There are lots of business ideas in Nigeria that have proven to be extremely lucrative and productive which you could make a pick from. Some of the businesses can be started with less or no capital at all. For Instance in freelancing you do not necessarily you do not necessarily need cash to start provided you have an android phone or a pc and cellular data then you are all set.
In Zobo making with just a thousand naira you can comfortably begin and grow the enterprise. Having business ideas is extremely good but developing a business plan for the business is better. If you are looking for a hot business for 2020 you have no more than a dozen of them to chose from in this write up. And it is advisable you go for one that you would be happy doing because attitude also contributes to the success of any business.
Considering Nigeria’s Population no business idea is less important whether it begins with no money, little money or huge capital. Do you know that there are a whole lot of amazon publishers who are earning millions monthly in Nigeria. It does not depend on the amount you are starting a business with or the type of business but the mind set and being prudent.
Below is a list of Business Ideas In Nigeria
Farming Business Idea
Farming is an extremely rigid and pivotal sector in Nigeria and all around the globe. Food is one of the basic needs of man and no man can do or survive without food. To produce food that will carter for over Two Hundred Million persons in Nigeria we need to go into vigorous farming.
Gone are those days when farming was left in the hands of the uneducated. These days graduates are making exploits in agribusinesses. Already oil palm farming, poultry farming, cattle farming has been churning out millions and has helped in boosting the country’s nation’s economy.
There are large opportunities in agribusinesses. You can venture into animal farming such as- Fish Farming, Poultry Farming, Rabbit farming, Snail Farming etc. Asides from cash crops farming you can start with vegetable cultivation, dry season vegetable farming is very lucrative.
Many people now know the importance of eating fruits and s the number of consumers have increased. To start fruit selling business is not so difficult. You can start from your home the most important thing is for you to know where you can be buying the fruits from at anytime.
Benue State, is known for fruits production in large quantities, for example, they have orange farms that can cater for majority of Nigerians. Traders go from various parts of the country such as Lagos, Port Harcourt etc. to buy.
Fruit selling business does not necessarily require a huge capital. Provided you have secured a place to run the business ₦50,000 can conveniently start the business in a huge way.
Honey business is a very interesting and profitable business. The most important thing is to sell original honey products. Once you are know for selling original honey customers will be the ones looking for you. Many people are now into bee farming. Get to know the ones that are genuine because some of the farmers mix their honey with sugar for more profits.
You can also get original honey from Adamawa and Taraba States in Nigeria. ₦50,000 can start a honey business. You can also start small and grow it. Chose a very good packaging material to make them look attractive.
Packaging is now a trend and has a way of making your business sell. If you like sell original honey, if your packaging is poor the sales will also be poor.
After secondary school most students can engage themselves in Home tutoring. In so doing they can be able to save up to purchase themselves jamb forms with ease/ without stress.
They could also approach parents in worship centers they never can tell one or two parents may need such service.
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Food Business Ideas
Restaurant business is very lucrative. No matter how difficult life may be to most people, they must still eat. Because of the kind of job some people are doing they don’t have the time to cook. The next place to eat will be in a restaurant.
There are different ways to do food business.
- Mama put • Bar • Food vendor • Restaurant etc.
The good thing with food business is that you and you family can eat from it too. This means you wont spend money in buying foodstuff or creating time to cook what to eat.
The capital to start food business depends on the type you are venturing into. With #10.000 you can start mama put. The setting of the business explains the name. Food vendors are sellers that carry their food about. Mama put choose one spot arrange chairs for people to sit and eat while restaurant has executive setting.
Cosmetics sales is sweet where competitors are less. You may be interested to know that very few persons consider cosmetics business. That is why you see provision shop owners incorporating it int their businesses because the want to fill the gap since many people are not looking that way.
Enter any market calculate the number of provision shops and that of cosmetics shop you will be amazed at the outcome. Cosmetic business is very lucrative especially now that many people pay more attention to their looks and smell.
Hair saloon business Idea
Hair dressing saloon business is Lucrative depending on location. If you set up your shop where working class people concentrate you will make money or in places where churches around don’t cover hair. In these kind of environment customers will like to wear new hair do every week, fortnightly or once every month.
