5 small business you can start up with 50k in your area

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Business requires the right attitude to follow it up, if you feel your too big to do some business then don’t do it. Look for the one that suits you and ensure that family and friends pay for anything they buy unless the business will sink. In business don’t copy the lifestyle of others else you will sink.

 

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1. Fairly Used Goods
Fairly used goods such as Jeans, Tops, t-shirts, shoes etc. They can be sourced at Badagry, even Cotonou. 100k can’t get you a bale but you can select and mix them. Wash then and pack neatly. Marketing is all it takes, you’ll sell and see your money multiply.

 

 

 

 

2. Snail Farming:
Snail farming in Nigeria is even more popular, due to its relatively cheap cost of startup and If you market your products well, your business will thrive. This is a business you can start from your backyard. Best in mind, snails take almost a year to mature so Patience is Key!

 

 

 

 

3. Tutorial Classes:
No matter your age, this is another well-paying job, either as part-time or full-time. Many families are willing to spend what it takes for their children’s success and there’s one subject you’re well versed at. Just close the gap, meet their need for a fee.

 

 

 

 

4. Pure water/bottle water business
If you are living in a popular location such as Lagos then pure water business could be a very good option, this business doesn’t required a lot of start up capital. with just #3000 to #5000 you can start this business in a stable way.

 

 

 

 

5. Liquid soap production.
Today many people now venture into liquid soap production business because it easy and selling faster, people uses soap every day, and there is this nameless new popular liquid soap with green color mostly. This soap are produced locally and doesn’t required much start up capital, it very possible to start this business with just #5000 Naira.
Before you start this business firstly it recommended that you meet with your neighbors and tell them of your new idea and when you will be starting production. Tell them you will be supplying them at a low rate from the normal price they use to buy.

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