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Nairaland Forum / Nairaland / General / Business / What Business Can I Start With N40m? (1056 Views)
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What Business Can I Start With N40m? by lanruma001: 4:55pm On Nov 09, 2011 |
Any suggestions please? |
Re: What Business Can I Start With N40m? by rightlagos: 5:51pm On Nov 09, 2011 |
I have 2 suggestions: 1 Construction/Real Estate. I'm not sure if u need only suggestion or some1 2 partner with. We have a construction company based in Lekki with potential investment in construction projects that can rake in hundreds of thousands of naira a day. If you will love to partner with us, no problem. If u don't wish 2 partner with us, that is just a suggestion 4rm me. U can mail me on rightacademy@yahoo.com 2 give u details 2 Exporting of agricultural products. There are buyers waiting for us 2 export agricultural products. U can venture into it. |
Re: What Business Can I Start With N40m? by lanruma001: 5:59pm On Nov 09, 2011 |
Thanks for d reply. Can you give me d low down? ROI study and all? |
Re: What Business Can I Start With N40m? by dealerman(m): 8:23pm On Nov 09, 2011 |
The hospitality Industry is a booming sector of the economy i assure you ROI is 100% in less than one year, is situated in a strategic point. I have a consulting firm that provides expatriates from different multinationals accommodation in hotels and guest houses. I know how much they spend a week on accommodation. |
Re: What Business Can I Start With N40m? by lanruma001: 8:26pm On Nov 09, 2011 |
True but I think it requires a lot thou; what u think? |
Re: What Business Can I Start With N40m? by ephilipand: 12:23am On Nov 10, 2011 |
- manufacturing baking flour. - glass production. - petrol station. - night club / bar. - mining. - palm oil production. I have business plans and feasibility study ready. Interested email me via ephilipand@gmail.com |
Re: What Business Can I Start With N40m? by niapay(m): 1:45pm On Nov 10, 2011 |
why not consider manufacturing in naija with any of the line in the attached line [url]https://skydrive.live.com/?sc=documents&cid=c574f8660a097570#cid=C574F8660A097570&id=C574F8660A097570%21109&sc=documents[/url] [url]https://skydrive.live.com/?sc=documents&cid=c574f8660a097570#cid=C574F8660A097570&id=C574F8660A097570%21104&sc=documents[/url] |
Re: What Business Can I Start With N40m? by rightlagos: 9:39am On Nov 11, 2011 |
lanruma001: I will give you a simple breakdown. With 40 million naira, we can buy a pay loader worth 8 million naira, buy hectares of land worth 20 million naira, buy 2 trucks and other equipment. We own the land and the sand on it. We sell d sand on a daily basis. E.g, if we sell 100 trucks of sand at 15,000 naira per truck daily, we get 1.5 million naira a day. So, in less than 4 months, we get back d capital. We can also rent our pay loaders @ d cost of 50,000 naira daily. ROI tentatively is 100% in 3-4 months, at least. That's for construction. |
Re: What Business Can I Start With N40m? by nsi224: 9:48pm On Nov 11, 2011 |
Hello, With 40million, estate is the best investment , and also if truly you have such amount, you can buy land/build and sell in lekki axis that is what i do, i can give you more details, if interested email me nsi224@yahoo.com. |
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