Fellows NairaLanders, I need your contributions on any business one can start with N100,000 in Nigeria instead of depositing the said cash in a bank.

Your contribution will be much more appreciated

more contributions please

Tonee

What is your five year plan?

u can start a recharge card bussiness and earn some cool cash, for all details contact me on 08056935749 its easy and simple u don't have 2 meet me face to face u could be there , i will activate u where ever u are in nigeria just call me.

YOU CAN GIVE THE MONEY, I WILL GIVE YOU 10K EVERY MONTH

@ Beline
Well, try out the following:
1. Webdesign and Hosting service
2. Personal Shopping Services and Home Deliveries
3. Trading in Casual and Office Wears
4. Phone call center/business center
5. Book/Novel Rentals and Sales
I hope u act fast so u dont spend da money sha

Trade shares. You'll be surprised how much you can make in 6 months

Trade shares. You will be surprised by how much your broker will make while you lose your money.

you mean to say all that trade shares lose money ?

Not all, but most. More than 50%.

and what make you think he must fall into that 50% ? if he wants to take the risk ,if he beleive that he could weather the storm ,isnt it better you let him try his luck ?

Hi everyone,

Things you should consider when starting a business are:

The level of risk you are ready to take
When is it likely to return your capital (break even point)
Monthly/yearly return on capital or investment (ROC) or (ROI)

Have you consider offline or online. In this case there is no definate answer to your problem until you answer some questions. But the sum of N100,000 is a good start up capital to start a profitable small business. Send me a personal message if you need any professional assistance.

Balogun mandhuur

Whatever u do, make sure it's paid in advance and be reasonable with your price. All the best

Buy 10 bags of Quality rice at 5000 naira per bag.
Share them into 2.5kg packs= 20 packs per bag.
Sell 2.5 kg packs in beautifully branded sachets to supermarkets,convenient stores,markets etc at 350-400 per pack wholesale.
Project Cost & Profitability.
10 bags of 50kg rice =200 packs of 2.5kg
10 bags 0f 50kg rice= 50,000 naira
Cellophane+Label packs=3 Naira/pack x 200= 600 naira
Distribution= 5000 naira
Marketing= 3000 naira
Miscelleanous=1400
Total Investmemt= 50,000+600+5000+3000+1400= 60,000
Return on Investment
200 packs at 400 naira each = 80,000 naira
You make a profit of 20,000 naira on your 60,000 investment.
It shouldn't take you 1 day to sell off 200 packs if you are a good marketer.On the other hand you can leave the marketing to an experienced distributor.
At 2000 packs a month or 80 packs a day you should be making a cool 200,000 naira per month on a 60,000 naira investment.
For a good sample of a nice pack, i can send u a mail.
There's a million other things you can start with a 100,000

I can bet you the best and the most peaceful way to unvest such money is into shares.If you ve not used the money yet,go and buy shares of blue chip company like unilever or the public offer by Oceanic bank.these companies are good buy now cos thier sher prices are still low and have good potentials of rising in the nearest future.Ensure you dont buy into companies that are close the end of their financial year cos that usually is thier high price peroids good luck

beavers007,ur contributions are lovely and well appreciated. ple educate the nairalanders on the rice business. i will appreciate a personal email from u so that we can put heads together.

hi beline, happy new year. i pray we shall find successs and fulfillment on everything we lay our hands on this year. please kindly contact me on 08066500470 or 08053750887 kulmoney83@yahoo.com i have good business and investments you can go into this year.

buy MTN recharge cards at N30 per card for the N100 voucher.
good profits
07041131292

Al ur suggestions are good if only this nairalander is not in a hurry. and may be ready to take a serious risk as for the shares. seun answered that well trade shares if you actually wnt to losse. My advice is this,
Trade FOREX its th best kind of stress free business. All of the other businesses introduced still have addtional expenses hope u know?
for the rice businesses did you consider the cost of renting a shop etc
We can asist u turn that 100k to 1mmillion within 6 months so you can do someting better.
there s no 'boju-boju' in it the account will be opened in you nam and we'll have an agreement. You'll have access to the account 24/7. No cheating. A a matter of fact we will teach u how to trade FOREX profitably without losing cos we have self developed signal for our trading and you're sure of 200%-400% ROI every month.

Consider this proposal, be wise and enjoy a strees free buiness experience.

You can reach me on 07029427018 or kayse200@gmail.com, netfirmsresources@yahoo.com

GOOD LUCK

buy MTN recharge cards at N30 per card for the N100 voucher.
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07041131292.

This true? I need a second opinion.

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HI.
U CAN INVEST IN SALOON BUSINESS.