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What Business Can One Start Up With N700,000 In Nigeria - Jobs/Vacancies - Nairaland

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What Profitable Business Can Someone Start With 100k? / What Business Can I Start With 100k Very Urgent !!! / Which Business Can I Start With N20,000? (2) (3) (4)

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What Business Can One Start Up With N700,000 In Nigeria by Paulson2020(m): 4:20am On Jul 11, 2021
Good day buddies, please help a brother with an advice., What lucrative business can one start with 700,000k mid twenties and not yet married, was advised on opening a betting shop and how lucrative is the business currently pls help a brother... Any suggestions or ideas are highly welcome.. thanks.

12 Likes 3 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by ford101: 5:19am On Jul 11, 2021
Ok

1 Like

Re: What Business Can One Start Up With N700,000 In Nigeria by Babaken(m): 6:20am On Jul 11, 2021
when looking for business ideas when starting up a new business Take your time calculate the Risk, stress, loose and the profits to avoid loosing your money. Even though someone give you business idea study it very well before venturing into it.

154 Likes 9 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by stupidmod3: 6:33am On Jul 11, 2021
ashawo house.

40 Likes 2 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by AAAntz: 6:46am On Jul 11, 2021
pos


barbing saloon

19 Likes 1 Share

Re: What Business Can One Start Up With N700,000 In Nigeria by donlet(m): 7:21am On Jul 11, 2021
Guy keep your money first, then learn about what ever business that interest you. Learning is the first thing.

If you have already learnt you will not be holding the money and be looking for business to invest in.

So go and educate yourself first.

Know what interest you, know problems you will like to help people solve.

You will make more money in a business that solves a need of a group of people.

That said, if I'm to recommend any business to you right now,

It will be just 2 things

Ecommerce and crypto currency investment.

Learn more about starting a successful ecommerce business here

https://oladitidayo.com/how-to-start-an-e-commerce-business-from-scratch/

Learn more about crypto currency investment here

https://oladitidayo.com/what-is-the-best-cryptocurrency-to-invest-in-2021/

50 Likes

Re: What Business Can One Start Up With N700,000 In Nigeria by vickertony(m): 8:09am On Jul 11, 2021
To be sincere, no business.
Nigeria business environment is not friendly undecided

98 Likes 6 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by Seniorwriter(m): 8:26am On Jul 11, 2021
Babaken:
Sometimes I don't understand why some people use the word very urgent when looking for business ideas when starting up a new business Take your time calculate the Risk, stress, loose and the profits to avoid loosing your money. Even though someone give you business idea study it very well before venturing into it if you are scared so that you won't spend the money how sure you won't spend the profit and capital when you finally start.

Very funny request to say the least....most times I start to reason that this request(s) that flood NL pages for business ideas are posted by kids.
SMH.
@OP if you have the said amount then go and consult a financial expert in your state or visit the Ministry of commerce & industry in your state for guide....nonsense urgent business request.
Asour:


Is there any such thing as a Financial expert?
When dealing with humans I am weary about granting expertise easily. Especially concerning finances. Professionals maybe but not "expert".

True experts (if they exist) would not be cheap for a
regular investor to access.
Getting an expert to offer professional consultant services sometimes come even for free depends on what you are requesting for.
I have a Doctor that usually do free medical checkups for me....and also advises me for free though he is one of the best Anesthesia Doctor we have presently based here in Nigeria.
So it's your approach that will eventually determine what you'll get from an expert.

@Seniorwriter

20 Likes 9 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by Adetola198: 8:27am On Jul 11, 2021
Invest in Agriculture and Real estate, which are actual businesses
35% in a 12 months
20% in 8 months
41% in 14 months
48% in 16 months
You get a post dated cheque and legal deed of agreement upon investment
For more enquires, reach me on WhatsApp 08093822285


Paulson2020:
Good day buddies, please help a brother with an advice., What lucrative business can one start with 700,000k mid twenties and not yet married, was advised on opening a betting shop and how lucrative is the business currently pls help a brother... Any suggestions or ideas are highly welcome.. thanks.

2 Likes 1 Share

Re: What Business Can One Start Up With N700,000 In Nigeria by Hypemanshuga: 8:37am On Jul 11, 2021
Paulson2020:
Good day buddies, please help a brother with an advice., What lucrative business can one start with 700,000k mid twenties and not yet married, was advised on opening a betting shop and how lucrative is the business currently pls help a brother... Any suggestions or ideas are highly welcome.. thanks.
Delve into real estate

3 Likes

Re: What Business Can One Start Up With N700,000 In Nigeria by Masturbator2020: 8:41am On Jul 11, 2021
Babaken:
Sometimes I don't understand why some people use the word very urgent when looking for business ideas when starting up a new business Take your time calculate the Risk, stress, loose and the profits to avoid loosing your money. Even though someone give you business idea study it very well before venturing into it if you are scared so that you won't spend the money how sure you won't spend the profit and capital when you finally start.
What if he finish spending the money?

9 Likes 2 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by Vireani79: 9:07am On Jul 11, 2021
U can trade gold with it

2 Likes 2 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by DaInferno(m): 9:10am On Jul 11, 2021
Following; I really wish some people will keep quiet if they had no contribution.so quick to dish out insults

116 Likes 6 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by BeardedMeat(m): 9:45am On Jul 11, 2021
700k is no money but it's still money.

First off, don't ever rent a shop for whatever you decide to do because you can't sustain it with that amount.

If you can't sell, I can't advise you.

You can start making and selling good quality bedcovers. Nothing too fancy, but good quality. Go from place to place networking to let people know you.

Most people have very old bedcovers but no time to go to the market for replacement until they chance upon it.

