What Business can i start with 100K? This is an ordinary question to think about on the Sunday evening. When looking for the best business for 100K capital, you should pay attention to personal interests and your environment. The primer aspect guarantees that you’ll like your occupation; the latter will take care about profit.
Believe it or not, there are many lucrative business ideas in Nigeria, regardless of your age, current occupation, or education. The main requirement is your confidence to succeed. Check out these 10 ideas of businesses you can start with 100K for inspiration.
Start your business on Jiji.ng!
#1. Sell fairly used items
The first answer that comes to mind with “What business can i start with 10000?” is sales. Jiji.ng is the biggest Nigerian classifieds website. You can post ads about used items in a good keep and sell them. Clothes, electronic devices, home appliances, furniture, cars – everything can be sold.
#2. Sell items form China
This is a level up in your sales business, much more profitable but still easy to manage. Find a good website (e.g. Aliexpress, Taobao, etc.). Then find some interesting stuff you cannot buy in Nigeria. Order goods from China at low prices and sell them on Jiji.
#3. Perfume and liquid soap
Homemade cosmetics has become very popular recently. If you know how to make liquid soap or how to create good fragrances, you can make money by using your talent and creativity. Use natural ingredients and chemicals of high quality, and you won’t lack customers.
#4. Home cooking & delivery
If you like cooking, why should you spend the entire day in office? The majority likes parties and holidays much less than preparing food. If you are not one of those, you can always come to rescue and, again, make money by selling tasty food on Jiji.ng.
#5. Cakes and confectionery
Cakes, pies, cupcakes, muffins, brownies, cheesecakes… Bet you can list much more. If you can bake at least some, you have high chances to make profit very soon. Besides, you can prepare and deliver drinks – zobo, smoothies, cocktails and much more. Your customers on Jiji will be happy.
Start earning on Jiji today!
#6. Bead and jewelry making
Nigerian ladies love accessories. Handmade jewelry and accessories are always in trend, because they are original, often unique and one of a kind. Selling beads, bracelets, rings, and earrings on Jiji will solve two problems: fashionistas will get something interesting to style their outfits, and you’ll start earning.
#7. Clothes production
Unique clothes are valued even more. If you know how to sew and can turn a piece of fabric into the impressive dress, top, or Ankara, no need to worry about your future. People will always need clothes, so your skills will always be needed.
Jiji is a platform for sales. It does not matter what you produce – you can sale everything on Jiji. Nowadays, farming is the most perspective business to start with 100K in Nigeria. It is time-consuming and will require much work, especially at the beginning, but the result is worth it.
You can consider one of the following options:
- rice farming
- tomato farming
- watermelon farming
- fish farming
- snail farming
- poultry farming
- goat farming and much more
#9. Gift baskets
People always have difficulties with choosing presents for others. Gift baskets may be not the universal solution, but selling them on Jiji will make lives of hundreds of customers much easier. All you need is a little bit of creativity and ideas for different occasions.
You can post ads not only about goods, but also about services. The list of popular services includes but is not limited to:
- home barbers and heardresser
- makeup and manicure specialists
- cleaning services
- Internet services
- digital marketing consultations
- tutoring services
- all kinds of consulting services
If you don’t know what business to start with 100K, you just haven’t considered entrepreneurship seriously. Launching your own business requires a lot of devotion and patience. It may take some time before the profit becomes high. Nevertheless, it is the guarantee of your financial independence and wealthy future.
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