The Blog Single

  • 5 Filthy Businesses That Are Profitable In Nigeria

    With a population nearer to  200m than 150m, Nigeria is a vast and fertile land for business opportunities. Most businesses in Nigeria when done properly will bring tons of profit. Now, let us see 5 dirty businesses that can bring money.

    I say dirty not because they are  illegal but because they may be strenuous.

    Livestock Business
    Please do not forget to do your research, market and  marketing and product research. These include competitors evaluation,price, place and cash forecast and planning. This way you can measure your performance..
    However, the business must have to stand out thus must be unique. The number one step to running a successful business is dedication.

    Below are some of the dirty business in Nigeria that fetch profit

    1. LIVESTOCK BUSINESS
    Most times when we hear the word agriculture what comes to our mind is farming. Now ask yourself, is agriculture really farming?

    Do business opportunities exist in agriculture? Agriculture is open to a wide range of business opportunity.

    Livestock is an aspect of agriculture with wide range of business opportunity with maximum profit. Demand for Fish and meat in Nigeria for instance is so cumbersome that the demand supersedes the supply.

    Thus the market can never be saturated. Livestock business is a business you can start with very little capital even in your backyard.

    However most persons fail to tap into this business venture.

    2. EVENT PLANNING
    Event planning otherwise called Catering is a business venture open to all, both male and female, students and graduates, poor and rich.

    In Nigeria today weekends are flooded with varieties of events from Weddings to birthdays even burials.Individuals often find they lack the expertise and time to plan events themselves.

    Independent planners can step in and give these special events the attention they deserve.

    Event planning entails cooking and serving of different cuisines and also decorating the event centre, thus The number one step to being a successful event planner is creativity.

    3. BEAUTY SALOON
    One things ladies can never shy away from is their looks. Having a beauty saloon is lucrative far beyond what an average Nigerian thinks.

    The most striking fact about this business is that it can be done from the comfort of your home. All you need is to have the skill and your workwill advertise for you.

    For a successful beauty saloon, it must be located in an easily accessible location for your costumers even if its your house with a very conducive environment to give a relaxing service for your costumers.

    4. SANDALS, SLIP-ONS  AND SHOE MAKINGshoe Business
    A footwear is an accessory to complete your dressing and it comes in various types depending on the occasion, and the

    cloth the person is putting on.

    Everybody needs a pair of shoe or slippers to go to everywhere; be it church, work, school or informal outings, thus making it an everyday item.

    Slippers and shoe making is a business neglected by many but are neglected by many.
    Though requires apprenticeship its a business that can fetch you cool cash and the resources needed are readily available.

    Many shoes and slippers abound in the market today, thus Your brand is what unique features that will make your shoes stand out. This will anybody that sees your shoes anywhere to instantly identify it as produced from your company.

    5. FOOD AND RESTAURANT
    Food is an inevitable need of man.

    While starting a restaurant is exciting, it’s also time consuming and one of the toughest businesses to successfully launch. In fact, 60 percent of restaurants fail in the first year.

    Restaurant can only rely on word of mouth to bring in so many customers, so you’ll need a marketing plan in place to keep new people streaming through your doors.
    Food Business
    Raw material for food is readily available and you sell as you buy..

     

    Originally @ Nairaland

    Otunba Jide omiyale

    Otunba Jide omiyale

    Chief Editor at Naija Biz Ideas
    I am Otunba Jide Omiyale. I run this site with other professionals,including Accountants, Lawyers, Commercial Bankers and Investment Bankers
    Otunba Jide omiyale

    Latest posts by Otunba Jide omiyale (see all)

0 comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Top