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N3million Naira, What Business Profitable Business Can It Float? - Business (6) - Nairaland

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Re: N3million Naira, What Business Profitable Business Can It Float? by jmichael259(m): 9:52am On Jan 09, 2017
P.S: i am using my area to estimate. Land/shop might be more expensive in ur area or u need to go to another area/state to invest.


3mil eh?
Someone already told u get ur own house? No matter if u b only child or ur papa get family house u must at least buy ur own land now. So let's start dia find a comunity outskirts of ur town or even anoda state wia land <= 1mil (weda ful or half plot) build 2rooms (400k) i_style for now.. LAND PRICE WILL DOUBLE OR TRIPLE IN 2 YEARS AND YOU CAN SELL RE-INVEST. It's also a good business plan.

Now afta securing ur own personally bought land u stl hav lets say 1.4mil remaining

BUSINESS PLANS:

1)AGPRICULTURE/CATERING/BAKING: This includes a wide range of small or medium scale enterprises e.g. Doughnut, meat pie, popcorn, chin chin, ice cream, cake making, fast food/shawarma spot, restuarant, snooker + bar, poultry, fish, piggery, COLD ROOM, beer/drinks, event decoration and catering services for occasions e.t.c. depot ESTIMATE: 500k-1.7mil @ ur desired or rented location based on your ability to supply products to market/customers. IF YOU OR YOUR WIFE DON'T KNOW ANY OF THIS AND CAN'T LEARN FOR YOURSELVE DON'T TRY IT. YOUR INVESTMENT WILL FAIL! Oga/madam must sabi run d biz b4 employ anoda person as worker 'not manager'.

2)Cyber biz centre (exam/sch reg, exam jamb/waec runs, printing/photocopy, designing posters/flyers e.t.c.) ESTIMATE: shop rent + 2500 generator + 2 computer systems(tokunbo) + 1 printer/photocopier + miscelaneous <=500k @ inside campus, busy street or strategic junction in town

3) Betshop: preferably bet9ja, surebet, merrybet, nairabet or 1960bet. ESTIMATE: 3 computer systems(tokunbo) + 26inch t.v + 2500* generator + shop rent + miscelaneous <= 500 -850k for a start @ around busy street/junction, viewing centre, bus park, campus e.t.c.

4)Viewing centre: rent one flat, warehouse, uncompleted building or land space and cover with tapolin (minimum 15ft by 40ft) ESTIMATE: dstv premium with dual view + 3000* generator + 2 x 32inch t.v + 2 medium size speakers + at least 20 benches(5 seaters) + miscellaneous <= 400k-800k @ residential, recreational or campus area with increased youth population at night/weekends (e.g. closer to school hostel not school gate)

5)EVENTS & RENTALS:
small scale = shop + sound equipments, amplifiers, speakers and stands, amps e.t.c. for rent (speaker + amp rented 8-10k/per day) <=600k @ campus or heart of town need publicity in the begining to tell ministries fellowships, event d.js e.t.c. BEING A KNOWN D.J OR MEMBER OF FELLOWSHIP WILL BE AN ADVANTAGE

Large scale: Volvo wagon/ small pickup(tokunbo) + 2 or 3 sets canopies + 40-100 plastic chairs for a start. ESTIMATE: 2mil @ almost any community close to town with small publicity.

THE BEST FOR YOU IS SYSTEM BASED WORKS e.g. BETSHOP, cyber/biz centre, web hosting, graphics designs, photo/videography, D.J. e.t.c dnt mind all these forex, bitcoin, cycler people for now(you can learn them later when you settle) to avoid money swim. IF YOU OPEN BETSHOP NO BET! Your daily gain from shortpayments + weekly commisions 30-200k depending on location IS MORE THAN ENOUGH! Trust me.

