One thing you need to know about these businesses is that some are new and flexible. But if you have street smarts and the right team and you also have the passion and you are ready to risk, these businesses can end up fetching you more than you expected.
In these article, you will get to know about the business that can fetch you a whole lot of money monthly.
Here is the list of the businesses
(1) A web designing agency
A lot of business owners are creating websites for their business and that's because they all want an online presence, they want to be noticed online. Because the Internet makes the world go round. The volume in this trait poses an opportunity for lots of web developers and agencies, the business is becoming lucrative these days.
If you are a website designer, you can promote your business in different channels, ranging from SME events, social media networks like Instagram, Linked In, pinterest, and many more. Those are nice places where you will good client's.
The motive of being a website designer is to help business owners have an online presence. If you want to venture into this business, they are somethings you will need which includes a computer or laptop, the website design skill and a portfolio and channels where you will reach out to different of clients.
(2) Agric business
Nigerian Agric business is one of the largest business in Nigeria, due to the population of citizens in the country, we have over 170 million people in the country, And that is why the agribusiness will continue to remain lucrative in the country.
Some reserve areas in the industry are already flowing in millions, examples are cassava farming, poultry farming, fish farming, palm oil farming, and other types of farmers. These farmers are making it big in the industry. Agriculture has a lot of business ideas one can venture into.
They are two basic things you will need for this business which is the agribusiness idea, where you will focus on and high yield.
(3) Education
Education is something people take so important. Most especially the moneyed people in Nigeria. The particular classification of education is a daycare, nursery school, primary school, secondary school, and higher intuition.
This a good investment for people from a wealthy background.
You can also decide to venture into none traditional education like adult education, special education, educational technology, educational websites, and educational resources. This business has a vast spectrum to cover to keep the money flowing. All you just need is to choose an education niche, go for training and start your business.
(4) Digital advertising agency
These days there are tons of businesses getting underway in every area. Remaining afloat could be a big task. That's where the business rises.
If you have an advertising agency, you can help brand owners and business owners build their clients by helping them create effective campaigns.
They are tons of companies out there that are ready to pay you to help them build their customer base. If you are a professional copywriter, you can unite with other copywriters just to keep your business moving steadily.
All you need is to run a successful advertising agency and also learn how to build mobile apps, and also know how to coordinate a good campaign that will go viral in no time.
(5) Smartphone retailing
Whether you are a phone retailer or you have a phone store, keep in mind that you will earn a lot of money from this business. The smartphone business is very lucrative and the business is moving very fast in Nigeria. An example of phone companies where you will get various phones is slot, the company has a huge customer base. People go there to buy different phones
This business is popular and very lucrative, so you need to try various techniques just to attract lots of customers to buy your products.
(6) Retail store
The retail store is another lucrative business in Nigeria. Lots of people are in need of different things like groceries, medication, and a lot of things. Having a retails store could be a good source of income. Its not compulsory you start the business In a large strategy. But you can start by just opening a little store and you will earn passive income. As time goes on you will expand.
You can start by ascertaining a small grocery store or fashion items and earn a decent amount of money.
What you need for this business is to know what people want and also understand the business.
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