-->

Featured

HOW TO BE THE BEST

GO FOR DEEP THINGS  Have you ever wondered what is the difference between the best man at something and that person who isn't?,proba...

Top 5 lucrative businesses in Nigeria


 Many at times most persons are looking for businesses that would earn them a lot of money,most especially in developing countries like Nigeria where the unemployment rate is extremely high making entrepreneurship the only escape way out of poverty, many persons have searched for lucrative businesses in which they can invest the money and make huge profit and that is why I have put together these five businesses that will guarantee you huge profit on your small capital.
1. RECHARGE CARD WHOLESALE
   yes you just read it right,i just wrote "recharge card",guess you were not expecting it,if you have little knowledge of business you would know that for you to make a huge sale thereby making a huge profit also you must sell that which is of high demand by the people or a basic need to the people,in other words something they can't do without,take for example the popular figure of Aliko Dangote,the richest man in Africa,i guess you know he comes from Nigeria which is a developing country,and you should also know that he sells cement in his country,what else could a developing country need other than cement for construction,in other words a basic need of Nigeria is cement,and that was what he decided to sell and that has now made him not only the richest in his country but the richest in Africa,what about world's richest man,Bill Gates,the owner of microsoft,this age is also known as the computer age and guess what he did?,he simply created the platform for it to work and now he is the richest in the whole world. with those two examples it is beyond all doubt that for you to make huge gain from a business,you must sell that which is of high demand,now let us come back to Nigeria,you will agree with me that one essential aspect of living is "communication",most persons in Nigeria would like to reach to friends and families worldwide and since they can't move round the world all at once,they could do that with their telephones,and for them to be able to use the telephone to communicate it has got to be recharged,and also in as much as everybody would like to be connected to the internet,they would also need data to do that and in Nigeria you could only purchase date with recharge card,and the uses of recharge card continues,so you now see that recharge card is a basic need of the Nigerian man,now can you see the opportunity in this business,as it involves selling a basic need of the people,but the painful thing is that most persons have looked down on this business and have seen it as  a business meant for the poor thereby making only a few to be enriched through it.it is so lucrative that all commercial banks in Nigeria now sell it and have been making millions from it,the fun part of this business is that it cost little amount to start up with,with as low as thirty thousand(#30000) Naira one could start it up,i,Godwin Favour,was previously involved in the business when i was in Secondary school back in Nigeria and i made much from it,when i talk about recharge card,i mean wholesaling of it,not the retail part,as that is the part that discourages people from involving in this business and blinds them from seeing the wholesale part of it where there is real money,this wholesale involves selling in a larger quantity to those who sell directly to the final users of the cards,in other words you will be selling in a more higher quantity than the retailers,all you have to do is to have suppliers and looking retailers will not be a problem as they are everywhere looking for where to buy from,it is just for you to create an outlet where you can create an awareness for your business and they would come to you,i tried it and it worked for me,but also with good selling technique and a more lower price to retain them,in this business you work in units where the lowest is the hundred naira(#100) card,you might purchase one unit for as low as #70 from good agents(as the price varies from place to place depending on the agent(suppliers) you meet depending on the network e.g MTN,GLO,ETISALAT or AIRTEL,and then you would then decide the price at which you would like to sell it,so you get to determine the profit you want and that is a reason why i love the business,and maybe you decide to sell it at the cost of #90 to retailers thereby making a profit of #20 for each low unit of #100 card,and guess what you would always make sales of a minimum of 1000 units per day(depending on your capital) because it is a basic need of the people  thereby making a minimum of #20000 daily or even more depending on how much capital you invest into the business,though you can start with #30000,but you won't make that high of a profit as you would only be able to purchase 300-400 units from your agents that day,though you can make multiple purchases a day from your agent but are you really in for the stress of running back to your agents office 5 or 7 times a day?,it is all up to you,if you would want more information or guidance on how to go about this business you can send an email to me at "favourg306@gmail.com".GOOD LUCK!!!
2. KEROSENE WHOLESALE
