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What Business Can You Start With 80,000 Naira - Business - Nairaland

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What Business Can You Start With 80,000 Naira by Nobody: 10:41am On May 26, 2020
Mm
Re: What Business Can You Start With 80,000 Naira by OsuMustGo: 10:43am On May 26, 2020
Pentolution:
I just resigned from my job as a contract staff from my place of work. I earn little and from it I feed and transport myself, the remainder is barely enough for me. But I have been able to raise 80k. what profitable small business can I embark on?

please nairalanders who have successfully grown their business kindly advise.
Goan buy facemasks and be selling on the road

5 Likes

Re: What Business Can You Start With 80,000 Naira by scarwiz(m): 10:43am On May 26, 2020
ice block business

1 Like

Re: What Business Can You Start With 80,000 Naira by Seniorwriter(m): 10:48am On May 26, 2020
Keep saving.....however you need to state what u want(full-time or Part-time business) for better advice to be served to you.........I'll advise you once there is clarity of purpose.
Re: What Business Can You Start With 80,000 Naira by 1realBobby(m): 10:52am On May 26, 2020
you should have started the business first before thinking of quitting your job... wrong move

4 Likes

Re: What Business Can You Start With 80,000 Naira by Coolabbie: 11:00am On May 26, 2020
OsuMustGo:

Goan buy facemasks and be selling on the road
Is it the one they are now selling two for fifty naira?

6 Likes 1 Share

Re: What Business Can You Start With 80,000 Naira by OsuMustGo: 11:10am On May 26, 2020
Seniorwriter:
Keep saving.....however you need to state what u want(full-time or Part-time business) for better advice to be served to you.........I'll advise you once there is clarity of purpose.
He should keep saving what? The remainder money after quitting his job and be eating sand abi?

2 Likes

Re: What Business Can You Start With 80,000 Naira by Nobody: 12:16pm On May 26, 2020
Seniorwriter:
Keep saving.....however you need to state what u want(full-time or Part-time business) for better advice to be served to you.........I'll advise you once there is clarity of purpose.

full time
Re: What Business Can You Start With 80,000 Naira by oazeez1991(m): 1:11pm On May 26, 2020
This present situation (Corona) has cripple lot of things, business inclusive. D only business u cud do at dis period is tinz of high demand such as food stuff, Agent Banking (POS).

If not 4 dis issue of Corona, wud av suggest u invest 35k out of it on Passport Photograph business, nd expect 100℅ ROI within a month (depending on hw strategic nd unsaturated d place u wanna commence it is).

Based on d ongoing situation, ur best bet is POS buz as u gonna still av control over ur money after u must av gotten d POS. Mind u, getin it 4rm bank wudn't be easy, but 4 an easy route, u can option 4 d FinTech own (MPOS (mobile POS)) which shud cost u just registration fee of abt 14k, depending on d FinTech company u dealing wif.

Both buz r wat I'm in2. Thou, d passport has not been generating income wif d present situation, but 4 d POS, demand is olwez dia nd dat's wat I've been recently coping wif, even thou I just started not long.

4 Likes

Re: What Business Can You Start With 80,000 Naira by BUGOFF(m): 2:48pm On May 26, 2020
oazeez1991:
This present situation (Corona) has cripple lot of things, business inclusive. D only business u cud do at dis period is tinz of high demand such as food stuff, Agent Banking (POS).

If not 4 dis issue of Corona, wud av suggest u invest 35k out of it on Passport Photograph business, nd expect 100℅ ROI within a month (depending on hw strategic nd unsaturated d place u wanna commence it is).

Based on d ongoing situation, ur best bet is POS buz as u gonna still av control over ur money after u must av gotten d POS. Mind u, getin it 4rm bank wudn't be easy, but 4 an easy route, u can option 4 d FinTech own (MPOS (mobile POS)) which shud cost u just registration fee of abt 14k, depending on d FinTech company u dealing wif.

Both buz r wat I'm in2. Thou, d passport has not been generating income wif d present situation, but 4 d POS, demand is olwez dia nd dat's wat I've been recently coping wif, even thou I just started not long.


where are you located? also, is opay any good? could you give further details? I hear dealing with banks are safest but, the stress of registration is much.

Any experienced person to educate us, please?

2 Likes 1 Share

Re: What Business Can You Start With 80,000 Naira by sulaimon22: 4:32pm On May 26, 2020
oazeez1991:
This present situation (Corona) has cripple lot of things, business inclusive. D only business u cud do at dis period is tinz of high demand such as food stuff, Agent Banking (POS).

If not 4 dis issue of Corona, wud av suggest u invest 35k out of it on Passport Photograph business, nd expect 100℅ ROI within a month (depending on hw strategic nd unsaturated d place u wanna commence it is).

Based on d ongoing situation, ur best bet is POS buz as u gonna still av control over ur money after u must av gotten d POS. Mind u, getin it 4rm bank wudn't be easy, but 4 an easy route, u can option 4 d FinTech own (MPOS (mobile POS)) which shud cost u just registration fee of abt 14k, depending on d FinTech company u dealing wif.

