Lucrative Small-Scale Business Opportunities In Nigeria

Nigeria is no doubt amongst the fastest growing economy in Africa today, and it is expected to increase in 2013.

Despite the issue of inconsistent power supply in Nigeria, Nigeria remains a fertile investment ground for any aspiring entrepreneur who wishes to make quick return on his or her investment capital.

Remember, Nigeria is amongst the top oil-producing countries of the world, and coupled with its high population,  which makes it a favorable environment for small-scale business startup.

Details after the cut...

Everywhere I go, I keep telling youths that the only way to becoming financially free today is via entrepreneurship, and the only way to be on the forbes’ list is by starting your own business. You cannot make it to the forbes’ list by working for a company, no matter how reputable the company is, unless you are going to embezzle the company’s funds, which comes with a prize.

In subsequent publications, I will be explaining in details, how to startup a successful small and medium-scale businesses in Nigeria based on my personal experiences and based on proven ideas from successful entrepreneurs in Nigeria, but for now, lets look at some hot business opportunities you can startup today in Nigeria in a small-scale approach.

1.       Restaurant business: if you are able to site this business in a good location with high population like in Lagos, then be ready to pack money

2.       Car wash: if you want to succeed in this business, distinguish your services via free car care services like; vulcanizing, etc, just for a tip off.

3.       Creche: Nigeria’s working class population is rapidly increasing by the day, and this means more parents won’t be able to stay at home to look after their children, so why not startup a crèche business today and relieve them from the stress of hiring a nanny?

4.       Home dry cleaning services: remember, there are lots of dry cleaning outlets existing already, so to stand out, offer a unique ‘home pick up’ service as an addition to beat the existing ones

5.       Errand boy: Nigeria is fast adopting the western lifestyle, such that people now want most solutions at their doorstops- buying of cooking gas, and other non-consumables. The only thing you need here is to build trust and reputation so that people within your chosen location will trust you with their money.

6.       Fruit sales: so many people neglect this business maybe as a result of how the existing ones are being ran, but then, you can set a pace for others to follow, success in life is about creativity and innovation, so be unique in your own service and see how far you can go.

We shall continue on this topic soon, meanwhile, if you want to find out the best large-scale business opportunities in Nigeria presently, then click HERE

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