Stats: 3,190,708 members, 7,941,701 topics. Date: Friday, 06 September 2024 at 11:45 AM |
Nairaland Forum / Nairaland / General / Business / Small Scale Manufacturing Business Ideas To Start From Home (16199 Views)
10 Hot Profitable Business Ideas You Can Start From Home With ₦20,000 / Profitable Businesses You Can Start From Your Room / Business Ideas To Start With 50k (2) (3) (4)
Small Scale Manufacturing Business Ideas To Start From Home by olanikconsult: 7:06pm On Dec 15, 2014 |
Small Scale Manufacturing Business Ideas to Start From Home Are you living in Nigeria or an investor looking for small scale manufacturing business ideas to start from home with low investment? If yes, then I congratulate you because I have good news for you. Here I will be showing you the top 10 small scale manufacturing business ideas to start from home. Starting a small scale manufacturing business is very lucrative and profitable, if what you are producing is in high demand. Therefore don’t just choose any of them and start producing without conducting a simple feasibility study. Therefore, without wasting your precious time, below are the top 10 small scale manufacturing business ideas you can start at your home. Top 10 Small Scale Manufacturing Business Ideas and Investment Opportunities to Start From Home 1. Soap and Detergent Production The supplying of soap is highly competitive, because it is used to clean so many things like; bathing, cleaning of car, clothes, etc. For you to standout among others, you must apply the right formular. You can never have shortage in this business, if your product is unique and quality. One of the lovely things about this business is that it is viable worldwide and you can start it at a very low capital. If you have a little capital for business, why can’t you consider soap and detergent manufacturing? You can start as low as #30,000 – #60,000 2. Handbag Design and Manufacturing Business Handbag design and manufacturing business ideas is lucrative worldwide. I want you to know that ladies cannot go out without handbag and this made the business a lucrative and profitable business idea. Design and manufacturing handbag is a small scale manufacturing business you can start at home with very low investment. The start up cost is between #50,000 – #70,000. Just make sure you get the quality material for your production. You can sell your product to consumer directly or in large quantity to the wholesalers. 3. Production and Packaging of Garri Garri is a popular West African countries food made from cassava tubers, known as “eba” in Yoruba land, Nigeria. Garri is rich in carbohydrate and fibres. The demand for garri is very high which bring opportunities for those that are willing to go into the production of garri. Although, the production of garri has a lot of processing, but if you have passion for it, while not start it. You can start a small local production with about #70,000 – #100,000. 4. Yoghurt Production This is another profitable business idea which you can set up with very low investment. The fact remain that there is high consumption of yoghurt in Nigeria. You can start this business at home and get up to 60% of returns on your investment. If you are interested in starting yoghurt manufacturing business, you must locate marketers for your product first before you start producing. 5. Food and Beverages Production Food and beverage production is a very lucrative manufacturing business you can do. The demand for food and drinks is always high in any city because of the instant refreshment. Food and beverage production is one of the most difficult manufacturing products, because it demand high intensive environment for workplace. Starting production of food and beverage depend on what foods and drinks that are moving fast in your locality. CLICK HERE TO READ MORE ... http://hotbusinesslink.com/small-scale-manufacturing-business-ideas-to-start-from-home/ |
Re: Small Scale Manufacturing Business Ideas To Start From Home by ultrazone(m): 3:08am On Feb 13, 2015 |
nnn |
Re: Small Scale Manufacturing Business Ideas To Start From Home by Raisd4: 12:17pm On Jan 27, 2017 |
Manufacturing plays a strong role in our lives. Whether it is the plates we eat in, cars we drive on roads, computers we use for big calculations, cell phones we use to call others, bags to carry our grocery, gas cylinders we use to cook our meals, chairs we sit on, notebooks we write on, pens we write with, cups we use to drinks coffee and tea etc all of these things come to us from manufacturers. Now you can imagine the importance of manufacturing activity in our lives. A strong manufacturing sector enables a country to turn its locally produced raw materials into finished goods that in turn are exported to other countries and therefore helps it to depend less on foreign imports that cost millions of dollar to flow out of the country. It creates and provides more sustainable jobs to the local population and therefore improves their living standards. Moreover, its local currency gains more value as a result of export than other countries. Besides it, as long as a manufacturing sector remains flexible in a country, all other dependent sectors remain strong and vibrant too. Why Manufacturing Business: A manufacturing business can change your life for better. It is because instead of producing a service that could vanish away any time, a manufacturing business produces a product that lasts for longer times. We all know if there are no manufacturing companies, then we will not have the above mentioned facilities that make our lives comfortable and enjoyable. No matter what, we can’t avoid such things. That is why the demand for manufacturing companies will always exist in our societies. Things to Bear in Mind: