There are numerous small business ideas that are suitable for Nigerian girl students. These ideas frequently take advantage of young women’s specific abilities, talents, and interests and can be launched with little expenditure.
The finest ideas are those that are both personally satisfying and financially viable. This article discusses successful business ideas for girl students that do not require an arm and a leg to start.
What is a Business Idea?
A business idea is usually the starting point for someone who wishes to establish their own business. It is frequently founded on a problem or need that has not been met by existing firms.
Top 20 Small Business Ideas for Girl Students in Nigeria 2023
Women are tremendously diversified, competent, energetic, and emotionally committed in everything they accomplish; the girl child has repeatedly demonstrated throughout the years that they are far more than people designated for secondary duties.
#1. Selling handmade jewelry
There are numerous online business ideas and sites where girl students can sell their handcrafted jewelry, and the initial costs are inexpensive. Furthermore, this business is adaptable to the student’s schedule.
#2. Online tutoring
This is a terrific method for girl students to serve others while earning money. There are several online platforms that connect students with tutors, and the work may be done remotely, making it a flexible alternative for individuals with a hectic schedule.
Social media influencers earn money by charging brands a fee for sharing material connected to the brand or the brand’s product. Influencers are being paid handsomely by brands and businesses to help publicize their products and services. Even if you don’t have a large or increasing following, you can strive toward it by becoming an expert in a niche.
#4. Create a blog
Many people earn thousands, hundreds, and sometimes millions of dollars from blogging. Starting a blog business is one of the simplest business ideas for women in Nigeria.
To begin a blog, you must decide what your blog will be about. This is all about deciding on a niche. Then you must choose a name for your blog, which will also serve as your domain name. Check that the name you choose is still available as a domain name.
#5. Pet sitting
For girl students who enjoy animals, pet sitting is one of the best and most excellent business ideas. There are numerous websites where students can sign up to be pet sitters, and the work can be done on a flexible schedule. This is a fantastic choice for folks who wish to spend time with animals while still earning money.
#6. Freelance writing
Freelancing provides flexibility. That is its selling point.
As a freelancer, you work on your own terms and are completely responsible for making decisions regarding your job. You get to determine the hours you work, how much you charge for your services, and the type of work you undertake.
Freelancers work on a contract and budget basis. You can freelance full-time or part-time.
Photography is a terrific way to make money online, especially if you have the correct equipment and know how to market your business.
To begin as a side hustle or full-time business, you’ll need the following items: a camera capable of taking high-quality images (and possibly video), lighting for shooting indoors or outdoors, and editing software such as Adobe Lightroom or Photoshop.
#8. Handmade crafts
Making and selling handmade goods is one of the best business ideas for creative girl students who enjoy crafting. You can sell your handcrafted things on a variety of platforms, including Etsy and Redbubble. You may make jewelry, apparel, and home decor. The startup expenditures are quite modest, and the work may be done from home.
#9. Video editing
Video editing is a skill in high demand, and there are numerous opportunities for girl students with experience in this industry. You can use this business to edit videos for businesses, YouTube channels, or even personal projects. The work can be done remotely, and the start-up costs are inexpensive.
#10. Virtual Assistant
Virtual assistance is a wonderful business possibility for students because it allows them to work from home while still earning money. Clients from all over the world can employ virtual assistants for assistance with internet tasks.
For girl students with strong grammar and spelling abilities, this is also one of the best fantastic business ideas. As a proofreader, you will be responsible for detecting errors in written content such as blog posts, books, and websites. You may find work on websites like Upwork or Fiverr, and you can do it from anywhere in the world.
This is an excellent business opportunity for girl students who are fast and accurate typists. As a transcriptionist, you will be responsible for turning audio or video recordings into written documents. The work is frequently done online, and you can discover opportunities on websites like Rev or Scribie.
#13. Website design
Computer science students or any other student with website design expertise can simply start a web design agency that helps local or foreign businesses develop websites. Make a list of businesses in your school and approach them with an offer for your service. There are freelance platforms where you can sign up and bid on assignments, such as Upwork and Fiverr. Depending on the client, most web designers charge anywhere from N30,000 to millions of naira for a web design service. Others demand a monthly maintenance fee to handle the websites for their clients.
This is an excellent business opportunity for multilingual girl students. As a translator, you will be responsible for transforming written text from one language to another. The work may be done remotely, and you can discover jobs on websites like Upwork or ProZ.com.
Starting a podcast is a terrific way to share your views and ideas with the world, and it may also be a source of revenue. As a podcaster, you can talk about whatever you choose, and you can make money through advertising, sponsorships, or donations. The startup fees are inexpensive, and you can work from home.
#16. Video game streaming
For girl students who are gamers, this is a tremendously intriguing business idea. As a video game broadcaster, you will play video games while streaming your progress on networks such as Twitch or YouTube. Donations and sponsorships are two ways to earn money.
#17. Affiliate marketing
For girl students who are good at creating relationships and pushing things, affiliate marketing is a wonderful business opportunity. Affiliate marketing allows you to earn commissions by promoting other people’s items on your website or social media channels. The initial fees are inexpensive, and you can work from home.
