If you’ve ever thought you need millions to start a business, think again. In Nigeria today, there are profitable businesses you can start with 100k in Nigeria, yes, just 100,000 naira. From side hustles to full-time ventures, more Nigerians are turning small capital into sustainable income. And with the right idea, strategy, and execution, you can join them.
In this article, we’ve carefully compiled a list of 20 profitable businesses you can start with 100k in Nigeria. These are ventures that are practical, low-risk, and easy to launch, even if you’re new to business. If you want something part-time or a stepping stone to something bigger, these opportunities can help you turn a modest capital into a thriving source of income.
Starting a business is a big step, but having expert guidance can make the journey faster and less stressful. That’s where our Entrepreneurs Success Blueprint Program comes in. It’s a step-by-step roadmap designed to help you launch a successful and sustainable business in Nigeria, from idea to execution in just 30 days.
By the end of the program, you’ll have your business fully registered with the CAC, a professional logo and brand assets, complete admin set-up, one-on-one consulting sessions, and much more.
Click here to enrol now and take the first step toward building your dream business.
See Also: Business To Start With 50k In Nigeria – Your Ultimate Guide
Key Takeaways
- Starting a business in Nigeria doesn’t have to cost a fortune. With ₦100,000, you can launch a profitable venture by choosing a business that aligns with your skills, market demand, and available resources.
- To make the most of your startup capital, it’s essential to allocate funds strategically. Focus on the basics such as business registration, initial stock or materials, and cost-effective marketing efforts that deliver results.
- Marketing doesn’t have to be expensive. Free digital tools like Instagram, WhatsApp, and Twitter can help you build brand awareness, connect with potential customers, and grow your business from day one.
- Finally, while you may start small, always plan for growth. Reinvest your profits, improve your services, and gradually expand your offerings to turn your 100k startup into a thriving, long-term enterprise.
See also: 20 Most Profitable Things to Sell Online in Nigeria 2025
20 Profitable Businesses You Can Start With 100k in Nigeria
If you’re an entrepreneur with a limited budget, starting a business can seem daunting. However, with careful planning and the right idea, it’s possible to launch a successful business with relatively small capital and investment. In Nigeria, 100,000 naira may not seem like a lot, but it’s enough to get many businesses off the ground.
From services and products to online ventures, there are numerous opportunities to explore. Here are 20 profitable businesses you can start with 100k in Nigeria.
1. Social Media Management
As more personal brands and small businesses shift online, the need for skilled social media managers continues to rise. With just a smartphone, internet access, and free tools like Canva, you can start a social media management business without heavy upfront costs.
Success in this space requires a willingness to learn, mastering platforms like Instagram, Facebook, and TikTok, developing a solid content strategy, and delivering consistent value to clients. It is one of the most accessible low-capital business ideas in Nigeria today, driven by the growing demand for a strong digital presence.
2. Content Creation and Copywriting
If you have a flair for writing and know how to craft words that sell or engage, copywriting and content creation can be one of the most rewarding businesses to start with 100k in Nigeria. With a laptop, reliable internet, and access to online learning platforms, you can build a skillset that’s in high demand across startups, SMEs, and blogs.
From website copy to social media posts and email campaigns, businesses are constantly searching for talented writers to tell their stories and sell their products. Start by building a portfolio, offer free samples if necessary, and gradually grow your client base by delivering value and charging competitive rates as your experience builds.
3. Virtual Assistant Services
As more startups and small businesses focus on growth, many are outsourcing routine tasks to virtual assistants. This creates a solid opportunity for anyone looking to launch a service-based business with minimal capital. With just ₦100,000, you can get started by investing in a good headset, a stable internet connection, and a short online course to sharpen your skills.
Services like email management, data entry, customer support, and scheduling are always in demand. The best part? This business offers remote flexibility and room to grow. What begins as a solo operation can scale into a full-fledged virtual assistant agency offering specialised support across industries.
See Also: Business to Start With 1m in Nigeria – Your Ultimate Guide
4. Online Tutoring/Coaching
If you’re skilled in a particular subject or have expertise in areas like mathematics, English, music, or coding, tutoring is a highly profitable business you can start with 100k in Nigeria. The demand for both academic and skill-based learning is rising, especially as e-learning becomes a mainstream option.
With platforms like WhatsApp, Zoom, or Google Meet, you can deliver lessons remotely, keeping your overheads low. Your initial investment can go into promoting your services on social media, developing learning materials, and creating simple branding assets. It’s a flexible business model that allows you to start small and grow steadily with strong word-of-mouth and results.
