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Top 7 profitable business under 50,000 in Nigeria 2021

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Starting a profitable business in Nigeria with less than N50,000 can be a difficult one to achieve in this recent time, but once you have the right guidelines, it is very much achievable.

Hello guys and welcome to SlideUp, where we help you with financial problems, I will be writing a post about some top profitable business you can start with less than N50,000 in Nigeria.

Here are the best profitable business you can do in this part of the world with less than N50,000

CLOTHES RECYCLING

Clothes recycling business

Don’t be surprised! This business model isn’t common here in this part of the country but trust me it is very profitable if we find time, and we are dedicated to it.

Clothes recycling isn’t really difficult business to engage in, in involve the process of recycling old and faded cloth into new one, the process of recycling old faded clothes isn’t much as well all is required is for you to wash the clothes using the solid soap avoids using detergent, after that get the matching dye and do the needful process.

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BARBING SALON

Barbing salon business

For guys cutting our hair is the major form of fashion we do and this is done in weekly basis, opening a standard barbing salon is also another profitable business which we can do.

Step involves in opening barbing salon isn’t hard, you have to look for a sweetable area where there are many young guys will be more profitable for the barbing business.

DRY CLEANER

Dry cleaning business

Dry cleaning is another lucrative business which many people don’t actually do and believe in. We are in the situation where we don’t have to look for wide collar jobs to make our daily meal, dry cleaning service is actually profitable and lucrative in this part of the world called Nigeria.

How to start dry cleaning service isn’t hard at all, the first steps involve is to get a Place shop as the matter maybe, put some things in place also gets washing machine.

ALSO READ:-  How to successfully start a dropshipping business in Nigeria

To get customers you have to be customer-friendly, go to different offices advertising your service it a great way of getting more customers.

POINT OF SALE (POS) BUSINESS

POS business

This is another trending business people engage, have it in mind that POS business is a bombshell it highly profitable and lucrative business to do.

POS business is more profitable and lucrative at a location where there is a absence of banks or rural area where there are insufficient banks.

With POS business you can make up to 50k monthly isn’t that great, read my other article to learn everything about POS business in Nigeria. In that article you will learn everything you need to know about the business including how to get the POS machine, how to get started and also how to make profits with the business and every other thing else.

WRITING

Profitable business in Nigeria

Writing is another lucrative business in Nigeria which is highly required in the business world. There are thousands of business out there which need a writer who can provide them with quality content, writing it something you should try out as it doesn’t require much to get started, you can decide to start with business writing be it content writing, copywriting or products review.

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TRANSPORTATION

Transportation bussines in Nigeria

Transportation is another highly lucrative business you can ever think of in Nigeria.

Nigeria has over 200,000,000 population which less than 50% of the entire population have no personal automobile. Transportation sector in the recent time has contributed more than 25% to the internal generated revenue of Nigeria. It something you should give a trial.

CAR WASH SERVICE

Car wash bussines

This might sound strange, but trust me on this, car was service is profitable as well with millions of cars in Nigeria most of this car owner have no time to wash it so, it will be profitable to start one. Using social media as a tool to promote your business will go a long way as well.

Olamide Oladele by name also a student of Federal University Oye Ekiti studying Computer Science. I’m a passionate blogger that loves reading and writing, business minded with solution to complete financial tips. Welcome to www.slideup.com.ng

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