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Over 60 hot small businesses you can start with less than N50, 000(naira)/about $320(dollars)




start a small business today
1.   
   CHIN-CHIN MAKING
This is a home based business you can start with less than 20,000 naira, aside the cost of packaging. The first step is to learn how to make tasty chin-chin from a professional and then you can start from your home. Potential market includes schools, buses, traffic hold-ups, churches, stadium, supermarkets etc. of course, you don’t necessarily have to sell it yourself.
2.       SMALL CUP CAKES
This is a big treat at events and supermarkets and with as little as 25,000naira you can be in business. But you do need know how to prepare very good ones first.
3.       PLANTIAN CHIPS
This has a very high market potential as the sales of chips especially in traffics is very lucrative. Some people sell as much as 5,000 packets of plantain chips daily at 100naira each. Now even if you were gaining just one naira per pack which is not really possible, that’s five thousand naira a day.  How many graduates earn that high?
4.       BANANA CHIPS
Almost the same as plantain chips
5.       POPCORN BUSINESS
Now this is one lucrative business a lot of people are already harnessing, the major equipment you need is a pop-corn machine which you can even move to event locations.
When well packaged, you can even use the same methods as “3”
6.       ICE CREAM BUSINESS
Yes, you can actually start this business with less than 50,000naira and work your way up
7.       COOKIE PRODUCTION

8.       CAKE MAKING BUSINESS

Now this is no child’s play, cake decorations come with a lot of business opportunities and rewards but you have to be really good in the profession. If you have good passion for it, you might even become a millionaire. Getting good training for this is where the pain lies.
9.       SMACK MAKING BUSINESS
The business is very easy to start and can be lucrative
10.   BREAD MAKING BUSINESS
Same as 8
11.   SOAP MAKING BUSINESS
Soap is an essential commodity in every home and as such, people will pay you good money if your saop is very good. Get the necessary training required and you are on your way.

Click here to see how
12.   LIQUID SOAP PRODUCTION
Same as 11
13.   DETERGENT PRODUCTION
Same as 11
14.   CHALK MAKING BUSINESS
This has been greatly neglected, despite its high demand and usage. You don’t even require too much technical know-how. With a simple chalk mould and a couple of additional equipments, you can get started in the business
15.   CANDLE MAKING BUSINESS
Did you know that every year over 200million candles sticks are used in Nigeria alone, let alone the bigger picture, Africa? I must also inform you that more than 70% of that is imported from China. Unbelievably with just 50,000naira you can start your own candle stick business that can grow to great heights using good marketing skills.
16.   RODENT KILLERS BUSINESS
This also has good market potentials
17.   INSECTICIDE PRODUCTION
Same as 16
18.   PAINT-MAKING BUSINESS
There is no major difference between the home made paints and the ones sold in the market, and the startup capital is very low. With a good practical paint making training, you are on your way.
19.   POLISH PRODUCTION

This is another business you can start with little capital, the raw materials are in abundance and you can get the packaging needs from manufacturing companies.
20.   GUM PRODUCTION
This has a wide variety of uses, making it highly needed. The world over, a need equals opportunity, but you need to get the training first.
21.   COLD WATER STARCH PRODUCTION
This is still new in the African market and the demand is high.
22.   CAR WASH LIQUID PRODUCTION
Same as “21”
23.   AIR FRESHENER PRODUCTION
This is another good money making business that can be started from home and the startup cost is also very little.
24.   PRODUCTION OF CARBON BLACK
Carbon black is made from used tires and is used in most breweries and water filter companies.
25.   SHAVING POWDER PRODUCTION
This does not even require an expensive machine, but you need good training.
26.   CHOCOLATE DRINK MAKING
Same as “30”
27.   YOGURT MAKING
Same as “30”
28.   SOYA MILK DRINK
Same as “30”
29.   FRIUT JUICE
Same as “30”
30.   ZOBO DRINK
(Zobo is a popular drink originating from northern Nigeria)
This is one business that even your neighbor can be your customers and it’s highly lucrative. It does not cost much to produce and believe it or not, many people have actually become rich from this business.
You just have to be really good at it and apply good packaging, the rest is marketing.
31.   CUSTARD POWDER
There are many brands of custard today in the market and many of them started as a home based business. You can even teach yourself the process of making it from manuals or the internet and startup with very little.
Your small business can get you rich

