Business

3 Small Businesses You Can Start To Make Huge Profit In Nigeria

Published

3 years ago

Apr 23, 2022.

Praise Ben

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With the current state of the country, one can barely depend on a monthly or weekly salary for survival. The best alternative is to get a business that you can rely upon.

In this article on EKO HOT BLOG, we would be looking at 3 Businesses that could make you a huge profit in Nigeria.

1. Pure Water Production

First, I must say that this is one of the most underrated businesses in the country. So many have made Millions from this business.

The advantage of this business is, that you don’t need so much money to start, I mean if you can get the machine, some types of equipment, a good source of water, and a few workers, you can start right away.

People buy water every drinking water every day, so you wouldn’t lack customers. You don’t need an advert for publicity. It would yield huge returns in a few months. You will also need to be approved by the NAFDAC

2. Importation of used clothes

If you live in a busy city like Lagos, you will see how people rush to buy cheap and used clothes. Just make sure to wash and starch them before importing them.

It won’t be long until you start tallying your gains. Remember that not everyone can afford to travel to the boutique and buy expensive clothes, but you can alleviate their burden by selling them high-quality used clothing.

You will need to make findings from those already engaged in the business.

3. Day/Child Care

I must add that this requires some unique abilities, but it is a lucrative business.

FURTHER READING

You don’t need any specific registration or approval, and you don’t need a lot of money. Start with your own home, a few children’s DVDs, some toys to play with, and one or two people with child-care experience to assist.

It’s a little business, but it has the potential to make you a lot of money in the long run; there are only a few people in this industry, so there’s room for growth.

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