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Saturday, June 2, 2018

Sometimes you just get stuck in your search for business ideas. Yes, it happens and that’s why we have created a list of lucrative and profitable small business ideas in Nigeria – ones you can grow into a bigger business.

Other than fear of failure, one of the biggest mental barriers to starting your own business is a lack of clarity about what kind of business you should start.

There are literally hundreds of self-employment options available to you, and each one has its own individual costs, challenges, potential rewards, and startup requirements.

Also Read: Quick online loans in Nigeria for your business ideas

So with that in mind, here’s a list of 61 of the most popular and lucrative small business ideas in Nigeria to consider — some of which may help you gravitate toward the best small business idea for your temperament, capabilities, tolerance for risk, market conditions, geographic location, and budget.

list of small business ideas in Nigeria. They are small scale business ideas and investment opportunities, hot, lucrative and profitable business ideas moves fast

List of 61 Lucrative Small Business Ideas In Nigeria – Investment Opportunities

1. Cleaning business

2. Photography

3. Videography (Read 5 online top sites for free videography training)

4. Catering

5. Consulting

6. Real estate

7. Construction

8. Hair styling

9. Jewelry making (crafts)

10. Tutoring, giving group or private lessons,

11. Computer training business (Read What you should know before starting a computer training business)

12. Vending machine business

13. Event planning services

14. Motivational speaking

15. Painting services

16. Fashion business (sewing, tailoring, design, clothing alterations etc)

17. Shoe business (shoe building, selling, design)

18. Food businesses: (restaurant, food truck, ice cream shop). Learn How to start a restaurant business in this guide

19. Bakery, cupcake business, cookies, birthday and wedding cake baking and decorating

20. Bar business

Also Read: List of 12 online jobs for students in Nigeria

More Hot Business Ideas In Nigeria With Low Investment

Yes, you can start small and grow big. Today, a lot of people want to have a side hustle as they’re looking to leave the salary job cycle to something that feeds their passion.

creative small business ideas with low investment capital 2018

Let’s be honest here, we spend money every blessed day but we get paid every 30 days, which means we get paid 12 times in 365 days.

Employees get paid 12 times in a year – @Oasdom

CLICK TO TWEET

Business owners on the other hand? your rewards flow with respect to the efforts you put int (marketing, sales, product creation, customer satisfaction and more).

Though starting a business may seem exciting but you should check out my post on 4 bitter truths no one will tell you when starting your business.

Luckily, it is now increasingly easy to start a business from scratch without spending a fortune. Below, I’ve highlighted 41 more creative business ideas with low investments.

Some of the business ideas listed require nothing more than an internet connection, while others demand a level of licensing or a specific set of vocational skills…the choice is yours!

Profitable Small Scale Business That Moves Fast In Nigeria

21. Football showing center

22. Recycling business

23. Transportation or trucking business

24. Generator repair service

25. Computer repair services

26. Intra-state Courier services/delivery services

27. Music lesson trainer (Piano, box guiter, drums, etc.)

28. Daycare center

29. Animal feed production and sales

30. Senior care business

31. Dance instructor

32. Import export business [FREE GUIDE: How to import & sell for profit]

33. Wholesale business

34. Rug cleaning services

35. Final year & PG student project writing services

36. Craft business (bead making, wireworks, etc)

37. Gift basket business

38. Smartphone repair

39. Laundry business/dry cleaning service (more 7 lucrative business in Nigeria)

40. Online business (Starting an online business – The true path to internet entrepreneurship + Free Audio)

41. Web design and/or graphic design business

42. Printing services (print shop)

43. Gym business

44. Manufacturing business (soap making etc)

45. Furniture making business

46. T-shirt business

47. Domain name trading

48. DJ business

49. Scrap metal business

50. Dog business (dog training, grooming, boarding)

51. Farming, ranching, growing produce, aquaculture, greenhouse business

52. Magazine publishing

53. Party rental

54. Interior design

55. Bicycle repair

56. Painting business

57. Frozen food sales

58. Resume writing

59. Spa business

60. Web hosting business

61. Editorial services: article writing, web page content provider, proofreading, etc

Also Read: Which Side Hustle Should You Try? – Here are 12 Ideas

Guide to Starting Your Untapped Business Ideas In Nigeria

Now, you’ve checked through the lists of small scale business ideas isn’t it? But what about starting on the right foot?

