So, How Much Do You Really Need to Start a Business in Nigeria?

Dreaming of launching a business is exciting. But then comes the big question: “How much money do I actually need?” It’s easy to pull a number out of thin air, but surprise costs can crush a great idea before it even gets off the ground.

That’s why we made this calculator. It’s a simple, honest tool built for the Nigerian market. It walks you through all the real-world costs—from your CAC registration to that first month’s rent, so you can figure out a realistic budget and plan with confidence.

How It Works

It’s a really straightforward process:

1. Check the Categories: We’ve laid out the typical startup costs into sections like “Registration,” “Office Space,” and “Marketing.” Just click on any of them to see the details.
2. Plug in Your Numbers: The calculator has some average costs already filled in, but you can click any number and type in your own to match your specific plans.
3. Add Your Own Costs: Every business is different. If you have a cost we missed, just use the “+ Add Custom Item” button to add it to any section.
4. Get Your Grand Total: The tool adds everything up for you automatically at the bottom. That’s your magic number.
5. Share: You can share the result with yourself or others.

Why This Tool is a Game-Changer

Knowing your startup number changes everything. It takes the guesswork out of the equation and turns a dream into an actual plan. You can use this breakdown to write a solid business plan, pitch to investors, or just figure out how much you need to save up. Stop wondering and start planning.

A Few Common Questions (FAQ)

Are the costs the same everywhere in Nigeria? Not at all. The numbers we pre-filled are based on averages in big cities like Lagos. You should definitely treat them as a starting point. The best thing about this tool is you can easily change every single number to match the real costs in your area.

What if I’m starting an online-only business? Easy. For any section that doesn’t apply to you, like “Office / Workspace” or “Initial Inventory,” just leave the numbers at zero. The calculator will adjust everything for you.

Can I save or share my budget? Yep. After you’ve filled it all out, you can hit the “Share Report” button (if your browser supports it) to share or copy a quick summary of your startup costs.