This is the complete guide on How to start a small business in Kenya 5k 10k business ideas This guide is intended to help you uncover how to start your journey to financial freedom or tap into lucrative side hustle from small business venture with stable and decent returns. So many people always have many excuses when they want to start a business the most common excuse being lack of sufficient capital, this guide should help you uncover how to start small business in Kenya beginning from as little as 5,000 Kenyan shillings. Starting a business in Kenya is simple and if you want to learn in detail the process of starting a business in Kenya from researching to writing a business plan just click here
How to start a small business in Kenya with 5,000 Kenyan shillings
There are several small profitable business ideas you can start in Kenya with as low as 5,000 Kenyan shillings we have sampled you the ideas as follows;
Hawking business in Kenya is personal selling on the streets. This includes selling insurance, newspapers, drinking water, charcoal, fast foods like chapatis and ”mutura”. All one needs to do to reap the full benefits of hawking is to identify a spot with huge traffic of people a commodity to hawk like mutura or charcoal and on a good day with hard work one can earn up to 1500kenyan shillings in profits.
Mitumba business (second hand clothes)
Mitumba bale prices in Kenya ranges from KSh5,000 to KSh50,000 this is according to the country of origin, the grade, the wholesaler’s profit margin, and the clothing items packaged in it. For instance, a Grade 1 bale of t-shirts cost between KSh3,000 and KSh5,000, and it has about 40 to 50 pieces inside the mitumba bale. Selling mitumba second hand clothes in Kenya and other large open-air markets is profitable because of the millions who tickle in for supplies or to buy mitumba for personal use. starting cost of mitumba business is low because you can begin with only 5,000 Kenyan shillings and directly start selling in open air market, you can yield so much profits and expand your business with this kind of venture.
A grocery business in Kenya is good and profitable in almost all parts of the country regardless of your location. And you don’t need too much capital to start. You can start small with 5k or less and grow as time goes by. Remember to prioritize your customer and give them the best customer service and fresh products for example if you sell vegetables ensure its fresh and quality and you will definitely make profits.
Maize roasting is a profitable and lucrative low-cost venture. And any individual can start this business on a full-time or part-time basis so long as you enjoy roasting maize and find a spot with high traffic of people. There was a story run by a local television about a university student minting as high as 2000kenyan shillings daily on this kind of business. ‘Still, maize roasting is what generates the more consistent income for me, and in a good day, I’ll make up to Sh2,000” read more on this here
Service based business
A service based business is an individual that provides certain professional support to its clients. In these businesses the product is not a tangible one, instead it is an activity that helps a third party at different areas. there are a variety of service based business you can start in Kenya with as low as 5,000 Kenyan shillings and they include; affiliate marketing, freelancing, consultation, tutoring, personal training among others
How to start a small business in Kenya with 10,000 Kenyan shillings
There are several small profitable business ideas you can start in Kenya with as low as 10,000 Kenyan shillings we have sampled you the ideas as follows;
Printing and photocopy business
If you have a nice laptop and printer, you can venture into this business in Kenya The price of photocopying a single page in black and white usually costs within 1 shilling to 5 shillings. When it comes to printing, the cost ranges from 3 shillings to 5 shillings. If the page is colored, it goes up to 20 shillings per page. For glossy pages, the prices vary from 5 shillings to 50 shillings per page be sure to start this kind of business alongside institutions like schools or banks
Beauty/ barber shop business
Starting your own barber shop or beauty business in Kenya is definitely a potentially lucrative business opportunity but it’s not a venture for the faint-hearted, it requires some pretty significant initial investment and specialized skills, whether you are a lady or a man skills are required. Get it right though and you could be making huge profits and eventually expand your business to be worth much more. some services you can offer in this business can be hair shaving, blow dry, manicure/pedicure, facial massage among others.
With 10,000 Kenyan shillings and free knowledge on platforms like you tube you can be able to purchase ingredients and make perfect detergents as you sell them to your customers. Making detergents is easy for example, In your container with a tightly fitting lid, mix together 2 parts borax, 2 parts washing soda, and 1 part soap flakes to create the laundry detergent. You can make as much as you’d like at once by just learning more on these and actually doing it.
Blogging business in Kenya what actually is blogging? Blogging refers to writing content that’s self-published online. Blogging started as an opportunity for individuals to write diary-style entries, but it has since been incorporated into websites for many businesses. as an individual in Kenya you can start this business in Kenya with as low as 10,000 shillings. The purpose of a blog is to provide content on your blog that answers prospective readers’ questions and helps them learn about a product or service.
Service based business
A service based business is an individual that provides certain professional support to its clients. In these businesses the product is not a tangible one, instead it is an activity that helps a third party at different areas. there are a variety of service based business you can start in Kenya with as low as 10,000 Kenyan shillings and they include; Delivery business, car wash, affiliate marketing, freelancing, consultation, tutoring, personal training among others