What profitable business can I start with 200k?

What business can a man start with 200k?

With just 200k to spare, you could start one of the most successful businesses in Nigeria.

Businesses to Start with N200,000 in Nigeria

  • Bakery. …
  • Sales of Phone Accessories. …
  • Popcorn Business. …
  • Sales of Perfume and Creams. …
  • Barbing Saloon. …
  • Mini Importation. …
  • POS Business. …
  • Forex Trading.

What business can I start with 300k?

Table of Contents Hide

  • #1. Tailoring.
  • #2. Barbershop.
  • #3. Hair Salon.
  • #4. Sale of Hair Extension.
  • #5. Sale of Clothes.
  • #6. Dry Cleaning Service.
  • #7. Football Viewing Centre.
  • #8. Cyber Cafe.

What can I start with 200k?

Business you can start with 200k

  • Paint production: with 200k you can start a paint production business. …
  • Logistics: you can also start a logistics business with 200k, depending on the resources available. ( …
  • Food business: with 200k you can start a food business and make cools profits. (

What should I do with 200k?

Table of Contents

  1. How to Invest $200,000 Starting Today.
  2. Invest in the Stock Market.
  3. Invest in Real Estate.
  4. Invest in Cryptocurrency.
  5. Buy a Business.
  6. Invest in Gold.
  7. Open a Solo 401(k)
  8. Your Investment Style.
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What business can I do with 200k?

Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.

  • Open a Restaurant.
  • Start a Fumigation Business.
  • Laundry and dry cleaning services.
  • Starting your own home services.
  • Importation of wears.
  • Livestock farming.
  • Car wash center.
  • Corporate cleaning services.

What business can you start with 250000?

Business opportunities available for $250,000 and less:

  • Time To Eat Delivery. For $55,000 you can have your own corporate grocery and restaurant delivery business. …
  • Commercial Capital Training Group. …
  • Healthy YOU Vending. …
  • Sure Step. …
  • Solar Grids. …
  • Turf Distributors. …
  • The Lending Network. …
  • Sam The Concrete Man.

What can I start with 500k?

In this piece, you will find 10 Businesses You Can Start with 500k in Nigeria.

  • Mini Importation Business. …
  • Sales of Clothes and Shoes. …
  • Barbing Saloon Business. …
  • Football Viewing Center/Game Center. …
  • Hair Dressing. …
  • Real Estate Business. …
  • Block Moulding Business. …
  • Computer Service Center.

What kind of business can I start with little capital?

If you want to start a low-cost business, these 25 ideas will help inspire your entrepreneurial passion.

  • Content creation. …
  • Personal or virtual assistant. …
  • Event planning services. …
  • Errand/concierge service. …
  • Professional reviewer. …
  • Social media consultant. …
  • Etsy shop. …
  • Online courses and tutoring.

What small scale business can I start?

There are a variety of best small-scale industries for those interested in starting their businesses.

  • Cake Baking Business: …
  • Candle Making Manufacturing Business: …
  • Pickles: …
  • Incense Sticks or Agarbattis and Camphors: …
  • Handmade Chocolates: …
  • Papad and Other Roasted/Fried Snacks: …
  • Jute Bags: …
  • Organic Soaps:
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Is POS profitable?

The POS business is very profitable in Nigeria. This is partly due to the lack of access to banks within rural communities and remote settlements. Once you have a good location and have built trust with the locals, you can be making as much as ₦7,000-₦10,000 Naira on average, daily.

What will 200k be worth in 20 years?

After 20 years: $238,224.

Is 200k cash a lot?

An annual household income of $200,000 is nearly four times as much as the median annual income in the United States. But although bringing in that much puts you in the upper class, it doesn’t guarantee that you’ll feel rich. … They’re rich by many standards and yet they appear to be just getting by.

How much is 200k salary?

On a £200,000 salary, your take home pay will be £117,161 after tax and National Insurance. This equates to £9,763 per month and £2,253 per week. If you work 5 days per week, this is £451 per day, or £56 per hour at 40 hours per week.