Can 500k Start This Business? - Business (4) - Nairaland
Nairaland Forum › Nairaland General › Business › Can 500k Start This Business? (38722 Views)
| Re: Can 500k Start This Business? by prophetfire: 7:36am On Dec 15, 2024 |
Sirchiboy:It won't even be enough for shop and shelfs. Why not learn a skill. To repair gadgets and then start repairing gadgets and gradually you start putting small small gadgets to sell too? Gadgets like electrical or electronics or phone etc. |
| Re: Can 500k Start This Business? by bjtinz: 7:40am On Dec 15, 2024 |
From my interactions with such owners, the profit margin is not too great, the of course you have to consider competition. Unless it's just a side hustle for cash flow, but the again you need to carefully select your inventory so you don't tie money down. In all, I won't say it's bad, but do your due diligence first. Survey the market, consider your supplier, assess relative cost of utilities in the areas,etc. |
| Re: Can 500k Start This Business? by rapheal5(m): 7:49am On Dec 15, 2024 |
Jerryg56:That free mentorship na lie, Forex and IT guys on NL all lie about free mentorship but ask for 50 to 100k one time fee... How do you expect people who find it difficult to feed their self to send you 50k.... |
| Re: Can 500k Start This Business? by werisetogether(m): 7:52am On Dec 15, 2024 |
Sirchiboy:Thanks for sharing Maybe you could prayerfully consider doing your research in PH. Starting with people you know who could know anyone already in the business That way, you could find options on the best ways to ensure you get back your investment Fact is: a lot of trade secrets are not available online. Only the true players can help you avoid getting your fingers burnt. All the best |
| Re: Can 500k Start This Business? by Sirchiboy(op): 7:59am On Dec 15, 2024 |
gaddafe:. what business I can do to see atleast 5k daily |
| Re: Can 500k Start This Business? by vicfajeze: 8:00am On Dec 15, 2024 |
durentboi:Uber? |
| Re: Can 500k Start This Business? by Offpoint1: 8:02am On Dec 15, 2024 |
Sirchiboy:Na only Lagos or Abuja you fit make money for Uber, the other states na f9 |
| Re: Can 500k Start This Business? by Sirchiboy(op): 8:13am On Dec 15, 2024 |
Offpoint1:. No wonder bro. Did uber in PH for 10 months couldn't achieve anything. My car got spoiled and repair it with my feeding and savings. Ended up selling. That is why I am looking for business to do |
| Re: Can 500k Start This Business? by Sirchiboy(op): 8:13am On Dec 15, 2024 |
Offpoint1:. No wonder bro. Did uber in PH for 10 months couldn't achieve anything. My car got spoiled and repair it with my feeding and savings. Ended up selling. That is why I am looking for business to do |
| Re: Can 500k Start This Business? by Edipet(m): 8:18am On Dec 15, 2024 |
Jerryg56:please no vex can you teach me for completely free, secondly please, can you help me with data let me download YouTube videos |
| Re: Can 500k Start This Business? by franugo(m): 8:18am On Dec 15, 2024 |
Taba21:People wey no get sense for this NL plenty I swear |
| Re: Can 500k Start This Business? by cybriz82(m): 8:51am On Dec 15, 2024 |
durentboi:Ur brain need more oil 😂 500k to buy taxi or y mean bicycle? |
| Re: Can 500k Start This Business? by ufdfashion: 8:54am On Dec 15, 2024 |
SQLmastar:How are you doing this bro? |
| Re: Can 500k Start This Business? by newoffer: 8:58am On Dec 15, 2024 |
I know someone who does repairs of rechargeable gadgets. Man just finish his building. Stupid things gives money. JapaToDNext: |
| Re: Can 500k Start This Business? by Yippeedaniel(m): 9:02am On Dec 15, 2024 |
You can't. I'm into this business, only shop and shelf Don swallow ur money finish. Then those little goods u see dia cost alot. Common tin milk na 700 for on one tin, |
| Re: Can 500k Start This Business? by Dshocker(m): 9:10am On Dec 15, 2024 |
JapaToDNext:Guy calm down, my friend's father made so much billions from walk in super market with different branches. |
| Re: Can 500k Start This Business? by ufdfashion: 9:11am On Dec 15, 2024 |
pius4luv:Like how much? |
| Re: Can 500k Start This Business? by sheriffman(f): 9:33am On Dec 15, 2024 |
No Not Advisable Go into selling raw foodstuffs ,its better than this |
| Re: Can 500k Start This Business? by Offpoint1: 9:48am On Dec 15, 2024 |
Sirchiboy:I don't your base, I have business idea you can try. You may not even need all the money... Might not be instant million, but with consistency you can built a strong customer base. |
| Re: Can 500k Start This Business? by tojahh(m): 10:01am On Dec 15, 2024 |
This your 5m don dey finish o. E enter 4m, enter 2m now na 500k e dey. |
| Re: Can 500k Start This Business? by Sirchiboy(op): 10:11am On Dec 15, 2024 |
Offpoint1:. Name of businessbro |
| Re: Can 500k Start This Business? by Sirchiboy(op): 10:11am On Dec 15, 2024 |
tojahh:. U sabi me |
| Re: Can 500k Start This Business? by Elidrisy20: 10:34am On Dec 15, 2024 |
Invest in farming |
| Re: Can 500k Start This Business? by Bigii(m): 11:13am On Dec 15, 2024 |
Sirchiboy:Tied down kinda business😏 |
| Re: Can 500k Start This Business? by Offpoint1: 11:22am On Dec 15, 2024 |
Sirchiboy:Sorting products/items and reselling them online. |
| Re: Can 500k Start This Business? by jmichael259(m): 11:37am On Dec 15, 2024 |
Sirchiboy:Phone charging joined with barbing and/or Laundry (lotto, POS umbrella by the side) Depending on space, location and available workers, you can also add phone repair, phone and electronic accessories. Say no to petty provision business. It's only profitable if you have backup job or if you know the business very well and capable to invest heavily into it. Right now, starting provision (shop+goods) is a 2.5m venture. Anything less is just siddon dey look. |
| Re: Can 500k Start This Business? by Sonofgod1990(m): 11:49am On Dec 15, 2024 |
At the op. If seriously you want to startup a business and you Don't have the capital. Drop me your account so I can help you with 500k so you can add it up making 1 million so you can start up a business. Remain blessed |
| Re: Can 500k Start This Business? by serengetifarms: 11:52am On Dec 15, 2024*. Modified: 6:59pm On Dec 15, 2024 |
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| Re: Can 500k Start This Business? by Juniorangel(m): 11:58am On Dec 15, 2024 |
There is nothing wrong with this business, this is one of the business I run, just try dey do turnover and don't employ anybody even your wife sef should not be near the shop or else. Run the business on your own add POS and try rent shop for busy area you go dey cash out steady. |
| Re: Can 500k Start This Business? by Emeskhalifa(m): 12:06pm On Dec 15, 2024 |
Use am do POS and thank me later |
| Re: Can 500k Start This Business? by cutedharmee: 12:06pm On Dec 15, 2024 |
Pls use that money to buy grain from the North e.g buy bag of maize, okpa, rice, bean, onion, dry chilli pepper 🌶, palmoil and resell per mudu in your area then thank me later. Don't give your money to anyone to invest for you abeg. People are wicked |
| Re: Can 500k Start This Business? by Tenplet(m): 12:12pm On Dec 15, 2024 |
Pipsmarshall1:bro teach me na |
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