Nairalanders, year 2020 is already packing its load as 2021 is on the substitution line to spur into action.

What offline lucrative business can one focus on going into the year 2021?

Mind you, this does not include digital stuffs as the question is about offline business.

You all are aware that COVID-19 really played a hard one in 2020 not to mention other economic crises that has affected everyone in the country.

Hoping that 2021 will be a better year as there are cures being circulated globally to tackle coronavirus.

Kindly advice on offline businesses one can focus on going into 2021.

Your kind responses will be well appreciated.

Advice to everyone reading this that need a second source of income if you have one already, and if you are a student or graduate, you can go into any of this full time and start growing your own company at your own pace.

Be your own boss in 2021, visit this thread and choose one of this amazing job opportunities:

https://www.nairaland.com/6320025/biggest-job-opportunity-oyo-state

Does it mean there are more online businesses than offline businesses?
It's quite challenging to see a thread like this with few comments on offline business people can focus or invest in towards 2021.

I'm yet to start because of capital.

But if I'm to do any offline business, it would have to be on the food sector.

That's an evergreen, profitable niche that people overlook and underestimate.

Agriculture, both for food and cash crops, especially plantain and bananas, then there is animal husbandry, all forms are very good.

The next thing I would consider would be buying and selling of food items if I feel like producing it is not for me. There's money there too.

Next is food processor. Take the raw material and convert it to finished product.

Thats all I've got for now.

Hello, if you have the funds to invest in small to medium scale manufacturing, you should check out this blog post titled " Six Businesses You Can Start In Nigeria and Make Big Money"

It talks in details about rice milling, bottled water, poultry farming, maize flour, plantain flour and palm kernel oil Production.

See the link below.

https://planbiz.com.ng/five-lucrative-businesses-you-can-start-in-nigeria-today-and-make-big-money/

Someone asked here on Nairaland about a business he could invest around #700k on.

Here is the thread :[url] https://www.nairaland.com/6217467/total-700k-invest-into-business [/url]

As one of the contributors on that thread, I explained how I started my frozen food business.

Here is the analysis should you be interested too.


In my opinion, if you have not tried a business before, you may need to test your feet in a low risk business before drowning the whole cash.

While starting off in 2017, I ventured into FROZEN FOODS.

Here is the breakdown:

1. UK used deep freezer with follow come compressor double door(cos I have knowledge of refrigeration, so I got it at Lawanson, Ijesha Road Lagos) @#105k
2. Transport to my shop @5k
3. Shop rent with all comission paid @ 150k
4. Frozen scale @3k
5. Cutlass and handglove @2k
6.Cutting stool and other furniture @8k
7. Stationery for book keeping etc.@1k
8. Carton of Kote fish @6.5k
9. Half carton of Titus fish @8k
10.Half carton of Sawa fish @5k
11.Carton of 3-5 hake fish @7k
12. Full carton of Turkey @14k
13. Full carton of Chicken laps @11k
14 Full carton of chicken wings @13k
15. Logistics @1k
16. Gen set (I have regular power in my area but in case)@ 75k
17. Shop renovations including wiring, painting etc. #20k

Total:#434,500
Though as things are now costly at present, budget #500,000

Reach me if you are interested for other information regarding this.

I will also add the second business this first one gave birth to here...

Note this important info
When I began in 2017, I didn't know a jack about the business. Fear of failure crowded my mind but I learnt from a church member doing the business(fulcrum of succeeding is to be mentored).

I also ask around from other sellers how they fix their prices, get their supplies etc (secret of succeeding part2)

Today, I have my 9-5 job yet have someone there who manage it (you can't be cheated in what you know too). I balance my account daily after returning from work (book keeping is a way to track your success).

Throughout the lockdown till this moment, people never stopped buying even when I'm at home, they keep calling, I do online delivery too for them. They make transfer, once I get it, I send my logistic guy to deliver to their doorstep ( advantage of integrating tech to your business)

Lastly, the business is expanding as I have added other things like, groundnut oil in gallons, palm oil in gallons, seasoning ingredient in packs, semovita, wheat, rice in bags etc as they complement the biz( search for complementors when the biz is growing, hear feedbacks from customers as they are pointers to your next level)