Is there any profitable Business To Start With 500k In Nigeria? This question appear very common among the entrepreneur and business minded youth in Nigeria.
It’s no longer news that business is the backbone of every flourishing economy of a nation, and as such, lots of youths want to be an entrepreneur and possibly build a career out of it while building the economy in the process.
The truth is, there are countless number of business to start with 500k in Nigeria, but are they all profitable? Can they survived the unstable economy in the country?
These questions are very vital before considering starting any business, because there is no point starting a none profitable business or businesses that can’t stand the test of time.
Previously, we discussed about lucrative Business you can venture into and make a life out of it, but today, we’ll be discussing the lucrative business to start with 500k in Nigeria. So rest your seat and enjoy.
Top 10 Business To Start With 500k In Nigeria
Like I promised earlier, the following are the Business to start with 500k in Nigeria.
- Mini Importation business
- Printing and publishing business
- saloon Business
- Car Washing Business
- Sport betting Business
- POS Business
- Football Viewing center / Game center
- Rental Business for Event Equipment
- DJ Business
- Real Estate Business
- Block molding Business
- Agriculture business
- Laundry Service
Mini Importation Business:
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Mini importation business has to do with used clothes from other country like UK , USA and other foreign county ,if you want the business to growth big you deal with importation of gadgets, TV and laptops etc.
All you need to have is an agent who stay in USA , UK and who has runs the business and has experience in it, and you tell him or her you want a container of used clothes or gadgets and the stuff would worth 500k or One million depending on the stuff your other for.
And the next thing how you will clear your goods from custom services of your country then finally the goods is on your grass.
This business is good when you start big so that you will hit big profit daily in the business.
Real Estate Business:
Real estate business is very profitable business that you can advice someone that one to start business to start and make profit.
Some people always get this mind set of how the will get million to build estate and rent out for people but is not like that.
You can actually register your business and start running agency and advertise other people estate and act as Agent and earn commission on each customers your being to collect the house or property involved.
Your must publicize your Real Estate Business to be known be every some on Instagram or Facebook.
Car Washing Business:-
Just like like laundry business you just need space and material you will used to work.
They are lot of car in the road that need to been wash on a daily basic,most of this car user don’t have the chance to wash their car but the prefer to use the car wash to saved time .
And this type of business need better location for this business to growth and make profit and is mainly located at the road site .
With 500k you can start a standard POS shop where people can carry out transaction when the don want to go bank and get paid for it.
POS business required better location and street where people are always business like business area .and is mostly sited at road site.
Printing and publishing business:
People can start a day without writing out material like flyer, banner,billboard , newspaper,book and many other.
The main thing hers is to have the printing machine and the work place to carry out the activities of printing material.
other material required is ink and the paper and stand by power source to run the heavy machine in the work station.
Block molding Business:
This is another Business to start with 500k in Nigeria. There is no how construction will stop in this country every day people are building house and a lot of construction site every where so the demands for Blocks is very high.
All you need is capital to purchase that land to start up the site and other machine used in the site to make the work run fast and smooth.
The main material used in this Block molding site is sand and cement to keep the business running.
This is another business to start with 500k, DJ are in high demands every where in this country because every week the must be occasion that required DJ to play and entertainment guest in the occasion.
All you need to have is laptop and DJ set and you are good to go.
Saloon business is very lucrative business to start and make profit daily from it. Saloon included barbing shop , Hair dresser shop and it required better location and more for the business to growth well.
This is one of the most profitable business to start and make money daily, agriculture business required large portion of land to start and machine to used in the farm to make the work easy.
Good cash crops you can go into include; cassava, plantain, yam, banana, among others.
others activities that give money daily in agriculture business is investing in Livestock ( chicken ,Goat, pig Fish etc)
Sport betting Business:
This is another business to start with 500k in Nigeria, sport betting is fast growing business, most of the Nigeria youth love to play betting a lot as and investment plan to put money and double it on regular basics.
You need to sign up with bet company like bet9ja, betking these are the most top bet play by people in Nigeria .
When the bet company approved you to be their agent you are in for business and that paid you commission almost every week .
The above are Business to start with 500k in Nigeria and make profit from it, the main thing in business is to make profit from it and keep the business running.