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Nairaland Forum / Nairaland / General / Business / I Have N500,000 Cash, What Profitable Business Can I Start? (59857 Views)
Dangote Gives N500,000,000 To Kano Market Fire Disaster Victims (Photo) / I Have 500k Cash. What Business Should I Invest In? / N3million Naira, What Business Profitable Business Can It Float? (2) (3) (4)
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Re: I Have N500,000 Cash, What Profitable Business Can I Start? by HRich(m): 1:29pm On Jul 14, 2016 |
Scream:I knw that guy very well. That's what he's good at doing. |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by Jeffy1206(m): 1:30pm On Jul 14, 2016 |
Proffdada:he will become a village master |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by yerakola(m): 1:30pm On Jul 14, 2016 |
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Re: I Have N500,000 Cash, What Profitable Business Can I Start? by 1231awa(m): 1:31pm On Jul 14, 2016 |
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Re: I Have N500,000 Cash, What Profitable Business Can I Start? by levite247: 1:32pm On Jul 14, 2016 |
Start a provision shop or a laundry shop Kenville: |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by ak47yong(m): 1:33pm On Jul 14, 2016 |
dreylistick:Finally I was like where are the MMM guys 5 Likes |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by snowbaby(f): 1:33pm On Jul 14, 2016 |
Over time I have seen That the reason small businesses failed is because of going to business as a get rich quick scheme Firstly whatever business you decide to do eventually, ensure you learn the vocational/technical aspect, then further go for entrepreneur training i.e ( book keeping, creative thinking, writing a business plan, business ethics, decision making, value chain e.t.c) this exposes your mind and let you understand the reality of what you want to get into. Secondly, having a business plan is very important, this enables you to know your target market and the means of reaching out to them among other things. Thirdly, know that the journey wont be easy and you might feel like giving up, don't worry it ll eventually gets better, also make sure the business you want to engage in is meeting a need, or check the business valuechain and see how you can add value to it, Gods best Check out the list below from business supported by BOI 1. Adire (Tie and Dye)/Aso Oke 2. Animal Feeds 3. Aquaculture 4. Bakery 5. Blocks and Interlocking Stones 6. Bottled Water 7. Ceramics & Tiles 8. Chemicals and Paints 9. Cosmetics/Hair Products 10. Dairy 11. Digital Printing/Multimedia Publishing 12. Doors and Window Frames 13. E-Commerce/Information & Communications Technology (ICT) 14. Fashion/Garmenting 15. Fish Smoking/Drying 16. Food Processing (comprising processing of agricultural products) 17. Foundries/Metal Fabrication/3-D Printing 18. Fruit Juice 19. Furniture/Wood Processing 20. Gemstones 21. Greenhouses 22. Laundry and Dry Cleaning 23. Leather/Footwear 24. Liquefied Petroleum Gas/Compressed Natural Gas 25. Meat Processing 26. Mechatronics 27. Health Care (Medical Diagnostics) 28. Laboratory/Orthodontist/Ophthalmology/Physiotherapy) 29. Movie Production (Nollywood) 30. Plastics 31. Quick Service Restaurants 32. Quarries 33. Recycling 34. Roofing Sheets 35. Soaps and Detergents 36. Solar (off grid) 37. Technical/Vocational Schools (Offering City & Guild Certificate) 38. Theme Parks 39. Water Transportation Riverine 40. Light Manufacturing (Paper, Roofing Sheets, lube blending, Paints etc) 41. Grocery packaging When you decide on the business you want to do pm me so i can help you write your business plan. Its free ooo Excuse my errors, thanks. 12 Likes 2 Shares |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by Bobbybenard(m): 1:34pm On Jul 14, 2016 |
charlesditro:Bro, are you into buying and selling of dollars? ? 1 Like 1 Share |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by ak47yong(m): 1:35pm On Jul 14, 2016 |
dreylistick:Finally I was like where are they |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by Puresolutions: 1:35pm On Jul 14, 2016 |
Ymodulus: Thats the point tieing down money is better than loosing money.Tieing down money in buying prroperty is investmnt as property value goes up.Do you know how much people make from an hectare of farming anything ? You will be suprised if i gave u a load down on farming on an hectare be it okra ewedu green uwgu plantain banana its serious money |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by Nobody: 1:38pm On Jul 14, 2016 |
rawpadgin:Gbam over and out. U nailed it 1 Like |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by santiagoduniya: 1:38pm On Jul 14, 2016 |
Call or WhatsApp me on 08188280099 and I will tell you what to do and in the next 30 days you will make 150k on pure profit, and in 3 months from now you must have doubled that money. Remember it is guaranteed and fail prove. |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by Nobody: 1:40pm On Jul 14, 2016 |
PUSIDRILA:LOLZ |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by Maski87: 1:41pm On Jul 14, 2016 |
Is that your share from kidnapping |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by manuelrukky(m): 1:42pm On Jul 14, 2016 |
