How to start a PVC manufacturing business in Nigeria

How to start a PVC manufacturing business in Nigeria

PVC, or polyvinyl chloride, is a versatile and durable plastic that is used in a wide range of products, from pipes and fittings to window frames and flooring. In Nigeria, PVC manufacturing is a growing industry with plenty of opportunities for entrepreneurs looking to start their own business. In this blog post, we’ll take a closer look at how to start a PVC manufacturing business in Nigeria, from market research to setting up the production process.


PVC is a popular choice for construction and industrial applications due to its durability, versatility, and relatively low cost. In Nigeria, the PVC market is growing at a steady pace, driven by the country’s growing population and increasing demand for infrastructure and housing. Starting a PVC manufacturing business in Nigeria can be a great opportunity for entrepreneurs looking to tap into this growing market.

Market Research

Before starting your PVC manufacturing business, it’s essential to conduct thorough market research. This will help you to understand the current PVC market in Nigeria, identify potential customers and target markets, and understand the competition.

One of the first things to consider is the type of PVC products you want to manufacture. Some popular options include pipes and fittings, window frames, and flooring. Each of these products has its own target market and set of customers, so it’s essential to research which products are in the highest demand in your area.

Another important aspect of market research is identifying gaps in the market. For example, if there is a shortage of high-quality PVC products in your area, you may be able to fill that gap with your own manufacturing business.

Business Plan

Once you’ve conducted your market research, it’s time to develop a comprehensive business plan for your PVC manufacturing business. This should include financial projections, marketing strategies, and a detailed plan for setting up your manufacturing facility and production line.

When it comes to funding, there are several options available to entrepreneurs looking to start a PVC manufacturing business in Nigeria. You may be able to secure a loan from a bank or other financial institution, or you may be able to find investors who are willing to provide funding in exchange for a share of the business.

Equipment and Materials

One of the most significant expenses when starting a PVC manufacturing business is purchasing the necessary equipment and materials. This includes things like PVC granules, molds, and machinery.

When it comes to equipment, it’s essential to research different options and find the best deals. This may involve importing equipment from other countries, or working with local suppliers and vendors. It’s also important to factor in the cost of shipping and handling when calculating the total cost of your equipment and materials.

Legal and Regulatory Requirements

Starting a PVC manufacturing business in Nigeria also involves complying with a range of legal and regulatory requirements. This includes obtaining the necessary licenses and permits from the government, as well as meeting local and national regulations and laws.

It’s essential to research the specific requirements for your business, as these can vary depending on the location and type of business. You may also need to hire a lawyer or other professional to help you navigate the legal and regulatory landscape.

Setting up the Manufacturing Process

Once you’ve obtained the necessary licenses and permits, it’s time to set up your manufacturing facility and production line. This will involve finding a suitable location, hiring employees, and establishing a quality control process to ensure that your PVC products are of the highest quality.

When it comes to setting up your manufacturing facility, it’s important to consider things like power supply, water supply, and waste management. You’ll also need to invest in training for your employees to ensure they are able to operate the machinery and equipment safely and efficiently.

Marketing and Sales

No matter how high-quality your PVC products are, they won’t sell if you don’t have a strong marketing and sales strategy in place. This includes developing a branding and marketing plan to promote your business and products, as well as building relationships with potential customers and distributors.

One effective way to market your PVC products is through digital marketing and social media and online marketplaces for Businesses like This allows you to reach a wide audience at a relatively low cost, and can be a great way to generate leads and build your customer base.

You can also consider traditional marketing methods such as print ads, billboards, and exhibitions to reach out to your target audience.

In addition to marketing, it’s also important to have a solid sales strategy in place. This includes identifying key accounts and building relationships with them, as well as developing a pricing strategy that is competitive but still allows for a profit margin.


Starting a PVC manufacturing business in Nigeria can be a great opportunity for entrepreneurs looking to tap into the growing PVC market.

However, it’s essential to conduct thorough market research, develop a comprehensive business plan, and comply with legal and regulatory requirements.

Additionally, investing in the right equipment and materials, setting up a manufacturing facility, and having a strong marketing and sales strategy are key to the success of the business.

