The businesses you can start in Nigeria with 50k
Starting a business with 50k in the current situation of the country and making a good profit from it needs serious reasoning. So in other to save you the stress of brainstorming, here is the business you can start with, with 50k as capital.
Business you can start with 50k
The UK used bedsheets: you can make as much profit selling bedsheets in a day especially when it is the market day. How you do start? To start this business successfully, there is something that needs to be put in place and studied first which are
- Market days
To start selling the UK used bedsheets you need to know the day of their market days when the bundle of bedsheets would arrive. This helps you in the selection of the first-grade sheet and can be sold at a very good price.
Getting a good spot at the market: this is very important as it is where you will display the bedspread for potential customers. If you stay in a busy area where there is a high traffic of people passing through
Fairly used shoes: this is another silent lucrative business that people don’t pay attention to, with 50k you can start selling nice UK-used shoes. All that is needed of you is to go and get it in bulk just like the bedspread and display them by the roadside where there is a lot of traffic.
Mobile data reseller: with 50k or less than 50k you can start to resell mobile data like MTN Glo and Etisalat. In this case, you don’t need a shop or location, all you need is your smartphone internet, and social media. You can also go as far as printing a mini Banner to hang around. Once you get the data in bulk you resell it.