10 Businesses To Start With little Capital By Omotade Mack
1. Drink Business
No doubt, drink business is one of the most lucrative business you can start with very little capital, you can start a zobo business, tigernut drink with some other fruit drink such as smoothie or milkshake. If possible you can make a kiosk in a strategic location where workers can easily walk in to buy from you, as time goes on you can even start to distribute it.
Please do not go on the street picking used bottles to start this business, packaging really matters, go to Lagos island or anywhere in your state where these things are being sold, get a transparent bottle, give your business a name, not necessary you have to register it at the beginning, get a sticker for it, you can print 100-200 at first then proceed to get the ingredients needed to make the drinks, you don't need a freezer if you can't afford it, many people buy ice to chill their drinks.
2. Dry Cleaning Business.
People are really busy and many don't like to stress themselves with washing and ironing of cloths these days, I have three white towels and white two white bedspread, I don't wash them myself not because I can't but because I just want the dry cleaner to wash and package for me and because I do not really have the time, I do most of my laundry but my bed spread, towels and my white wears are done by my dry cleaner.
You can start by Washing with your hands before you are able to afford a standard washing machine and every other necessary equipment.
You need divers of soaps because you can't wash all fabrics with powdered detergent, you also need iron, bleach, transparent nylon and your sticker.
3.Home service barber and hair stylist
Do you know that stylists and barbers are making so much money today? Na your work go sell you Cha, you have to be extremely good to attract good customers.
They charge way higher than a regular stylist or barber that's in a shop, a friend of mine in this Lagos is making a lot of Money through home service.
The skill is needed first of all, then your equipment such as combs, stretcher, clipper, oil and creams, an apron that can used to cover the body of your customer, hand dryer etc and you are good to go.
Also when you are going there do not dress anyhow, if possible get a branded tshirts for your business and wear it whenever you want to go render your service.
You can also add the business of hair accessories sales to it, hair band, hair clip, hair extension etc.
4.Plantain Chip Business.
Anytime I go into any mall to shop for groceries and I see many chips made by different brands I can't but smile, to make it to that rack you might need a nafdac number but I'm not sure if that's a must but you don't have to wait till then to start to make money from this business, with 50k or less than 50k you can start a plantain chips business, you need a frypan, a jar of oil, chips cutter, your sticker, your transparent nylon, a sealing machine and it can be gotten on jumia for less than 7k and plantain, Mile 12 or onyigbo market if you are in Lagos or any other place where you know you can get plantain at a very good price.
You can start by distributing online at a discount rate, don't expect to make huge profit from the beginning, remember you are just coming into the market where we have existing players and you can only break even by doing something different, if they are selling theirs for 12 packs for a thousand, make yours 13, you may think one doesn't make a difference but mama oloja and traffic sellers or supermarket owners won't take and extra pack for granted, that extra 100 naira you've given to them is a lot.
Packaging is very important and it has to be neatly done with good taste, the difference between ikpekere and plantain chips is the packaging.
5. Fashion Business
This business is in two categories, it's either you are buying a ready made items to sell or you are making them newly and that's for people who can sow. 70% of the cloths in my wardrobe are Nigerian made, made by some beautiful and creative Nigerians. You go to Markets such as aba, oshodi, Lagos island etc buy different materials, design styles and make them, get a model to put them on or be the model of your business, get a good photo of it and put it on the internet, run ads for it and watch people making order but there are rules to this, don't sow just anyhow thing and expect people to order, your finishing touch should be perfect and the style you make must be appealing to the eyes.
There are two Ladies I buy from on Instagram, these ladies have done so well for themselves, I knew when one of them began and today her designs are being shipped to many countries of the world, purely made in Nigeria wears, today she doesn't sit to sow anymore, shes currently having 6 ladies sowing for her, if you don't know them you might know Joshua Dombo the founder of Boghet, he is doing amazingly well right in the city of uyo, lots of designers are also working for him but he wasn't like this from the beginning.
Imagine finishing a dress with 6-7k and selling for 15k, one thing is this, if you are good you will sell.
