Having a business is a great thing for anyone to achieve. Apart from the benefits, it has compared to working for someone, there’s also a level of fulfillment it brings to a person.

So many things have changed from what we were used to in the past. The job securities are no longer there.

According to recent research, it takes an average graduate at least 5 years after to school to secure any job. All of this makes it important for one to consider having a business whether passively or full time.

However, having a business is not easy or everyone will be doing it.

Part of the problem many young entrepreneurs face is getting money for their business. They have great business ideas with potentials to grow big and employ people but they end up disappointed when they are unable to get money for their business.

Another problem entrepreneur’s face is knowing what business to start. This is common with employees who are tired of their job or wish to add to their income source. They are mostly confused about what kind of business to do or how to do it.

In all of this, there are still businesses that one can start with very little capital. Although they are small but can be scaled up easily depending on who is doing the business.

In this article, I’ll be showing you top small businesses that anyone can start with just a laptop and a capital of 10k and earn a decent income whether you’re in it passively or fulltime.

1. Information Marketing

Even in 2018, information marketing is among the simplest businesses to start with little capital. It’s about selling information. Information that people are eager to learn about.

According to research, the information marketing industry is worth a whopping 50 billion dollars. Some top brands involved in this industry are Lynda, udemy and udacity. This shows that the industry is very lucrative.

It’s very simple how it works. All you need do is find an information that is solution based, something people will be willing to pay for, build a product around it and sell.

Imagine creating an information product in the form of an ebook or video and you sell each copy for say #3,500, If you are able to sell 200 copies( which is very small), that will be 3500*200=#700,000.

With a very good coach and knowledge on how to sell online, you will easily do well in this business.

2. Web Design & Development

This is a very simple and lucrative business for entrepreneurs with little capital. The demand for it is very high because every business wants to have an online presence.

Imagine managing the website of about 5 small businesses and you’re being paid #20k monthly by each of those businesses. That is #100k monthly for managing a website that you don’t get to do much on apart from updating some few contents.

What you need mainly to thrive in this business is a good knowledge and experience in designing websites. Even if you don’t know how it’s done, the good news is you don’t have to start learning how to write codes to design a website. With CMS like WordPress & Joomla, you can easily learn and perfect your web design skill in 2 weeks or even less.

The next thing after knowing how to setup up a website is to find customers who can pay for your service and it’s also very simple to do. You can advertise your service on your social media accounts or by word-to-word conversation.

3. Freelancing

If you have a skill that you’re very good at then this is a good business for you to consider. There are millions of people in the world who are so lazy to do things for themselves and would rather pay someone to help them do it

All you need do is to register on a freelance site (which is very easy to do) as a seller and start offering your skill as a service to clients who need it.

Some sites for freelancing are; Fiverr, Upwork, findworka (it’s a Nigerian freelancing site)

4. Mini Importation

This one is my personal favorite for several reasons like;

 It’s one of the online businesses I do, and I also have friends who are into it. So I can easily talk or write about it

 It’s very easy to start. Unlike the other businesses where you have to build a product yourself to sell or learn a skill, there’s nothing like that in Importation. Everything has been done for you so all you need do it to place an order for a product you choose to sell and you start selling.

E-commerce & Importation are businesses I call super lucrative. Imagine buying a product at very cheap amounts and selling in Nigeria, you could make more than twice what you paid for the product as pure profit.

People are buying things every day, both online & offline. All you need do is find out what they are interested in and then sell it to them, it’s that simple…

All of these businesses are very lucrative and easy to start too.

Before going into any of them, the first thing you should do is find someone who is already doing well in the one you want to go into and meet the person to teach you. It will save you a lot of stress.

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