Excluding shop, half a million can set up a standard hair salon business but you can still start with small amount by being prudent.
Practical Guide On How To Start And Grow A Cosmetic Business.
Cosmetic is just like food which is a routine. Even though some folks may avoid using cream and the likes but can’t do so always. There are some essential products such as soap that you cannot do without, except such a person wants to be repelling or become offensive to others. In this post you will be taught how to start and grow your cosmetic business.
How To Start And Grow A Cosmetic Business.
We are living in a world of competition and sophistication where everybody wants to outdo the other even with the cosmetics we wear. It’s impossible to locate a house that at least one cosmetic product is not in use as women are the most culpable in this..
Have you ever wondered why more people are going into cosmetology? Before now people used to study it as a part-time program but these days many are studying it as a full-time course. A lot of beauty therapists are in town, helping people to retain youthful look and the age ones to grow younger skin with a combination of different cosmetics.
Before embarking into cosmetics business, there are numerous things to be considered. Such as:
- Where to buy
- Marketing etc.
How To Start a Cosmetic Shop Business
Capital should be the major consideration before beginning a cosmetic business. This will determine your location and the type of scale you will be operating.
With the amount you have, you can decide on the type of cosmetic to purchase which should be the priority and the quantity to go for.
Enroll for training to enable you understand how cosmetics business works. Learn the important things like the names, price, functions and size. Keep pen and paper from the first day you start learning, it will help you to catch up fast.
Don’t hesitate to ask questions where necessary no matter how foolish it sounds it will go a long way to help you build your own. Ask questions; learn how to mix specific natural oil and herbs to satisfy the needs of customers especially when they place a special demand for it.
Location is key to this business. The areas to consider should be easily available. It should be a location where the sell important things that compliments the business places like junctions, market, bus stops etc.
The shop shouldn’t be very large except you are using a part of it for different purpose. Cosmetics are items that fit in to small spaces. Putting them in a large shop will show empty spaces that will make your shop look scanty.
No customer will like such a place. Customers are looking for a place where they can make choices. When you stock them in a small space it will appear full and attractive even when you don’t have all the things customers are looking for. They may be compelled to buy something else.
- How To Set Up Your Cosmetic Shop
Packaging is very important in today’s business .The products should be neatly arranged according to function and sizes. Look for a carpenter to construct a shelve for you.
Use a nice wall paper on the background. Or you use big show glasses to stock and flaunts the products. This will depend on what you want and how others set theirs.
Keep some sits that customers can sit and wait while you show and explain some products to them.
The shop should be airy and spacious such that people can walk and look around.
The front should be opened in a way people can view the inside clearly from the outside. Ensure u have a notepad to draft your day-to-day transaction.
Write down the amount you bought an item and the amount it is sold for this will help you not to cheat yourself or your customers. Create a list of numerous cosmetics to enable you pick the ones you want to buy. Write down what clients are requesting for
- The Type Of Cosmetic You Want To Sale
What type of cream do you want to sell natural or specialized creams? I will advise that you sell both. Examples of natural ones are: moringa oil, coconut oil, almond oil, Shea butter, aloe vera etc.
Stock your shop with large number of popular creams. Cosmetics to sell are: hair cream, dandruff cream, body cream, fragrances, perfumes, powder, mascara, lipsticks, nail polish, foundations etc.
Start by selling to friends, family, neighbors and colleagues. Print flyers and share them everywhere around the neighborhood and also make a complimentary card for customers so they may locate or get in touch with you quickly.
Advertise your cosmetics business and sell online. The challenge is that most of the products that online are interested in wont be the same with offline. Therefore, you will have to plan how to get the products so you don’t tie your money down in one place waiting for when such order will come.
How To Start a Cosmetic Shop Business
Challenges Of Cosmetics Business
Locating your shop in a place you can’t get good patronages. It may result in your products expiring. When you have a product that wants to expire soon, decrease the amount of such products and sell them out quickly.
Selling fake products as earlier mentioned you may close down or run at a lost when you sell inferior products because most of your customers will run away from you.
That is to say that where to purchase from is very vital & the only precaution to this is to keep to originality.
