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18 profitable business ideas that will make you money

 


1.Hairstyling

Fashion is a big deal in Nigeria, and there are always women and some men who seek the services of a hairstylist to make their hair. This could be making braids, weaves, crochets, etc., and as a hairstylist, you do not necessarily need to open a shop. You could stay in your house and have people come to you. You could also do home service, where you go to people’s homes to style their hair.

Hairstyling is a lucrative business, and it can be started easily once you have the skill to offer. You could also make and sell wigs and hair extensions that people would buy to use for their hair.

You can innovate your services and offer premium home service. Luxury services means you can charge more per client and increase your profit margin.

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2.Computer training

The world has gone digital, and the ability to use computers and other digital gadgets has become a necessity. As an expert with computers, Microsoft Word, Microsoft Excel, etc., you can start a computer training business, where you train people on how to use the computer to type, print, draw, etc.

You could start with a single computer, and over time, expand the business. Kids coding bootcamps is also an emerging business in Nigeria you can add to your services.

3. Catering service

Food is an essential part of life, and everyone has to eat to live. So, as a caterer, your services are needed by many.

To start with, you can offer catering services at events, where you cook food in large quantities to feed guests. And through your clients, you can get referred to other people, If you are excellent.

Also, some busy professionals require the services of a caterer to cook food for them in bulk, to keep at home. Hence, as a career, you are paid to cook for them, to keep their fridge stocked.

4. Makeup

Makeup is a profitable business, which brings in substantial income, provided you are excellent at it.

The fashion industry is here to stay and makeup is a key aspect of it. Some women require makeup to be done on them for events, such as weddings, burial ceremonies, naming ceremonies, and even for religious gatherings.

So, as a makeup artist, you can offer your services, to glam up these women. Alongside makeup, you can also help them fashionably tie their headgears and still charge them for it.

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5. Auto repair 

Another profitable business is the auto repair business, which has to do with repairing automobiles of different kinds. There are a variety of problems that automobiles of different kinds develop, from time to time. It could be with the engine, vehicle body parts, etc. 

And as an auto repairs, you would get a lot of money from this business, provided you are an expert at your work. You could also get referrals from your clients, to help widen your client base.

6. Car wash

Vehicle owners require their vehicles to be kept clean, at least once a week. And this is where you come in, with your business.

Many of these vehicle owners do not have the luxury of time to wash their vehicles. Hence, they need someone to wash it, and you can do that at a price. You can also decide to charge, based on the kind of vehicle, be it a car, bus, truck, etc.

7. Personal trainer

As a fitness expert, you could start a business as a personal trainer for one-on-one clients, where you help them in their fitness journey. If running a gym is not for you, then you could consider running your business as a personal trainer, helping individuals get fit, stay on their fitness regimen and achieve their body goals. 

Now, in running your business as a personal trainer, you get to charge more, since you would be dedicating more of your energy and knowledge to one client at a time.

8. Social media management 

Social Media Management has to do with using social media to reach the target audience of a business. As a social media manager, you are to plan content, create content, post content online, and monitor engagement.

Social media management is a must-have skill in today’s world, which is ruled by social media and algorithms. As a social media manager, you must be knowledgeable about how various social media platforms work, how to increase followers, engagement and metrics.

As an individual with social media management skills, you can create a lucrative business out of it. Start small with one client’s account, and do a good job. Your work would surely speak for you and bring you more clients to work with.

Managing the social media pages of 6 businesses for a monthly fee of NGN 50,000 means you will earn NGN 300,000 monthly.

9. Blogging

This has to do with opening a blog to write and enlighten people about a particular thing. It could be about lifestyle, personality disorder, business, relationship, anything that you enjoy writing about and that you are knowledgeable of.

Blogging is a lucrative business, where you use your writing skills to make a living, blogging about your chosen topic. From there, people read your content and gain your trust. And if you decide to create a product in your niche, people are more likely to buy, since they trust that you are very knowledgeable in the field.

