What kind of business can I start with 1000000 naira in Nigeria?

What kind of business can I start with 1000000 naira in Nigeria?

One business you can start with one million naira today is a restaurant business. Food is one of the basic necessities of life. Everybody needs to eat. With one million naira, you can start up a successful restaurant and locate it at a vantage position for patronage.

How can I start a solar company in Nigeria?

How To Start Solar Energy Business In Nigeria

  1. Step One – Register Your Business.
  2. Step Two – Choose A Niche.
  3. Step Three – Draft A Business Plan For Your Solar Energy Business.
  4. Step Three – Get An Office Space.
  5. Step Four – Market Your Solar Energy Business.

What kind of business can I do with 1million naira?

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Opening a small supermarket. If you have got one million Naira in your hands, it will be just the right amount of money for setting up a small supermarket. It is a very feasible business which will most definitely pay off if you provide a good and high-quality service to your customers.

What kind of business can I start with 2million naira in Nigeria?

With two million naira in account, you can invest into businesses like recharge card dealership which allow you to represent the mobile telecommunication networks as a dealer for distributing or selling recharge cards and data bundles to subscribers/customers across the nation.

How much does it cost to start a solar business?

From the research we have done, the initial average investment to enter the solar market strong is around $500,000. This includes solar panel equipment to perform your first round of installations for about a year, marketing costs, and any costs associated with hiring staff.

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Is solar business profitable?

Moreover, a solar panel or solar business is one of the most profitable businesses in today’s time. In fact, solar energy business profitability at the top position at present and this will stay there in future also. If you want to start a business, then you can start any new business by joining the solar sector.

What business can I start with 5 million in Nigeria?

What Business Can I Do with 5 Million Naira In Nigeria?

  • Start a school of your own.
  • Start an agro-chemical industry.
  • Acquire real estate.
  • Become a motor dealer.
  • Establish a private broadcasting corporation.
  • Become a major distributor for a pharmaceutical company.
  • Look for investment opportunities.

How do I start a 10k business?

13 Low Investment Business Ideas in India under 10,000 Bucks

  1. Social Media Management Services. In the current scenario, social media has redefined how business functions.
  2. Blogging.
  3. Travel Agency.
  4. Photography.
  5. Tiffin Service.
  6. Fruit Juice Kiosk Business in India.
  7. Online Fitness Instructors.
  8. Event Management.
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