With the right approach, a PVC manufacturing business can be a profitable and rewarding venture for Nigerian business owners.

SEE ALSO:  5 Questions to ask before starting a Business

How To Start A Palm Oil Business spronet blog

How To Start A Palm Oil Business

Palm Oil Business

Nigeria was the number one producer of palm oil in the 1960s. She was controlling over 43% of the global market. Malaysia, the world’s largest producer of palm oil today generates about 36.87 billion Malaysian ringgit.

Palm oil is a national treasure.

It is a product derived from the mesocarp (reddish pulp) of palm fruit and plays a significant role in the food and beauty industry.

Are you’re considering starting a palm oil business? We have highlighted certain things you should know.

How To Start A Palm Oil Business

The palm oil business is a very profiting one. Almost every home in Nigeria utilizes it to prepare dishes such as soup, stew, porridge, beans, rice, etc. It is a market that won’t cease due to it’s high demand.

Listed below are steps to take:

Make a business plan for your Palm oil Business:

Do you want to be involved in the production and distribution? Or, do you want to only be engaged in buying and selling of palm oil?

A business plan defines the business’ objectives and how to achieve them. It is very important and strategic for entrepreneurs.

Business plans don’t just outline specific steps to take, but also how to take them.

If you’re a bit confused on how to go about this, you can solicit advice from a professional who has been in the business.

Choose a niche for your Palm Oil Business:

You can choose a niche based on the amount of capital you have available. You can go into the business as a producer, wholesaler, or retailer.

A producer is involved in the production process. He or she might or might not be directly engaged in the palm oil processing. A producer might also decide to distribute directly to customers. Majorly, producers sell to wholesalers.

A wholesaler gets the palm oil directly from the manufacturer, and sells to the retailer. While, the retailer purchases the products from the wholesaler and sells it to the consumers.

Either way, you’re bound to make money.

Ensure You have the required capital:

It is important to secure your capital before starting the business.

As a wholesaler, you will need about 500,000 naira.
As a retailer, you will need about 250,000 naira.
As a producer, you might need to purchase a palm plantation. You can also buy a land, plant palm fruit, and allow it to grow overtime.

You’ll need to have the right Equipment for your Palm Oil Business:

On a larger scale, machinery comprises palm oil cracker, palm kernel separator, palm oil press machine, palm oil refining machine, oil filter, oil storage tank, oil dispatch pump and weighing machine. Roughly 3-10 million naira can get you these equipment.

On a smaller scale, items needed are kegs of different sizes, funnels and hose. As a wholesaler or retailer, you will need kegs to sell to your customers.

Choose a good location:

For wholesalers and retailers, you will require a shop or store to sell your products. Select a location that is easily accessible to people. Easy accessibility equates higher sales.

Another thing to put into consideration is the condition of the shop. A larger space gives room for more storage. Also, palm oil products are sensitive and as such should be kept in a cool and dry environment. They shouldn’t be exposed to heat or sun.

Are you considering going into a large scale business? get a location that:

Has constant power supply.
Has access to water.
Has good transportation charge. Site must be ideal for raw material and product transportation.

Hire workforce:

This is crucial for large scale businesses. Manpower is needed to carry out specific tasks such as cracking of the palm fruit, boiling of the raw material and packaging into kegs or containers. This allows for a smoother and more effective business. Administrative positions might also be needed.


Buy palm oil and start selling/ Begin palm oil production:

Wholesalers/Retailers. Get a trusted supplier to buy oil from and start selling. We advise working with more than one person, to avoid a delay in distribution.

Producers. When you have a location, the required machinery, man power, and a registered business, you can begin oil production.

Processing Of Palm Oil Locally

You might not have all the equipment, but you’re interested in palm oil production. Don’t worry, we have you covered.

Following these steps, you can produce your own palm oil without heavy machinery.

your palm fruit ready:

Palm fruit is the raw material in palm oil production. Palm fruit can be purchased from a local market, or directly from a farmer. Palm fruits are gotten from palm trees.

The biggest palm farms in Nigeria are Ada Palm in Imo State, Omoku Oil  Palm Plantation, and Akwa Ibom Palm Plantation.

