Success in business may not really be all about starting too big. Most times, it may be wise to start small and scale up the business. With that little capital you have, you can actually start any viable business it can afford, and scale up. With 30k capital, there are nice start up businesses you can start in Nigeria, and do very well. Instead of waiting so long to gather a large capital as you may want, you can actually start a small business with the 30k, and raise more capital from there to start any other business of your dream. Because if you keep waiting for a large capital before starting, you may even end up spending the little one you had.
Can 30k Business Be Profitable?
Yes, 30k business can be very profitable. There are a lot of profitable businesses that you can start with 30k out there. Most times, it is not the high amount of capital in a business that guarantees it’s profitability; there are still some low capital businesses that may even be more profitable than the high capital ones.
List Of 30K Businesses in Nigeria
We won’t like to be like some motivational speakers that would always motivate on actions that are not realistic. We must tell you the truth. The economy in Nigeria is currently in a mess, and 30k has almost no value now. If you take 30k to market to buy simple food stuff, it may not even be enough to buy only the basic items.
What are we saying in essence? 30k may be too small to start an offline business, except it’s an online business. However, we can still give you suggestions of some offline businesses you can try out with the 30k. And also show you the some online businesses that your 30k can do very well.
a. Offline Businesses To Start With 30k
1. Akara (Beans Cake) Business
With 30k, you can start frying akara at that your street. If your street is not a good location, you can take the business to the nearby street or junction where is more at a center, that people can easily find you. This business is usually a morning business, and may not stop you from other activities. You can open as early as 6:00am, and close by 11:00am, when most people must have stopped taking breakfast.
This business is really a very lucrative one, but it’s very funny that people neglect it so much. I could remember one girl that was doing the business around our campus then; she was never able to provide enough akara for her customers, despite having few other akara sellers around. Anytime I go there to buy akara, I must stand on a queue for several minutes before I could get one to buy. And the truth is that the girl was making cool money from the business.
All you need to start this business is just a good location, a mortar, pistol, beans, fry pan, and a few others.
2. Kunu or Soya Milk Business
This business can do very well around school areas, campuses, mechanic sites, building/construction sites, markets, or other business areas. You may decide to get a permanent location or move around with Wheelbarrow or truck. The business is more suitable towards the afternoon time; especially from 10:am till evening, when people will be taking their Lunch. The best way to boost this business is to include snacks like snack balls, meat pie, egg roll, fish roll, doughnuts, and so on. Because most people buying kunu from you may need some snacks to take it down.
3. Okpa Business
Okpa is a very popular food especially in the South Eastern part of Nigeria. Many people love eating it because it is a delicious food, and definitely, it lasts longer in the stomach… Lol.
With your 30k, you can start this business and keep generating income on daily basis. All you need is just the skills of preparing it to the best of people’s taste. It’s either you move the business around or you get a permanent location especially within a market, schools/campuses, and so on.
4. Roadside Corn Business
This business is all about roasting corns for sale along the street or road side. Alternatively, you can even cook the corns and move it around.
This is actually a seasonal business, usually from May to October in most parts of Nigeria. This is roughly a 6-mont business, in a year. Within the 6 months, you are definitely going to gather some proceeds from the business.
5. Sale Of Rubber Slippers
Rubber slippers is used by almost everybody; even I, it seems my bathroom wear is a rubber slippers. Not only for bathroom purposes, there are rubber slippers that can be worn outside the house, and there are people that, all they wear are mostly rubber slippers. These people are especially children, young girls & boys, market men and women, and so on. The best places to do this business is around or within market places.
6. Sale Of Nylons
Almost all businesses especially provision stores, need different kinds of nylons for packaging items bought by customers. With 30k, you could start supplying these nylons to business owners, either with your motorcycle, bicycle, or other means available. You can even get a stand/location around or within a market. People will always come there to buy nylons from you.
7. Beans & Plantain Porridge Business
This is another 30k business that you can try out. It is no doubt a very popular business today, especially in the South Eastern parts of Nigeria. You must have seen or patronized those people that sell beans & plantain porridge; those people are doing well in that business. It’s a very rich street food you can hardly find in any restaurant, and that’s why any class of people still patronize them. Some people even include roasted yams in the business.
8. Onions business
According our findings, a bag of Onions in Nigeria sells at an average price of N25,000 to N35,000. And usually cheaper in the Northern part of Nigeria. With your 30k, you can get a bag of onions and resell them to final consumers at any busy market. You can always use Wheelbarrow or sample them on the floor, around or within a market.
9. Pop Corn Business
Pop corn making is a very nice business you can start with 30k in Nigeria, and be making your profit on daily basis. According to our check, popcorn machine costs about N15,000 and above, depending on the type. You can get any of the affordable machines that can serve you. You can even buy a second-hand machine at a very lower price, so you can have more balance to buy more maize for the business. This business sells very well around schools/campuses, market areas, street junctions, and so on.
10. Baby’s Okirika Business
Most mothers prefer buying Okirika for their babies, for their daily casual wears. Because babies can easily dirty their clothes within a few minutes; making them always needing a lot of clothes. And Okirika wears is always the best, as they may be cost effective, and easier to wash. With your N30,000, you can get a “bale” of baby’s UK used clothes. You can always visit different markets on market days, to do this business, or get a permanent location.
11. Fried/Cooked Groundnut Business
Groundnuts are always available at any season, and people eat them always; whether fresh ones or dried ones. When you check some junctions, streets, or markets, you will always see people selling fried or cooked groundnuts. And these people are earning their proceeds on daily basis.
12. Fruit Business
These could be banana, cucumber, water melon, oranges, or any fruit that people love around you. Just get the number of fruit combinations that your N30k can afford.
13. Sale of Vegetables
You see those women that sell cooking vegetables? They are actually making a living from the business. It is not really a business for only women, anybody can do the business. I have even seen husband and wife doing the business together. This business do well mostly within a market or mini markets close to campus.
14. Fish Business
This involves selling cooking fishes for domestic uses. This business do very well in markets or mini markets close to campus.
b. Online Businesses To Start With N30k
In case you prefer to do online business, there are a lot of online businesses out there that you can start with your 30k and make cool money from them. In fact it may even be easier to do online businesses with N30k, than doing offline businesses with 30k. However, any of them is possible, it’s all about choice.
Just check through our list of online business ideas below, you can start any of them with 30k.
Conclusion
While some of the offline businesses listed above may not appear too neat to you, they are actually very feasible with N30k. It is better we give you real ideas than giving you ideas that may appear so good but will never be realistic with N30K. However, all the businesses discussed so far are very profitable if done very well.