5. Dropshipping Small Items
Dropshipping is a smart way to run an e-commerce business without stocking inventory. You only buy a product after a customer places an order, making it a low-risk and cost-effective option. In Nigeria, popular dropshipping niches include fashion accessories, beauty items, and mobile gadgets.
With ₦100,000, you can set up a simple website, subscribe to reliable delivery services, and promote your products on platforms like Instagram and Facebook. It’s one of the most scalable, profitable businesses you can start with 100k, allowing you to test different markets and grow without heavy upfront investment.
6. Thrift Clothing Business
Thrift fashion, popularly known as Okrika, is a thriving business in Nigeria with high demand across all age groups. With ₦100,000, you can get started by sourcing quality bale selections from markets like Yaba or Aba.
Success in this space comes down to having an eye for trendy, high-value pieces and understanding your target audience. You can market your items through WhatsApp status updates, Instagram stories, or even at local pop-up events. It’s a hustle-driven business with great profit potential, especially for entrepreneurs who understand fashion and stay connected to current style trends.
7. Retail Arbitrage
Retail arbitrage is a smart way to turn small capital into profit by buying discounted or clearance items and reselling them at higher prices. From gadgets and phone accessories to books and toys, there’s a wide range of products you can flip for quick returns.
You can source these items from online platforms like Jumia, Konga, or even physical clearance sales. With ₦100,000, invest in a small stock, create a simple Instagram page or website, and drive sales through word-of-mouth and peer-to-peer marketing. It’s a flexible business model that rewards sharp instincts and market awareness.
See Also: Business to Start with 500k in Nigeria – Your Ultimate Guide
8. Specialty Food/Grocery Reselling
With Nigeria’s rising food inflation, bulk buying and reselling of food items has become a highly practical and profitable venture. With ₦100,000, you can purchase staples like garri, rice, beans, or dried fish in bulk and repackage them for resale to students, families, and low-income households.
This business thrives on consistency, trust, and quality. By offering clean, well-packaged essentials at affordable prices, you meet a real need in the market. It’s a venture that can grow steadily through repeat customers, referrals, and strong community relationships.
9. Home Cleaning Services
You don’t need to launch a full-scale cleaning agency from the start. With basic supplies, smart branding, and a professional approach, you can offer cleaning services to homes and small offices, especially for post-construction or move-in jobs.
With just ₦100,000, you can purchase essential cleaning tools and promote your services through word-of-mouth, flyers, and social media. As you gain traction, reinvest your profits into better equipment and possibly staff training. It’s one of the most profitable businesses you can start with 100k in Nigeria that grows steadily through referrals and consistent service delivery.
10. Errand Running/Delivery Services
As more people prioritise convenience, micro-delivery and errand services are becoming increasingly popular in local communities. Whether it’s grocery pick-ups, package drop-offs, or pharmacy runs, there’s consistent demand for reliable, on-demand help.
With ₦100,000, you can get started by partnering with a local rider or investing in basic safety gear if you already have access to a bike. Your capital can also go into branding, marketing, and setting up a booking system. It is a flexible, service-driven business that can scale quickly through trust, speed, and word-of-mouth.
11. Event Planning for Small Gatherings
Celebrations like weddings, birthdays, and housewarmings are deeply rooted in Nigerian culture, and they also present a great opportunity to make money as an entrepreneur. With a focus on intimate gatherings, you can start a solo event planning business right from your local community.
Your ₦100,000 can go into branding, local transportation, and building strong relationships with decorators, caterers, and other vendors. With a solid online presence and excellent customer service, your work can quickly gain traction and grow through referrals. It’s a business where creativity, organisation, and reliability pay off.
See Also: Business to Start with 200k in Nigeria – Your Ultimate Guide
12. Beauty Services (Makeup, Hair Braiding)
You don’t need a physical salon to get started in the beauty industry. Mobile beauty services like makeup artistry and hair styling are booming, especially in urban centres where convenience is key.
With ₦100,000, you can invest in quality tools and products, then promote your services through Instagram while building a strong visual portfolio. This is one of the most promising low-capital business ideas in Nigeria, particularly among youths, thanks to its flexibility, creativity, and strong word-of-mouth potential.
See Also: Business to Start With 2 Million Naira -Your Ultimate Guide
13. Homemade Snacks and Confectioneries
From chin-chin and doughnuts to small chops, snacks are always in high demand across Nigeria. With basic kitchen tools, essential ingredients, and ₦100,000 in capital, you can launch a small-scale snack business right from your home.
