What Business Can I Start With 20K In Cameroon?
Humble beginnings are what it took many big companies, enterprises, and
consulting firms just to name a few to become the multi-million/billion
companies we have today. Everyone must start from somewhere to get to his or
her desired destination.
Likewise business. Who says with just 20K at hand you
cannot set up a small business? You can, let the amount not be a demotivating
factor. You can multiply your earnings and expand the business with good
management and strategy.
Thinking big is good but if you cannot afford the
amount of money required to start your desired business line, rethink and start
with the little you possess.
Stop hoping and start doing something with what you
have. Instead of walking around and telling lies about situations, or worse,
begging for money, why not start your own business?
There is a popular visually impaired man in Molyko who
sells I think detergent (OMO) or Javel if not mistaken. If he can think of setting
up a business despite the circumstance, why not you?
It is so disheartening to see a capable young man who
can work 10,000 FRS per day on a building construction site walking around and
deceiving people. So, without taking much of your time, let us jump right into
our topic of interest.
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Top 10 Businesses to Start with Just 20K in Cameroon
# 1. Jewelry business
The first business on the list as compiled by
nourishmymind.com to commence with just 20k at hand is considering selling jewelry.
Do you wish to sell just for men or women?
Know your target population, the kind of jewelry line you would love to engage in, or a mixture of everything. Let us say for
instance you choose to sell just earrings, bracelets, finger rings, necklaces, etc.,
or do a little of the aforementioned items.
The choice is yours. Let me share a little secret of
mine that I am supposed to keep discrete. The majority of young girls are into
fashion and following trends. Wearing fingerings on all fingers is what is trending
recently.
Why not seize this opportunity to set up this little
lucrative business? With just 12.000 FRS, you can get a packet of finger rings.
There are 36 in a packet; better still, you can get a packet of 100 finger
rings for the cost of 15.000 FRS.
Mboppi market is the perfect spot for all sought pieces
of jewelry. Do not forget to mention that you are buying to sell. The choice is
yours; he who has ears should listen.
# 2. Selling Shoes/Slippers
Rather than wait on the government to do something
that we both know will not happen anytime soon, why not engage in the business
line of selling shoes/slippers?
The question is how can I market myself? Well, you
might choose to hawk, as this would allow you to meet a greater number of
people, you could secure a spot/place on a busy street or along the road to expose,
your business, or you can advertise on your WhatsApp status.
Where can I buy these shoes to sell? Marche douche is
meant for this located at the economic capital of Cameroon, Douala.
# 3. Selling Dresses
Fashion fashion fashion!!! Selling dresses is one of
the lucrative businesses I would advise anyone intending to start up a small
business to consider engaging. Do you know why? That is because it is a
commodity we cannot do without to an extent.
Ask yourself which line of clothing you wish to
venture in. Which group of people will I target? When these two questions are answered,
you would be more focused. Do you wish to sell male, female, or kid’s dresses?
In case you choose to sell things for men, what specifically
do you wish to sell? From my observation, some individuals working on a smaller
scale sell boxers (men’s underwear) and innerwear, socks, trousers only,
t-shirts or polo, pullovers, and shirts just to name a few.
You can still cut across it all depends on you. Still,
thinking?
# 4. Selling perfumes/deodorants
All you need is a bag to carry your products while
exposing a few by holding them. Bear in mind that with just 20k you can
commence this line of business in Cameroon.
The best way to sell is to walk around to market yourself as well as use social media handles like WhatsApp and Facebook to reach out to many people.
# 5. Selling Bags (Handbags or purses)
No matter the number of handbags or purses a woman
possesses, she will want to purchase another. Women never get tired of buying
new things as much as it is within their reach.
I am sure you
already know where I am heading by now. This is another opportunity to grab
then thank me later.
You could decide to sell fairly used or second-hand handbags
from china (Fliperi) or buy those that have not been used. For second-hand handbags,
you can purchase them from marche nkololo.
Also read: Licenses and permits needed to start up a business in Cameroon
# 6. Sales of mobile accessories
The selling of mobile accessories is another good line
of business I urge anyone aspiring to start up a small business with an amount
of 20k in Cameroon to venture in. 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.
# 7. Selling Fuel
Selling petrol is another lucrative line of business
one can engage in with just 20k at hand. You can buy 20 liters for a start.
All you need to do is keep an empty container along
the road to indicate that petrol is available. This action alone is ok as
drivers or bike men know their signs.
# 8. Selling fruits
Health is wealth and any individual who values his or
her health knows the importance of fruits.
With 20k or less, you can set up this business. You can
set a table along the road or on a busy street.
# 9. Operating a Salon/Barber Shop
Starting a salon or a barbershop does not require a
lot of money. A Shaving machine costs around 5000 FRS and other appliances necessary
when shaving.
In case renting a place is a bit expensive, you could decide
to offer your service to your clients from the comfort of their homes.
# 10. Bedsheet/Beddings Production
With 20k, you start selling Okrika bedsheets and make
a reasonable amount of interest. You could decide to walk around to advertise
or look for a small shop or table to sell in the market.
Concluding remark
Keep in mind that starting a business does not require
hundreds of thousands of shillings. You can start a business with the little
money you have saved or have access to.
There are many examples of people who have achieved
success and built reputable businesses from humble beginnings.
What a fantastic post. Indeed these are great bussinesses you can start in Cameroon with very little capital. In addtion, understanding how to use digital media as a markting tool can greatly enhance the potentail of your small business. By mastering Digital Marketing, you can expand your customer base and reach markets that you would otherwise not be able to reach phuysically. Learning ditgital marketing is a great recommedation for anyone with very little capital but who is looking forwatd to not only starting a business with less than 20k but also ensuring that this business is successful.
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