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How To Start Cupcake Business Anywhere And Make Reasonable Profit
How To Start Cupcake Business Anywhere And Make Reasonable Profit
Cupcake is one lucrative business to startup in Nigeria, because it is a snack loved by many especially the children. Cupcakes are made inside cups & it has the same ingredients with the big cake and the preparation is same.
The difference is on the size and the container used. It is also called queens cake so I will be using the two names in this post. You may not necessarily need a shop at the start of this business: this is because it is a business you can start from home.
Queen cakes are mostly produced for marriage ceremonies, birthday parties, naming ceremonies, coronation, thanks giving services, sendoff parties etc.
What is making cupcake business a hotcake is because people who are into it are not many as such demand keeps on out weighing supplies. You may think all the fast food are producing these wonderful snacks but only few do.
In this article you will be presented a guide on how to start delicious cupcake that will keep you in this business.
How To Start Cupcake Business
Before you start a cupcake business you will have to get training , buy equipment, identify your target market etc.
Just like any other business you will have to get training on how to produce quality cupcakes from a professional,. Good enough you can easily get one because confectionary experts are easy to locate. Some even organize seminars for registered persons. Making cupcake is easy and it is one of the few things you can start on your own by studying online just like in this post.
Identity Your Target Market
Please don’t even start without first identifying your target market or point of sale. It is very fine to sit at home and presume that it will sale anyhow once taken to the market: but it doesn’t work this way.
Move around markets, shops, schools, places of worship and other likely places that you may supply to and introduce your business if possible bake a few pieces give them as sample.
If the taste is good they will be the ones ordering for your queens cake. It is a good thing to have where to supply immediately after production, it will encourage you to press on.
You should be able to gather money to buy the equipment for the cupcake business Without these equipment you cannot start except you rent them. And why will you choose renting for a business you want to sustain. The money for the equipment is not much and you can even cut down cost by using pot and fire in place of oven.
- Baking pan
- Queens cups
- Oven/aluminum pot
- Gas, stove or electric
- Egg whisker
- Wire rack
Recipe For A Dozen Cup Cake
- Flour 250g
- Butter 250g
- Sugar 150g
- Egg 5
- Salt 1 teaspoon
- Flavour 1 teaspoon
- Preservative 1 teaspoon
- Pre-heat oven
- Sift the flour into a big bowl, add baking powder and salt
- Beat margarine and sugar together with a wooden spoon (spatula) or you use a cake mixer to mince them together until it becomes light and fluffy
- Pour in your beaten egg in the fluffy butter mixture and blend it very well.
- Add flour and continue mixing
- Fold in your flour to the mixture and thoroughly mix
- Add milk and preservative and stir until the batter has a dropping consistency
- Pour the mixture (batter) into the greased pans. If paper cups are used then there is no need to grease them. Shake it lightly to distribute the cake mixture evenly. Place the cups on a large baking tray and place them in the centre of the oven
- Bake for about 15-20 minutes. Touch the surface with your finger tip to see if it will spring back. Bring out the tins from the oven and allow to cool for 15 minutes. Remove it from the cups and package for sale.
How To Bake Queens Cake With Pot
- Use a clean baking pan in other to get a larger surface: line up the cake pans with baking sheets or you grease the cup with little margarine and dust with flour so as to make the cakes come out easily after baking.
- Place the cupcakes on top of the overturned baking pan and over do not open the pot while baking in other not to make the cake collapse.
Once the cake is done the aroma will fill the air. The colour will turn brown when it is ready if you dip something like toothpick in it without stain after bringing out you bring it down.
Marketability/How To Succeed In Cupcakes Business
You should be able to make cake that can be used for both indoors and outdoors ceremonies. Print flyers and distribute them around your neighborhood.
If possible get a sign post erected in front of your shop or house: so clients can walk in to do business with you. You can start by producing for family, friends, neighbors and colleagues if your cake is good they will advertise it for you.
Find institutes, guesthouses, restaurants, fast food joint you can be distributing to.
Also keep a show glass in front of your house or shop to showcase the cakes for sale. Other places to supply to are supermarkets, shops, traders, hawkers etc.
