Finding a decent, profitable business in Nigeria may seem difficult, but with little strategy and preparation, you may start a successful company to boost your income or work for yourself full-time.
Perhaps you already have a plan for the business you want to launch. Although you can be enthusiastic about your concept and feel prepared for a new endeavor, you might also be looking for some guidance.
Starting any business can be quite tedious and risky especially if you’re new to it. This article will shed some light on starting a new business and list out 10 profitable businesses you can start in Nigeria.

**How to start a lucrative business**
These options for lucrative businesses in Nigeria include a range of fields and demand various time commitments and initial expenditures. However, you must launch your business before you can start making any money.
To get you started, consider the following three steps:
1. Do your research
Make sure to research any idea before committing to it, whether you decide to use one of the suggestions here or develop your own. To test your business idea and evaluate whether you want to proceed with your business plan, you should do idea validation, a process that combines market and competition research as well as a financial feasibility analysis.
2. Get organized and make it official
You are prepared to write a complete business plan once you have selected a potent business concept. Your business plan will describe the objectives of your organization and how you intend to achieve them. It will also serve as a guide for you (and possible investors) to follow for the ensuing three to five years.
After drafting your business plan, you can follow the appropriate actions to incorporate your small firm. You’ll pick a legal structure for your company, apply for an employment identification number, register your “Doing Business As” name (if required), and obtain all the business permits and registrations required before you can start operating.
3. Find the right financing
Some conventional business loans might be challenging for startups to qualify for since they frequently need several years of business history. Instead, startup business entrepreneurs might think about methods for startup funding such microloans, grants, crowdfunding, or asking friends and family for money.

Here is a list of the top 10 lucrative businesses in Nigeria to get you started.


https://cyber.ng/top-10-lucrative-businesses-in-nigeria/