50 Best Small Scale Business ideas in Nigeria for 2019
Some people may think that having a capital is the biggest
challenge in setting up a business. But come to think of it this way, if you do
not have the idea of what business will fit you and how much you will be making
out of the business, then what is the essence of your capital?
Once you have an idea of what business you intend to start,
it is now time to start doing feasibility study about the business, and what
would be required legally. After you might have done that, then go ahead and
develop a good business plan and strategy, if you cannot do that yourself you
can always hire a professional to do it for you.
You can now see that having a good business idea is
mandatory if you want to succeed in your business. So as an entrepreneur or a
small business owner that you want to become, business idea should come into
your mind first before sourcing for capital. This article will list some of the
businesses that you can venture into in this 2019 and make good profits. Here
is the list of 50 Best Small Scale Business ideas in Nigeria for 2019;
- Raw
Food Stuff Business
Raw Foodstuff business is one of the businesses that can
fetch you good profit. This is because many Nigerian prefers to eat the food
they cook themselves to the ones cooked in the fast-food joints. Some of the
raw foodstuff that is marketable in Nigeria is garri, rice, plantain, beans,
yam, palm oil, etc.
- Call
Card Business
Call Card Business is known to many as recharge card selling
business. Considering the Nigeria population that is over 180 million people,
more than half of the country’s population has their own phone. In this
business, the markets demands are high and you will definitely gain the profits
that you desire.
- Daycare
Business
Many women do not just sit down and fold their hands after
giving birth, most of them do look for work to do in order to support the
family, especially the working class women, that is where daycare business
comes in. but before venturing in this profitable business, you have to develop
a passion of loving to be around kids.
- Dry
Cleaning Business
Dry cleaning or laundry business as known to many is the
most considered business when the idea of starting a business comes to people
mind in Nigeria. This is because many people have works to do, and their work
comes with stress so they just give laundrymen their cloths to take care of
while they continue with their own business.
- Restaurant
Business
Restaurant business is another business in this list to be
looked into. There are many restaurant in every city of Nigeria, some places
that also have restaurants includes schools, offices, etc. if you know that you
can cook what people will like very well, why not invest in this business?
Remember that the taste of your meals will determine the number of customers
that will patronize you.
- Car
Rental Business
Car rental business is another profitable business in this
list, this is because many people will need to rent a car for various
activities such as moving from one resident to another, for wedding ceremony,
for transporting their goods, etc. and this are done on a daily basis. All you
need to start this business is doing research about how this business can be
best run.
- Bakery
Business
Bakery business is one of the businesses that have continued
thriving in Nigeria over years. This is because of the rate at which people,
both younger ones and older ones consume baked goods. All you need to start
this business is going for baking training, and then you can start your own
baking business.
- Hamper
Business
Hamper business is another business that has been performing
well in Nigeria. People that will definitely do well in this business are the
ones that have passion for gifts. It is left for you to decide whether you will
be assembling your hampers by yourself or will be selling the ones that are
already assembled.
- Film
Production Business
As it is now, Nollywood is among the biggest movie
industries in the world. People loves watching movies especially during their
relaxation time, that is where the demands for movie comes in. People that are
into movie production gain a lot of profit, especially if you offer people what
they like. You can start your own film production business without having any
degree.
- Graphics
Design Business
Graphics design business is among the most sort after
business not only in Nigeria, but worldwide. Anyone can go into this business,
but it is advisable to be passionate about any business before going into it.
All you need to start this business is to get trained in the field of graphics
design, after your training, you can apply your own intuition to the business
and then start your Graphics design business.
- Phone
Repair Business
A good number of the Nigerian populations have phones. They
will need people that will fix their phone in case of necessity. The market
demand for this business is very high, as a phone repairer, huge profit awaits
you! All you need to start this business is to learn the skills of phone
repairing before venturing into the business.
- Gym
Business
Because of some diseases that have continued to damage the
human health, many people resolve into going to gym to stay fit, Nigerians are
not left out. Some people do go to gym because they have passion for developing
their muscle. Before starting this business, you have to be passionate about
developing your body, then go for fitness training before starting your own gym
business.
- Wine
Bar Business
Wine bar business is one of the most successful businesses
in Nigeria, especially in the cities. Before establishing a wine bar business,
you have to be sure that you have passion for it, and you have to choose a good
location for your business.
- Internet
Radio Business
Internet radio business is a radio business that is carried
out on a computer system. Before you venture into this business, you have to be
sure that what you are going to discuss will be welcomed by your audience.
- Transport
Business
Transportation business is on high demand here in Nigeria.
This is because people do go to work or move around on a daily basis. They need
the service of transporters. Therefore, going into this business will fetch you
a reasonable amount of profit.
- Jewelry
Line Business
Jewelry line business is all about having a trusted and
reliable supplier. After having a reliable supplier, you are then set for this
business.
- Mobile
car wash Business
Mobile car wash business is also another business that
someone can look into. It is all about going to where you will see cars such as
garages, driveways, and parking lot. The interesting part of this business is
that you can start with buying cheap tools and supplies for your business.
- Party
Rental Business
Party rental business is a good and profitable business in Nigeria,
this is because so many people like party and turn ups. Starting a party rental
business will help you to rent out equipment that will be needed for party.
- Pizza
Delivery business
Pizza delivery business is one of the businesses that can
fetch you huge profits in a short period of time. It is all about delivering
pizzas to customers, you can even charge per delivery.
- Nursing
Home Business
Nursing home business is a profitable business in Nigeria;
this is because of the rise in population of aged people.
