10 Profitable Businesses To Start In Nigeria

 

10 Profitable Businesses To Start In Nigeria

10 Profitable Businesses To Start In Nigeria: There are lots of startup business ideas in Nigeria, you just don’t want to figure it out. We have hidden businesses you can start to make money; this makes you a business owner yourself.

To start a business, you need to know about the business you want to start, find out which of them you have passion for.

If you are reading that means you are really serious about starting a business of your own. Starting a business gives you access to making money.

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As we said above it is hard to find a profitable business you can start, that’s why we created this particular post.

We have done our research and come up with the best profitable business ideas you can invest in Nigeria.

You have no reason to doubt any of these business ideas as we have carefully taken our time to review the best ones for you.

There are lots of advantages to starting your own business, you get to do whatever you want, employ whoever you, and make use of any skills, you see fit.

With your very own business, you can skip the 9 to 5 job hours and focus on making your business grow.

We don’t want to stress you or make you rack your brain before you can venture into a profitable business. We have done the hard work; all you need to do is to just start picking the best ones.

Here is the list of the best profitable businesses to start in Nigeria

 1. Dry Cleaning Business

One of the businesses people venture into is the dry cleaning business, it doesn’t require you to do the hard work.

You can make use of tools to do the hard work; you will require a washing machine, detergents, a drying machine, and others. The dry cleaning business is a very lucrative business because you will never lack customers.

All you need to do is have the necessary tools and then be sure to get the word of your business out to people.

You never know who might turn into a potential customer. Try as much as possible to deliver the best job and you will be happy to see different offers come in.

Now go and get started.

 2. Blogging

Blogging is one of the businesses you can start now in Nigeria, It is a business that turns people into their own boss in no time.

The best way to start a business with blogging is by finding a profitable niche and then use your passion to work toward the goal of improving the blog.

Read also:How To Meet Up Customer Demand As A Business Owner

To begin you will need a phone, laptop, and a good internet connection. These are the basic necessity for you to start the blogging business.

After you have the above tools, you will then need to figure out a name for your blog and pay for the hosting.

Then you decide what you want to do with the blog, start by covering an important aspect of your niche.

Start by creating comprehensive blog posts that will help people in one way or the other. It’s either news-related content, How-to guide content, or recipe content.

Now you think of a way to bring traffic to your site- traffic means site visitors. You can start searching for site visitors by doing SEO (Search Engine Optimization), this will help you bring traffic from Google Search.

Now you just have to think of the ways to monetize your site, you can make use of Google AdSense Ads or go into affiliate marketing.

Now you are ready to make money.

3. Real Estate Business

This is just another profitable business to start now in Nigeria.

Real estate business is the road to freedom, this business allows you to earn passive income while you sleep the money rolls in.

It’s every business owner’s dream to retire one day and be financially happy. This is one business that can help you fulfil that dream. 

Start by investing in finding clients for property sellers and you are good to go.

It doesn’t take many activities from you just the right marketing strategy is needed.

4. Fashion Designer And Tailoring

This type of business is well known by people, everyone wears the clothing. This is an assurance for you as someone who is trying to start a fashion designing and tailoring business. This is just to know that this business is highly marketable, all you need is the required tool such as a sewing machine, scissors, tape rule, and others then you are good to go.

Start by sewing good quality clothes for people and other people will come to you naturally with no stress. You can also promote your business by posting your recent works on social media networks

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5. Cake and Cupcake Bakery

This is one of the profitable businesses you can start now in Nigeria without having to worry about sales. As long as you have the capital and the skills to start you are going to make it with this.

There is always every need for events such as weddings, birthday parties, and others in our society today, you will always have a market to sell your products.

It will be a great opportunity for you to go around places with a sample of your products and give people the taste of your work. That’s one of the marketing strategies to use to increase your product sale.

One of the benefits of this cake and cupcake bakery business is that it requires small money for you to get started.

And also, it is very marketable and can easily grow to be a large business for you if you do it well with the best practices.

6.  Cosmetics and Hair Salon

This is one of the businesses you can start with the best experience you have in cosmetics.

The niche is profitable and is highly marketable, there are lots of women in the world and that’s more than an advantage for you to increase your revenue.

You just have to get the best equipment ready and be sure to keep yourself updated with the new trend so as to be relevant in the industry.

Everyone is always trying to change and improve their natural look, there are lots of services you can offer under that niche and each pays well.

7. Call Card Business

The world is at the stage where almost everyone owns a mobile phone and this is n opportunity for you to start a call card business as those people who own a phone need a recharge card.

It’s a marketable business you can start with small capital, it doesn’t require much money to begin.

While you do the business, you can stay anywhere you want, you might as well take it as a side business while focusing on your main business.

You just have to let people know you sell recharge cards and you are good to go.

8. Okrika bale business

This is another lucrative business you can start to make money in Nigeria, you can start making money twice your initial capital in no time.

All you have to do is get the best products and then market them through the different mediums, you can use.

You can start by posting those beautiful pictures online to people who might love to buy then you can connect with them.

One of the ways to get the best out of the business is by buying your products where the price is best for your profit.

Some places like Lagos, Onitsha, Kano, and others are best for wholesale price. It’s very easy to start with the little you have; you can start with less than 100,000 nairas.

9. Supermarket

Starting a supermarket is one of the best profitable businesses you can start now. But the main issue is that it requires quite large capital to get started.

You will need to buy or rent a large space for your business. You will need to buy lots of products you know people in the area will buy, then you will need to promote your business to people.

You will never regret starting a supermarket as it is extremely profitable. You just need the best practices to get the best of it.

10. Skincare business

Another profitable business to start in Nigeria, people love taking care of their bodies.

So, you can never fail in selling your skincare products, more than 95% of women and 75% of men make use of skincare products like soaps, oils, cream, butter, and others.

Promoting your skincare business will be made easier once people start patronizing you.

They will invite more people for you once they see that your run your business smoothly.

All you need is the right skill and the capital to get started then you are good to go.

Conclusion

Now that you have learned the best profitable businesses to start, it’s time to take action and choose the ones that fit into your lifestyle without wasting time.

Do your research and know-how you will start your desire business before you get started.

I wish you the best!

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