Small Business Ideas In Kenya – “Hi Kuzha Biashara, I saved Ksh 20,000 ($250). What kind of business idea would you recommend?”
“Good morning janitor, can you suggest some good businesses I can invest in while in the provinces for Ksh 5,000 ($60)?
Small Business Ideas In Kenya
These are just some of the questions that some of our loyal followers often ask. In fact, we appreciate your eagerness to learn and decided it was wise to start a special series of articles that touch on some of the best business ideas in Kenya and Africa.
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First, here are 13 ideas to ponder. Note $1 = Ksh86.
The housing market is booming and people are looking for cheaper ways to build their homes. Brick is relatively cheap to manufacture and offers a cheaper construction option compared to stone.
Challenge: A site assessment is required to ensure that there is suitable soil for brick making.
Tip: Take a simple brick-making course before investing your hard-earned cash. Try to set up your business in developing real estate and market it aggressively.
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Fruits are a healthy food choice around the world. With people gradually realizing the importance of healthy living, you can’t go wrong when you invest in a small fruit shop.
Challenge: You may struggle to find a market in the first 90 days. But you can do it if you persevere.
) in your area. Those in Nairobi can shop at Giturai 45 and Wakulima markets. Find a suitable location for your business (preferably on the side of the road).
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This is another small business idea that you can start with a limited budget and generate excellent profits. However, you should be very diligent in choosing the right location for your business.
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Tip: To be profitable, customers need to be able to come in and make a purchase easily. Look for malls, busy commercial establishments and busy streets.
According to research and training facilitated by the Jomo Kenyatta University of Agriculture and Technology, earthworms can be used in a process called vermicomposting. Vermicompost is used to convert organic waste into useful compost. Organic waste helps produce organic food which is in high demand in most residential areas of the city.
Challenge: The worm market has yet to peak. Especially in Kenya, you may need to do some marketing and research before investing in this business.
Tip: Find a supplier of red worm hybrids. Be prepared to start small (preferably part-time). Before you start keeping these worms, search the market first. Check out this article to learn more about this business.
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Raising rabbits is another profitable business idea that can be taken advantage of with a little savings. On the downside, though, the market hasn’t peaked yet and you may need to be a good trader to get decent returns.
Challenge: Most buyers want a steady supply of rabbits, but most farmers have very few rabbits. Farmers are encouraged to work in groups when searching for markets.
Tip: Work with an experienced farmer to learn more about this business. Check out this previous blog post for more tips on raising rabbits.
Millions of transactions are done online. Unfortunately, there is no easy way to withdraw or transfer money across the board. You can start a service that allows people to send and receive payments nationally and internationally. Note: Starting this business may require more capital, but starting small can be successful.
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Tip: For those who want to withdraw money quickly, make sure you have enough money for mobile transfers right away.
If you are looking for a viable business idea that you can comfortably start with as little as 5,000 shillings, consider selling diapers. You can find local suppliers that offer significant discounts on wholesale purchases.
The Challenge: During the first three months, you have to work hard to establish a market for your product. Clearly, this is not a business for the lazy.
Tip: Make sure you have a reliable supplier. Make sure you are competitively priced and offer good value to your customers.
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Mushroom farming is another highly profitable agricultural business in Kenya. And it’s probably the cheapest and easiest to start. The market is readily available to anyone who knows how to market their products.
Challenge: Various cultural prejudices about mushrooms have reduced the demand for mushrooms in local markets. However, this can be addressed through education and public awareness.
Mushroom varieties are often recommended for beginners. They have a wider market and can be grown on a small scale with moderate investment. Currently, there is not much competition in this business area.
This is one of the ideal small business ideas that our young people can take advantage of. start small You don’t need much experience or qualifications to start this business.
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Challenges: Finding a high-traffic location and (if operating in a major city) meeting local government regulations are the two biggest challenges here.
A bakery is a great business idea to start, but it takes more than baking skills to succeed. If you are a young person, you can start a small outlet with little savings and continue to generate income until you accumulate a large investment.
Requirements: Baking equipment (pans, ovens, mixing equipment, cake decorating equipment, measuring equipment), raw materials (flour, eggs, sugar), consistent recipes, trade licenses and licenses, and marketing skills.
Challenge: Getting the right licenses and permissions can be a bit tricky. It is always best to consult a lawyer for business registration and licensing issues.
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Tip: If you want to get the most out of this small business idea, you must be passionate about baking. Also, you need to be a shrewd marketer to stand out from the crowd. Advice on this business idea can be found on this website.
This is one of the great ideas that you can comfortably start for less than Ksh 30,000. On alibaba.com (the Chinese equivalent of eBay), a nice watch costs about $2.1. You can start your small watch import business with a minimum order of 100 watches.
Requirements: Internet, contact person in China, good understanding of taxes, good social media marketing skills (you can read a detailed article about the requirements for starting a watch import business in this article).
Challenge: You need someone in China (or any other country) you can trust to help you with the import process.
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Tip: You can start with this business and move on to import other products like phones, computers, clothes, etc. You can learn more about the different taxes that apply to your business in this article.
Today people are busy and stuck in office most of the time. They don’t have time to queue at banks, search for government offices or find space to pack on the busy streets of Nairobi. So why not start a good errand business?
Challenge: This business requires a lot of trust, which can be hard to come by during the first few months of operation.
Tip: With reliable transportation (public/private), a cell phone, a computer for email, and a few coins to advertise your business, it costs next to nothing to start an errand in Kenya.
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The number of working mothers has increased exponentially in recent years, increasing the need for quality childcare services. From this small business idea, you can create a job for yourself that has the potential to bring in a huge amount of money.
Requirements: good location for business (home can be used to start), some ECD training, license may not be required for informal arrangements
Challenge: Gaining the trust of your target market requires hard work and can take time.
Tip: Of course, childcare work comes with a lot of responsibility and involves serious effort. You must be ready to play a key role in the overall development of young people.
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This is the first part of an article exploring different business ideas in Kenya and Africa. Feel free to add your ideas and comments in the comment box below. Don’t forget to like us on Facebook and follow us on Pinterest, Twitter and Google+. It is true that Kenyan small business ideas are often overlooked. Everyone wants to start with an idea that requires an investment of millions of shillings, but unfortunately not all of us have that kind of money.
But what if we start small with what we have and build a business worth millions from scratch?
We conducted intensive research and consulted with Kenyan business experts on the most viable and promising small business ideas in Kenya.
From all the ideas we got, we narrowed it down to these small business ideas in Kenya
