25 Most Profitable Business Ideas in Uganda for 2022 with Small Money (2024)

Uganda is a country full of resources most of which are not utilized fully. Therefore you can start your business in this African country to earn good profits.

The economy of Uganda is a liberal economy and the Government supports and promotes all kinds of business initiatives. Hence starting your business in Uganda will be quite easy and favorable.

Uganda’s economy has been making progress for the last 2 decades. This is an advantage for you to start your business here and grow it.

Uganda has a highly regulated economy where there are options for free movement of capital within and outside the country. Hence you can start a business in Uganda at your convenience.

Business ideas need good planning and management. You have to research the demand and find out the potential customers of your business. This is a collection of business ideas that have a good demand in Uganda.

25 Business Ideas in Uganda

1. IT Services

There is a high demand for IT services in Uganda. Hence it is a prospective business idea for you. You can provide IT services that include software installation, data back-up, and recovery, cybersecurity, system maintenance, removal and protection against viruses, troubleshooting, etc.

The advantage of this business is that you can serve several customers at a time and provide many services from your end through remote control software like team viewer etc. You need good online marketing to get more clients.

2. Computer Repair and Maintenance

The digital system of Uganda is in constant need of repairing services. If you have the skill, you can start your computer repair and maintenance business in Uganda. This service is necessary for office set-up as well as homes. You can enter into annual contracts of repair and maintenance with your clients.

Correct and prompt services are the keywords of this business. Personal contact along with online and offline marketing is necessary for the growth of your business.

3. Mobile Phone Repair

Smartphones have wide popularity and usage in Uganda. Therefore you can start a mobile phone repairing business in this country. Find a busy locality for your shop. Personal contacts and word of the mouth publicity are important for the growth of your business.

4. App Making

Uganda is a fertile market for different kinds of apps. Hence it will be profitable for you to start an app-making business. You can make various apps related to online business, beauty care, fitness, road or vehicle tracking, etc. Health care and pharmacy apps have great demand in Uganda due to the scarcity of doctors. Online publicity of your app-making company along with a website is important for the growth of your app-making business.

5. Web Designing

Websites are much in demand for business enterprises in Uganda. If you are skilled in programming and coding, you can start a web designing business and earn good profits. You have to understand the business and the mission of your clients to design their websites.

Apart from that you must provide content and SEO support and design the website for maximum views and profit maximization of your clients. Good marketing and your company’s website are very important for your web designing business.

6. Digital Marketing

Digital marketing services have a good demand in Uganda. Hence it is a good business idea for you. In digital marketing, you have to provide services like online advertising, social media marketing, SEO services, digital ad making, and content support for websites and advertisements. Good online marketing, as well as personal contacts, are required for your digital marketing business.

7. Computer and Accessories Shop

Computers and smartphones are much in demand in Uganda. Therefore starting a computer and smartphone shop will be a profitable business idea for you. Make your shop a one-stop destination for all kinds of computers, laptops, smartphones, and computer accessories.

A good location is very important for your shop. Along with that, good décor and organized arrangement and display of things are also necessary. You have to invest in online and offline marketing and advertisements.

8. Mobile Money Transfer

Mobile money transfer is gradually becoming popular in Uganda. You can use this popularity and provide mobile money transfer facilities to the people and get paid for each successful transaction. Find a busy place where people have demands for this service. Your contact and networking will play an important role in getting you more clients.

9. E-Commerce

E-commerce is becoming very popular in Uganda. Hence e-commerce can be a viable business idea for you in Uganda. You can start an online shop of different types of commodities according to your investment and choice. There are options like online shop for grocery and food items, clothing, medicine, electronic goods, and many more items. You will need a good app for your online shop and good logistic support.

10. Online Teaching

In Uganda, the demand for education is very high and there is a scarcity of enough educational infrastructures. If you are an academic person and can invest in a long-term project, you can start an online school in Uganda. Apart from that, there are plenty of opportunities in online private teaching and the students may range from the school level to the college and university level also.

