In this article, we will discuss the greatest small business ideas for youths in Nigeria. Some of them can be launched with a small amount of money. I have created a wide range of options that you can follow, and make money both online and offline. What’s the best part? Some of these business ideas can be run from the comfort of your own home!
Nigeria has one of the most dynamic economies in Africa. However, the country is troubled with many challenges, one of which is massive unemployment. As a result, a large number of people have resorted to self-employment in the shape of various business endeavors.
Practical Business Ideas You Can Try in Nigeria
1. Start a Car Wash Business
People will always need a Car Wash, owing to the bad roads in Nigeria and how messy cars can be when people drive on such roads, and anyone, regardless of your age, can start one.
You can even take it a step higher by building a sitting area with a TV where your customers can sit while their cars are being washed.
If you have the space, you can add the sale of drinks, shawarma, spaghetti, and other items to the sitting area to make it a multi-income stream business. If your target customers are married, that’s an extra for you. They might bring their partners or kids along, increasing your sales.
You need three things to start with. The location for your car wash business, a reliable source of water, and the washing machine and little tools you will use.
If you don’t have the funds to rent a space, you can start by operating a mobile car wash. Because a mobile auto car wash eliminates the requirement for a real business location, start-up costs are significantly reduced. As a mobile detailer, you’ll work in customer parking lots, driveways, and garages, offering you an advantage in terms of marketing visibility.
2. Start a Poultry Farming Business
Poultry farming is an example of a business that could also grow in any area, including Nigeria. It involves the raising of poultry animals for consumption, such as chickens, turkeys, ducks, and geese. You can either sell them as meat or use their eggs to feed your family.
Poultry farming is one of Nigeria’s most successful enterprises and depending on how effectively you run it and thrive, you may be able to attract investors. Many Nigerian youths are missing out on this opportunity!
Poultry farming is becoming a mainstream business in Nigeria because
- It provides people with both food (eggs, meat) and employment opportunities
- Poultry animals grow quickly
- It is profitable.
You must understand the principles of starting and running a successful poultry farming business, whether you are producing chicken meat, eggs, or a combination of the two. Many people who rush to start profiting from chicken farming after hearing about it later regret their decision.
Poultry farming is a sensitive business in which only those who follow the rules prosper.
Breeding day old chicks, for example, is not something you can take lightly, should the entire flock perish before you wake up.
Here are some helpful resources to help you:
- 20 Rules for Starting your own Poultry Farm
- How to Start a Profitable Poultry Farming Business in Nigeria
3. Start a Dry Cleaning Business
The dry cleaning industry in Nigeria has grown to be one of the most profitable and fast-growing companies in the country that many Youths can dive into without having to break the bank.
A typical working-class Nigerian works from early morning to late at night. Even on Saturdays and Sundays, some Nigerians work. As a result, they’d almost certainly need to be dry-cleaned.
There are generally always concerns to attend to or wrestle with, even on free days. It’s challenging to find enough time to do laundry because of the tight timetable. As a result, the laundry service comes in handy. Everyone wants to appear well-dressed, clean, ironed, and gleaming. Everyone wants to be looked up to. As a result, starting with well-ironed and washed garments is an excellent place to start.
You can’t run a dry cleaning company without the proper equipment. Make sure you get the equipment you need to get your business and customer base up and running.
You will require the following items:
- washing machine – which is not compulsory. You can handwash till you can afford a good machine.
- Washing basins in a variety of shapes and sizes. (At least three bays are required to avoid washing several items at the same time.)
- Set of generators (only important if you don’t have constant power where you are situated)
- Suits and trousers hangers of various types
- Buckets for Washing
- Different types of laundry detergents to use on different types of garments
- Industrial size pressing board (You can even improvise with a table – wooden or iron)
- Buying cloth starch in bulk is a great way to save money.
- A garment line that allows washed clothing to be hung up.
- Shelves made of wood
- Nylons that are strong and transparent are often used to wrap the clothing.
4. Cassava Farming Business
Garri and fufu are two of Nigeria’s most popular foods. They’re from cassava, which makes Cassava farming a wonderful opportunity. Because of the stress and nature of the business, many people do not enter cassava farming. You will, however, make a good profit if you trust your instincts about you and do this business.
We once had a cassava farm at home. And we were not doing it for commercial purposes, my mum just wanted to try it out since she always had a flair for ‘home-made’ stuff. We were able to harvest them, make it ferment and make fufu and garri.
5. Liquid Soap Business
Knowing how to make nice liquid soaps would only need some basic training. Even among regular folk, liquid soaps are in high demand. To make your product stand out, all you need is a brilliant branding and packaging idea.
