10 Profitable Small Business Ideas For Nigerian In 2024

Choosing a small business idea that would work is an individual choice. Money is significant, yet you’ll need more inspiration than that to continue. You will have to make sacrifices until you arrive at the ideal plan that works for you and satisfies your life’s passion. This article contains profitable small business ideas for Nigerians in 2024.

1. Freelance Developer:

A Freelance Developer is an individual who works on An ad hoc basis rather than as a full-time employee exclusively bound to a single company. Freelance developers often work for multiple clients at once, but some might choose to work with one company at a time on a contractual basis. This type of business idea offers a lot of time flexibility, independence, and room for self-driven professional growth, and it’s profitable as a small business idea for any Nigerian, especially in 2024. This is the first profitable small business idea for Nigerians on this list.

2. Property Management:

Lots of people recently have been investing in property and this has been so profitable to individuals investing in this business, Many property owners, especially those with multiple properties, find it difficult to manage all their properties. However, Property management is the operation, control, maintenance, and oversight of the operation, control, maintenance, and oversight of real estate and physical property. This profession has many facets, including managing the accounts and finances of real estate properties and participating in or initiating litigation with tenants, contractors, and insurance agencies.

3. Cleaning Service:

This business is not common, especially among Nigerians but in recent times people tend to need help as the workload is too much for some individuals to handle, and Not everyone is good at keeping spaces clean. From residences to commercial spaces. This business idea is a lucrative one that fetches individual profits as the job description is easy.so You’ll also be able to make good profits, by running a cleaning service business. You can offer house cleaning services, vehicle cleaning services, carpet cleaning services, as well as graffiti cleaning services.

4. Personal Shopper Business:

This is another profitable business idea for Nigerians who need lucrative business, especially in this new year. A personal shopper is an individual who helps people who don’t have the time to go shopping themselves, a personal shopper shop for them instead. There’s almost no startup capital required to start this business.  An individual who is willing to start this lucrative business needs to start by marketing your shopping services to various people. Create a business website as well, so people can book your services online.

5. Affiliate Marketing:

Anyone willing to start affiliate marketing must first have an idea about what affiliating marketing is all about and digital marketing as a whole.  Affiliate marketing is a marketing model in which third-party publishers promote a merchant’s goods or services and receive a percentage of the sales or web traffic made as a result. It is typically considered a key part of modern digital marketing.

This is another profitable business idea that any Nigerians can venture into as it’s so lucrative. Each time a sale is made through the people you sent to the product, you’ll be able to earn a commission.

6. Graphic Designer:

This is a professional who practices the discipline of graphic design, either within companies or organizations or independently. They are professionals in design and visual communication with a primary focus on transforming linguistic messages into graphic manifestations, However, they are responsible for planning, designing, projecting, and conveying messages or ideas through visual communication. A graphic designer could be asked to do website design, or you could find blog graphics-related work as well.

7. Freelance Writer:

A freelance writer is an independent contractor who contributes articles to numerous publications for a living. Any individual who has good writing skills can easily venture into the business idea as people are willing to pay for written content. Recently blog posts and magazine articles have been written by Freelance writers.

However, to become a freelance writer one needs to also choose an area of specialization as there are many areas in the field of writing. This is another profitable small business idea for any Nigerian who is willing to start a business.

8. Social Media Management Business:

Social media managers are ordinarily responsible for developing strategies to increase followers, creating and overseeing social campaigns, producing content, reviewing analytics, and communicating with key stakeholders in a company.  For many businesses, having a solid social media presence is crucial for business success. It helps them stay relevant in the modern digital age.

This is why more and more businesses are keen to establish themselves across various social media platforms. As a social media manager, you’ll be helping various businesses run and manage their social media accounts.

9. Product Delivery Business:

This particular business idea is no longer a new business to most Nigerians as a lot of people having different kinds of businesses need the fastest way of delivering their product to their customers, especially their final consumers. So anyone willing to start a business will make a profit as a lot of people need a means by which their products can get to the customers.

As a Product delivery business owner, you’ll be helping people get the product they ordered online. You can create an app through which your customers can order products from nearby restaurants.

10. Daycare:

For anyone who enjoys spending time with kids, then running a daycare can be a good idea. There are also very few upfront investment costs to get your business off the ground. Some people even run daycares out of their homes. You might need to get a permit, however, to start your daycare business.

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