Starting up your own business is not as hard as you have always thought. The major thing you need is information. The opportunities are endless these days, largely due to the technological advancements.
You have probably been in search of that start up idea. Don’t sweat; we have packaged a list of seven awesome in-demand business ideas in Nigeria for you to choose from.
Agriculture is one of the largest sectors in Africa. Farming use to be a sector young people considered as old-fashioned but today, the story is different. With over 170 million people in Nigeria, and a prediction of population increase, venturing into agribusiness is a great idea.
Over the years, the Government of Nigeria has given farmers access to loans, in order to foster the development of the sector.
Agriculture is a wide sector. Some sub-sectors include: Poultry, Snail Farming, Fish Farming, Cassava Farming, Palm oil Farming, Consultancy and so on.
With the advent of technology, many agribusiness owners can now market their business easier and faster. Technologies like social media, websites and print marketing have proven a good yield for agribusiness owners.
It is a startup idea you surely can consider.
2. Web and App development
This is probably the most sought after skill in recent years. Companies are interested in creating and maintaining websites and apps for their businesses. Every serious business surely sees the need to own a website, and that presents opportunities for web and app developers.
As a web or app developer, you can work from home and at your terms. It is a soft skill that is so valued in the world of business today. You can help businesses create websites or apps and make good money from it.
Requirements: A computer, Learn a programming language.
Professional photographers are in high demand these days. With a photography skill, you can cover weddings, corporate events, family portraits, and more. And because you can build this business out of your home, a freelance photography business has relatively low startup costs. You are in charge of your client load and schedule, so photography is great start up idea.
You don’t have to know all about photography to start out. Online tutorials are available; many of them for free.
Requirements: A good camera and editing software like Photoshop.
4. Event Planning
Individuals and companies are increasingly hiring event planners to manage the design, logistics, and organization of major events. You just need to execute one great event, to start, and your event-planning business will expand.
Requirements: Administrative and communicative skills.
Nigerians are keen on solid education for their kids, with many of them spending thousands on extra tutorials. The typical sequence is Daycare, Nursery, Primary, Secondary, and Tertiary. Opportunities abound here.
You can start up a tutorial and teach subjects you are comfortable with. In addition to that you can get tutors to teach your client and pay them from your earnings.
You can also try out the non-traditional education sector like special education, adult education and so on. Further, you can set up educational websites and provide educational resources/services from your site. You can check out how to set up a site with Meebol.
6. Real Estate
Real estate is one major sectors in Nigeria now. Real estate companies are now focusing on either residential or commercial real estate, the opportunities in the industry are increasingly interesting. At first real estate businesses were basically run through offline sales channels, but that has changed a lot. Real estate companies have embraced the opportunities in technology; launching online stores and social media marketing.
You can start up a real estate business, or become an agent, getting commission on every sale you bring to a real estate company.
Starting up an online office where sellers can meet buyers like ToLet is also a great idea to get on with. You can help individuals or companies sell their properties online and you get your commission.
7. Digital Marketing
It doesn’t cost much to start up a digital marketing business. It literally costs you information on how to use modern technologies like social media and online advert companies like AdSense. Individuals and companies are increasingly in need of a digital marketer to help promote their business and reach targeted customers online. It is a skill that requires so little to start with. Your smartphone can be used to start a digital marketing business.
No business owner wants to keep his or her brand in the dark. And not to be on the internet is to be in the dark really. So digital marketing is a great idea to look into. You can work from the comfort of your home, or make it a side job.
So which of these ideas ties the knot for you?