Boil palm fruit:

Pre-soak the palm fruit for about 24 hours. After this, wash and put on fire. Add some amount of water. Boil for 30 minutes to 1 hour. Fruit cooking weakens the structure, softening it and making it easier to detach the flesh of fruit from shell. Boiling also destroys enzymes that can damage oil yields.

Grind the palm fruit:

After boiling the fruit for about an hour, the next step is to crush it.

Place the palm fruit in a grinder. Cover the lid of the machine and allow it to grind for a while.

The end product of this is thickened fiber and palm kernel.

Separate fiber and palm kernel:

Separate fiber from palm kernel. Place the fiber obtained from the grinded palm kernel in one bowl and the palm kernel that didn’t grind in another bowl.

Boil fiber:

Place the fiber in pot and then place on fire. Add water till it is above the fiber. Keep turning so it doesn’t burn

Salvage palm kernel:

Also, place separated palm kernel in a bowl and add water. Nothing is a waste. There is still oil on it.

Sieve and scoop oil from the bowl.

Pour the salvaged oil into boiling pot of palm fruit fiber.

Use a sieve:

Pour oil obtained from pot into sieve. The aim of this is to prevent certain impurities from entering the oil.

Continue process until all oil has been sieved. Then, allow to cool.

Voila! You have your palm oil ready for personal or commercial use. Practice makes perfect, and with constant practice, you can become a pro.

Starting a business Spronet blog

5 Questions To Ask Yourself Before Starting A Business

5 Questions To Ask Yourself Before Starting A Business

“Hey! I’m starting a business” sounds nice and pleasing to the ears.
However, it entails a whole lot. Certain factors should be taken into consideration before making any significant move.

We collated 5 crucial questions you should ask yourself before embarking on any enterprise.
They include:

  • What problem am I solving?
  • How much money do I need to start?
  • Who is my target audience?
  • Who are my competitors?
  • How can I promote my business?

What Problem Am I Solving?

Myles Monroe once said “If you want to become successful, seek to become a person of value.”

No truer words than these. The most successful people in business are the ones solving problems.
WhatsApp made communication easier. Indomie provided food that can be prepared in less than 15 minutes. POS(Point of sale) agents make money available, especially to people who might need it urgently.
These businesses offer value!

As long as people have problems, they will always seek possible solutions.
What can your business make better or offer solution to?

How Much Money Do I Need To Start?

Some businesses require little capital, whereas others require much.
To calculate an estimate of capital needed, you will take the following into consideration:

  • The cost of equipment needed.
  • The cost of workspace.
  • The cost of registration.
  • The cost of inventory.
  • The cost of marketing.
  • The cost of utilities.
  • The cost of employee payroll.

What Is My Target Audience?

Your target audience is a specific group of people who would most likely be interested in your product or service. In simpler terms, they are people you target when advertising your goods.

Every business has a target audience. Defining yours is a very important step. Why?

Once you define your audience, it is easier to reach out to them. A brand that successfully connects with their customers is one that will succeed in the long run.

For example:

The target audience for the brand, ‘Indomie’ is children. From the promotion, to the product design, everything is tailored to appeal to children. It’s no wonder they connect easily with their audience.

The following is used to define a target audience:

  • Age.
  • Sex.
  • Gender
  • Marital or family status.
  • Income.
  • Interests.
  • Location, etc.

Note to self; if you try to sell to everyone, you might end up selling to no one.
Define your audience!!!

Who Are My Competitors?

Competitors are businesses which offer similar value to your customers.

For example, Closeup and Colgate are competitors. Both products offer akin value; enhancement of oral hygiene.

Knowing who your competitors are, will help you create a brand that stands out.

The following is analyzed:

  • What they are doing better.
  • How much they are offering.
  • How they market their products.
  • New products or ideas they’re implementing.
  • Does their product target the same audience as yours?

By identifying and monitoring competitors, you will be able to see their weaknesses and strengths in comparison to yours.

Conducting a competitor analysis gives you an edge. It tells you how to out-do your rivals.
However, it should be noted that competitor analysis shouldn’t be conducted before starting a business alone.

To stay relevant, a business owner should conduct this analysis on a quarterly basis.

