After thorough studies and reviews of our current economy, I decided to embark on a research to compile list of businesses one can start with small capital. Undoubtedly, you will agree with me that Nigeria is one of the countries with the highest rate of unemployed youth and currently the economy is not structured to cater for the needs of those job seekers. Although government has promised stipend to vulnerable unemployed persons which is not be possible to achieve.
How to start your new business without capital
There are thousands and one business ideas and opportunities out there, but the challenge many people have is lack of adequate capital. We tried as much as we can to research about these listed businesses one can start with small capital, we concluded that any of these business ideas can be started with any amount within your disposal. Sometimes, you don’t even need capital to startup your own business; all you need is the experience and the ability to convert what you know, information you have or your skills and talent as a money spinning business.
Below are 101 business ideas
Food business
- Fast food joint
- Restaurant and bar
- Bar/bush meat joint
- Mobile restaurant
- Mobile Fruit juice business
- Fruit marketing
- Foodstuffs business
- Mini foodstuffs exportation
- Beans cake making( akara)
- Chin-chin and plantain chip business
- Snacks making business
- Mini bakery business( low cost breads etc)
- Food production (garri, corn flour, beans flour, plantain flour etc.
Do you want to be self-employed? The opportunity is here!
Internet business
- Printing and distribution of recharge cards
- Niche Blogging
- ecommerce business
- Online betting
- Website design
- Information marketing
- Mobile App development
- Online payment gateway
- Online coaching
- Online dating platform
- Affiliate marketing
- Online marketing
- Forum site
- Review sites
- YouTube business
Communication business
- Printing and distribution of recharge cards
- Mobile phone marketing (used or new)
- Mobile phone repair business
- Registration of sim-card and line retrieval business
- View center
- Internet data marketing( agent to communication companies)
Information and communication tech
- Software development
- Computer Programing
- Computer engineering
- Networking
- Cyber café
- Business center
How to Make Money Buying and Selling used Cars
Services
- Video/photography business
- Hair salon and sales of hair attachment
- Hair cut business (Barbing saloon)
- Make-over business
- Event organization
- Training
- Organizing Seminars
- Marketing services
- Catering services
- Car diagnoses center
- Car wash business
- Cleaning business
- Laundry business
- Transportation business
- Day care
- Business consulting
- Real estate agency
- Fitness training center
- Traveling agency
- Speech writing business
- Dog breeding/training
- Waste disposal business
Farming
- Poultry farming
- Fish farming
- Cassava farming
- Vegetable farming
- Water melon farming
- Grass cutters farming
- Snail farming
- Rice farming
- Plantain/ banana plantation
- Pig farming
- Bee farming
- Pineapple farming
- Palm oil/ palm kernel production
How to make a killing from car wash business
Manufacturing
- Soap /detergent production
- Beads and hats production
- Candle production
- Tissue production
- Food processing
- Pap (ogi) production
- Ice cream production
- Branded Cloths production
- Zobo production
- Starch production
- Baking powder production
- Shea butter production
- Soya beans production
- Cashew nut production
- Cake making for wedding and birthday
Trading (offline and online)
- Baby wears business
- Selling of used clothing( okirika)
- Selling of used shoes either ladies or men or both.
- Selling of furniture
- Selling of cooking utensils
- Selling of stationary
- Selling of baby foods
- Selling of health products
- Selling of plastics
- Selling of frozen foods
Health
- Health Diagnosis center
