List of 30 Profitable Small-Scale Businesses in Nigeria

  14 July 2015

Gone are the days when people go about looking for the so-called ‘white collar’ jobs. The problem now is that even those jobs aren’t available anymore. The tough competitions for these jobs equally results in people who get them receiving less than that which their qualifications deserve.

Just think about the constant ragging by bosses who are sometimes just over demanding. It’s time to look ahead and be your own boss. Here are about 50 small-scale businesses in Nigeria that are really profitable and interestingly, require very little capital to start.

1. BEADS MAKING:

This is just one of the numerous skills you can acquire with little or no difficulty. Many of us even have relatives and friends that already have the skill. The cost of making a bead necklace might go for as low as #200 and you can sell this for as much as #1000. That’s 80% revenue. Just think about it.

2. SPORTS VIEWING CENTRE:

The number of sports fans in Nigeria just keeps increasing by the day. You have a fallow piece of land in your area that is free for use? There are many youths passionate about sports in that area, and there is no sport viewing centre? That’s an opportunity. Take it. Believe me, the EPL season is at the corner, you don’t want to miss this.

3. PETTY TRADING:

Very likely there are many persons doing that around the place you stay. But competitions only arise when you are doing the same thing others are doing. Look around, is there something they are not selling or you think they sell but you can improve the packaging? Go for it. It might be provisions, clothes, electronics e.t.c.

 

4. PHONE REPAIRS:

This is a wonderful opportunity to delve into people’s ignorance. I once gave #250 to a phone repairer. And for what? Cleaning my phone panel with methylated spirit. The annoying thing is that I have cotton wool and spirit at home. I must tell you, there are many people like me in Nigeria who carries cell phones around and no little about it. Learn phone repairs and make a fortune.

 

5. BARBING/HAIR SALOON:

This is one more profitable small scale business. The beautiful thing about running a male or female saloon is that what you spend most times is just the skill. The starting capital to get the equipments is the basic cash you may need to spend, unless you want to service them of course, or need fuel for cases of power outage.

 

6. FARMING:

No. Don’t laugh. Many persons see farming as a local work. Well, they are just not seeing the bigger picture. There are various farming business you can delve into ranging from fish farming, poultry, cattle rearing, crop production e.t.c. These are massively rewarding. Just ask those who are in it.

 

7. PHOTOGRAPHY:

This is equally a skill you can learn and use it to get yourself paid well. All you need is a camera, sometimes a studio and the necessary skill, and you are good to go.

 

8. GAME CENTRE:

Do you have youths in your place hanging around most of the times and looking like they can do with a source of entertainment? You can open up a game centre and keep them occupied. You keep the community safe and your pocket safer.

 

9. FOOD PRODUCTION:

There are many foods, snacks, drinks e.t.c that are not really difficult to learn how to make and are in high demand by people around. Plantain chips, jams, fruit juices, ice cream, yoghurts e.t.c. You can even own a bakery.

 

 

10. CATERING SERVICES:

You are skilled in baking cakes, making chin-chin, other cookies and fries? Transform your skill into cash through catering services. You have a large prospective customers’ base.

 

11. BLOGGING:

Who can be a blogger? Anybody can. Provided you have a passion for something and you can translate it into writing. So are you a great storyteller? A comedian? A poet? Have an abiding interest in something nice? Can write about this? Try owning a blog. It’s cheap to set-up and easy to manage.

12. TUTORING:

This is another well paying job, either as part-time or full-time. If you are versed in a subject and have a passion for teaching, why not approach those you know needs the service. Many families are willing to spend what it takes for their children’s success.

13. CONSULTANCY SERVICE:

Each and every one of us has unique gifts and talents. You might be a good public speaker or a good motivator. Why not let people know about your passions and skills and you can get hired for seminars and workshops. Letting your head get you the cash.

14. RENTAL SERVICES:

You can rent out canopies, chairs, tables, garments e.t.c to people needing it. The good thing is that you just have to maintain them. They keep getting you the cash.

15. CAR WASH:

Water and soap and you are good to go. If possible you could even get the car washing machine and it makes it all the more easier. It’s also a very profitable adventure.

16. LAUNDRY SERVICES:

Another nice business idea. With the advent of technology you don’t even have to use your hands, a machine can do it for you in the twinkle of an eye and gets you cool cash.

17. FASHION DESIGN:

Acquire the skill, get a shop and a machine and you are good to go. Let’s say you can make the design for both sexes, that is a huge advantage.

18. SALES OF PHONES AND ACCESSORIES:

This is equally another small-scale business that is popular in Nigeria today and very profitable.

19. COMPUTER REPAIRS:

Same as phone repairs, this is also very rewarding. People have little idea about technical areas of computers and that is something you can exploit.

20. CYBER CAFÉ:

Forget the extensive coverage of internet and the fact that many persons can assess it on their phones; this business is still a very marketable one.

21. BARS AND RESTAURANTS:

Nigeria’s schedule is very demanding. People are always on the move. Fast food joints do wonders. Try it.

22. PURE WATER BUSINESS:

Arguably one of the most consumed commodity in Nigeria, if not the most consumed. You can also find your niche here.

23. DAYCARE CENTRES:

You have a great interest in babies? Everyone wants a daycare and will pay to ensure their kids are well taken care of. You might try this.

24. ROAD SIDE VENDOR:

Don’t be too quick to ignore this. What matters is the packaging you give it. Believe me there are many things you can do to stand out among the rest.

25. TIE MAKING:

This is also a skill you can learn and use to make money. It can be acquired in less than 3 weeks.

26. PHOTOCOPY/COMPUTER CENTRE:

This can be integrated with a cyber café or stand alone. All you need is to get the items needed once and for all and you are good to go.

27. EVENT MANAGEMENT/DECORATION:

You have a good taste for decorations and designs? And a good manager of events? You can equally make that a profession.

28. ENTERTAINER:

Now make sure you have the talent before going into this. You can be an artist, a comedian or even a DJ. If the talent is there, it’s very enjoyable, you just do what you love doing and still get paid for it. Nice.

29. CLUTCH BAGS AND SHOE MAKING:

Here also, all you need to do is learn the skill and you are good to go. If you are good at it you could make a lot of fortune from this. Why? Because you have lots of potential customers.

 

30. EVERY OTHER THING THAT INTERESTS YOU:

This is the base of it all and that’s why it is here at the base. Anything at all that interests you and is up there in your head is a perfect thing to use as a profession. Dreams are nice and become nicer when you make them realities.

So, would you like a small-scale business that’s cheap to manage but very rewarding, you could make a pick from the list given above. You could even be in an employment and still use these as part-time income generating avenues.

Once your business is set-up, the next thing would be marketing your business, getting lots of customers and increasing your profits. Here are 5 major ways bulk SMS can help transform your small-scale business.

Many persons on SmartSMSSolutions uses bulk SMS service to run their business effectively. You can be one of them.

Register a free bulk SMS account now to get started. Get free SMS units at the point of registration.

Tell us about other highly rewarding small-scale businesses that are inexpensive to manage using the comment box below.

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