This post contains the 20 Best Home Based Business Ideas in Nigeria. We hope you will be able to capitalize on one of these business opportunities this year.
A Quick Overview
Doing business in Nigeria has become so popular and sought after that even undergrads are planning how to take over the business scene.
With the current rate of unemployment in Nigeria and a lack of job opportunities, everyone is looking to start their own business.
Nigeria’s 20 Best Home Based Business Ideas
Most importantly, in order to start a business, you will need some startup capital, which will include store or office space, raw materials, equipment, and other items.
However, you may be surprised to learn that the cost of obtaining a store or shop space is so prohibitively high that you must seek alternative means of obtaining your own shop space, particularly if you live in Abuja, Port-Harcourt, or Lagos.
You should budget between 100,000 and 200,000 naira for a shop or office space. Imagine having to spend such a large amount on just the shop space, and then what about your raw materials, equipment, and other things you need to put in the shop; thinking about all of this will cause one to lose interest and focus on attempting to start a business.
Nonetheless, there are business ideas that you can start on your own without having to break the bank for shop space.
Why Do We Go into Business?
The good thing about the business is that it can supplement your income if you already have one. It also makes you your own boss, allowing you to do what you want when you want. In general, business gives you control over yourself.
Starting Your Business At Home:
There are some few good reasons why you should opt for a business at home, which are:
• It gives you your own time and work space
• Due to the expensive cost of a shop space, you can start at home.
• It gives you a particular location to focus on, rather than moving from shop to home and home to shop
• The money for a shop space can be put into your business to boost your product sales.
• Starting from home, if you have a good business spirit and determination to succeed, it helps you to work on yourself and put in more effort to grow your business so you can conveniently get your shop space.
• Looking at all these reasons, you will discover that there is a good reason for you to think of getting something to do at home, even if you are not employed or you have a job already, you can think of something you can start on your own, rather using those free leisure hours to do nothing.
Tendency of Business Success:
No matter how easy it sounds as you read or you must have heard somewhere else, starting from home will not make your business blow within some months, even with real and consistent hard work, it would take within a minimum of 6months for you to get a steady flow of income and then you can start reaping profits, but within a year, you can confidently decide on expansion.
Starting a business from home is not as easy as it is said; it only gives you that comfort of working at your own time and pace, so you can either convert this free time of resting into growing your business to be a business model to others.
Let us take a look at a minimum of 20 business ideas which are home based.
20 Home-based Business Ideas:
1. Graphics Design
Do you know that you can be a graphics designer from home? Now you know. You do not have to rent a shop or office to be one.
Just advertise yourself using word of mouth and all available social media channels available WITHIN YOUR ENVIRONMENT and you are sure to get patronage with time.
2. Freelance Writing
There are so many freelance writing jobs available in Nigeria today. Many people are looking for individuals who are good and creative with writing to help them with various writing gigs.
Good part of this is that you can work from home, and be paid, no need of office, just your social media profile or handles and a business card.
You can even get jobs from outside the country; just register with online freelancing platforms. If you do not know how to go about this, you can search online for articles to guide you.
3. Shirts Production/Customization
This is another lucrative business to start from your home in Nigeria. On our site there are articles on how to go about this business. If you follow them strictly, you can start your own shirt company successfully.
4. Digital Marketing
The business of marketing has upgraded and it is now online. People are looking for digital marketers to help them create awareness about their products or services. You could be on your way to popularity and financial freedom by being a digital marketer.
This is one lucrative business that has helped people become millionaires. This business allows you to work at your own time and in your house, you do not need an office space at all. Just choose your niche, develop passion for it, get a laptop or Pc and start working.
Yes, photography. Many people will think that being a photographer has to do with you having a photo lab, studio with lots of camera, but No, you can have your camera and your editing equipments and be on your way to being a great photographer.
I know of a photographer in Ibadan who started as a novice, with just a camera and fast forward to now, he is married already, sells cameras and puppies.
He does not have any studio, yet he has a great photographic sense and skill which has helped him to build he’s photography Career.
