SMEs

List of 30 profitable Small-Scale Businesses in Nigeria

 

Gone are the days when people go about looking for the so-called ‘white collar’ jobs. The problem now is that even those jobs aren’t available anymore. The tough competitions for these jobs equally results in people who get them receiving less than that which their qualifications deserve.
Just think about the constant ragging by bosses who are sometimes just over demanding. It’s time to look ahead and be your own boss. Here are about 50 small-scale businesses in Nigeria that are really profitable and interestingly, require very little capital to start.

1. Beads Making: This is just one of the numerous skills you can acquire with little or no difficulty. Many of us even have relatives and friends that already have the skill. The cost of making a bead necklace might go for as low as #200 and you can sell this for as much as #1000. That’s 80% revenue. Just think about it.

2. Sports Viewing Centre: The number of sports fans in Nigeria just keeps increasing by the day. You have a fallow piece of land in your area that is free for use? There are many youths passionate about sports in that area, and there is no sport viewing centre? That’s an opportunity. Take it. Believe me, the EPL season is at the corner, you don’t want to miss this.

3. Petty Trading: Very likely there are many persons doing that around the place you stay. But competitions only arise when you are doing the same thing others are doing. Look around, is there something they are not selling or you think they sell but you can improve the packaging? Go for it. It might be provisions, clothes, electronics e.t.c.

4. Phone Repairs: This is a wonderful opportunity to delve into people’s ignorance. I once gave #250 to a phone repairer. And for what? Cleaning my phone panel with methylated spirit. The annoying thing is that I have cotton wool and spirit at home. I must tell you, there are many people like me in Nigeria who carries cell phones around and no little about it. Learn phone repairs and make a fortune.

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