Most unemployed youth are searching for their dream job wasting time, money and other resources some are defrauded during the job search frustrated in pain, sadness, anger and anxiety. It is high time to start your own Business and be your own boss.

Across the world, people are looking for small business they can do to meet up with their daily growing spending. With the world’s fast rising rate of unemployment, it has become paramount that every unemployed youth starts a business no matter how small the business might be at the starting point.

Here are the profitable business you can start with N10,000 and N100,000 respectively depending on your capability and present situation.

PROFITABLE BUSINESS YOU CAN START WITH N10, 000
1)Buying and selling of CDs: there is a huge prospective profit from this business and you will certainly be smiling home with a huge profit if done well, you can get a cd at the market (Alaba) for like N80 and you can sell a cd for like N150 naira, this is close to a 100 percent profit, with ten thousand naira you can buy up to 100 cds for N8000, if you initiate an aggressive selling approach, you can end up going back to the market to purchase more, by selling 100 CDs, you can make up to 7000 profit in 2 days, and 50000 in 2 weeks.the locaion is a major thing and you also have to monitor the business closely, and the risk associated with location has made it to be 9th on our list

2)Pure water sales: this is an untapped resource for business minded people, though local, it has profit potentials, a bag of pure water costs 55 naira from the supplier, and it contains 20 satchets, you can be making up to N145 on each bag and if 11 bags go for 600 naira, 110 bags goes for N6000, you can make up to N16000 profit in 3 days, and more than N50,000 in 2 weeks, but the inconvenience is very high as you will be needing to go to busy places before you can make sales, its risks is also high as you will have to be in a compromised manner mostly.

3) Phone accessories:you can invest your 10,000 naira on phone accessories like earpiece, chargers, etc, you can be sure to be smiling home with profit. chargers costs like N120 and it is being sold for like 250-300 naira so you can make up to 110-160 naira on each charger sold, this means huge profit, you only need to find a good location and get yourself a wooden board, then you are on your way to making profits. the location has to be a busy location, and it has high risk of operating, that is why it has been ranked 7th

4)Fairly used cloths: you can buy fairly used cloths and sell at a busy location, from research we made we discovered that you can make up to N17000,-N18000, you can make up to 50000-60000 naira in 2 weeks.location is the name of the game here. the risk is a major disadvantage as you are expected to be a ta busy location, also you have to be closely monitoring the business because the business will need your presence

5) Plantain chips: making plantain chips is a very profitable business, especially in a busy location, all you need is vegetable oil, stove and kerosene! if this business is done very well you can be well assure that you will be going home with a huge profit, this business is very convenient and also there is minor risk, as you can do this business at home and at a location near to you, with as low as 10,000 naira you can start u this business and make more than 50,000 naira in a week!

6)Kerosene sales: you can make much profit from the sales of kerosene, all you have to do is go to a filing station that is very close to you, buy your kerosene (like 50 liters at 120/liters) and sell domestically at 150/liter, you make up to 30 naira on each liter, some might buy many liters at once. the trick here is that you get a good domesticated location where you can make the utmost use of the location and you will enjoy convenience and at little risk too.

7)Food vendor: you can sell fast food at busy locations, food is a necessity so customers guaranteed, all you need is buy noodles, eggs, and have a regular supplier of bread, you should also include tea on your menu, get a nice location and you can be making cool bucks everyday,indomie (super pack) goes for N50 in the market, and you can be selling your cooked indomie for 100/1, with operating cost (cost of kerosene,pepper,etc) approximated at N15 per each noodles, that implies you will be making up to N35 per each noodles, an adult will eat from 2 noodles upwards,means you can be making up to N70 per each customer, keep that up and you can be making up to N4000 per day…easy!!!
8)Tie and Dye: this business is an untapped,profitable business in Nigeria, it requires you to get a white fabric, then you rinse the fabric in wa

9)Tie and Dye: this business is an untapped,profitable business in Nigeria, it requires you to get a white fabric, then you rinse the fabric in water and soap, then you tie an end of the fabric with an elastic band, then tie severally leaving some spaces in between (about an inch), you can tie as many as you like,put dye and salt in boiling water, then soak the fabric, you have yourself a lovely material (popularly known as adire among-st the yorubas), you can get white fabric for like N200 per yard,get for -5 yard piece (which costs like N1200) buy dye (like N250), your total cost will amount to (approximately) N1500, you might be able to sell the material for N2500 and make cool N1000 for each of the material you sell.

10 ) you guys are really gonna be surprised at our number 1, PALM OIL!!! you can make easy money from palm oil business at a very low price too, all you need is to have a good source (ebonyi state has the cheapest palm oil in Nigeria)get a wooden table, and you can be sure to be quite rich in a short while,if you invest N10,000 in palm oil you can be sure of getting 70,000 in less than 2 weeks (from our research) all you need is a good location. and of course, a good source (which we discovered is east or ondo state, but ebonyi state boast of the cheapest,finest palm oil) and you are on your way to riches, start small grow big, there you have it!!!
if you follow strategic procedures you will discover these businesses listed above are viable and will enable you to be on your path to riches.

11)Rental Property –  For you to earn an extra income of just N50,000 every month from a rental, then you must have a rental property that will earn you at least N600,000 in rent every year. In Nigeria, properties that can earn you that much are worth at least N8.5million.

