If you want to establish your own business but don't know where to start, this article will give you 7 untapped business ideas in Kenya for 2021/22.
Kenya is a business opportunity ripe for the taking. There are a lot of untapped chances in the industry that you may turn into profitable businesses if you know what you're doing.
1. Making and selling soup bone
Chicken bone soup and beef bone soup, to be exact. That's where I begin. It's amazing how many people are aware of the advantages of bone broth.
On a more serious note, this scheme should initially net you at least Ksh.500. If you keep improving your product, you'll be able to earn hundreds of dollars every day sooner rather than later.
2. Lending out soft loans
Everyone else is aware of how tough it is to obtain funds. But how could I have amassed enough wealth to be able to lend it out to others?
You may start by giving coworkers low-interest soft loans. Begin by doing it manually and on the side, then progress to being a formal small-scale lender as you get expertise.
3. Starting a mkokoteni business
Personally, I've never considered this to be an useful possession. It does, however, turn out to be a hidden gem.
Invest in these handcarts and rent them out for a fee per day, voyage, or whatever you like. Depending on your location and the number of carts you have, you may make hundreds of dollars per day.
4. Video production
If you're passionate about videos, films, and other comparable media, you can hone your skills and turn your hobby into a lucrative business.
You'll need a smart camera, a laptop, and video editing software to complete the project. You can also rent a camera, however I've done this before and know how expensive it can get.
5. Start forex trading
One of the newest businesses to emerge in Kenya is forex trading. This is by far the most actively traded financial market on the planet, and it rewards those that put in the effort.
With a $10 commitment, you may begin small and work your way up the ladder as your expertise and confidence grow.
6. Selling boiled kienyeji eggs
A handful of adventurous kienyeji poultry farmers are reaping the benefits of standing out. If being hands-on with the chicken sounds like too much work, simply go egg hunting and buy eggs from smallholder farmers.
Then contact restaurants, houses, motels, and even hospitals to market to them. Doctors now strongly advocate these eggs as part of a balanced diet.
You may even start making some to sell at your local market as quick snacks. It's a lesser-known notion, but it has the potential to pay off handsomely.
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