Top Business Ideas in Nigeria To Start With Low Capital

If you are still wondering about some business ideas in Nigeria you can start with low capital, this article may just be a saving grace to you, many persons invest huge amount of money into a business with the aim to harvest huge returns, some even do this because they have seen someone prosper in that line of business, no issues with that, but most often than not, a huge capital does not always depicts a good return in investment, every business requires vision, passion, tolerance and discipline,

You do not necessarily need bother with millions to start some businesses, the accompanying business ideas in Nigeria with low capital will surely get you an attractive rate of profit (return on initial capital investment).

Business Ideas in Nigeria To Start With Low Capital

Any business that requires simple application of skills and technical know-How promises a very high return on low capital, Below are basic business ideas you can dream of and start small with very low capital and grow same to an unending returns.

Event Planning and Interior Design

Event planning in Nigeria has erupts from the cradle to a magnificent industry, every blessed day, people from all works of life have a reason to celebrate, in all there is always something to eat, music to dance, pictures to snap, and most of all, the venue is always lite up with beautiful settings, ranging from birthday, inauguration, conferences, seminar, weddings(Traditional and white), burial, graduation ceremony, parties of all class, in all these, event planning can never be overemphasised, people will continually need the service of an event planning to add beauty to their celebrations, You do not need so much capital to start, you can start with as low as #50,000, all you need for a start is to collaborate with other planners, such as the caterers, decorators, photographers, ushers, etc, build up with the small you can get till you are able to float your own event outfit.

Fashion Design

You can bear me witness that the world is going so crazy for anything fashion, people both ladies and gents are constantly searching out new ways of dressing, You do not need to be a graduate before delving into Fashion designing, though the field requires a professional skill in the area of drawing, technical sewing, you must also be very creative to withstand the competition in the field, in the light of this, you will have to enrol at a fashion school, and the cost is quite affordable, and then set up your own unique fashion and design outfit.

Football Viewing and Betting Centers

It is no longer news that football is the most loved among all the sporting activities in the world, ladies and gents are not left behind in this, and so there is now a benefit for watching the world’s most loved game tagged ‘Reward for Passion‘ many football lovers are all over the world making huge fortunes out of the game, you can get onboard by establishing a football viewing/Betting center. Once you can get a good location, and start off, the reward is enormous, here, you do not need any advert to market your business, just open a center and start making the money.

Making of hand Bag

This business is fast becoming very lucrative especially for ladies, a friend of mind has seen herself through school just with the knowledge of making hand bags for ladies, most of these bags have different designs for lunch bags, weddings, inaugurations, burials, birthdays, special outings and several other celebration events, the bags serves as souvenirs to keep memory of the event alive. You can start yours today with as low as N50,000.

Laundry And Dry-cleaning Service

This business gave me a survival breath while I was still in school, it is one business you can realise over 100% return on investment, You do not need so much to start this, funny enough, you can run this business from your home, till you are able to get a shop, in my area, to wash and iron a piece of shirt goes for N400, now think of doing 10 shirts for a day, now you can start your own, get an iron, a generator if possible, and other laundry material and you are good to go. less than N50,000 can set up a laundry outfit for you, then you start growing even to getting a washing and a drying machine.

Hobby Teaching/Private lessons

If you have a skill in music, sporting activities, or probably you are skilful in speaking other foreign languages apart from English, such as French, German, Japanese, etc, The sky will sure be your starting point, I know of friends who have made themselves fortunes in this aspect of endeavour, you can introduce yourself to a church if you are good in playing any of the musical instruments, they may need your services, then for languages, you can place a notice in your area and environment, trust me, people will look for you, All these cost nothing to start, yet the reward is mouthwatering.

Rearing of Livestock

As we all know there is a recent bill to be prepared to be passed by the National Assembly, this bill will prohibit the importation of frozen foods into the country, the rearing of livestock does not take so much, just know what you want and focus, rearing livestock especially poultry is very profitable as it comes with unlimited opportunities, for instant, if you go into poultry, you do not just get the chicken at the end but also have a good number of egg at your disposal, all these boost your income generation, especially during festivities, apart from poultry, other livestock ventures include; Piggery, snail farming, etc.

Catering and Confectioneries

Just like the event management, this is a very vital unit you can make maximum returns on investment, in any little celebration, people cut cakes, at times rice and stew may not be available, but what is known today as ‘small chops’ will always be available, that is where you can make good cash with low capital, first you have to learn, the skill is a little bit technical, so you will have to learn how to mix the recipe in the right and correct proportion, you will also have to learn innovative packaging and some catering skills to sale better. you can open a small outlet restaurant, you will be amazed with the daily returns.

Hairdressing/ Barbing Saloon

an average hair cut around small cities goes for N300, in some other big cities, people pay as high as N500 to N1,000 just to have a hair cut, if you do this for lets say 20 persons daily, that is money, then multiply that in a week and subsequently in a month, you do not need to borrow to pay your fees or house rent, you will always have food to eat, as a matter of fact, business conscious young men have made fortunes out of just a common barbing saloon like you will call it. How about hair dressing, offcos you dont need a soothsayer to know how much it costs a lady to dress her hair, all these requires very low capital to start yet, the returns are highly impressive, Start from getting a good clipper and other barbing accessories, then see how far you can go.

Photography

This is one of the most silent business ideas in Nigeria that starts with low capital and huge returns, I am still proud of Samuel Akpan, a friend and a brilliant classmate who saw himself through school with the funds realised through simple photographing. he only used his house rent to purchase a camera, squad with a friend and before the end of that school session, He got himself a nice and better apartment, Life is easy, if only we can start small, keep pride aside, focus and hardworking, You can do same, go cover weddings, and other events, majorly weekends, you will surely testify of the returns.

The above are some business ideas in Nigeria you can start with low capital, Start a business today, be the boss of yourself, feel the peace of mind…Share to show you care!