Top 20 Daily Income Business
Top 20 daily income business in Nigeria. Today, i will be talking about the top 20 daily income business in Nigeria which you can start today.
These business ideas have great potential, and the capacity to help you generate millions.
However remember the success is in the planning, and your capacity to execute your plan.
There are some key elements that you should assess before committing to any business venture.
Once you have these elements in place, you are just a few steps far from business success.
Top 20 Daily Income Business in Nigeria
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The Top 20 daily income business in Nigeria are:
Fast Food business
You need decent customer service, managerial know-how and capital to set up an eatery and make sure that everything runs professionally.
You can set out all alone and create your own brand.
Or buy in to an already established business franchise, such as, Mr. Biggs.
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Electronics Repair Business
To begin an electric repair business is simple and you should learn every one of the ropes. An electric repair business has unlimited profit potential and a low start-up cost.
This industry brags of many people who have done really well for themselves.
People have continued to need the services of an electrician in Nigeria.
Gaming Business
Many people love games. This is one of the things that ought to drive you.
Starting a gaming business requires that you initially lean the ropes from those who have gone before you.
After you have done that, then you can begin to take a gander at how to set your own business up.
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Hotel business
This is a goldmine industry if you can get it right, yet the competition in this sector is quite high.
To dispatch and keep up your hotel you will need a large measure of capital.
It takes planning, patience and diligent work to begin a hotel business.
An abnormal state of customer service abilities is additionally required to pull in new and returning guests.
Kerosene retail
You can set yourself up as a supplier to make your millions rapidly.
Kerosene is used in many homes in Nigeria, and Africa due to inconsistent power supply.
This is one of the most lucrative business opportunities in Nigeria.
Entrepreneurs have been known to receive 100% returns on their first investment.
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Clothing Store
The clothing store (boutique) industry comprises of little retail stores.
Some of them sell a limited range of clothing and accessories.
The industry is defined as single-establishment stores as it were.
Clothing stores (boutiques) can be entirely designer based (i.e. just a single designer’s collection is sold there).
They may sell a blend of designers’ labels (brands) that are specifically catered to the neighborhood market.
Haulage services
Given the poor rail transport system in Nigeria.
A large part of the goods are shifted by street.
And this makes the haulage business in Nigeria extremely lucrative.
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Snail rearing
This is one of the many business ideas in Nigeria.
The business requires very little capital and low investment. snails need simple vegetation to eat.
They reproduce at an alarming rate.
You should invest in housing and protecting them.
As snails are delicate. these creatures keep their moisture to survive.
There is very little competition in the industry. you can enjoy making profits without many challenges.
Auto and machinery spare parts
As Nigeria’s economy grows, so does our manufacturing industry.
This has driven a quick increase for capital goods.
Such goods include machinery, greases, spare parts, metal balls.
Other are mechanical goods and accessories.
The key is to find a decent supplier from abroad.
UAE-based businesses have since emerged as the leading supplier of these commodities to many countries and nations within Africa.
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Poultry farming
This is huge business, and you can begin with around 100 poultry birds.
Merge it with a large-scale enterprise within a brief period.
You can make money from selling chicken eggs, or chickens for meat.
This is a top business startup idea.
Transport business
The transport business in Nigeria is a little messy as at now.
It is quite a profitable venture to key in.
In Nigeria today Transport business can help you make millions every year.
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Fruit Juice Making
It is a capital-intensive business.
Yet, if you can manage the assets you can grow as large as Chivita or La Carcella. This is so given the amount Nigerians who love their fruit juice.
Tokunbo trade
Fairly used business items in Nigeria are very lucrative.
A lot of Nigerians need to spend as meager as possible to buy second hand items.
For example, clothes instead of buying new ones.
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Dry Cleaning and Laundry
Float a professional dry cleaning business. keep your rates low and service quality quite high.
This type of business is especially profitable in a major city, or urbanized area.
Pure Water Production
Although this business needs some capital investment.
It can be justified regardless of your effort and money in the long run provided you can manage pure water production. keep the quality intact over a while.
Your choices are to sell as sachet, bagged or bottled water.
Top 20 Daily Income Business
Professional Car Wash
It can be a decent business if you choose a place like Lagos.
Here, you will be able to find a number of good autos.
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Internet Business
You can offer quick Internet connection at affordable month to month rates.
Manage it well enough to make huge amounts of money.
Nursery and Primary School
There is an absence of good schools in the nation.
You can set up brilliant nurseries or grade schools to make millions.
Online tutorials Business
You can easily set up an online tech business and make a much measure of money within a year or two.
This is a simple business and you don’t have to be a tech expert to run in this sector.
I’ve known people set up these types of businesses, and outsource the work to tech professionals.
Top 20 Daily Income Business
Furniture Business
Buying and selling of furniture yield a large amount of profits.
You don’t have to be a carpenter.
You can just contact reliable carpenters in your area.
Arrange a steady supply of furniture items to show in your showroom.
This is a major scale enterprise due to the way that exclusive a few people can afford imported designers.
Do you agree with my write-up, and are there other lucrative businesses that you can think of?