How Can I Promote My Business?

You could be offering the best service, but if you don’t effectively promote it, you might not make as much impact.

There are many ways to promote a product, and it differs based on industry and target audience.

Here are ways you could promote your new business:

  • Use a special introductory offer.
  • Run a social media contest(example, a referral contest).
  • Spread the word via Email.
  • Host an event.
  • Run Facebook and Instagram Ads.
  • Post on social media.
How to start A Food Processing Business

How To Start A Food Processing Business In Nigeria

Start A Food Processing Business In Nigeria

The agricultural sector is the largest contributor to Nigeria’s economy. It donates about 24% to the GDP (Gross Domestic Product) of the nation.

Food processing, a sub-sector of agriculture, is a rapidly progressive division. It has been, and will continue to be a rewarding enterprise.
If you want to venture into the food processing business, and you don’t know how, this article is specially for you.

Let’s dive right in!

What is food processing?

Food processing is the transformation of agricultural products into food. It converts raw food into consumables.

Activities such as cooking, mincing, mixing, canning, fermentation, liquefaction, pasteurization, and emulsification are utilized in food processing.

Types of processed foods include:

  • Drinks: Zobo, Kunu, yoghurt, fruit drinks etc.
  • Fried foods: Chips(potato, plantain), Chin Chin, Akara, Puff Puff etc.
  • Oil products: Palm oil, coconut oil, groundnut oil.
  • Farm produce: Garri, beans etc
  • Meat products: Bacon, sausage, ham etc.
  • Savory snacks: Cake, sausage rolls, etc.
  • Flour products: Wheat flour, wholemeal flour, brown flour etc.

The food processing business is majorly categorized into three. They are

  • Small scale: This doesn’t require heavy machinery, and can easily be performed in a normal kitchen setting. Small scale products can be easily processed, and they don’t require much time. An example is the Akara or Puff Puff.
  • Medium scale: Medium scale products aren’t easily processed, and machinery might be needed. The bakery business is an example.
  • Large scale: It requires heavy machinery, large capital investment, and a high man power demand. Products are most times distributed to an international market.

Utilizing our step-by-step procedure, you can start your own food processing business.

Pick a niche:
Every business has areas of specialization, and the food processing business isn’t left out. If you’re confused about which particular niche to pick, here’s a guide.
When picking a niche;

Identify your passion: Choose an area you’re actually interested in. It can be making fruit drinks, or processing farm produce. Whatever it might be, ensure you want to do it.
Identify problems you can solve in your niche market.
Determine profitability of niche market.
Having a niche means that your target audience is smaller, but because you can easily meet their needs, the level of your impact is stronger.

Carry-out adequate research: The next step is to gather relevant information.
Prior to any form of planning, it is important you have sufficient knowledge on the business. From the product itself, to the target market, and competitors.

Do not rush this phase, rather, dedicate time in carrying out proper research.
We also suggest soliciting advice from individuals or bodies who have had years of expertise in your niche of interest.

Select a desired location:
Picking a location is an essential step. One that shouldn’t be carelessly done.
As a medium, or large scale business owner, it is important you take the following into consideration when selecting a location:

Access to water and electricity:

A readily available market nearby:

Good connectivity: You want to be able to easily transport products and raw materials to and from the location.

Environmental factors: Handling of liquid and solid waste should be taken into account.

Draft out a business plan: A business plan is a formal document that contains the goals of a business, and how they can be executed.

It outlines your goals, making them appear less formidable and more achievable.
The following are enlisted in a business plan:

  • Description of the business.
  • Mission and vision statements.
  • Competitor analysis.
  • Market analysis.
  • Marketing strategies.
  • Operation strategies.
  • Product and service description.
  • Pricing and revenue.
  • Financials.

Register your business and get the necessary permits: This shows you are authentic, and builds credibility in your business. Contact persons who might have gone through this process before, and ask for guidance.

Source for funds: You need a start-up capital. This is the initial capital needed to kick-start your business.
If you already have funds, that’s great! But if you don’t, there’s no need to panic.

Loans can be acquired from individuals such as family members, friends, or acquaintances. Corporate bodies like banks, savings and loans associations, and insurance companies can also be of tremendous help.

