100 small scale business ideas in Nigeria that are lucrative 2019
Are you searching for a small scale business ideas that won’t require much money to start up while at the same time can start fetching you money instantly with quick returns to initial investment? If yes we have compiled a list of business ideas that every Nigerian can try their hands on.
We are not going to dive deeper like telling you how to go about setting up any of these businesses, it is your responsibility to carry out further research like the best strategy to adopt, how to raise your finance, how to market your products and how to reach out to your target market or simply how you can make this business work.
You have to understand that venturing into any kind of business in Nigeria no matter how small comes with risk and with lots of responsibility, in fact it is often said that the chances of failure in new businesses are always high in the first 6 months of establishment, but if smartly managed couple with good business strategy then there is every possibility that the business will scale through any hurdles and you start smiling to the bank.
Tips for a successful business idea as a first timer
Contents
Choose a business you love :
Are you passionate about that business? Yes you have to love your business first because if that love is not there putting more effort on it to be successful will be a daunting task.
Understand the business idea :
Before starting any business you have to first understand the business as a whole as this will help your business succeed quickly. Carry out proper research on those who have been in the business already, try to identify the challenges they are facing as well as their goal and mission.
Don’t mind critics :
this is Nigeria where everyone is good at dishing out advise on how people should live their lives, what business they go into, which type of man or woman they should get married to. As you are about to start any business don’t pay too much attention to those criticizing your little efforts while at the same time they can’t offer any tangible alternatives or help.
Believe in your self :
always believe in your self like ” I can do this, it will work” even in the face of challenges always have that confidence in your self and you will see yourself pull through.
Adopt the best and flexible marketing plan :
You need to understand that marketing is of the the puller of a successful business and it is important you invest more time to learn the best marketing strategy that suits your line of business.
100 small scale business ideas in Nigeria that are lucrative
| Pet Breeding |
| Animal feed production |
| Ethanol Production |
| Recruitment Agency |
| Freelance Writing |
| Computer Training Centre |
| Catering Services(Indoor and Outdoor) |
| Mobile Phone Sales and Repairs |
| Livestock Farming |
| Frozen food Sales |
| Food Processing |
| Rental Services |
| Mobile food Vending |
| Quail Bird Farming |
| Computer Repair and Accessories Sales |
| Cooking Gas Sales |
| Mini-Importation |
| Exportation |
| Poultry Farming |
| Pure and Bottled Water Production |
| Cement Sales and Distribution |
| Haulage and Logistics |
| Daycare Centre/Crèche |
| Ready-to-wear cloths making |
| Scrap metal sales |
| Small Scale Manufacturing |
| Waste Management Services |
| Modeling and Event Ushering |
| Fashion Stylist |
| Virtual Call Center |
| Night Clubs and Restaurants |
| Nanny agency |
| Stock Photography |
| Business broker |
| Selling Fruits |
| Hairdressing Salon |
| Weight Loss Consultancy |
| Travel agency |
| Sports Viewing Centers |
| Software and games development |
| Recharge Card Printing and Sales |
| Ice Cream Production |
| Natural Fruit Juice Production |
| Sports Betting Agency |
| Uniform Making factory |
| Social Media Marketing |
| Used Car Sales |
| Blogging |
| Internet Radio Station |
| Funeral Arrangement Company |
| Wine Production |
| Disc Jockey (DJ) |
| Solar energy installation and equipment sales |
| Resume writing |
| Dating Service |
| Car Wash and Detailing Services |
| Day Spa |
| Nail Studio( Manicure and Pedicure) |
| Video game Center |
| Transportation |
| Bulk SMS Services |
| Online Marketing |
| Security gadget sales |
| Building Blocks Production |
| Art Gallery |
| Cleaning Services |
| Biscuit Production |
| Photography and Videography |
| Jewelry making |
| Pharmaceutical company |
| Appliance Repair Service |
| Marketer/PR Agent |
| Sports Collectible Shop |
| Oil Palm Plantation |
| Antique Furniture Sales |
| Mail-order business |
| Online Vitamin/Health Food Store |
| Magazine Publication |
| Monogramming and Branding Services |
| Printing and Book Production |
| Make-up Artist |
| Art brokerage |
| Private Library Services |
| SEO Consultant |
| Laundry Service |
| Virtual assistant |
| Car Rentals |
| Ice block production |
| Online Clothing Store |
| Pest control |
| Facility Management Services |
| Automobile Repairs and Fleet Management Services |
| Alternative Power Supply |
| Selling honey |
| Gift Baskets |
| Personal Shopper & Errand Service |
| House Painting |
| Security Gadget Sales and Installations. |
| Personal Fitness Instructor |
| Affiliate marketing |