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Five (5) Business to start with less than 50,000 naira in NIGERIA - Michaeltrendz

Michaeltrendz

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Wednesday, 14 August 2019

Five (5) Business to start with less than 50,000 naira in NIGERIA

5 Side Hustles You Can Start With 50k or Less, In Nigeria.


Starting a business with low capital is not only possible, it is doable and can be very profitable if done rightly.

Let's have a look at 5 side businesses you can start in Nigeria with low capital(50k below)

1. MINI IMPORTATION

This business involves buying items from China or other countries at a cheaper rate and selling it for profit here in Nigeria.

I know some people who are doing this business and they're making huge profits daily.
@michaeltrendz teaches that on whats app

2. SOCIAL MEDIA MANAGEMENT

Business owners are busy people and may not have the luxury of time to handle their social media page at all times. This is where you come in. You help manage their social media account, respond to comments, reply DM's, engage with the audience and help them grow their business.


3. SALES OF OIL PERFUMES

This is very simple to start. People love to smell nice, so perfume will always sell.

You will need to approach a wholesaler, buy in bulk from them in different sizes and resell. For a start, you should buy the 3ml, 8ml and 12ml sizes.

4. DRIVE UBER/BOLT

People are making lots of money via Uber/Bolt. If you know how to drive and you know your way around the city, then you shouldn't be complaining of unemployment.

Look for agencies that recruit drivers, sign up with them and start making money daily by driving on Uber/Bolt platform.

5. SNAIL FARMING

There is money in agriculture. Snail farming does not require huge capital. You can have a snail farm in your backyard.

Snail farming is one of the cheapest agribusiness to start, but it yields huge capital when you do it well, because of the high demand for snails.

From the above list, which one would you like to start?

Comment below if you need more clarification

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