We do see a lot of tailors in their shops or office space, but most of them started from their rooms. You too can start up from your room, with your tailoring skills, a sewing machine and some materials, and you are good to go.
8. Snacks Production
Lots of Nigerians love to eat snacks when they feel hungry. This is mostly due to lack of chance to prepare a nice meal or busy schedule at the office and many other reasons.
People love to get snacks because it is quick and able to hold their system for a while till they can get real food. You can go into snacks production, just from your home and sell from your home or supply to shops. If you are good at what you do, you will get a steady patronage daily.
9. Baby Day-care
Many busy mothers have little time to take care of their young babies. So they opt for day-care homes to look after their kids while they are at work and they get them back after work. So if you have a comfortable home and a flair for kids, you could start this business and earn good money.
10. Tutoring Classes
Being a tutor is another great way of making money at home. Choose your preferred area of tutoring and sell yourself to the public around you.
Young students waiting for jamb exams or secondary school and primary school students have their weak subjects, especially Mathematics, physics, chemistry, literature. If you are good in any of these, you could start from your home and get paid for doing it.
11. E-payment or POS Business
Because of the busy nature of banks these days, people look for online payment options which make transactions easier and payments easier for them.
So you can get a POS machine at home and begin to make online payments and transactions for your clients around you.
12. Snail farming
Rearing snails is one form of agricultural business which will not cost you much at all, the expenses are less, but the profits rewarding. That space in your backyard can be used to rear your snails and within a year, you can sell off to make a huge sum at the end.
13. Cake Making
For every little celebration or gathering, people use cakes. Every day, a birthday is celebrated by someone. You can make use of these opportunity of learning how to make cakes and be a cake maker from your home, all you need is your oven and ingredients and a contact so your prospective clients can reach you..
14. Bead making
Our ladies love to wear beads around their necks. If you are good at making these beautiful ornaments, you can start from home and sell to people around you. All you need is the skill and your equipments.
15. Manicure and Pedicure
If you are good at manicure and Pedicure, you can start such services from your home; you do not need a saloon space to start.
You can even go into home services which will even provide an avenue for you to charge extra for the home services.
What you need to stand out is your expertise and professionalism at what you do. In a place like Lagos or Port Harcourt, in a week, with good patronage you can make over #10,000.
16. Recharge Card Business
Sales of recharge cards has been a normal business which has been done from the comfort of homes, many people around you in need of recharge cards for data subscriptions and calls. You can start this from home and even include virtual top-up among your services.
17. Card making Business
People use greeting cards to send their best wishes and felicitations to their loved ones. If you are an expert in designing and arts, you can opt for this business, starting from your room and sell to those in need.
18. House Cleaning Services
This business is a booming business in Lagos especially. People who have houses that they do not have time to clean it up, do employ the services of a cleaner.
You can start as a house cleaner for a good sum; some do charge #5,000 per house for a day. Imagine being able to clean 3 houses in a day which gives you #15,000 which is a good sum for a day’s hard work. This is especially in Lagos and maybe Abuja.
19. Popcorn making
Have you recently noticed the way people purchase popcorn nowadays? Yes it is gaining prominence, Doing this from your home with right packaging will give you a great advantage if your product steps into the market.
20. Home service Barber
Getting a haircut nowadays is the best way for any guy to look good and attractive. That is why, nowadays a lot of guys queue up waiting for their turns at a barbing saloon to get a haircut.
You could offer services at home to people who are willing to pay and if your skills are good, you can establish a good customer base.
Best Tips to grow your business:
• Choose a business that people are looking for within your area.
• Be reachable. Have a contact through which your customers can reach out to you at any time.
• Be active on social media
• Have a business card. It will cost you nothing in getting a business card to hand to your customers or intending customers so they can reach you through it at anytime
• Pay good and serious attention to advertising yourself. It will help you get more customers.
• Be professional in what you do.
• Always develop good customer relationship with your clients.
If you have been looking for a business to do at home, take good consideration of these list and you can pick one from here and develop on it.