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Re: What Kind Of Business Will Someone Start With N100,000 In Nigeria?
« #14 on: April 05, 2007, 12:59 AM »

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Buy 10 bags of Quality rice at 5000 naira per bag.
Share them into 2.5kg packs= 20 packs per bag.
Sell 2.5 kg packs in beautifully branded sachets to supermarkets,convenient stores,markets etc at 350-400 per pack wholesale.
Project Cost & Profitability.
10 bags of 50kg rice =200 packs of 2.5kg
10 bags 0f 50kg rice= 50,000 naira
Cellophane+Label packs=3 Naira/pack x 200= 600 naira
Distribution= 5000 naira
Marketing= 3000 naira
Miscelleanous=1400
Total Investmemt= 50,000+600+5000+3000+1400= 60,000
Return on Investment
200 packs at 400 naira each = 80,000 naira
You make a profit of 20,000 naira on your 60,000 investment.
It shouldn't take you 1 day to sell off 200 packs if you are a good marketer.On the other hand you can leave the marketing to an experienced distributor.
At 2000 packs a month or 80 packs a day you should be making a cool 200,000 naira per month on a 60,000 naira investment.
For a good sample of a nice pack, i can send u a mail.
There's a million other things you can start with a 100,000

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