Quick Answer: What Business Should I Start With 20k?

What business can I start with 30k?

Profitable Businesses You Can Start With 10k 20k 30k 40k In NigeriaSelling of bottled drink or bottled water: …

Requirements : get a space in a busy area like commercial bus terminal, buy a big cooler, an umbrella, iced block, a small signboard to write buy minerals and cold water here.

Popcorn Production Business.More items…•.

What kind of business can I start with 10000?

15 Businesses You Can Start for $10,000 or Less.Day care owner.Lawn care specialist.Court transcript proofreader.Bookkeeper.Real estate agent.Freelance writer.Natural childbirth educator.More items…•

How can I start a business with 5000?

6 Businesses You Can Start for Under $5,000Tutoring or online courses. Tutoring and online learning can be terrific business opportunities, and quite attainable with seed money from a tax return. … Make a product and sell it online. … Open a consulting business. … Create an app or game. … Become a real estate mogul. … Virtual assistant.

What can I start with 50k?

20 Businesses You Can Start With 50,000 Naira in NigeriaBaking Business. Baking is a thriving business in Nigeria. … Fast food Business. The importance of food can never be overemphasized. … Plantain Chips Business. This is also a very lucrative business. … Selling Drinks and Water. … Small Scale Farming. … Smoked Fish Business. … Soap Production. … Home and Beauty Products.More items…•

What can I start with 10k?

The business ideas listed here would give you an idea of how to start something with as little as 10k.Freelance writing business. … Poultry business. … Fastfood business. … Social media marketing. … Dropshipping. … Mini importation. … Small Scale Agriculture Business. … Fish Farming.More items…•

How can I make money with little capital?

20 Small Businesses In Nigeria You Can Start With little Capital#1 Sale of Drinks and Water.#2 Bread Supply and Distribution.#3 Eggs Supply and Distribution.#4 Blogging.#5 Sale of Mobile Pone Accessories.#6 Mobile Phone Repairs.#7 Dry Cleaning and Laundry Services.#8 Plantain Chips Making And Sales.More items…

Which food business is most profitable?

The number one most profitable food and beverage business is a bubble tea shop. It’s the most profitable because the cost of goods sold (COGS) is relatively low. It ranges from 10% to 15%. The items are also super easy to make and it is relatively simple to keep the quality consistent.

What are the most successful small businesses 2020?

Most Profitable Small Businesses in 2020Auto Repair. Taking a car to the shop for even simple repairs can be a challenge. … Food Trucks. … Car Wash Services. … Electronics Repair. … IT Support. … Personal Trainers. … Newborn and Post-Pregnancy Services. … Enrichment Activities for Children.More items…•

What business can I start with 20k in Philippines?

Top 5: Best Business To Start With 20k In The PhilippinesFreelance Writing Business. Due to the easy access to the Internet, there are a lot of income opportunities for freelancers that appear all across the Philippines. … Vlogging. This is another great business to start with 20K in the Philippines. … Small Food Cart Business. … Lazada Seller. … Cleaning Business.

How do I start a small snack business?

Before you begin selling your own snacks, consider the size of the market you want to sell to and how quickly you want to grow.Obtain a food handler’s card. … Find a licensed kitchen. … Create a standard recipe. … Develop a method to present and package your product. … Pass an inspection of your licensed kitchen and snack.More items…

What are the cheapest franchises?

Low-Cost/Cheap FranchisesCruise Planners. Franchise fee: $10,995. Initial investment: $2,095 to $22,867. … SuperGlass Windshield Repair.JAN-PRO.Jazzercise. Franchise fee: $1,250. Initial investment: $2,500 to $38,000. … Dream Vacations. Franchise fee: $495 to $9,800. Initial investment: $3,245 to $21,850.

What business should I start with 50k?

Here are some ideas:Consulting: Choose a niche, and make people pay for your expertise. … Agency: Create a web development, app development, or marketing agency. … Ecommerce: Set up an online shop and sell products online. … Contracting: If you have construction or painting skills, you can start a contracting business.More items…

What can I start with 20k?

20 businesses you can start with 20k according to Lagos entrepreneurBedsheet/Beddings Production. … Shirt Production. … Sales of men’s underwear. … E-Payments and POS Business. … Mobile and electronic Accessories. … Popcorn Machine. … Sales and Customizing of Football Team. … Snail farming.More items…•

What business can I start with 20k in Kenya?

7 Profitable Businesses You Can Start With 20K Or LessSelling Second Hand Clothes. This has become a very lucrative business option for many young people. … Printing/Photocopying. … Operating a Salon/Barber Shop. … Selling Boiled Eggs, Smokies Or Sausages. … Movie Shop. … Car Wash. … Selling fruits & vegetables.

Can franchises make you rich?

Even the most lucrative franchises can’t guarantee financial success to every franchisee. It is not the franchise model alone that makes a franchisee rich, but the way in which the franchise is handled across all areas of the business. In brief, there is no shortcut to fortune.

What type of shop is most profitable?

So read on below and thank us later.Coffee Shop and Bar. When you think of your neighborhood coffee shop and bar, you might not think of the same establishment. … Pet Grooming and Boarding. … Clothing Boutique. … Vape Shop. … Bakery. … Grocery Store/Specialty Food Shop. … Lawn and Gardening Service. … Food Truck.More items…•

What are the most successful small businesses?

Wellness, health, fitness, and pet-related services are some of the most popular and profitable personal small business ventures. Start-up costs can be as low as $0 and generate thousands of dollars of revenue in no time.

What is the easiest business to start?

15 Easy Businesses to StartEvent Planning. … Gardening and Landscaping Services. … DJing. … Painting. … Yoga Instruction. Image (c) Hero Images / Getty Images. … Local Tour Guide. Image (c) Zero Creatives / Getty Images. … Tutoring. Tutor helping one of her students. … You Don’t Need Much Money But You Do Need… Couple running small gardening business.More items…