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21 Best-lucrative Businesses You Can Start With Little Or No Capital


Many successful business distributors and or entrepreneurs started with whatever they have. They don’t wait till they have enough money. 

I remember the day I read in the Nigerian Finance and Investment weekly newspaper several times ago.

A Nigerian woman who graduated from a Higher school became a successful entrepreneur from selling Mouka Foam as a depot distributor she started with N200,000 she had in her pocket.

No matter what a female manufactured company or Mouka foam supplier required this young woman to invest N400,000 in Mouka Depot business she did not have, that passionate woman just started it with N200,00 and grew into a big business. She negotiated and urged her to accept her investment in whatever she had.

Another again, a woman who won a prize rewarded by a Coca-Cola company at 10s started selling only two crates of coca-Cola minerals beside her neighbour‘s Petroleum Station as a depot distributor.

And when she improved her distribution business, she started building a great steel warehouse for her business with her own pocket she made money from her business, not her husband.

Again, an undergraduate student made over N600,000 in a few months from selling Boss Suits he started with N200 he received allowance from her mother for school. 

That is why the Mouka foam businesswoman was quoted to say I do not remember exactly in this blog: ‘Start with whatever you have. Even if you have N2, start with it’. 

Remember, God said in the bible that He shall bless the works of your hands and whatever you do shall prosper? 

Now, I would like to find some lucrative distribution businesses where you can start with whatever you have. Some do not require you to invest heavily while others may require you to invest heavy.

But remember, even if some companies require a big capital from you to invest in for distribution business, you can start with whatever you have as long as you have real interests. 

You can negotiate with your selected company and urge with her well as long as you are of passion.

Simple. Now, the following lucrative distribution businesses are here:

21 Small Lucrative Businesses You Can Start With Little Or No Capital to Make Quick Money Daily 

1.Casual wear business:

You can start it with N5000 or even N10,000. You can buy cheap at Idumota market in Lagos and sell it in your community, in your school, etc.

2. Fan milk business: 

you can make money as a depot distributor if you have enough money to start. You can become a Fan milk retailer by buying what you have and selling it to high-speed routes during the dry and rainy season. It is in high demand because of people’s thirst.

3. Yoghurt business

You can start it with less than N10k or N20k by grilling the ingredient of yoghurt, packaging and selling as a distributor.

4. Household business: 

If you understand what household business is, then you can do it by starting with any capital you have and grow into your big distribution business.

5. Minerals business: 

I know it requires you a heavy investment for distribution business, but if you really have passion for business, you can do it by starting with less capital no matter what and grow into a big distribution company by replacing each time you sell.

6. Bakery business: 

You can start it with N10, 000 at home as a test and make N2000 or N3500 as quick turnover daily by labeling, packaging, marketing and distribution to bread sellers.

7. Sweet food business: 

If you sell sweet food products to high secondary students, big boys and girls you buy with just N5000 start-up capital, you make a fortune daily from this business. 

My deaf female friend made N1500, N2000, even N3000 daily selling N5, N10 and N20 sweets, candies, biscuits, sachet water drinks, etx to students at Bodija.

8. Raw foodstuff business: 

You can start it with N50, 000 as a food distributor and make good profit daily only if you locate your warehouse at busy trodden-route street.

9. Palm oil or vegetable oil business: 

If you want to seek high returns from investment, maybe you need to start it with N200, 000 as an authorized distributor by buying cheap in bulk and sell it to palm oil female traders. 

Or you can be a producer of this business if you are sure you are a millionaire.

10. Detergent and soap business: 

I guaranteed you can be a millionaire in less than a year if you are into this venture at a popular market as a distributor or a producer. Household and female trading consumers still hunt it everyday and every year.

11. Pesticide and insecticide business

I think it is not lucrative, but it is profitable because people still use it. You can start it with N3000 or N5000 as a producer and market it to high popular marketers.

12. Frozen fish Business: 

You can do it by starting with any capital you can afford as a distributor. It is best profit because some people in Nigeria can not afford cost meat for their home.

13. Flour business: 

You can start this business with N50,000 or any other capital you can afford as a distributor or retailer and make good turnover because bakery business owners and puff-puff business still buy it for their business.

14. Day-care And Creche

If you have passion for children, then this is your best bet to make some fortune. You can take off from your flat with little publicity around your neighborhood and make as much as N50,000, N100,000 or N300,000 a month, depending on your environment.

15. Travel Agency Business

I have another friend who makes good money doing travel agency business. You can specialize in arranging tours for pupils /students in primary, secondary and tertiary institutions in your neighborhood and make a whopping profit from this business after spending on trip and accommodation for two days you charge them per pupil/student each.