Also you don't have to know how to sow to get this done, you can get some good people that knows how to sow, sign a partnership with them, they sow and you pay them while you sell to make money, people don't care who makes the wears, what matter is that you are giving them quality. Nigeria fashion brand is growing, you might want to look into that aspect.
6. Home cooking and delivery business.
When I was living in gbagada, this was the business I did before I went back to school, I created a timetable of food for each day, went to lekki phase one, adebayo street, many offices operates there, I printed a flyer and dedicated a whole week to informing them about my intention to be bringing in their lunch, at the end of the week I already got over 100 people that have taken my nunber, I told them I'll be starting the following week of which I did, I got their number and created a WhatsApp group, I take their orders so I can know the number of plates I'll be preparing for the following day, I began with the menu and that was how they began to trust me, some even pay for a whole month, they can have jollof today, tomorrow it'll be poundo with vegetable or semo with egusi, portage with fish and vegetable, I sometime make them golden yam with fish sauce or native rice, plantain with vegetable etc, in a day I was making about 10-15k profit depending on the number of plates.
When I gained my direct entry admission and I didn't know how to combine the work with school, it ended and they kept calling to express their displeasure about it, "you fed us for that long and we got used to your food and now you're leaving us to starve again" if you work in lekki you'll know that getting a very affordable meal that's filling is one of the problem faced by the workers there, not everyone of them can afford to walk into an eatery and eat a food plate of 2-3k but I was then selling a plate of food for 600-1000 depending on the protein on it.
You might want to consider this business, all I can say is that it's lucrative, I gained my feet in Lagos through food sales.
I am a very good cook and I also did three months in catering school back thenπ
7. Small chops business.
There are countless of events on a daily basis, people order for this thing online and there are people who sell in their location as well.
To start this business you don't need much, you Need chicken, flour, veggies, Groundnut oil, get your stickers and packs then start.
Just start, my brother and sister start small and grow big, you can also add shawarma to it, I had an outing few weeks ago and there's this guy on Instagram who makes shawarma, I ordered 30 shawarmas from him because of his service and the special taste of his shawarma, this guy does his thing inside a small kiosk on the island and he is making his money.
If you have good customer service and strategy you will sell, it'll get to the point that yo dou'll say to get big contract for bigger events, company's anniversaries, annual event, seminars and conventions.
Just start.
8. Online Coaching business:
Coaching or teaching is a business and you can make so much money from it by teaching what you know, there are many things that you know so well, things that you are vast in knowledge about and many people want to know these thing, you can make so much money by teaching people and consulting for them.
A person doing this so well on Facebook is Mr Emeka Nobis , he teaches marketing, how to sell your business to the world, he also teaches the act of story telling and many more. His cheap money class fetched him over two million naira within a short period of time and one good thing about this is that you can record what you know one time and continue to sell it for ever.
Enough of your giving it all out for free, monetize your skills and abilities, the gift of a man maketh way for him you hear.
9 .Cleaning Services Business.
This is one of the businesses that's doing so well currently, people are busy with work, family, life and many other things and they won't mind paying some extra cash to get their home or office space cleaned by a professional.
You need your cleaning equipment, your detergent, chemicals, as portrayed in the photo below, flyers and good content for adverts.
This business is something that can stabilize you quickly, all you need is that first client, render a good to the first client and watch them do word of mouth marketing for you.
10. Egg supply Business
I once did egg supply Business, then I do make 100-150 naira on a crate and there are weeks I supply up 150-200 kegs, I know people supplying over a thousand crates to 5000 crates per week.
This business is a hidden business that people don't normally thinking of, is there anything you want to buy or eat today that you egg isn't part of the ingredients? From bread, to cake, chinchin, snacks, restaurants, the consumption of egg is hoooooooge.
Go to poultries, meet with the owner and strike a deal of supply with them, trust me when I say these farmers have lots of people picking from them so don't rely on one poultry farmer, have them in numbers so you won't always run out of supply.
Author : Omotade Mack
Omotade Mack is the CEO of Ample Ace food, a company that bridges the gap between farmers and consumers
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