Nowadays, you’ll find at least a bottle of liquid soap in almost every building you visit. This is due to the fact that liquid soap can be used for a variety of purposes. From hand washing to dishwashing, laundry, and even bathing. As a result, starting a liquid soap business in Nigeria is a profitable investment.
You Might want to read: How to start your Liquid Soap business in Nigeria.
6. Making and Selling Ice-Block
Ice block production comes to mind while thinking of small business ideas in Nigeria. Nigeria has a tropical climate, which means it gets a lot of sunlight and heat.
Unfortunately, the electricity supply is insufficient, making it difficult for households to keep a sufficient amount of cold water in their refrigerators. This is why ice block making is such a lucrative business in Nigeria.
Ice blocks are required to keep water and drinks cool. Households in your neighborhood, retail establishments, restaurants, and bars that need to keep their drinks ice-cold at all times make up your market.
The advantage of this business is that you may get started with very little money. You’ll also need a medium-sized generator and a deep freezer.
This business is booming as a result of the hot weather in Nigeria, which forces people to look for cool water and beverages. Due to the country’s unstable power supply, this business is selling like hotcakes. If you take the plunge, you will undoubtedly reap the benefits.
7. Fashion Design Business
In today’s Nigeria, fashion is a multibillion-naira industry. Clothing is one of the few things that people cannot live without. As a result, the fashion business is unlikely to go away very soon.
Apart from eating well, people require fashionable clothing. This is what distinguishes a “fashion designer” from a “Mummy twins tailor.” The pun was intended.
Learning to sew patterns will put you up for tremendous success in the fashion industry. This is one talent that will convince your customers to pay whatever you want since they trust you.
But, of course, not everyone is born with the ability to create patterns. You must learn it, just like any other high-valued ability, in order to master it. If you would want to learn fashion design, I recommend that you learn it well, so that you can help us reduce scenarios of ‘What I paid for vs What I get’ on Twitter. Thanks lol.
If you’re a great fashion designer with a good business plan, your work will speak for itself when it comes to getting clients.
8. Affiliate Marketing
Affiliate marketing is a great way to make money online. Sadly, many people do not understand what Affiliate Marketing really is and I made an article to explain what it’s about here: How to Start a Profitable Affiliate Marketing Business in 2022.
Affiliate Marketing is a fantastic online money-making opportunity that anyone may start with little or no money. Affiliate marketing should be on your list of alternatives if you’re looking for ways to generate money online in Nigeria.
Who is an Affiliate Marketer? An affiliate marketer is someone who earns a commission by assisting firms or individuals in selling their products.
Products might be digital or physical, and you can sell them both online. You can join as many affiliate programs as you want, and use your affiliate links to advertise products on social media or through specialized websites. Many Nigerians have become millionaires as a result of affiliate programs.
9. Start a Youtube Channel
Creating a YouTube channel is a wonderful method to make money while you sleep. You should definitely start a YouTube channel if you are a good content creator who can keep people engaged. You’d have to pick a niche to focus on and figure out what your target audience searches for on YouTube on a regular basis.
YouTube is now the second most visited website and second-largest search engine after Google, with over one billion hours watched every day.
When it comes to learning how to build a YouTube channel for beginners, one of the most common concerns is the camera setup. Some YouTubers may be concerned about appearing amateurish with poor equipment, while others may simply be pleased about a new toy.
Getting the best camera, in any case, should not be a top priority. For the time being, your smartphone should do. Instead of buying a new camera right away, consider investing in accessories that will make shooting with your phone easier, such as a tripod or a stand.
10. Become a Tech Bro/ Tech Sis – Software Development
For IT experts, these are exciting times, as demand for their services is at an all-time high. Developing software and apps is a fantastic business prospect. You can design apps and software for clients on a variety of platforms, including Windows, Android, and iOS, if you have the right skills.
11. Setting up your gym center
In today’s world, most people do not take their health for granted. As a result, if you can turn health and fitness into a business, you can profit. Particularly in small towns, there aren’t many well-equipped gyms.
If you can get some money together, you can build a state-of-the-art gym and turn your business into a success story in no time. You will, however, have or employ someone with the necessary training capabilities.
Everyone is attempting to enhance their health in the year 2022. Apart from assisting people in losing weight, gymming may be incredibly therapeutic, as virtually everyone enjoys working out.
These are wonderful business ideas that you can get into easily. Actually, online skills like email marketing, affiliate marketing, content marketing, website design, Product Design, SEO, blockchain technology, and many more are all in great demand right now, and this is unlikely to change very soon.
In Nigeria, the success of your business is primarily determined by how well you get along with your customers. You should think about things like your location and the need for such a service. Most crucial, do something that is not taxing on your time and provides a fair return on investment.