You can even start professional or grooming courses online. Good teaching and well-planned marketing are the main points of success in your online teaching business.

11. Solar Panel Manufacturing

Uganda has great potentials in solar energy. The government also gives a lot of priority to the solar energy sector. Hence you can start a solar panel manufacturing business in Uganda. Provide installation and maintenance services along with manufacturing.

Your clientele will include both offices and residential buildings. Proper marketing and publicity will make your solar panel manufacturing business more profitable.

12. Watermelon Farming

Watermelon is one of the most favorite fruits of the Ugandans. Hence watermelon farming is a very lucrative business idea for you. The fertile soil of the country is very good for growing watermelon. Start your watermelon farm on a big plot of land, using good seeds and fertilizers.

You can also do organic cultivation for better profits. Create a good network of sales of the fruits either locally or arrange for quick transport in the markets.

13. Dairy Farming

Dairy farming is a lucrative business in Uganda due to the high demand for dairy products. Therefore start your dairy farming business with cows as well as goats and sell the milk. However, instead of selling directly, you can send the milk to a processing unit. You can also set up a processing unit along with your farm and sell the processed milk. In that case, you need a good sales network.

14. Chicken Hatchery

The chicken hatchery is a lucrative business as it yields eggs as well as meat. Start your hatchery in Uganda and use local as well as hybrid chicks for eggs and broiler making a comfortable profit margin for you. Remember to keep a close eye on the health of the birds for the best quality eggs and meat. Consult a vet for any health problems of the birds. Feed them good quality food.

15. Piggery

Pork has a high demand in Uganda. Hence starting a piggery business is quite profitable for you. The piggery business has a high rate of profit as pork is in demand around the year. Be very careful about the infection of the pigs on your farm as it is a very common problem. Get in touch with the vet fast in case of infection. Sell your pigs to the butcheries and earn your profit.

16. Bee Keeping

Beekeeping or apiary is a high potential business idea in Uganda as there is a good demand for honey in the country for household consumption, medicine making, and as a sugar substitute. However, there is not enough production. Using this gap between demand and supply you can start a beekeeping business with modern techniques.

It will yield you honey and wax. Moreover, Uganda has the export license of honey to the EU countries. Therefore you have the opportunity of selling honey locally as well as exporting it.

17. Fish Farming

Fishes also have a good demand in the markets of Uganda. Therefore you can start a fish farming business. It can be done easily in your backyard by creating a pond or in a tank. Get some idea about fish farming before starting the business.

Make arrangements with the local fish sellers or the market for quick sales. You can also start your store adjacent to the farm for selling fresh fish. The profit margin is quite high.

18. Open a Salon

Ugandans, especially women are very particular about their hairstyles and beauty care. This means a salon business is a lucrative business idea for you in Uganda. Find a suitable location for your salon. Use the digital method of putting different kinds of hairstyles on the facial image of your client giving them various options to choose from.

This will be a good service point. Apart from that, you need good beauticians and the use of beauty products of reputed brands. Good online and offline marketing is also essential for getting more clients.

19. Dress Designing

Dress designing and tailoring are sought-after businesses in Uganda. If you know fashion designing you can make a good profit from a designing cum tailoring shop. Make a catalog of your designs and make some dresses according to them. Sell these readymade dresses along with providing tailoring service for your designs or as per order. A good personal network and publicity will increase your profits.

20. Bakery

Bakery items like cakes have a huge demand in Uganda. Therefore if you have the baking skill, you can start your bakery shop in Uganda. Serve freshly baked cakes, bread, and other bakery items to your customers. Locate your shop in a busy place. You can also sell cakes online against an order. The good quality of your baked food will give you word of the mouth publicity. Furthermore, you need online and offline marketing, especially social media marketing for your bakery services.

21. Café

Uganda is one of the leading coffee-producing nations of the world. That is why a café or a coffee shop is a profitable business idea for you in Uganda. The good location and décor and good quality of different varieties of coffee will make your café popular. Also, serve fast food and other snacks to get more customers. Good marketing and advertisements will make your café more profitable.

