Just last week, we spoke at length about how you can start your own business. However, in reality, there’s not much of a business to start if there are no affordable business ideas to be executed. Thankfully, contrary to popular beliefs, you don’t always have to break the bank to create a new business. There are plenty of things you could do with less than N100,000. We did a little digging around and found a couple of them. So, without further ado, let’s dive right in!

  1. Freelance Digital Services

A freelancer is a self-employed individual who offers services to multiple people. Freelance digital services include anything from content creation to digital marketing and everything else in between.

As long as you have the skills already, you can easily market yourself to multiple people and offer your services to them. This type of business doesn’t cost a lot of money. Even if you want to do a bit of social media advertising to get the word out about your skills, you shouldn’t be spending more than N20,000 on promotion.

In no time, you’ll land your first gig, and, after a while, you can start scaling up. 

  1. Cooking and Delivery

Food is one thing that humans will never get tired of. Our entire body is dependent on what we consume if we must survive. As such, preparing good meals for people to eat and delivering it to their doorstep is a good business that you can start with less than N100,000. As long as you don’t go overboard and start trying to set up a full restaurant, you can keep your capital low, and your earnings maximized.

  1. Cleaning Services

Many people lead very busy lives these days. From work, they’ll go to pick up the kids and then, they’ll have to keep up with religion and whatnot. These responsibilities prevent them from being able to do what they ordinarily ought to do by themselves. As such, they look for who to outsource some chores to. That’s where you come in. With less than N100,000, you can start a cleaning business. Simply buy the basic things you’ll need from mops to brushes, among others. For items that are more special, you can let your client cover the cost as a part of their payment. The best thing about this business is you might not even have to be the one cleaning up the place yourself. 

  1. Tutorials

If you have a passion for it, this is a goldmine for you. It is particularly great because, apart from transporting yourself to the tutorial venue, you don’t have to exert physical effort. Your tutorial services could be for students in secondary schools or primary schools. Just get the word out to parents, prove your worth, and start making money with less than 100k investment.


The Coronavirus pandemic affected all of us in more ways than one. But, the economy is still one of the biggest sufferers of this virus. As such, finding a lucrative business with less than N100,000 initial investment is hard. But, with those mentioned in this article, we’re sure you know where to begin.


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