As an aspirant, you should bear certain things in minds before deciding whether to start a manufacturing business or not. Compared to a service business, a manufacturing business is capital intensive, labor intensive as well as time intensive. But it’s for sure that a manufacturing business brings long term benefits that you can not always expect from a service business. Nevertheless, here are 60 best small scale manufacturing business ideas that cost little to start: 1. ALUMINIUM WINDOWS Today people round the world prefer aluminium windows and doors over timber ones. After all, who has the time to wait for months taken by timber windows and doors. Well that is not the case with aluminum based windows. Besides taking less time to finish up, the good insulation and being light weighted also drive more people to install windows and doors made of aluminum in their homes. So, if you are acquainted with fabrication skills, then starting an aluminium windows and doors fabrication business is one of the matching choices you should consider in your community these days. 2. STEEL FENCING PRODUCTS The home safety is one of the big concerns to the modern people. To achieve so, majority of people prefer to cover their windows and doors with steel based grills. Therefore another lucrative manufacturing opportunity for those who are planning to start a small manufacturing business. Besides manufacturing steel grills, you can also focus on railings people use to fence their home boundaries, balconies and also staircases. 3. CUSTOM FURNISHINGS Every one who owns a house knows the defined space of furniture in their homes. As populations tend to increase, the need for more homes to live in and more office spaces continues to rise with time that in turn drives the demand for more furniture. So, if you have acquired the custom furniture making skills, then consider it in your locality today. Moreover, this business demands little startup investment to get started. 4. PAPER CUP MANUFACTURING As the use of plastic based products have been banned off, the demand for paper cups continues to increase in our societies. Be it a vocational trip, travel, hotels, parties, events, restaurants, tea stalls etc paper cups have gained a defined space on such places. So, if you posses good management skills and have minimum of $15000 investment in hand, then consider starting a paper cup making business at your local place. 5. PAPER BAG MANUFACTURING As said above, due to the ban on using plastic products, the demand for paper based bags to collect grocery from retail stores or used for any other purpose also continues to increase in our societies. With such demand, you might also give thoughts to starting a paper bag making business in your communities. 6. Paper Plate Manufacturing Well, besides paper bags and paper cups, the demand for paper plates in marriages, parties, events, restaurants also continues to gain ground with time. With this in mind, you can think about a paper plate making business that costs very little to start. 7. Truss Roofing Manufacturing With continuous increase in homes, buildings, schools etc the demand truss roofing also continues to increase with them. Therefore if you have the skills of making such roofing structures, then consider starting a truss making business in your locality. 8. Timber Truss Manufacturing Despite the fact that people prefer using metal based trusses today, yet there are large sections of communities that still use timber based trusses to roof out their houses. So, if your region has still such preference, then consider starting a timber truss manufacturing business there. 9. Toilet Paper Manufacturing Toilet papers have become a necessity these days as modern people no longer continue to use those old rags. Therefore with their increasing preference in our communities, you could also think about starting a toilet paper making business at your location. 10. Newsprint Paper Making Despite electronic papers continue to surpass printed ones with each day, yet there are still large number of people who prefer to read print based newspapers. So, if you have some decent amount in hand, then you might consider starting a newsprint paper manufacturing business and supply such materials to the local based print media companies. 11. Plastic Chair Making Since chairs that are made of plastic are light weighted and are affordable for every one in our societies, most people prefer them over the costly and bulky ones. So, with such high demand almost everywhere, you might consider starting a plastic chair manufacturing business in your locality. 12. Wooden Chair Making Despite the introduction of plastic chairs, the fantasy of wooden chairs has not still gone away out of many homes. So, if you have great skills of making chairs from timber, then consider to shape up a wood chair manufacturing business at your place. 13. Plastic Bags Making Well, despite plastic bags being banned off in many countries, yet there are many places where plastic bags are still in use. So, if you live in such areas where you see high demand for plastic bags, then you could think of starting a plastic bags making business there. 14. Potato Based Bioplastic Since use of polythene has been banned by governments, the need for eco-friendly alternative solutions continues to catch the interests of people and one such alternative that is increasing in demand day by day is potato based bio plastic bags. So, if you are an ec0-minded person who is looking for best small manufacturing business opportunities in today’s market, then consider to start a bioplastic plant in your locality. 