In this article, we will go over the basics of starting and running a small business. We’ll start by going over what you can get started with 2000 naira in Nigeria.
With the Nigerian economy going through a rough patch, it is common for many Nigerians to want to start their own business.
With just 2,000 Naira you can start your own business and make enough money to feed your family or pay off some debt. In this blog post, we will explore cheap and affordable ideas that you can start with 2,000 Naira.
First
The first thing to consider is what you know and how much time you have for your business.
For instance, if you are an expert in data entry, then a mobile shop may not be the best idea for you because of limited hours at night.
It’s on the other hand, all that’s standing between having enough money or not being able to pay next meal is a quick sale, then you might want to consider something like reselling old clothes.
Second
The second thing to think about are the things that you need in order to start a business with 2000 Naira . Here’s what some of these businesses might include:
-An online store
-A mobile phone recharge business
-Making and selling food or drinks
There’s no set list for what you might need, but there are some basics like a laptop to keep track of your finances. Some other ideas that people have started with just 2000 Naira include:
-Grocery store in order to buy food
-Making T Shirts with a machine you already have in order to resell them.
Third
The third thing is what your business should offer. This may change based on the type of business, but here are some ideas:
*Good customer service
*A sense of community. It’s easier to make a sale if you have some kind of connection with the customer, like sharing interests or hobbies.
Fourth
The fourth thing needs in order to succeed: this may include budgeting for advertising expenses and making sure that you can spend time running is what your business requires.
There are many more details to consider when it comes to starting a business, but the key is knowing what you’re good at or have time for and then filling in the rest with affordable ideas that work around these constraints!
The first step may be as simple as buying something for 200 Naira from AliExpress, opening up a shop on Jumia, and then reselling it for a higher.
List Of Business To Start With N2000
1. Recharge Card
2. Pure Water
3. Soft Drinks
4. plantain
5. Liquid Soap
6. Detergent
7. Little provision
8. Ice cream
9. Nylon
10.Pre-order Business
1.Recharge Card
With a 2000 naira recharge card, you can start your own business.
Your small investment starts an entrepreneurial journey with the potential for great returns in just one month.
There are basically two things that you need to do:
You need to recharge your own phone. You have to sell the remaining airtime on your card.
If you do this, then…
with 2000 naira… in one month …you will be able start a business… with potentially great returns. A business that can take you from poverty to prosperity …in one month.
How much do you want to make? $10,000 a month? Then just reach out to 1000 people and they will buy your card for 2000 naira. There are two things that you must sell: the airtime on the card and the opportunity to start a business.
You must sell the airtime on your card. You can do this in two ways: you can recharge the phone of customers by giving them your card or you can give it to them so that they can recharge their own phones.
2. Pure Water
Pure Water is one of the most profitable businesses you can start with 2000.
Pure water may be a mundane drink to some but it’s also an excellent business opportunity for those looking forward to making money in a clean and simple way. With PureWater, all you need are 2 thousand naira, two weeks time, and patience!.
How Much Will It Cost To Start This Business?
You can start making pure water right away by just buying one pack, and you are sure to have clients lining up for your services if you offer this product at a very cheap price in the market; because it’s not easy getting pure water.
3. Soft Drinks
Starting your own soft drink business is the perfect way to make money. This type of business only requires a small investment and even if you have no experience, it’s easy to learn how!
The most important thing in starting a soft is, of course, the product. You need to have something that will make people buy it over other brands on the shelf. The best way to do this is to first come up with an amazing recipe and then figure out how you are going to sell it.
It’s always better to start small. That way if you decide that this isn’t for you, or if your product isn’t amazing enough, you haven’t wasted a lot of time and money. So be sure to start with something simple like selling soft drinks at fairs and events. That’s where I got the idea for my business.
4. plantain
With so much to offer, it’s not surprising that Nigeria is the home of more than one billion people. Along with a thriving economy and culture comes all sorts of opportunities for entrepreneurs including starting your own food business!
We have created some recipes from scratch here on our blog but if you want an idea for something already made then plantain chips are perfect choice—you can start this simple business with just 2000 Nigerian Naira!
Starting up any new enterprise takes time and patience – especially when money might be tight at first or there aren’t many contacts in order to find suppliers.
With luck, however, Nigerians will see their hard work pay off as they create jobs in entrepreneurship while providing delicious options like this one to their fellow countrymen and women.
With businesses like these, you can help make Nigeria a better place to live by providing more jobs for the hungry people who may not have been able to go out on their own and start a business otherwise.
