I have made this article simple to answer the question what business can i start with 20000 Naira / 20k.
Do you have capital a worth 20,000 Naira and your planning to start a Business in Nigeria? Today I’ll be going through 5 Business you can start with 20,000 Naira only.
If you’re like me that like testing out businesses before starting then this article will greatly guide and inspire you.
Business You Can Start With 20,000 Naira
- Bulk SMS Business
- Okrika Business
- Blogging Business
- Dropshipping Business
- Phone Accessories Business
- Selling Fairly Used Books
- Fruit Juice Business
1. Bulk SMS Business
Bulk SMS business is a business that doesn’t require much effort or capital to start, in a day you could be earning anywhere from N2000 – N4000 when starting.
This business is so easy to start that even with 20000 Naira you can get a lot of customers and gain income.
There are many Bulk Sms website but I recommend BULKSMSNIGERIA because they are the best in terms of Bulk SMS Service.
Simply visit their site and register, use your 10000 Naira to fund your SMS account and that’s all.
After you fund your account, all you need to do now is let churches around you know about your services. Reduce the rates for them and you’ll earn money for life.
You can expand this business with time but with N10000 you can start and be successful.
2. Okrika Business
Yes, with 20000 Naira only you can start selling Okrika in Nigeria. This is guaranteed one of the most profitable businesses you can start in Nigeria.
With as little as 20000 Naira you can buy 1 Bale worth of Okrika from a trusted supplier.
If you would like to start this business then Whatsapp me on 08102525510, I can connect you with some major suppliers in the game.
3. Blogging Business
Blogging business is very lucrative, but is just that it is not a get rich quick business.
With that your 20000 Naira you can create a professional website and if you are not tetchy i can help you create a well designed website and optimize it for search engine then i will reveal to you 20 different ways to monetize it.
What to do? kindly contact me now for this offer!
4. Dropshipping Business
This is another business model where by you sell what you don’t have in your store online. Though it requires some knowledge.
For more info on how to start a successful drop shipping business in Nigeria, you can read this our previous article.
5. Phone Accessories Business
This business involves selling common mobile phone accessories like earphones, chargers, headsets, USB connectors, etc.
it is very cheap when you buy in bulk, 10000 Nairacan get your more than 70 – 80 units.
Once you receive the Imported phone accessories, you can either sell to your friends or find shops you can supply to.
You can also target university students that may require Phone accessories.
6. Selling Fairly Used Books
Selling fairly used books is very profitable if you find the right audience, visit some shops in your local market and you’ll find out that nobody buys their books.
This makes them cheaper to buy and resell.
To start this business, you simply need to find a used books store near you then purchase in bulk (with N10000) popular books you think will sell.
This business depends on knowing enough book readers that may be interested, it’s not for everyone.
7. Fruit Juice Business
If your more of a kitchen type then with as low as 20000 Naira you can start a fruit juice business, its easy to make and the profit is high (N10000 worth of juice when sold could return up to 30,000 Naira if you market it right).
One thing I would suggest when starting this business is thinking about Branding and Packaging as its what will make your sales more easier and trusted.
These are the Top 5 ideas I could think of If you have more or you found this article useful then kindly drop a comment below.
Thanks for reading.
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