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Please Advice, I Have #900k, What Type Of Business Should I Invest In? - Career - Nairaland

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Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Jaaa: 8:16pm On Feb 02, 2020
Please advice, I have # 900k, what type of business should I invest in?
Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Wtfork: 8:42pm On Feb 02, 2020
It is better you come up with a business idea you have in mind and if there are challenges you are having or anticipating then we can assist with our contributions.

Coming here to ask for what type of business to invest in could mislead you to a business you have no knowledge of. However , depending on your location I would advise u invest in a business that provide services such as a barbing saloon , laundry , or even some kind of trade.

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Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Casinger: 8:58pm On Feb 02, 2020
Dhil investment (Crime alert security network) You can thank me later

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Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Casinger: 8:59pm On Feb 02, 2020
Dhil investment (Crime alert security network) You can thank me later
Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Jaaa: 9:03pm On Feb 02, 2020
Casinger:
Dhil investment (Crime alert security network)
You can thank me later

Please explain better
Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by mohd001: 11:09pm On Feb 02, 2020
please borrow me 700k that is all. May God reward u back abundantly, dont worry.
Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Hed0nist: 11:09pm On Feb 02, 2020
2 odds.

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Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by HRHQueenPhil(f): 8:28am On Feb 03, 2020
Invest in bulk oats, milk, cornflakes, spaghetti and milk. Many people buy this as they can't afford the normal ones. A good location is a blessing to this business though. Go to trade fair in lagos for more enquiries

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Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by CrazyMan(m): 8:52am On Feb 03, 2020
Jaaa:
Please advice, I have # 900k, what type of business should I invest in?
Where are you based
Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Jaaa: 9:21am On Feb 03, 2020
CrazyMan:

Where are you based

Ibadan
Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by CrazyMan(m): 3:27pm On Feb 03, 2020
Jaaa:

Ibadan
Ibadan is a great City to start up a very good business with such capital...however, here are a few options I'll give out that you can pick from with your 900k

1. Dry cleaning business. With less than 500k you'll get your washing machine, shop rent, generator, iron, and other expenses.

2. Car wash with less than 600k you can begin this business, all you need is a good location with a very good drainage system then the following items for start-up.
Overhead tanks to store water in scarcity
Generator to power the equipment and lightings
Detergents that are friendly to the car painting layer
Buckets, brushes, mop and towels or car washing machine if affordable
There might be some more to meet specific demands of customers but above are the least things needed for initial stage.

3. Betting shop This is another area you can invest your 900k. In a location like ibadan, you can easily find someone who's willing to sell his bet shop less than 700k. And because the youths of today see betting as a way out of poverty and hardship, you're definitely going to make it.

4 Standard barbing saloon With less than 900k you can startup a standard barbing saloon business. Just get the shop rent have a carpenter construct the wood work, then do the necessary shop registration as required in your location, and get the following items
Large mirror
Generator
Clippers
After-shave, powders, other barbing creams, Combs...etc
Chairs.
Fan

Good luck

4 Likes

Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by MrAlert(m): 8:03pm On Feb 03, 2020
Forex copy trading.
Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Kpokrikpo: 11:28pm On Feb 03, 2020
What about agriculture ( say poultry or fishery aspects of animal farming)
Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by CrazyMan(m): 8:57pm On Feb 07, 2020
Kpokrikpo:
What about agriculture ( say poultry or fishery aspects of animal farming)
You must understand animal farming in details before going into it. All those scammers selling handbooks and boasting of how you can make millions through animal farming, don't have a single farm. Most of them haven't even seen a cat fish pond before.

What they use for survival is the proceedings made from the sales of their e-book, seminars...etc and not the farm itself cos they have none.

Poultry and fisheries are good business but there is more to it. I have a friend who invested over 5m in poultry farming. As I'm typing this, his farm has been abandonded. He couldn't even secure half of the capital used for the business.

I'm not saying its a bad business, but if anyone must go into it, I'll advice that you look for those who have left the business after recording some level of success and picked up another line of interest more profitable than the former, and let them advise you...they're the ones who you're guranteed an honest opinion. They'll tell you the secrets, advantages, disadvantages, feeding, the breed that moves market in your location, the sizes that sells faster, medicine, water treatment to prevent infection (for fish farming)...etc. you'll get all this vital information for free cos they know that you're not competing the market with them since they themselves are no longer in it.

Anything outside professional opinion from an experienced animal farmer, you're definitely going to learn the business the hard way after recording repeated lossess.

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Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Kpokrikpo: 9:13pm On Feb 07, 2020
CrazyMan:

You must understand animal farming in details before going into it. All those scammers selling handbooks and boasting of how you can make millions through animal farming, don't have a single farm. Most of them haven't even seen a cat fish pond before.

What they use for survival is the proceedings made from the sales of their e-book, seminars...etc and not the farm itself cos they have none.

Poultry and fisheries are good business but there is more to it. I have a friend who invested over 5m in poultry farming. As I'm typing this, his farm has been abandonded. He couldn't even secure half of the capital used for the business.

I'm not saying its a bad business, but if anyone must go into it, I'll advice that you look for those who have left the business after recording some level of success and picked up another line of interest more profitable than the former, and let them advise you...they're the ones who you're guranteed an honest opinion. They'll tell you the secrets, advantages, disadvantages, feeding, the breed that moves market in your location, the sizes that sells faster, medicine, water treatment to prevent infection (for fish farming)...etc. you'll get all this vital information for free cos they know that you're not competing the market with them since they themselves are no longer in it.

Anything outside professional opinion from an experienced animal farmer, you're definitely going to learn the business the hard way after recording repeated lossess.
Thanks a lot for the advice bro
Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by BigSarah(f): 11:46pm On Feb 07, 2020
T-shirt production, 100% return on investment guaranteed.

1 Like

Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Tonyfx: 12:56am On Feb 08, 2020
Jaaa:
Please advice, I have # 900k, what type of business should I invest in?

If you want to venture into any business, better you look deep down within yourself and find something you're at least passionate about because every business has its own challenges and if you start something you don't like or ain't passionate about, when the challenges come you might get frustrated to the point of quitting and risk losing your investment.

1 Like

Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by cuttestprince(m): 1:16pm On Feb 08, 2020
Invest half in plantain farming,contact sedulus here on nairaland
Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Honeydenz(f): 8:03pm On Feb 08, 2020
Transportation business. Get a Toyota Sienna, preferably 2002 model. 800-900k will get a very sound Nigerian used sienna. That's what my graduate bf was doing before he found a job, very lucrative. That's if you know how to drive!!

1 Like

Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Tiamiyu01(f): 5:48am On Feb 09, 2020
You can sell anything provided you have the right market strategy but instead of thinking business, you can invest with your money till you have an idea to establish
Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Skylarktunes(m): 8:01am On May 20, 2020
... And how is your business now or u want me to introduce u to a better platform where I invest my money?
U fit reach me on 08133919994
Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by Opeeey: 8:46am On Jul 29, 2020
Dhil or what? Abeg don't try it o, u dnt kw what they call "gbaju e" crime alert ko, crimina attack ni.
Use ur money to buy camry 2004 and start taxify business every week u will make 200k
Re: Please Advice, I Have #900k, What Type Of Business Should I Invest In? by nnekaike(f): 8:41pm On Jul 29, 2020
HRHQueenPhil:
Invest in bulk oats, milk, cornflakes, spaghetti and milk. Many people buy this as they can't afford the normal ones. A good location is a blessing to this business though. Go to trade fair in lagos for more enquiries
pls like how much will be enough to start this business.

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