To be prosperous in cupcake business, make sure you continue making delicious and lovely cupcakes.
Always make sure you meet up with every demand. Be steady in the business continue in learning new inventions, instructions, designs and baking ways.
How To Start A Restaurant Business In Nigeria
Restaurant business, how profitable? Restaurant business in Nigeria is extremely profitable because food is regarded as the main basic need of man amongst shelter and clothing. Whether you are fasting or busy you will still eat after all so nobody can escape not eating food.
Because of the rush in life many people cannot spare time to cook, some can’t even create time to go to the market to buy foodstuff not to talk of cooking. For most individuals it is because of the nature of their occupation while others is because they are just lazy.
Buying of already prepared food from Buka cuts across all grade both married, singles, students etc., and we have quite a number of them that form aje butter there are numerous names given to food business like: restaurant, food vendors, mama put. Buka and joint, eatery. Canteen. The way it functions defines the name.
Restaurant business has been existing right from ancient time but because of the rise in information and sophistication it has been taken to another level.
Things needed to Start Restaurant Business in Nigeria
- Utensils (pots, kettles, frying pan etc.)
- Cutlery (spoons, forks, knife etc.)
- Table mats
- Hand towel
- Containers for spices: ground pepper, garlic, salt etc.
- Stove or gas cooker
- Fan/Air conditioner
- Television or radio
Requirement for Restaurant Business in Nigeria
It is ideal to situate your restaurant in a visible and populated area. You can establish it in a marketplace, school environment, motor park, office area especially where many offices are located example banks. Others are commercial centers, institutions etc.
There is need to rent or get a shop in accordance to the type of restaurant business you are setting and the capital at your disposal. If it is executive restaurant you can get a big and spacious shop so that you can arrange the chairs in a manner that they won’t be too close to each other.
If you have visited a buka before, you will have to squeeze yourself to pass a table to your own, and this is what many people frown at. You need a store in your shop where you will be keeping washed equipment’s and foodstuffs.
A space for washing of utensils should be separated from where prepared foods are kept and a canter should be constructed for your customers to place order and pick the foods by themselves.
You must have reasonable sum of money at hand before beginning your buka and joint business. Sew your cloth according to the size of your cloth, that’s actually an adage that makes sense big time.
Start with what you have and grow it or get a loan. Before acquiring loans, map out your restaurant business strategy after taking feasibility study in restaurants around your area. A different way of acquiring capital is to request from friends and family.
Even if you are beginning your eatery business for individuals to manage for you, there is need to have to acquire knowledge on how the business is done. It will help you know what to expect and what it entails. Go to a restaurant that is viable and get some training or you employ qualified caterer and smartly learn from them.
Employ Good Hands
One of the things that will retain people patronizing your restaurant is when you serve delicious meals. Hire at least a caterer to be in charge of the cooking then employ other hands to help in both the cooking and serving. Like i said earlier restaurant business is very demanding, you can’t do it all by yourself except when you just started or when you have few targeted audience.
Naturally, people are attracted to good things and nice environment. Set up your buka and joint business in an organize way. The environment should be neat and smell good. You will not want people to be fighting with flies while eating. If possible, sew uniforms for your staff: apron and hair coven
Cleanliness is said to be next to godliness so take this very serious in your canteen business.
Foods To Cook
- Rice and stew
- Jollof rice
- Coconut rice
- Fried rice
- Plantain pottage or fried
- Beans • Eba and soap
- Pounded yam and soup
- Semo and soup or stew
- Moi moi
Make various dishes like amala, ekpang nkukwo, edikang ikong soup, white soup, ohia soup, gbegiri, miea nkuker, twoo etc. Trade other things like mixed drinks, snacks, water, boiled eggs, fried meat, chicken and so on.
Commence your restaurant business today don’t wait until you have much money. You can begin from your home then upgrade as you enlarge.
These are guidelines that will enhance your business, make it outstanding and attract more customers to you are:
- Good food
- Good customer care
- Serve hot food
People should not come and be waiting for food to be ready. Wake up on time and cook the foods. You and your staffs ought to be friendly to customers, people love such places. The price should be cheap so that you can attract more customers. The more the customers the more money you get.