Target customers in schools, offices, or on social media, and focus on clean packaging, consistent taste, and reliable delivery. Food remains a universal need, and when your snacks are fresh and well-presented, they’ll start selling themselves through repeat orders and referrals.
14. Soap and Cosmetic Production
As organic skincare becomes more mainstream, there’s growing demand for products made from local, natural ingredients. Handmade skincare products like soaps, shea butter blends, and natural oils are gaining strong traction in Nigeria’s beauty market.
This business not only appeals to health-conscious consumers but also offers room for growth. What starts small can evolve into a full-fledged skincare brand with time and consistency. With ₦100,000, you can start by learning basic formulation techniques, purchasing quality ingredients, and investing in clean, attractive packaging.
15. Craft and Handmade Items
Craft-based businesses are making a strong comeback, with growing demand for handmade jewellery, art, crochet pieces, and leather goods. If you’re creatively inclined, this is one of the best business ideas for beginners in Nigeria looking to turn passion into profit.
With ₦100,000, you can source local materials, create unique pieces, and showcase your work on platforms like Instagram, Etsy, or at local craft fairs and exhibitions. This business thrives on originality, storytelling, and visual appeal, and it’s a great entry point for anyone looking to monetise their creativity.
See Also: Business to Start With 700K in Nigeria- Your Ultimate Guide
16. Tie-Dye/Batik Clothing Production
Adire and batik are enjoying a vibrant resurgence as more Nigerians and global buyers embrace culturally rooted fashion. With ₦100,000, you can learn the dyeing process, purchase fabrics and dyes, and begin creating your unique designs.
These handcrafted textiles sell well at local markets, on Instagram and online stores, and even through export platforms targeting African fashion. With creative freedom, low overhead, and strong cultural appeal, it stands out as one of the most exciting small business 100k startup ideas in Nigeria today.
17. Plant Nursery/Urban Farming
Urban gardening is gaining traction as more people seek greener lifestyles and sustainable food options. With ₦100,000, you can start a small plant nursery or vegetable garden by investing in pots, seedlings, soil, and basic gardening tools.
From herbs and ornamental plants to leafy vegetables, there’s growing demand from urban homeowners, health-conscious individuals, and even restaurants. It’s a business that aligns with sustainability trends and offers steady income with minimal space and maintenance.
18. Pet Services (Walking, Grooming)
Pet care is an emerging niche in Nigeria’s service industry, with growing demand among pet owners in urban and high-income areas. With basic training, you can offer services like dog walking, bathing, and light grooming, all from a lean, low-cost setup.
With ₦100,000, invest in essential grooming tools and promote your services through local vet clinics, pet shops, and online communities. As more Nigerians treat pets as part of the family, this business offers strong potential for steady income and loyal clients.
19. Tech Repairs and Troubleshooting
If you’re tech-savvy and good with your hands, offering repair services for phones, laptops, and small gadgets can be a highly sustainable venture. With ₦100,000, you can invest in essential tools and basic diagnostic equipment to get started.
As more people opt to fix their devices instead of replacing them, demand for affordable and reliable repair services remains strong. Promote your skills within your local community and online. This is a business that stays relevant and grows with reputation and trust
20. Fitness Training/Home Workouts
Personal fitness coaching is on the rise, especially as more Nigerians embrace healthier lifestyles. If you’re passionate about fitness, you can turn that energy into a thriving business offering online coaching, customised meal plans, or home workout sessions.
With ₦100,000, invest in basic workout gear, digital branding, and content creation tools to build your online presence. Short-form videos, fitness tips, and testimonials can help attract clients. It’s a flexible, scalable business that allows you to earn while helping others achieve their health goals.
See also: 50 Ways to Make Money Online Successfully in Nigeria
The Implementation Guide for 100k Businesses
Starting a business with a limited budget can be daunting, especially in an unpredictable economic environment like Nigeria’s. However, with proper planning, strategic thinking, and a deep understanding of resource management, 100,000 Naira can become the stepping stone to a thriving venture.
Below is a practical guide on how to start, sustain, and eventually scale your business using smart tactics that prioritise efficiency:
Register Your Business with CAC
One of the first steps to formalising your venture is registering with the Corporate Affairs Commission (CAC). For most small enterprises, a business name registration is both sufficient and affordable. It gives your business a legal identity, allowing you to open a corporate bank account, build trust with clients, and qualify for grants or small business loans.
