Do you know how to make income daily by providing services? What is your average small business daily income?
Generating daily residual income from small businesses is much easier these days than before. Several viable small daily income business ideas today can generate daily income for their owner.
And almost any serious-minded individual can take up many of these business opportunities.
How to Start a Daily Income Business + Lucrative Ideas and Business Plan
Young entrepreneurs can take advantage of many lucrative business ideas and end the financial mess in their life. It is just that few people lack knowledge about these businesses.
Some even think of starting a business that brings in everyday income but doesn’t know which business opportunity to venture into.
Here are 10 top business ideas that can generate daily income if you are serious about starting an everyday income business.
LIST OF DAILY INCOME BUSINESSES THAT MAKE GOOD MONEY
1. Food Canteen Business
A catering business is a daily income business idea anyone can venture into and make money. Starting this daily income-generating business involves just a little capital.
There are lots of people who will always patronize you if you have good food.
If cooking is your passion, having a food catering business is the ideal one for you. You need good customer service and build a strong relationship with your customers.
You must also have good management skills and employ good hands to assist you in cooking and running the canteen business.
2. Selling of London Used Clothes (Okrika)
This is a business that has been flourishing, especially in West Africa. About 48% of Nigerians patronize this business, but you won’t know because some good London used clothes look brand new.
Anybody can venture into this business. Presently, many students are into this business to raise cash daily to support themselves in school.
This business is guaranteed to generate daily income for you if you make a sale.
3. Freelance Writing
This is another daily income online business idea that anyone who loves writing can start and make money for him or herself. There are lots of entrepreneurs making six figures monthly from freelance writing.
You can visit www.okonjoseph.com and meet the guy for help on how to go about it. He is one of the people making big money in the freelance writing game.
He mentors anyone who wants to get into the business.
4. Pure Water and Table Water Business
Because of shame, some people don’t like this business idea.
They don’t know this business can generate ₦5000 on a business day. All you need to start this business is ₦1000 to buy bags of pure water or ₦3000 to cantons of table water.
You can hawk it mostly on any busy road with lots of traffic. You can also go and meet those people hawking and tell them that you can sell to them at a lower price than the regular price they are buying.
Another way to sell this water is to get those jobless beggars on the street to help you sell. Either give them ₦60 on every completed bag of pure water sold or take care of their lunch.
Either way, it is a win-win. What are you still waiting for?
5. Kerosene Resale
This is a must-use product in most homes in developing countries.
You can set yourself up as a supplier and sell to millions around your neighborhood. This is one of the most lucrative daily income business ideas that work.
You buy from filling stations or kerosene tankers at low prices and sell to the final consumers at a high price.
You don’t need to bother marketing the business; it sells itself because most homes buy this product for cooking and lighting up their homes (kerosene lamps) due to insufficient power supply.
6. Noodles Preparation Business
This is a popular business that is mainly known for being run by people from the northern side of Nigeria. But, these days, many youths have ventured into the business because they, too, can prepare the noodles to be spicy.
I know of a university graduate who started this business in the market due to not finding a job. Today, this guy is doing well and is happy with himself because he gets many customers daily for his business.
If you know you can prepare noodles that anybody will love, you can start a noodle preparation stand business in your area and start making money for yourself.
7. Transport Business
This is another popular business idea that can help you generate income daily in India.
If you have the capital, you can purchase a second-hand vehicle, tricycle, or motorcycle (if it is not banned in your state) and start making money daily.
8. Bakery Business
Do you know how to bake meat pie, egg row, or cake? Would you like to learn if you can make money from it? You better think about this business because it also is a lucrative business.
This business can be started with ₦5000 and above. You must get your oven, flour, sugar, fry pan, rolling board, stove/electric cooker/gas cooker, etc. These items are not that expensive in the market.
You don’t need a store for this business; you can start from the comfort of your home and sell to people in the street. You can choose to supply various stores at retail prices or choose to hawk them yourself.
9. Car Wash Business
You can either run this business yourself or get people who can do the job while you take your share of the money each person makes.
You need to get a space in busy streets or junctions; it will be better if it is close to a bar so people can just give you their car for washing while enjoying themselves.
You should have a look into this business because it is very profitable.
10. Hair Styling
This business idea involves you being knowledgeable in the skill. But, if you are good at managing a business, you can do what most entrepreneurs do.
You can open a hairstyling salon and employ an experienced hairstylist to do the job.
You pay them monthly for their services while you manage the daily income business, which involves getting customers, providing the machines needed for work, etc.