I have listed out different business ideas you can start with low capital and make a good profit in return rather than sitting home doing
Did you just finish you Degree and you’re looking for where to start small so you can at least earn something good at the end of every month? Are you tired of sitting home doing nothing? Are you getting fed up attending several Interviews and yet nothing to show of it?
Then I’ll advice you to read on as you might find any of this ideas useful.
Below are the lists of Profitable Business Ideas you can start as a low-income earner and/or Unemployed Graduate in Nigeria
Running a Rental Service can earn you a reasonable profit considering the fact that this array of equipment you renting out are essential aspect of every kind of events, parties or occasions in Nigeria this makes rental service business a lucrative venture in Nigeria.
There is always at least one or two celebration or occasion going on in your neighborhood every weekend with this you can tap into the situation by renting out your equipment and getting paid for it.
Things needed to start a rentals service includes, considerable space where you can keep all the equipment, musical instruments such as speaker, microphone and mixer, canopies, chairs, table, cooking pot, generator among others.
Rental businesses have long been a popular moneymaking venture in Nigeria, mainly because not everyone can afford to purchase equipment but most people can afford to rent them for a day, two or even for a week.
Email marketing involves directly sending a commercial message, typically to a group of people through email. In its broadest sense, every email sent to a potential or current customer could be considered email marketing. It usually involves using email to send ads, request business, or solicit sales or donations, and is meant to build loyalty, trust, or brand awareness.
Email marketing enriches business communications, targets specific key markets, and is both cost-effective and environmentally friendly.
With email marketing, you can easily and quickly reach target markets without the need for large quantities of print space, television or radio time or high production costs.
Essential Tools needed to start Email Marketing service includes A Laptop, Email Extractor software (Mostly they are paid software), a modem for Internet connection, Email marketing software etc.
Affiliate marketing is a type of performance-based marketing in which a business rewards one or more affiliates for each buyer or customer brought by the affiliate’s own marketing efforts. The reward comes inform of percentage for selling the company products
Affiliate marketing gives you the opportunity to earn a commission by selling products or services offered by other companies. It’s a great way to supplement your income. Fortunately, it’s also easy to become an affiliate for companies that are household names.
This type of business can be done using the online methods or the traditional way of marketing goods and services. It’s essential you stick to selling products or services that you’re familiar with this will help you to provide detail information about the goods or services.
Make up Artist
Like other artistic profession, you also need to undergo series of training before you can become a professional Make-up artist. Some trainings takes up to 3 month while other goes beyond that especially when you are adding Gele tying (head-gear) and other beauty skills to it. This profession is fast becoming one of the most sought after ventures for Nigerian ladies as its more of like getting paid for what you love doing. As a makeup artist you can make over 120k per month depending on 4 basic things which are; your location, how good you are on the job, how well you package the business and your customer service.
To be an expert in this business then you’ll have to learn from the Pros in the field. Cake baking and sugar craft is without doubt a very good business that can really earn you a living, a real good living for that matter. An average wedding cake in Lagos now cost up to #80, 000 and aside wedding, cakes are also used during graduation, anniversary, Birthdays in fact “it’s no cake, no birthday” for some Nigerian kids. So u can see that the taste/quest for cakes is now far better to what it used to be
At The moment if there is a business that is not struck by the current situation in Nigeria then viewing center business will definitely be of one them. The love for Football in Nigeria is growing day by day and watching football as gone beyond being a guy’s hobbies to what ladies now see as passion-able too. An average viewing center operator in Lagos charge #100 per football match that last 90 minutes and every weekend (Saturday and sunday) you can have at least 5 live matches to show, with this business you can pocket more than #70,000 every month if you have a good location. But before you venture into this business kindly ensure you did a thorough feasibility study of your location of choice
GSM Phone Repairs
With the emergence of different videos tutorials and learning books that teaches how to become a Phone engineer has made the profession a pool of venture that an unemployed graduate can tap into to make money for themself. An average phone engineers makes over #3000 naira per day which amounts to #90, 000 per month. Just get one of this phones repairing tutorial package or undergo 3 month training, get a space for yourself, get all necessary tools needed, package up yourself and start making money.
A single Picture speaks more than a thousand words. Even with the emergence of digital phones that has a good camera quality. The importance of having a printed copy pictures of our past occasions is still vast cherished in Nigeria. Photography has become easier these days with the help of some quality paparazzi cameras and photo editing software which can make the outcome of every snap you take spotlessly cute. With a good packaging, photography business can earn you over #40,000 per occasion and of which you can have 3, 4, 5 or more occasions per month.
Laundry service is one business ventures that has been around for a while, now the business has grown to even become less stressful with the help of sophisticated laundry machine which is now more affordable. With nice packaging and a good location this business can really fetch you a good fortune.
People are more glued to their business these days that they most times forget they have an important event to plan for. This is where you coming as an event planner to save them from the headache of balancing between their work-loads and their upcoming event. Of course everybody wants memorable events but at the same time they don’t want to get distracted from their work. As an event planner your function is taking charge of the event, making sure it met the client specifications and getting pay for it.
Recharge Card Printing
One of the businesses that is not affected by the current recession in Nigeria is Recharge card business. Research shows that the amount spent on buying recharge card by Nigerians is over #400 billion naira per month. This business is actually one you can start with a very low capital and then grow with time. If you get your networking and marketing strategy well, coupled with a good location where you have low competition then this business can get you to your dream land.
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