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10 Businesses You Can Start With Less Than N10,000 - Business - Nairaland

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10 Businesses You Can Start With Less Than N10,000 by bukatee2015(op): 7:36am On Oct 13, 2015
»
seem to have no plan whatsoever for serious citizens who needs business start-up capital.

This is what 70% of Nigerian entrepreneurs experience on a daily basis. They have nice business ideas. These ideas are so bright that they only want to get it started and watch the money begin rolling in. Then, abruptly, they see the idea die because no money to kick starts the business.

Also, many employees are tired of the kind of jobs they have (particularly when it comes to the amount paid as salary) and while at this job, many want start something along at the same time. Yes, many just want to explore some business opportunities while they are still in paid employment. 


Below are some of the most profitable small businesses to start in Nigeria which any prospective investor can start with less than N10,000 and make substantial profit in it. You can also run some of them alongside your current employment.

1. Selling Used Books: You might be seeing those that do things by the roadsides and might wonder if the sellers are making money from it. Well, you can try it and be surprised at the profit margin, and you will be amazed at the rate at which Nigerians buy different books. Often times, used books are auctioned off at importers warehouses, look out for one of these warehouses and select nice used books (children books, educational books, arts and craft books, etc) as these categories of books sell very fast with high profit margin.

2. Web designing: This is a classic example of a high demand niche. You only need to have the basic skills and should be able to work with PHP and MySQL. One will also be able to get many clients if one can design custom wordpress themes. The starting point is to create a blog for yourself to show what you can do. One may also need to join forums where one can easily market one's skills to others.

3. Consultancy: Do you know something? I mean, anything? Do you know that many people don't know what you know? Do you know that many people will gladly pay to know what they don't know but which you know? You can be a source of advice or information on something, and charge people for it. Good news is that, you don't have to wait till you get thousands of Naira to open an office before doing this. The internet is a good medium to sell your knowledge to those who need it.

4. Photography Business: If you have a passion for photography, find out the requirements to starting up a personal media business. Despite the fact that many people are now using smartphones to snap pics every now and then, the services of professional photographers are always needed.

5. Office Supply: Some people who works in some offices finds it difficult to go out to the market to buy certain things like Wrist Watches, Shirts, Ties, and Perfumes. A smart person can see a space needing to be filled. You can help them do the shopping and charge moderately. You don’t be greedy like other suppliers who buys fake things for N1000 and wants to sell for N10,000 to 'office people'. (Note that regardless of their class, Nigerians value money)

If you are honest with your investment and offer affordable prices, your business may enjoy big contracts to supply in bulk to people you may come across in such offices.

6. Day Nursery: With both parents increasingly keen to return to work after having children, a day nursery is a big relief to parents who cannot let go of their jobs to stay at home nursing kids. You'll have to maximize your social contacts and inform friends and colleagues about what you do. This can be done and definitely going to make some money from this if you manage it well. One can start with #10,000 or less only if you already have things like space (your home) to be used.

7. Software And Computer Repair: Many people don’t know how to solve basic computer issues such as fixing a system crash, how to remove malware from a computer, how to download videos from YouTube, how to install software, solving internet connectivity issues etc. Simply advertise your services on social networks, BBM, WhatsApp and to close friends.

8. Graphic Designing: If you can master how to use programs like Corel Draw and Photoshop to design good lovely things, you could begin using it to make money. Many individuals and cooperation have seen the need of having professional logos for their brands, and are ready to pay a professional for that.

9. Tutoring Services: This business requires little or no capital. The most important thing here is knowledge. Then, strive to ensure you brush up yourself more in the subjects you will be offering. Simply approach parents of students in your street or place of worship, talk to them, and give them reasons to hire you.

10. Web Hosting: This is indeed one of the easiest businesses to start right now. You might want to consider this. You know, the world is going online now. With little or no capital, you can carry out due research on the best reseller plans that reliable web hosting companies in your location offer. Come on, do more research on this, and see how it goes.

So, what are you waiting for? Get to work!!!!!!

