Small Business Ideas Kenya – The conference is organized by the Small and Medium Enterprises Association (ICSA) in collaboration with the Secretariat and the Department of Trade and Cooperatives in Kenya.
The Secretary-General of the United Nations will make a special speech on the morning of the first day. He said: “Trade between Commonwealth countries continues to grow despite the slowdown in world trade growth and now accounts for more than 20 per cent of total Commonwealth and world trade. Strengthening trade and investment cooperation, with key SMEs, can increase global trade. and economic growth and contribute to sustainable promotion of trade-related issues for development goals.
Small Business Ideas Kenya
ICSA was established to provide a regular meeting platform for exporters and exporters of Small, Small and Medium Enterprises (MSMEs), to promote existing global standards and to promote regional and international investment in member countries. The inaugural conference was held two years ago in India.
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The second Intra-Commonwealth SME Trade Summit will focus on two key themes: SME access to finance and digital inclusion. The conference allows companies to present their products and services and network with leaders of the private and public sectors and the media to build new business relationships and position their companies as reliable partners in the Commonwealth.
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08 March 2023 CSW Side Event: Bridging the Digital Divide in Women-Led Business Development Economic Outlook The city of Nairobi has long been a business hub in East Africa. Nairobi’s business activities include the trading of agricultural products, the real estate industry, the tourism sector and the export and import of economic goods. As the capital of Kenya, Nairobi is the commercial center of the country, offering various business opportunities to its citizens.
Many young people resort to selling used clothes. Commercial centers in urban or residential areas have stores or shops that sell these goods. This is a popular business idea because it makes a profit quickly.
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For example, many women in Nairobi offices are afraid to go to Eastleigh to buy cheap bags and clothes; those ladies who know will benefit from it.
The good thing about this business is that you don’t need a physical location, just have a Facebook page and get as many friends as possible to introduce you to the office.
Instead of working and earning a taxable monthly income of Ksh 15,000, why not try raising chickens. It is not difficult to start this business, especially if you have a small land, less than a quarter of a hectare.
There are millions of cars on Nairobi’s roads. Since many people live in rented apartments, they prefer to take their vehicles to a car wash for cleaning.
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I can confirm that no one involved in car washing in Nairobi will make a loss.
It is easy to start a shoe shine business if you have Ksh 15,000 in your pocket for a license and equipment. Sometimes finding a shoeshine room in the Nairobi CBD can be difficult, but you should contact one of the City Council staff and have a nice chat with them.
To start a barber shop, you need a chair, a machine that costs less than Ksh 5,000, methylated spirits, a mirror, a towel and of course, skills. All these things cost less than 20,000 kroner. A good amount requires a place where your business will operate. If you are educated, unemployed and living in Nairobi, try opening a Berber shop instead of being idle at home; this may be a change for you.
Helps you save time and live better with current listings, guides, reviews and tips. A grocery store business is a business that you can start more easily in urban cities if you have a capital city. Unlike rural areas, urban dwellers are not involved in agriculture and few have a small kitchen garden. For this and many other reasons food is a basic necessity and will always be needed.
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But you can always choose an alternative, do your grocery shopping in a clean and spacious room instead of outside.
Open stores where most customers shop for groceries. However, there are some closed stalls that contain a “regular” group of vendors.
There are more entrepreneurs in grocery stores or shops in Kenya than ever before. Some, like zucchini, start big, while others start small.
“My cousin and I started this food shop in January 2017. But before that we had a small child
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Business in this store. When these stores were built, we decided to move our business to them. There are many grocery stores in the area, but ours is now the largest. Joyce Nyambura.
It was difficult, especially when the weather was not good, for example on rainy days. So running a restaurant business is worth the investment. “
Does not require a license or approval from the county government for its business activities. However, if you want to run a grocery store, you must meet Kenya’s legal requirements.
As a small business owner, you must register your business and obtain a business permit and other licenses. You can do this at your local councils or through the eCitizen portal.
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“We pay Kiambu County 3,300 kroons a year. This is because our store is not very big and we are only in the store. We need to have a health permit as we handle food, but we haven’t got it yet.
County Council officials have dealt with our case several times but we are in the process of getting a health permit. Joyce.
A health license costs an average of Ksh 1,000. You need one grocery store clerk license and one food store license which costs Ksh 500 each.
“If you are interested in this job, you can start with Ksh.300 and in time you will see yourself growing and in a big grocery store.
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Money and our shop. Then we applied for a small business loan from the bank and added to that amount.
Besides the business license and equipping our store, other things have increased our capital. For example, putting up these shelves cost us about 30,000 kroner. In addition, the landlord requires a 6-month rent deposit. Things like this make startups different.
For a small grocery business in Kenya, there are many factors that determine the capital you will need. This largely depends on your location, the size of your store, and the products you sell. On average, you can spend about 50,000 kroons in a small grocery store.
Rent, security deposit, utilities and utilities must be paid separately for properties in different locations.
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But when looking for a place to set up your grocery store, you need to remember that your products are perishable. This means that you need a room with a temperature that is not too high. You need to find a cool and dry place.
“Our shop costs 8,000 kroner a month, the rent alone is paid separately for water and electricity bills, when we started we had to pay a deposit of 6 months, after the first six months we pay the normal rent.
Commercial shops are in high demand in this area. Because it is close to the road and we have many schools and businesses nearby.
“We get our product range from Ruiru market. The suppliers in the market know us because we have been in the business for many years and have established business relationships with them.
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, our store is big and we now buy our products in boxes. We have different suppliers who provide us with different products. There is a cabbage seller, a tomato seller, etc.
So we call our various suppliers and place orders ahead of time and they keep stock for us to pick up later. We take our products by transport and we are charged 400 kroons, as the distance is short. If we can get our stock in, say, Githurai market, we will pay double or almost triple that amount.
Business is a little slow right now due to COVID and this has affected our restocking and planning. Now we restock twice a week, but before COVID we were restocking every day.
Some customers are very stubborn. You choose products for them and they don’t like the products you choose. Others interfere with the quality of the product, such as avocados, in the selection process.
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The biggest challenge right now and in the last few months has been the COVID. Our company is close to three universities, K.U, N.I.B.S and Zetech, and this means that a large proportion of our customers are students.
Since the schools are closed most of the students are not there and this has greatly affected the way we sell. Apart from students, we also have residents as customers. With the loss of many jobs and again