Both buz r wat I'm in2. Thou, d passport has not been generating income wif d present situation, but 4 d POS, demand is olwez dia nd dat's wat I've been recently coping wif, even thou I just started not long.


which Fintech pos are u using? I want to get one ASAP
Re: What Business Can You Start With 80,000 Naira by oazeez1991(m): 4:42pm On May 26, 2020
BUGOFF:

where are you located? also, is opay any good? could you give further details? I hear dealing with banks are safest but, the stress of registration is much.

Any experienced person to educate us, please?

I'm not using Opay, so I wudn't know abt dia offer, but sm claim dey r okay.

Yes, dealing wif banks are safest, but dia terms & conditions in getin dia POS is herculean, thou it used 2 be easy back den.

FinTech POS network isn't encouraging most of d time compare 2 banks POS, but are cheaper nd easier 2 get wif little effort.
Re: What Business Can You Start With 80,000 Naira by oazeez1991(m): 4:48pm On May 26, 2020
sulaimon22:


which Fintech pos are u using? I want to get one ASAP

Pay Centre, nd it cost 14k nd sm documents filling & submission 4 it registration. Thou, it come wif sm network headache if it's smtin u cud put up wif.

Had it been I was able 2 get dat of bank own, wudn't av had it consider, but just an alternative 2 put of wif.

1 Like

Re: What Business Can You Start With 80,000 Naira by abobote: 4:50pm On May 26, 2020
okrika cloth or food stuffs

1 Like 1 Share

Re: What Business Can You Start With 80,000 Naira by sulaimon22: 5:38pm On May 26, 2020
oazeez1991:


Pay Centre, nd it cost 14k nd sm documents filling & submission 4 it registration. Thou, it come wif sm network headache if it's smtin u cud put up wif.

Had it been I was able 2 get dat of bank own, wudn't av had it consider, but just an alternative 2 put of wif.

ok thanks. aside the registration is dia any oda charges, and secondly how is the sales, is it profitable enough to venture into?

Did u get a shop for it or you process all these mini branded kiosk from MTN and Airtel?
Re: What Business Can You Start With 80,000 Naira by oazeez1991(m): 6:26pm On May 26, 2020
sulaimon22:


ok thanks. aside the registration is dia any oda charges, and secondly how is the sales, is it profitable enough to venture into?

Did u get a shop for it or you process all these mini branded kiosk from MTN and Airtel?

No extra charges aside money u gonna be using as tfare down 2 dia office to-nd-fro, or if u gonna be registering through one of dia Ambassador, d cost of avin it deliver 2 wia u r is wat u gonna need foot.

As per it profit, it profitable dependin on d area or place u r 2 do it, as much as it's not yet saturated at wia u r.

Concernin d shop, I don't av a shop of my own, just managin in sm1's shop as it's a buz dat doesn't really require renting shop, but getin a place 2 use as customer base dat u cud feel secure in, as per d cash u gonna be handlin. U can talk 2 an existing shop owner u know 2 let u manage at his/her place, if u r chance, den u r gud 2 go.

1 Like

Re: What Business Can You Start With 80,000 Naira by Nobody: 7:47pm On May 26, 2020
oazeez1991:


I'm not using Opay, so I wudn't know abt dia offer, but sm claim dey r okay.

Yes, dealing wif banks are safest, but dia terms & conditions in getin dia POS is herculean, thou it used 2 be easy back den.

FinTech POS network isn't encouraging most of d time compare 2 banks POS, but are cheaper nd easier 2 get wif little effort.

please how did you get the POS?
what are the processes and steps?

and how do you cope with the cash flow? example in a situation where the demand for cash exceeds supply.
Re: What Business Can You Start With 80,000 Naira by oazeez1991(m): 9:29pm On May 26, 2020
Pentolution:


please how did you get the POS?
what are the processes and steps?

and how do you cope with the cash flow? example in a situation where the demand for cash exceeds supply.

I got it through one of their Ambassador (Pay Centre Ambassador) who virtually did evritin 4 me. Ol I did was 2 fill sm form he sent 2 me which I later scanned nd resend 2 him after filling, nd also forward document like Utility Bill, Valid ID Card, a passport which was attached to one of d form, den sent him 14k 4 registration as it was address on d T & C form, he den process nd send d package(MPOS also know as PinPad, T-Shirt, Cable Charger nd Banner) 2 me as we r distance apart, d activation was done via his directive ova WhatsApp call.

