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What Business Can I Start With 50,000 - Investment - Nairaland 4m2j4n

What Business Can I Start With 50,000 (1248 Views)

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Chiden(f): 5:22pm On Apr 23, 2022
I have a shop somewhere in Jikwoyi, Abuja. I started with selling Attachments and i didn't succeed with it. I had to sell off the attachments to a neighbor at wholesale prices (even lower) on credit too. Shop rent's counting and there's nothing in the shop cry I would want to borrow from Fairmoney or carbon and start up another Business. But this time I would want something that will sell, I'm thinking raw foodstuff but I don't have enough capital for it.


(Moreover, Business in that environment is really slow)

I'll like to know what possible Businesses one can start with 50k or less please
ugnoble: 5:36pm On Apr 23, 2022
Chiden:
I have a shop somewhere in Jikwoyi, Abuja. I started with selling Attachments and i didn't succeed with it. I had to sell off the attachments to a neighbor at wholesale prices (even lower) on credit too. Shop rent's counting and there's nothing in the shop cry I would want to borrow from Fairmoney or carbon and start up another Business. But this time I would want something that will sell, I'm thinking raw foodstuff but I don't have enough capital for it.


(Moreover, Business in that environment is really slow)

I'll like to know what possible Businesses one can start with 50k or less please

Your best bet would have been Foodstuffs, as it's what people readily needs.
However, the issue is with the funds you have.

Modified:
You can also see if selling bags of pure water is profitable, if so, you buy and resale on a slightly higher price than wholesale price.
The 50k can go a long way since you already have a shop.
Chiden(f): 7:24pm On Apr 23, 2022
ugnoble:


Your best bet would have been Foodstuffs, as it's what people readily needs.
However, the issue is with the funds you have.

Modified:
You can also see if selling bags of pure water is profitable, if so, you buy and resale on a slightly higher price than wholesale price.
The 50k can go a long way since you already have a shop.


Just water? Would it really sell? Although I'm surrounded by people who sell drinks and water too
completey(f): 8:47pm On Apr 23, 2022
Chiden:
I have a shop somewhere in Jikwoyi, Abuja. I started with selling Attachments and i didn't succeed with it. I had to sell off the attachments to a neighbor at wholesale prices (even lower) on credit too. Shop rent's counting and there's nothing in the shop cry I would want to borrow from Fairmoney or carbon and start up another Business. But this time I would want something that will sell, I'm thinking raw foodstuff but I don't have enough capital for it.


In whatever decision you eventually take, please dont borrow money to start a business. If you do, you will plung yourself into huge debt.

You said business is slow in that area, here is my candid advuce; you dont need a shoo for now.

You can start dropshipping to raise money(you don't need money to start this). Gradually, you will be able to save money to start your business.

If you have the 50k on ground, you can test some product on your whatsapp status, navigate your environment, look for what people want and often buy, you can invest on that and start selling from your room .

(Moreover, Business in that environment is really slow)

I'll like to know what possible Businesses one can start with 50k or less please
Chiden(f): 9:11pm On Apr 23, 2022
[quote author=completey post=112216996][/quote]


Thanks a Lot
buttlover(m): 9:11pm On Apr 23, 2022
nigger, pack up and rent out your shop. use the 50k to eat good food. no business with below 500 k survives in abuja unless you sell like market woman

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Chiden(f): 9:52pm On Apr 23, 2022
buttlover:
nigger, pack up and rent out your shop. use the 50k to eat good food. no business with below 500 k survives in abuja unless you sell like market woman

I'm a lady Sir
Sirlancelort(m): 10:00pm On Apr 23, 2022
Chiden:
I have a shop somewhere in Jikwoyi, Abuja. I started with selling Attachments and i didn't succeed with it. I had to sell off the attachments to a neighbor at wholesale prices (even lower) on credit too. Shop rent's counting and there's nothing in the shop cry I would want to borrow from Fairmoney or carbon and start up another Business. But this time I would want something that will sell, I'm thinking raw foodstuff but I don't have enough capital for it.


(Moreover, Business in that environment is really slow)

I'll like to know what possible Businesses one can start with 50k or less please

you are already thinking of what I have to offer which is raw food stuff, peace ✌️.

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Kingkyle1(m): 10:11pm On Apr 23, 2022
Food services won't be bad.
Early momo akara and soft breads
noodles
Satchet water
Etc

1 Like

Skillsnigeria: 3:59pm On Apr 24, 2022
Hmmm
ugnoble: 6:36am On Apr 25, 2022
Chiden:



Just water? Would it really sell? Although I'm surrounded by people who sell drinks and water too

Sorry I'm replying late, I have been away.

Yes, selling just water can give you profits if people around get to know you're a major dealer and if yours is a bit lower in price.

And just like someone suggested up there, consider Akara and Bread Business too since you're a lady. Just don't frown on it as it also generates good income.

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Chiden(f): 7:36am On Apr 25, 2022
ugnoble:


Sorry I'm replying late, I have been away.

Yes, selling just water can give you profits if people around get to know you're a major dealer and if yours is a bit lower in price.

And just like someone suggested up there, consider Akara and Bread Business too since you're a lady. Just don't frown on it as it also generates good income.


Alright Sir

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