Thinking of a business to invest your money on? Here are are top 20 Most lucrative business ideas in Nigeria today you can try. Business is one of the best ways to make money and live a healthy lifestyle in Nigeria. This list of top 20 most lucrative business ideas in Nigeria today is picked from experienced business researcher and analysts ysgMesh. I had the cause to research on this top 20 most lucrative business ideas in Nigeria today for my readers which I believe is perfect for anyone intending to start a new business venture.
This business ideas have been proven by our readers who have partaken and received our newsletter as a time tested, carefully selected, high performing businesses you can stake your hard earned capital on and be sure of making profit.
Look at what our top visitors had to say about the listed businesses.
According to Lorita from Enugu she said our Top 20 Most Lucrative Business Ideas In Nigeria Today really helped her to achieve her goal as she never new that making of fruit juice is such a lucrative business until she started it fully with the help of YSGMarket where she got a newsletter after signing up for our weekly subscription.
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Now lets go deep on the top business ideas in Nigeria you can try today. Please remember to Click on each of the business ideas listed below in order to explore a more detailed explanation given to each business of your interest.
TOP 20 MOST LUCRATIVE BUSINESS IDEAS IN NIGERIA TODAY
- Importation of tiles
- Hotel Business
- Fast Food
- Transport Business
- Foodstuff Business
- Dry Cleaning
- Investing in Property
- Nursery and Primary School
- Online Advertising Agency
- Fashion Business
- Building Materials
- Show Biz and Media
- Pure Water Production
- Poultry Farming
- Cassava Production
- Oil and Gas Business
- Sale of furniture
- Investing in internet Companies
- Cyber Cafe
- Professional Car Wash
1. Importing of Tiles
Tiles importation is one lucrative business that people have not really observed. Many China tile companies are able to produce roughly 25,000 square meters of tiles per day. They are ready to export any volume of order at any time. This is a cool business which you can try today. I learned from my research on how Nigerians make money even on importing tiles that has company’s error but sell and make gain once it gets to Nigeria. This is one of the top 20 most lucrative business ideas you can start in Nigeria today.
If you want to try your hand on importation of tiles you can learn how to import tiles from this linkedin post https://www.linkedin.com/pulse/how-import-tile-from-china-complete-guide-amy-guo
2. Hotel Business
Hotel Business has forever been a good venture but the truth is that you have to hold some bags of cash to think about this. This is an establishment that provides lodging and, often times, meals and other services for travelers and other paying guests which stands to mean that its a steady business. If you are ready to invest your money on hotel business see how to start it.
Steps to Starting a Hotel
If you want to start a hotel, follow these steps:
- Determine the type of hotel you would like to start (e.g., how many rooms, luxury vs affordable, etc.)
- Determine the ideal location(s) for your hotel
- Determine whether you will build your hotel from scratch or renovate an existing structure
- Speak with architects and others who will be involved in building/renovating your hotel to determine costs
- Speak with local government to understand zoning and permit issues and associated costs
- Develop your hotel business plan that details your strategy, plans and financial projections
- Present your plan to investors and lenders to raise the required funding
- Build/renovate your hotel
- Recruit and train your hotel staff
- Purchase the required systems (e.g., reservation system, accounting software, etc.) to effectively manage your hotel
- Launch your pre-opening hotel marketing plan
- Open your hotel to the public
3. Fast Food
Fast food is one of the top 20 lucrative business you can do in Nigeria and it holds lots of great business promises. People always go for quick and usually cheap foods and fast food gives them this convenience. Fast food is one type of business opportunities yo can try today. I am sure there are a lot of posts on the internet with the ideas on how to start and run a fast food business.
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