If you are looking for small business ideas to invest in as a young entrepreneur, the search can be frustrating most times. Most of the businesses we hear about are not perfect or within the range of our capital capacity. So in this article, we shall tell you the best business you can start up with little money in your account.

So as a student, or a civil servant looking for a low capital business to venture into, below is a comprehensive list of small businesses that are on-trend and also are in popular demand.

Firstly, as a young man or woman looking for a small business to start, you must first consider what type of business it is that you have passion for. It is your passion for it that will provide you with the energy to go on when you encounter challenges. For example, a man who has a phobia for dogs might not consider taking up dog breeding because it is lucrative. So with this in mind, we, therefore, look at the top 10 business ideas at the moment.

Top 10 Business Ideas for Small Entrepreneurs

1.Blogging

You can start up a blog where you can post trending news and articles. This is one of the easiest and well-paying businesses to start as a young entrepreneur. It does not require a four years degree course in the university, or a large showroom to become a blogger. With your laptop or a good mobile phone, you can start up a blog and manage it successfully. You can also be a blogger as a student as it requires little time to manage. Here is a comprehensive guide on how to make money online in Nigeria.

2.Graphic Design

A lot of people complain that many people are into graphic design. And they think that the business is saturated already. But research has proven that as a matter of fact, graphic designing is still one of the most lucrative businesses. Small and big firms are looking for alluring and eye-catching advertisement logos and flyers. So if you have artistic talent and an eye for fine things, this is a business for you.

3.Freelancing

Apart from being lucrative, freelance is one business you can do from the comfort of your home. If you have a passion for writing, whether, in marketing, news or politics, this one is a sure business for you. So long as you have a good Internet connection. Freelancers earn as much as #2,000 to #4,000 per article. The more error-free your articles are the higher your chances of your clients referring you to others.

Freelance is a nice business to run as a small business entrepreneur. Unlike other businesses, it requires no huge capital to start it up. You also don’t need a shop and workers to start it.

4.Teaching online

In the current global advancement, and with the covid19 pandemic. Online teaching has become the best way to share knowledge. So if you are an expert in a particular field or course, you can easily start up an online teaching class. Also, many foreigners who are not English speaking are always on the lookout for tutors who would help them, master English. With your laptop or a mobile phone, you can start it up. The best part of this business is that you can combine it with other businesses you are into.

5.House Cleaning

Over the years, house cleaners have been in such high demand. All you need to do is tell people about your service, create an online platform where people can access you. With just a little cash in your hand, house cleaning might be a sure route for you. This is because you will not be needing any costly equipment to get it off.

6.Mobile Chef

Yes, just like the name, you are a mobile chef. If you have a passion for stomach matters, then this is for you. With the pandemic on the ground, and people restricted from going to restaurants and other public places to buy meals, doing house to house or office delivery of cookies is quite a good business sense.

7.Online Store

The secret of this business lies in extensive advertisements. If you have a wide range of friends and families, then starting an online store might be the best for you. You don’t need to open a big store in your area to start this, all you need to do is to get a good and reliable source where you can get your stuff, clothes, shoes, wristwatches, household items etc. Post them on your social media platforms with their prices. If anyone requests an item, you demand payment then go pick it from your source. Here is also a list of the best ecommerce websites in Nigeria to kick start your online store.

8.Counselling

If you think you could counsel people about marriages, business, relationships, education etc. Although you might need some level of experience to thrive in this business, it is a nice business for upcoming entrepreneurs.

9.Event Planner

You can choose to plan weddings, birthdays, company meetings. Or you can choose to set yourself as an event planner of all trades. If you are organized and knowledgeable, you can benefit from this business.

10.Web Developer

If you have the skills and experience, then web development is one business that you can not overlook. On average, a fresher in web developing pockets close to #150,000 per website created. Huge right? Perhaps this is the reason people are rushing in for it. As a web developer you can utilize the services of top sites like Upwork, fiver and freelance to boost your revenue/income.

Conclusion 

In this article, we shared 10 profitable business ideas you can start with little or no upfront capital.

Starting up a business as an entrepreneur takes a lot of work and resilience. You need to find a type unique to you and that will match your schedule. You must also consider if it matches the current public demands. Remember the world has gone digital, so let whatever business you choose to go with the wave of digitization.