The registration process is now fully online and can be completed independently or through a consultant. If you’d rather skip the stress and get it done quickly and professionally, we’ve got you covered. At Entrepreneurs.ng, we offer a seamless, affordable business registration service that takes care of all the paperwork while you focus on building your business.
Whether you’re registering as a sole proprietor or planning to grow into something bigger, this is the first step toward building a structured, scalable brand.
Create a Business Plan
You don’t need a lengthy or complicated document to get started. A simple one-page business plan is enough to give your idea structure and direction. The goal is to outline the essentials: who your target customers are, what product or service you’ll be offering, how you plan to price it, and a rough estimate of your startup costs and projected income.
To make things easier, you can use our Comprehensive Business Plan Template, which is designed specifically for Nigerian entrepreneurs and helps you create a focused, actionable plan, even if you’re just starting. Our team of experts can also help you craft a professional business plan tailored specifically to your business goals, industry, and target market.
A clear plan not only helps you stay on track but also gives you the clarity to make better decisions as your business evolves. It’s your first step toward turning your idea into a structured, income-generating venture.
Spend Where It Matters
When working with ₦100,000, every expense must be intentional. Your priority should be investing in things that directly contribute to generating income. If you’re starting a food business, for example, your focus should be on sourcing quality ingredients, securing practical packaging, and organising basic logistics for delivery. Branding, business cards, or a fancy logo can wait until your cash flow stabilises.
A practical way to approach your budget is to divide your capital into three parts. Allocate the bulk, around 70%, to operations and essentials. This covers the tools, materials, or inventory you need to start selling. Use about 15 to 20% to create visibility through affordable marketing efforts, like simple social media campaigns, fliers, or promotional offers. Keep the remaining 10 to 15% as a cushion for unexpected expenses. It might feel like a tight squeeze, but when managed wisely, this approach gives your business the best chance of surviving and thriving, right from the start.
Marketing Strategies for A Low-Capital Business
Marketing is often misunderstood as something that requires a big budget. In reality, many successful Nigerian startups launched with little to no marketing spend. The secret? Being authentic, consistent, and delivering real value.
Leverage Word-of-Mouth Marketing
One of the most powerful and free marketing tools is word-of-mouth. Encourage your early customers to share their experiences with others. Satisfied customers can become your strongest brand ambassadors if you simply ask. You can also incentivise referrals with discounts or bonuses, which keeps your network motivated to spread the word.
Maximise Free Digital Platforms
Free and low-cost digital tools should be your go-to in the early days. Use platforms like WhatsApp Status, Instagram Stories, and Facebook Marketplace to regularly showcase your products or services. Share behind-the-scenes moments, customer feedback, and product benefits. These personal touches build trust and connection with your audience.
To create visually appealing content, tools like Canva allow you to design professional graphics without needing a design background. And if your business has a physical location or operates online, don’t forget to register it on Google My Business; it is completely free and helps you show up in local searches.
Be Strategic With Social Media
Don’t treat social media as a hit-or-miss activity. Take time to identify your target audience and choose platforms that suit your business type. If you’re into fashion, food, or beauty, Instagram is ideal. For B2B services like consulting or virtual assistance, LinkedIn is a better fit.
Post regularly, respond to comments, and use relevant hashtags to boost visibility. In these early stages, the focus should be on organic engagement. Paid ads can come later; what you need now is to build credibility and community around your brand.
See Also: 10 Marketing Strategies To Grow Your Business As An Entrepreneur
Financial Management Tips for Low-Capital Business Ideas
One of the most common reasons small businesses fail isn’t a lack of ideas, it’s poor money management. No matter how small your startup capital is, learning how to track and control your finances from day one is essential.
Track Every Naira
The first rule of smart money management is visibility. You need to know exactly where every Naira goes. Whether it’s a ₦500 sale or a ₦200 transport fare, record it. Use a simple Google Sheets spreadsheet or free mobile apps like Wave, Expensify, or even Notes on your phone to keep tabs on income and expenses.
Track everything: sales, inventory purchases, data subscriptions, fuel, and delivery costs. This habit helps you understand your spending patterns and make informed decisions as your business grows.
Reinvest Before You Reward Yourself
As your business starts to bring in revenue, it’s tempting to spend it quickly, but early profits should be reinvested. Set aside 30% to 50% of your profit to improve and grow your business. That might mean buying more stock, upgrading tools, or funding small marketing efforts.
Delaying gratification in the early stages builds a stronger, more sustainable business over time. Remember, your business is not yet a lifestyle, it’s a seed you’re nurturing.
