Hello esteemed Nairalanders,

My younger sister just completed her NYSC. She was able to save up to N200,000.00 during her service year. She has the intension to go into business, but not certain of the kind of business to go into. She consulted me as her elder bother and told me about her intension. She had only N200,000 which will not be enough. I was impressed by her conduct and idea. I decided to help her with N1,000,000.00 (1m) in addition to the N200,000.00 making it total of 1.2m naira currently in her possession.

However, she does not know the exact business to start with the N1.2m. Hence, I decide to seek business ideas and suggestions here on Nairaland to help my sister startup a lucrative business with that little capital.

What kind of business can she start with the N1.2m?

Thanks!

First and foremost, let me appreciate you for being a nice brother to your sister. As per the issue of a business idea, I suggest she open a standard boutique in a busy area in town

For this buhari regime you can still help with 1m. Na real man you be.

My advice is she should keep the money and learn saloon and beauty makeup handwork. In a year time she can establish with the money in a standard way that will be different from local ones since she have the capital

It all depends on her personality, ability, is she creative? What's her passion? ....nd all. Those goes a long way in deciding which

A

I think there are quite a number of business she can venture into with that amount of money. But some of my top choices are:

1. Bet9ja office in a busy area
2. Start a fish pond
3. Start a laundry service

The cost of setting up the above businesses are quite low, the risk is also low as well. Just tell her to make her research

If she resides in a populated city, let her venture into grains (beans, corn, Guinea-corn, maze etc.). 200k for shop rent
1.2million can raise her to the status of whole saler.

God bless you very kindly.

Following

Japa enterprises

Dash me the money i ll double it

none

Food

Either foodstuff or canteen.
She can get beans cheaper in the North (no need to travel all the time) and get herself deep freezer to add soft drink et al

Cryptocurrency

Help her run USA or France for more study

and she will be working from there also


Leave this bastard politcian

I think she should search inwards to know her area of strength and interest. People hardly excel when passion is absent.

If she goes into business based on random suggestions, what happens when the business is being challenged, & she's told to quit?

Connect with me and I will change her life forever!

We can only give suggestions ..... She'll make the final decision....

Who ask for all this explanation self..
. mtchewwwww

You gave her 1m and you don't have any idea to give her

Restaurant

She should learn a skill first

Just be buying dollars and reselling.

If you can go into agricultural product.



That's what i do too, I buy bags of beans and cassava in the north when it come out cheaper and resell when the price increases.

Business is not really lucrative at the moment.You better keep your money

T

Crypto currency

I'll be back