Embarking on the journey of entrepreneurship with a budget of 50K in 2024 is not only feasible but also opens up a myriad of possibilities. From traditional sectors like food to emerging fields such as social media management, the opportunities are diverse. Below is a list of 15 Businesses You Can Start With 50K in 2024


Fast-Food Business

You do not necessarily need a stall or shop before you can sell food. You can start in your kitchen. With your gas cooker and pots, you are set. It is advisable to start with a particular food item, then over time, add snacks and other side dishes.

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You can also start selling yourself at events, and parties, by offering to cater for their feeding. You can also leverage the use of social media platforms like Instagram and TikTok, to promote your business. How’s that for starters?

Soap Production
Embark on the soap production venture in 2024; a product indispensable in most households. With a few ingredients and YouTube tutorials, you can start crafting washing and bathing soaps for homes. Partner with supermarkets for weekly supplies and use social media to enhance visibility. If you possess strong writing skills, consider marketing your products effectively to kickstart your career.