15. Jute Bags Manufacturing Due to the fact that most countries have banned the production and use of plastic bags, the demand for jute based bags as an alternative also continues to increase there. This business could prove rewarding especially in a country like India where jute is produced in high quantities. Being 100% biodegradable and recyclable, Indian entrepreneurs have great advantage in launching a jute bags manufacturing business. 16. Notebooks Manufacturing With rapid growth registered by the educational sector and other training institutions, etc the demand for notebooks continues to grow with each passing day. Therefore, another best small manufacturing business opportunity for budding entrepreneurs in the manufacturing industry. 17. Books Publishing Business There are number of authors whose books people love to read at regular times. Since most often this bunch of intellects are prone to publishing problems, you could help them take their voice to the target publish by starting a books publishing business in your community. 18. Paper Envelope Making Despite internet’s entry, there are still high number of people who still have a strong belief on using paper envelopes to send gifts to the loved ones, documents to the institutions etc. So, if you access to some decent amount, you could consider starting a paper envelope making business. 19. Headband Making Whether it is to hold hair or to show off style to others, the people especially the young ones would never loose the capacity of love for headbands in our communities. Therefore with some investment, you might consider a headband making business in your community. 20. Electric Fittings Business If you have an adequate investment available, then you might also think about starting an electric fittings manufacturing business in your area. Products that are in demand in this line include sockets, switches, electrical cables, bulbs etc. 21. Plastic Bottle Manufacturing There are large number of drinking water plants and commercial units that are engaged in production of mineral water bottles. Since they often are prone to supply shortage of plastic bottles, therefore you could reduce their pain by starting your own plastic bottles manufacturing business. 22. Nails Manufacturing What other than a nail can join parts of timber together to form roofing structures, furniture, windows etc. As long as people continue to use timber for these purposes, the demand for nail will accompany them. Hence, another lucrative small manufacturing business you might like to start in your community today. 23. Nuts and Bolts Business Whether it is the steel structures, construction, bridges, aircraft, vehicles etc the demand for nuts and bolts will always exist in them. With continues increase in such facilities, the need for bolts and nuts will even be high in future. So as an entrepreneur you might also give thoughts to starting a nuts and bolts manufacturing business at your place. 24. Tire Retreading Business Another great business opportunity that has a great prospect for growth almost everywhere. Since retreaded tires cost very less than new tires, there are many vehicle owners who prefer them over new ones. Therefore another lucrative manufacturing business for those who look for small capital based manufacturing business. 25. Manufacture Hand Tools Those aspirants who are technically inclined can consider starting a hand tools manufacturing business. Hand tools that you can make are scissors, punchers, chisels, hammer, tin cutters, pliers, screw – drivers etc and then sell them to respective users in your community. 26. Tire Manufacturing As long as we have cars. buses, trucks etc on roads, the demand for tires will exist always, after all without tires how would vehicles run. Despite the fact that vehicles already come fitted with tires, yet automotive makers would not guarantee their life time survival. Though capital intensive, yet a great manufacturing business opportunity with prospect for high profits. 27. School Bags Manufacturing Since having a bag to carry books is a must for school going kids, the need for bags will always be there. Therefore those looking for small investment based manufacturing can also consider starting a school bags manufacturing business to target bags to the kids market in their communities. 28. Ladies Handbag Business You as well as we know the fact that a handbag is an unavailable part of a women style. No women feels comfortable when moving out of their homes without handbags. With already a huge women market, starting a ladies handbag manufacturing business could also prove profitable in your area. 29. Tools and Camera Bags Besides the school and handbags, starting a tools and a camera bags manufacturing business is another incredible opportunity in the manufacturing industry today. 30. Ceramic Tiles Making With ceramic tiles gaining more popularity due to the fact that they durable, have ample amount of resistance etc you might also begin to think about starting a ceramic tiles manufacturing business. Their supply shortage even today is of big advantage to you. 31. Raincoats Manufacturing Since raincoats prove much easy to handle during rainy seasons, most people love to wear them during those times. Hence, if you have some money in hand, you can consider starting a raincoats making business in your locality. 32. Umbrella Manufacturing Not only umbrellas have high demand during raining times, they also tend to be useful during hot temperatures. So with small investment you might also consider tapping an umbrella manufacturing business at your location. 33. Stationary Manufacturing Since without pens, rulers, erasers etc we can’t write, draw diagrams and correct mistakes, the need for these things among school going children will always remain as long as kids are asked to use them in schools. Therefore as an aspiring entrepreneurs you may also give thoughts to a stationary manufacturing business in your locality. 