I am looking for an opinion of what sort of business I can start with 250,000.00 Naira. I am aware that this is a small investment figure hence am not expecting to be rich overnight. I can wait for between 3 to 6 months if need be to see any returns.

A friend suggests going for Cassava processing machineries although the figure of N370,000.00 was put to buying
3 machines, land, generator. I have the money but I want to see if there are other areas I can consider. Like I said above, am not in haste but at the same time, I will want a situation where my investment is secure and promising.

What am really interested in is something that can help others as well i.e. to provide employment.

Thanks for your ideas.

Linuxuser

A saloon ...all season business

First Response: Most people have ideas but what they don't have is the money. If you have the money but no ideas, then maybe you need to put the money in a bank so the rest of us can borrow the money and use it to execute our overwhelming multitude of ideas!

Second Response: Why not tell us what businesses you are interested in, so we can help you find out if 250,000 naira will be enough to start them off? I'm sure that's more of what you want, right?

Seun,

Thanks for your response. I honestly do not know the business to put this on. I have a small hosting company based in Europe and also do IT consultancy with application development. I went to Nigeria last week and saw for myself the level of things there. I simply want to put this money in a venture that will though earn me money but also I want some other people to have a job.

LoverBwoy
I am not sure am good enough for this. I do not want to consider any area I do not have any idea at all.

thats very good dont start a business u know nothing about ..i was just responding directly to the topic....and thats what i did

i'm loving it

You can request for detailed business research reports from companies in Nigeria before you commit your capital to an investment at home. A company I have dealt with is Project for Entrepreneurs - one of their guys writes such articles, which is published occasionally by the Guardian Newspaper in Gidi. However, remember to be a Nigerian in action and in dealing with people.

All the best.

with N250,000, i will advise you to get distributorship from nigeria flour mills and/or dangote for N150,000 and you can use the rest to do something else maybe get a store or something.

invest with millionare club try to open ate leasst 20
account with then and tou make $1700
every month

www.millionaireclub.s5.com
www.millionaireclub.s5.com
www.millionaireclub.s5.com

invest with millionare club try to open ate leasst 20
account with then and tou make $1700
every month

www.millionaireclub.s5.com
www.millionaireclub.s5.com
www.millionaireclub.s5.com

With #250,000 you can open up gsm phone centres, that way you can as much as 10-15 people employed and still get immediate return on your investments, the prob is that you have to device a way to monitor and supervise your phone operators unless within a few weeks they will return ur phones and start up on their own, good luck

here's my advice: give me the money!!!
No kidding, i'm actually planning on starting a fast food/resturant biz in my school (believe me it's hot biz there: we hardly have any of those around). would be pretty nice to have a partner and the finance is really needed, if youre trusting enough. But that's your best bet!

If you don't know what business to invest your money in then buy shares as a safe option. 

my brother why not look into joining what you have someone with 250,000. with 500,000 i know you an make over 1m in 3-6months in print advertisement. i am a print advertiser and i could help you out with some business plan financial projection. im personally looking forward to launching my print advertiser like the ADviser magazine we all know about. am lifeman we can talk more on mtn's midnight call if you can call me on 08036889964

I have a similar problem. what if i put my 250, 000 along with tours and lets see what business we can do with 500,000 in Abuja.

@Seeni4ever
Kindly tell me more about the Dangote Flour distributorship stuff. How does one register to become a wholesaler? It looks to me a cool business which one can monitor even as an employee.

Hi All,

Maybe you guys can check my thread on Genuine Investors & Enterpreneurs Meeting Place. We might be able to bring people on both sides together somehow,

Ciao

Kunlef

www.lekkilinks.com

You can invest it in our fishfarm. 08082090604

why not look inwardly on your field of expertise.Set up computer center.

with N250,000, i will advise you to get distributorship from nigeria flour mills and/or dangote for N150,000 and you can use the rest to do something else maybe get a store or something.

@ seeni4ever, I would like to know more about this personally through ayokemi2003@yahoo.com. Thanks.

This thread is 4 years old, i am sure the dude would have started the business and making his money by now.

it may be old but it can still be useful to someone out there.i'm sure you of all people should that a post can be more useful to someone else than the poster

i will advice you to have the idea of any business you want to invest your money on

My people, i want 2 commit my #500k to a biz, i'll get nothing after 3months, then from the 4th month, i'll start getting 8% for 2years(the agreed investment duration) is it a nice offer? Plz help out.

Don1Dee:

My people, i want 2 commit my #500k to a biz, i'll get nothing after 3months, then from the 4th month, i'll start getting 8% for 2years(the agreed investment duration) is it a nice offer? Plz help out.

try forex trading,

Don1Dee:

My people, i want 2 commit my #500k to a biz, i'll get nothing after 3months, then from the 4th month, i'll start getting 8% for 2years(the agreed investment duration) is it a nice offer? Plz help out.

financial bondage . . .

why u kukuma no find extra change join am go dey buy gold for dubai begin dey make x3 or more from sales ?