22. Restaurant/Food Delivery

The food business is a money-spinning business in Uganda. Start your restaurant where you can serve both local favorites and international cuisine. Along with the restaurant, start a unit of delivering food at the workplace or home because food delivery is also much in demand. Good food and service and well-planned marketing will make your profits go higher.

23. Grocery Store

Grocery stores have a good demand in Uganda. Therefore you can start your grocery store and get a good profit. Choose a busy residential area for your grocery store. Keep the items arranged in proper order and manner for the convenience of the customers. Keep the options of taking orders over the phone and delivering items at the doorstep for a specific distance. Door-to-door publicity, flyers and pamphlets and banners, and hoardings are effective marketing tools for your grocery store business.

24. Transport Business

Transport business is much in demand in Uganda. You can start a transport business in different ways. Firstly you can put your car to Uber service. Secondly, you can put your car on rent and thirdly, if you have capital you may start a long-distance bus service or goods carriage service. The transport business is profitable in all respects.

25. Tourism

Tourism is a great revenue-earning industry in Uganda. Hence you can start a tourist service business in Uganda and earn a good profit. As a travel and tour agency, you can take the entire responsibility of traveling in Uganda from flight to hotel booking and arranging trips to the places of tourist attractions like Queen Elizabeth National Park, Bwindi Forest, Kibale National Park, etc.

Good services along with online and offline marketing and website are essential to growing your tourism business. Obtain the necessary license and permits for your tourism business.

Frequently Asked Questions

Which business is the most popular and easy to start in Uganda?

Any business related to the service sector. In the growing economy of Uganda, the service sector plays the most important role.

What are the best places to start a business in Uganda?

Here are the top 5 cities to start a new business in Uganda:

  • Kampala
  • Nansana
  • Kira
  • Mbarara
  • Masaka

How can I get funding for my business in Uganda?

There are different schemes of funding in Uganda. These include Youth Livelihood Funds, Skills Development Fund, Crowdfunding, Agriculture Credit Facility, Women Funds, etc.

It is always good to start your business in a growing economy. Uganda provides you with the benefits of a rising economy where you will be able to use your skill as well as innovation. That will yield a positive result for you.

99BusinessDesk

About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their business. Our aim is to educate the entrepreneur on the various stages of entrepreneurship.

25 Most Profitable Business Ideas in Uganda for 2022 with Small Money (2024)

FAQs

25 Most Profitable Business Ideas in Uganda for 2022 with Small Money? ›

25 Business Ideas in Uganda
  • IT Services. There is a high demand for IT services in Uganda. ...
  • Computer Repair and Maintenance. The digital system of Uganda is in constant need of repairing services. ...
  • Mobile Phone Repair. ...
  • App Making. ...
  • Web Designing. ...
  • Digital Marketing. ...
  • Computer and Accessories Shop. ...
  • Mobile Money Transfer.

What business will grow in 2022? ›

The fastest growing small businesses in 2022
  • Residential remodeling. ...
  • Home health care. ...
  • Animal care and services. ...
  • Digital events. ...
  • Wedding businesses. ...
  • Neighborhood or online nursery businesses. ...
  • Tutoring and online learning. ...
  • Food delivery.
Feb 10, 2022

Which small business is profitable in Uganda? ›

Boda boda business

This is one of the lucrative business ideas in Uganda that young people especially are venturing into in large numbers. If you are still looking for a job and have some money saved up, this is a good business start. A motorcycle in Uganda costs from Ugsh 2,500,000 to 4,000,000.

What business can one start with 500000? ›

In this piece, you will find 10 Businesses You Can Start with 500k in Nigeria.
  • Mini Importation Business. ...
  • Sales of Clothes and Shoes. ...
  • Barbing Saloon Business. ...
  • Football Viewing Center/Game Center. ...
  • Hair Dressing. ...
  • Real Estate Business. ...
  • Block Moulding Business. ...
  • Computer Service Center.