34. Cement Production As long as new buildings and houses are continuously shaped in our societies, the need for cement will always be high. So, starting a cement production business is another great manufacturing business you may like to venture in today. 35. Cement Blocks Making Over the years cement blocks have gained much preference over traditional bricks and it is even predicted their demand will tend to grow even bigger in the future. So you may also decide upon a cement blocks manufacturing business in your locality. 36. Manufacture Frames Since we humans are prone to struggling and hassled thoughts whether we are far away from our families or we loose beloved ones, pictures frames provide us the comfort while looking on their pictures. With such huge need in communities, you may consider starting a picture frames manufacturing business there. 37. Mattress & Pillow Making Even though you might have to stiffer competition in this business, yet you can run a successful mattress and pillow manufacturing business if you can make the quality mattress and pillows. 38. Diaper Making Business Diapers have become a necessity today, after all they are easy to handle and in fact provide more safety to the infants. Therefore you as an entrepreneurs may also look to start a diaper making business at your local area. 39. Baby Wipes Manufacturing Besides a diaper making business, you could also think of starting a baby wipes manufacturing business if you have access to the adequate capital investment. 40. Cloth Buttons Making A button is an integral component of almost every cloth we put on our shoulders. Without them, our clothes are incomplete. So another great small manufacturing business that might catch your interest. 41. Manufacture Ropes Whether it is to climb sky touching rocks or it is to pull a vehicle out of danger zone, ropes have a defined role in our societies. So, some one who has an adequate investment available might consider starting a ropes manufacturing business. 42. Agar-Batti Making Agarbatti also called as incense sticks have a high potential in a country like India where it is an unavoidable part of their prayers. It costs very little amount to start. 43. Lunch Box Making Whether it is the kids that go to school, professionals who go to offices, labor who go for work etc the demand for lunch boxes will always exist, after all nobody likes to stay hungry all over the day. So, an entrepreneur if you see potential of it in your area, then you should consider starting your own lunch box manufacturing business. 44. Manufacture Cooking Stoves There are still large number of people especially the poor ones who are dependent on stoves to cook their meal. So if your region has a great demand for them then think about starting a cooking stoves manufacturing business there. 45. Energy Efficient Stoves People these days are looking for best alternatives to the firewood. Since an energy efficient stove has a favorable impact on environment, their demand in communities is growing day by day and therefore a lucrative opportunity to tap in there. 46. Manufacture Cardboard Since cardboard boxes are still highly used in our societies, starting a cardboard making business is yet another small manufacturing business that is worth to consider today. 47. Fertilizer Production Without fertilizers, farmers can’t expect their crops to yield high volumes. As long as we have them engaged in field, the demand for fertilizers will always exist on its place. 48. Manufacture Marbles The growing demand for marbles lies in the facts that it is a unique stone, beautiful in appearance, durable in essence and most importantly provides the cool feel to the people. Well keeping its ever increasing demand in mind, you might consider starting a marble manufacturing business in your locality. 49. Manufacture Leather Belts As people are becoming more quality conscious day by day, the demand for leather belts continues to rise in our societies. Therefore, starting a leather belts manufacturing business is yet another great business that could prove more profitable at your place. 50. Manufacture Eyeglasses Eyeglasses are no more looked as a fashionable thing. In fact it has become a necessity for today’s people as they are less likely to get dust and grim into their eyes. So, with their increasing preference in mind you might also consider an eyeglasses manufacturing business in your local place. 51. Cheesecake Making Cheesecake is better recognized as a food that is high in calcium and because of it, cheesecakes are widely growing in demand. Therefore, if you have baking skills, then one of the choices you can consider is to open your own cheesecake factory. Useful references https://smallbiztrends.com/2017/02/manufacturing-business-ideas.html https://www.profitableventure.com/manufacturing-business-ideas/ https://www.startupdailytips.com/small-manufacturing-business-ideas/ |
Re: Small Scale Manufacturing Business Ideas To Start From Home by MakJohn7: 5:24am On Aug 05, 2020 |
Thanks for sharing knowledgable information |
Re: Small Scale Manufacturing Business Ideas To Start From Home by Naijabash(m): 11:33pm On Sep 21, 2023 |
Also, If you’re looking to start your own profitable business in Nigeria, then you should consider starting any of these Top 50 Most Lucrative Production Businesses In Nigeria >> https://businesskeypoints.com/2023/09/05/top-50-most-lucrative-production-businesses-in-nigeria/
|
(1) (Reply)
“how Banks Make Free Money From Govt. Funds” –CBN Governor / Naira May Rise Further Against Dollar As CBN Pumps Additional $195m / Uk Pool Week 20 Live Draws Available
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 60 |