It is common for people to ask me for business ideas to start with 100k or less because of what I do. Because of the frequency of this question, I figured that a thousand others with little savings or funding might also have the same challenge. As a result, I decided to put together 6 business ideas you can bring to life with just 100,000 Naira.
For this edition, I will be sharing business ideas that do not require tech skills to start. However, you can enable them with tech if you want to scale. If you are focused, diligent, hardworking, honest, consistent and infuse good customer service, in no time, you will turn your 100,000 Naira into millions.
Click the share button to share these business ideas with your friend and do well to add to the list of businesses in the comment session.
So here we go: 6 Businesses You Can Start With 100K Without Any Tech Skills
- 1. Organic Drink Production And Sales
People are becoming increasingly aware of the health implication of processed food and soda because of the high rise of stroke, diabetes, and high blood pressure. This has caused a constant drift from soft drinks to naturally made drinks and fruit juices without sugar and additives. So, anyone who goes into production and sales of naturally made drinks now is in to make lots of profit.
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Examples of naturally made drinks are smoothies, fura da nunu, tiger nut drinks, and freshly made fruit juice. To transform this business idea into a profitable venture, all you need is a blender, desired fruits and ingredients, plastic bottles, and a refrigerator.
- 2. Phone Charging Business
It is no longer news that having a stable and constant power supply is a challenge in Nigeria. Your target audience for this business is not people who have alternative power supply sources but those who don’t. So, this should be considered when deciding a location for your business.
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All you need for this business is a power source and a large wooden board with many switches to accommodate many phones. NYSC camp is an excellent location for this business idea, as Corpers have nowhere to charge their phones and would pay any amount to charge their phones. Rural areas are feasible locations for this business as well.
- 3. Production Of Organic Skincare Products
Recently, there has been this rave for organic skincare products. People want to go organic, as there has been more sensitization on the harmful effects of inorganic chemicals in skincare products. Starting a skincare business is very affordable, as all you need are your materials, containers, and knowledge.
Containers can be gotten from the Ojota market for Lagos and the Ariaria International market in Aba. You start making a profit from your first sales of handmade bathing soap, body cream, body scrub, etc., as organic skincare products are usually fast-moving consumer goods. Watch tutorials on how to make these products on YouTube.
- 4. Production And Sales Of Bedsheet And Pillowcase
Ideally, every home owns at least a bedsheet or two, while some families own more than five bedsheets, depending on the family’s size. So, there is no way one would go into this business without making waves.
What do you need to start? First, you need to buy quality materials in bulk, then give them to a good tailor who sews the fabrics into bedsheets and pillowcases. After that, you can sell away through social media or your business website.
- 5. Laundry/Dry Cleaning Services
The stress from the 9 to 5 job or the entrepreneur running around to ensure the business runs smoothly is enough to wear out the body. Weekends are for spending time with family and relaxing. Therefore, most people will not mind paying for this service. You have a customer in me and with some of my friends.
To start, reach out to families who need this service; you can serve as many families as possible. You can get paid between N3000 to N10,000 by each family, depending on how you package yourself. All you need to start a dry cleaning business is a small washing machine, an iron and a few other things. You can start small, then expand as the business grows.
- 6. E-payments/POS Business (Agent Banking)
Do you know that some people don’t like going to either an ATM or the bank? To them, it just feels like a big punishment. They prefer to walk into a nearby e-payment outlet for their banking transactions even though they are charged a transaction fee. You can become a banking agent and own an e-payment outlet. To become an agent, go to any bank of your choice and register to become one. After registration, you would be given a POS machine.
While some banks give their POS for free, some charge a small fee. To ensure that this piece is not too long and cater to those who prefer to learn by video, I shared the whole ten ideas in a video. I will leave the link to access it in the comments. I have decided to share business knowledge with you as much as my time will permit because I want us to take charge of our future. This is the time to take charge and be.
Remember, ideas are everywhere; the challenge always is execution. Are you willing to put in the work? If you are, there’s no limit to what you can do. I like us to start building businesses; grab the low hanging fruit now. Look around you; legit opportunities abound.