Which is the most profitable business in Uganda? ›

What are the most profitable business ventures in Uganda?
  1. 1 Agricultural production. Food is one the primary requirements in any society. ...
  2. 2 Restaurants. ...
  3. 3 Pharmaceutical services. ...
  4. 4 Transport services. ...
  5. 5 Education services. ...
  6. 6 One-stop shopping centers. ...
  7. 7 Salon services. ...
  8. 8 Tourism.
May 1, 2020

What should I start with in 2022? ›

Top 10 Startup and Small Business Ideas to Try in 2022
  • Cleaning service. Consider starting a cleaning business if you don't mind doing the dirty work others cannot do for themselves. ...
  • Freelance Writing Business. ...
  • Amazon Kindle Publishing. ...
  • Daycare. ...
  • Pet Grooming. ...
  • Aerial Photography. ...
  • Build and Sell Themes Online. ...
  • Blogging.

What products will be in high demand 2022? ›

Trending products to sell in 2022: hi-tech products and accessories
  1. Screen protectors and films. Analysts report that the display market is set to keep growing rapidly. ...
  2. Wireless charging stations. ...
  3. Phone cases. ...
  4. Wearable devices. ...
  5. Phone tripods. ...
  6. Microphones.
Mar 17, 2022

Which business can I start with 500000 Uganda shillings? ›

PHONES SALES BUSINESS

People buy phone every day and will still buy tomorrow and will still continue to buy, with Ugx. 500,000 you can start phone business in Kampala.

What is the cheapest business to start in Uganda? ›

25 Business Ideas in Uganda
  1. IT Services. There is a high demand for IT services in Uganda. ...
  2. Computer Repair and Maintenance. The digital system of Uganda is in constant need of repairing services. ...
  3. Mobile Phone Repair. ...
  4. App Making. ...
  5. Web Designing. ...
  6. Digital Marketing. ...
  7. Computer and Accessories Shop. ...
  8. Mobile Money Transfer.

What businesses are in demand? ›

The Most In-Demand Small Business Ideas to Consider When Starting Your Business
  1. Social Media Consulting. ...
  2. Senior Care Services. ...
  3. Smart Product Development. ...
  4. Organic Beauty Products. ...
  5. Healthy Fast Food. ...
  6. Healthcare Consulting. ...
  7. Crowdfunding Consulting. ...
  8. Wheelchair Repair.

Which business can I start with 1million? ›

Eatery/Restaurant Business: Eatery or restaurant is an eating establishment where people purchase and eat food. This is a very lucrative business in Nigeria, although not without challenges. With one million naira, one can secure or rent a place and get it properly equipped for restaurant business.

Which business can I start with 50K? ›

What Business Can I Start With 50K In Nigeria?
  • Noodle Stand. Starting a noodle stand is a business that is quite profitable in many parts of Nigeria. ...
  • Soap Production. ...
  • Perfume Oil Sales. ...
  • Thrift Shop. ...
  • Popcorn Production Business. ...
  • Mini-Importation Business. ...
  • Become A Used-Car Seller. ...
  • Start A Printing/Branding Business.
Apr 21, 2021

Which business can I start with 200000? ›

Business you can start with 200k
  • Paint production: with 200k you can start a paint production business. ...
  • Logistics: you can also start a logistics business with 200k, depending on the resources available. ( ...
  • Food business: with 200k you can start a food business and make cools profits. (
Jan 16, 2022

What are the most successful small businesses? ›

14 profitable small business ideas worth starting in 2021
  • Home improvement services. In 2020, the housing market saw its highest pace of growth since 2005. ...
  • Cleaning services. ...
  • Tutoring services. ...
  • Personal training and fitness instructors. ...
  • Delivery services. ...
  • Digital marketing services. ...
  • App development. ...
  • Accounting services.
Mar 17, 2021

What business can I start with 5m? ›

What Business Can I Do with 5 Million Naira In Nigeria?
  • Start a school of your own.
  • Start an agro-chemical industry.
  • Acquire real estate.
  • Become a motor dealer.
  • Establish a private broadcasting corporation.
  • Become a major distributor for a pharmaceutical company.
  • Look for investment opportunities.

