Can I Start Any Business With N20,000 ?

Have you been nursing variouse business ideas without executing single one due to fund to start up with?  Can You afford N20,000.00?

One thing that discourages people from starting out a business is the amount of capital required to start and float the business. This is because thousands of Naira is normally required to start up and float many businesses, that is why you find most people with business ideas and no means of starting out because of fund.

Some businesses you can start with N20000 with quick turn over, I dont plan to go into detail but just to mention and remind us we can still start up something.  Contact the blog admin if you need detail on any of the business ideas.

- Grandnut Supply:  Just as one can not do without water, so also is bottled groundnut everyone’s favourite.  The processing of groundnut into the bottled groundnut demands a few effort from transporting these groundnut from neighbouring farm for the processing  You can as well buy from the local markets. You can start with as low as N10000 and the profit is amazing.

- Zobo Drinks: Zobo drink is made from the popular Zobo leaf. The Zobo leaf is boiled and the water is extracted to make a drink. During dry season, the demand for Zobo drink is high because of the high intensity of the sun, you can prepare the drink and supply to stores after which you collect your money after each day’s sales. The Zobo drink business can be started with much less than N5000. A custard bucket of zobo goes for N600; you buy N50 worth of ginger, then 5 satchels of drink flavour that is N100, N100 to purchase ice blocks to chill the drink. For every one bucket you make, you can get about 30 containers of 50cl cans and you sell for N50, Which leaves you with a profit of N650. You can increase you profit range by buying more buckets to sell.

- Recharge Card Retailing: Airtime is one of the fast moving businesses in the country. This is because people need to make calls, access the internet and send text messages daily. You can start with the N100 cards and reinvest your profits to make more profit
Supply Of Pure Water: You can start buying pure water in bulk which goes for N60 each and supply to retailers.

- Mini Importation: you can buy cheap jewelleries like earring, watches from aliexpress and sell at a higher prize in OLX.

- Small Level Poultry Farming: you can start poultry farming, rearing of broilers to be precise. You can buy day old at N200 about 10, buy a bag of food, train them for 3 months and sell.  Imagine if you start close to the festive periods when demand for live poultry is high...