₦airaland Forum

WhatIf:
My wife with my support use to buy directly from the poultry farm, and either sell by retailing or directly to the consumers. At least, in a week, we are making between #35,000k to #45,000

That's a cool ROI. In my case I want to be the farm

emmy512:
That's a cool ROI. In my case I want to be the farm

That capital is not enough.


Why not start with that?

Forex Trading any day

durentboi:
Why you wan do this kinda yeye business. E no beta make u carry taxi dey drive?

U know im pocket strength?
Suggest a better business for him instead

If the shop is available and already furnished, then you can start small, but it won't reach.

Taba21:
Hope you're not Igbo cos hand will soon start reaching all of you,one by one since you guys are terrorist.

I use God beg u no carry this your brain enter next year...e get why.

Just Squander The Money, It's Better,

I already know that 500k can start business. Even with 10k. U can start zobo business

Even tailoring you are just joking go ask the price of different sewing machine and you also forget to add shop rent... Tailoring business you need to understand that how you set your shop matters..

CodeTemplarr:
Grocery business with N500k. The lord is your strength.

Try another thing. Tailoring. Food processing or cooking.

emmy512:
Can you throw more inside?

I've been looking to diversify and start some animal and poultry business.

Egg laying only and goats.

I've figured out the goat aspects but will like to hear your perspective here on egg business.

I've also come up with marketing and ways to market my products differently from others in my state.
I just need to hear from someone in it already and their experience cos a friend who's parents had such I know they ended it this year cos of economy

Don't just chose wats common. How many does a goat birth at a time and how long to maturity. Everything now na calculation n smartness.

suckprick:
Na 500k hin go use buy car for taxi?

the thing vex u

durentboi:
Why you wan do this kinda yeye business. E no beta make u carry taxi dey drive?

500k go buy Taxi?

Do something else.
It won't work

thesicilian:
Personally I don't think 500k is enough to start this, except you remove the cost of shop rent and furnishings.

BTW, OP's question was, can 500k start this business? Yet people are suggesting their one business. Some that may even come online tomorrow to beg with different usernames are still insulting the business on top.

Because that business is crap, the profit from that monthly is not up to 30k, you want someone to sit down with that every month.

Except it is in an estate, most of those things are not necessities, and those with money will prefer Big shops where they can get everything at one.

The shelves alone is about 500k

Sirchiboy:
Please can 500k start this business in PH

Hell No! It cannot. Have you checked the prizes of beverages and FMCG lately? Add that to the exorbitant shop rents in PH. 500k is just a fraction of the opening costs.
To open the business above, you need a minimum of 3M.
However, if 500k is the only fund currently available, I can help you manage it until it reaches about 3.5M within 2-3 months.

SQLmastar:
Hell No! It cannot. Have you checked the prizes of beverages and FMCG lately? Add that to the exorbitant shop rents in PH. 500k is just a fraction of the opening costs.
To open the business above, you need a minimum of 3M.
However, if 500k is the only fund currently available, I can help you manage it until it reaches about 3.5M within 2-3 months.

..
How

To construct that shelve alone na 200k+ for standard one. Inflation is too high, 500k can't.

Pipsmarshall1:
Forex Trading any day

bro abeg no vex for asking.

Are u making money from forex? Like hw much

durentboi:
bro abeg no vex for asking.

Are u making money from forex? Like hw much

Yes its a profitable business. How much a trader makes depends on the capital. Like any other business in forex trading you must first learn the skill before earning.

As to my earnings, i cannot tell you.

Pipsmarshall1:
Yes its a profitable business. How much a trader makes depends on the capital. Like any other business in forex trading you must first learn the skill before earning.

As to my earnings, i cannot tell you.

pls but why can't you tell me?

Render Services instead of doing buying and selling.

Empresa:
Render Services instead of doing buying and selling.

Service like what?

Egg business is a very lucrative business especially in area without any egg depot and close to bus stop. If you buy directly from the farm you sell with N100 or N200, your profit depends on the no of crates you buy weekly.

emmy512:
Can you throw more inside?

I've been looking to diversify and start some animal and poultry business.

Egg laying only and goats.

I've figured out the goat aspects but will like to hear your perspective here on egg business.

I've also come up with marketing and ways to market my products differently from others in my state.
I just need to hear from someone in it already and their experience cos a friend who's parents had such I know they ended it this year cos of economy

NO

JapaToDNext:
go and learn a hand skill (learn how to repair things like home gadgets, fans, e.t.c)

After learning, go and open a repair shop

Then attach the above to any other online skill you have

At the end you manage your time yourself and still make money

GOOD ONE

How much is rent alone in port?
Immediately you open the shop and put up a signboard, the revenue board will show up

Sirchiboy:
So that mini super market no dey move market

to make money from provisions business, you have to be able to sell in bulk and push volumes and that will require à lot of capital. That one in the picture won't give you any reasonable profit.

How please, interesting, more inside biko?

WhatIf:
Why not venture into egg business with that money. You will thank me later.

thesicilian:
Personally I don't think 500k is enough to start this, except you remove the cost of shop rent and furnishings.

BTW, OP's question was, can 500k start this business? Yet people are suggesting their one business. Some that may even come online tomorrow to beg with different usernames are still insulting the business on top.

im just wan enrich the agents finish. Dem go collect all the money before you come see better shop. Next will irresponsible Landlord pikin wahala if you are unlucky.

Me I no lie for you

If you get shop for better location, start bottle water business with that 500k within 6 months you go know wetin u save

Sirchiboy:
Please can 500k start this business in PH

Find one shop rent , start cooking and selling bread and beans for place wey people dey , you go hammer