32.   MAKING KUNU DRINK
Same as “30”
33.   SNAIL REARING MANAGEMENT
With as little as 40,000naira you can start this business in your very own backyard and grow from there. Snails eat non-chlorine foods we throw away from the kitchen. They can also feed on certain leaves like the pawpaw leaf, fruits, pineapple peels etc. making them very cheap to rear and if properly managed, can generate a lot of revenue.
34.   POULTRY KEEPING
People call this the double edged profit business, as you can make money by selling both the chickens and the eggs they produce. Even the chicken dung can be sold to farmers as fertilizers, but to get started and succeed in this business you need detailed training.
35.   CATFISH REARING
Point and kill restaurants can tell you better. Mr Moses Osawe, Md/CEO of Dynamo Catfish Farms in Egbeda, Lagos Nigeria is a typical case of small business turn mega million. With just about 40,000naira, you can start this business and grow from there.
36.   FISH FEED PRODUCTION
People in the fish farming business must feed their fish and remember, where there is a need, there is money to be made.
37.   POULTRY FEED PRODUCTION
Same as 36
38.   CATFISH FINGERLINGS PRODUCTION
An average fingering cost between 15-25 naira each and a pair of good brood stock catfish can product as much as 10,000 pieces of fingering per time. Do the maths
39.   BEE KEEPING
Now when you talk about a five star money making, stress free business, bee keeping is your answer, little or no work needed as they care for their selves, every product of a bee is valuable and cost money. All you need to do is learn the trade and find a good quite, flowering environment, your startup capital cannot exceed 30,000naira for one hive (but it can be dangerous if you don’t know what you are doing)
40.   HONEY THERAPY BUSINESS
This is like learning to be a doctor, but easier and really lucrative.
41.   WORM PRODUCTION
Not very pleasing to the ears but very pleasing to the pocket
42.   SHEEP FARMING AND MANAGEMENT
In the northern parts of many African countries, this is an already well known trade and can be both demanding and lucrative.
43.   GOAT FARMING
I smile and think of my village when I see this, but I can also think of how much one goat cost.
44.   PIG FARMING
Same as 43
45.   EDIBLE MUSHROOM CULTIVATION
5 star hotels do not joke with this and demands are very high, but you need proper training and product packaging which may cost money in the long run
46.   RECRUITMENT AGENCY
This is the one of the cheapest business in the world, and also one of the oldest. Just find the right field that suits your interest and be a middle man between clients and workers. All you may need in this modern world is a reachable contact address which can be online.
47.   MOBILE BARBING BUSINESS
If you know how to give good haircuts then nothing stops you from starting this home based business. People hate to queue up at saloons and with an added touch of professionalism; they will prefer to come to their homes to cut their hair. Build a good working relationship and you are on your way up. They will even pay you more than they pay at saloon because it is a special treatment. Now imagine you get just 30 people you cut the hair and they pay 500naira each (some generous people will even pay more) that 15,000naira and we all know people cut their hair weekly or at least once in two weeks.
48.   PHOTOGRPHY BUSINESS
With a digital camera and a lot of creativity, you are on your way up, here are some ways you can make money from photography – quick passport photograph, events coverage, photo journalism, wildlife photography, life match coverage etc
49.   VIDEO COVERAGE USINESS
Same as 48
50.   CALL CENTRE BUSINESS
I need not say much about this, but we know everybody buys recharge card
51.   RECHARGE CARD PRINTING BUSINESS
Same as 50
52.   CONSULTING BUSINESS
Your biggest assets are your knowledge and people are willing to pay you to share that knowledge, you just need to package yourself well.
53.   E-BOOK PUBLISHING
Fasting income means on the internet, although not necessarily the easiest, it’s almost the same concept as 52 above or writing and printing a book, but here you need not make so much expenses. Thank God for the internet. If I had decided to sell this write-up, I would have simply put in more details and training processes and people will pay as much as 15,000naira for a copy. I would have spent almost nothing on production and just a token for publicity, which is all I really need.
54.   DELIVERY SERVICE BUSINESS
Our delivery and postal system here in many African countries is failing and this can be an opportunity for you. Even in a small region, there is money to be made.
55.   AFFILIATE MARKETING
This is like you been a freelance marketer for a product based on commission
56.   REFERRAL SERVICE
Another form of marketing, that works a lot online, referring people to a product, company or service sites and if transactions are made, then you will be compensated. But you need reach an agreement and work out a monitoring and follow up plan.
57.   PRIVATE TRAINING SESSIONS
If you are really good at something, anything at all. Why not offer to train others in the comfort of your/their home for money.
58.   BLOG/WEB DESIGNING
Get trained and help people, organizations and business develop their websites. There is a lot of people to be made here.
59.   MAKE UP ARTIST
One of the fastest growing industries in Africa today and a real five star lucrative business, get trained and the opportunities are limitless. At a stage, if you are very good at it, you may never have a week end to yourself again and each job can pay as much as 20,000naira or even 200,000naira depending on your reputation and environment
60.   EVENT MANAGEMENT
Same as 59
61.   REGIONAL NEWS PRINT
If you have a flare for journalism, then you can start up a small few pages newspaper in you regional community, be it church community, estate community or just your environment.
Covering local news in print.
start small and grow big


Now I do not promise you heaven on earth, neither do I promise you millions like magic, I have only opened your eyes to opportunities around you and in truth, developing each of these businesses may take time, experience and creativity, some of them may even require more money before you can get to certain height. But the fact is they can truly get you to those heights, all in a matter of time.
Best of Luck.

You can ask question about any particular one of the above and we I will do my best to provide answers, I can also refer you to professional trainer in any of the above if you need more information.
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About AdrianPastol Nnochiri

10 comments:

  1. Replies
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