Quick Answer: What Is The Most Profitable Business In Kenya?

Where can I invest 100k in Kenya?

How to Invest 100K in KenyaInvest in Money transfer business.

Money transfers hit the country with a bang with almost every Kenyan using MPesa virtually daily.

start a Daycare centre.

Invest in a Sacco.

Invest the 100K in Farming.

Invest in commercial cleaning services.

Selling mitumba or second-hand clothes.

E-Commerce stores..

How much do I need to start a shop in Kenya?

The cost of starting a shop in Kenya is between Ksh 50,000 and Ksh 100,000. You can grow your business and stock it as your business grows. The most expensive part of a retail shop is to pay rent. If you can find a cheaper place to rent, it can significantly reduce your startup capital.

What type of shop is most profitable?

Plus, the profit margin on gift cards can be quite high, making this a potentially very lucrative business….So read on below and thank us later.Coffee Shop and Bar. … Pet Grooming and Boarding. … Clothing Boutique. … Vape Shop. … Bakery. … Grocery Store/Specialty Food Shop. … Lawn and Gardening Service.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…•

What business can I start with 200k in Kenya?

Capital You Will Need To Start Any Business In KenyaSelling second hand clothes. This is one of the easiest businesses to start in Kenya. … Butchery. … Gym and fitness center. … Grocery shop. … Mobile money transfer business. … Wines and spirits. … Cleaning Business. … Car wash business.More items…•

What is 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…

What is the best business for beginners?

5 Small-Business Ideas for the Beginner Entrepreneur. Being your own boss is very possible, even if you don’t have the experience to make it work well just yet. … Franchise. Think of a franchise as a “plug and play” small business. … Subscription. … Drop ship. … Mobile businesses. … Online course instructor/developer.

How much are Youtubers paid in Kenya?

Otile Brown and Sauti Sol earn KShs. 4 million and KShs. 6 million respectively from their music videos.

What business can I start with 50k 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…•

What business can I start with 100k in Kenya?

Top 5 businesses to start with 100kStart a car wash. Source: Pexels.com. … Start a money transfer business. Today, it is nearly impossible to walk for a few meters without bumping into an M-Pesa shop. … Invest in a SACCO. Source: unsplash.com. … Start a boda boda business. Source: Unsplash.com. … Start a small butchery business.

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.

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.

How can I make money fast in Kenya?

Let’s dive in and explore the ten modern ways to make money online in Kenya. eCommerce/Dropshipping. … Blogging. … Freelance Web Development, Design, and Maintenance. … Offer Digital Marketing Services. … Launch an informative and entertaining YouTube channel. … Record a Podcast. … Write and Sell eBooks.More items…

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 should I start in 2020?

20+ Best Business Ideas of 2020Dropshipping. Are you looking to sell products online but don’t have the money to buy and store inventory? … Translation. … Home-based Catering. … Virtual Assistant. … Website Flipping. … Personal Shopper. … Online Tutoring. … Greeting Cards.More items…•

What business can I start with 200k?

Listed below are profitable small businesses you can start with 200k that are thriving in Nigeria today.Open a Restaurant.Start a Fumigation Business.Laundry and dry cleaning services.Starting your own home services.Importation of wears.Livestock farming.Car wash center.Corporate cleaning services.More items…

What can I start with 50k?

20 Businesses You Can Start With 50,000 Naira in NigeriaBaking Business. Baking is a thriving business in Nigeria. … Fast food Business. The importance of food can never be overemphasized. … Plantain Chips Business. This is also a very lucrative business. … Selling Drinks and Water. … Small Scale Farming. … Smoked Fish Business. … Soap Production. … Home and Beauty Products.More items…•

Where can I make money fast in Kenya?

28 Genius Ways To Make Money Online in KenyaBitcoin trading. … Paxful’s Affiliate Program & Peer Program. … Create a virtual store. … Sell your products on online marketplaces. … Create a blog and run ads on it. … Run niche websites. … Academic writing. … Transcribe audio and video clips.More items…•