Small scale business and how to start
Posted: Wed Oct 14, 2026 8:43 am
Small-Scale Business Ideas You Can Launch:
A small-scale business is one that you can launch with a modest sum of money and progressively expand as you turn a profit.
Here are some lucrative ideas to think about if you want to launch a business in your Area.
Ten Small-Scale Enterprises to Launch,
Business Concept and
Estimated Initial Funding.
1) Sales of perfume oil
Between 30,000 and 100,000
2) Selling small chops and snacks
Between 50,000 and 200,000
3) Accessories for phones
₦100,000–₦300,000
4) POS company
₦100,000 to ₦300,000 or more
5) Production of liquid soap
Between 30,000 and 100,000
6) Secondhand clothing (okrika)
Between 50,000 and 200,000
7) Sales of food items
₦100,000–₦300,000
8) Selling beverages and water in bottles
Between 50,000 and 200,000
9) Cosmetics and hair accessories
Between 50,000 and 200,000
10) Reselling and doing business online
Between 20,000 and 100,000
A small-scale business is one that you can launch with a modest sum of money and progressively expand as you turn a profit.
Here are some lucrative ideas to think about if you want to launch a business in your Area.
Ten Small-Scale Enterprises to Launch,
Business Concept and
Estimated Initial Funding.
1) Sales of perfume oil
Between 30,000 and 100,000
2) Selling small chops and snacks
Between 50,000 and 200,000
3) Accessories for phones
₦100,000–₦300,000
4) POS company
₦100,000 to ₦300,000 or more
5) Production of liquid soap
Between 30,000 and 100,000
6) Secondhand clothing (okrika)
Between 50,000 and 200,000
7) Sales of food items
₦100,000–₦300,000
8) Selling beverages and water in bottles
Between 50,000 and 200,000
9) Cosmetics and hair accessories
Between 50,000 and 200,000
10) Reselling and doing business online
Between 20,000 and 100,000