What should I invest in Uganda? ›

Uganda's Priority Sectors for Investment
  • Oil and Gas:
  • Investment Projects.
  • Building and Construction.
  • Transport (Aviation)
  • Oil and Gas (Oil distribution)
  • Information Communication Technology (ICT)
  • Fruit Pulp Processing.

What is the best business for 2022? ›

Most Profitable Small Business Ideas for 2022
  • Social Media Marketing Agency. ...
  • Senior Care Services. ...
  • Organic Beauty Products. ...
  • Healthcare Consulting. ...
  • Healthy Fast Food. ...
  • Ghostwriting. ...
  • Translation Services. ...
  • Auto Repair Concierge.

Is 2022 a good year to start a business? ›

A year later, this trend has continued, and it's not slowing down any time soon. In November 2021, Americans filed 432,034 business applications. The message here is clear: if you've ever wanted to be your boss, 2022 is a great time to build your business.

What is the most profitable business to start in 2022? ›

10 of the Most Profitable Small Businesses To Start in 2022
  • Print-on-Demand.
  • Coffee Subscriptions.
  • Landscaping and Gardening.
  • Furniture.
  • Web Design.
  • Online Advertising.
  • Social Media Management.
  • Cleaning.
Mar 7, 2022

What is the best thing to sell in 2022? ›

70+ Best-Selling Products to Sell Online in 2022
  • Apparel & Accessories.
  • Babywear and Accessories.
  • Beauty & Personal Grooming Products 4.
  • Car Accessories.
  • Health & Wellness.
  • Fitness and Sports Equipment.
  • Homeware and Decor.
  • Jewelry and Accessories.
Apr 17, 2022

What is the most searched product on Google 2022? ›

‪‪2022 Shopping Trends‬‬
  • Clothing. 41% of searches.
  • Video Games. 30% of searches.
  • Toys. 14% of searches.
  • Cosmetics. 10% of searches.
  • Home appliance. 3% of searches.
  • Electronics. 2% of searches.

What products will be trending in 2021? ›

21 Best Selling Products Online in 2021
  • Reusable water bottles are among trending products now.
  • Board games.
  • Wireless charging stations.
  • Dog jackets.
  • Yoga and Pilates mats.
  • Jigsaw puzzles.
  • Laptop skins.
  • Posture corrector.
Feb 10, 2021

How can I start a simple business in Uganda? ›

But first, consider the following steps before starting a business in Uganda.
  1. Step 1: Conduct Research. ...
  2. Step 2: Write a Business Plan. ...
  3. Step 3: Source and Plan for Capital. ...
  4. Step 4: Choose a Business Structure. ...
  5. Step 5: Register Your Business. ...
  6. Step 6: Acquire Business Licenses and Permits. ...
  7. Step 7: Select a Suitable Location.

How much does it cost to start a chapati business in Uganda? ›

Startup capital is as low as Shs 100,000 to Shs 300,000 at most. This will include the rent which in most cases are shop verandahs or open yards which cost from Shs 2,000 for those who pay per night, Shs 20,000 to Shs 50,000 a month or maybe Shs 100,000 to Shs 200,000 a month in high class ends.

How do I start a mobile money business in Uganda? ›

How To Become An Agent
  1. Register Mobile Money Customers.
  2. Deposit cash into registered customer account.
  3. Process cash withdrawals for registered & non-registered customers.

