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Muna Tengi
- 3 Min Read
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8 Small Business Ideas In Nigeria To Start With Low Capital In 2024
The road of entrepreneurship is a thrilling one, full of chances for success, expansion, and innovation. This is a highly recommended path in Nigeria if you want to stay financially relevant in the current market. It is not only doable but also promising to establish a small business with little funding. This blog post provides a thorough guide to small business ideas that you may start in Nigeria with little money, regardless of your level of experience or desire to try something new.
1. Affiliate Marketing with Kashgain
Are you looking for a lucrative opportunity to earn rewards while carrying out everyday transactions? Look no further than Kashgain, a trending VTU platform that offers enticing rewards for using their services and building a network of transaction users.
Kashgain provides a seamless platform for various transactions, including:
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Airtime and Data Top-Up
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Recharge Card Printing (All Networks)
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Subscription for DStv, Gotv, and Startimes
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Payment of Electricity Bills
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Purchase of Exam Pins (Waec, Neco, and Jamb Pins)
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Ordering for Cybercafe Services
What sets Kashgain apart is its rewarding system, which includes:
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Up to 5% Cashback from Recharges and Cashback from your registered downline transactions (Airtime 0.5% and Data 1.5%)
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Direct referral Commission up to 30% and 10% to 1% indirect referral commission from downlines
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Up to 5% Commission when you order for Cybercafe Services
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Leadership Bonuses ranging from ₦15K, ₦25K, ₦120K, ₦500K, and more.
The best part? You can start this business with just a capital of ₦5,000.
Don't miss out on this opportunity to earn rewards while conducting your everyday transactions. Join Kashgain today and start earning!
2. Homemade Food Delivery Service
Nigeria is well known for its extensive culinary history, and demand for freshly prepared meals that are delivered right to consumers' doors is rising. Authentic Nigerian cuisine can be catered to by starting a homemade meal delivery service that serves busy professionals, students, and families with moderate investments in cooking equipment, packaging materials, and marketing strategies.
3. Mobile Car Wash
A mobile car wash company offers a lucrative potential as the need for convenient services is driven by urbanization. Customers in residential neighborhoods, office buildings, and event locations can take advantage of your on-the-go car washing services if you have a portable water tank, environmentally friendly cleaning supplies, and a dependable shipping method.
4. Fashion Accessories Retail
Nigeria has a booming fashion industry and a rising demand for fashionable purses, scarves, and jewelry. By starting a retail fashion accessory business, you can take advantage of this market by obtaining reasonably priced, fashionable goods from regional vendors or craftspeople. Selling your goods online through social media networks or e-commerce websites is a good place to start small.
5. Digital Marketing Agency
Businesses are becoming more and more digitally savvy, which has increased demand for digital marketing services to assist them reach their target audience and improve their online presence. Consider launching a digital marketing agency if you are skilled in content marketing, search engine optimization, or social media management. Small and medium-sized businesses (SMEs) trying to increase brand awareness and boost consumer engagement might benefit from your customized solutions.
6. Cleaning Services
The demand for expert cleaning services for residential residences, workplaces, and commercial spaces is rising in cities like Lagos and Abuja. You can start a cleaning services company that serves busy professionals, foreigners living abroad, and property managers looking for dependable and effective cleaning solutions with very little investment in cleaning supplies, machinery, and transportation.
7. Tutoring and Coaching
The demand for tutoring and coaching services across a range of disciplines and skill areas is growing as a result of the proliferation of e-learning platforms and virtual classrooms. If you are a specialist in a certain academic field, language, or professional skill, you might want to think about providing coaching or tutoring services to professionals, students, or anybody else who wants to improve their knowledge and skills.
8. Event Planning and Decoration
Weddings, birthday celebrations, and business gatherings are just a few of the exciting social events that Nigeria offers to firms who specialize in event planning and design. With a little imagination, meticulous attention to detail, and solid organizational abilities, you may launch an event decoration and planning business that provides customers with unique and unforgettable experiences. To set yourself apart from the competition and draw clients, you may begin by concentrating on particular event categories or specialized markets.