According to Inc.com there are 5 business trends that will impact small businesses this year. I think you should check it out.

You can be an entrepreneur if only you will take a self-inventory of your gifts or ask trusted friends to tell you what they perceive to be your strengths/gifts/talents/abilities – whatever you choose to call it.

I recommend that you check out these 5 signs that you have the entrepreneurial spirit because first hand, you need to do self-inventory before starting out.

Once you’re certain you have the entrepreneurial drive to start a business, these 7 quick tips will guide you through having a successful small business of your own.

Small Business Ideas In Nigeria – Home Business Ideas You Can Start Now

You can start any of the 61 lists of small business ideas with low capital and still scale it up into a big business that moves fast.

You should check this list of 7 profitable home based businesses that moves fast in Nigeria (Link in number 28 above), because they are becoming more popular, and also within the reach of almost anyone who wants to take a risk and work hard.

However, crafting a one page business plan for these home based businesses can give you a clear sense of direction to growing a profitable business from idea to reality.

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Konga.com YuBoss Program Operating Agreement
Updated:  May 1, 2018.
Our YuBoss Agents are very important to us. We do our best to treat you with the fairness and respect you deserve. We simply ask the same consideration of you. We have written the following  agreement with you in mind, as well as to protect our company's good name. So please bear with us as we take you through this legal formality.
If you have any questions, please don't hesitate to let us know. We are strong believers in straight-forward and honest communication. For quick results please email us at yubosssupport@konga.com. 
Best regards,
Konga.com YuBoss Marketing Manager

PLEASE READ THE ENTIRE AGREEMENT.
THIS IS A LEGAL AGREEMENT BETWEEN YOU AND KONGA.COM
BY SUBMITTING THE ONLINE APPLICATION YOU ARE AGREEING THAT YOU HAVE READ AND UNDERSTAND THE TERMS AND CONDITIONS OF THIS AGREEMENT AND THAT YOU AGREE TO BE LEGALLY RESPONSIBLE FOR EACH AND EVERY TERM AND CONDITION.

1.	Overview
This Agreement contains the complete terms and conditions that apply to you becoming a YuBoss Agent on Konga.com YuBoss Program. The purpose of this Program is to permit you to advertise Products on your site and to earn advertising fees for Qualifying Purchases. This Agreement is to allow HTML linking between your website and the Konga.com web site. Please note that throughout this Agreement, "we," "us," and "our" refer to Konga.com, and "you," "your," and "yours" refer to you our agent.

2.	YuBoss Agent Obligations
2.1. To begin the enrollment process, you will complete and submit the online application at Konga.postaffiliatepro.com. We manually approve applications and keep in mind that we may re-evaluate your application subsequently. By using our YuBoss Program, You warrant that:
2.1.1. You are 18 years of age and that there is no legal reason that You cannot enter into a binding agreement.
2.1.2. You are the owner or are licensed to use the entire contents contained on Your website.
2.1.3. Your website and/or newsletter does not violate any law or regulation.
2.1.4. Your website and/or newsletter does not contain misrepresentation or content that is defamatory or violates any rights of privacy or publicity.
2.1.5. Your website and or/newsletter does not and will not infringe any copyright, trademark, patent or other proprietary right.
2.1.6. You place our banners anywhere on your site as you see fit, or within non-spam emails.
2.1.7. Failure to abide by these rules could mean termination from the YuBoss Program.
2.1.8. Every YuBoss Agent is entitled to one YuBoss account, registration of more than one YuBoss account will lead to the suspension of both accounts until further notice.  
2.1.9. Fraud is a serious offense, and will be treated as such. Fraud is defined as any action that intentionally attempts to create sales or click-throughs using robots, scripts, or manually "refreshing" of pages and editing of codes, for the sole purpose of creating commissions.
2.1.10. When You use the website or send emails or other data, information or communication to Konga.com, You agree and understand that You are communicating with Konga.com through electronic records and You consent to receive communications via electronic records from Konga.com periodically and as and when required. Konga.com may communicate with You by email or by such other mode of communication, electronic or otherwise.
2.1.11. Advertisement of Konga.com products through ad platforms such as google adwords is allowed as long as You refrain from bidding on Konga keywords. 
2.2. We may notify you of any changes to your site that we feel should be made, or to make sure that your links to our web site are appropriate and to notify further you of any changes that we feel should be made. If you do not make the changes to your site that we feel are necessary, we reserve the right to terminate your participation in the Konga.com YuBoss Program.