Purchase required machinery: This might include mixers, deep freezers, oven, deep fryers etc.

Hire staff: Hire a team of workers who will be responsible for handling various tasks.

A small scale food processing business might not require staff, but medium and large scale businesses certainly do.

Find a supplier: The supply of products depends on the scale of business. In small scale, products can easily be obtained from a local market but in medium, or large scale, a farmer is the optimal choice.

We suggest having two or more trusted suppliers to avoid delay, or setbacks.
Ensure that supply coincides with the production process, such that production isn’t halted due to inadequate supply.

Market and distribute your products: Don’t be in a hurry to distribute into market immediately after production.

Test run your product with a selected number of people. If it’s good to go, then kudos! You can advance to the next step, distribution.

Make a list of wholesalers and retailers you can distribute your products to. This includes individuals, and retail outlets like supermarkets and malls.

With the advent of the internet, you can comfortably advertise your product online. This would not only increase sales, but create an online presence and boost credibility.

A good Online Marketplace to add your business is affords businesses the ability to connect with other businesses, buyers, suppliers and distributors for free, while helping them advertise their goods and services around the internet.

Learn more from our article on what we do on here What We Do At – Spronet Blog

There you have it! Steps to starting the food processing business of your dreams.

Lucrative Businesses In Nigeria

Top 10 Lucrative Businesses In Nigeria

Lucrative Businesses In Nigeria

Looking for lucrative business ideas?
Well, you’re in luck, here are our Top picks of lucrative businesses in Nigeria.
Let’s begin:

Food business
Food being a major necessity for life, coupled with its relatively low startup cost and high turn over makes food business a reliable stream of income, not just in Nigeria but globally, provided proper research, due diligence and management skills are applied.
Different fields you can explore in the food business are;

  • Food supply
  • Food Franchise
  • Local restaurants
  • International or foreign restaurants

Blogging Business
Everyday, we see more and more people depend on the internet for information.
From news, to entertainment, and business, you can search for almost anything online. This is where blogging comes in.

Blogs are usually written in an informal and conversational style, so you don’t need to be a professional writer to start a blog. What you need, however, is knowledge on the subject matter.
On average, bloggers earn about 1,500,000 naira monthly.

With determination and consistency, you can also start earning money as a blogger.
How to start a blog:

  • Pick a domain name.
  • Get your blog online.
  • You will need a blog host and blogging software to achieve this.
  • Customize your blog.
  • Start writing.

A lot of people are into freelancing right now. It is the ‘hot potato’ of the season.
Freelancers earn money online by providing their services to clients. They work independently and earn money on a per-job or per-task basis.
Freelance skills include graphic design, writing, social media marketing, web development, video editing, photography and so much more.
If you want to start freelancing:

  • Choose a niche.
  • Do research and pay attention to competition.
  • Get a mentor who is in your niche.
  • Register on freelance sites like Upwork and Fiverr.
  • Work, work, work!

Furniture business
Furniture is an essential piece of every home.
Offices, recreational centers, schools, churches, and mosques also utilize furniture.
The furniture business is one that’s ever in season, and with a sum of N2,000,000- N3,000,000 , you can kick-start your own furniture business.
Two aspects of the furniture business are:

  • Furniture manufacturing: You can make furniture and sell to customers. If you’re not skilled, you can work with a personnel who is versed at furniture making.
  • Buying and selling of furniture. Here, you don’t customize furniture, but buy from a manufacturer and sell it to customers.

Transportation business
Whether it’s within, or out of town, human beings are always on the move. Be it from church to work, or from school to the house, people are constantly moving.
With a small or large capital, you can delve into the transportation business, and make cool cash.
Here are possible ways:

  • You can work as an Uber driver. Uber drivers pick up their passengers and transport them to their designated destinations. They make about N75,000-N100,000 monthly.
  • You could also buy a Keke, Bus, or even a plane and hire people to run your business for you.

