Get premium membership and access questions with answers, video lessons as well as revision papers.
Got a question or eager to learn? Discover limitless learning on WhatsApp now - Start Now!

Small Businesses to start with KES 50,000 to KES 100,000 in Kenya

  

Date Posted: 4/20/2017 8:43:13 AM

Posted By: honey  Membership Level: Bronze  Total Points: 87


1.Movie Shop Business

Watching movies or series is a normal past time activity especially for students and young adults. Since there are no latest movies or series broadcasted by the TV stations, many Kenyans are willing to pay for movies and series. And that’s why the movie shop business is quite a lucrative business to start in Kenya.

Capital: KES 70,000 – 100,000

The capital may vary depending on the location. Location is very key in this business. Pick out a highly populated area with lots of youngsters. Make sure you identify a highly populated area to get many customers.
Once you are done with the location you’ll need the tools of trade and they include:
• Computer or laptop: KES 20,000 - 50,000.
• Small printer: KES 8,000 (It will be used to print out images of movie/ series covers).
• Fast and reliable internet connection: KES 3,000 per month.
• Duplicator: KES 30,000-50,000 (It will be used to copy or burn different DVDs at once).
• TV Screen: KES 20,000 (for displaying and previewing movies for customers).
• Quality blank DVDs: KES 500.
• Sleeves for putting burn DVDs for clients: KES 200.
• MCSK license: KES 4,000.

In this business you can make as much as KES 3,000 – 6,000 on a good day and about KES 500 - 1,000 on a bad day.

2.Salon Business

Starting and running a hair salon in Kenya could be a profitable business move. The first thing on opening a hair salon is your experience in the field. If you are someone who has simply done a course in hair styling but has no experience whatsoever

of actually working in a salon, it is suggested that you gain some hands-on experience first, before contemplating opening a salon business. Alternatively, you can hire a trusted salonist and take up the managerial role.

Capital: KES 50,000 – 100,000

It is best to locate your business premises in an area with high foot traffic for maximum visibility. This however means you have to contend with high rent prices and probably goodwill requirements.
Your equipment list will look something like this:
• Hair styling chairs/Barber chairs – KES 20,000.
• Hair styling tools – KES 30,000.
• Shampoo bowls: KES 10,000.
• Water heater: KES 3,000.
• Towels and aprons – KES 3,000.
• Transport and miscellaneous – KES 5,000.

In a month, hairdressers do not get less than KES 50,000. A salon business, especially in today’s day and age, is one of the most profitable businesses in Kenya.
For a startup hair salon to make profits, it should be well advertised so that the target customers know about it. For such a business, the best advertisement is the salon's goodwill amongst the customers. "Word of mouth" is the best form of advertisement for any salon.

3.Car Wash Business
Thousands of cars are on the road daily, and people are still buying more cars daily. As most of these roads are unmarred, cars get dirty quite frequently. Thus there is need for car washing services. Not only to keep the vehicles clean, but for the cars to last longer.
This business is open to everybody; the secondary school leaver to the university graduate, employed, unemployed, literate and uneducated.

Capital: KES 50,000 – 100,000

With a well-detailed business plan, you could acquire capital from a bank, savings and loans, or any other financial institution. You can also borrow from family, friends and relatives.
A successful location should be near a shopping center, in a high traffic, residential area, be easily and visible accessible from the road, allow for expansions and business growth, and have enough space for cars to line up.
The requirements for a car wash venture include:
• Employees: Paid 35-40% commission per car washed.
• Municipal licenses: KES 20,000.
• Water: KES 10,000.
• Electricity: KES 20,000 – 30,000.
• Detergents: KES 10,000.
• Water tank: KES 15,000.
• Equipment: KES 50,000.

On average a small car wash business that has just started can handle 10 - 15 cars per day (weekends are peak days). The average price of cleaning a car is KES200. In addition you can offer services like carpet cleaning, night parking and restaurant to bolster your margins. A well-run car wash business in Kenya can bring in about KES 70.000- 200,000 per month.

4.Butchery Business

This is actually the simplest business venture that you can start. It doesn’t demand a lot of capital and yet the rewards are quite huge.
For starters, you’ll need to find a room that is strategically located in a busy street or bus terminus. Of course, you’ll need to apply for all the necessary permits and paint up the shop.

You’ll also need to employ an assistant. Your monthly expenses will be something like this:
• Rent: KES 5,000 – 10,000.
• Assistant: KES 15, 000 – 30,000.
• Cleaner: KES 10,000.
• Bad stock and shortages: KES 20,000
• Miscellaneous (water, electricity): KES 10,000.

On a good month the business can bring in KES 70,000 to 100,000. On a bad month it can bring in KES 50,000 – 60,000.

You can add your business to the leading business list in Kenya and expand your reach to potential clients.



Next: Kenya Should Adopt Use Of Renewable Sources Of Energy
Previous: Ozone layer depletion, its causes, effects and control measures

More Resources
Quick Links
Kenyaplex On Facebook


Kenyaplex Learning