How can I make extra money in Uganda? ›

Making Money Online in Uganda – A Quick Guide
  1. 1 Article or Content Writing and Rewriting.
  2. 2 Affiliate Marketing.
  3. 3 Start your own Website/Blog.
  4. 4 Surveys and Reviews.
  5. 5 Virtual Assistantship.
  6. 6 Data Entry.
  7. 7 Gaming and betting.
Sep 18, 2021

Which business can I start with small capital? ›

If you want to start a low-cost business, these 25 ideas will help inspire your entrepreneurial passion.
  • Content creation. ...
  • Personal or virtual assistant. ...
  • Event planning services. ...
  • Errand/concierge service. ...
  • Professional reviewer. ...
  • Social media consultant. ...
  • Etsy shop. ...
  • Online courses and tutoring.

Is Mobile Money profitable in Uganda? ›

Mr Victor Aryatura, an agent operating in Namugongo, Wakiso District, says mobile money is no longer a very profitable venture for one to rely on independently nowadays due to the slashed commission fees. He says he has had to operate the business alongside selling other items to make ends meet.

What are the top 5 most profitable businesses? ›

Most Profitable Business Ideas
  1. Business Consulting. If you're an expert in your industry and have been working at it for years, you should consider consulting. ...
  2. IT Support, Technology Consulting, and Repair. ...
  3. Cleaning Services. ...
  4. Accounting and Tax Preparation. ...
  5. Auto Repair. ...
  6. Real Estate.

Which business is best for beginners? ›

99 Best Online Business Ideas for Beginners
  • Start a Subscription Box. Subscription boxes are everywhere you look these days, it seems so why not take a piece of that pie for yourself? ...
  • Start a Blog. ...
  • Start an Advertising Network. ...
  • Affiliate Marketing. ...
  • Ad Management. ...
  • Digital Marketing. ...
  • Search Engine Optimization. ...
  • Lead Generation.
May 17, 2022

What is the easiest business to start? ›

16 Easy Businesses to Start
  • Event Planning. ...
  • Gardening and Landscaping Services. ...
  • DJing. ...
  • Painting. ...
  • Yoga Instruction. ...
  • Local Tour Guide. Image (c) Zero Creatives / Getty Images. ...
  • Tutoring. Tutor helping one of her students. ...
  • You Don't Need Much Money But You Do Need... Couple running small gardening business.
Dec 13, 2019

What kind of business can I start with 1.5 million? ›

12 Businesses You Can Start with N1m in Nigeria
  • Supermarket.
  • Restaurant Business. Boutique Business.
  • Fairly Used Laptops.
  • Bakery Business.
  • Poultry Farming.
  • Fish Farming.
  • Computer Service Center.
  • Sports Betting.

What businesses make millions? ›

9 best million-dollar business ideas
  1. B2B products and services. ...
  2. Online education. ...
  3. Wellness offerings. ...
  4. Food delivery services. ...
  5. Wedding services and products. ...
  6. Dropshipping business. ...
  7. Food truck. ...
  8. Subscription model business.

How do start my own business? ›

  1. Conduct market research. Market research will tell you if there's an opportunity to turn your idea into a successful business. ...
  2. Write your business plan. ...
  3. Fund your business. ...
  4. Pick your business location. ...
  5. Choose a business structure. ...
  6. Choose your business name. ...
  7. Register your business. ...
  8. Get federal and state tax IDs.

Which business can I start with 10k? ›

The Best Businesses to Start With 10k
  • A Small Nest Egg Can Create Big Opportunities. ...
  • QUIZ: WHAT BUSINESS IS BEST FOR YOU? ...
  • Import/Export Business. ...
  • Online Store. ...
  • Framing Business. ...
  • Senior Care Business. ...
  • Hauling Service. ...
  • Home Staging Business.

