Knowing the right business to start can be challenging for some aspiring entrepreneurs. It is common for people to ask us at Entrepreneurs.ng for business ideas they can start with 100k or less. Therefore, we have shared 10 businesses you can start with 100k or less in a video.
Small businesses are the bedrock of economies because they provide employment for their communities when government and big private organisations cannot.
When unemployment is on the high, what do you do? Join the statistics of the unemployed or start your own business? The right answer is to start your own business. Due to the harsh realities of the economy in Nigeria and many other African nations, one of the challenges that aspiring entrepreneurs and people looking to start their businesses have is access to capital. This is why the question, what business can I start with low capital? is one of the top questions we receive.
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In this video, I have shared 10 businesses you can start with 100K (100,000 Naira) or less in Nigeria.
Businesses To Start With 100K Or Less
Here are businesses you can start with low capital:
- 1) Organic Drink Production And Sales
- 2) Phone Charging Business
- 3) Production Of Organic Skincare Products
- 4) Production And Sales Of Bedsheet And Pillowcase
- 5) Laundry/Dry Cleaning Services
- 6) E-payments/POS Business (Agent Banking)
- 7) Grilling Business 8) Barber’s Shop
- 9) PopCorn Production And Sales
- 10) Football Viewing Centre
These businesses are relatable and we covered them here in an article format. The video is even more detailed, after going through the video, you can start your business immediately and start making money.
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