16. Catering Business

The basic thing you need for this business is excellent culinary skills, distinctive organizational wizardry plus your business card. Once you can impress at your first outing, believe me, you will soon start smiling to the bank. Why? Nigerians love good food served with pomp!

17. Party Entertainer/Comedian Business

Do you have talent to amuse or entertain people at parties or on stage? Then, stop doing for free. Place a price on yourself and get professional. 

How? By packaging yourself. Create a unique dress sense for your outings and polish your communication skills. AY, Ali Baba, Basket Mouth, etc make a lot of money through this business.

18 Laundry Business 

The tools needed in this business are a set of firm hands and a strong back, either yours or those of others. If you can afford a washing machine, great, but if you can't, no problem. You'll soon be able to procure one with consistency. 

You can start this business by arranging to visit the customer's homes to pick the clothes which you then wash, iron and return.



19. Cool Spot/Relaxation Joint Business

We are in a nation of beer drinkers! Those who don't take beer l(ike me) take other drinks. You can capitalize on this business and start a cool spot/relaxation center where people can have chilled beer, soft drinks and juice with fish or meat pepper soup and make money daily.

20. Cleaning Service Business

Almost every type of commercial establishments such as halls, stores, offices, restaurants, movies houses, etc engage the service of cleaners to keep the place clean. This cleaning may include sweeping, window-washing, cob-web cleaning, floor waxing, mopping, fumigation, etc. You can make good money rendering the service. 

21. Remedial School Teachers

Do you know a subject or a few subjects very well? Can you teach people these subjects? Can you coordinate other teachers employed to teach different subjects. If yes, this is a good business for you. 

Final Thoughts 

Sorry, I would like to stop it. Next time I may try to add more by God’s grace if I find any business that is so lucrative with less capital. I hope you enjoy it?

If you found this article worth reading, please share this link with other social media friends. Any comment or question you want to share or ask me, please drop your comment in this comment box.

Thank you for reading.

Happy viewing!


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45 comments:

  1. Thank you for your comment. I am happy you benefit this article because you love it.

    ReplyDelete
  2. Anonymous11:23 PM

    But sir, are you sure 50,000 Naira wil start up a good business bcause even the money to rent a shop for the business is not inclusive yet so please shed more light on that so as not to run at lost, thank you

    ReplyDelete
    Replies
    1. Yes, I think so. Many successful entrepreneurs started with less start-up capital they had. They did not wait till they had enough money. They just started with whatever they had. It is true stories. One campus student grown over #60,000 from selling Boss suits started with just #200 without a shop.
      By God's grace, I will try to share with you how he did it.
      A Nigeria widow became the greatest bean-cake seller in Lagos started with #170 she had. God told her to start it with what she had. Today, She was blessed wit great success. You too can. You can start with #50,000 or with whatever you have if you have faith. Please tell me what business you want to start with #50,000. And I will try to answer you.

      Delete
  3. Anonymous6:32 AM

    Can I start poultry and supermarket while in school

    ReplyDelete
    Replies
    1. Yes. You can do both poultry at backyard if your authority permit you and supermarket in school. But the secret to fast financial freedom is to sell sweets cheap to secondary school in your supermarket in school.

      one of my deaf female friends now becomes rich at young age because she sold different types of cheap sweets to secondary school. Most students and pupils love sweets. they will like to spend #5, #10 and #20 on sweets and frozen pure water.

      She told me she made #1500, #2000, or #5000 today daily selling different sweets to secondary school even teachers at Bodija.

      the secret secret is to sell crates of egg you feed on poultry. My former neighbor now become rich at young age by buying a car using for journey in business and married because he sold crates of egg as a distributor he fed on poultry daily.

      Try and do it. Thanks.

      Delete
  4. I wan to start palm oil production in Imo State with N500,000 capital. what step do I need to take BECAUSE i`VE NOT DONE IT BEFORE

    ReplyDelete
    Replies
    1. Ekene, thank you for finding this blog. You are not only that want to want to start palm oil business,but also another one who sent me SMS.

      Palm oil Business is so profitable I ever know. Many people become so rich through this.

      However, you said you want to start it with #500,000. But I advice you to be careful if you are a new beginnner. it is only for a major player. I mean a major distributor to processing palm oil companies. it means you buy cheap in bulk at distributing price and sell it at wholesaling price.

      however, you can start with #200,000 and see how to work.
      I think i will like to give you some steps you can take to succeed, but I have not time because I feel little confused, not knowing what i can say.
      please bear with me. thanks.