12) Blogging – Owning a blog is big business these days in Nigeria thanks to the likes of Linda Ikeji. For those who don’t understand, blogging is simply an art of writing short articles about various sources of interest and publishing it online. They can be about your personal life, the society, politics, entertainment, gossip or a combination of all of them. All you need is a computer, phone, laptop or tablet. You can start blogging within minutes and there are numerous articles on the web about how to start a blog. You earn money from blogs when you have a lot of visitors. Advertisers see your visitor counts and can pay you top Naira just to have their ads on your blog. People can earn between N50, 000 to N2million per month by simply being a popular blogger.

13)Mini Importation business-Importation business is a very lucrative business and easy to start with as little as N10, 000 plus. Usually, you make profit on every sale and then keep increasing the business. However, to succeed in this business; you have to learn the dons and don’ts of the business. The internet has made everything easier to access. You can sit down at the comfort of your room and order for any product you want to sale.

14) Restaurant business-Most single young ladies and men of these days prefer eating at well decent restaurant where delicious food is being served. Restaurant business is a flourishing business especially in most cities like Lagos, Onitsha, Abuja, Port Harcourt, Aba, etc where people are highly busy that never find time to cook by themselves. The business is not capital intensive. With N70000 you can do this business. The two most important things necessary to succeed in this business are ability cook nicely and neatness.

PROFITABLE BUSINESS YOU CAN START WITH N100, 000
One of the high paying business you can start in your locality is production business. One good thing about production business is that you can fix and control the market price for the goods or product you produce rather than totally being control by market forces of demand and supply. Usually, most production businesses are capital intensive because costly machines employed in production. Starting production business can cost one as high as N300000, N500000, N1000000, and N200000+ depending on product you intend producing. However, you can still start some production business with capital as low as N100, 000.

Here are production businesses that you start with One hundred thousand naira or so;

1) Perfume and liquid soap production-This business requires basic chemistry knowledge. With a capital of less than N80000 naira, you can start perfume and liquid soap production. For your liquid soap production, your first target market should be restaurant, hotel, fast food joints, beer parlours and catering centres. For the perfume production, you first target market should be high class professionals like bankers, lecturers, marketers, teachers and other service professional

2) Fresh fruit juice production-The business sells most in highly populated cites like lagos, Port Harcourt, Abuja, Aba, Kano etc.

3)AGRICULTURAL BUSINESS– These Agricultural businesses can be started as a sole-proprietor business and then grown into a full blown Limited Liability Company. Here are agricultural business that you can start with capital as low as N100000;

Garri(cassava grain) processing business

Palm oil milling and processing business

Rice milling

a) Small scale fish fingerling-Fish Fingerling is easy to start especially where there is availability of water supply. With the sum of N90, 000 to N80, 000 one can set up a small scale fish fingerling. In this business, you can be making over 100% returns but it requires care and monitory. Good water ph and climate conditions are necessary for the success of this business.

b)Snail farming-Snail farming is not difficult to start and you don’t need up to N100, 000 Naira to start this business. With 50K to 80K, you can start snail farming in your locality. Snail is very expensive in the restaurants and hotels where they serve. So, after you finish rearing set of snail, you can always take them to restaurants and hotels for sale. Snail is a hot market and a market for high class people.

c) Boiler poultry farming-This is one of the easiest businesses to start with little money. With N20, 000+ you can do this business. The business does not does not require skill. The major thing you needed in this business is availability of space and water supply. Day old chicken (boiler) may cost N150/each, so you can with 50 chickens which cost a total of N7500. In less than 9 weeks, you can start selling these birds at the rate of N1800 to N2000 naira per each. However, bear in mind that this business is seasonal

d) Dog breeding-In certain northern part of Nigeria like JOS and southern part of the Nigeria, dog breeding business is thriving very well. Some people breed the dogs for meat (popularly called 404) and others for pet purposes. The business is a lucrative one. With seventy thousand naira (N70, 000), you can buy a female English dog and breed. When the dog delivers, it can give birth to seven…eight puppies which you can sell at the rate of seventy thousand naira each. The major cost you will incur in this business is in feeding of the dog. You have to be dog friendly for you to be able to do this business.

e) Small scale piggery farming-Piggery farming is one the oldest lucrative business. Some people in the northern part of Nigeria, especially those with cold weather consume pork meat so much. You can start piggery farming with N60000+ and sometimes you need to employ an assistant.

4)Mobile phone accessories business-Mobile phones accessories business is lucrative business. We have millions of GSM users. Mobile phones like Nokia product, Samsung product, Sony Ericsson product, Blackberry, Techno, and other smart phones; their repair parts and accessories are readily available in the market. A total capital of $ 120 (N20000) will be enough to start the business in a small scale however if you are to start the business in more large scale, the cost of starting may increase.

5) Computer repair business-skills on computer hardware repair and software troubleshooting are required in this business. You can easily acquire this skill or knowledge by attaching yourself to an experience computer hardware and software repair expert before you starting your own computer repair business. Usually, starting this business will not cost you up to N80000 and you can make big time when you become so popular.

6)Mini Business centre-mini Business centre is a highly lucrative business especially when cited in within tertiary institutions like universities, polytechnics and colleges or around these institutions. A set of desktop computer at the cost of N25000, one three in one photocopying machine (Scanning, printing and photocopying machine) at cost of N60000, tables and chairs are enough to start this business. Snacks with soft drinks and few provisions are added to make it business, a mini business centre. So, a total amount of one hundred thousand naira is enough to start this business.

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