Separate Business from Personal Finances
Mixing personal and business funds is one of the fastest ways to lose control of your finances. If you can’t open a corporate bank account just yet, set up a dedicated mobile wallet or a second personal account used exclusively for business transactions. This separation improves your ability to monitor cash flow, keep accurate records, and maintain professionalism, especially when dealing with vendors, customers, or potential investors.
Keeping your finances organised from day one sets the tone for disciplined growth and helps you avoid financial strain when opportunities or challenges arise.
Scaling Strategies For Low-Investment Businesses
Once your business begins to gain traction, the next step is sustainable growth. Scaling doesn’t mean rushing to open new branches or hire a team overnight, it’s about gradually increasing your ability to serve more customers, improve your offerings, and create new income streams.
Start by Doubling Down on What Works
Growth begins with clarity. Take time to analyse which product or service is gaining the most traction. If one item consistently sells out, consider improving its availability, packaging, or presentation. Listen to customer feedback, refine your process, and build on your strengths. Sometimes, growing simply means doing more of what’s already working, and doing it better.
Follow a Practical Growth Timeline
For most small businesses launched with ₦100,000, a realistic growth timeline is 6 to 12 months. In the first three months, focus on building a loyal customer base through quality and consistency. By the second quarter, review your numbers, what’s profitable, what isn’t, and where your time is best spent.
Towards the end of your first year, you should begin thinking about expansion. This could mean outsourcing certain tasks, renting a small retail space or stall, or upgrading your production tools. Growth doesn’t always mean going big; it means going better.
Reinvest, Don’t Rush to Borrow
Knowing when and how to scale comes down to your numbers. If your monthly revenue consistently covers your operating costs and leaves a margin of profit, consider using a portion of that profit to reinvest. Upgrade equipment, improve customer experience, or explore new marketing strategies.
Avoid the temptation to take loans too early, especially when your business model hasn’t yet proven consistent. Instead, grow from within by reinvesting earnings. You can also explore low-risk partnerships or local collaborations that let you share resources and expand your reach without dramatically increasing costs.
Tools and Resources to Maximise Your Capital
Starting a business with ₦100,000 requires not just a good business idea, but also the right tools and resources to make sure that your initial capital is spent wisely. Leveraging the right tools can streamline your operations, cut down on costs, and help you reach your goals faster.
Below are some of the essential tools and resources you can use to maximise your capital and ensure your business thrives even with a modest investment:
Accounting and Financial Management Software
Managing your finances effectively is crucial when you’re working with limited capital. One of the best ways to keep track of your expenses, income, and overall financial health is through accounting software. Tools like QuickBooks or Wave Accounting are excellent for small businesses, offering affordable or even free plans that can help you manage your financials professionally.
Additionally, you can also use simple tools like Google Sheets for budgeting and expense tracking. The key is to create a system for tracking every transaction, no matter how small, so that you can keep tabs on your cash flow, plan for future expenses, and make informed decisions.
Marketing and Social Media Tools
In today’s world, a strong online presence is essential for business growth. Fortunately, you don’t need a big marketing budget to promote your business. Several low-cost tools can help you maximise your reach.
For social media management, platforms like Hootsuite and Buffer allow you to schedule posts, monitor your social media channels, and engage with your audience efficiently. These platforms often offer free plans or affordable options for small businesses. By staying active on social media, you can attract more customers without spending a fortune.
Moreover, tools like Canva enable you to create professional-looking marketing materials for free or at a minimal cost. Whether it’s flyers, social media posts, or promotional banners, Canva offers user-friendly templates that don’t require a design expert to use.
Productivity and Project Management Tools
When your budget is tight, time is money. Using productivity tools can help you make the most of the limited resources you have. Tools like Trello and Asana can help you manage tasks, set deadlines, and keep your business operations running smoothly. They allow you to stay organised, track progress, and collaborate efficiently, all at little to no cost.
Additionally, if you’re in a service-based business, Zoom for virtual meetings or Google Meet can be invaluable. These tools allow you to conduct meetings without the costs associated with travel or renting physical office space. The ability to meet with clients or partners virtually makes running a business more flexible and cost-effective.
Online Learning Platforms
Another resource you can tap into to maximise your capital is knowledge. Platforms like Coursera, Udemy, and LinkedIn Learning offer affordable courses on a variety of topics, from business strategy to marketing. For as low as ₦5,000–₦10,000, you can access quality content that helps you upskill, ensuring that you run your business more effectively and make smarter decisions.
