6 Businesses you can start with 20k and make profits

10 ventures you can launch with $20,000 and turn a profit 

In Nigeria, there are numerous low-risk enterprises that may be launched and profitable with just USD 20,000. Graduates and undergraduates from Nigeria can engage in these enterprises and earn cool money.

While they wait for better career possibilities, some college students and recent grads run these firms and profit from them.

1. Paint Production: On YouTube, you can learn how to produce paint. Even as a corps member, you may study it for for $8,000. However, as soon as you master the talent, you may launch your company and start informing your pals that you produce paint. No more than 20,000 materials are required to make an emulsion paint and other types of paint. You can make many GALLONS of paint with those supplies and profit.

2. The production of bleach, liquid soap, bar soap, hair shampoo, and many other products can be found on YouTube. It won't cost more than 20,000 to start your own production if you study it under someone else's instruction. 

3. You can start a business producing pumpkin, zobo, cupcakes, and their equivalents with a minimum investment of $20,000. Everyone must begin small, maintain consistency, and be skilled at producing the best.

4. Food preparation: All that is required is the ability to prepare a variety of foods. Inform individuals about your skills and offerings. You might consider it an honor to provide catering as well as home delivery. 

5. Snail and fish farming: Fingerlings and snails are inexpensive. Make sure you are skilled before starting a business selling fish or snails. However, you can launch the business with 20,000 naira. 

6. Fairly used clothing sales: With 20,000 Naira, you can start selling fairly used clothing.