Starting up a business can be a very tricky decision to take. It’s like venturing into the realm of uncertainty. You never know what would be the outcome of the business. The market forces shape the demand for your product or service.
Interestingly, there are small businesses one could start without really breaking the bank. Some of these businesses don’t require expertise or huge funds to start. Even though it’s never an easy task to pay your bills and still save some money.
In fact, these businesses will not require more than N100,000 to kickstart. Most times, it’s not really about the money to start these small businesses, it boils down to passion and willingness to run the business.
If these things are lacking then there is no need to start the business. You can not kick off a business simply because you want to make money.
Selling of Fruit: If you are in a city like Lagos where population booms then you would know how lucrative this business is. It is mostly the northerners who are exploiting this business.
They don’t even spend more than N5,000 to start this business. All they need is a wheelbarrow, knife, tray, and goods. It could be watermelon, pineapple, orange, etc.
Sell Flour Outputs – You need an oven, show glass, flour, and other things that need to make a fish/meat pie, egg roll, sausage roll. You can also add soft drinks to it. You don’t need a shop to do this. You just need a small space where you drop your show glass and a few chairs. These things are fast-moving consumer products.
POS Business – This business is gathering the needed momentum and becoming popular. You just need to go to areas where there aren’t many ATM machines around. You can get a POS machine from the bank with than 60k. If anybody wants to withdraw cash from his or her account, they come to you. For example – for anybody that wants to withdraw N5,000, the person gets N4,700.
Pop Corn – You only need the machine that processes the popcorn, an umbrella, and a chair. These business booms and you would-be surprised the returns you make. You don’t need N100,000 to start this one.