So many businesses in Nigeria started small and then grow to what they are today.

Having 100,000 naira to start a business is not the problem, but your ability to grow and expand the business.

Below are the business ideas you can start with 100,000 naira and be successful.

1. Cooking And Delivery Business

Cooking and delivery is a best business to start with 100k in Nigeria. Everybody likes food but not everybody can cook tasty food.

Moreover, nowadays people find it difficult to cook because of their busy schedules. Some families eat processed food which is not good for their health.

If you have the cooking skill and a passion for cooking, you can easily start this business with less than 100,000 naira.

You do not even need to rent a shop for this business, you can cook in your house and deliver it to customers in their homes and offices. You can also cook and sell at a busy junction.

Basic Things You Need To Purchase when starting your cooking and delivery business are:

A gas cooker
Pots
Pans
Plates of different types and sizes
Grinder/blender
Coolers/stock pots
Spoons and forks of different sizes
Toothpick/serviettes.
It’s not necessary you buy everything at a time, buy what your money can afford, and subsequently when you start making profits buy the remaining ones.

2. Car Wash Business

In this era, the car wash business is one of the most lucrative businesses anybody can start with 100,000 naira.

Nowadays many people do not have the time to wash their cars, some are stressed after the day’s work and some cannot wash their cars well and the only option they have is to take it to the car wash.

Car wash is a business you can start anywhere there are many cars and adequate water supply.

The car washing business thrives at every season—the rainy and dry season—in Nigeria, so you won’t have any drawbacks while operating the business.

Moreover, a good location is essential for starting a car wash business. You need to choose a place that is visible to everybody.

If you cannot rent a place, you can go from house to house to wash cars for people. No doubt car wash is a great business to start with 100k in Nigeria and be successfully.

Tools You Need To Start Your Car Wash Business
Car wash machine
Water supply
Storage tank
Generator set
Bucket, soap/detergent
Brushes for tyres
Towels, etc.

3. Selling Of Fairly Used Goods Or Clothes

Another business idea you can start with 100,000 naira is selling fairly used goods and clothes.

Most Nigerians buy fairly used items like gadgets, clothes, shoes, household items, etc. You can purchase these items and sell them both online and offline.

Again, with 100,000 naira, you can start selling thrift wear popularly known as okrika. Plenty of people prefer buying Okrika to brand new clothes.

Moreover, the poor economy of the country has made people buy what they can afford and not what they wish to buy.

Where To Buy Okrika Clothes In Lagos are:

Balogun Market
Yaba market
Tejuosho
Aswani market
Oshodi market
Katangua market
Badagry market, etc.

4. Laundry Business

This is a business idea that is very lucrative, yet easy to start. Nowadays, people are so busy that washing clothes are not on their agenda, and this has created job opportunities for people.

A good location is important to your laundry business. It is advisable to consider locations in open places with less competition where people can see you easily.

Your location should be residential areas, estates, or high-income neighborhoods, and a place you can easily access clean water, etc.
Basic Materials For Starting A Laundry Business

Buckets
Laundry detergents/soaps
Pressing Iron
Ironing board
Starch
Garment conveyor
Nylon and tags
Power generator
Shelves

5. Palm Oil Business

If you are still not satisfied with the business ideas I’ve mentioned above then you need to consider the palm oil business.

The palm oil business is one of the most profitable businesses anyone can do in this era because of its diverse usefulness.

Almost everybody uses palm oil to cook, you can even decide to be exporting it to other countries which would generate much income.

Moreover, palm oil does not have a steady price, you can buy and store palm oil when it is cheap and sell it when it becomes expensive.
Things To Consider When Starting Your Palm Oil Business

Below are the top important things you should consider when starting your palm oil business.

Choose your palm oil business model
Get your storage space and storage tanks.
Get your rubbers
Arrange with suppliers
Decide on transport arrangement
Market and sell your palm oil.

Credit: https://goldennewsng.com

Thanks for the info...

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