Starting a business in Nigeria can be challenging, especially if you have limited capital. However, with 600k, you can start a profitable business and become financially independent.
The key is to find a business idea that you are passionate about and that has a high demand in the market.
With hard work and dedication, you can scale your business successfully.
In this article, we will explore 20 business ideas that you can start with 600k in Nigeria.
Remember to research your chosen business idea thoroughly, create a business plan, and market your business effectively.
And you can also read this article; How to sell a Business Idea to an Investor to know how to convince an investor (professional investor, friends, and family) to invest in your idea.
Table of Contents
Snail Farming
Snail farming is a lucrative business in Nigeria that requires minimal capital. With 600k, you can start a snail farm and make a profit within a few months.
Snails are in high demand in Nigeria, and the market is large enough to accommodate new entrants.
To start a snail farm, you need to build a snail pen, purchase snails, and feed them. You can sell your snails to restaurants, hotels, and individuals.
For more read this; How to run a Profitable Snail farming Business in Nigeria
Poultry Farming
Poultry farming is another profitable business in Nigeria that requires minimal capital. With 600k, you can start a small poultry farm and make a profit within a few months.
You can start with broilers or layers and expand as your business grows.
To start a poultry farm, you need to build a chicken coop, purchase chickens, and feed them. You can sell your chickens to restaurants, hotels, and individuals.
read more on; “Poultry farming business in Nigeria (cost and profit)“
Catering Business
Catering is a lucrative business in Nigeria that requires minimal capital.
With 600k, you can start a small catering business and make a profit within a few months.
You can offer catering services for events, parties, and corporate functions.
To start a catering business, you need to purchase cooking equipment, utensils, and ingredients.
You can market your business through social media, flyers, and word of mouth.
READ MORE: How to Start a Catering Services Business: Tips and Templates
Fashion Designing
Fashion designing is a profitable business in Nigeria that requires creativity and minimal capital.
With 600k, you can start a small fashion design business and make a profit within a few months.
You can offer tailoring services for clothes, shoes, and bags.
To start a fashion designing business, you need to purchase sewing machines, fabrics, and accessories.
You can market your business through social media, fashion shows, and exhibitions.
READ MORE: How to Start a Fashion Business in Nigeria: The Ultimate Guide
Soap Making
Soap making is a profitable business in Nigeria that requires minimal capital. With 600k, you can start a small soap-making business and make a profit within a few months.
You can offer different types of soap, such as laundry soap, bathing soap, and dishwashing soap.
To start a soap-making business, you must purchase equipment, chemicals, and packaging materials. You can sell your soap to supermarkets, shops, and individuals.
Plantain Chips Production
Plantain chips production is a profitable business in Nigeria that requires minimal capital.
With 600k, you can start a small plantain chips production business and make a profit within a few months.
Plantain chips are in high demand in Nigeria, and the market is large enough to accommodate new entrants.
To start a plantain chips production business, you need to purchase plantains, oil, and packaging materials. You can sell your plantain chips to supermarkets, shops, eateries, and individuals.
Read More: How to Start Plantain Chips Business in Nigeria: Complete Step-By-Step Guide
Fish Farming
Fish farming is a profitable business in Nigeria that requires minimal capital. With 600k, you can start a small fish farming business and make a profit within a few months.
You can start with catfish or tilapia and expand as your business grows.
To start a fish farming business, you need to build a fish pond, purchase fingerlings, and feed them. You can sell your fish to restaurants, hotels, retailers, and individuals.
Read Also:
- Fish farming business In Nigeria: Start a profitable Fish farm
- Catfish Farming Business in Nigeria: how to make it Lucrative
Popcorn Production
Popcorn production is a profitable business in Nigeria that requires minimal capital. With 600k, you can start a small popcorn production business and make a profit within a few months.
Popcorn is a popular snack in Nigeria, and the market is large enough to accommodate new entrants.
To start a popcorn production business, you need to purchase popcorn kernels, oil, and packaging materials.
You can sell your popcorn to supermarkets, cinemas, restaurants, and individuals.
Photography Business
Photography is a profitable business in Nigeria that requires creativity and minimal capital.
With 600k, you can start a small photography business and make a profit within a few months.
You can offer photography services for events, weddings, and portraits.
