I have compiled 20 businesses you can start up with 100k or less

1. Production of bed sheet / Bedding.

Pay a visit to Lagos Island, or Oshodi where they sell bulk materials, pick  up good designs and I tell you the guys who will sew it for you are just within the same Market. You can start will less than 100k and grow your money diligently.

2 . Production Of Zobo, Smoothies, cocktail, small chops, cupcakes and chinchin.

You certainly would realize the importance of this combo  and it cant be ruled out. You can render these services with 100k startup capital plus  proper marketing, branding and packaging. you-tube or social media can train you.

3. Boxers production.

Make a trip to Aba Market, The cost of production  can be as low as N300 per one, all you need is to package it in 3s, and market these babies properly search for social media platforms that buy in 3s pack boxers, for 1500-2500 sell yours for 1200 gradually grow.

4. E-Payments and POS Business:

You can a purchase a  POS machine from your Bank, and activate online banking: Especially f you live in a place where banks aren’t much you can handle E payments for people and make your little change. I know a friend who paid someone N200 to withdraw 10k @ Ikorodu. ATM queue was crazy.

5.Fairly Used Goods.

Fairly used goods such as Jeans, Tops, t-shirts, shoes etc. They could be sourced at Badagry, even Cotonou. 100k can’t get you a bale but you can select and mix them. Wash then and pack neatly. Marketing is all it takes, you’ll Sell and see your money multiply.

6. Popcorn business:

We all know this product that we buy every time.
Bags of corn – Mile 12 Branded Nylon Sugar, Salt & Butter. The beauty of this is when properly made, its aroma will attract its customers.
Manual sealing machine -7/9k Popcorn Machine is 65k on Jumia Popcorn can be served anywhere. It costs less than N40 to make a pack of popcorn

7. Branding – Sales and Customizing

Sales and Customizing of Football Team
Football team supporters always want to show how much they’re rooting for a team. Consult ‪@The_Ronke‬ She will show you how well you survived the business.
She’s cheerful enough to train you too.
Also products and up coming services needs branding too.

8. Snail Farming:

Snail farming in Nigeria is even more popular, due to its relatively cheap cost of startup and If you market your products well, your business will thrive. This is a business you can start from your backyard. Best in mind, snails take almost a year to mature so Patience is Key!

9. Mobile and Electronic Accessories:

Purchase Mobile and electronic Accessories such Pouches, Chargers, USB cables, HDMI cables, earphones and more, this can be sourced on Alibaba, Ali Express, Deal Extreme, etc. The more you buy the lower the price. And they are light so shipping won’t be a burden. Sell on here or Jumia and co.

10. Cleaning Services:

Some people find it hard to clean their apartments cos they’re busy from Monday to Friday and Saturday they have engagement and on Sunday all they wanna do is rest. Your tools won’t cost you up to 30k and you can clean 6 apartments a weekend.

11. Home Cooking and Delivery:

If your a cook and you can cook a variety of meals well and apply customer service,alot of people will pay good money for your services, You can run this from home.

12. Digital Marketing:

The success of any business is in its ability to  reach its customers and this is achieved by marketing effectively: Get a Used Laptop and Smartphone, temporarily your smartphone can double as your hotspot Persistence and Passion is Key ‪.

13. Cakes and Confectionery:

This is one business that  is always in season, people celebrate, and bakers are always consulted.  Get the required skill, a decent oven, passion and customer service! You’ll grow! be open to training too.

14. Aso-Oke Beading and Stoning:

Aso-Oke Beading and Stoning has been in vogue now, and this is another sweet business one can start with 100k. You just have to learn how to bead and unlock your creative mind..

15. Bead Making:

I’m not sure there’s really much to say here. All you need is training, passion, creativity, unique designs and styles, then adequate marketing. You absolutely don’t need 100k to start this.

16. Home Service Barber:

This is another profitable small-scale business. The thing about this is you can bring your services to your clients for an extra token above regular. The starting capital to get the equipment and I’m sure you know we also have rechargeable clippers.

17. Tutorial Classes:

 This is another well-paying job, either as part-time or full-time. A lot of families are willing to spend what it takes for their children’s success and there’s one subject you’re well versed at. Just close the gap, meet their need for a fee. Age is not a barrier.

18. Internet Services:

Forget the extensive coverage of internet and the fact that people can assess it on their phones, Do you know how much applicants pay just to have Jamb applications filled online? You need a good system, printer & ISP. People pay as much as 1k per application

19.Shirt Production:

A sweet side hustle. There are tailors in Lagos Island or better learn the skill it will save you all the heartbreaks imaginable. Taiwo Street in Lagos Island is where you should be. Materials ranging from 700 – 1k per yard, sew for 1500/2k, Sell for 5-7k.

20. Re-Invest Your seed Capital in an existing business.

Not everyone is destined for business but they can see opportunities. You can always sow your money as operating capital and draft an agreement on profit sharing. You can at least support your investment by bringing customers so the business can thrive. Market it on all your social media pages and who knows.also


So you see

100k can do a lot!!!!
Let me give you another iceberg

Production of Hand-Made cards:

Did you know that people pay good money for these thing made of paper and straw-board. This is a business you can start with less than 100k.
Imagine you want to buy a dignitary stuffs they won’t forget, you certainly can’t buy them clothes or shoes. Cos they have it all.
Truth is there so much one can do with very small things, it just  takes persistence, focus, interest and above all hard work. We can’t all be rich but we all shouldn’t be poor.
Thanks for reading through, God bless!

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