Small scale business

Small Scale Business Ideas that can give you Financial Security

It doesn’t matter if you are employed or unemployed you can get tips on small scale business ideas from this post.

There are several business ideas on how to start and manage your own small scale business in this article.

Some of the business ideas listed here require nothing more than an internet connection, while others demand a level of licensing or a specific set of vocational skills.

There are several ideas on small scale businesses and you can start some with little or no capital investment all you need is someone that can give you information on how to establish a small scale business that is lucrative.

I will be suggesting some small scale business ideas you can start here in Nigeria or any other part of the world. I just hope you act on it. Ideas are just seeds and acting on it, is a way to plant it.

Honestly speaking, there are many profitable business opportunities for you; all you need is the courage to start one yourself.

You can set-up your own small scale business and make serious cash daily, but, you need passion and desire to set it up and running.

Small scale business ideas

Here is a list of small scale business you can start.

  • Blogging
  • Farming
  • Barbing Saloon
  • Flipping Websites
  • Currency trading
  • Transportation Business
  • Affiliate marketing
  • Professional Photography
  • Computer Trainer
  • Laundry Services
  • Beauty Salon
  • Property Manager
  • Interior Designer
  • Auto Repairs
  • Electronics repairs

1. Blogging

Are you an expert in a specific field? Then you can tell the world through your blog site the things you know how to do well; such as travel, health, fashion, cooking, education, etc. All you need to do this business is a computer and access to the internet. You can make money by offering advertising space and reviews of products on your platform.

There are many materials online that teaches you how to start a blog. Just google search “how to start a blog”.

2. Farming

Many Nigerians look down on this business idea because they think they are too learned to do it; therefore they remain unemployed just because they are looking for a white-collar job. You can tap into this smart small scale business with less investment and become self-employed.

I went into this business after I graduated from school and in less than two years I and my business partner had an investment worth ₦400,000; guess what we started our poultry farming business with less than ₦20,000.

You can learn how to start your own small scale poultry farming business in Nigeria here.

Read also: How to Start a Poultry Farm & Make ₦600,000 in 8 Weeks

3. Barbing Saloon

Do you know how to cut hair but do not have the capital to open your own business? Then, you could start one from your home. But, make sure you comply with all your state’s requirements for opening a salon in your home. Once you’ve started the business, you can earn as much as ₦500,000 monthly income; if you are in a good location like Abuja and Lagos.

Related: How to Start a barbing Salon business

4. Flipping Websites

This is simply the art of buying an already existing website with the intention of improving it and selling it later in the future. With the right web development skills, it is a very easy and cheap trade to explore.

Note that: to do this business you will need to be able to identify websites that have the potential for improvement.

5. Currency Trading

Although, online currency trading is quite risky. However, it is a promising small scale business idea because you can invest little capital. Furthermore, there are tons of tutorial videos, online courses, and applications that offer step-by-step guides to become a successful currency trader.

All you need to start this business idea is:

  • Technical skills
  • Fundamental analytical skills
  • Capital investment
  • A phone, tablet, or computer.

6. Transportation

Are you looking for small scale business with high profit in Nigeria? then you should consider transportation business; especially keke napep business. Thousands of Nigerians are going into this business and guess what there is still room for you even if you start today.

Read also: Keke Napep: How to Make ₦200,000 Monthly Doing This Business

7. Affiliate marketing

Affiliate marketing is very easy to get into and it is all about promoting other company products and services to earning a commission. Basically, you affiliate yourself with a company, you choose a product you like, promote it, and make a profit on each sale that stems from your marketing efforts.

To effortlessly start your affiliate marketing business you need to own a blog or website; you will also have to convince your potential clients that you have successfully undertaken affiliate marketing programs for some products.

8. Professional Photography

You can become a professional photographer for events like weddings, family event, birthdays, anniversaries, etc. Several people in Nigeria will pay good money for your service. Unless you feel the need to sign up for course to further improve your skills, the only monetary investment you will have to make is for a camera and a studio where you will produce your work.

Related: How to Start a profitable Photography Business in Nigeria

9. Computer Trainer

Are you very skillful with the both Mac and PC? You can offer services in your neighborhood to people willing to learn how to use computers. You can teach people the basics, such as emailing, typing and using an internet browser. Furthermore, you can teach advance computer skills to people willing to learn more.

10. Laundry Services

You can smartly make money without the need to learn new skills from doing laundry business. You can start laundry services even from your home with the possibility of expansion in the future. All you need to do this business is:

  • A washing machine
  • A location
  • Advertise yourself in case you operate from home

Related: How to start a Laundry business in Nigeria

11. Beauty Salon

Have you worked in a beauty salon before? Then, you can start up your own beauty salon business. Even if you don’t have the funds to rent a space you can work from home. Furthermore, you could also offer other treatments, such as:

  • Hair coloring
  • Hair extensions
  • Manicure and pedicures
  • Makeup
  • Massages

12. Property Manager

Some people own several properties they want to be managed for them; hence, you can become a property manager that offers such services for several clients. All you will have to do is ensuring your clients’ properties are running smoothly. You can also be the primary contact for tenants and making sure the properties you manage for your clients are safe and well-maintained. You can earn a good fee for doing this business.

13. Interior Designer

Are you very good with interior designs? then, you can render your services to both homeowners and business owners looking for interior design and home decorating services. This is a very hot business idea in Nigeria and it is very lucrative.

14. Auto Repairs

Are you an auto engineer? Then, you can start an auto repair shop from the comforts of your home. All you need is to have a garage and the right working tools. Peradventure you don’t have the space to open a business from home but you do have working tools; then, you could open a mobile auto repair shop and travel to the location where the vehicle in need of repair is. You can also add other services like a car wash for a client interested.

15. Electronics repairs

Several people own at least one electronic device, if not multiple. So, if you are very good with the repairs of any electronics gadgets such as computers, cameras, phones, speakers and musical equipment, televisions gaming devices, etc. then you should consider setting up an electronics repair business.

Conclusion…

Setting up a business is not as difficult as you think it is. What you need is the will power and the courage to start even with the little you have.

Setting up your own small scale business idea in Nigeria is a way of giving yourself a newfound level of freedom and a way of doing something that feeds your passion.

You mustn’t wait for the millions to start your small scale business in Nigeria. You can start with the thousands and watch it grow into millions.

With the help of the internet, it is possible for you to brush up on your skillset or even learn new ones. It also gives you the opportunity to start a business easily and cheaply. Hence have multiple streams of income and become financially secure.

So make haste while the sun shines and stop blaming the country you came from or your family background.

Success is deliberate and not a piece of luck; therefore, work for your success.

Feel free to drop your comment or ask a question in the comment section.

Read also: Businesses you can start with little or no capital

Posted in Infotips NG Special and tagged , , .

I am Anthony Stephen, an information blogger and the Chief Editor of InfotipsNG. My sole aim of creating this blog is to give Nigerians and other people all over the world well-researched information.

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