3.	Konga.com Rights and Obligations
3.1 All YuBoss membership is subject to prior approval, we have the right to monitor your site at any time to determine if you are following the terms and conditions of this agreement, and as such:
3.1.1. Konga.com reserves the right to refuse service to any new YuBoss Agent, in its sole discretion, with or without cause. 
3.1.2. Konga.com reserves the right to refuse to do business with anyone, at any time, for any reason.
3.1.3. Konga.com reserves the right, without liability, to reject, omit or exclude any YuBoss Agent or website for any reason at any time, with or without notice and regardless of any previous conditions.
3.1.4. Konga.com reserves the right to terminate this Agreement and your participation in the Konga.com YuBoss Program immediately and without notice to you should you commit fraud in your use of the Konga.com YuBoss Program or should you abuse this program in any way. If such fraud or abuse is detected, Konga.com shall not be liable to you for any commissions for such fraudulent sales.
This Agreement will begin upon our acceptance of your YuBoss application, and will continue unless terminated hereunder.

4.	Modification:
We may modify any of the terms and conditions in this Agreement at any time at our sole discretion. In such event, you will be notified by email. Modifications may include, but are not limited to, changes in the payment procedures and Konga.com's YuBoss Program rules. If any modification is unacceptable to you, your only option is to end this Agreement. Your continued participation in Konga.com's YuBoss Program following the posting of the change notice or new Agreement on our site will indicate your agreement to the changes.

5.	Promotion Restrictions
You are free to promote your own web sites, but naturally any promotion that mentions Konga.com could be perceived by the public or the press as a joint effort. You should know that certain forms of advertising are always prohibited by Konga.com. For example, advertising commonly referred to as "spamming" is unacceptable to us and could cause damage to our name. Other generally prohibited forms of advertising include the use of unsolicited commercial email (UCE), postings to non-commercial newsgroups and cross-posting to multiple newsgroups at once. In addition, you may not advertise in any way that effectively conceals or misrepresents your identity, your domain name, or your return email address. You may use mailings to customers to promote Konga.com so long as the recipient is already a customer or subscriber of your services or web site, and recipients have the option to remove themselves from future mailings. Also, you may post to newsgroups to promote Konga.com so long as the news group specifically welcomes commercial messages. At all times, you must clearly represent yourself and your websites as independent from Konga.com. If it comes to our attention that you are spamming, we will consider that cause for immediate termination of this Agreement and your participation in the Konga.com Yuboss Program. Any pending balances owed to you will not be paid if your account is terminated due to such unacceptable advertising or solicitation.

6.	Privacy policy
Konga.com respects the privacy of its users and promises not to disclose personal or business information to third parties without the express permission of You and Your company.
We will not sell Your name, e-mail address, phone number, or any other personal information to anyone else. We consider this information to be private, and it will remain as such. If You have any questions about Your privacy rights, contact us at yubosssupport@konga.com

7.	YuBoss Agent Payment
Konga.com YuBoss program is operated by Konga.com. Konga.com is responsible for payouts of YuBoss Agents commissions and all financial transactions related to Konga.com YuBoss program. In order to place links, You must first be approved by Konga.com to become a YuBoss Agent on the Konga.com YuBoss Program. You understand that the payout amount may be changed at any time. You are responsible for determining if the payout for a link You have placed on Your site has changed or been discontinued. You receive the commission from Konga.com. Payments are made automatically when Your account balance reaches the specified minimum payout amount or more for the previous months' transactions. Money credited to Your account does not accrue interest.

