Are you interested in starting any small scale business here in Nigeria?this post is particularly for you.Starting a business in Nigeria is very beneficial,do you want to know why?because Nigeria is one of the best commercial Africa country that has attracted so many foreign investors and entrepreneur due to the large interest Nigerians have for trade and partnership.
One thing you should consider before you start any small business of your choice is to come up with a perfect business plan regardless of the start up capital,why i stated this is because you have to sketch out a business plan to work with,it will then determine the total budget you will be able to raise for your small business.
Here are the list of 10 business ideas in Nigeria to engage in:
1.Cement Retailing
Cement retailing does not require a school certificate or any skill acquisition because it is well understood and also a straight forward business.This type business is very lucrative and profitable it can make sales regardless of the season weither be it rainy or dry season.
To commence this type of business,you need to look for a strategic location and cement suppliers,top cement manufacturing company you can purchase from are 'Dangote,Elephant and Lafarge',they are well known for cement distribution.
2.Rental Services
Here in Nigeria no matter how hard the economy might be,people will still plan for various ceremonies and occasions.You can never go wrong if you start this type of business provided you have full interest and passionate about it,one thing you should consider when starting this type of business is a proper maintenance of those rental equipments(chairs,tables and canopies) you also need to hire a van in order to transport those rental equipments to a particular occasion or ceremony.
3.Poultry Farming
Poultry farming is one of the biggest,lucrative and profitable agricultural business ever,some people might see it as a local business but they havent seen the bigger picture.
I had a friend who once bought a 'chick' at the rate of #70 and later sold it at the rate of #3000 when they were fully grown and matured.The things that should be your main priority if you want to start this type of business are regular feeding,a frequent medication seek any vet doctor and lastly a good well spaced and ventilated area(mostly an enclosure in most cases when have seen a poultry farm).
4.Natural fruit juice production business
So many people are becoming more health conscious this days because most of the imported juice we consume are made of preservatives which can some times have side effects to the body system.
One interesting thing about this business is that it can be done conveniently from home ,purchase fruits of any kind and blend together,filter the unwanted fruit seed from the main juice.
Normally most several occasions have seen it is stored in a plastic bottle form and preserved using either ice-block or freezer.One thing you should also note is the finishing touch that is how well packaged it is and at least it must be presentable for people to able to purchase.Don't be ashamed or afraid to advertise your fruit juice product to your families and friends,they are there to support you.
5.Catering service(both indoor and outdoor)
Anything food is a very lucrative and profitable business in Nigeria,catering service business requires connections that is getting in touch with those who wants to host any ceremony or occasion that needs good food to serve their guest.
If you are a good cook then consider being part of this venture,hire people that are willing to work with you because this type of business is not best done alone it comes with its own stress and also purchasing of cooking utensils should be on your list too.
6.Phone Repairs
Phone repairs needs some technical knowledge but this business is worth it.I know how much it cost just to change the damaged screen of any android phone.
The need for delivery legitimate phone repair service has grown enormously almost in every part of the world.Small investment in phone repair tools,you can soon become the neighborhood tech guru.
7.Frozen food sales
Frozen food business is one of the booming in Nigeria because it keeps getting lucrative day by day.I once red of a story on Vanguardngr.com of how a Nigerian who started with #50,000 and now he earns close to #80,000 every month.
One major problem you might face if you want to start this type of business is power supply,thats why it is necessary to get a new big-sized stand by generator that will be able to power at least 2-3 freezers.You can under-study any frozen food business location in your area and get to know the necessary things used to set it up.
8.Rice framing(milling)
Considering the present situation in the price of rice i think this one of the best agricultural business you can tap into.Rice farming usually takes a long process in the aspect of planting,harvesting and the milling process,it is an income generating business you can start today,you will never go wrong if you engage in this type of business.
9.Liquid soap production business
Liquid soap making is one of the best manufacturing business ideas any entrepreneur can think of.Liquid soap making requires a wide range of processing,packaging and marketing operation.You can start this type of business from home but you need a perfect guide and other things needed for liquid soap making.
10.Restaurant/Bar business
Restaurant/bar business is an engaging and profitable business,starting this type of business it requires locating a strategic place,busy and urban area will be perfect.
11.Reporter/Ghost writer
Yes this might look funny but is also a good small scale business,if you are a good writer then consider being a contributor to any blog that are looking for writers.Blogs like lindaikejisocial.com and Pulse.ng you will get paid if you can submit an original and interesting article to them
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