7 business you can start with N20,000 and make huge returns every month.
1. Home Cooking and Delivery
You can cook a variety of meals well and apply customer service, People will pay good money for your services, You can run this from home @Soup_A_Market and @Marrgarritah are more than capable when to comes to training you on how to start up.
2. E-Payments and POS Business
You can a get POS machine from your Bank, and activate online banking: If you live in a place where banks aren’t much you can handle e-payments for people and make your small change. I paid someone N200 to withdraw 10k in Ikorodu. ATM queue was crazy.
3. Fairly used goods
Fairly Used Goods such as Jeans, Tops, t-shirts, shoes etc. They could be sourced at Badagry, even Cotonou. 20k can’t get you a bale but you can select and mix them. Wash then and pack neatly. Marketing is all it takes, you’ll Sell and see your money multiply.
4. Digital Marketing
The success of any business is in its ability to effectively reach its teeming customers and this is achieved by effective marketing: Get a Used Laptop and Smartphone, temporarily your smartphone can double as your hotspot Persistence and Passion is Key.
5. Internet Services
Forget the extensive coverage of internet and the fact that people can assess it on their phones, Do you know how much applicants pay just to have Jamb applications filled online? You need a good system, printer & ISP. People pay as much as 1k per application.
6. Home Service Barber
This is another profitable small scale business. The beautiful thing about this is you bring your services to your clients for an extra token above regular. The starting capital to get the equipments and I’m sure you know we have rechargeable clippers.
7. Sales and Customizing of Football Team
Football team supporters always want to show how much they’re rooting for a team. Consult my sister @The_Ronke. She’ll show you how well you survived the business. She’s cheerful enough to train you too.