8.	Refunds, Chargebacks and Bad Cheque
If an order is later refunded to the customer or charged back by the customer, or if a customer's cheque does not clear, the referral fee and any YuBoss chargeback fees, will be deducted from the next monthly payment sent to the YuBoss Agent.

9.	Grant of Licenses
9.1. We grant to you a non-exclusive, non-transferable, revocable right to (i) access our site through HTML links solely in accordance with the terms of this Agreement and (ii) solely in connection with such links, to use our logos, trade names, trademarks, and similar identifying material (collectively, the "Licensed Materials") that we provide to you or authorize for such purpose. You are only entitled to use the Licensed Materials to the extent that you are a member in good standing of Konga.com's YuBoss Program. You agree that all uses of the Licensed Materials will be on behalf of Konga.com and the good will associated therewith will inure to the sole benefit of Konga.com.
9.2. Each party agrees not to use the other's proprietary materials in any manner that is disparaging, misleading, obscene or that otherwise portrays the party in a negative light. Each party reserves all of its respective rights in the proprietary materials covered by this license. Other than the license granted in this Agreement, each party retains all right, title, and interest to its respective rights and no right, title, or interest is transferred to the other.

10.	Disclaimer
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11.	Limitations of Liability
WE WILL NOT BE LIABLE TO YOU WITH RESPECT TO ANY SUBJECT MATTER OF THIS AGREEMENT UNDER ANY CONTRACT, NEGLIGENCE, TORT, STRICT LIABILITY OR OTHER LEGAL OR EQUITABLE THEORY FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL OR EXEMPLARY DAMAGES (INCLUDING, WITHOUT LIMITATION, LOSS OF REVENUE OR GOODWILL OR ANTICIPATED PROFITS OR LOST BUSINESS), EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. FURTHER, NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS AGREEMENT, IN NO EVENT SHALL KONGA.COM'S CUMULATIVE LIABILITY TO YOU ARISING OUT OF OR RELATED TO THIS AGREEMENT, WHETHER BASED IN CONTRACT, NEGLIGENCE, STRICT LIABILITY, TORT OR OTHER LEGAL OR EQUITABLE THEORY, EXCEED THE TOTAL COMMISSION FEES PAID TO YOU UNDER THIS AGREEMENT.

12.	Indemnification
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13.	  Confidentiality
All confidential information, including, but not limited to, any business, technical, financial, and customer information, disclosed by one party to the other during negotiation or the effective term of this Agreement which is marked "Confidential," will remain the sole property of the disclosing party, and each party will keep in confidence and not use or disclose such proprietary information of the other party without express written permission of the disclosing party.

14.	  Miscellaneous
14.1. You agree that you are an independent contractor, and nothing in this Agreement will create any partnership, joint venture, agency, franchise, sales representative, or employment relationship between you and Konga.com. You will have no authority to make or accept any offers or representations on our behalf. You will not make any statement, whether on Your Site or any other of Your Site or otherwise, that reasonably would contradict anything in this Section.
14.2. Neither party may assign its rights or obligations under this Agreement to any party, except to a party who obtains all or substantially all of the business or assets of a third party.
14.3. This Agreement shall be governed by and interpreted in accordance with the laws of Nigeria without regard to the conflicts of laws and principles thereof.
14.4. You may not amend or waive any provision of this Agreement unless in writing and signed by both parties.
14.5. This Agreement represents the entire agreement between us and you, and shall supersede all prior agreements and communications of the parties, oral or written.
14.6. The headings and titles contained in this Agreement are included for convenience only, and shall not limit or otherwise affect the terms of this Agreement.
14.7. If any provision of this Agreement is held to be invalid or unenforceable, that provision shall be eliminated or limited to the minimum extent necessary such that the intent of the parties is effectuated, and the remainder of this agreement shall have full force and effect.

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