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BusinessRe: N3million Naira, What Business Profitable Business Can It Float? by jmichael259(m): 9:52am On Jan 09, 2017
P.S: i am using my area to estimate. Land/shop might be more expensive in ur area or u need to go to another area/state to invest.


3mil eh?
Someone already told u get ur own house? No matter if u b only child or ur papa get family house u must at least buy ur own land now. So let's start dia find a comunity outskirts of ur town or even anoda state wia land <= 1mil (weda ful or half plot) build 2rooms (400k) i_style for now.. LAND PRICE WILL DOUBLE OR TRIPLE IN 2 YEARS AND YOU CAN SELL RE-INVEST. It's also a good business plan.

Now afta securing ur own personally bought land u stl hav lets say 1.4mil remaining

BUSINESS PLANS:

1)AGPRICULTURE/CATERING/BAKING: This includes a wide range of small or medium scale enterprises e.g. Doughnut, meat pie, popcorn, chin chin, ice cream, cake making, fast food/shawarma spot, restuarant, snooker + bar, poultry, fish, piggery, COLD ROOM, beer/drinks, event decoration and catering services for occasions e.t.c. depot ESTIMATE: 500k-1.7mil @ ur desired or rented location based on your ability to supply products to market/customers. IF YOU OR YOUR WIFE DON'T KNOW ANY OF THIS AND CAN'T LEARN FOR YOURSELVE DON'T TRY IT. YOUR INVESTMENT WILL FAIL! Oga/madam must sabi run d biz b4 employ anoda person as worker 'not manager'.

2)Cyber biz centre (exam/sch reg, exam jamb/waec runs, printing/photocopy, designing posters/flyers e.t.c.) ESTIMATE: shop rent + 2500 generator + 2 computer systems(tokunbo) + 1 printer/photocopier + miscelaneous <=500k @ inside campus, busy street or strategic junction in town

3) Betshop: preferably bet9ja, surebet, merrybet, nairabet or 1960bet. ESTIMATE: 3 computer systems(tokunbo) + 26inch t.v + 2500* generator + shop rent + miscelaneous <= 500 -850k for a start @ around busy street/junction, viewing centre, bus park, campus e.t.c.

4)Viewing centre: rent one flat, warehouse, uncompleted building or land space and cover with tapolin (minimum 15ft by 40ft) ESTIMATE: dstv premium with dual view + 3000* generator + 2 x 32inch t.v + 2 medium size speakers + at least 20 benches(5 seaters) + miscellaneous <= 400k-800k @ residential, recreational or campus area with increased youth population at night/weekends (e.g. closer to school hostel not school gate)

5)EVENTS & RENTALS:
small scale = shop + sound equipments, amplifiers, speakers and stands, amps e.t.c. for rent (speaker + amp rented 8-10k/per day) <=600k @ campus or heart of town need publicity in the begining to tell ministries fellowships, event d.js e.t.c. BEING A KNOWN D.J OR MEMBER OF FELLOWSHIP WILL BE AN ADVANTAGE

Large scale: Volvo wagon/ small pickup(tokunbo) + 2 or 3 sets canopies + 40-100 plastic chairs for a start. ESTIMATE: 2mil @ almost any community close to town with small publicity.

THE BEST FOR YOU IS SYSTEM BASED WORKS e.g. BETSHOP, cyber/biz centre, web hosting, graphics designs, photo/videography, D.J. e.t.c dnt mind all these forex, bitcoin, cycler people for now(you can learn them later when you settle) to avoid money swim. IF YOU OPEN BETSHOP NO BET! Your daily gain from shortpayments + weekly commisions 30-200k depending on location IS MORE THAN ENOUGH! Trust me.

You must not spend more than 2.3million on both land and business (fix 400k in a rainy day account)
IF NA ONLY BUSINESS DONT SPEND MORE THAN 1.5mil. SAVE AT LEAST 800K (for rainy day account)

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