10 Home Business Ideas to start with low capital in Nigeria

Home Business Ideas to start with low capital in Nigeria

There could be a number of reasons why you may decide to run your business from home. This is not a bad idea but you need to know some things before kicking off. Home Business Ideas will help you in the selection of the right business that you can do from home. It is great to know that having a functional business that you are running from the convenience of your home will save you from a lot of things. For instance, if you are a stay at home Mom, this is the best thing you can do for yourself because it will give you more time to take care of your home. Also, if your start up capital is low, then, it will save you from a lot of expenses of renting of shop and paying additional bills.

Nowadays, technological advancements have made things easier for people who wish to start their Businesses from home through online selling. All you need to do is to upload your items and their Prices on your website, online marketplace, social media handles for buyers. I know some people who make various products at home because of their brand popularity, they don’t need to go outside to market their goods. You too can do that.

It is also important for you to understand that your home Business should be outstanding so that you can have great customer retention. Ask yourself, why should people patronize my products? What can I do inorder to stand out from others selling similar products to mine? This article will help you get home Business ideas and advice on how to run it.

Home Business Ideas to start with low Capital in Nigeria

1. Jewelry Business

Jewelries are among the fast selling products in Nigeria. Every occasion needs one type of jewelry or the other and Nigerians are fashionable people who likes to appear in their best at all times. One of the things that will make you to stand out in Jewelry business is when you sell original products.

No one will like to come back to patronize you again if the Jewelry that he or she purchased from you fades out easily. You need to build trust by selling original jewelries. This is one thing that will make people from far and near to buy and also recommend you to others. You will make a good profit as long as you are selling what the people needs. Start with female jewelries because it is in high demand. You can start this business with a low capital.

2. Women’s Clothing

One of the things that I like most about women’s clothing business is that it has a high turnover. Women don’t get tired of buying new clothes. Don’t be scared about the number of women’s clothing stores that you may see online or offline in Nigeria.

One thing that will guarantee your success in this business is carrying out a good market survey. Check out the trending fashion among the women around you and combine it with all season fashion. Sell at a reasonable price, build trust and attract more customers to yourself. You can start this business with a low capital just make sure you go for the items within your budget.

3. Poultry Farming

When you think about the home Business that you can start with low capital in Nigeria, think about poultry Farming. If you have the space to do this business, you will never regret venturing into it. Before you start a poultry Farming, make sure you get a good knowledge of how to take care of the birds so as to prevent them from getting deadly diseases. Know the various treatments that you can give to them when necessary.

Depending on your capital, you can start rearing with a cage, you can also build a poultry house. When they mature for selling, individuals can buy as well as other retailers. As long as your birds grows healthily and strong, getting buyers will never be a problem. If you are venturing into this, keep good record of your expenses and know the price that you will sell to maximize profit.

4. Fish farming

Just like poultry Farming, fish farming is another home Business in Nigeria that a lot of people are testifying that it is indeed lucrative. Before you go into fish farming, make provision for the right place that you will keep the fingerlings until they mature for sell. Also know how to take proper care of it. Consider the factors required for setting it up too.

Most people who wants to make extra profit from their fish farming goes as far as smoking their fish for people who needs it in that form. Only do this if you can, otherwise, sell them as soon as they mature for sell. Start-up costs depends on the volume or scale that you choose.

5. Kiddies Wears

This is another great home business idea. You will have a good turnover as long as you are selling what people will like to put on their kids. Consider the class of people living around you or whom you intend selling to before venturing into this business. Choose the age brackets of kids that you will sell their wears and be known for that. If you don’t have enough start-up capital, you can start with “Okrika” or fairly used clothes.

6. Wigs and Weavons

This is another home Business that ladies and women will greatly patronize. If you are intending to venture into this business, your start up capital should not be too low. You equally have to make use of social media, websites and online marketplace to make good sales from home. You can start with the ones that you can afford and top up as the business grows.

7. Custom Made T-shirts

If you have the knowledge on how to make customised T-shirts, you can make a good income from it from the comfort of your home. Make yourself and your brand well known. Nigerians like parties, people are using custom T-shirts as uniform in different parties such as birthdays, rallies, walk out and others. When you get an order, try to give out your best so as to get more patronage.

8. Frying and Baking

If you are lucky to have learnt or have a knowledge of how to fry and bake, then, it’s so easy to start up this business at home with low capital. You can fry snacks like, egg roll, bons, chin-chin, peanuts and bake cake and other things and sell. You can be selling in retail as well as wholesale. You will make a lot of profit from this business as long as your products are good. People doing various events can place their orders.

9. Typing, Printing and Publishing Business

This is a good home business idea in Nigeria that I will recommend for people living close to educational institutions or other parastatals. Get the required equipments for these business and start up. You may go for affordable equipments and add up later. To make more sales, add the selling of books and stationeries to your business.

10. Selling of Water and Drinks

Don’t underrate this business in terms of making profit from it. To boost sales, you can sell in wholesale as well as retail. Selling cold drinks and water will attract more buyers to you. When you want to venture into this business, try to be regular so as to retain customers.

Now, you have known home Business Ideas to start with low capital in Nigeria. Don’t procrastinate, Start one business or the other from the comfort of your home and start making the profit.

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