As per coping wif cash, u av 2 do away wif wat u av at d moment, den u improve wif time. Shud u run out of cash, u cud rush down 2 ur bank nearest ATM stand 2 withdraw, den return back 2 ur point of sales 2 continue, or u stop transactions 4 dat day till u get 2 withdraw back d money in ur wallet.
Re: What Business Can You Start With 80,000 Naira by Nobody: 11:26pm On May 26, 2020
oazeez1991:


I got it through one of their Ambassador (Pay Centre Ambassador) who virtually did evritin 4 me. Ol I did was 2 fill sm form he sent 2 me which I later scanned nd resend 2 him after filling, nd also forward document like Utility Bill, Valid ID Card, a passport which was attached to one of d form, den sent him 14k 4 registration as it was address on d T & C form, he den process nd send d package(MPOS also know as PinPad, T-Shirt, Cable Charger nd Banner) 2 me as we r distance apart, d activation was done via his directive ova WhatsApp call.

As per coping wif cash, u av 2 do away wif wat u av at d moment, den u improve wif time. Shud u run out of cash, u cud rush down 2 ur bank nearest ATM stand 2 withdraw, den return back 2 ur point of sales 2 continue, or u stop transactions 4 dat dayt till u get 2 withdraw back d money in ur wallet.

please could you give me the office address, so that I can go there and make my request.
Re: What Business Can You Start With 80,000 Naira by Springsdy456958(m): 3:10am On May 27, 2020
[quote author=Pentolution post=89997516]

please could you give me the office address, so that I can go there and make my request.[/quotehttps://paycentreafrica.com/


That's the site
Re: What Business Can You Start With 80,000 Naira by Springsdy456958(m): 3:11am On May 27, 2020
[quote author=Springsdy456958 post=90000085][/quotee. https://paycentreafrica.com
Re: What Business Can You Start With 80,000 Naira by chosenmopol(m): 6:54am On May 27, 2020
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Re: What Business Can You Start With 80,000 Naira by Peterpan222(m): 7:49am On May 27, 2020
Pentolution:
I just resigned from my job as a contract staff from my place of work. I earn little and from it I feed and transport myself, the remainder is barely enough for me. But I have been able to raise 80k. what profitable small business can I embark on?

please nairalanders who have successfully grown their business kindly advise.

Honestly, 80k may not be able to start you heavy and fast moving business because the current economy of the country.

One business you can do with that amount is food (mama put) if you can cook. Or
Sachet water supply

On the other hand, Look for another job and start. Must not be an office job. Get your hands dirty, join bakers in bakery, fast food etc..Make more money from there at least, hunger won't wire you. Then, while doing so, invest your 80k and be earning good passive income. Beware of scams though.

If earning N5k every 10 days with your 80k is good for you then hola me. It's actually, more than 80k but I can assist you in toping it up to completion. Then agree to terms on how you will be refunding me gradualy only if you are promising type.

Or

You can decide to sell stuff in school environment.
Re: What Business Can You Start With 80,000 Naira by Macsjebs: 8:00am On May 27, 2020
Your best bet is FMCG
Re: What Business Can You Start With 80,000 Naira by Millennialaku(m): 8:15am On May 27, 2020
OsuMustGo:

Goan buy facemasks and be selling on the road
grin

1 Like

Re: What Business Can You Start With 80,000 Naira by Chigorkizz(m): 10:50am On May 27, 2020
Bro. What is power situation in ur area?
Almost every body use mobile phone and will always want their phone to be on.

Get a Electric generator, buy sockets or extension, chargers. Start charging of phones. Collect 50# for each phones.
You can make 5-7k everyday.
Talking from experience.

1 Like

Re: What Business Can You Start With 80,000 Naira by tolumyti: 4:13pm On May 27, 2020
can one send verification code to OPAY bd staff after pos approval
Re: What Business Can You Start With 80,000 Naira by Ucheosefoh(m): 5:47pm On May 27, 2020
I will recommend real estate agency business.
People are looking for houses to rent, properties to buy and land to buy or lease.

I am into it and have been able to market my listings super cheap with Facebook ad.

Re: What Business Can You Start With 80,000 Naira by iCauseTrouble: 7:59pm On May 27, 2020
Best advice for now. Just invest like 20k into the business. Stand close to a police check point and start selling. People will buy from you or pay fine to the police when move forward
OsuMustGo:

Goan buy facemasks and be selling on the road

1 Like

Re: What Business Can You Start With 80,000 Naira by OsuMustGo: 8:15pm On May 27, 2020
iCauseTrouble:
Best advice for now. Just invest like 20k into the business. Stand close to a police check point and start selling. People will buy from you or pay fine to the police when move forward
Are you drunk?
Don't be stupîd
Re: What Business Can You Start With 80,000 Naira by Sheyilaw123: 2:57pm On May 28, 2020
[quote author=Ucheosefoh post=90022204]I will recommend real estate agency business.
People are looking for houses to rent, properties to buy and land to buy or lease.

I am into it and have been able to market my listings super cheap with Facebook ad.[/quote

Am interested in real estate, pls how do I get on board.
Re: What Business Can You Start With 80,000 Naira by Delejumi(m): 3:32pm On May 28, 2020
Get paid for viewing ads https://uufmoney.xyz/955067671835422/

1 Like

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