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5 Businesses You Can Start With N50,000 In 2019 - Business - Nairaland

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5 Businesses You Can Start With N50,000 In 2019 by Adieza(m): 11:31pm On Jan 31, 2019
Nigeria is going to emerge as one of the strongest economic country in Africa but the only problem is that it has not been well managed by the government for many years. Nevertheless, people are still becoming millionaires daily from a simple business idea. Most of the millionaires in Nigeria all started with a small capital and today they are the big names all over Africa. This gives Nigerians and Africans the belief that it is possible to start a milti-million business today. In the words of Lao Tzu, “The journey of a thousand miles begins with one step”.

Many have been asking but which type of business can I start with N50,000?

Please see below five types of business you can start in 2019 with the help of Perfect Pitch Business Start-Up by Nija Box

1. Recharge Card Business
2. Popcorn Production Business
3. Sales of CD/DVD’S Business
4. Shawama/Barbecue Business
5. Fast Food Business

1.Recharge card printing business can turn you into a rich person. Since the importation of recharge card was banned by olusegun obasanjo in 2004, Nigerians has been making money every month making and distributing recharge cards in their area, because recharge card business is a fast business in Nigeria today, knowing that almost every citizens are using mobile phone today, some are even using two, it is clear that billions of Nigerians are buying recharge cards every day.

2. Pop Corn Business : Getting a popcorn machine and producing popcorn is also a viable business idea, the machine goes for about 45000 naira, all you need is corn, butter and sugar, that’s all! you got yourself a business!!!

3. Sales of CD/DVD’s Business : If you don’t like Nigerian movies, I am sure you like American Hollywood movies, how about Indian, Chinese and Philippines movies? uhumm. This is a money-spinning business, but some people thought there is nothing there. Do you know how much those movies you buy for 150 naira are been sold to the retailers? In case you don’t know, their counting price is 30 Naira each in Alaba market.

4. Shawama/Barbecue Business: This business is viable and you only need to know how to make shawarma and barbecue, you need to buy a grilling machine and get the shawarma ingredients, employ an expert and find a lucrative location (like an hotel) and that is all…no close monitoring (as your materials must be exacted at a certain proportion to equate a certain number), there is minimum risk, and there is huge profit potential, if you have the money, start this business.

5. Fast Food Business : You can find a good location and set up a fast food joint, all you need is a kiosk, a stove, and your cooking materials (oil, kerosene, spoon,etc) and that’s all!, you can be cooking noodle, frying eggs, making teas, etc,
you can be assured that you are going to be smiling home always, in the business, location is the name of the game, you need to find a good spot that is domestic, and also you need to know the risk involved, and the practices of that location you want to set up your business, and you are on track to profit, it’s profitable however, it needs to be closely monitored and it usually needs the presence of the owner.

http://nijabox.co.uk/5-business-ideas-to-help-you-start-your-business-with-nija-box/

10 Likes 4 Shares

Re: 5 Businesses You Can Start With N50,000 In 2019 by Oyimeoyimemua(f): 11:35pm On Jan 31, 2019
Oriflame cosmetics, with 30k u can start up and be your own boss...

3 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by Afonjas: 11:36am On Feb 01, 2019
NIGERIA IS A VERY POOR COUNTRY,

SMH

25 Likes 2 Shares

Re: 5 Businesses You Can Start With N50,000 In 2019 by APCpackandgo: 11:37am On Feb 01, 2019
Ok
Re: 5 Businesses You Can Start With N50,000 In 2019 by BabaIbo: 11:37am On Feb 01, 2019
It is well
Re: 5 Businesses You Can Start With N50,000 In 2019 by namo77: 11:38am On Feb 01, 2019
Okay
Re: 5 Businesses You Can Start With N50,000 In 2019 by Nobody: 11:39am On Feb 01, 2019
angry
Re: 5 Businesses You Can Start With N50,000 In 2019 by Nobody: 11:39am On Feb 01, 2019
if u want a real business plan/idea, holla @ me

2 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by gadgetsngs: 11:39am On Feb 01, 2019
Easier said...
Re: 5 Businesses You Can Start With N50,000 In 2019 by Maket: 11:39am On Feb 01, 2019
How do I get the 50k?

57 Likes 3 Shares

Re: 5 Businesses You Can Start With N50,000 In 2019 by Ucheosefoh(m): 11:39am On Feb 01, 2019
6: Drop shipping: Yes drop shipping you may have been hearing about it and how expensive it is to start one but here is an alternative.
My case story: I have contact of importers of fashion wears (shoes, bags and sandals) what I do is to add my cost and seek for buyers through digital marketing (I'm a digital marketer and a chatbot developer) advertise the products on my chatbot running Facebook ad and using my timeline and Facebook story and WhatsApp story to promote to my friends and followers, once order comes in I forward their details to the importers to ship the products from their warehouse to the person's location. Two options of shipping, waybill or home delivery, my friends pay on delivery others pay before delivery. As a beginner the profits are small at the beginning I had no profit because I was chasing credibility and trust from satisfied customers through their testimonies.
I hope to scale it with an e-commerce website and chatbot integration.
For more on digital marketing and local drop shipping feel free to contact me.
No PM I don't know how to respond to it.
You can check out my other thread in digital marketing and chatbot below

https://www.nairaland.com/4995278/generate-5-star-reviews-facebook

https://www.nairaland.com/4907786/business-guide-grow-business-using

https://www.nairaland.com/4778444/make-more-money-using-chatbot

5 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by Nobody: 11:39am On Feb 01, 2019
Oyimeoyimemua:
Oriflame cosmetics, with 30k u can start up and be your own boss...

