A business is a business no matter how small it is. You can make little profit today and make so much tomorrow. You can save up from your small business now and use your savings as capital to start another venture.
Start something with your small capital and grow from there. Do not overlook any legitimate way of making money.
Here are businesses that you can start with ₦10,000:
Selling of bottled drinks and/or water
Water and soft drinks are consumed by people on a daily basis. People want to have cold drinks for hydration and no one can live without water. With ₦10,000 or less you’re good to go.
You need a small space in a busy area of town, buy a cooler, umbrella for a shield, iced water, a little signboard to direct people to you to get cold water and drinks. You can add selling of snacks later.
People face phone issues every single day. So this is lucrative and with ₦10,000 you can start.
To start, you can partner with a bigger phone shop, buy some of the products and get supplied with others while you pay later.
READ ALSO: 11 Lucrative Business Ideas for 2021
People will always eat so serve them food. All you need is to set up a shop or get vantage spot to sell your food. It doesn’t have to be a shop but a busy place where you get tables, umbrella, and chairs to sell food to hungry people.
In this kind of business, if you start, you can gauge the number of customers that patronise you to prevent wastage.
Freelance Writing Business
You can write for clients and get paid. Freelance writers write for clients or brands via, blog posts, sales letters, copywriting, reviews, descriptions, articles, websites, etc.
It doesn’t require much capital, except for your phone or laptop. You power your gadgets but must have data for researching and delivering to your clients.
With your 10k, you can start this business. You’ll need to buy iron, detergent, pressing stool, new bowls, and fetch water or buy gallons of water if you don’t have taps at home.
As your business grows, you can add washing machine and generator.
You will be of service to many because a lot of people have little or no time to do their laundry.
Liquid soap production
Today many people now venture into liquid soap production business because it is easy and sells faster, people use soap every day, and there are many nameless liquid soaps with green color mostly.
This soap is produced locally and doesn’t require much start-up capital, it is very possible to start this business with just 10k or even less.
If you are making profit of 50 Naira from each soap you sell and you are able to sell 20pcs of soap daily then you will be making 1000 Daily.
sales of recharge card
Selling recharge cards has always been an all year round business. There are people who don’t buy airtime straight from their bank account on phone or network apps.
You will definitely have customers because the average phone user has two active sim cards, which means they recharge two phone lines.