      Delete
  5. Anonymous8:17 PM

    Thank you joe for this wonderful blog. Pls I want to venture into cupcake business like this uac type, but am finding it difficult to break into the market plus I don't have a nafdac number, pls how do I go about it. Can I also find distibutors and marketing agents for it

    ReplyDelete
    Replies
    1. Thank you for your comments. Why do you call me Joe? Sorry, I have not time to teach you how to market locally. I know it much.

      However, what you break into the market is to go and meet small-scale retailers in school, the street and popular market and offer them your product at a commission or Invoice.
      And they will accept it by selling it for you if they find your package is attractive.

      You can get NAFDAC number from the NAFDAC office if you show them your product. if they find it is hygienic, they approve it and you will pay it for it.

      Yes, you can find distributors and marketing agents for it any where if you advertise vacancy in the media.
      Remember, you must have a good brand and attractive package. Good luck.

      Delete
  6. This is better post then your previous one. I came here from twitter sharing well i am your blog follower on twitter, This is amazing blog just want to tell you please continue your sharing with us
    business for sale Vancouver

    ReplyDelete
    Replies
    1. Thank you for comment. I am happy that you now become my blog follower. By God's grace, I will try to share with you. Thank you for finding this blog.

      Delete
    2. I enjoy your blog. It is about Franchise opportunities I visit now and read it. It is better. Any body who wants it can go into this opportunity, but they must know about franchise much before they take risk. It is good for investors who have bigger cash. Thank you.

      Delete
  7. Anonymous10:19 PM

    is there no side effect

    ReplyDelete
  8. Anonymous3:23 AM

    Oh my goodness! Awesome article dude! Thank
    you, However I am experiencing troubles with your RSS. I don't understand
    the reason why I can't join it. Is there anybody
    else getting identical RSS issues? Anyone that knows the answer will you kindly respond?
    Thanx!!

    my blog - SW Florida Web Design

    ReplyDelete
  9. Hey guys my name is John Chileuwa, i can tell you that starting a business is something of passion and love for what you want to do. most times you may encounter some challenges in your first investment but if you keep it on, you will make it. I went to a training scholl for which i learnt how to produce detergent, soaps, custard and vasaline cream at the cost of #200K WHICH WAS BROKEN DOWN AS 25K PER EACH, i didnt have that amount but i really wanted to learn this things since it was a 6 month program, i sorted money and paid for it, attended the programm got the knowledge, after few months i decieded to do a test on the product, i made detergent, vaseline, soap, it cost about 25 k because i made labell for the vaseline. i took the vaseline to small shops on #50 per bottle, the very first shop i went, the lady took one opened it and told me that was the best vaseline she has ever seen, she bought all the the 24 bottle i produced, my detergent reigned in my street as everybody was testifing of how foaming it was, after all i made #20k loosing 5k and i tried to know why i got the lost, it was from my labell, the amount i spent on the 24 labell would have made me a thousand label, i also found out that a bag of the chemicals for production having 25kg is #2500 while i bought a kg for #700, now i know my errors my next product will be hughe profit. so guys most time your first investment may teach you a lesson for greater product, i went back to buy my vaseline from the shop i sold it and found out it has been sold all. now i do not even have a sample of the labell but i will creat a new one. my product was johnny vaseline jelly. you will make it if you persist.

    ReplyDelete
    Replies
    1. Hi, John, congrats on your successful business. But pls focus on your product till it improves before moving to another one if people like it. dont do it all the same time. You may never improve your business in five years later if you develop your financial records.

      financial records are important you must master.

      thanks.

      Delete
    2. Could you please send to me, Vaseline and custard recipe?

      Delete
    3. Hi,Anonymous, let me tell you the truth that I don't know about vaseline and custard recipes because I do not read it. I don't like teach what I steal from somebody else.But for custard recipes, I may know because I read it in the local newspaper before.

      I will let you know if I find it elsewhere. Thanks.

      Delete
  10. Thanks for this. I want to go into the soap and detergent business but my sister inlaw just started it, do you think it will be appropraite to go into same business but distributing to different people

    ReplyDelete
    Replies
    1. You are welcome. Thank you for appreciation.Yes.You can do the same product/business with her in a different business brand. Maybe you own Oiza Soap while I own Jomu Black Soap for example. we can sell the same product to the same traders at the same high market.

      Nothing wrong if we go into the same business with each other since there are dense population who need soap for their daily consumption.
      thanks

      Delete
  11. I love all that you are doing please keep up the good work.

