ADVERTISEMENT

Business you can start with little or no capital

The lack of sufficient funds makes it difficult for young entrepreneurs from achieving their business goals

Due to the rise of unemployment rate in Nigeria, so many people have taken the bull by the horn and have become their own bosses.

But  the lack of sufficient funds makes it difficult for young entrepreneurs from achieving their business goals but there are lots of businesses you can start with little or no capital at all.

ADVERTISEMENT

Here are business you can start with little or no capital.

1. Event Planning

Event planning is a growing business venture in Nigeria. Nigerians love parties and events, keying into this business won’t be a bad idea and it actually doesn’t require much.

As an event planner, your job is basically to plan events and get paid for doing so. The only thing you need to do is get different vendors for an event and make sure the event goes well all through.

You can start an event planning business by organizing mini-parties and event, making sure it goes well. Then as you grow you get to get more events to plan. The bigger the event, the bigger the pay.

ADVERTISEMENT

2. Freelance writer

If writing is your hobby and you really love to write, then you can set up a business just based on creating contents for blogs, website and magazines and you get paid regularly.

As a freelance writer, you really don’t need to have a huge capital. As long as you have the important things for writing online which is a laptop and internet connection., then you are good to go.

3. Social media influencer

ADVERTISEMENT

Thanks to social media, you can become an influencer.

If you social media savvy, then you should consider becoming a social media influencer. Every business and brand today is going online to grow their business and they can’t do it alone without the help of someone who knows about social media platforms well.

If you have a good online presence, you really don’t need any capital to start up. With just a phone or laptop and good internet connection, you can become a social media influence

4. Event host

Lots of events happen every day which would need the service of an event host.

ADVERTISEMENT

If you have the talent of speaking to a large crowd, being able to engage an audience, then you should think of starting an event hosting business. This business actually doesn’t need any capital. The only thing you is your ability to engage an audience.

5. Tutoring

Another business you can do which doesn’t require any capital is tutoring.

If you have the ability to teach people and they find it easy to understand you, then you should give it a try.  It now on depends on the age range you’ll love to tutor.

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Woman finds out after 20 years her husband stalked her years before they met

Woman finds out after 20 years her husband stalked her years before they met

Doctor wants you to stop drinking alcohol at this age — if you love yourself

Doctor wants you to stop drinking alcohol at this age — if you love yourself

Here are 8 signs you have the 'eldest daughter syndrome'

Here are 8 signs you have the 'eldest daughter syndrome'

Is drinking water right before you sleep healthy? The answer is not so simple

Is drinking water right before you sleep healthy? The answer is not so simple

Japa Story: I left my privileged life in Lagos to become a gateman in Canada

Japa Story: I left my privileged life in Lagos to become a gateman in Canada

10 small habits that will earn you respect

10 small habits that will earn you respect

10 creative ways to ask for money from your boyfriend if you're shy

10 creative ways to ask for money from your boyfriend if you're shy

Pulse Hot Takes: 4 reasons paternity fraud is popular in Nigeria

Pulse Hot Takes: 4 reasons paternity fraud is popular in Nigeria

50 birthday prayers and wishes to make a loved one feel special

50 birthday prayers and wishes to make a loved one feel special

Ask Pulse: My man’s friends want us to break up because I sent nudes to another man

Ask Pulse: My man’s friends want us to break up because I sent nudes to another man

Buying red wallet and 9 other superstitious beliefs that can make you rich

Buying red wallet and 9 other superstitious beliefs that can make you rich

The sexual benefits, health perks and side effects of Manuka honey

The sexual benefits, health perks and side effects of Manuka honey

ADVERTISEMENT
ADVERTISEMENT