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List Of Small Scale Business With Low Start-up Capital

List Of Small Scale Business With Low Start-up Capital

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Small scale businesses in Nigeria are the heartbeat of the country’s economy. Most people from North, South, East to West are self employed, with a small scale business they fend for themselves and their family.

If you are an investor or entrepreneur looking for where to invest your money with good returns, I suggest you continue reading because this post was specifically written for you.

Nigeria has the largest economy in Africa which attracts both foreign and local investors. There are over 150 million people living in Nigeria and this has created a very big market for variety of goods and services.


I have made a list of small scale businesses with low start-up capital you can find in Nigeria:

Farming Business: livestock farming in Nigeria is one of the lucrative businesses in Nigeria. With over 150 million mouth to feed in Nigeria, you’ll definitely make money investing in poultry farming, fish/catfish farming etc. your targeted consumers would be, individual household, eateries/restaurants, hotels and other places where food are needed. Don’t under-estimate the demand for livestock products.

Computer Training Center: during my study in the computer school, I had to pay 15,000 naira just to attain a Diploma in Desktop publishing, and an extra 3,000 for my graduation and certificate. All expenses amounting to 18,000 naira at the end of 5 months, not to talk of the handouts I bought. The computer age is beginning to spread through Nigeria and many people are ready to take that opportunity to grab what it has to offer. Students are your major targeted customers.

HAVE YOU READ: 6 Verified Reasons Why You'll Never Be Wealthy?

Liquid Soap Production: this product is a necessity to every home. All it requires is your production skill, knowledge, hard work and advertisement. Naturally this product is easier to use than the normal tablet soap and you can make individual homes, eateries/restaurants and hotels your targeted customers.

Wholesaling: most consumers prefer buying goods in wholesale price to retail price. You can go into the business of wholesaling of goods. Your targeted customers are potential retailers.

Event Planner: with the rate at which people organize parties and other events, you can take the opportunity of becoming an event planner. You might not have a fixed place as in a market for your business but you can have a business card to create awareness and promote your business. Your targeted audiences are people who have an event to organize.

Fashion Designing: there are hundreds of schools who need the service of a fashion designer to produce uniforms for their students and also other institutions like security personnel, staff, road safety, traffic warden etc. these people cannot carry on their duties without the service of a fashion designer.

Food Processing: the idea behind this is taking raw food and processing them into finished materials. There are lots of businesses under food processing e.g. Yogurt production, Vegetable oil production, Palm oil processing, Garri processing, Fruit juice production etc.

Other small scale businesses with low start up capital include;
Real estate business
Building material business
Travel Agency
Teaching
Pure water making business
Printing business
Beautician
Make-up Artistry
Daycare center, etc.

Before you can engage in any form of business you must have made sure that; the business or product is in high demand, the geographical location is conducive, if it’s a food business it should not conflict with the people’s religion (e.g. selling pork in the North), they involve low start-up capital but make sure you have enough to start, you might need to employ workers if its not a one man’s business.


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