You must not spend more than 2.3million on both land and business (fix 400k in a rainy day account)
IF NA ONLY BUSINESS DONT SPEND MORE THAN 1.5mil. SAVE AT LEAST 800K (for rainy day account)

8 Likes 1 Share

Re: N3million Naira, What Business Profitable Business Can It Float? by hedonistic: 9:59am On Jan 09, 2017
2shur:
baba as boiz go say.
Na God.
jus think of wha can get you money.
nobody taught me,just think of what you are good at doing.and focus on it. it may be good or bad..jus be good..talk 2 God..know your destiny and your direction in life..I'm nobody..buh at least i know i got tk make it in life..i want my wife.kids and family to sleep in comfort.

Why you come here dey make mouth if you no wan tell boys wetin dey? At least give some rough clues wey sharp boys fit 'kana'.

Na computer your money dey comot from? Na 'that' way or normal way? You go drop hints na.
Re: N3million Naira, What Business Profitable Business Can It Float? by grafixdon: 9:59am On Jan 09, 2017
betterABIAstate:
My head is so full that I'm finding difficult to come up with a specific business plan for N3million, I need as much advise as I can get. I dont want to make a decision I will regret. Please I need business ideas for N3imillion capital.

Thanks

Open this link
https://www.nairaland.com/3554514/need-partner-investor
Re: N3million Naira, What Business Profitable Business Can It Float? by 2shur: 10:03am On Jan 09, 2017
i remain faceless bro.
abeg i wan watch dstv smoke sk with hot coffee.
no vex bro
hedonistic:


Why you come here dey make mouth if you no wan tell boys wetin dey? At least give some rough clues wey sharp boys fit 'kana'.

Na computer your money dey comot from? Na 'that' way or normal way? You go drop hints na.
Re: N3million Naira, What Business Profitable Business Can It Float? by Williamsesco(m): 10:08am On Jan 09, 2017
Why not invest it on gas business

Re: N3million Naira, What Business Profitable Business Can It Float? by engrkunlex: 10:09am On Jan 09, 2017
Gaxx01:


Bro im really interested, thought of it but i dont have full knowledge of it. Pls put me thru

Hook me up whatsapp or you give me a call, better still send me a mail at olupeace4us@gmail.com, am in aba they rock my boxer industry and supplying almost all states in Nigeria, i started with passion and little cash, if you want to grow far in life,dont invest in Ponzi Scheme, Am a programmer, i know what many are seeing. Thanks (08038662353)

2 Likes

Re: N3million Naira, What Business Profitable Business Can It Float? by Joe4real701(m): 10:23am On Jan 09, 2017
Buy a 2008 Toyota car and register it with UBER and thank me later.......

3 Likes

Re: N3million Naira, What Business Profitable Business Can It Float? by 2rez: 10:35am On Jan 09, 2017
engrkunlex:


Hook me up whatsapp or you give me a call, better still send me a mail at olupeace4us@gmail.com, am in aba they rock my boxer industry and supplying almost all states in Nigeria, i started with passion and little cash, if you want to grow far in life,dont invest in Ponzi Scheme, Am a programmer, i know what many are seeing. Thanks (08038662353)

Bro is ur number open for whoever is interested?
Re: N3million Naira, What Business Profitable Business Can It Float? by loomer: 10:35am On Jan 09, 2017
dollarsplenty:
So u have 3m and dont know how to invest it. How did you get the money?





Make you dey ask mumu question. Him thief am.

Or person no fit work and save 3million again den start look for business do?

8 Likes 1 Share

Re: N3million Naira, What Business Profitable Business Can It Float? by bastien: 10:36am On Jan 09, 2017
yaqq:
Seriously am presently in ur situation, a fresh graduate and mum decided to give me 2.5m to start up something, av decided to start selling good suits for ladies nd men. av bought washing machines, pressing irons and will rent a shop soon to start laundry service, and will see if I can sell good perfumes and shoes too
use the remaining change open Bet9ja, not just any bet shop, but Bet9ja shop..... That's what trending in the society now, even the so called big men punt, I wish say na me u get the kind of money u get ni
Re: N3million Naira, What Business Profitable Business Can It Float? by dacovajnr: 10:45am On Jan 09, 2017
CaptPlanet:



Opportunity wey just fall on top her laps wey she for use hammer till thy kingdom come na im she throway just like that. She and that guy wey I no even understand wetin them get.
Nazo bro...she been dey do well but as me dey see am e be like say at that point she got carried away by a large sum of money..the money wey I blv say if she had remained straightforward with her dealing she probably would've gotten more than that by now..
Re: N3million Naira, What Business Profitable Business Can It Float? by touchplay(m): 10:47am On Jan 09, 2017
Canme4u:
You can start selling laptops and other used items from u.s., you can test start with 200k.
Jamb exam is now cbt, infact every household will have at least a computer before 2025
now its not 2020 again,abi? Una don move am go 2025.
Re: N3million Naira, What Business Profitable Business Can It Float? by Nobody: 10:49am On Jan 09, 2017
solar panel business. in these days of fluctuating power supply.
Re: N3million Naira, What Business Profitable Business Can It Float? by ItzHoludex(m): 11:20am On Jan 09, 2017
fotune1894:

Abi oo
Dem just dey bust our head with fake news
20k a day dat means 600k in 30 days
No b only moi moi I go sell
I GO SELL AGIDI JOIN AM

grin grin grin
Re: N3million Naira, What Business Profitable Business Can It Float? by Franky826: 11:26am On Jan 09, 2017
queendoreez:
Real estate

3 million for real estate

That amount can't even complete a 4bedroom flat on free land undecided

4 Likes

Re: N3million Naira, What Business Profitable Business Can It Float? by Franky826: 11:31am On Jan 09, 2017
dejavubobo1:
That's huge I guess the money was unplanned for.

Just take ur time think.

for me I ll prefer u use it to buy dollar from CBN & sell it in black market it ll double in three weeks. Bureau'd change is the biggest risk averse business in town.

How do I know ? Am a finance expert & the single treasury account system favors the Euro dollar market which inturn still favors Investors in this line of trade

Completely disagree on this one.
That market is as volatile as anything.

The black market controlling the prices is a fluke and can tilt at any governments directive. Its 65% Unsafe.

1 Like

Re: N3million Naira, What Business Profitable Business Can It Float? by Franky826: 11:34am On Jan 09, 2017
oviexcels:
put your money into what you know how to do best, but if you feel otherwise please become an apprentice in any other thing you feel like doing that you have not done before so you dont throw the funds

Becoming an apprentice is the wisest and that's how Igbo's have reigned in biz.

However for most people time is the limiting factor. The op might be 30+
Re: N3million Naira, What Business Profitable Business Can It Float? by lonelydora: 11:40am On Jan 09, 2017
truckin:

Nigerian used. Grade one.

Are you into it? If Yes, Let's talk please.
Re: N3million Naira, What Business Profitable Business Can It Float? by omozu1(m): 11:56am On Jan 09, 2017
dejavubobo1:
That's huge I guess the money was unplanned for.

Just take ur time think.

for me I ll prefer u use it to buy dollar from CBN & sell it in black market it ll double in three weeks. Bureau'd change is the biggest risk averse business in town.

How do I know ? Am a finance expert & the single treasury account system favors the Euro dollar market which inturn still favors Investors in this line of trade

Bless you bro for the info
Please what and what do i need to buy dollars from the CBN
Re: N3million Naira, What Business Profitable Business Can It Float? by Nobody: 12:03pm On Jan 09, 2017
dangotesmummy:
exactly. I've seen men make this repeated mistake over and over.money they never envisiaged fell on their laps and instead of buying a house first and then use the rest for buisness they rather choose to buy liabilities. E.g they will buy a car first marry second wife or start forming olowo in club aka brother serve them round
bedroom children's bedroom etc the way a moderate family house should be.guess what

Aburomi omagbotemi.he went ahead to use 4m to buy a car that didn't last him up to a year before the car started giving him issues. The car started developing issues that was already eating into his remaining 1m.
OP, this is very very reasonable advice. Build or buy a house. It must not even be in a high brow area or where you reside currently. Go to the outskirts and buy land. Even if you Dont start building, my brother buy a good land and keep it. It must appreciate.