    ReplyDelete
    Replies
    1. Hi, Neku, thank you for encouraging and also appreciating. i think i do not like to excuse. what stops me to update articles daily is transformer. NEPA officials fail to do it since june, 2015. I am tired of them. they are corrupt. they require money again third times for repairing after short action.
      that is why people in my community angrily refuse to pay for repairing again.

      Ok. Thanks.

      Delete
  12. oladayo4:38 AM

    Pls i want to sell foodstuffs in whole sale and i have 50k, i'll appreciate it if you can help

    ReplyDelete
  13. oladayo4:45 AM

    pls how can i start wholesale foodstuff business with 50k

    ReplyDelete
    Replies
    1. Hi, Oladayo, Simple, But It takes me long to explain how you can do with 50k. Though, you can start it with 50k by buying cheap at distributing price and selling it at wholesale. I plan e-book soon that helps you successfully because i finish doing it at home.
      Thanks

      Delete
  14. Anonymous1:07 PM

    There are grammar issues here. If the postings could be edited properly by a more competent person, this would increase communication. Just saying. Thanks and more grease to your elbow.

    ReplyDelete
  15. Thank you sir for this article. I want to start a business but am confuse. I have 500K but don't know which business. I am thinking of diaper and other household distribution but have no idea.

    ReplyDelete
  16. Pls what kind of lucrative business can i venture into with 500k?

    ReplyDelete
    Replies
    1. This comment has been removed by the author.

      Delete
    2. my admonishing is that if you are not sure what type of business ideas you want to venture with 500k, dont go into venture because you have no purpose for future business.

      i teach you business opportunities in this blog,but determine yourself.

      Following what you are told will fail, decide what business you want to start and follow it up will work. I can draw a horse to the river, but i can not force to drink water from this river.

      Decide according to your faith or interest.

      thanks

      Delete
    3. Anonymous12:01 AM

      Weldone Mr Olusanya, pls how can i start wholesale foodstuff business with 300k? How can I get the eBook

      Delete
    4. Anonymous6:14 AM

      Good morning, Ejeh Matty

      I want to speak to you. I dont know what kind of lucrative business i can offer you to start with n500k. But what i know any one most that can fetch you money is yourself or any other business you can start and make money.

      if you want to know more about how to start with
      n 500k, i recommend you to my mentor, https://investment4business.blogspot.com. it will teach you everything about investment, business and personal finances. I find it helpful and useful.

      Delete
    5. Anonymous5:11 AM

      Hi, Matty, what i do not know what type of business i can proffer you to start with 500k. But i know best is yourself or anything. it will help you to achieve your aim other than following people's hot tips like cake.

      really it do not work. Try yourself.

      if you want to know more different business, investment opportunities or how to opportunities and or personal financial improvement, i recommend my mentor, https://investment4business.blogspot.com to you for knowledge on business.

      Delete
    6. Thank you for adding your comment or offering to Matty on business.

      Delete
    7. Do You want to know how to start foodstuff business with 50k? Buy my ebook and you will appreciate it. if you want to know how to start profitable foodstuff business with 300k, just buy it.

      how can i get the ebook? Contact me through WhatsApp: 08034297693. Thanks

      Delete
  17. Anonymous12:21 AM

    Weldone Mr Olusanya I really like this Pls i want to sell foodstuffs in whole sale and i have 400k, i'll appreciate it if you can help

    ReplyDelete
  18. Pls I want to start up a retail cosmetic business, will 200k be OK for me

    ReplyDelete
    Replies
    1. Hi, Joe

      200k may be OK for you if you apply business plan first because it is your map

      Delete
  19. This piece of information in very educative and quite profitable.

    ReplyDelete
    Replies
    1. Thank you for your commenting. And also you can visit my other blog on investment, business ideas, personal finances and internet opportunities. it is so educational and profitable you need not to miss:

      https://investment4business.blogspot.com.

      try and see it.

      Delete
  20. I want to start the used book business but haven't found a wholesale supplier yet. Do you have any idea of anyone that supply used books in bulk or a warehouse. Thanks

    ReplyDelete
  21. Good afternoon sir, my name is adams Taiwo azeez,pls sir I want to be my own boss, am feel like to do flour business

    ReplyDelete
    Replies
    1. Yes, mr.Azeez. You can do as a boss by starting flour business as a wholesale distributor. Go and contact Flour manufacturer on application form. Thanks.

      Delete
  22. It is lovely blog giving information about different types of business.
    Thanks
    Clothing Accessories for sale
    Buy and sell online in Nigeria


    ReplyDelete