Start Your Business with ₦5000

Start Your Business With  ₦5000

Have you thought of a business Idea you can venture into while undergoing your National Youth Service Corp (NYSC), or have you just concluded your NYSC waiting for a white collar job? Search no more cause am about to unfold a business idea that you can start with for as little as ₦5000.

Aba is a major center for textile material in Nigeria, about 90% of the shirts, paints trousers, Jean we used in Nigeria, is made in Aba including leather works and boxers.

 The question is, are they “Aba made”? Nope, what we call Aba made is simply lack of packaging which we will discuss later.

Let’s dive into the business idea I want to share with you which is BOXER Production

Boxers are a type of undergarment worn by men.They are made of different materials, like Cotton and what we call Bed sheets material. Boxers that are produced with cotton material are of high quality and they don’t change colour when washed while that of the bed sheet material are of low quality.

Why you need to do the business

·     50% of ladies now wear boxer and 95% of grown up guys have nothing less than 3 boxers in their wardrobe.

·        There is market for this product and it’s a profitable one to venture into.

·        You can start with as low as ₦5000 and expand within a short while

   Two ways of going into this business

1 As a producer: producing your own boxers will require you to have a sewing machine, generator for power supply, Nylon for packaging, electric iron etc. you may need the services of a tailor if you can’t sew, all you need to do is to source for the material in Aba and take it to a tailor that specializes in boxer production and you pay base on the quantity produced.   

   As a Distributor: If you don’t want to go through the stress of acquiring the machines due to lack of finance, and the stress of sourcing for materials, you can then be a distributor. As a distributor, you look for a good supplier who will supply the Boxers to you for as low as ₦5000 and all you have to do is to package and sell. 

   How do you make your own profit?

Let’s say you buy from your supplier at ₦200/Boxer and then you package 3 in 1 nylon and sell for ₦1000, you make a profit of ₦400 on it, after deducting your expenses you will be making about ₦200- ₦300  for each.

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