A friend of mine asked me this question, he said doing business is next for his life since he has been unable to secure a good job after his NYSC. Now I have given him few businesses I think he can but seems not yet satisfied. Nairalanders I trust you all but please reasonable ones, he resides in Ibadan.

biz9ja:
A friend of mine asked me this question, he said doing business is next for his life since he has been unable to secure a good job after his NYSC. Now I have given him few businesses I think he can but seems not yet satisfied. Nairalanders I trust you all but please reasonable ones, he resides in Ibadan.

With 70k? In this present time? He will end up losing the money for nothing

Buy 50kg rice. repackage in 1Kg packs. sell for N400-N500 per pack. Target school hostels as ur customers.

You are starting small now, who knows, tomorrow you might own the largest rice mill in Nigeria.

He can try set up a bet shop.

Own a business and work part time

isaackenshaw:
He can try set up a bet shop.

Bet shop?

grownaira:
Buy 50kg rice. repackage in 1Kg packs. sell for N400-N500 per pack. Target school hostels as ur customers.

You are starting small now, who knows, tomorrow you might own the largest rice mill in Nigeria.

I think you made sense, a bag of rice goes for 20k and if he sell at 500*50 that is 25......

biz9ja:


I think you made sense, a bag of rice goes for 20k and if he sell at 500*50 that is 25......

You got my point. That's more than 20% profit. Besides he can get a bag at less than 20k

Everything is on the highside. Many things are luxury now.be a middle man in many deals.

Bet shop is cool. There is cashflow if the person is

Packaging of farm produce is cool.

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