Real Estate Business
People will always need a roof over their head. A place to relax after a hard day’s job.
This is a profitable business, and you don’t need to have loads of cash in your bank account to invest in it.
If you have enough money, that’s good. You can buy properties and sell them later. You are sure to make a lot of profit.
But if you don’t, you can become a real estate agent. Real estate agents link buyers to sellers, and vice versa. For every deal you close, you get a commission of 10%.


Fashion Business
Another need of man is clothing. No matter the occasion, or circumstance, clothes are essential. This places a high demand on the business, and you can capitalize on it.
As a fashion designer, you can design wears for your customers, and sell to them.
You can also open a boutique (physical or online store) and sell clothing to your clients.
There are many areas to specialize in, they include:

  • Children wears.
  • Baby wears.
  • African print.
  • Corporate wears.
  • Men wears.
  • Women wears.
  • T-shirt printing. etc

The fashion market is large, and with a clear plan, you can dominate it.

Oil & Gas Industry
The main natural resource of Nigeria is oil and gas.
We depend on fuel to power our cars, and generators. We also use kerosene to light our stoves, and gas to cook our meals.
To a large extent, majority of Nigerians rely on oil and gas to run their daily activities and businesses. This makes it a very lucrative enterprise.
Fields in the oil and gas business include:

  • Oil and gas transportation.
  • Kerosene business.
  • Cooking gas business.
  • Petrol station business.

We can’t possibly talk about lucrative businesses without mentioning agriculture. It is currently at the center of Nigeria’s economy.
As the government looks for other ways to diversify the economy, agriculture is most assuredly the focal point.
There is a huge profit to be made by anyone who ventures into this business.
Some of the opportunities you can pursue in agriculture are:

  • Fish farming.
  • Poultry farming.
  • Cattle rearing.
  • Rice farming.
  • Cassava farming.
  • Snail farming.
  • Cashew Farming
  • Food processing.

Hotel Business
The hotel business is one of the most lucrative businesses in Nigeria. Invest in it and watch as money flows in.
People like to travel, and hotels provide shelter for them.
Apart from shelter, hotels also have multipurpose halls which can be used to host events.

Food Business

7 Rewarding Food Business Ideas In Nigeria

Food Business

No living being  can function properly without food. It’s how we are wired.

This makes the food business an enterprise that will never go out of season. No matter what, man must eat.

Starting a food business is often promising and with the right steps taken, you have a higher chance of making sales and succeeding in the business. Does this interest you?

The Food Industry/Business comprises of various promising niches…take a look at some of our top picks below.

Personal Chef

A personal chef is a trained cook hired by clients. He or she prepares meals in the home kitchen’s of their clients. Their responsibilities include:

  • Meal planning
  • Shopping for ingredients
  • Cooking
  • Storing food properly
  • Cleaning up after cooking

Personal chefs ensure that the meals are based on needs and preferences of their clients.

Food Kiosk

Food kiosk (also called as Food booth) is a temporary structure used to prepare and sell food to customers. They are usually located at large gatherings such as parks, malls or even stadiums.

This business is for persons who might not be interested in owning a personal space but want to sell food to a large number of people.

You could offer food options like:
Fried foods- fish, chicken, meat, Akara, Puff Puff.
Snacks- ice-cream, popcorn, hotdogs, candy.
Drinks- milkshakes, smoothies, fruit juice, yogurt.


A bakery is an establishment that produces flour-based foods and sells them. These include bread, cakes, and pastries.
You can start selling from your house and expand to a personal space with time.

Catering Services

Catering services deliver food to a client’s location. They might cook and serve it on-site.
A catering service may have it’s own cooks to prepare food, or might hire food from a contractor to deliver to clients.

Types of catering service:

Cooperate catering: The caterer provides food for a cooperate body gathered at a location to discuss it’s affairs.

Buffet catering: In this type of catering, the food is made available in different metallic storages with fire underneath. The fire beneath keeps the food warm. There is a variety of food, and guests serve themselves.

Office delivery catering: The caterer prepares food, packages it and delivers to an office.

Sit- Down catering: Here, the guests sit at a place while the caterer has servers moving around with food and drinks. The servers asks the guests for their preferred choice and bring it to them.

Social event catering: From birthdays, to naming ceremonies, social events cover a wide range of events. Caterers are essential for the success of these programs.