Blogging allows you to make money online on a daily basis. With affiliate marketing you make a commission to refer products and services to your audience and you can get 30% commission depending on the affiliate. 

10. Virtual assistant

Another surprising profitable business you could start is being a virtual assistant to individuals, who need personal assistants online. These individuals do not necessarily need you to be physically present. They just require you to help manage their schedules online, book tickets, make calls and carry out virtual roles, to make their lives easier.

As a virtual assistant, you have the chance to work, alongside holding a full job. It is a profitable business idea.

11. Egg supply

Another food substance that is highly in demand is eggs. Eggs are a great source of protein and individuals make use of them in various ways. This could be by boiling, frying, making an omelette, etc.

Eggs can be eaten with all manner of meals, ranging from rice, yam, spaghetti, etc. Hence, you could create a flourishing small business out of this, by seeking out a poultry, where you can buy eggs from. Afterward, sell these eggs at retail price to retailers and even consumers.

The profits to be accrued would amaze you. Get started now!

12. Liquid soap

Liquid soap is a much-needed domestic item that is used to carry out various functions, such as washing plates, washing clothes, washing toilets, etc. Making of liquid soap requires the purchase of certain chemical substances, such as Caustic Soda, Nitrosol, Texapon, Sulphuric Acid, foam booster, preservative, colouring, etc.

These items are easy to get and the process involved in making liquid soap is quite simple. It is a profitable business, which helps you to make money on the side, alongside also using the soap for your chores at home. It is a win-win!



13. Affiliate marketing 

Affiliate marketing has to do with advertising and selling the products of other people, with a certain commission being paid to you, on any sales made. Affiliate marketing is an interesting trade, as you don’t require any start-up capital. All you need is your ability to persuade people to buy.

Affiliate marketing is a seamless way to earn money, provided you are selling a good product, which people would benefit from.

To get started, search out for any entrepreneur looking for affiliate marketers. Pitch your sales skills to them, and agree on a commission on every sale made. You are well on your journey to making additional money; go for it!

14. Digital marketing

Digital marketing is a broad field, which involves various skills such as social media management, email marketing, SEO Content Writing, Copywriting, etc.

The world is now a global village, and advertising has moved past traditional means to the online world.

As a digital marketer, your skill is in much demand by companies, non-governmental organisations, individuals, etc., who need to showcase their work online, increase their reach and attract more audience. Digital marketing is an excellent source of income, which you can charge a big deal for if you are skilled.

And trust me, your work online would speak for you. It is a great way to expand your network and grow.

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15. Web design

Web design is a digital skill that involves building and designing websites for individuals, businesses, organisations, and even the government. A website is like a digital store, and every business that would thrive in this twenty-first century must possess one.

So, as a web designer, your skill is in much demand. As a result, you can charge a premium fee for your services. This could even serve as a full-time job, provided you have a large number of high-paying clients, who pay well and even refer you to others.

16. Photography

A picture is worth a thousand words! And memories are best captured in images. Ever gone for an event, where there was no photographer to take pictures? I guess not.

Photography is a profitable business, which pays a lot if you know your onions. As a photographer, you can take pictures for various events, such as weddings, burials, naming ceremonies, birthday parties, official events, house warming, etc.

17. Ghostwriting

Ghostwriting is a lucrative business in the world of writing and publishing. Ghostwriting involves writing for someone, without claiming ownership of the work.

When you ghostwrite, you get the idea for the write-up from your client, but you are responsible for expanding the story. This is a skill that is highly in demand, as some individuals want to become authors but do not have the skills required.

Hence, you can charge them to ghostwrite their books, school thesis, articles for blogs, etc. at a cost. However, you relinquish the rights to these works, as a ghostwriter, as the work legally belongs to your client, and cannot be claimed as yours.

18. Car Tracking Business

Every profitable and lucrative small-scale business starts as an idea. Those ideas are then developed into an enterprise or business. A business idea is an opportunity to grow in wealth, knowledge, and experience. With this opportunity comes a lot of responsibility, which must be borne by the business owner for success to be achieved. 

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