Obviously, there are several people with business ideas but have a small amount of money to start. If you check the story of successful business owners today, you will discover that many started from their homes or with the very little amount of money.

That said, do you have 100k at hand and you are wondering what type of business to start? In truth, there are several businesses you can start with N100k but I'll be sharing 10 of them in this article. Share these ideas with your friends and don't forget to add more in the comment section to help others.

1. Pop Corn Production And Sales

Popcorn is one of the snacks you can trust anywhere, anytime. Many people sometimes opt for Popcorn in place of food. You will also agree with me that popcorn is loved by both young and old. The market is quite wide, so you cannot go wrong with this business idea. All you need to start is fresh moist corn, butter, popcorn machine, sugar, salt and any other flavor you love to add.

2. Barbing Saloon

People visit the barbing salon regularly either to have a hair cut or to shave. The good thing about this business is that there is a ready-made market for it. What you need to start the business is a store, clipper, sterilizer, comb, generator, etc. On another hand, you can start the business by offering home service to your clients and thereafter get a saloon as you expand. With these, you may not even exhaust your N100k. So, you'll have leftover cash for other side hustles.

3. Grilling Business

You can also call it Suya - locally grilled cow meat. This business is majorly done by Hausas but other tribes are gradually gravitating towards the idea. To date, children and adults still crave this delicious treat.

Although Suya has been around for a long time, it will interest you to know that 'asun' (grilled meat), grilled fish and chicken (barbeque) are also gaining ground. To start, you can get a permanent stand, you can also go to grill at parties, dinners, birthdays, etc. and make some cool cash. All you need for this business is a griller, desired ‘protein‘ and spices.

4. E-Payment / POS Banking

The advent of POS Banking has really made life easy. With a token, you can withdraw money without having to queue at an ATM booth. Actually, many people find it difficult to queue at the ATM booth to withdraw. So, this business idea comes as a relief to them.

You can become a banking agent offering POS service to people. To start, visit any bank of your choice, and register to become one of their agents. After registration, you would be given a POS machine. While some banks give their POS for free, some charge a small fee for it.

5. Laundry / Dry Cleaning Service

Laundry can be a hurricane task for someone in a 9-5 job living in Lagos, coupled with the traffic faced on the way home. Individuals like these need someone to take the laundry task off them. so, here is another place to look if you are in search of a business idea that demands little capital to set up.

For a start, reach out to families around you, private company workers, bankers, and the likes. All you need to start is an iron, washing machine, and good soap. You can expand gradually as you gain more customers.

6. Production and Sales of Bedsheet and Pillowcase

There's actually no home without at least one or two bedsheets. Some families own more than five, depending on the size of the family. This goes a long way to tell you that this business idea is legit and lucrative. To begin, buy quality materials in bulk and get a very good tailor to sew for you. Then, start advertising to as many families as you can.

7. Production of Organic Skincare Products

More than ever before, many people are crazy about their looks, especially females. The beauty industry is a booming industry to delve into. The beautiful thing about this business idea is that it is scalable and there's no limit to how far you big you can become.

There are many chemicals out there destroying the skin. But, many people have discovered that organic products are the best option for their skin. So, give them what they want. Organic skincare products are quite lucrative and affordable to start. All you need to do is to get your materials and containers. You can actually get the containers at Ojota market, Lagos.

In case you don't know how to make organic skin care products, you can learn on youtube.

8. Phone Charging Business

A constant power supply is still an issue in Nigeria. And, of course, everyone wants their phone on at all times. Either for business purposes or otherwise. For phone charging business, your target audience are those without alternative power supply.

All you need for this business is a power source, and a large wooden board with lots of switches, to accommodate lots of phones.

9. Organic Drink Production and Sales

People are beginning to realize how detrimental soda drinks are to their health conditions. So, they are gradually gravitating towards naturally produced drinks. Anyone who goes into production and sales of naturally made drinks now is in to make lots of profit. To start this business idea, all you need is a blender, desired fruits, and ingredients, plastic bottles, and a refrigerator.

10. Errand Service

Errand Service is one of the easy businesses with much profit potential. Moreover, the business does not require any professional skill or certification whatsoever. Interestingly, you can start with very little capital.

Today, people are too busy such that it is difficult to run their errands themselves. So, they are more than willing to outsource the task. To start errand services, give your business a name, register it legally and start advertising it to your target audience.

There you have it guys.

Don't hesitate to add more business ideas if we miss out on any. https://www.entrepreneurs.ng/business-ideas-to-start-with-100k/