Starting a business is an excellent idea if you have been looking for a job for a long time with little luck or if you are working but want to raise your income.
If you've been wondering which is the most profitable business to start in Kenya or how much money do you need to start a business in Kenya, this list will come in helpful.
If you're looking for a business to start with Ksh. 20k in Kenya, here's a list of possibilities to consider.
1. Importing unique items from China
Alibaba, for example, has thousands of products that you can sell in Kenya. There are also plenty of shipping firms that can deliver your products right to your door.
Toys, for example, will cost between 1-2 dollars on Alibaba and can be sold for 600 or more locally. You only need a solid source, a dependable shipping provider, and an eye for distinctive goods to succeed in this business.
If you're unsure what to sell, look through various social media groups to see what products are in high demand. Once you've selected what you want to sell, go to Alibaba and look for suppliers.
2. Pedicure/manicure business
It is not necessary to spend a lot of money to start a manicure business. A manicure set, a selection of nail paints, and a UV drying lamp are all you need. All of these may be had for Ksh. 15,000 or less.
Begin by making house calls and gradually expand your clientele. You can open a nail shop once you've established yourself and made enough money from your current business.
The quality of your services will decide your success in the nail business, or any other beauty-related business for that matter. Offer high-quality services and a memorable customer experience, and you'll be booked for months in advance.
3. Opening an online shop at Jumia, Kilimall and Skygarden
When selling online, you don't have to acquire inventory, allowing you to add hundreds of items to your store. You're good to go as long as the products are widely available in Kamukunji and Dubois.
The only drawback is that these platforms only accept merchants from Nairobi because they do not have drop-off sites in other areas.
4. Starting an errand business
When considering small company ideas, most individuals simply consider selling items. The service industry, on the other hand, has the most untapped business opportunities in Kenya.
One of these enterprises is errand running.Approach three or four persons and explain your services to them. Your clients will keep suggesting you to others as long as you are trustworthy.
When it comes to launching a delivery business, the only things you'll need are business cards and probably some comfy shoes and clothing. This work requires a lot of walking, but if you stick with it, you will be rewarded for your efforts.
5. Event organization business
Without include event planning, this list of small-scale company ideas in Kenya would be incomplete. Many people believe you need hundreds of thousands of dollars to start this business. Nothing could be further from the truth.
Begin by providing seats for your village's little gatherings. A single plastic chair costs around 600 shillings, therefore 20,000 bob will get you almost 30 chairs.
Tents can also be rented and provided along with your chairs. As your business grows, you can add more seats and tents.
6. Opening a movie shop
You can start a business with simply a computer, internet, and a modest space. Choose EX-UK desktops, which range in price from 10,000 to 15,000 shillings. The remaining funds can be used to cover rent and minor adjustments.
If you market your movie store successfully and give the entertainment that people want, you may expect to make anywhere from 2,000 to 3000 bob in a short period of time.
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