Having a high or yield or lucrative small business idea in Cameroon is the wish of every young man or woman in Cameroon.
Having a high yield or lucrative small business idea in Cameroon is the wish of every young man or woman in Cameroon. But to be able to decipher which small business idea is the best out of the thousands of ideas out there is another problem.
Today, we at hippotechgroup will help you break down these ideas by giving you the top 10 high yield small business ideas in Cameroon, which will help you choose what is suitable based on your vision and needs.
Some of these ideas require very little capital to kick-off and can be done online and offline. The sweetest thing about some is that you can do it in the comfort of your home.
Top 10 High Yield (Lucrative) Small Business Ideas in Cameroon
- Poultry Farming
- Tomato Farming Business
- Snail Rearing
- Home Services ( Cleaning Services and Property Maintenance)
- Mobile Hairdresser Services
- Freelance Content Writing (Ghost Writer)
- Fitness Business (Gym Services)
- Food Truck/Mobile Business
- Website Designing
- T-shirts and Logo Design
- Sales of Mobile Phone Accessories
1. Poultry Farming
Regarding agricultural research in Cameroon, poultry farming is considered one of the easiest and most lucrative high yielding small business ideas one can begin in Cameroon.
The good thing about poultry farming is, the birds grow fast, are easy to rear and quickly develop to market weight. Also, you can kick-off as a small scale farmer and, in the time, scale up to large scale farming.
With the poultry business, you can decide on one of the following methods:
- Buy day-old chicks and rear them to table birds and sell.
- Buy the table birds and fatten them up for two weeks and sell.
- Buy layers and raise them till they begin producing eggs for sale.
2. Tomato Farming Business
Agriculture in Cameroon provides countless high yield or lucrative small business ideas that can fetch you good cash. One of the venues in agriculture is setting up a tomato farm. Setting up a tomato farm isn't expensive.
However, before you kick off your tomato farm, it will be wise of you to inquire what species of tomatoes are in demand. Based on popular demand, such information can easily be gotten from tomato seed suppliers.
3. Snail Rearing
Snails have gradually become a significant source of protein in most Cameroon homes today, and it is loved by many. Therefore if you can establish yourself as a snail retailer (plug), you are definitely on the part to make so much money.
Rearing snails demand very little money, effort, space and shelter. Also, snails tend to reproduce faster, and there's always a ready market for them, no matter the season.
4. Home Services ( Cleaning and Property Maintenance)
Nowadays, especially in the towns, most homes require the services of someone to pass by once or twice a week to wash dresses and dry clean or mop the floors.
Other home services include property maintenance like plumbing, painting, cleaning the gutters, cleaning the yard. These services will always be in demand are very lucrative, and you can begin this service with 50,000 frs maximum. Print out flyers and share them with people, and you will be shocked by the number of persons who will contact you.
5. Mobile Hairdresser Services
The current pandemic has pushed the mobile services sector to reach its peak in all aspects. The likes of Uber, UberEats and Amazon continue to make waves. This does not live out the local man who can provide mobile hairdressing services.
To excel in this service, you need to provide quality services to make it a high yield small business. A mobile hairdressing salon does not need much money to kick start this; with 50,000 frs, you are good to go. All you need to add is to market yourself and create a ripple effect via your first customers.
6. Freelance Content Writing (Ghost Writer)
Freelance services online in any form can fetch you good cash. Looking at Content writing, if you are a student and are searching for ways to earn money online in Cameroon, this is an excellent place to start. All you need is a computer and learn the art of writing articles.
With this skill, you can write articles for media agencies, blogs, and startups. They will pay big time for someone who can write genuine good content that is not plagiarised. These blogs or websites could be an advertisement, websites, or blogs. Some will even pay you for your editing services.
See Also: 6 Tips to Write Impressive Blog Content Every week
7. Fitness Business (Gym Services)
Nowadays, so many people search for a fitness coach or physical trainer to help them lose some weight or keep fit. Learning these skills and setting up morning or evening fitness classes can be lucrative. You can go to the extent of renting a place to hold your sporting sessions, and in the long run, you set up a gym. This business requires minimal effort to start up.
8. Food Truck/Mobile Business
Food for thought which food sells fast in Cameroon? Let's take a minute to think about this, everyone eats, everyone needs a place to eat, and there is always somebody ready to buy food and eat regardless of the location. With this in mind, the food business will always be lucrative in Cameroon, thriving for years. Establishing a food truck business in Cameroon comes with many benefits for an entrepreneur.
To stand out and succeed in this business, you need to choose a niche, a market and a special menu. Pick your market carefully where you believe returns are higher. Also, target a group of people to serve like workers in big companies, multinational organizations, bike riders and develop a relationship with their HR departments to allow you to bring your food during their lunch or within specific hours of the day.
9. Website Designing
10. T-shirts and Logo Design
Designing T-shirts for companies, birthday parties, funerals, schools, Njangis etc., and logos is a business that is lucrative and high yielding. There are always countless people who need these services. This small business requires 300,000 frs to start up, but you need to undergo some online or offline training to acquire this skill.
See Also: How to Begin a Career in Graphic Design in Cameroon
Sales of Mobile Phone Accessories
Sales of mobile phones accessories is a highly lucrative business in Cameroon today. The emergence of smartphones has increased the number of people who demand mobile phones to communicate. Statistics in Cameroon shows that these users will only increase with time.
Venturing into this business is sure to bring high yields for a small business. Some examples of phone accessories that are in demand include power banks, batteries, battery chargers, memory cards, AirPods, earpieces, USB cables, SD cards, phone cases, screen guards, etc. With 50,000 to 100,000 frs, you are good to go.
No matter how easy and promising a business may sound, for entrepreneurs to be successful, they need to have a plan, be disciplined and be patient. These skills will help them turn the business into a gold mine.