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Please how can I start a profitable business with just a hundred thousand naira in nigeria?
As a nigerian, every one knows the country is hard now.
With hundred thousand in your hand as starting capital for business, I don't think it will good to run any business that will require renting of store or shop. You can consider starting stockfish business because you can run the business on the market or at your home of residence. The reason I mentiRead more
With hundred thousand in your hand as starting capital for business, I don’t think it will good to run any business that will require renting of store or shop.
You can consider starting stockfish business because you can run the business on the market or at your home of residence.
The reason I mentioned stockfish business is that immediately you establish a distribution network to reach your customers efficiently which may involve partnerships with wholesalers or retailers, you can run your business easley without much expenses.
See lessIt's true that the country is hard, and that 100 thousand naira you're taking about is too low to start up a lucrative and profitable business. Well, you can still do it. I suggest you do firewood business, that's buying in low rate inside the village, then sell them for profit in town. You can sellRead more
It’s true that the country is hard, and that 100 thousand naira you’re taking about is too low to start up a lucrative and profitable business. Well, you can still do it. I suggest you do firewood business, that’s buying in low rate inside the village, then sell them for profit in town. You can sell them for those chicken roasters, people selling food and other people who are in demand of it. How about this idea?
See lessI do not know how much is 100 thousand naira is but in my home country 100 thousands in local currency is not a big amount to start a business. YOu need just about 500 thousands in local currency just to start a roadside food cart business, you need over 1 million to start a small clothing store, ifRead more
I do not know how much is 100 thousand naira is but in my home country 100 thousands in local currency is not a big amount to start a business. YOu need just about 500 thousands in local currency just to start a roadside food cart business, you need over 1 million to start a small clothing store, if you want to start a manufacturing business you need 10-20 millions. It is not possible to start an offline business with just 100 thousands, at least in my country.
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