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Nairaland Forum / Nairaland / General / Jobs/Vacancies / Business Idea For A Budget Of 500k (26385 Views)
Is This A Good Idea For Interview Abroad. / Is A Nigerian Salary Earner Of 500k Per Month Considered Rich? / Any Business Idea I Can Start With 500k? (2) (3) (4)
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Re: Business Idea For A Budget Of 500k by Nobody: 6:23pm On Dec 14, 2021 |
Mires: You can buy or sell a business on flippa, you don't operate the business on flippa, it is only a marketplace. As regards to the price, it depends on how much the business is currently generating in revenue, you can get a business from a few 100 bucks to millions of bucks, including Apps, blogs, E-commerce and SAS Products. 2 Likes |
Re: Business Idea For A Budget Of 500k by Nobody: 6:25pm On Dec 14, 2021 |
zcee: Drop shopping is a method of e-commerce where you sell products without keeping an inventory, your role is to promote the product like you own it, then once there is an order, alert the manufacturer to ship it on your behalf. You can also engage in print on demand, which involves creating designs for different products, then once there is an order, you notify the manufacturers, they will print the design on your behalf and ship it. You can source products from aliexpress.com and display them on your site. The products from China are way cheaper, but they are also not always of good quality and take time to ship to other countries. There are other options, one is spocket, which helps you outsource product from the USA suppliers, and ship it at a faster rate too, and printful, which is a print on demand platform. The profit margin is less here, but it adds credibility to your business, due to the quality of the product and faster shipping rate. The process can be set up to run automatically on Shopify or woo commerce, although it will cost some money, the hard part is marketing, eCommerce is highly competitive, therefore you need to be innovative. It is also recommended to stick to one product that you have a good knowledge of, this adds authority to your site, for SEO. 2 Likes |
Re: Business Idea For A Budget Of 500k by Nobody: 6:27pm On Dec 14, 2021 |
Icumsa45: I believe I've replied. |
Re: Business Idea For A Budget Of 500k by Someodds: 6:27pm On Dec 14, 2021 |
Stanleyville: Oga stop this please. 1 Like |
Re: Business Idea For A Budget Of 500k by highness25(m): 6:30pm On Dec 14, 2021 |
cjscon:Which one is bathing saloon? Shey na the one wey after work person go go there go baff both Male and female? 1 Like |
Re: Business Idea For A Budget Of 500k by Adakintroy: 6:30pm On Dec 14, 2021 |
FuckDModz: I don give una number. If you like call if you like come to office. Na your call he de. |
Re: Business Idea For A Budget Of 500k by Adakintroy: 6:30pm On Dec 14, 2021 |
FuckDModz: I don give una number. If you like call if you like come to office. Your move. |
Re: Business Idea For A Budget Of 500k by Nobody: 6:31pm On Dec 14, 2021 |
Dreyton36:For tourist visa right? |
Re: Business Idea For A Budget Of 500k by Hadsty23(m): 6:33pm On Dec 14, 2021 |
If you get the time yourself, go into fish pond |
Re: Business Idea For A Budget Of 500k by MrQuadri: 6:40pm On Dec 14, 2021 |
cjscon:You have #500k, you should be looking for a business #100k or #200k can do while the remaining money serves as backup not the one you will throw in the whole #500k 4 Likes |
Re: Business Idea For A Budget Of 500k by Rree: 6:48pm On Dec 14, 2021 |
Really |
Re: Business Idea For A Budget Of 500k by Mires: 6:52pm On Dec 14, 2021 |
AdeOri99: Thanks for the insight. Be that as it may, regarding E-commerce like some platforms where vendors are allowed to showcase their products (physical goods) to be patronized by shoppers and the platform gets relative share of sales revenue, is that the same with flippa? |
Re: Business Idea For A Budget Of 500k by femi4: 6:53pm On Dec 14, 2021 |
dapolaw:Registration and Id card Rent a car |
Re: Business Idea For A Budget Of 500k by samifet: 6:58pm On Dec 14, 2021 |
Go on food stuff, mostly Garri, rice, beans and yam. Get a shop, place someone to do the retails for you, but be vigilant in stock taking you will get your capital in 5 months and you store remains full. 2 Likes |
