What Business Can I Do With 150k?

Which business is most profitable in future?

Here Are The 7 Most Profitable Small Businesses In 2019:Mobile Businesses.

Business-To-Business (B2B) Services.

“Sharing” Businesses.

Child-Oriented Businesses.

Real Estate Services.

Virtual Reality (VR) Businesses.

Personal Services..

Which business can I start with 150k?

Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.Open a Restaurant.Start a Fumigation Business.Laundry and dry cleaning services.Starting your own home services.Importation of wears.Livestock farming.Car wash center.Corporate cleaning services.More items…

What business can someone 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…•

How do recharge card companies make money?

Recharge Card Dealers Dealers make the highest profit when it comes to recharge card business because they deal directly with the telecommunication companies. They get recharge card pins from telecommunication companies, print in bulk and sell to the sub-dealers.

How do I start a recharge card business?

STEPS TO STARTING THE BUSINESS.Get your computer connected to the Internet or simply use a cyber café.Register with a company (I will give you this later).Download their software and install it on your computer.Order for recharge PINs through their website and pay the required amount into their bank account.More items…•

What business can make me a millionaire in 1 year?

10 Businesses You Should Invest in to Become a MillionaireStart an Insurance Company. … Build a Highly Profitable Affiliate Website. … Start a Custom Academic Assignment Service. … Start a Business Consultancy Brand. … Develop a Digital Product. … Develop an Eco-Friendly Business. … Start a High-Rate Legal Service. … Launch Your Own Digital Marketing Agency.More items…•

What kind of businesses make the most money?

Bookkeeping and Accounting With a net profit margin of 19.8%, bookkeeping, accounting, tax preparation, and payroll services have long been some of the most profitable businesses for entrepreneurs.

What business can one do with 500k in Nigeria?

That being said you can pick from these top 12 lucrative business ideas you can start in Nigeria with 500k or less than 1 million naira.Printing and Publishing.The Building Block Business.Renting Service for Building Materials.Computer Service Center.Farming.Food Processing.Sports Betting.Exportation.More items…•

What is the most profitable business in Nigeria?

Cattle farming Beef meat is very popular in Nigeria. Cow milk is almost as treasured as oil in Nigeria. These factors make cattle farming one of the most lucrative businesses in Nigeria. Read more here: How to start cattle farming business in Nigeria.

What’s 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…

What business has the highest profit margin?

The 10 Industries with the Highest Profit Margin in the USAgricultural Insurance. 66.7%Commercial Leasing in the US. 50.3%Industrial Banks in the US. … Stock & Commodity Exchanges in the US. … Land Leasing in the US. … Operating Systems & Productivity Software Publishing in the US. … Private Equity, Hedge Funds & Investment Vehicles in the US. … Cigarette & Tobacco Manufacturing in the US.More items…

What type of business should I start?

Need a Business Idea? Here Are 55.ACCOUNTANT. Experience, training or licensing may be needed. … BICYCLE REPAIR. In many parts of the country, this business tends to be seasonal, but you can find ways around that. … BOAT CLEANING. … BUSINESS PLAN SERVICE. … RIDE-SHARING DRIVER. … CLEANING SERVICE. … CHILDREN’S PARTY PLANNER. … CONSULTANT.More items…

What can you do with 100k?

Best Investments for Your $100,000Index Funds, Mutual Funds and ETFs. If you’re looking to invest, there are a lot of options. … Trading Individual Stocks. When many people think of investing, they imagine picking that one stock that’s going to take off as the next Apple or Amazon. … Real Estate. … Safer Savings Options.

What business can be started with 50000?

50 businesses to start with Rs 50,000FOOD RELATED BUSINESSESBusinessSuccess FactorsCatering servicesGood volumes, decent margins and high potential demand; allows time for other activitiesDecorator servicesTraditional requirements. Most products have to be given for hire; innovative designs add value12 more rows•Jun 14, 2000

What is the best low cost business to start?

If you want to start a low-cost business, these 25 ideas will help inspire your entrepreneurial passion.Content creation. … Personal or virtual assistant. … Event planning services. … Errand/concierge service. … Professional reviewer. … Social media consultant. … Etsy shop. … Online courses and tutoring.More items…•

How much can I make from recharge card printing business?

Wholesalers make average of N5 per N100 cards and sell high quantity of cards daily. As a result, they make more profit base on much sells. Average profit they make per day is between N5,000 to N15,000. Reasonable start up capital for wholesale is from N100,000.

What business can I start with 150k in Nigeria?

Find below 30 businesses you can do in Nigeria with 100,000 naira or less.Hair dressing/ Barbing Salon.Plantain chips production and sales.Restaurant services.Tailoring/ fashion designing.Catering services.Poultry farming.Cat fish farming.Cassava Farming.More items…•

What business can someone do with 100k?

100 Business Ideas To Start With 100k Or LessOrganic Drink Production And Sales. … Phone Charging Business. … Production Of Organic Skincare Products. … Production And Sales Of Bedsheet And Pillowcase. … Laundry/Dry Cleaning Services. … E-payments/POS Business (Agent Banking) … Grilling Business. … Barbing Saloon.More items…

Is selling recharge card profitable?

Profit In Recharge Card Business However, if you start the wholesale with N150,000 and sell to retailers, you are sure to sell N100,000 worth of cards everyday as long as you have good customer base. … Therefore, N100,000 cards will earn you N5x1000 = N5,000 per day which is a good gain!

Which business can someone start with 50000?

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 are the 4 types of business?

There are 4 main types of business organization: sole proprietorship, partnership, corporation, and Limited Liability Company, or LLC. Below, we give an explanation of each of these and how they are used in the scope of business law.