Hello nairalanders, what viable business can one start with N500,000 and N200,000 respectively, please i need your candid advice. Thanks in anticipation of your matured and experience contribution.

Phancyorganic10:

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Observe our area 1st n c d business DAT is moving

2nd check d advantage n disadvantage if d advantage 70% to 30% disadvantage n d demand rate of DAT business is higher Dan do it,

3rd check d availabilities of d resources if close good if not check d transport rate n weigh it with profit,if d transport is less good.

4th marketing is very important dis depend on ur capacity to create awareness to our consumers

5ft divide d capital into 2 or 3, d reason is DAT in business no perfect business without credit n most business collapse because of credit so by dividing ur capital will help u if u give on credit n dere is delay in payment u can use d 2nd capital

Conclusion
If I say u shud do business base on my area dat is profitable na it may b differ fro ur area so observe ur area.