Dangotesmum, your head dey there jor.

1 Like 1 Share

Re: N3million Naira, What Business Profitable Business Can It Float? by Canme4u(m): 12:10pm On Jan 09, 2017
touchplay:
now its not 2020 again,abi? Una don move am go 2025.

l don't remember giving you any startistic before, what you quoted is my own thought.
Re: N3million Naira, What Business Profitable Business Can It Float? by shinebabe(f): 12:12pm On Jan 09, 2017
Try the one people like Pat Utomi are involved in. Can't post emails or links here so.just mail my moniker at yahoo.com

1 Like

Re: N3million Naira, What Business Profitable Business Can It Float? by fortune1894(m): 12:18pm On Jan 09, 2017
Una wicked ooo
Untop 3m na op go build Hux
Open dredging company etc
Op for just buy oil well with d 3m na

5 Likes

Re: N3million Naira, What Business Profitable Business Can It Float? by fortune1894(m): 12:21pm On Jan 09, 2017
Una wicked ooo
Untop 3m na op go build Hux
Open dredging company etc
Op for just buy oil well with d 3m na
Or kukuma buy chelsea futbal club

1 Like

Re: N3million Naira, What Business Profitable Business Can It Float? by Nobody: 12:23pm On Jan 09, 2017
Nnemuka:
Do wholesale business of any food item preferrably provisions like milo, peak milk, indomie pls buy directly from company.
Are you into this business, sister? How is the profit turn over and ROI like?

1 Like

Re: N3million Naira, What Business Profitable Business Can It Float? by dejavubobo1(m): 12:28pm On Jan 09, 2017
omozu1:


Bless you bro for the info
Please what and what do i need to buy dollars from the CBN
There are CBN in a almost every state Capital, u ll need to visit one & get the directives
Re: N3million Naira, What Business Profitable Business Can It Float? by oluxy(m): 12:32pm On Jan 09, 2017
i think u should go to nearest chi limited and make enquiry how to be ine of their distributors.

With 2m its a good start. I used to be one of their account executives. u will find it profitable as a business because there are a lot of u will get in return as a distributor.

i wont give u details, i want u to go make enquiry and know what's in for u as a distributor.

Chi Limited. the producer of Chivita drinks, caprison, malt n milk, evans etc.

1 Like

Re: N3million Naira, What Business Profitable Business Can It Float? by dejavubobo1(m): 12:33pm On Jan 09, 2017
Franky826:


Completely disagree on this one.
That market is as volatile as anything.

The black market controlling the prices is a fluke and can tilt at any governments directive. Its 65% Unsafe.
but we both know CBN sells @ btw 320-340naira. & if O.p acquires and sell @ 450-480 considering other constraints she ll be making @least 100naira on each dollar sold.
Re: N3million Naira, What Business Profitable Business Can It Float? by hoebamaa(m): 12:50pm On Jan 09, 2017
EastGold:
Tested and Trusted.


Open a pure water store (not factory).

Buy cooling machine.


Locate it in a open place.

You will have at least 40% ROI.



Alternatively, venture into poultry business

Can I have your whattapp number...pls
Re: N3million Naira, What Business Profitable Business Can It Float? by jakesbaba: 12:58pm On Jan 09, 2017
guass:
That you have 3 million does not mean you should do business of 3 million.
I had 1 million early last year and I rented a store with 250,000. I started the business with 450,000 I even carried some products on credit so that I can be determined. Today I can count over 3 million in my account.
I believe u cannot get the solution here. However, think of what people need in your area. Secondly look for the best location to distribute these needs and improve, the rest is history.


pls what's d nature of ur biz?
Re: N3million Naira, What Business Profitable Business Can It Float? by Nobody: 12:59pm On Jan 09, 2017
And 2shur stole the show cheesy

4 Likes

Re: N3million Naira, What Business Profitable Business Can It Float? by temmiedebbie(f): 1:10pm On Jan 09, 2017
Invest in MMM grin grin grin

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