Re: 10 Businesses You Can Start With Less Than N10,000 by Nobody: 8:14am On Oct 13, 2015
OP are you high on weed? Start photography biz with N10,000? My camera battery is N15k, cheapest reasonable flash is N25k. Even with phone it still can be started with N10k.
Re: 10 Businesses You Can Start With Less Than N10,000 by Luizkid(m): 8:39am On Oct 13, 2015
Op pls ignore the guy above, these set of pple only look out for the negatives in all things
Re: 10 Businesses You Can Start With Less Than N10,000 by Princepri(m): 9:09am On Oct 13, 2015
keep decieving your self 10k to start a business is better you go drop that money in the bank and hustle for at least 100k before trying to venture into the business above because 10k cant start you any serious charges because by the time you list both your access and liabilites used in starting a buisiness even 100k will be like a joke. The thing is go and work and get the money before you think you can just borrow 10k and start making money from doing those businesses
Re: 10 Businesses You Can Start With Less Than N10,000 by AdejorLawrence(m): 9:10am On Oct 13, 2015
Hi Luizkid,
He is actually saying the truth, I am a photographer, photographing is not a job you can start with #10000.
Re: 10 Businesses You Can Start With Less Than N10,000 by olamibiddy(f): 12:08pm On Oct 13, 2015
U can actually start dis biz with 10k---------- Are u tired of complaining of being broke? Do u want 2 start ur own business? Oriflame is d right platform 4 u to be who u really want to be. Oriflame has Over 400 products which are a must use in every households. U register with just 1200(for ur catalogues and other guides to keep u in d biz), and 8800(for ur selected products). We have products from just #300. Just add me up for more INFO. Whatsapp(08078223355). BBM(32FD5CD7). Call(08032343974). U WILL BE AMAZED HOW #10,000(Ten thousand Naira) WILL TRANSFORM UR LIFE. Cheers!!
Re: 10 Businesses You Can Start With Less Than N10,000 by Distribusiness(m): 1:27pm On Oct 13, 2015
why can not you start wholesale foodstuff business in Nigeria and make residual income daily? Do you know many Nigeria people can not do it without food? then you know how foodstuff business trading booms get you rich. Do you want to want to know how to start wholesale foodstuff business with just N50,000 and make money daily? Then visit this FREE report: http://foodstuffbusinessboom..com.ng

bukatee2015:
»
seem to have no plan whatsoever for serious citizens who needs business start-up capital.

This is what 70% of Nigerian entrepreneurs experience on a daily basis. They have nice business ideas. These ideas are so bright that they only want to get it started and watch the money begin rolling in. Then, abruptly, they see the idea die because no money to kick starts the business.

Also, many employees are tired of the kind of jobs they have (particularly when it comes to the amount paid as salary) and while at this job, many want start something along at the same time. Yes, many just want to explore some business opportunities while they are still in paid employment. 


Below are some of the most profitable small businesses to start in Nigeria which any prospective investor can start with less than N10,000 and make substantial profit in it. You can also run some of them alongside your current employment.

1. Selling Used Books: You might be seeing those that do things by the roadsides and might wonder if the sellers are making money from it. Well, you can try it and be surprised at the profit margin, and you will be amazed at the rate at which Nigerians buy different books. Often times, used books are auctioned off at importers warehouses, look out for one of these warehouses and select nice used books (children books, educational books, arts and craft books, etc) as these categories of books sell very fast with high profit margin.

2. Web designing: This is a classic example of a high demand niche. You only need to have the basic skills and should be able to work with PHP and MySQL. One will also be able to get many clients if one can design custom wordpress themes. The starting point is to create a blog for yourself to show what you can do. One may also need to join forums where one can easily market one's skills to others.

3. Consultancy: Do you know something? I mean, anything? Do you know that many people don't know what you know? Do you know that many people will gladly pay to know what they don't know but which you know? You can be a source of advice or information on something, and charge people for it. Good news is that, you don't have to wait till you get thousands of Naira to open an office before doing this. The internet is a good medium to sell your knowledge to those who need it.

4. Photography Business: If you have a passion for photography, find out the requirements to starting up a personal media business. Despite the fact that many people are now using smartphones to snap pics every now and then, the services of professional photographers are always needed.

5. Office Supply: Some people who works in some offices finds it difficult to go out to the market to buy certain things like Wrist Watches, Shirts, Ties, and Perfumes. A smart person can see a space needing to be filled. You can help them do the shopping and charge moderately. You don’t be greedy like other suppliers who buys fake things for N1000 and wants to sell for N10,000 to 'office people'. (Note that regardless of their class, Nigerians value money)

If you are honest with your investment and offer affordable prices, your business may enjoy big contracts to supply in bulk to people you may come across in such offices.

6. Day Nursery: With both parents increasingly keen to return to work after having children, a day nursery is a big relief to parents who cannot let go of their jobs to stay at home nursing kids. You'll have to maximize your social contacts and inform friends and colleagues about what you do. This can be done and definitely going to make some money from this if you manage it well. One can start with #10,000 or less only if you already have things like space (your home) to be used.

7. Software And Computer Repair: Many people don’t know how to solve basic computer issues such as fixing a system crash, how to remove malware from a computer, how to download videos from YouTube, how to install software, solving internet connectivity issues etc. Simply advertise your services on social networks, BBM, WhatsApp and to close friends.

8. Graphic Designing: If you can master how to use programs like Corel Draw and Photoshop to design good lovely things, you could begin using it to make money. Many individuals and cooperation have seen the need of having professional logos for their brands, and are ready to pay a professional for that.

9. Tutoring Services: This business requires little or no capital. The most important thing here is knowledge. Then, strive to ensure you brush up yourself more in the subjects you will be offering. Simply approach parents of students in your street or place of worship, talk to them, and give them reasons to hire you.

10. Web Hosting: This is indeed one of the easiest businesses to start right now. You might want to consider this. You know, the world is going online now. With little or no capital, you can carry out due research on the best reseller plans that reliable web hosting companies in your location offer. Come on, do more research on this, and see how it goes.

So, what are you waiting for? Get to work!!!!!!
1 Reply

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