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What kind of business can I start with 50K?

Posted on May 7, 2020 by Author

Table of Contents

  • 1 What kind of business can I start with 50K?
  • 2 What can I do with 50K?
  • 3 How can I invest $40000 in real estate?
  • 4 Can I start POS business with 20k?
  • 5 What is the cheapest business to start?
  • 6 What are some good business ideas?

What kind of business can I start with 50K?

Businesses you can start with 50K or less

  • Food Business:
  • Plantain chips business:
  • Popcorn business:
  • Candle production:
  • Sales of mobile accessories:
  • Bead making and wire works:
  • Sales of perfume and other cosmetics:
  • Hair/Barbing saloon:

What business can I start with 50K in 2020?

20 Businesses You Can Start With 50,000 Naira in Nigeria

  • Baking Business. Baking is a thriving business in Nigeria.
  • Fast food Business. The importance of food can never be overemphasized.
  • Plantain Chips Business.
  • Selling Drinks and Water.
  • Small Scale Farming.
  • Smoked Fish Business.
  • Soap Production.
  • Home and Beauty Products.

What can I do with 50K?

Here are ten ways to invest 50k.

  1. Invest with a Robo Advisor. One of the easiest ways to start investing is with a robo advisor.
  2. Individual Stocks. Individual stocks represent an investment in a single company.
  3. Real Estate.
  4. Individual Bonds.
  5. Mutual Funds.
  6. ETFs.
  7. CDs.
  8. Invest in Your Retirement.
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Can I start POS business with 50k?

A minimum balance of N50,000 is adequate to begin the business. The cost of starting is also reduced by the fact that you do not need a fancy shop to host the business. Many of such businesses in Nigeria are simply a table and chair placed in a strategic location or a wooden shed.

How can I invest $40000 in real estate?

Starts here9:23How To Invest In Real Estate With ONLY $40,000 In 2021 – YouTubeYouTube

What business can I start with 60k?

Business opportunities available for $60,000 and less:

  • Time To Eat Delivery. For $55,000 you can have your own corporate grocery and restaurant delivery business.
  • Commercial Capital Training Group.
  • Healthy YOU Vending.
  • System Centric.
  • Turnkey Ecom Store.
  • Solar Grids.
  • Chem-Dry Carpet Cleaning.
  • The Lending Network.

Can I start POS business with 20k?

Many people have wondered if one can really start up a business in Nigeria with such amount of money? The answer is YES you can.

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What is the cost of a POS machine?

Questions & Answers on POS Machine

Type Min Price Max Price
Automatic Rs 2360/Piece Rs 84000/Piece
Manual Rs 3000/Piece Rs 12500/Piece

What is the cheapest business to start?

Used Book Sales. The profit margin for used textbooks is high,so this venture can be especially lucrative if you live in a college town.

  • Bookkeeping Services.
  • Consulting.
  • Dog Walking and Pet Sitting.
  • Child Care.
  • Virtual Assisting.
  • Tutoring.
  • Senior Companion.
  • Contracting and Cleaning.
  • Errand Service.
  • What is a good business to start?

    Pet Sitting. More and more people are looking for someone to care for their pets when they can’t.

  • Residential Cleaning Services.
  • Delivery Services.
  • Grass Cutting and Snow Removal Services.
  • Scrapbooking.
  • Hauling Services.
  • EBay Selling.
  • Gutter and Siding Cleaning.
  • Event Planning.
  • Gardening and Landscaping Services.
  • What are some good business ideas?

    Start a Blog. This is one of the best low-cost business ideas you can start today.

  • Graphic Design. This business idea is great for creative types.
  • Web Development. Most people in this business start by learning how to code.
  • Web Design.
  • Online Courses.
  • eBooks.
  • Instagram Marketing.
  • Online Coaching.
  • Podcasting.
  • Amazon Reselling.
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