By investing in learning, you’re not only enhancing your abilities, but you’re also improving the chances of your business succeeding. The more knowledge you gain, the better prepared you’ll be to handle challenges and maximise the potential of your ₦100,000 investment.
Using these tools and resources wisely will help you stretch your ₦100,000 investment to its maximum potential. With the right approach, you can create a solid foundation for your business, avoid common mistakes, and position yourself for growth.
See also: 160 Business Ideas For 2025 That Can Make You Rich
Conclusion
In Nigeria, where economic uncertainty often casts doubt on entrepreneurship, the truth remains that ₦100,000 is enough to start a viable and sustainable business in Nigeria, if spent wisely.
The entrepreneurial journey may seem daunting, but you are not alone. With the right support, strategy, and mindset, success is within reach. So take that leap.
Whether you’re launching a small business 100k startup, or scaling a side hustle, the time to act is now. Your journey towards building something impactful, lasting, and truly yours starts with the first step, and that step can be taken with just 100,000 Naira.
Here are ways Entrepreneurs.ng can help you start or scale your business:
- Register your business today with Entrepreneurs.ng’s Business Registration Services.
- Tell Your Brand Story on Entrepreneurs.ng, let’s showcase your brand to our global audience.
- Need help with your marketing strategy? Get a Comprehensive Marketing and Sales Plan here.
- Sign up for our Entrepreneurs Success Blueprint Programme to learn how to start and scale your business in just 30 days.
- Book our one-on-one consulting and speak to an expert about structuring and growing your business.
- Visit our shop for business plan templates and other valuable resources to guide you.
- Get our Employee-Employer Super Bundle NDA templates to legally protect your business and workforce.
- Join over 20,000 entrepreneurs by signing up for our newsletter and receiving valuable business insights.
FAQs About 20 Profitable Businesses You Can Start With 100k
What is the most profitable business to start with 100k?
One of the most profitable businesses to start with 100k is social media management, freelance writing or content creation. They require only a smartphone or laptop and internet access.
Which business moves fast in Nigeria?
Retail arbitrage and the thrift fashion business tend to move fast in Nigeria due to their quick turnover. With platforms like WhatsApp, Jiji, and Instagram, you can buy and resell items and generate quick returns.
What business pays well in Nigeria?
Service-based businesses such as virtual assistance, tutoring, or tech repairs often pay well, especially when clients are consistent and appreciative of quality.
What is the highest-paid small business?
Tech services like phone repairs or web design rank among the highest-paid small businesses due to the value of the skills involved. While they may require some training, the demand is constant and the margins are substantial.
Which business gives daily income in Nigeria?
Homemade snacks, grocery reselling, and small-scale catering services often provide daily cash flow. These businesses respond directly to everyday needs, making them excellent for entrepreneurs looking for businesses that pay daily.
What is the cheapest business to start in Nigeria?
Social media influencing, content writing, and online tutoring are among the cheapest businesses to start. With a phone and internet connection, you can begin almost immediately, making them ideal for those with limited startup funds.
What is the easiest business to start?
Errand services or food delivery businesses are relatively easy to start. They require little technical skill and respond to practical needs. With proper planning and a small network, you can start earning almost immediately.
Which business is best at low cost?
Online businesses and services such as virtual assistance or freelance writing are considered some of the best low-capital business ideas in Nigeria. They’re flexible, inexpensive, and suitable for remote operations.
How do I start a business with no ideas?
Begin by identifying your strengths, hobbies, or daily frustrations around you. Sometimes, the best business ideas entrepreneurs overlook are found in everyday life.
What business makes the most cash?
Businesses involved in trading, especially fast-moving consumer goods (FMCGs), often generate the most cash quickly. While the margins may be small, volume makes up for it. This model is suitable for those with strong sales skills.
What business is in high demand in Nigeria?
Food processing, delivery services, home cleaning, and tech repair are in high demand. These are profitable businesses to start with 100k because they provide solutions to pressing daily challenges.
Which business is best to earn lots of money?
A dropshipping business that leverages digital marketing can help you earn significantly, especially when paired with trending products. The global reach of e-commerce makes this one of the top profitable 100k investments for entrepreneurs.
Which is the easiest business to open?
The easiest business to open is one that requires no inventory, like freelance writing, tutoring, or affiliate marketing. These ventures have fewer regulatory hurdles and can be launched from your home.
How to come up with a unique business name?
Think about your business purpose, target audience, and core values. Combine relevant words that reflect your brand’s personality. Ensure the name is easy to remember, spell, and pronounce. You can also use free online name generators for inspiration.
