18 Businesses You Can Start with 50K in Cameroon
Are you pondering on which
business to set up with just 50K in Cameroon? One can start with 50k or less,
numerous petit businesses.
Every Cameroonian would
testify that things are getting tougher each day and one needs to think of any
business idea that can help support us purchasing our daily needs.
With this, nourishmymind.com
deemed it necessary to compile a list of some of the numerous businesses one
can start with just 50k in Cameroon.
Grab a cold glass of fruit
juice to sip while going through this write-up.
18 Businesses you can start with 50k in Cameroon
# 1. Selling Petrol (Black market)
I have always mentioned that if one wishes to engage in any business, it should be that which services would be in demand. It is for this reason that I propose to anyone who wishes to start a business with just 50k but does not know which business to set up to consider selling petrol.
Do you know why? Well, look
around you, there are numerous motorcycles and cars everywhere and most of them
require this service. Fuel is in constant demand. Have you also observed the fact that most bike
riders and drivers purchase petrol alongside the road?
The good news about this is
that with just 50k or less, anyone can venture into this business. Secondly,
you do not need to rent a place to expose the petrol. You can just keep an
empty container along the road indicating that you are selling petrol.
Drivers or bike riders can
explain what I am trying to explain better hahaha. They know their signs
better.
# 2. Plantain chips business
50k is much for this business. With just 20k taken into consideration, you need to purchase some items needed to commence. Plantain chips are fried crunchy and it is made from ripe or unripe plantains.
What do I need to start this
business? Buy a slicer, plantain, groundnut oil, stove and frying pan or pot,
sealer, and nice packaging. After this, what is next?
How can I market it? Well, you can make a business
arrangement with stores or school canteens, supermarkets, etc.
One could equally make a small
table along the road to sell. As little as one might see this business, it is
what provide for some people. They make their living from this.
It is a small lucrative
business I strongly urge anyone wondering which business to start with just 50k
at hand to set up.
# 3. Popcorn business
Another business to think of with just 50k or less in Cameroon is to start up a small popcorn business. Thanks to technology, things are much easier as compared to back in the day. You do not need to visit your mum’s three-side fireside or use a stove.
Get a popcorn-making machine, maze, sugar, package nylon, and a sealer. With this in place, you are good to go.
# 4. Sales of mobile accessories
Many would bear me witness that they have equally seen people hawking mobile accessories as well as entering big shops selling such commodities. Do you know why this business is booming and very profitable?
How do they describe this
generation? Android generation you got that correctly. Everyone wishes to
protect his or her mobile phone for better usage and longevity. Thus, making
this business lucrative.
Stop thinking too much. Just start
for it the start that is always difficult.
Also read: How to Start a MoMo Kiosk Business in Cameroon
# 5. Bead making
In the era in which we are, acquiring as many skills as possible is all it takes to survive and create a network of multiple sources of income. Bear in mind that one source of income would not take you anywhere.
Are you a beader pondering on
which business you can do in Cameroon with 50k at hand? You make use of your
skill. Get the necessary items you need to commence.
You can as well offer tutoring
services for those who are interested to learn. What are you waiting for?
# 6. Laundry/Dry cleaning Business
Laundry services is another lucrative business one can venture in with just a capital of 50k in Cameroon.
Many people are getting too
busy that they do not have the time to do their laundry, as well as there are
certain clothes one cannot wash at home and would prefer giving it to a pressing
for proper washing and ironing.
From my point of view, many individuals
are in this business. The question is why
are many venturing into such if they are not making real cash. The crucial
part is having a good strategy to attract more customers as well as a strategic
position.
Suggested: How to Start a Laundry Business in Cameroon. 6 Steps Needed to Start from Scratch
# 7. Smoothie/Fresh Fruits Juice Business
Health is wealth. We all wish
to go to heaven but no one wishes to die. With that slogan at heart, are you
still wondering on what to do?
No one who values his or her
health jokes with fruits and vegetables as it breeds living long and healthy. This
has led to the growth of the smoothie and fresh fruit juice business.
Acquire the necessary skill
needed to excel in this field. Learn about the various fruits and their mixture.
# 8. Car washing
With 50k or less, you can start this business. All you need is to buy some chemicals and equipment like a pressure washer, soap dispenser, and buckets to wash cars at the side of the road or gas stations.
