeMaking Chatbots. … Bookkeeping Services. … Personal or Virtual Assistant. … Marketing Services. … Social Media Consultant. … Affiliate Marketing. … Tester or Reviewer. … Secretarial Services.More items…•

What business can I start with 20k in Nigeria?

What business can you start with 20000 Naira in Nigeria?Small scale business in Nigeria is one of the most active segments in Nigerian economy. … READ ALSO: How to start quail farming business?№1 Printing recharge cards. … №2 Beans selling. … №3 Poultry farming. … №4. … №5. … № 6.More items…•

What can I invest in with little money in Kenya?

Eight no sweat investment options for your incomeTreasury bills.Bank deposits (fixed deposits and savings)Treasury bonds.Corporate bonds.Unlisted equities.Commercial papers.Listed stocks.Mutual funds.More items…

What business can I start with 100k in Lagos?

We will release concrete courses and tutorials on how to start with these ideas.Soap making business.Food stuff delivery service business.Affiliate marketing or direct sales business.Perfume production business.Fashion production business.Fashion retail business.Digital content creation business.More items…•

What business can I do with 50k in Nigeria?

20 Businesses You Can Start With 50,000 Naira in NigeriaBaking Business. Baking is a thriving business in Nigeria. … Fast food Business. The importance of food can never be overemphasized. … Plantain Chips Business. This is also a very lucrative business. … Selling Drinks and Water. … Small Scale Farming. … Smoked Fish Business. … Soap Production. … Home and Beauty Products.More items…•

What business can I start with 200k in Lagos?

Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.Open a Restaurant.Start a Fumigation Business.Laundry and dry cleaning services.Starting your own home services.Importation of wears.Livestock farming.Car wash center.Corporate cleaning services.More items…

What business can I start with 100000 in Nigeria?

30 Lucrative Businesses You Can Start With 100,000 Naira or Less in NigeriaHair dressing/ Barbing Salon.Plantain chips production and sales.Restaurant services.Tailoring/ fashion designing.Catering services.Poultry farming.Cat fish farming.Cassava Farming.More items…•

What can you do with 100k?

5 Smart Ways To Invest $100,000 And Minimize RiskTry your hand in the stock market.Reach out to the community with Peer-to-Peer (P2P) lending.Capitalize on the hot real estate market.Store same money away in retirement accounts.Get help with your investments.

How much does it cost to start a POS business in Nigeria?

The cost of a new POS machine is between N85,000 and N100,000 only. Some banks like First Bank offers free POS machines but you need to meet their requirements. You will also need to collect the POS document from your account officer or the nearest branch of the bank.