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Top business ideas in Kenya that can make you a millionaire with a small investment

Business is all about managerial skills and and customer service. It does’t matter whether you have a business proposal or not, it doesn’t matter whether you obtain your capital through bank loan or saving, it doesn’t matter whether you started with Sh 1,000 or Ksh 1 million, what matters is your vision, determination and customer service, also important is the business location.

Here are top businesses ideas that you can start in Kenya whether you are employed or simply trying to make ends meet:

1. M-pesa business

M-Pesa has grown tremendously and it is one of the lucrative business ideas in Kenya today.

Even though this business seems crowded, no matter where you are operating from, you can be called names but at the end of the day you will still make a profit.

With at least 100,000 you can start an Mpesa shop but if you someone gives you their line to operate with you only require about 50,000.

2. Operating a Boda Boda

If you are still looking for a job and have some money saved up, this is a good business start.

A single motorcycle costs between Ksh 40,000-Ksh 120,000.This is what you need, primarily, to start this type of venture. And since the business is booming, regardless of the county you operate from, not a single day will pass without realizing a net profit of at least Ksh 1,000 per day.

3.  Boiled eggs and smokies

To start this business, sausage, samosa and egg business you need a capital of about 1,000 to start.

An egg goes for around 10 bob and then sell it at 20 bob. That’s 10 bob in profit. On a good day, you can make a profit of about Ksh.500. In a month you are assured of an income of over Ksh. 15,000.

All you need is to find a good location and you are on your to set pace for your first most successful business

4.  Barber shop and salon

As much as most people underate this job that its for uneducated, it is one of the most lucrative business that is potential of making you good money.

You can start by visiting clients in their home; make enough money to finally rent out a place.

A standard salon or barber stall goes for Ksh.6000 to 15,000 depending on location. From there you can work on getting cash to buy more equipment that you need.

5. Printing and photocopy business

If you are in college or university, this is one of the most profitable businesses you can start. This business is also appropriate for those people who reside near a college or university.

Starting such business will require a starting capital of less than Ksh. 7,000.

6. Selling mitumba or second hand clothes

This is also one of the most lucrative business idea. The good news is that you don’t require much capital to set up the business. With as little as 1000, you are good to go and make a living.

All you need to do is find a good location and know where you will be buying the clothes from. With this business, on an average day you can be assured of not less than 500 each day.

7. Movie shop

It is one of the top business in Kenya that you can easily venture into. With as little as 20k you can start a movie shop in Kenya.

If you have a computer or a laptop already, you can just rent out a room and start selling your movies

8. Car Wash Business

This is one of the businesses that has caught the attention of young people.

Statistics from the  Kenya Institute for Public Policy Research and Analysis, show that there are at least 2.5 million vehicles on the Kenyan roads.

This is 21 and 15 times more cars as compared to the cars found in Tanzania and Uganda respectively.

A good location is one of the key determinants of whether your car wash business will succeed or not.

Historically, a car wash business has thrived when located near a Nyama Choma grill and bar, a Mechanic’s workshop or even near bus stops.

 

 

 

 

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