Business Ideas In Ibadan - Business - Nairaland
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| Business Ideas In Ibadan by xnigga(m): 10:08am On Apr 01, 2017 |
Hi guys, Pls I need reasonable inputs. supposing one is having 400k at hand and is planning on relocating to Ibadan, what reasonable business with reasonable profit prospect can one do? Thanks in anticipation for good advice. |
| Re: Business Ideas In Ibadan by biazarre(m): 10:31am On Apr 01, 2017 |
400k...? not enough..!!! u can find a greener pasture outside dis country na... just my view... because 400k + relocation to a new place = gulping d capital with nothing to show 4 it... money na only figure... talking from experience... though it depends on ur responsibilities... |
| Re: Business Ideas In Ibadan by xnigga(m): 10:36am On Apr 01, 2017 |
biazarre:The place is not new to me. I have a brother there, free accommodation fr now. I will only be contributing to feeding. Thanks by the way |
| Re: Business Ideas In Ibadan by stevolinkon40: 11:52am On Apr 01, 2017 |
xnigga:Hello. Kindly Send me a message My phone number is on my signature. I stay in abuja and plan to relocate to ibadan this month end. I already contacted an agent to get me an apartment at Ikolaba estate axis. Let's share ideas. |
| Re: Business Ideas In Ibadan by DoyenExchange: 3:42pm On Apr 01, 2017 |
50 Small and Big Businesses You Can Do In Nigeria With Their Cost Estimates Do you know that there are big and small businesses you can start in Nigeria that will not put holes in your pockets? They are every day businesses you never think that they will make you a millionaire. www.doyenexchange.com/invest_opps.php contains a list of over 50 businesses you can start immediately in Nigeria and their cost estimates. You will be amazed! |
| Re: Business Ideas In Ibadan by xnigga(m): 5:46pm On Apr 01, 2017 |
DoyenExchange:Very interesting business ideas you listed 1 Like |
| Re: Business Ideas In Ibadan by naijacutee(f): 8:20am On Apr 02, 2017 |
biazarre: I disagree. One of the quickest ways to run out of cash in a business is to have high expenditures/overheads. I don't know Ibadan, but I hear it is a great place to live on a budget. I think you should look around and add value to a proven business system. For example, you might notice that people have access to food but the market is far. Could you offer bulk food delivery services? Is there a problem finding clean water in the area? Could you offer a borehole/filtered water tanker? 2 Likes |
| Re: Business Ideas In Ibadan by biazarre(m): 10:46am On Apr 02, 2017 |
naijacutee:. just my view...!!! but truth b told.. I ave tried something with d said amount in Ib here n I'm still single.... d result, my frnd.... is not dat favourable... I'm still on d biz because I'm managing it wit money from oda source.... biz isn't dat easy wit limited capital in naija of today without proper experience….. but its gud to try sha... I still prefer rendering of services as a professional... |
| Re: Business Ideas In Ibadan by Nobody: 11:04am On Apr 02, 2017 |
xnigga: A lot depends on you as what you see as a "reasonable" business may not appeal to someone else. A few tips to consider, though... 1. Do you want to actively run the business or be a passive investor who just looks in to make sure things are rolling? (Each position has its pros and cons.) 2. How sharp are your marketing/sales skills? 3. What have you already sold successfully before? Is there a way you can bring that success into this new area? So you see, choosing the right business for you starts with a better understanding of yourself. That way, you'll find it easy to roll with the punches, making the necessary adjustments along the way. Please update us on how it goes |
| Re: Business Ideas In Ibadan by xnigga(m): 6:31pm On Apr 04, 2017 |
Thanks guys |
| Re: Business Ideas In Ibadan by hero2000: 7:54pm On Apr 04, 2017 |
Bro, with that amount (if there likely to be no other funding) whatever business you start must be one with quick turnover. You can't afford to invest in business that would take some time to start yielding revenue. Most businesses that fall in the category described above are product selling business, eg edibles, household stuff, etc. Service businesses usually take longer time to earn money. But if you can wait, then you can't go for it too. 1 Like |
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