In this recession we all have to look for sources of income to keep ourselves afloat. Mention some profitable businesses that can be started with less than 100k. U can also list requirements and how to go about thr business.

Mine is something as simple as a viewing centre. At 50 naira per match u can discover up to 500 naira for 10 viewers( and its impossible to get less than 20 vuewers if u set it up in a busy location). Rememver i had a friend in junior secondary school that would use his parents empty shops and their already subscribed dstv whenever they travelled. Made some cool cash and his parents were proud of him when they finally got to know of it.

So what of yours, u might end up saving a life and providing a source of income for somebody


Note: i posted here cos i believe it has higher traffic than business section, might be wrong tho.

Lalasticlala epp my solution

Viewing center is ok depending on the location but what happens when the season is over?.

JideAmuGiaka:
Viewing center is ok depending on the location but what happens when the season is over?.

Well its a seasonal business and for the duration of the season is a nice source of income. Thats why others need to share their ideas to fill in when its off season

JideAmuGiaka:
Viewing center is ok depending on the location but what happens when the season is over?.

100k can not set up a viewing centre...
but u can learn how to buy and sell bitcoins with 50k u can make more Dan 50k in a month or 40k.

Ay04z:
100k can not set up a viewing centre...
but u can learn how to buy and sell bitcoins with 50k u can make more Dan 50k in a month or 40k.

I don't know much about this bitcoins, can you put me tru.

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buying and selling of data

Ok

Buying and selling of cryptocurrencies and e currencies from the comfort of your room. No overhead costs like transportation or shop rents. However like any other buisness, there are inherent risks.... Shine your eyes and research well.... With 50k-100k, you are good to go... And it can also serve as a very good side biz.. Students, teachers, civil servants etc can go into it

F

Data Business

Retailing of consumables....

With 100k you can stay @ The Governor's Apartment for 4nights...

Money Don finish

PS gaming center...it's a good biz if it's setup in good area

Am hia to learn

Production of native wears, you don't even need up to 50k to start this.

first get a good tailor who is good at what he does, know the different styles and there cost( materials and sewing).

Have a good knowledge of different materials, their quality and cost.

Get a good and recent fashion magazine that you are sure your tailor can make any style in it.

Head out for marketing in corporate organisation, those people that don't have time to do all the run around but have a good taste in wears, show them the magazine to pick any style of their choice, negotiate price and material of choice with them.

for a start use your cash to buy material and produce the cloths and they pay you at delivery, this is just a strategy to grow trust and reliability within 6 months they will be calling you chairman

Use the 100k to do 40% ROI ponzi four times in one month

fashrola:
PS gaming center...it's a good biz if it's setup in good area

I doubt pple stil go out to play PS

Mai shai

This is a nice thread. Hope to learn a few things from business minded people on NL

Extra mural class for secondary school leavers

Online business (blogging, freelancing, affiliate marketing, etc.) ... Started after being trained properly by those who are REALLY making money online, not the empty barrels you see everywhere.

You can start selling UK bale clothing.
Quote me if you need help.

Ay04z:
100k can not set up a viewing centre...
but u can learn how to buy and sell bitcoins with 50k u can make mazere Dan 50k in a month or 40k.

You can also lose money if bitcoin value depreciates like it did early last month.
I'm yet to understand what determines the value of bitcoin like I do to normal world currencies.
Anyone who knows? So I can go all out for it.

Ay04z:
100k can not set up a viewing centre...
but u can learn how to buy and sell bitcoins with 50k u can make more Dan 50k in a month or 40k.

Why is 100k not enuf bro? And hw can sum1 start dis bitcoin of a thing

...

My business ideas too numerous jor, you need about N10 Million to finance it

Ponmo business...it's dirty

Why

A handyman business. A handyman is a person skilled at a wide range of repairs, typically around the home. My brother and I are currently running a handyman startup. And I must say, its progressing well. You only need to be skilled, which is something that isn't difficult.

Just get your tools, advertise your handyman skills and wolla you are in business. From the little knowledge I have already, people always have things they want to repairs or services they are in need of. You just need to make yourself visible.

Just to add, don't be scared to start small. Most companies that inspire you also started small.

B

Garri processing is key

I intend to partner with the Federal Government to import Cows to Nigeria.
Anyone interested could ppp to import cow feed too,
Thanks