Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,201,231 members, 7,977,643 topics. Date: Thursday, 17 October 2024 at 11:29 AM |
Nairaland Forum / Nairaland / General / Business / List Of 20 Most Lucrative Backyard Business Ideas (1156 Views)
Backyard Business That Can Give You #60,000 Every 45days / Dangote Refinery Named Among 20 Most Influential Projects / 20 Most Generous People In The World - BusinessInsider (2) (3) (4)
List Of 20 Most Lucrative Backyard Business Ideas by newoffer: 7:47am On Jul 24, 2018 |
#1. Apiary or Beekeeping Beekeeping is a traditional business. Also, it is a very lucrative low-cost backyard opportunity. The business demands small capital investment. Basically, you have to invest for preparing the house, procuring the bees and for maintenance. Additionally, you can establish a honey processing unit also. #2. Assembling Business Do you know a world renowned company Apple was started in a California garage by three young men? Yes, it’s true. You can start an assembling business with moderate capital investment. Additionally, product assembling is the perfect business to start from home. Read More… #3. Azolla production Azolla is an effective biofertilizer. Basically, it is a free-floating water fern. You can produce Azolla at home. However, you must have some waterbodies for this. First, you can offer the product to the local farmers. The startup cost is low. #4. Bakery A bakery can produce several items. The list includes bread, biscuits, donuts, cake, pastry, wafers etc. Basically, bakery caters a large share in the food processing industry. However, according to the demand and financial aspect, you will need to choose the specific products for your bakery business. Read More… #5. Decorative Candle Making If you love crafts and want to start a business in this industry then the decorative candle is just perfect for you. Generally, colorful, scented, spiral, birthday type, tapered, spiral, fluted, LED, pillar candles are the most popular in this segment. Read More… #6. Designer Bindi Making Designer bindis are gaining popularity day-by-day. Both the urban and rural women population use designer bindi. The bindi making process is simple. Additionally, it is a great business for the women also. The business demands comparatively low startup capital investment. Read More… #7. Designer Saree Making Sarees are the traditional attire. And the demand for decorative and designer sarees are increasing nowadays. Some of the most popular designer sarees are Baluchari, embroidery, Katha stitch, mirror work etc. The revenue potential is very high in saree making business. Read more… #8. Duckery Duckery or duck rearing for meat and egg is a profitable business. With comparatively fewer efforts and investment, you can start this business. Even you can open duckery without water. However, integrated duck farming with fishery is a highly profitable business. #9. Goat Farming Commercial goat farming is a very lucrative and profitable venture. Also, you can start the business with a comparatively small capital investment. Additionally, it is a great business to start from your backyard. Goats are multi-purpose animals. You can produce the products like milk, meat, fiber, manure and skin from the goats. Read More… #10. Handicrafts Making Handicrafts commonly refer to handmade crafts or artisanry. Generally, skilled people create different types of items with paper, wood, clay, shells, stones, metals etc. And as the name refers, handicrafts items are absolutely handmade items without the usage of any type of machine. Read More… #11. Layer Poultry Farming Layer poultry farming is a profitable business to start with a small investment from the backyard. However, the business demands specific skill and knowledge about farming practice. Additionally, you have to invest in building infrastructure, buying chicks and maintenance. #12. Mud Crab Farming Crab meat is a delicious and tasty food. Additionally, it is a great source of food protein. The demand for crabmeat in increasing very fast. However, crab farming process is very simple. And you can really earn lucrative revenue from mud crab farming business. #13. Mushroom Farming Basically, two different types of mushrooms are very popular. These are button mushroom and oyster mushroom. Mushroom growing process is simple. And you can start the business as the part-time also. The business ensures good revenue return to the entrepreneurs. #14. Ornamental Fish Farming Ornamental fish farming is a multi-million dollar industry nowadays. However, you can start the business as the small scale from your backyard. Generally, aquarium owners are the major consumers of ornamental fishes. And aquarium is an interior decoration item for the both domestic and commercial places. #15. Pet Birds Farming Pet birds are popular worldwide. Birds are the adorable pet. Additionally, pet birds farming is an easy and profitable business. However, it is advisable to check your state law before commencing the business. #16. Plant Nursery If you love gardening then a home-based plant nursery business is a perfect opportunity for you. You can grow and sell the plants from your nursery for profits. Generally, flowering plants, herbs, cactus and ornamental plants have the major demands. #17. Quail Farming Quail birds are the great alternative option of meat. The meat is healthy and delicious. Additionally, quail birds farming demands a very small capital investment. Also, the rearing process is simple. The demand for quail meat is growing rapidly. #18. Rabbit Farming First of all, you can start cuniculture or rabbit farming both as the small and large scale basis. According to the available space and investment capacity, you can start the business for profit. Rabbits are the small sized animal. So, they require less space, feed, care, and management. #19. Snail Farming Snail meat is very tasty and healthy also. Additionally, it is a great source of protein. The snail meat increasingly becomes popular nowadays. With a small infrastructure cost, you can start this business. However, you must have some knowledge and skill for starting snail farming commercially. #20. Vermicompost Production Vermicompost is the most nutritious organic manure. Additionally, the production process is very simple. Also, some Govt. institutes provide training for vermicompost production. Commercial production is a lucrative business for the new entrepreneurs. 2 Likes 2 Shares |
Re: List Of 20 Most Lucrative Backyard Business Ideas by Nobody: 7:54am On Jul 24, 2018 |
Good, i wonder how our nowadays youth dont like to work anymore but looking for cheveron or dangote jobs. truly we are really lazy, since i strted my printing business(work shaa) they r respecting me from my street, family even my church cos they know those dangote, chevron and co strtd in local ways before they all gained ground. i pray God will grant us good things that follow life. 2 Likes 1 Share |
Re: List Of 20 Most Lucrative Backyard Business Ideas by tolugar: 8:04am On Jul 24, 2018 |
am interested in goat farming, anyone doing that here? 1 Like 2 Shares |
Re: List Of 20 Most Lucrative Backyard Business Ideas by newoffer: 1:05pm On Jul 24, 2018 |
tolugar:. I will look up for new techniques for you. inbox me |
Re: List Of 20 Most Lucrative Backyard Business Ideas by SaintHilary(m): 1:37pm On Jul 24, 2018 |
Sure 2odd Thank me later 1 Like |
(1) (Reply)
Gona Nigeria: Readdressing Bus Transport Payment System In Nigeria / Abayomi Ayodele 2053519256 UBA BANK / Best LG Tvs' To Consider Buying In 2020 - Tech Empire NG
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 20 |