If you have been looking for the right opportunities to invest your money into, but want a guaranteed success? Well, this article is specifically for you and other people who are looking for the 10 best small scale businesses to start in Nigeria 2021.
There are so many Nigerian entrepreneurs who want to start a business in their own country and search for the most successful small scale in Nigeria but all it requires is to put some effort into searching and dig deeper to find the best niche that will satisfy you.
Here are 10 best small scale businesses to start in Nigeria 2021 that you can start with small capital and make a profit.
10 best small scale businesses to start in Nigeria 2021
1. Livestock farming business
2. Exportation of Agricultural products
3. Local Mining
4. Local private refinery business
6. Freelance writer
7. Call center agent
9. Daycare center
10. Recruitment agent
Livestock farming business
In Nigeria, one of the fastest growing business opportunities is livestock farming business. This is one of the businesses that you can be started even in backyard so long as you know how to operate the equipment and take care of your livestock. Some of the niche areas in livestock farming includes the following; catfish farming, poultry farming, cattle grazing, goat rearing, snail farming and ets.
Exportation of agricultural products
There are various natural resources and quality food in Nigeria that you can start exportation in if you register with the Export Promotion Council of Nigeria. The best exporting products in Nigeria includes cassava flakes, cocoa, yam flour, groundnut, chili pepper, etc.
Also, you can stay at the local level and sell your products on the territory of Nigeria and earn a good profit.
Some of the minerals that Nigeria is rich in are coal, iron ore, limestone, bitumen, and others. Local mining is fastly growing in Nigeria and government also supports the mining industry so, if you have a good and trustworthy team, as well as the financial capabilities.
Private refinery business
In Nigeria, the oil and gas sector is becoming very popular these days. Most of the successful business people in Nigeria are involved in this sector and are making huge money off it.
You could start a filling station or kerosene depot or a cooking gas retailing company. You can start small and with time, develop your business in the oil and gas sector.
If you love sewing clothes and you would not mind doing it for a living, then you should probably choose the tailoring business. There are plenty of schools in every state in Nigeria and they all need uniforms for their students. Also there are so many corporate organizations whose employees wear uniforms. You can approach them for contracts on sewing uniforms for their organizations and make good money from this business.
For a start, you may not even need the starting capital to begin your journey except the skill and desire.
One of the benefits of this job is that, you will not have to go to the office or perform some hard work because it can be done at home by using your laptop and a cup of coffee.
As your business grows, you can hire other writers and start your little company. High quality contents is in very high demand and it is usually difficult to find the writers who will sacrifice themselves for this job.
Call center agency
Call center business is very popular as there are many people who need guidance, advice or want to complain about their nrtworl services. You can also work for large companies according to contracts.
This small scale business does not require substantial start-up capital unless you want to hire more workers, which can be done later when you grow a little.
Unemployment in Nigeria is alarming and there are many people in desperate search for jobs. You can become a recruitment agent by connecting people to the jobs of their dreams. To do this, you need to cooperate with different companies and recruit people for them.
In Nigeria, this business is one of the fastest growing especially, that of clothing because we wear them every day and are always in need of new ones. You can go into clothes importation, especially when they are trending and not expensive.
Importing of clothing can be done from countries like China, India, France, Italy, and many others.
Every family need to work hard to earn enough income to cover their expenses, so not every parent can afford to spend time with their child. If you love children and are sure that you can care for them, then consider setting up a daycare center.
To be successful in this business, the environment has to be suitable for children so that parents would trust you with their kids, you also have to be creative in your approach to the youngsters and create a good atmosphere for them.
One good thing about this small scale business is that it is possible to start it from home, as long as you think that your home would be a good starting place for the daycare center.