let's talk business on catalyticcyril@yahoo.com or send an SMS on 08111440836 and I'll give u a profitable clue on what you should do considering the prevailing economic climate of Nigeria presently |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by holysina(m): 1:45pm On Jul 14, 2016 |
I will say start a glass business, you can meet a supplier in lagos or anambra, you deposit 500k they supply you glasses worth of 1m or more then you retail to the guys doing glass Windows and doors, each sheet of glass you buy for 14k you make up to 10k from it, and if you get noticed you might be selling up to 15 to 20 sheets a day, as your business grows you can start importing yours from Malaysia and China or better still go into furniture and make cool cash. My brother started with just 200k six years ago and you can't believe were he is now. Wish you lock bro 9 Likes |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by Nturguy1122: 1:47pm On Jul 14, 2016 |
In continuance to what the brilliant minds has said i would say you should consider how close you are to your suppliers in any kind of business you decide to enter and then know who your targer market is and how you can attract them..do your swot analysis and use the product life cycle to decide what point you are and then only then can you implement the right strategies.. |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by favronke: 1:47pm On Jul 14, 2016 |
Yes u can start a gud business. U can join organo gold. Dat is d business am in to and it is very lucrative. Incase u want 2 no more about. Here is my pin 2AE34F48 |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by marcmao(m): 1:49pm On Jul 14, 2016 |
invest that money on MMM NIGERIA and receive 30% of the money in less than a month bro.... call 08115599079 for more info about MMM NIGERIA |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by jidefrimi(m): 1:49pm On Jul 14, 2016 |
start sport betting...i can help u with 2 odds daily provided u will stake above 100k.. |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by foody(f): 1:50pm On Jul 14, 2016 |
I am at Ife Osun- State, for the past two months I have been online looking for financier for a lucrative job that will make me an employer of labour. Right counselling is from God alone, but I can share my with you. Send a message via jesuto07@gmail.com. mean while keep praying for divine guidance and leading from God for he created you and He is only one that knows your end from the beginning and what is best for you. |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by VajanahDischaj(f): 1:50pm On Jul 14, 2016 |
open Bet shop and that money will be like a mere change. |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by VajanahDischaj(f): 1:54pm On Jul 14, 2016 |
PUSIDRILA:LOL!!!you be Benue or Calabar boy? |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by SaAbbas(m): 1:58pm On Jul 14, 2016 |
Kenville: U can import rice from Daura boarder at the rate of 8000 include transportation and sel at upto 10,000. With 500k u can start with 50bags atleast 2 to 3 times in a month This will translate to almost 300k in a month 2 Likes 2 Shares |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by Ups01(m): 1:59pm On Jul 14, 2016 |
Kenville: Since you said you lack experience of some sort, I'll advice you lock up the money for some time, either in savings or better still mutual funds (check Nairaland thread on mutual funds for detailed info). do a proper research about a business that suits your personality. Take your money back and start your business. My simple advice tho'. Wish you good luck! 1 Like |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by foody(f): 2:01pm On Jul 14, 2016 |
[quote author=snowbaby post=47533372]Over time I have When you decide on the business you want to do pm me so i can help you write your business plan. Its free ooo I need you to help me with my business plan. jesuto07@gmail.com |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by Freiburger(m): 2:01pm On Jul 14, 2016 |
PUSIDRILA:Hope your daughter and sister will be among the 3 babes 1 Like |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by Bobbybenard(m): 2:02pm On Jul 14, 2016 |
jidefrimi:sure 2 odds daily,for real?? |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by alaskido(m): 2:03pm On Jul 14, 2016 |
For me, with N500K and in this Buhari regime with the dollar slapping the naira silly, I will suggest you relocate to your village where you have farm land free and start up an agro, fish, snail and poultry farm. Also ensure you have a steady market in town. The only problem I see here is patience. Do you have that patience? 2 Likes |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by Soyhe(f): 2:03pm On Jul 14, 2016 |
Were tutu gidi ni enitan16: |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by Nobody: 2:04pm On Jul 14, 2016 |
Go do mmm |
Re: I Have N500,000 Cash, What Profitable Business Can I Start? by omron(m): 2:05pm On Jul 14, 2016 |
bros i will advise u get a land at least two or three acres of land and invest in agriculture farming I mean u can grow crops and I will give you link to export them and make big money if u stay in IB lemme know u can can an acres of land at 65k per acres u can contact me 1 Like |
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