Business I Can Start With Five Hundred Thousand Naira?

What Kind Of Business Can I Start With Five Hundred Thousand Naira?

From my inbox,

Good morning Mr. Henry, I hope this mail finds you well.

I’m a fresh graduate from the university of Benin and ever since, I have been in a state of dilemma as to what to actually do with the N500,000 I won from bet9ja. If I don’t start up a business with this money, I know this money won’t see the light of the day the next time I visit the betting center.

I came across your site from Google and having gone through a lot of your posts, I’m convinced beyond doubt that you really know your onion. Please, help me with a business idea that I can start with N500,000 here in Nigeria.

Thanks so much as I await your response.

From James


Answer

Dear Mr. James,

It’s so nice of you to send me a mail concerning your dilemma. N500,000 is more than enough capital to start up a medium scale business here in Nigeria. But the problem is; are you ready? The world of business isn’t rosy, not hard either. There are lots of lucrative business ideas that you can start with that amount, businesses like;

  1. Shawarma Business
  2. Poultry Farming Business
  3. Snail Farming
  4. Importation Business
  5. Bulk SMS business
  6. Palm Oil Business
  7. Restaurants business etc

It’s about discovering a business that you can do and forging forward to learning everything needed to be successful.

Discover a business you believe you can do well in, research on the business, draw your business plans and kick off immediately. There are a lot of articles on the business section that will help you a great deal.

GOOD LUCK. WISHING YOU SUCCESS!

YOUR TURN

What kind of business would you recommend to Mr. James? Use the comment box. You never can tell how far your idea will go in helping him make the right decision.

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