Top 8 Small Business Investment Opportunities in Yaounde

Yaoundé, la ville aux sept collines (the city of the seven hills), is the administrative and political capital of Cameroon.

With a population of 3,992,000, the main activities you can find in Yaoundé are mostly service-related – public service, trade and diplomatic services. It also has a considerable number of informal sector activities.

Are you living in Yaoundé and want something to do part-time or full-time? Checkout these top 8 businesses you can start in Yaoundé with little or no capital.

1. Real Estate Agent

Home Based: Can be operated from home

Part-Time: Can be operated part-time

Online Marketing? Can be marketed online

With the ever-growing population of Yaoundé, starting a real estate business will never be a wrong choice. This applies for both those who happen to have the money to invest and those who don’t have.

Since in this post I am concerned with those who don’t have enough capital, you can become a real estate agent and still make your profit.

When we hear of real estate, the first thing that comes into our mind is that it needs a lot of money to start.

Money only makes entry into the real estate market easier. This doesn’t mean someone with little or no money can’t start a real estate business.

You can do it. Yes, you can – with the right mindset.

You need to come up with creative and innovative ways to get a real estate deal with no financing.

How can this be done?

You can become a real estate facilitator of leads. That is, you become the link between those who want to buy, rent or sell a property.

Look for clients or agents who are in search of property and create your own database. After this stage, you now search for those who have what your clients are looking for (sellers).

Once you are able to identify your clients, then you can sell to those who have property.

You can also partner with real estate investors for more opportunities. You can opt to sell, rent or buy property on behalf of real estate investors.

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2. Interior Decoration

Home Based: Can be operated from home

Part-Time: Can be operated part-time

Online Marketing? Can be marketed online

Just like in Douala and Bamenda where interior design business grows with the growth in construction, interior decoration is one of the most trending businesses in Yaoundé.

The services of interior decorators are needed by residential buildings, hotels, restaurants and offices. A lot of business and diplomatic meetings take place in Yaoundé, which is the administrative capital of Cameroon.

What if you put in your decoration skills in designing the meeting places to make it beautiful and classy?

3. Transportation (Driving Services)

Home Based: Can be operated from home

Part-Time: Can be operated part-time

Online Marketing? Can be marketed online

Are you jobless or have no income generating idea? Can you drive? If yes, then this is for you. Rather than sitting at home with this skill doing nothing, take this simple business idea and make use of it.

Hundreds of people drive their cars between Douala – Yaoundé, Bamenda – Douala, Bafoussam – Yaoundé, just to name a few, to and fro same day.

This is very tiring and dangerous, especially after having a busy working day. It will be your duty to drive these persons back to their destination for a fee.

Your business will not only be profitable, but also help solve a community problem. It will help reduce the rate of accidents caused by tiredness on these roads.

For you to succeed in this business, you need to publicize your services as wide as possible. Social media, a website (if you can afford), word-of-mouth, business cards, etc.

Try this, I bet you will be employing others in future and creating a solid business. Giving your clients a quality service will be a plus in this business.

This is a new model which, if worked on well, will be very profitable.

Get in touch with us if you need help in developing this business idea.

4. Home Teaching / Private Tutor

Home Based: Can be operated from home

Part-Time: Can be operated part-time

Online Marketing? Can be marketed online

Tutoring is one of the most flexible businesses you can start in a town like Yaoundé. This business can be done at home as well as online. You can take it as a full-time or part-time business.

If you love books and can teach well, then don’t hesitate to try this business idea.

Home teaching or private tutor business is fairly easy to start. A good primary and secondary level education is needed if you want to start such a business.

Also, if you have an academic specialty, it will become a plus as you can earn more by helping kids at home or from home.

Subjects like maths and sciences are a problem for many students. You can pitch your idea to parents who have children of school-going age.

5. Daycare Services

Home Based: Can be operated from home

Part-Time: Can be operated part-time

Online Marketing? Can be marketed online

People are always looking for babysitters to take care of their children while they go about their businesses.

More and more parents nowadays are choosing full-time work and usually fail to be there with their kids all the time.

A child care business will be of great help to such parents, as it will help them to balance their time and responsibilities.

If you love children, know how to take care of them, and have nice a room where the kids can comfortable stay, then this business will be a good one for you.

What you may need in addition to the above are toys, comfortable chairs, and cleaning items. The surroundings of where you leave should also be neat and secured.

The market for quality daycare services is huge in Yaoundé. The economic opportunities and benefits will be huge in the coming years.

You can start a full-fledged daycare business from home and even hire people to work under you. If you need help starting a daycare business in Yaoundé, don’t hesitate to get in touch with us!

6. Data & Statistics Services

Home Based: Can be operated from home

Part-Time: Can be operated part-time

Online Marketing? Can be marketed online

Yaoundé houses all the Ministries and many international organizations you can find in Cameroon. This is a great opportunity for those who are skilled in data collection and statistical services.

If you are good at conducting research, carrying out interviews and surveys, then this is the time for you to put this skill to use.

7. Foreign Language Teacher

Home Based: Can be operated from home

Part-Time: Can be operated part-time

Online Marketing? Can be marketed online

If you can speak more than one language perfectly, then starting a foreign language instruction business will be exciting and profitable in a town like Yaoundé.

There are many expatriates in Yaoundé who need special language lessons for themselves or their kids. Some of them won’t mind paying you just to learn some local languages to ease their communication with locals.

8. Public Relation Agency

Home Based: Can be operated from home

Part-Time: Can be operated part-time

Online Marketing? Can be marketed online

You can start a public relations agency in Yaoundé and serve the needs of companies, businessmen and politicians as their image maker or spokesman.

Yaoundé is the political capital of Cameroon. Politics in the country starts and ends there. Many political parties start their campaigns from Yaoundé.

During political campaigns or when elections are around the corner, you can offer your services to politicians to organize campaigns and rallies.

You can help boost the image and profile of political candidates. Take note, this business is not profitable only when elections are around the corner. It just intensifies.

Preparation for the next elections starts the time after the results of the previous elections are read.

As a new entrepreneur, it’s very important for you to think about registering your business once you have started making some income.

In Cameroon, it may not be a necessary requirement for your business to be registered to carry out a business transaction. However, there are a lot of marketing and legal advantages if you register your business.

Checkout these 6 reasons why you should register your business. Once your business is registered, the reputation and the way people see your business is enhanced.

If your business deals mostly with corporate customers, then it should be a must for you to have a registered business. Most corporate customers work only with registered businesses.

Do you want to register your business in Yaoundé or anywhere in Cameroon? Get in touch with us now! Don’t hesitate to share with others in your network.

Someone somewhere in Yaoundé may just need this to start up something. Has your town not been mentioned? Don’t worry, more will be coming very soon.

Meanwhile, don’t hesitate to share with us any other businesses that you think can be run in Yaoundé with very little capital. Will gratefully update the post and credit you!

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Stay Tuned!

Photo by Samantha Gades on Unsplash