To start a photography business, you need to purchase a camera, lighting equipment, and accessories.
You can market your business through social media, referrals, and word of mouth.
READ MORE: The Lens of Opportunity: How to Start a Photography Business in 9 Simple Steps
Snacks Vending Machine Business
Snacks vending machine business is a profitable business in Nigeria that requires minimal capital.
With 600k, you can purchase a vending machine and stock it with different types of snacks, such as chocolates, biscuits, and drinks.
You can place your vending machine in high-traffic areas, such as offices, schools, and shopping malls.
You can monitor your sales remotely and restock your vending machine as needed.
READ MORE: How to Start a Vending Machine Business in 5 Minutes
Mobile Phone Accessories Business
The mobile phone accessories business is a lucrative business in Nigeria that requires minimal capital.
With 600k, you can start a small mobile phone accessories business and make a profit within a few months.
You can sell phone cases, screen protectors, chargers, earphones, and other accessories.
You can set up your business in a high-traffic area, such as a shopping mall or market. You can also offer delivery services to your customers.
READ MORE: How to Start Sales of Mobile Phone Accessories Business in Nigeria
Personal Shopping Business
The personal shopping business is a profitable business in Nigeria that requires minimal capital. With 600k, you can start a small personal shopping business and make a profit within a few months.
You can offer personal shopping services for individuals and businesses. You can source products for your clients and charge a commission for your services.
You can market your business through social media, referrals, and word of mouth.
Cleaning Services Business
The cleaning services business is a profitable business in Nigeria that requires minimal capital.
With 600k, you can start a small cleaning services business and make a profit within a few months.
You can offer cleaning services for homes, offices, and businesses. You can hire staff to assist you and market your business through social media, referrals, and word of mouth.
READ MORE: The 7-Step Guide: How to Start a Cleaning Business Successfully
Car Wash Business
The car wash business is a profitable business in Nigeria that requires minimal capital.
With 600k, you can start a small car wash business and make a profit within a few months.
You can offer car washing services for individuals and businesses.
You can set up your car wash in a high-traffic area, such as a petrol station or market. You can also offer additional services, such as car detailing and polishing.
Read more; “Car wash business in Nigeria: Make 900k Monthly”
Fruit Juice Business
You can start a fruit juice business with 600k in Nigeria. You can use the capital to purchase equipment such as a juicer, blender, refrigerator, and storage containers.
You can also buy fruits in bulk from local markets at a lower price and sell the juice at a profit.
To start the business, you need to research the demand for fruit juice in your area and identify your target market.
You can offer a variety of fruit juice flavors and target health-conscious individuals, fitness enthusiasts, and people who prefer natural and organic drinks.
You can also offer delivery services to your customers, which can help you reach a wider audience and increase your sales. You can market your business through social media platforms like Instagram and Facebook, by offering discounts to first-time customers and running promotions.
To ensure the success of your fruit juice business, you need to maintain the quality of your products, provide excellent customer service, and continuously innovate and introduce new flavors. With hard work and dedication, your fruit juice business can become a profitable venture in Nigeria.
Advertising Business
Advertising is a lucrative business in Nigeria, as many companies and organizations are constantly looking for ways to promote their products and services to a wider audience.
To start an advertising business, you need to have skills in marketing and advertising, as well as knowledge of the industry.
You also need to have access to a computer and design software, as well as a reliable internet connection.
With 600k, you can start a small advertising agency that offers services such as social media marketing, email marketing, search engine optimization (SEO), and graphic design.
You can also offer branding and marketing strategy services to clients.
To attract clients, you need to build a portfolio of your work and create a website or social media presence to showcase your services.
You can also offer discounts and promotions to first-time clients and network with other business owners and professionals to expand your client base.
As your business grows, you can invest in additional equipment and hire employees to help you with your work.
You can also expand your services to include video production, event planning, and other advertising services.
By providing quality services and building a strong reputation, you can grow your advertising business in Nigeria faster.
READ ALSO: How to Start a Social Media Management Company/Agency (The Complete 8 Steps)
Computer Sales Business
The demand for computers and related accessories is high in Nigeria, and there is a lot of potential for growth in the computer sales business.
To start a computer sales business, you need to have knowledge of the industry and access to a reliable supplier of computers and accessories.