#18. EBook Publishing
Ebook publishing is a terrific business for creative girl students who have a gift for storytelling. You’ll be in charge of writing and publishing ebooks on platforms such as Amazon Kindle Direct Publishing. You can earn money through sales and royalties, and the initial costs are low.
Consulting is a great business for girl students who are informed about a particular topic or field. As a consultant, you will provide expert advice to clients in areas such as marketing, finance, and technology. You can work as a consultant on your own or for a consulting firm.
#20. Drop shipping
There are numerous firms selling student-related products with whom you can collaborate to drop ship their products and earn a commission on any sales that you make. The majority of these businesses may be discovered on Instagram.
Choosing a Business Idea as a Girl Student in Nigeria
It is crucial to note, however, that while the aforementioned ideas are incredibly profitable and simple to implement. The main criterion for success in anything you do is consistency and determination.
Many of the folks we see today amassing such large fortunes all worked in some capacity at some point in their life.
Tips for Selecting the Best Business Idea
The small business ideas we’ve discussed may be easier to run in terms of logistics, but that doesn’t mean they’re simple. Whatever business you intend to establish, there are at least three things you should consider.
#1. Concentrating on a Specific Specialization Simplifies Marketing
As with every business, marketing is the key to success. It is not enough to know that there is a demand for your products; you must also figure out how to contact the individuals who are most likely to buy them, i.e., choose your target market. You must attract the correct people to your website.
#2. Pricing is About More Than Just Profit
Customers may assume your products are of bad quality if you price them too low. If you overcharge, you risk alienating some clients. Most business owners struggle with pricing. At the end of the day, your prices can be adjusted and you can experiment with different pricing tactics until you discover one that works for you.
#3. Experiment, Learn, and Improve as You Go
The pursuit of perfection might be one of the most difficult challenges in starting a business. Keep in mind that nothing is set in stone. Products are readily swapped in and out. Your store can be redesigned. Your prices can be modified. You can change to a better supplier. If your idea isn’t working out as anticipated, consider how you might pivot before quitting.
How to Start a Small Business
To start a business, you need more than simply a desire. To get things moving, you’ll need to:
- Use the Time You Have Available: With your business goals, it’s important to strike a balance between ambition and realism.
- Identify a New Business Idea: This could come from your personal interests, a market opportunity, an experience, or anywhere else.
- Validate your Business Idea: This is where you determine whether your idea is viable or not. Are people willing to spend money on this?
- Find a Business Name: A strong name should be short and simple, memorable, and unique.
- Make a Plan: Your business plan is essential for keeping your company on track as well as securing partners, investors, lenders, and other resources.
- Understand business finances: Open business bank accounts, secure funding, and establish strong bookkeeping and accounting processes.
- Create your Product or Service: This is the exciting part! This is where you put your product or service idea into action.
- Select a Business Structure: Your business structure affects taxes, operations, personal liability, and other factors.
- Examine Licenses and Regulations: Your company is subject to local business laws, as well as laws and regulations particular to your industry.
- Plan Your Workload and Team Size: If you intend to handle all of the work yourself, you will be restricted by the amount of time you have available to invest. If you intend to hire assistance, you must account for those fees as well as the time required to discover and onboard freelancers or employees.
- Start Your Own Business: To get the word out about your newly established business, use your network, create buzz with promotions, and test paid ads.
What is a Good Business to Start as a 15-Year-Old?
Some people prefer interacting with customers in person. If that’s you, you can start a business selling at craft fairs or at local pop-ups. Craft fairs tend to be better suited to handmade and artisanal products, while pop-up shops can sell anything at all.
What Business Can I Start in Nigeria in 2023?
A list of businesses you can start in Nigeria includes:
- Cleaning services
- Catering services
- Zobo business
- Affiliate marketing
- Event planning
- Become a driver
- Perfume oil business
- Baking and confectionery business
What is Profitable in 2023?
Building-supply retail is one of the most profitable small businesses in 2023, with a net margin of 8.67%, according to the NYU Stern School of Business. Building-supply retailers may serve a variety of customers, including professional contractors, builders, and do-it-yourself homeowners.
What Business Can I Start with 5k?
Some businesses you can kick off with 5k include:
- Backyard Nursery
- Mobile/Electronics Repair Business
- Jewelry Design
- Accountant Services
- SEO, Copywriting & Digital Advertising Consultants
- Business Planning Service
- Food Truck Service
- Tutoring and Online Courses
How Do I Start a Business With No Ideas?
Try to have meaningful conversations with other people to help you think of new ideas. Start with people you know, like family, friends, and colleagues. Talk to people you trust— people who know about you and the business you want to start. You can consider the people you talk to as business mentors.
There are many great business ideas out there, and it’s important to choose one that you’re passionate about and that you think has the potential to be successful. It’s also important to do your research and make sure you understand the market for your product or service. With hard work and dedication, you can make your business idea a reality.