If we all work together as entrepreneurs with our ideas, chances are that some of them will succeed. Not only will a lot of people be fed, but there will also be an increase in jobs and culture.
You can find out more about how to start a business with Nigerian Naira on this page. And while you are at it, take a few minutes to look around the blog for other options that may work great
5. Liquid Soap
Liquid soap, more than just a way to wash your hands or clothes! Liquid soaps are also available in hand-made bars and can provide an excellent alternative for people with sensitive skin.
So why not have the opportunity of making enough money from this business? With 2000 naira you could start selling liquid soap today!
6. Detergent
You can make as much money in two weeks with just 2000 naira. If you choose to start a business selling detergents, then your earnings will be guaranteed and the investment is small!
Necessities are costly for most people living in Nigeria today; however, there are many ways that one’s income may vastly increase if they put their efforts into any of these businesses: Detergent sales offers an entry point to making more than double what was invested on day 1 thanks to its low startup cost.
All you need to do is buy a detergent from the market or create your own, then sell it. Detergents are key in any home and almost every family needs them on a daily basis. Thus, such businesses thrive in places where people live at high rates of population per square mile.
Here are some pointers when choosing to begin a detergent business:
You can also start a detergent business by going into partnership with someone who has the intellect and capital to get you started. Also, if you have enough money, you can buy a truckload of laundry soap from your local market for resale.
If you choose the second option, it will be fairly easy to find a buyer and resell the soap at a higher price than you bought it for.
If you choose to sell detergents packaged in bottles, then you need to buy bottle caps that will be used on the final product. You can make your own or get them from wholesalers in any major city like Lagos, Abuja, Ibadan or Kano.
If you decide to make your own bottled detergent then here are some tips:
Another option is to sell a powdered version of the laundry product. All you need to do is buy bags of powder from wholesale sellers and then resell them in smaller batches at high prices.
If you can’t get the bags, then no worries for you can always buy small packets of detergent from any shop and resell them.
It is not hard to sell powdered laundry soap since it is a necessity in most homes. After buying your supply, all you need to do is go door-to-door or call on clients at their place of business: office or home.
You can also visit schools, hospitals and residential areas to meet potential buyers for your product.
Also learn what each buyer feels that is the best price to sell detergent at; don’t be a cheap seller by offering goods too cheaply because some clients are willing to pay more than you think they will so try adding a little extra to the price.
7. Little provision
You can start Little provision with the bare minimum of 2000 naira. It may not seem like much, but the little things can add up to a big sum when you start with 2000 naira. Think of all the sweet treats and bubbly drinks your money could buy!
Some say you need to spend a lot in order to get started when starting any business, but that’s not always true! You can actually create your own company and do all kinds of work for clients without spending much at all on an office or clothes – just use what you have around the house (like some old furniture) until it makes sense to invest more money into machinery, computers etcetera.
8. Ice cream
One of the best ways to make money quickly is by starting a small ice cream business with just 2000 naira. You can buy all your supplies and stock at home, then sell popsicles out on street corners for 150 Naira – 200 Nigerian pesos each (depending on which area you’re selling in)
One way that many people find quick income when they are low-income earners or unemployed is through an entrepreneurial spirit. The goal would be not only making any money but also getting experience running their own company so one day they may have enough capital to start up a larger venture like this from scratch themselves!
9. Nylon
Have you ever thought about starting your own business? I think it sounds like a great idea! And, the best part is that nylon has never been more fashionable. With 2000 naira and some effort to start off with one or two shipments of our products (whatever they are), we can have an entire new wardrobe for ourselves in no time at all!
It’s amazing what businesses you could take on nowadays as long as there’s enough money put into them. Nylon is not only super convenient but also chic these days – so why not get ahead of the game by investing those precious 2000 naira now before people realize how awesome this material really is?
10.Pre-order
As soon as you have 2000 naira to spare, get ready for your chance at starting a pre-order business. All that’s needed is to get pictures of products and an eagerness to put those pictures on display! When customers show interest in what they see, it’ll be their turn to pay while you make the delivery with some money left over from whatever profit margins are offered by sellers.
Conclusion
Now that you know how to start a business with 2,000 Naira and have read about our favorite two-thousand naira businesses we hope this blog post has given you some ideas for your next entrepreneurial venture. We would love to hear from the readers of this article what they would like to do if they had only 2000N in Nigeria. Which of these cheap and affordable ideas will you like to start with?