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Is #20mil Enough To Start A Transportation Biz(advice Needed) - Investment - Nairaland

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Need Advice On Starting A Transportation Business / Invest In A Transportation Business / How Lucrative Is The Transportation Sector?? (2) (3) (4)

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Is #20mil Enough To Start A Transportation Biz(advice Needed) by Emmadoc: 8:32pm On Nov 05, 2020
I'm just being curious, is #20milion naira enough to start a transportation business in Nigeria?? Especially in places like Lagos, port-hartcourt, Abuja etc. And what are the requirements?

Just asking for my bro..
Re: Is #20mil Enough To Start A Transportation Biz(advice Needed) by RedPanthar: 8:41pm On Nov 05, 2020
Start small and get the answers yourself. Start with one bus and as you learn the ropes, increase

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Re: Is #20mil Enough To Start A Transportation Biz(advice Needed) by SavageResponse(m): 11:01pm On Nov 05, 2020
Emmadoc:
I'm just being curious, is #20milion naira enough to start a transportation business in Nigeria?? Especially in places like Lagos, port-hartcourt, Abuja etc. And what are the requirements?

Just asking for my bro..

A new transport business in Nigeria requires the owner to be available to supervise it 100% of the time

If you are unable to do this then it's better for you to just leave your money in the bank where it is!
Re: Is #20mil Enough To Start A Transportation Biz(advice Needed) by Emmadoc: 6:38am On Nov 06, 2020
RedPanthar:
Start small and get the answers yourself. Start with one bus and as you learn the ropes, increase

Thanks bro
Re: Is #20mil Enough To Start A Transportation Biz(advice Needed) by Emmadoc: 6:39am On Nov 06, 2020
SavageResponse:


A new transport business in Nigeria requires the owner to be available to supervise it 100% of the time

If you are unable to do this then it's better for you to just leave your money in the bank where it is!

Noted

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