5 Businesses You Can Start With 20,000 Naira And Become Rich
Lack of money is usually the excuse most Nigerians give for not starting a business, but lack of idea is actually the problem you’ve got to think about.
There are businesses you can start with as little as N20,000, but if you have no idea of what to do with 20k, you’ll probably think starting a small scale business is the most difficult thing to do.
You don’t have to think this way anymore, I’ve put together a list of businesses you can start with very little capital and still make good profits.
So, if you’ve always thought of having a small scale business, money and idea shouldn’t be your problem again. Just check your bank account, if you find N20k you’re not going to use anytime soon, you can start a profitable business that’ll give you a genuine financial freedom. Check them out:
1. Bead Making
Beads are highly patronised and loved by fashion lovers, you could make cool money making bead wristbands and necklace, All you need is training, passion, creativity, unique designs and styles, then adequate marketing, you are good to go.
2. Sales of Used Clothes
Used clothes such as Jeans, Tops, t-shirts, shoes etc could be sourced at big markets at cheaper rates. Wash then and pack neatly. Marketing is all it takes, you’ll Sell and see your money multiply, all you just need in this business is wisdom, iron them and sell neatly to make cool cash.
3. Pop Corn Production And Sales
Almost everybody has patronised these sellers one way or the other, starting a pop corn business is quite cheap and it can be sold anywhere the eye can reach, in the streets, mall and cinemas, just buy Bags of corn in the market, Branded Nylon, Sugar, Salt & Butter and cooking utensils. The beauty of this is when properly made, its aroma will attract it’s customers. Popcorn can be served anywhere.
4. Tutorial Classes
This is a very cheap business to start, no matter your age and location, 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 equipped at. Just close the gap, meet their need for a fee and smile to the bank.
5. Dry Cleaning Services
Most office workers barely have time to wash their cloths after working from Monday to Friday considering they go out early and come back late at night, some still have appointment on Saturday and left with Sunday which they go to church and would want to rest after church, you can start a dry cleaning service, make a card and give to them, they will all patronise, you just need to be diligent to succeed here