47 Likes 3 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by TradeNAIRA: 9:54am On Jul 11, 2021
Freelancing is a great way to make money and work from home.

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3 Likes 1 Share

Re: What Business Can One Start Up With N700,000 In Nigeria by seanwilliam(m): 10:22am On Jul 11, 2021
Assuming you have skills like tailoring or barber , I for tell you to open shop for correct location and furnish it ..

But see ehn , the economy no Dey friendly with business these days .. so my brotherly advice to u is
Use like 600k to buy land in a developing area ( depending on the state you Dey ) then use 100k to hold body while u continue to Dey make research on business u have in mind or invest the money on the thing wey give you that 700k …






Edit: reading through the comments , it’s pretty obvious that most people don’t know what to do with money .. lol

40 Likes 1 Share

Re: What Business Can One Start Up With N700,000 In Nigeria by OGWILLS123: 10:37am On Jul 11, 2021
Paulson2020:
Good day buddies, please help a brother with an advice., What lucrative business can one start with 700,000k mid twenties and not yet married, was advised on opening a betting shop and how lucrative is the business currently pls help a brother... Any suggestions or ideas are highly welcome.. thanks.

Real estate.

What ever business you want to do, make sure
It can generate passive income with time.

6 Likes 2 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by Babaken(m): 10:39am On Jul 11, 2021
Masturbator2020:

What if he finish spending the money?
If he need the answer that fast Google is there he don't need to wait for someone to suggest for him or better still he should check other similar topics create on nairaland.
Re: What Business Can One Start Up With N700,000 In Nigeria by OGWILLS123: 10:42am On Jul 11, 2021
Adetola198:
Invest in Agriculture and Real estate, which are actual businesses
35% in a 12 months
20% in 8 months
41% in 14 months
48% in 16 months
You get a post dated cheque and legal deed of agreement upon investment
For more enquires, reach me on WhatsApp 08093822285



OP DON'T !

56 Likes 3 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by BeardedMeat(m): 10:43am On Jul 11, 2021
OGWILLS123:


Are you dumb stupid or dump uh !.
None of the above. It might look big to you until you hit the streets.

20 Likes 1 Share

Re: What Business Can One Start Up With N700,000 In Nigeria by OGWILLS123: 10:46am On Jul 11, 2021
seanwilliam:
Assuming you have skills like tailoring or barber , I for tell you to open shop for correct location and furnish it ..

But see ehn , the economy no Dey friendly with business these days .. so my brotherly advice to u is
Use like 600k to buy land in a developing area ( depending on the state you Dey ) then use 100k to hold body while u continue to Dey make research on business u have in mind or invest the money on the thing wey give you that 700k …

Not a good idea.
Slow track, use money velocity.

13 Likes

Re: What Business Can One Start Up With N700,000 In Nigeria by OGWILLS123: 10:49am On Jul 11, 2021
BeardedMeat:
None of the above. It might look big to you until you hit the streets.

Am already in the street.
All I needed was to think smart.

YOU DON'T NEED MONEY TO MAKE MONEY !.
Though is not easy.

5 Likes

Re: What Business Can One Start Up With N700,000 In Nigeria by BeardedMeat(m): 11:01am On Jul 11, 2021
OGWILLS123:


Am already in the street.
All I needed was to think smart.

YOU DON'T NEED MONEY TO MAKE MONEY !.
Though is not easy.

Motivational speaker!

How I started my restaurant business with just 2 seeds of cooked groundnut grin

93 Likes 8 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by OGWILLS123: 11:16am On Jul 11, 2021
BeardedMeat:
Motivational speaker!

How I started my restaurant business with just 2 seeds of cooked groundnut grin

Lol grin

Local man can not comprehend, your context
Is too small son.

8 Likes 2 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by BeardedMeat(m): 11:34am On Jul 11, 2021
OGWILLS123:


Lol grin

Local man can not comprehend, your context
Is too small son.
My context is that you are acting as if you are not in this country with the attendant hardship everywhere. Everyone is affected.

You advised him to go into real estate without enumerating the pros and cons of it.
You make it sound like brown sugar.

34 Likes 2 Shares

Re: What Business Can One Start Up With N700,000 In Nigeria by TemmyDayo50(m): 11:37am On Jul 11, 2021
I'll still give you the same advise I gave this dude asking the biz he can run with 100k... For your info, both 100k and 700k is quite close to nothing here in this present Nigeria.. Hard Truth...

My simple advise... Purchase a genuine cheap land and be sure it's a genuine one....forget the land for a long time while working on other things that can give you money...

My advise though...

18 Likes 1 Share

Re: What Business Can One Start Up With N700,000 In Nigeria by thatsleepboy1: 11:38am On Jul 11, 2021
Cement business
Ogogoro business
Food
Betting shop
Beer parlour
Internet business

My 1cent

19 Likes

Re: What Business Can One Start Up With N700,000 In Nigeria by Draslo(m): 11:38am On Jul 11, 2021
Buy two bikes and start a delivery service

19 Likes

Re: What Business Can One Start Up With N700,000 In Nigeria by paulolee(m): 11:38am On Jul 11, 2021
Dt money is too small for a start in our inflated economy...dis my advise
Wont ask u to take more risk, just stake all on Italy double chance bcoz I straight win may be more difficult for u even if italy would win dis nite..
D outcome is 1m n its a good way start..
Don already help u with d booking....dnt thank me, life is all about risk my gee..

18 Likes

Re: What Business Can One Start Up With N700,000 In Nigeria by Itohanmiwa: 11:38am On Jul 11, 2021
OP Register with winners golden chance, open a lotto shop get some pos terminals and give them to people to play at a good location while you relax and enjoy the benefits of people hustling for you. That can also give you time to venture into other hobbies you can use to make cash.

11 Likes

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