KICK START TODAY: 20 BUSINESSES YOU CAN START WITH LESS THAN 50,000 NAIRA

In our previous edition, we encouraged you to start something new. Today, we are sharing 20 business ideas you can launch with less than 50,000 Naira. These businesses are low-cost, profitable, and well-suited to thrive even in tough economic times.

Every accomplishment begins with the decision to take that first step. While it may seem daunting to start a business, the right mindset and a manageable budget can make all the difference. With these business ideas, you can create a steady income stream, turn your passion into profit, and take control of your financial future. Here are 20 profitable businesses to consider:

1. Adire Business – Create and sell unique tie-dye fabrics with creative designs.
2. Aso Oke Business – Rent or sell Aso Oke fabrics for weddings and events.
3. Mobile Food Business – Sell snacks like puff-puff, chin-chin, or zobo in busy areas.
4. Liquid Soap and Detergent Production – Produce and sell household cleaning products.
5. Second-Hand Clothing (Okrika) – Buy small bales and resell trendy items.
6. Jewelry and Accessories – Buy trendy items in bulk and sell at affordable prices.
7. Plantain Chips Production – Produce and package crispy snacks for sale.
8. POS Agent Business – Offer cash withdrawal and deposit services.
9. Freelancing Services – Offer digital skills like writing, design, or social media management.
10. Mini Importation – Import affordable items like gadgets or accessories and resell.
11. Fruit Packaging Business – Package and sell fresh fruits to schools and offices.
12. Catering Services for Small Events – Provide meals or baked goods for small gatherings.
13. Event Decoration Accessories Rental – Rent out décor items for parties and events.
14. Gift Packaging Business – Create gift boxes, hampers, and party favors.
15. Baking and Pastries – Sell cakes, doughnuts, or cupcakes to offices and schools.
16. Perfume Oil Reselling – Repackage and sell perfume oils in small bottles.
17. Small-Scale Poultry Farming – Raise broilers or layers for meat and eggs.
18. Photography Services – Offer basic event or product photography services.
19. Social Media Management – Help businesses grow their online presence.
20. Small Gardening or Vegetable Sales – Grow and sell vegetables like tomatoes and spinach. 

YOUR TASK FOR THIS WEEK

Choose one business idea that aligns with your skills or interests and take the first step towards starting it. Whether it’s researching the market, sourcing materials, or setting up a small workspace, commit to doing it today.

Starting small is the first step to building something big. These businesses are not just opportunities for income but also stepping stones toward fulfilling your dreams. Don’t wait for the perfect moment—seize today and make it count.

For more insight or contributions, send an email to youngchildinitiative2024@gmail.com. We’d love to hear about your progress and support you on this journey!