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Can 1m Start This Business? - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessCan 1m Start This Business? (640 Views)

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Can 1m Start This Business? by olabest(op): 12:01am On Jan 20
I'm a civil servant that need a side hustle to increase my earnings, soi have this plot of land that I want to sell for 1m and I I'm thinking of starting a Cement Business with the money.

I need ideas from people that are into this kind of business
Re: Can 1m Start This Business? by stainzville: 1:29am On Jan 20
Following with keen interest...
Re: Can 1m Start This Business? by ayoncox: 6:37am On Jan 20
olabest:
I'm a civil servant that need a side hustle to increase my earnings, soi have this plot of land that I want to sell for 1m and I I'm thinking of starting a Cement Business with the money.

I need ideas from people that are into this kind of business
which state are you around where lots of building construction are going on. Why don't you try manual brick laying first if you see the demands
Re: Can 1m Start This Business? by omakay(m): 9:55am On Jan 20
How much of stock can that money buy?

How much revenue can your sales generate to cover your overheads and also get you a decent net profit?

E no go work ooooooo.....

You go need to double that money before you fit start something. Definitely still not cement business...
Re: Can 1m Start This Business? by Emmabyte: 10:16am On Jan 20
If you have been in Nigeria for the past 2 years you should know the money is not enough and don't sale the land yet until you have something to Chanel the money into before you add to the 4 million in SW
Re: Can 1m Start This Business? by Elxcfd: 7:21pm On Jan 20
Learn about cucumber farming in sacks, look for extra 50k with water source. Fasting is starting in few weeks time you will be glad you took my advice.
Re: Can 1m Start This Business? by olabest(op): 9:56pm On Jan 21
Farming....I just quit farming
Elxcfd:
Learn about cucumber farming in sacks, look for extra 50k with water source. Fasting is starting in few weeks time you will be glad you took my advice.
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