You don't need to panic on how to excel financially in 2022 and beyond.
Research has proven that the best time to start any business is during economic crisis and financial meltdown of the country. The good thing is that you don't need a large amount of capital to start a small scale business because you can start it based on your financial budget. All you need are good business plan as your starting point, execution strategy as your take off point, little capital and motivation to encourage yourself.
Below are the 5 profitable businesses that can generate you passive income in 2022
1) Potato Chips Or Plantain Chips. One of the cheapest and readily available food in Nigeria food market is sweet potato and plantain. Potato chips are very easy to make to make. You can purchase raw potatoes in large quantity then slice into thinner pieces for easy preparation. These when fried becomes potato chips which you can package for sale. After packaging them in the quantity you want, you can generate a humongous amount of money from it.
2) Graphic DESIGN. You can earn a good good amount of money after learning graphic design. it’s easy to learn the basic skills in graphic design on your own using tools like Photoshop and Adobe Illustrator or Canva or any other app that's specially created for graphic design. After a week or months of training, you can start making money by creating good designs for friends and business enterprise or even sell them online in a place like Shutterstock or similar online photo Store and you will earn money while people pay to download your graphic designs.
3) Cake and Cupcake Bakery. Every day of 366 days a year signifies the birthday or wedding anniversary of different people in your environment or neighborhood. This event or ceremony is mostly celebrated with cakes and other beautiful things such as flowers. Making and selling of cakes for occasion like wedding and birthdays are very profitable especially when you know your job. You don't need a shop to start this type of business, you can start right in your house and create awareness for people to know about you. Upload pictures on your Facebook page or profile, instagram handle or Twitter to announce your business and to encourage the buyers about your products and services.
4) Affiliate Marketing Of Trending Products. Affiliate marketing is one of the most profitable business most entrepreneur are venturing into due to the low start up of the business. You don't need money to start affiliate marketing but just your skill and a good knowledge of the product you want to market. All you need is a smart phone with good internet connection. Here, you serve as independent middleman between the owner of the product and the buyer. After which you will earn your commission at the end of each successful sale. Good affiliate marketing platform include commission junction, Fiverr, Shutterstock, expertnaire and many others.
5) Production Of Small Chops. Nigerians desire for small chops can not be over explained. Small chop business has yielded a better source of income for many people doing it. All you need is small start up fund and a week or month training on how to make good and awesome delicacies, then you are good to go ahead to start your business.
In conclusion.
The above listed businesses have been tested by various individuals and am happy to inform you that most of them are now smiling to the bank for being committed to the business. All you need to have is a good Marketing strategy, study your environment to know what they need and how you can offer solutions. This is because when doing business, the buyer buys both your products and idea you first presented to him before he was convinced to buy the product.
Is not late to start now.
No comments:
Post a Comment