Food truck catering: This is most suitable for social gatherings. Food is made available in a truck. Food truck catering is easier to handle as it requires less personnel. Fast foods and drinks are mainly served.

School catering: The caterer prepares food and delivers it to a school establishment.

Added to the list are:
Hotel/Restaurant catering.
Wedding catering.

A restaurant is a place people come to sit and eat meals that have been prepared before hand.
Meals are often eaten in the location, but most restaurants offer the take-out and home delivery service.

Restaurants are distinguished in different ways. The primary factors are the food itself(steak, swallow, rice, seafood); cuisine(African, Chinese, Japanese); and style of offering.

Restaurants serve already made food to people who might not have the time to cook. You can specialize in local or foreign dishes, take-aways, etc.

Cookery Classes

If you’re passionate about cooking and teaching, cookery classes might be for you.
Cookery classes are centered on the art of cooking. They focus on the making, presentation and appreciation of food.

You can host classes which can either be physical or online.


A fruit mart is an open-air business venue that sells a variety of fruits and vegetables to customers. The fruits are arranged in an attractive and organized manner. This business is profitable.

Examples of fruit marts in Nigeria are Ketu Jakande Fruit Market, Lugbe Fruit Market,
Maitama Fruit Markets.

5 Businesses Ideas You Can Start With Little Or No Capital

5 Business Ideas You Can Start With Little Or No Capital

5 Business Ideas You Can Start With Little Or No Capital

There is a saying that there is no better time to start a business than in times of economic crisis.
Real business people seize the opportunities and threats in the economy by solving problems then they make money from it.

Nigeria is facing an economic recession due to the COVID 19 pandemic and most companies have either dropped some staff or reduced the salary of their employees in order to survive the present economic situation.  If you are currently unemployed or employed but not satisfied with your present work situation then this is for you.

This article will guide you to affordable ideas to starting your own business.

Beauty & Health Products
This does not require any special skill and also does not require too much money to start up.

As long as you can communicate the importance of the product you are selling in people’s lives, your chances of success are high.

Like other businesses, one of the challenges that might arise could be how to reach customers and give your business a professional outlook through setting up a brand image, getting an office space where clients can receive your services, and more.

To keep startup costs minimum, the business can be operated from home but your products need to be sampled and properly marketed and that’s one of the benefits of using, you get your online store for free and can share your products to other channels, like Instagram, WhatsApp, and Facebook, while customers can make orders directly from the platform and payment goes to your bank account.

For more on how to grow your business, you can check out some of our resources on branding here, reach a larger scale of customers without paying any advertisement fee and also have a location where clients can reach you and pick up products without paying huge rent for getting an office space.

Educational & Vocational Courses
Do you have skills and talents you can share with others? Then producing educational materials through digital content and monetizing it could be just right for you as there are no huge startup costs required.
The Covid pandemic has seen the widespread emergence of virtual learning and this trend won’t be going away anytime soon.

Now you can train students without being in physical contact with them, you just need a good data connection and a good teaching method.
However, if your training requires physical one on one interactions, you can take advantage of Spronet Hub’s affordable training/meeting rooms at our business hubs near you.

Dry Cleaning & Laundry Services
This is one of the small businesses that will continue to thrive no matter what is happening in the economy.
As people get busier, the demand for dry cleaning services will continue to increase. The good thing about this business is that you can start from your home. You can even spice it up by doing home deliveries and pick up.

Mini Importation
The internet has redefined trade and commerce. You can import goods online through Alibaba, Wish, and other global sources. With less than N500,000 you can start this business.
Getting local customers for your imported merchandise is yet another problem that spronet helps you solve. As stated earlier for zero registration fee, you can set up your local online store in minutes and start making sales and deliveries.


These days, you hardly can find a business that does not have a website or a beautiful logo design to attract customers.
Businesses use websites and also graphic designs to promote, educate and also attract customers to patronize their products. This has increased the demand for web designers and graphic designers.
You just need to learn how to design a website professionally, build web pages and also upload web pages to the servers.

Looking for how to get started with learning a skill, advertising, and growing your business/idea?
Be part of our Spronet Business community and start growing your business today.
For more information on our business hub, visit