If you are looking to starting a profitable business but you perhaps have no idea of the type of business or as a result of low capital, then this post is meant for you. This post will show you some of the most profitable businesses you can start with little capital especially in Nigeria.
POS Business
What you basically do in this type of business is you handle e-payments for people in a locale where banks are not located. What you simply do is to get a POS machine from your bank and activate the online banking. You can charge 200 naira for 10,000 naira withdrawal.
Electronic & Mobile Accessories
This is a very profitable business and will continue to be as long as there are electronics and mobile devices. This business deals with sales of pouches, USB cables, HDMI cables, chargers, earphones, power banks, etc. There are so many wholesalers with dead cheap prices on these items. Just locate one and start up.
Cooking & Delivery
If you love cooking and you are really good at it, then this business is for you. Ladies and housewives should key into this one. What you do is cook variety of good and delicious meal and apply customers service to it. People are willing to part with their money as long as it's tasty. Having a store is not a must as it can be done from your home as a startup.
Bead Making
With training, passion, unique designs and styles, with marketing, this business is a money spinner. The startup capital is less.
Used Clothes
This business is saturated but everyone continues to make profit especially if you are in a busy neighborhood. This business is simply sales of jeans, shoes, T-shirts, tops, ladies wears, etc. These items could be sourced from many places such as Badagry, Lagos, Cotonou, etc.
Packaging is all that matters in this business. With good packaging, the profits are guaranteed.
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