Re: Business Idea For A Budget Of 500k by KingAfo(m): 7:01pm On Dec 14, 2021 |
Follow your passion. Don’t dabble into poultry or what you don’t know about. Look for what you like… I bought ordinary designer slipper from a lady on IG at 2k/one. And I’m selling for 5k |
Re: Business Idea For A Budget Of 500k by WackyJ1(m): 7:01pm On Dec 14, 2021 |
cjscon: I recommend you start affiliate marketing. The startup cost is just 10 - 20% (₦50,000) of the amount you have. You're selling digital products so you don't have logistics issues like those who are selling physical products. You don't deal with issues like feed price, dying birds, and people running away with your money when you're doing a physical business like poultry. You can start affiliate marketing and earn as much as 200k monthly starting from your second month. Then you can use the proceeds to invest in any of the physical businesses that others are recommending here. The best part is that your initial investment covers all the training and mentorship you need to become successful in this business. If you want to start, send me a DM. |
Re: Business Idea For A Budget Of 500k by WackyJ1(m): 7:03pm On Dec 14, 2021 |
double post |
Re: Business Idea For A Budget Of 500k by emonis88: 7:13pm On Dec 14, 2021 |
FKMagazine:Op beware of high end biz options weh go turn Ponzi scheme. |
Re: Business Idea For A Budget Of 500k by Codebite: 7:14pm On Dec 14, 2021 |
Brexxit:op I take God beg you avoid crypto that's the fastest way to lose your money... I've lost over 2 million naira in less than one year. Avoid crypto Unless you are planning to invest and leave it for 10 years |
Re: Business Idea For A Budget Of 500k by seanwilliam(m): 7:18pm On Dec 14, 2021 |
U better find one bush and buy land of 300k, invest 100k on same business wey give you the money , put 50k for crypto and guide yourself with 50k.. It’s not advisable starting business in this Buhari o |
Re: Business Idea For A Budget Of 500k by Ikaosunwon(m): 7:45pm On Dec 14, 2021 |
adonainana:Can you chat me on WhatsApp 08074993620 I work with international breweries. |
Re: Business Idea For A Budget Of 500k by 18wheeler: 7:53pm On Dec 14, 2021 |
cjscon:If you can get a good location like a school environment, higher institution, try agency banking. |
Re: Business Idea For A Budget Of 500k by olaodun: 7:55pm On Dec 14, 2021 |
Bro all the advice given pls don't rush to implement , consider your location and your investment or business need of all if you are ready to work and you want daily money and you can learn quick dry cleaning will be better with online stores in Jumia and Konga and u need to cut your expenses to the barest minimum |
Re: Business Idea For A Budget Of 500k by Nobody: 7:56pm On Dec 14, 2021 |
Mires: Yeah, exactly 1 Like |
Re: Business Idea For A Budget Of 500k by Funkybabee(f): 7:58pm On Dec 14, 2021 |
Use it to start drinks business Don't go for beer pls, and don't used more than 300k to start, in other to see how far it goes |
Re: Business Idea For A Budget Of 500k by davillian(m): 8:01pm On Dec 14, 2021 |
Blessed3030:Shay na inside phone he go rear the broilers , medications and deaths unkoh.... Abi he tell u say he get land or space for 360 broilers...he would be making little the first circle or at worst make his investment and the second circle is were the money starts coming in, cus infrastructure set in place would cost him money.... |
Re: Business Idea For A Budget Of 500k by Ungodly: 8:03pm On Dec 14, 2021 |
AdeOri99:can you elaborate more on this chief |
Re: Business Idea For A Budget Of 500k by Ikaosunwon(m): 8:04pm On Dec 14, 2021 |
OlawaleBammie:The cost of a single truck with 900 crates is not up to 2M, can we talk on WhatsApp 08074993620 1 Like |
Re: Business Idea For A Budget Of 500k by adonainana: 8:05pm On Dec 14, 2021 |
Ikaosunwon: Sent a message |
Re: Business Idea For A Budget Of 500k by Misternas89(m): 8:14pm On Dec 14, 2021 |
damosky12:Bsc Zoology, MSc Zoology but specializes on Molecular Biology and Genetics. That’s what I studied bro 2 Likes |
Re: Business Idea For A Budget Of 500k by Misternas89(m): 8:16pm On Dec 14, 2021 |
DrTims:Thanks so much DrTims, I would see to that and hope for the best…..I really appreciate once again Baba. |
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