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Profitable Side Hustle To Start With 20K In Nigeria - Business - Nairaland

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Profitable Side Hustle To Start With 20K In Nigeria by Mynaijakings(m): 2:34am On Dec 29, 2023
Profitable Side hustle To Start With 20K In Nigeria

Starting a small business can be an exciting and rewarding venture. Nigeria, with its vibrant economy, presents numerous opportunities for budding entrepreneurs. However, many people believe that starting a business requires a substantial amount of capital. The good news is that you can kickstart your entrepreneurial journey with as little as ₦20,000. In this article, we will explore ten small business ideas that you can start with a modest investment, providing you with a solid foundation for success.

1. Mobile Food Vendor
Mobile Food Vendor
Setting up a Food Cart

Setting up a mobile food cart can be an excellent option for those with limited capital. You can offer popular snacks such as chin chin, puff puff, or roasted plantain to office workers and passersby. Additionally, you can provide lunch options for busy individuals who don't have time to cook or eat out.

"Running a mobile food cart allows you to cater to the growing demand for convenient and affordable meals." - John, successful mobile food vendor.

2. Retailing Second-hand Clothes
Retailing Second-hand Clothes
Thrift Store Concept

With ₦20,000, you can start a second-hand clothing business. Sourcing gently used clothing at affordable prices and reselling them at a profit can be a lucrative venture. Operating a thrift store allows you to provide affordable fashion options while reducing waste and promoting sustainability.

Find suppliers who offer bulk discounts on used clothing
Create an inviting store ambiance to attract customers
3. Homemade Snacks Production
Homemade Snacks Production
Baked Goods and Snacks

If you have a flair for baking, starting your own homemade snacks business can be a great option. With ₦20,000, you can buy baking ingredients and packaging materials to get started. By offering delicious homemade snacks like cakes, cookies, and small chops, you can cater to birthdays, weddings, and other events.

"Creating unique and tasty snacks enables you to stand out in a competitive market." - Chioma, owner of a homemade snacks business.

4. Graphic Design Services

Click here to read more: https://marketinghub.com.ng/profitable-side-hustle-to-start-with-20k/

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