Will I have to hawk the cosmetic to make sales?

5 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by kennosklint(m): 11:40am On Feb 01, 2019
Bet9ja nkor? Or baba ijebu

5 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by kennyjam: 11:40am On Feb 01, 2019
ok
Re: 5 Businesses You Can Start With N50,000 In 2019 by Vulcanheph(m): 11:40am On Feb 01, 2019
Recharge cards business is a bad idea.
These days there is vtu,online recharge, mobile money etc....coupled with the fact that the business barely gives you more than 5% profit .

58 Likes 4 Shares

Re: 5 Businesses You Can Start With N50,000 In 2019 by coolfredo(m): 11:41am On Feb 01, 2019
Ok
Re: 5 Businesses You Can Start With N50,000 In 2019 by sirugos(m): 11:41am On Feb 01, 2019
How i wish Buhari is alive to see how Atiku is going to defeat Jubril

29 Likes 1 Share

Re: 5 Businesses You Can Start With N50,000 In 2019 by eagleeye2: 11:42am On Feb 01, 2019
okirika (bend down select.)

2 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by Shayolevels: 11:42am On Feb 01, 2019
Things are xpensive nowadays... Bills sef no carry last naija pple de struggle alot... Shout out to all the hustlers out there may God bless our hustle..
Just can't imagine how a family man with 4 kids de take survive with this kinda hustle

16 Likes 1 Share

Re: 5 Businesses You Can Start With N50,000 In 2019 by Chitumu(m): 11:42am On Feb 01, 2019
No 2 is wrong or incomplete. u didnt add the cost of electricity or heating sources eg nepa, gen or cooking gas. 50k wont start this kind of bussiness unless u are doin village pop corn.

3 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by Maket: 11:43am On Feb 01, 2019
Adieza:

2. Pop Corn Business : Getting a popcorn machine and producing popcorn is also a viable business idea, the machine goes for about 45000 naira, all you need is corn, butter and sugar, that’s all! you got yourself a business!!!
Can 5k takes care of the other expenses?

5 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by noobody(m): 11:43am On Feb 01, 2019
Not to deter anyone thou,or discourage any intending enterprenuer,

But recharge card biz don cast this days,

With the likes of banks offering data and recharge card services,ussd codes,jumia one,quick teller,etc

I am not sure anyone buys recharge cards any more,i cant remb d last time i saw paper or card recharge card,

Well mayb in remote or rural areas thou,and thats if someone has not harnessed that opportunity already

6 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by madmax2018: 11:44am On Feb 01, 2019
chenzen:
if u want a real business plan/idea, holla @ me

I need business ideas..pls contact me on whatsapp 08149570499, or you could leave urs here. Will contact you.

2 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by Gkemz(m): 11:44am On Feb 01, 2019
Op you failed to consider other logistics such the cost of acquiring the needed material for instance in pop corn business, you didn't mention the cost of acquring a bag of corn, butter, sugar,

Not to mention the cost of renting a space/shop where the business would be carried out. Even if you intend using the roadside, you have to get prepared for the touts and LG taskforce.

4 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by semyman: 11:45am On Feb 01, 2019
Adieza:
Nigeria is going to emerge as one of the strongest economic.

Many have been asking but which type of business can I start with N50,000?


3. Sales of CD/DVD’s Business : If you don’t like Nigerian movies, I am sure you like American Hollywood movies, how about Indian, Chinese and Philippines movies? uhumm. This is a money-spinning business, but some people thought there is nothing there. Do you know how much those movies you buy for 150 naira are been sold to the retailers? In case you don’t know, their counting price is 30 Naira each in Alaba market.

http://nijabox.co.uk/5-business-ideas-to-help-you-start-your-business-with-nija-box/
Piracy

4 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by pautex: 11:45am On Feb 01, 2019
grin grin grin

8 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by armourcop: 11:45am On Feb 01, 2019
I would rather recommend a small Importation business with that amount. From personal experience that is the surest business one can start immediately in this harsh Nigeria economy and make some cool money.

I have helped several people big and small in that regard

1 Like

Re: 5 Businesses You Can Start With N50,000 In 2019 by pautex: 11:47am On Feb 01, 2019
armourcop:
I would rather recommend a small Importation business with that amount. From personal experience that is the surest business one can start immediately in this harsh Nigeria economy and make some cool money.

I have helped several people big and small in that regard
418 SPOTED lipsrsealed

12 Likes

Re: 5 Businesses You Can Start With N50,000 In 2019 by SOFTENGR: 11:47am On Feb 01, 2019
kennosklint:
Bet9ja nkor? Or baba ijebu
grin you are on your own.
Re: 5 Businesses You Can Start With N50,000 In 2019 by Codes151(m): 11:50am On Feb 01, 2019
Na your brothers cause am! If we divide your go clear wella than this
Afonjas:
NIGERIA IS A VERY POOR COUNTRY,

SMH
Re: 5 Businesses You Can Start With N50,000 In 2019 by Nobody: 11:53am On Feb 01, 2019
If you love yourself, keep your cash till after election, except the risk is very low. The economy is not good. It is why both Atiku and Buhari should not be allowed again. But I know it is hard. So, keep your money till after election. My take.

3 Likes 1 Share

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