# 9. Baking
Are you a baker? If yes, what is stopping you from starting a small-scale business with this skill of yours that many are craving to acquire? The good news is that you do not need to possess an oven before thinking of starting this business.
That is true. You can bake
with just a pot, stones, and fire. Bakers perfectly understand what I mean. You
can start by selling little cupcakes or chops to generate revenue.
You can also work on command
by doing cakes for birthdays, weddings, or any occasion in need of your
service.
# 10. Deodorant/Perfume business
You can start selling deodorant/perfumes with 50k at hand.
Thanks to the internet, things
are easier. Even if you do not have money at hand, you can make a good deal
with shop owners or retailers by taking good pictures of the products, and put
on your WhatsApp status while waiting on customers to make an order.
In case they order, you can collect
part of the money from them for payment to be completed upon delivery or they
pay the full amount, you get the product from the shop and make a profit.
Also read: Licenses and permits needed to start up a business in Cameroon
# 11. Irish and egg
The number 11th business on the list of businesses one can do with 50k in Cameroon is Irish and egg is colloquially known as “P E”. Food is a necessity that humans cannot do without. Thus, making it necessary for anyone wishing to start a small business to engage.
Most people who are in this
line of business work at night and are situated along the road. Are you a good
cook? Instead of serving just your family, why not serve others and earn some
extra cash? The choice is yours.
# 12. Yaourt and folere business
Some businesses are seasonal and this is the perfect opportunity to start this business as places are hot and one would need something cold to quench his or her thirst.
If you own a fridge and you
can do either yaourt or folere or both, why not use this opportunity to start
your small business? You can go as far as producing a meaningful quantity to
market to stores and shops or sell on school premises.
# 13. Make-up services
Looking beautiful is the priority of every woman, especially the young ones. Acquiring skills in this field is worth it, as your services would always be needed.
If you are a pro in the field,
it means more money as you might gain a contract to make up a bride and her
bride maids, or better still, you can teach others who are interested to
acquire the skill. With 50k, you can purchase the necessary makeup items to
start.
# 14. Manicure and pedicure
Just like make-up services, manicures
and pedicures are other lines of business that generate income for those who
are in the field.
Ladies if you have not acquired
any skill yet and wondering which to learn manicure and pedicure is a good
start. Learn this and thank me later.
Also read: Top 12 Lucrative Businesses to start in Cameroon with Little or no Capital
# 15. Roasting fish business
Roasting fish is another lucrative business I would advise someone good at it to engage in. Note that it is not just about making money because what would attract more customers in this line of business is the tasty yummy roasted fish you present.
How tasty is your fish? Have
you read the book “So Good They Can’t Ignore You” by Cal Newport? Do your fish in
such a way that everyone who visits your place will recommend it to others.
# 16. Selling of shoes/dresses
One can start this lucrative business in Cameroon with just 50k. Know your target population. Do you wish to sell women’s clothes or shoes, men’s or children’s?
How can I market my business? Well,
you can secure a small space along the road or a busy street. You can equally
make use of social media handles like Facebook, Instagram, WhatsApp, or TikTok
to advertise your products.
# 17. Food business
Am I the only one who seems to notice the trend of people posting no-contact fast food delivery? I guess you see that too. It is a good business strategy.
You do not need to rent a
space to sell or open a restaurant. All you need is to inform people of your
services, the different dishes you specialize in, and the days you cook.
With time after generating enough
income to own a restaurant, you can set up a place.
Also read: What Business Can I Start With 20K In Cameroon?
# 18. Soap Making
The last yet not the least of the businesses one can do with the sum of 50k at hand in Cameroon is to start making liquid soap for bathing or washing of dishes.
This small company if well managed
would expand. This is another important skill to acquire to earn passively.
Question of the day:
How many skills can you boost? Keeping academic or your qualifications aside, what can you do?
This question is not to
intimidate you but to push you to challenge yourself. Learning never ends. Be a
master of many trades, as those skills would help you in the end.
Some of the above-mentioned businesses
require one to learn first, before reaping the fruit of your labor.
Acquiring skills is the
driving force of this modern world bear this in mind. In addition, one
source of income would not make you the millionaire or billionaire you desire.
Learn many skills to create a
network of income. Show me a wealthy person that has one source of income and I
will show you a poor person who does not have but live to impress others (they plenty for street hahaha).
Thanks for your time.