What business can I do to make money? ›

30 Top Money Making Small Business Ideas
  1. Proofreading Services. If you love to correct grammar and punctuation, offering proofreading may be a great new business to start. ...
  2. Social Media Manager. ...
  3. Podcast Producer or Editor. ...
  4. Graphic Designer. ...
  5. Travel Agent. ...
  6. Career or Life Coach. ...
  7. Food Delivery Services. ...
  8. Furniture Maker.
Feb 17, 2020

What business can be started with 30000? ›

List of great businesses to start with 30k in Kenya
  • Daycare. This is the best business to start with little money. ...
  • Grocery store. ...
  • Car wash. ...
  • Small poultry farm. ...
  • Selling second-hand clothes. ...
  • Pedicure and manicure business. ...
  • Selling fresh juice and fruit salad. ...
  • Office supplies business.
Dec 7, 2021

Which business can I start with 100000? ›

The following are the best business ideas you may start with 100k naira and grow into a successful enterprise.
  • E-PAYMENT/P.O.S. SERVICES. ...
  • CRYPTOCURRENCY TRADE. ...
  • PHONE CHARGING BUSINESS. ...
  • FOOD STUFF BUSINESS. ...
  • FOODSTUFF TRANSPORT BUSINESS. ...
  • FRUIT DRINK BUSINESS. ...
  • SMALL-SCALE IMPORTATION SERVICE. ...
  • CATERING SERVICE.
Mar 8, 2022

Which business can I start with 100k? ›

Here are 60 good businesses to start with 100k in Nigeria:
  • Cooking & delivery business. ...
  • Content writer. ...
  • Car wash business. ...
  • Daycare services. ...
  • Fairly used goods or second hand items. ...
  • Laundry business. ...
  • Mini importation business. ...
  • Production and sales of hand sanitizers.
Jan 22, 2021

What business brings in the most money? ›

Here are the 15 most profitable industries in 2016, ranked by net profit margin:
  • Accounting, tax prep, bookkeeping, payroll services: 18.3%
  • Legal services: 17.4%
  • Lessors of real estate: 17.4%
  • Outpatient care centers: 15.9%
  • Offices of real estate agents and brokers: 14.8%
  • Offices of other health practitioners: 14.2%
Nov 7, 2016

What services are in high demand? ›

The U.S. Chamber of Commerce says seven service-based businesses will be in high demand as we continue to social distance:
  • box subscriptions.
  • commercial cleaning.
  • errand services.
  • freelance copywriting and design.
  • IT and cybersecurity consulting.
  • teletherapy.
  • virtual personal training.
Jan 1, 2021

Which business will be in demand in future? ›

It is predicted that businesses that are based on collaborative economy models will enjoy immense success in the next few years. Some good examples are Airbnb, Uber, Ola and Lyft. These types of businesses not only help the final customers, but also assist the service providers and ultimately make commissions.

What is the most profitable business in 2021? ›

10 Most Profitable Businesses in 2021
  • Tutoring Business. ...
  • Fitness Business. ...
  • Delivery Business. ...
  • Digital Marketing Business. ...
  • App Development Business.
Apr 13, 2021

What business can someone do? ›

Top 40 lucrative businesses in Nigeria you can start considering today.
  • 1. Facebook Marketing Business. ...
  • Poultry farming. ...
  • Email marketing. ...
  • Website Design. ...
  • Whatsapp Marketing. ...
  • Become a Virtual Assistant. ...
  • Search engine optimization business (SEO) ...
  • Content marketing.

What kind of business can I start with two million naira? ›

With two million naira in account, you can invest into businesses like recharge card dealership which allow you to represent the mobile telecommunication networks as a dealer for distributing or selling recharge cards and data bundles to subscribers/customers across the nation.

What are 4 types of investments? ›

There are four main investment types, or asset classes, that you can choose from, each with distinct characteristics, risks and benefits.
  • Growth investments. ...
  • Shares. ...
  • Property. ...
  • Defensive investments. ...
  • Cash. ...
  • Fixed interest.

What is the safest type of investment? ›

U.S. Treasury bonds are widely considered the safest investments on earth. Because the United States government has never defaulted on its debt, investors see U.S. Treasuries as highly secure investment vehicles.

Which companies sell shares in Uganda? ›

Uganda Securities Exchange Share Prices
CompanyPriceYTD %
Uganda Clays20.00+53.85
MTN190.00-2.56
Umeme245.00+29.63
Bank of Baroda85.00-10.99
12 more rows

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