Top 10 Small Business In Kenya – Stuck on profitable business ideas in Kenya? If you have a burning entrepreneurial desire to start a business to call your own, knowing where to start can be a little overwhelming. The good news is that Kenya is full of opportunities for entrepreneurs. So what are the best businesses to start with 200,000 in Kenya in 2022?
There is more to starting your business than just registration. Starting a new business involves budget allocation, location scouting, structural development, research and more research. To be successful in any business, you need to know how it works and what marketing strategies you can use to differentiate yourself from your competitors.
Top 10 Small Business In Kenya
What is the most profitable business to start with 200,000? There are so many businesses you can start in Kenya with a budget of 200,000, but here are the most lucrative:
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An internet cafe is the best business to start in Kenya with 200,000. With a budget of 200,000 you can get yourself a copier, a printer and two computers for browsing. You will also need a good internet connection and a secure storage space to lock up your machines.
For this type of business, you need to have a basic knowledge of operating these machines. An additional advantage is opening an Internet cafe in a strategic location, for example at a tertiary educational institution. On a good day you can go home with more than Ksh. 4000 profit.
Over time, you will save and expand the number of services you offer. You can buy more machines, like Like a laminate machine, a color copier and many others to provide more services.
With today’s busy schedules, providing customers with excellent cleaning services can save a lot of time and energy. This business requires a few supplies. You will first need a quality washing machine, hangers, plastic bags and detergent. This business requires your customers to bring their dirty laundry to your store.
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Setting up a dry cleaning center is a great business idea as it generates a lot of profit. You can choose to provide unique services, e.g. B. by offering a subscription service to your customers. Get signage that lists all the services your store offers and place it at the top of your store so you can attract a large number of people.
Choosing the location of your business is very important because this business will do best in a high traffic area. Don’t forget to get a cash register for your business.
The sale of clothes is also one of the low-risk, profitable business ideas. To successfully start a clothing business, you need to develop your clothing brand. The best location for a boutique is preferably in a high traffic area with fewer boutiques.
When choosing clothes for your boutique, choose unique designs over the usual pieces that most people wear. You should always have enough clothes of all sizes in your store, especially for children and ladies, because these are usually in demand, especially during the holidays.
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Farming is another excellent business idea. You can choose to keep animals or start farming. Most agricultural businesses can be started without formal training. You can plant fruit trees, and when they are mature, you will benefit for countless years.
Fish farming is also another branch of agriculture that you should venture into. Due to the decline of fish in the large water bodies, the demand for pond fish has increased significantly. So if you find yourself in an ideal place to place fish, why not give it a try!
You can also get a greenhouse where you can grow food that is used in almost every household. The demand for food is always high. Over time you will be able to grow your business.
Opening a cake baking business is an excellent idea because most Kenyans love food. Cakes are also used in almost every occasion these days. Learning how to decorate your cakes in the best way is an added benefit because people want their cakes decorated in a way that is pleasing to the eye.
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To start this business, all you need is an oven, baking pans, a scale and a few kitchen utensils for cleaning and mixing the batter. On a good day you can make a profit of up to Ksh. 6000. Over time you will progress and get other labor saving gadgets and hire more employees to help you in business.
A grocery store is a low risk, high profit business idea because food and grains are consumed in most households in Kenya. You can open a huge grocery store in a clean and spacious space with clearly marked and aligned shelves. This will give your business a more sophisticated flavor and you can attract a lot of people.
You just need to find the areas where you can buy fresh vegetables and groceries at a cheaper price. Always plan ahead and make sure you don’t run out of supplies. You can also run small promotions to attract more people to your store. On a good day, a supermarket can bring you Ksh in profit. 6000 per day.
The money transfer business is one of the most profitable business ideas in Kenya. The more transactions you make per day, the higher your profits. Identify the location with high traffic. Areas most suitable for this business are near colleges, bus stations, residential areas and other densely populated places.
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M-Pesa is the most widespread money transfer company. If you open an M-Pesa agent shop together with other local banking agencies, you will make high profits. What is even more convenient about this business is that it does not take up a lot of space because you can work in a closet, making it one of the most profitable businesses to start with 200,000.
It is often said that Kenya is a drinking nation, so why not visit a wine and liquor store? The wine and spirits business is one of the most profitable businesses of all time because of consistent demand. You just have to keep your supply balanced so you don’t run out of supplies.
Keeping abreast of market trends in your industry can help you better understand your company’s marketing strategy. The most difficult part of this business is the licensing and regulatory requirements. Sometimes the authorities dictate that you open at a certain time. Failure to comply with such regulations can get you into trouble.
You can take your beauty talent to another level by opening a cosmetics store. Cosmetics is the most profitable business in Kenya. You should get plenty of tips on how to differentiate your business from your competitors. The location of your business also determines the success of your business.
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Research what your competitors typically don’t offer and take advantage of it at a reasonable price. Stocking up on fast-moving products like makeup, perfumes, skin care products, women’s hair brands, and men’s beard and mustache care products will help you capture the attention of most people. Finding cheap suppliers will help you minimize operating costs.
With 200,000 you can open a professional hair salon. This is another excellent business opportunity as the store can also double as a dreadlocks care center. With the increasing number of people wearing dreadlocks and styling their hair however they want, you can milk enough money from the business.
A senior barber shop owner makes between Ksh. 300 to Ksh.1000 per cut depending on location. Dreadlocks, on the other hand, cost between Ksh. 500 to Ksh. 3000 depending on the location as well.
The combination of both services is an additional advantage, because dreadlocks do not take much time, depending on the speed. You can also get other services like head massage and facial which will further boost the business.
Profitable Small Business Ideas For 2023
There you have it. A comprehensive list of the best companies to start with 200k in Kenya. If you are looking to invest 200,000 in Kenya, the above companies should be at the top of your list. All you have to do is collect capital and look for a good location for your business and you are good to go.
Gave a list of 15 profitable businesses to start with 50,000 in Kenya. Like all other developing countries, Kenya faces a number of challenges, the foremost being unemployment. Complaints about the lack of jobs, especially among young people, are getting louder. But what if you could start your own business and earn from it instead of relying on office jobs?
One thing that Kenya does not lack is opportunities for business ventures. There is an endless list of companies to invest in and with the right management and dedication you will find a comfortable income. Some of the best businesses to start in Kenya with 50,000 include a butcher, movie theater, salon/barber shop and hardware store, among others. Depending on a source of income, especially income from work is becoming a growing challenge for most people in Kenya today. It goes without saying
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