Skip to main content

10 BUSINESSES TO START WITH LOW CAPITAL & MAKE HUGE PROFIT




Employment in Nigeria is not easily accessible and this has been the reason many graduates are still struggling to  make money. 
In this article, we will be highlighting 10 businesses you can start doing in Plateau state and any part of the country which can help boost your finance as you earn;

1. CLOTHES AND SHOES

Selling of clothings can earn one a lot of money as fashion has become the enthusiasm for everyone these days especially on the Plateau.
Clothes & shoes with good quality can generate profit as any price could be trusted by customers.

This business can be started with little capital like 10-15 thousand Naira only and have a double advantage of being sold either by hawking or in stalls.

2. GRAINS AND FOODSTUFF

Grains like Rice, Guinea Corn, Millet, Maize groundnut e.t.c  and foodstuffs such as crayfish and red oil can be purchased at a maximum quantity and can be sold with good profit if distributed to retail shops and homes.

One can start this business with even amounts as low as N20,000 and it's believable to grow as time and business goes on.

3. HIDES/SKIN

Selling of animal skin has been toyed with as only few people engage in it. But it would interest you to know that animal hides/skin are patronized well and are used for both consumption (ponmo) and production (bags, shoes, leather, wallet e.t.c)  purposes.

As an amateur, you can start by booking for hides at different beef markets/abbatoirs until it accumulates to the desired quantity which you can then sell to end users at good rates.

4. DISCARDED IRONS & METALS

This business locally known in Nigeria as "Babanbola" has not received even an average attention from young entrepreneurs as they believe it has to be started with a higher capital.

With N20,000 or less, one can buy quite a good kilogram of metals and sell to higher buyers at higher price to earn good profit. Gathering it can be done by a home to home search or paying workers equal to gather the metals for you.

5. SEEDLINGS

The fifth on our list is taking us into agriculture as the word "seedling" has to mean a young plant especially one grown in a nursery for transplanting.

This lucrative business has a way it works which might be quiet different from others. One have to buy or make the beds, buy the seeds (either tomatoes or bells), supply them with water till they reach at least 78cm and at most 86cm before selling to customers. 

In case you are wondering why would farmers prefer seedlings over seed planting, below two things you need to know:
I. Transplanted seedlings can save like 6 weeks of growing time.
II. It's easier and less time consuming than growing from seed.

Irrigation season is at the corner and many customers are there to patronize your seedlings especially in plateau state.

6. GAS REFILL

Since it was revealed that fuel smoke has negative effect to human health, many people diverted to using gas cookers. This was the discovery that also intrigued President Muhammadu Buhari to share 1,000 gas cylinders through the minister of women affairs, Pauline Talen to all 36 states.

Gas can be purchased at good price and can yield good profit even more than PMS and diesel as a Kg of gas now cost 600-700 Naira in some parts of plateau state.
All you need is the cylinder and refilling equipments to start up and earn.

7. BOOKS & NEWSPAPERS.

There are a lot of happenings in plateau state and Nigeria at large; this can be an avenue for newspapers to sell well and with little capital, one can start up.

Selling newspapers alongside books will make more market as both are patronized by readers. 
With N20,000 or less, one can just require a good location and make orders for a start

8. IRRIGATION.
Our eighth business in this article still takes us back to agriculture. 

As a young entrepreneur, irrigation or dry season farming in plateau state is a very good way of making income even without much capital.  All you need is your piece of land, seeds or seedlings, buckets and other farm tools to start up. This will see you earning much after selling the farm proceeds.

9. PHONES & ACCESSORIES.

GSM/phone sales a business that have come to stay irrespective of ones location.
Accessories are mostly patronized by young people. As a young Entrepreneur, Just observed what kind of accessory is trending (Bluetooth ear pods, SD cards, Chargers, headsets & lots more) and then you buy and sell.

Nowadays, many people buy small phones whether or not they have smart phones. This can be a good way of earning if one can purchase 10 phones at #5,000 and sell for a start before progressing.
Selling these phones can be done even at a stationary location or by hawking. 

10. CHARGING OF PHONES/ELECTRONIC GADGETS.

Since electricity is not very stable in most areas of Plateau State, one can make money through charging of phones and other electronic gadgets like rechargeable lights, MP3 player, laptop computers et.c.

Requirements for this business is a kiosk, extension boxes, generator and chargers. Then as the income increases, one can build a store.

Jos360plustvNG

Comments

Most Read

Drama in Kwalla as Motorcycle is stolen in Police Station. See details 👉👉

A motorcycle was snapped up by an unknown  person(s) in the office of the Nigeria Police Force, Kwalla . The motorcycle, a Jincheng model belonging to one Naanman of Tugunwan Street in Kwalla town of Quaan-Pan LGA was stolen sometimes in November 2021 when the owner went to the police station to report an incident. The Nigeria Police Force Outpost in Kwalla in conjunction with the Quaan-Pan Divisional Headquarters Baap instantly mount strategies to recover the stolen bike and reports have just reached us that the motorbike have been caught today, 5/1/2022 around 12:05pm. The culprit have just been arrested along with the bike and detained in Kwalla police station with his identity yet to be revealed for the sake of security investigation as he denied not stealing the bike but claimed he purchased it from a third party is said to hail from Kwa town of the same LGA. More details.......

2023: Catholics Berate Lalong Over Attempt To Drag Pope Into Politics

August 11, 2022  Concerned Catholics in Nigeria have called for the suspension of Plateau State Governor Simon Bako Lalong for dragging the name of Pope into local politics that has nothing to do with the Church. According to the group, Lalong should be punished for bringing the name of Pope and the Catholic Church to disrepute while giving his reasons for accepting to serve as Director General of the APC Presidential Campaign Council. Speaking as a press conference in Abuja addressed by National Convener/President, Dr Ben Amodu, said the concerned Catholics in Nigeria are alarmed that Lalong would elect to throw caution into the wind by dragging the revered Catholic Church into local politics in Nigeria for whatever it is worth. “The reference to the Pope in his statement for accepting to serve as the Director General of the APC Presidential Campaign Council was made in poor taste and a puerile attempt to drag the Catholic Church into a matter that has no bearing with the