Brooklyn Candle Studio is one of many vendor-owned businesses on Shopify that have launched on Etsy. As part of your marketing, you can share your customers` impact by supporting your business, such as a blog post about your work in the community or a real-time impact calculator on your website. With N500,000, you could open a store selling new clothes and shoes. You don`t have to spend the entire N500,000 on this business and you should avoid it. Keep in mind that most of your customers are not attracted by the beauty of the company, but by the quality and affordability of your products. When it comes to home-based businesses, this is one of the best if you want to be your own boss. The salary can be quite fair. For example, you might find content marketers earning up to $1 per word. More often than not, this work lands around $50 and $200 per thousand words. This activity involves the sale of beverages and sorted into a fresh joint.

To start this business, all you need is a nice little building with a big site and you`re good to go. Another sought-after livestock business in Nigeria that takes 500,000 or less to start is fish farming. With N500k, there are many business ideas that you can start and make a lot of profit. In this article, you will find 10 companies you can start with 500k in Nigeria. Dropshipping can be done worldwide. This means that you first need to create an ecommerce website where you can list your products and get sales. Like memberships, subscriptions are good business ideas because they create a recurring revenue stream. People need to proactively cancel their subscription if they don`t want to keep paying for it. If you have a solid understanding of finance, math, and economics, starting a stockbroker can be a great way to invest business capital, leverage your knowledge, and help other families build wealth.

The sad thing is having the funds and not having good business ideas that pay off, so take your time to find the best business idea. To start this business, you need to find and get in touch with other sellers, as they usually come together to cover import costs as well as clearing fees. It is a good choice. I published new items in the breeding store, check them. And don`t forget to sign up either, because more and more articles will fall. The more the entrepreneur is a beginner, the more capital he thinks he needs to start a business. It may sound far-fetched, but you can start a real estate business and make a lot of profits. However, your profit would not come immediately. Dealing with real estate means buying land at lower prices and selling it at higher prices. Personal trainers also make a good living. They can earn anywhere from $50 to $250 an hour while exercising to achieve their fitness goals.

Although a personal trainer does not need to have any training, income with a master`s degree tends to be up to 140% higher than with a high school education. Starting a highly profitable business with 500k or less with the ideas in this post will be very easy. Most of these companies don`t need any creative experience. Some of them can be operated on margins or part-time. While many social enterprises offer their own original products, you can also take one of the low-cost small business ideas mentioned above and partner with a nonprofit or execute that social good with your own hands as long as you are transparent about how it works. You can become an affiliate with some of them quite easily, help people sign up for the services, set them up, and earn a commission on their monthly fees. But as a supplier in this industry, I wrote a good article that puts you ahead of others, so do well to click on the link to learn more. With 500K, you can open a department store, fill it with phones and other mobile accessories such as headphones, power banks, selfie sticks, etc., and start selling. One of the great aspects of subscription boxes is that you can create them for just about any niche. For example, showcasing dealers and manufacturers in your community is one of the best local business ideas for subscription boxes.

You can also opt for themes like yoga, brewing beer or pets – the possibilities are quite endless. Another company that starts with 500k in Nigeria is Salon Business. It is one of the most dynamic companies in Nigeria, people do their hair and cut hair. By choosing a very good location and getting a place for your salon business, you can make a lot of money. This business requires a medium-sized business and a bit of knowledge of cosmetic products. Then you can find a cosmetic supplier/distributor to get these bulk products at wholesale prices and profitably resell them in pieces at retail prices. Before we give you a complete idea of how to start this business step by step, let`s talk about how this business works. Businesses you can start 500K with in Port Harcourt include opening a shop, selling cooking gas, a POS store, a mini-import, opening a bar, palm oil shop and car dealership. This business is for those who have DJ skills, if you are good at DJ services, you can start your own business by becoming a DJ.

While only 1/6 of real estate agents succeed, those who do can start a lucrative business. Santino Fillepelli told us: gas stations are very profitable if you want your own business. There are no education requirements to start the business, and in-store sales have margins of 30-40%. Buying one has start-up costs of up to $3.5 million, but they can earn $37 million per year. I am honestly impressed and thank you for this article. Okay, I have a business idea, although I never see your article talk about it, but I`m sure you have quite a bit of knowledge about it. It`s “the palm oil industry, I`m from Imo State in Nigeria. So, please, how do you see the company? Can someone start the business with more or less than 200k? I need your registration on this….

Thank you, sir. We`ll find out which small businesses are the most profitable, look at some of the most profitable businesses to start at home, and give examples of successful entrepreneurs in these fields. Buy stock, store it, choose it, pack it, ship it. Inventory management is an important commitment when running a business. If you`re looking for a super easy business to get started with 500K in Nigeria, why not start a cookware business? This shop includes the sale of various kitchen utensils such as pots, knives, whistle kettles, shelves, plates and so on. A small store is a must for this business, then fill the store with plastic products that you can get at wholesale price from distributors in the larger markets in your area. Then sell the retail prices for profit. While there are businesses you can run with little or no capital, most businesses need enough capital to succeed.

Next, take a look at another interview we did with legendary real estate agent Santino Filipell on real estate investing, in which he also explains how he built his agency: The beauty industry has really gained momentum during the pandemic. Our research shows that 55% of health and beauty company founders said they were satisfied with business development in 2020. Businesses that sell online and offer various delivery services will continue to win. You can also start a logistics business with 200k, depending on available resources. (For more information, see Companies you can start 100KB with) You will need a bachelor`s degree in economics, finance, mathematics or other applicable fields and licenses from state and federal agencies. The average compensation is around $90,000, but many work with commissions based on the value of the funds managed. T-shirts, hats, phone cases, hoodies, skirts, tote bags and more become canvases for your creativity. You can find funny slogans for developers or references that resonate with cat owners – if there`s passion and pride in a community, there`s a potential t-shirt business you can start. Thank you for being so impressive after reading this, and I need even more of your guidance as a student who has a million and wants to invest what you think he or she can do, but for me, I have a business acumen selling jewelry or frozen goods.

For your own advice, what do you think, sir, to learn more about importing and how to get started, take these digital courses: Snail farming is a very lucrative business, especially now that snails are exported from the country. Apart from this requirement, fashion is constantly evolving due to the great and diverse interest in styles and desires. Opening a clothing store in Nigeria can be lucrative, especially if you focus on women`s fashion.