- Poultry
farm Business
Poultry farm business is a very profitable business. This is
because the business involves raising and marketing of livestock. There are
many sections in poultry farming such as broilers; this section is responsible
for rising of chicken for meat, layers; this section is responsible for rising
of chicken for the purpose of producing eggs.
- Cosmetics
Business
Cosmetics business is among the profitable business in this
list that one can look into. This is because many people want to look good. It
is highly advisable to do proper research about this business before going into
it.
- Microfinance
Business
Microfinance business is another business that will fetch
you a good profit. All what you need to do before going into this business is
proper feasibility study and a good business plan.
- Tailoring
Business
Tailoring business is also among the profitable business in
this list. This is because there is no reasonable or sane person that can stay
without wearing cloth. So, in this business you charge people for your service.
- Insurance
Agency Business-:
Insurance agency business is another profitable business in
this list. This is because many people, especially companies are looking for
their service.
- Tomato
Farming Business
Tomato farming business does not require much capital to
start, yet it is a very rewarding business. But before venturing into this
business, you have to do some necessary findings such as, the type of tomato
that people will like, where to get good seeds, the climate condition of where
you want to grow you tomatoes, etc.
- Wood
working Business
Wood working business is all about making wooden objects
that can be used in so many areas such as furniture, decoration, etc. You will
also need a proper planning and research before starting the business.
- Agricultural
Business
Agricultural business is all about commercial farming or
anything that relates to agriculture. When planning of starting an agricultural
business, you have to do some findings about what really interests you in the
business, and then you follow your passion.
- Fish
farming Business
Fish farming business is another most profitable business in
this list. This is because the rate of fish consumption in the country is very
high. You can learn about this business either in a fish farm or on the
internet.
- Organic
farming Business
Organic farming business is another profitable business in
Nigeria. This is because many people do go for organic products because of
their health issues. So starting this business is not a bad choice, first of
all do some research and gather information about this business before delving
into it.
- Shipping
Company
Shipping company unarguably is one of the most profitable
businesses in Nigeria. However, this business will require a reasonable amount
of capital. Aside from capital, you also have to do feasibility study and come
up with a business plan and strategy.
- Real
estate Investment Business
Real estate is indeed one of the respectable and profitable
businesses in Nigeria. But before going into this business, you have to do
proper planning and research about some necessary factors such as legal issues,
the market demand, etc.
- Electronics
Repair Business
Electronics repair business is a very profitable business
that can be start with low capital. There is hardly a home in Nigeria that you
will not see electronic devices, appliances or gadgets. That means, an
electrician will be needed when there is a breakage or faults in electronic
devices or appliances.
- Courier
Service Business
Courier service business is all about carrying goods for
people from one location to another and charging them fee. This business is
very profitable, because many people have packages they would love to send to
their loved ones, that is where the courier servicemen come in.
- Freelance
Writing Business
Freelance writing business is another profitable online
business where someone can hire you to do a particular task and then you get
paid once you are done. The most interesting part of this work is that you can
be doing it part time.
- Motherless
Children’s Home Business
Motherless children are everywhere, and they are homeless,
running a Motherless children home business can get you a good reward for you
passion of helping helpless children. You will definitely get people that will
be donating, you help the kids and also make some profit.
- Arts
and Crafts Business
Arts and crafts business is also among the profitable
businesses in this list. People love arts and they are willing to buy some of
your works to decorate their room, school, offices, etc.
- Clothing
Store
Clothing store as known to many as boutique is a place where
people can go and buy their clothing materials such as clothes, shoes, bags,
etc. Running this type of business will fetch you a reasonable amount of
profit.
- Chiropractic
Business
Chiropractic business is a very profitable business that has
been around for a very long time. Before going into this business, you have to
learn about the business and then develop your own business plan, and then you
can start.
- Pest
Control Business
Pest control business is a sure business that will yield a
good profit. This business is all about destroying insects and animals that
post threats residential property, farm, etc. Many people are in need of the
service of pest controllers.
- Screen
Printing Business
Screen printing business is a business that any person that
is interested in making profits should go into. The more skilled you are in
this business, the more customers and the more profit you will make in this
business.
- Gaming
Business
Many people are game freak, so starting a gaming business is
opening the gate of wealth. But first, you have to learn from the people that
are already into this business.
- Fabric
Business
Fabric business is also profitable here in Nigeria. But before
going into this business, you have to look for someone that has been in the
business for a long time so as to guide you.
- Auto-Repair
Shop
Auto-repair business is all about repairing vehicles; it is
generally known as one of the most profitable business in Nigeria. You have to
start at least as an apprentice in an auto shop, this will help you to know the
work.
- Aquaponics
Business
Aquaponics business is related to agriculture business, it
is highly profitable. Once invested in this business, you will surely have the
profit that you desire. But, first of all, you have to learn about this
business and then come up with your own business plan and strategy.
- Funeral
Home business
Funeral home business is a very profitable business, despite
the fact that it has to do with human emotions; it is also a good money
fetcher.
- Pizza
business
Pizza business is becoming more popular these days, and it
is also very profitable. This is a business which you can start with a small
amount of capital and still make huge profit at the end.
- Solar
panel repair business
Solar panel business, although requires a technical know-how
is another profitable business in this list. It is a business that quarantines
good profit, especially for those that are passionate about technology.
- Consignment
Business
Consignment business has been around for a very long period
of time. You do not need to be and expert before going into this business, if
you are zealous about this business, then you will definitely make it to the
top.
- Cupcake
Business
Cake business, especially cupcake business is a very trendy
and profitable business. This is because many people cannot stay a single day
without consuming cake.
- Boutique
Business
Boutique business is very profitable business in Nigeria,
despite the fact of economic recession in the country. All what you need are
good supplier, materials that are in the trend, and then you are good to go.
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