  Yes this is another lucrative business that can earn you millions if you use the right tactics,what more could sell more in Nigeria other than petro-chemicals, Nigeria is one of the poorest countries in the world,instead of complain about that like every other persons,why don't you just advantage of it?,this means most of it's citizens can't afford to use gas to cook,they therefore resort to using kerosene in their stoves,millions of Nigerians make use of kerosene to cook and for other purposes,thereby making it an essential product in the country,if only you would see the opportunity in this business,you will end up swimming in millions,all you have to do is get a good supplier and register,you can get a liter for as low as #130 though the price fluctuates and many at times it falls below that price to as low as #90,you can then fix the price at which you would like to sell,maybe #200 or even higher,thereby making a minimum profit of #70 for each liter,and due to it's demand you can sell about 500-1000 liters daily to retailers,making about #35000 to #70000 daily or even more depending on the capital you put into it,though there are minor expenses like;transport,dues e.t.c,but they won't cost you much.if you would like more information about this business you can write to my e-mail account at "favourg306@gmail.com".GOOD LUCK!!!
3. TILES 
 This is a business that many are ignorant of,making only a few to benefit from it most especially the igbos as they seem to be in control of this sector,i myself have had some experience in this business,i can tell you it will earn you millions if you choose to invest it ,you will agree that gone are the days when people use rugs and carpets to cover the floors of their house,any new house being built these days and even existing ones now make use of tiles to cover their floors and even their walls due to its beautiful surface,just the same way cement is to the construction of the house,so also is tiles to the beautification of a house,making it a very essential product as everyone would want their houses to be beautiful,so it is a business that will guarantee you more greener pastures in your finances,if you are familiar with tiles,you would know that there are different kinds of it,e.g,spanish,italian,chinese,e.t.c,these ones are more capital intensive as you would have to import them,but guess the good news,we also have Nigeria tiles made in Nigeria,the "time ceramics" which is cheaper and less expensive,all you have to do is get to their factory in lagos or benin and place your orders and it will be shipped to you,you can make as much as #100-#1000 per carton of tiles depending on how well you bargain with your customers which will always be available,and customers usually buy from 100-infinity number of cartons depending on how big their house happens to be,all you need do is get a store in a good environment,and showcase some pieces of the tiles you sell and customers will come running to you.if you would like more information about this business you can write to my e-mail account at "favourg306@gmail.com".GOOD LUCK!!!
4. RENTING COOKING UTENSILS
   I could bet you have never thought about this,but that is what we do at mapbiz,we bring new ideas to you.this is a business that yields millions.Nigeria is a country where celebration is done almost everyday and you will agree that in these celebrations,food is usually cooked to offer to the guest,due to the usual large turn outs in these occasions,the food is usually cooked in large quantities,many at times the celebrants do not have the cooking utensils to cook such large quantities of food.so they usually rent it from people who are into the business for a huge sum of money and still yet return these utensils when they are done with it,giving those who are into the business opportunity to rent out those same utensils and make more money from the same utensils,all you have do is to rent a store room where you can store your utensils till they are rented out.utensils you might need to buy includes;spoons,trays,plates,knifes,bowls,big cooking pot[egere],cooking stand,cups e.t.c. the list is endless but you just need to start with one,maybe spoons,you might buy a thousand spoons at first,presently they cost #20 per one,thereby costing you #20000,and then you might rent them out for #10 thereby making a profit of #10000 and you keep on renting them out,and making more profit,with which you can buy other utensils  and make more  money.the best part is your customers get to pay for the utensils if they get missing while making using of them,meaning you do not make any loss,you just keeping renting out the same utensils over and over again,therefore making more profit.i bet this business will earn you millions.if you would like more information about this business you can write to my e-mail account at "favourg306@gmail.com".GOOD LUCK!!!
4. SACHET WATER
 This is another lucrative business that could earn you more if only you could package it in a new style.This is one of the few business that gurantees you an 100% return,you could purchase a bag for as low as #100 and each bag contains 20 sachets and each cost #10 thereby selling a bag at the cost of #200 and therefore making an 100% profit.this business is mind blowing,water is one of the essentials of living,water is indeed life,so your sales are guranteed.the best part is you can start this business with as low as #1000 depending on how much you have.all you need do is get a refrigerator as this is the main expense but trust me it is worth it in the end,and ensure you get a store in an area where there is constant power supply as this business runs on light,or you could get a generator but that will cost you more and the cost of fuel will definitely bite into your profit.if you would like more information about this business you can write to my e-mail account at "favourg306@gmail.com".GOOD LUCK!!!
   hope you enjoyed this article...