Question: How Much Do I Need To Start A Shop In Kenya?

What business can you start with 20k?

7 Profitable Businesses You Can Start With 20K Or LessSelling Second Hand Clothes.

This has become a very lucrative business option for many young people.

Printing/Photocopying.

Operating a Salon/Barber Shop.

Selling Boiled Eggs, Smokies Or Sausages.

Movie Shop.

Car Wash.

Selling fruits & vegetables..

How can I make 1000 a day in Kenya?

How to make Ksh 1,000 Daily With your PhoneGo to MPESA.Select Lipa Na MPESA.Select Buy Goods and Services.Enter MPESA till number (705909)Enter amount (Ksh999, Ksh499)Enter MPESA pin and send.

Which is the most profitable business to start in Kenya?

Most Profitable Businesses to Start in Kenya 2019Cyber Cafe.Selling Snacks.Travel Agency.Boda Boda ( Motorcycle)Cake Making.Garbage Collection.Mobile Money Transfer.Butchery Business.More items…•

What business can I start with 20k in Kenya?

Here is a list of businesses to start with 20K in Kenya:Pedicure/Manicure business. … Selling Fresh fruits and Juice. … Selling Women Handbags. … Selling Second Hand Clothes/ Mitumba. … Businesses to Start in Kenya – Selling new Shoes. … Car Wash Business. … A ladies Beauty Shop. … Smokies and Boiled eggs business.More items…•

How can I invest a small amount of money in Kenya?

We take a look at some of the popular ways you can invest your money in Kenya;Community/Collective Savings. … Saving and Deposit Options at Your Bank. … Invest Money in Yourself. … Buy Government or Private Sector Bonds. … Invest in Unit Trusts or Mutual Funds. … Invest in Gold and Silver. … Invest in the Capital Markets via NSE.More items…•

What are the most successful small businesses?

Most Profitable Small BusinessesTax Preparation and Bookkeeping. Without needing fancy premises or expensive equipment, tax preparation and bookkeeping services come with low overheads. … Catering Services. … Website Design. … Business Consulting. … Courier Services. … Mobile Hairdresser Services. … Cleaning Services. … Online Tutoring.More items…•

Which is the richest company in Kenya?

This has made Safaricom the most profitable company in Kenya with a net worth of over Sh1. 1 trillion. The company made a cool Sh65 billion in the 2018/19 financial period. East African Breweries Limited (EABL) is an alcoholic brewer formerly known as Kenya Breweries Limited (KBL).

What type of shop is most profitable?

So read on below and thank us later.Coffee Shop and Bar. When you think of your neighborhood coffee shop and bar, you might not think of the same establishment. … Pet Grooming and Boarding. … Clothing Boutique. … Vape Shop. … Bakery. … Grocery Store/Specialty Food Shop. … Lawn and Gardening Service. … Food Truck.More items…•

What is the best business in Kenya?

Simple Business Ideas Anyone Can Try in Kenya To help thousands of Kenyans looking to venture into business, below is a list of 15 simple business ideasSelling second-hand clothes. … Salon or barber shop. … Boda boda business. … M-Pesa business. … Poultry Farming. … Printing and photocopy. … Boiled eggs and smokies. … Manicure/Pedicure.More items…

What is a good business to start in 2020?

Here is a list of the 107 best small business ideas to start in 2020.Best Online Business Idea: Start a Profitable Blog. … Online Courses and Coaching. … Start an Ecommerce Business. … Start a Podcast. … Sell Custom Printed Products. … Graphic Design. … Web Development. … Instagram Influencer.More items…

What business can I start with 300k?

Best Business to Start with 300k#1. Tailoring. Provided you know how to cut and sew clothes well, you should consider tailoring as a viable choice with 300k in your pocket. … #2. Barbershop. … #3. Hair Salon. … #4. Sale of Hair Extension. … #5. Sale of Clothes. … #6. Dry Cleaning Service. … #7. Football Viewing Centre. … #8. Cyber Cafe.

Which business can I start with 50000 in Kenya?

Here are the best businesses to start with 50k in Kenya.Butchery. Kenyans love food, especially various types of meat. … Movie shop. There is a high demand for western films and TV shows provided by streaming services in Kenya. … Salon/barber shop. … Hardware store. … Grocery store. … Mobile money agent. … Farming. … Milk bar.More items…•

Do boutiques make money?

Boutiques often serve high-end or niche customers, so the amount of money you can make as an owner depends in part on the prevailing economic climate and consumer confidence. Your earnings also are impacted by competition with big clothing retailers and e-commerce outlets.

How can I make money fast in Kenya?

More videos on YouTube1 Make YouTube videos.2 Try affiliate marketing and earn a commission.3 Let your photography skills make money for you.4 Write an e-book.5 Sell your own products online.6 Register and sell domain names.7 Create an online course.8 Rent out a spare room in your house.More items…

What are the cheapest businesses to start?

20 Cheap Businesses You Can Start in Your Spare TimeSales Consultant. Avon, Mary Kay, Pampered Chef, and Tupperware all enlist the help of local sales representatives to get the word out to shoppers about their products. … Lawn care. … Homemade gourmet foods. … Babysitting. … Cleaning services. … Catering. … Errands. … Handyman.More items…•

What can I sell from home to make money?

25 Things to Sell to Make Extra Money EasilyOld stuff. If you don’t use it, why shouldn’t you make a little money on it? … Handmade goods. If you are handy with arts and crafts, you can sell these through sites like Etsy, Artfire, Handmade at Amazon and Cargoh. … Opinions. … Car advertising space. … Spare room in your house. … “Flipping” items. … Old books. … Gold jewelry.More items…•

How much does it cost to start a shop?

So, how much does it cost to start a retail store? The average costs for starting a store – around $100,000 – may or may not apply to you, but the more time and effort you spend planning ahead, the better. With these guidelines, you can best estimate the funds you need, helping you hedge your bets for success.

What’s the easiest business to start?

15 Easy Businesses to StartEvent Planning. … Gardening and Landscaping Services. … DJing. … Painting. … Yoga Instruction. Image (c) Hero Images / Getty Images. … Local Tour Guide. Image (c) Zero Creatives / Getty Images. … Tutoring. Tutor helping one of her students. … You Don’t Need Much Money But You Do Need… Couple running small gardening business.More items…