With 600k, you can purchase a small number of computers and accessories and start selling them to individuals, small businesses, and organizations.
You can start by setting up a physical store or an online store, depending on your preferences and target market.
If you choose to set up a physical store, you need to find a suitable location that is easily accessible to your target market.
If you choose to set up an online store, you need to create a website or social media page where customers can place orders and make payments.
To attract customers, you need to offer competitive prices, quality products, and excellent customer service.
You also need to differentiate yourself from competitors by offering value-added services such as installation, repair, and maintenance of computers and accessories.
As your business grows, you can expand your product offerings to include other electronics and gadgets, such as smartphones and tablets.
You can also consider offering financing options to customers who cannot afford to pay for computers and accessories up front.
With hard work and dedication, you can build a successful computer sales business in Nigeria.
READ MORE: How to Start a New/Used Computer Sales Business: Step-by-Step Guide
Broker Business
A broker acts as an intermediary between buyers and sellers and facilitates transactions between them.
There are many types of broker businesses, including real estate, stock, and forex brokers.
To start a broker business, you need to have knowledge and experience in the industry you want to operate in.
You also need to have a network of potential clients and access to a computer and internet connection.
With 600k, you can start a small broker business by offering services such as matching buyers and sellers of goods or services, negotiating deals, and providing advice and guidance to clients.
You can also offer marketing and advertising services to help clients promote their products and services.
To attract clients, you need to build a strong network of potential buyers and sellers and create a website or social media presence to showcase your services.
You can also attend industry events and conferences to network with other professionals in the industry.
As your business grows, you can invest in additional equipment and hire employees to help you with your work.
You can also expand your services to include other types of brokerage services or open additional offices in different locations.
By providing quality services and building a strong reputation, you can grow your broker business in Nigeria.
Read Also: How to Start Real Estate Business as an Investor in Nigeria
Bakery Business
The bakery business involves the production and sale of baked goods such as bread, cakes, pastries, and biscuits.
To start a bakery business, you need to have baking skills and knowledge of the industry.
You also need to have access to baking equipment, such as ovens, mixers, and measuring tools.
With 600k, you can start a small bakery business by renting a commercial kitchen or baking space and purchasing essential baking equipment.
You can offer a variety of baked goods, such as bread, cakes, pastries, and biscuits, and sell them to customers through a physical store or online platforms.
To attract customers, you need to develop a unique selling proposition and create a brand identity for your bakery.
You can also offer discounts and promotions to first-time customers and build a social media presence to showcase your products.
As your business grows, you can invest in additional baking equipment and hire employees to help you with your work.
You can also expand your product line to include custom cakes, catering services, and wholesale baking for local businesses and restaurants.
By offering quality products and building a strong brand identity, you can attract customers and grow your bakery business in Nigeria.
READ MORE: How to Start a Bakery Business in Nigeria (The Super Easy Way)
Tv Decoder Business
The TV decoder business involves selling digital television decoders and accessories to customers.
To start a TV decoder business, you need to have a location with a high footfall and access to suppliers of digital television decoders and accessories.
You also need to have knowledge of the industry and customer needs.
With 600k, you can start a small TV decoder business by purchasing a stock of digital television decoders and accessories and renting a space to sell them.
You can offer a variety of decoders for different television providers, such as DSTV, GoTV, StarTimes, Tstv and the like.
To attract customers, you need to develop a unique selling proposition and offer competitive pricing.
You can also build a social media presence to showcase your products and run promotions and discounts for first-time customers.
As your business grows, you can expand your product line to include other electronic accessories and devices.
You can also offer installation and repair services to increase revenue.
By providing quality products and building a strong reputation, you can attract customers and grow your TV decoder business in Nigeria.
Read also:
- Top 8 Business Ideas to Start with 700k in Nigeria
- What Business Can I Start with 500k in Abuja?
- 14 most Lucrative Businesses to Start with 500k
- Which Agricultural Business is most Profitable?
Conclusion
I hope this article: “What Business can I start with 600k” was beneficial to you.
If you have any questions or contributions leave them in the comment section.
Remember to Subscribe for direct notification when there is a new content.
Be a Lifter via the Share Buttons to others who might be in need of this article.
