The type of business to start in Kenya depends on your capital, passion and its profitability. There are aspiring entrepreneurs with a capital of Ksh50,000, others Ksh100,000, others Ksh200,000 others Ksh500,000 and a few with Ksh1 million. In each category, there are profitable businesses one can start. We are going to list the best business to launch based on capital and help you to choose the one you believe is ideal for you.
Best business to start with Ksh 50,000 in Kenya
There are a number of profitable businesses to start with Ksh50,000 or less in Kenya, they include:
Blogging requires a capital of Ksh 2,000 to Ksh 30,000 depending on how complex you want your website to look. The most important thing is to identify an ideal and reliable web hosting company to host your website. A number of bloggers in Kenya host their websites at Bluehost.This company registers domains for clients and also offers web hosting services. You will spend Ksh5,000 per year to host your website here.To register a domain name and buy hosting package,click on this link
Bloggers earn money from AdSense which is a free to join platform. If you run a successful blog like Tuko News, you’ll earn more than Ksh2 million per month.
- Run a YouTube channel
YouTube provides a platform where you share your videos to generate income. To start a YouTube channel is absolutely free. The channel alone can yield up to Ksh3 million per month if it’s popular enough—people like Jalango make over Ksh400,000 every month. YouTubers make money from AdSense. They are only allowed to monetize when their channel clocks 12 months, when they have gained over 1,000 followers and over 4,000 hours of watch time. There are no costs of running a YouTube channel.
- Start a Kinyozi
To start a Kinyozi, you require a capital of around Ksh50,000. Rent will take a huge percentage of the capital, like Ksh 25,000. A Kinyozi located in any Kenyan town will generate more than Ksh700 per day.
- Brick making business
The capital for starting brick making may be as little as Ksh1,000. In remote areas people prefer bricks to blocks because they are cheaply available. You will spend Ksh2 to make one brick and sell the same for Ksh 12. In a month, you will generate more than Ksh100,000 by selling your bricks.
What you need is land and at least one worker to help make the bricks.
- Mitumba business
The capital for starting mitumba business will be as low as Ksh 3,000. But if you want a reasonable income, start selling mitumba in bulk.If you have Ksh50,000 as capital, buy clothes and shoes and set up a shop for your business. You will be earning Ksh1,000 to Ksh5,000 daily.
Best Business to start with Ksh 100,000 in Kenya
- Butchery business
Butchery business will cost between Ksh60,000 and Ksh100,000 to start. This is a wonderful business for those aiming to earn Ksh2,000 to Ksh5,000 daily. The business is profitable no matter where you set it up. Nowadays people love chicken, goat meat and fish, make sure you stock them in your butchery.
You won’t make a loss especially when you own a fridge in your butchery.
- MPESA shop
An MPESA shop will cost Ksh 90,000 to Ksh200,000 to start, it’s very lucrative in densely populated areas. While owning this type of business, make sure you include agency banking business to boost your revenues. You expect to make a profit of Ksh 1,000 to Ksh10,000 daily.
- Dairy Farming business
Two cows are enough to start dairy farming business. One cow will cost Ksh40,000—you will spend Ksh80,000 to buy two cows and spend the rest to buy food. The demand for milk is insane and having dairy cows will be a gold mine. If one liter of milk will generate Ksh80, then you’ll make at least Ksh1,500 per day. The Ksh 100,000 you spent will return in 4 months.
If you choose zero grazing method, you’ll only need a quarter an acre to keep up to 20 cows.
- Start an online shop like Jumia
An online shop like Jumia(Click here to visit Jumia website) will not cost more than Ksh100,000 to start. Developing a website will cost up to Ksh50,000 but once you have it, you will display products which you don’t even own. Just go to Eastleigh and talk to those business owners, take pictures of the clothes and shows and display on your e-commerce website. When someone makes an order, rush to Eastleigh, pick the product and ship to the buyer. The buyer will always pay shipping fee.If you want to register a website,click on this link .If you want to develop an e-commerce website,contact this company here
- Tent and chair for hire business
A village setting is where you won’t get stiff competition for tent and chair for hire business.to buy a tent, you require at least Ksh60,000. You’ll spend up to Ksh50,000 to buy quality chairs. Generally, people holding funeral and wedding ceremonies will be hiring your tent and chairs.
- Poultry Farming
I will always advise you to go for kienyeji chicken because they are more profitable than broilers. With Ksh 100,000, you can buy up to 70 chicken and the meal required for them to grow to maturity. Grow the number of chicken over time and as you get more profit.
- Pig farming
Pig farming has become one of the hot cake businesses in Kenya.The demand for sausages has soared to unimaginable levels. In central Kenya, almost everyone is racing against the clock to start this business.
The market for pork meet is ready.
Only a capital of Ksh 100,000 is enough to start pig farming business.
Best Business to start with Ksh 200,000 in Kenya
- Grocery shop
A good grocery business will cost Ksh 150,000 to Ksh200,000 to start. The business works well in urban centers like Nairobi, Mombasa and Kisumu. Food is a basic need and people in towns don’t grow any kind of food, they depend on groceries for supply of vegetables and fruits. Make sure your grocery has all the required products for you to generate profits of more than Ksh 2,000 per day.
- Bodaboda business
A reliable boda boda will cost Ksh120,000. If you have a capital of Ksh 150,000, you’ll comfortably start a boda boda business. Each of your boda bodas will generate more than Ksh 700 per day in net profit. Boda boda business is for people who want to make quick money.
- Wines and spirits shop
Ksh 200,000 is ideal capital for starting wines and spirits shop. One thing I like most about this business is that the products are not perishable. Acquiring a license and getting someone to supply the product to you are the only challenges. No matter the size of a wines and spirits shop, the business must generate profits.
- Large scale farming
Small scale farming may not be as profitable as large scale farming.A capital of Ksh 200,000 is enough to get even 10 acres for one year and plant profitable food crops. Some of the most profitable farming products are:
- Fast food restaurant
A fast food restaurant may not disappoint you, it’s profitable. But don’t make a mistake to launch it in remote areas. Nairobi,Nakuru,Kisumu and Mombasa are the best towns to start this kind of business. A capital of Ksh100,000 is enough to start the business.
Cosmetics business will cater for ladies beauty. This is business you will launch with Ksh150,000 only.Profits of Ksh1,000 to Ksh5,000 are expected per day.
Best Business to start with Ksh500,000 in Kenya
- Executive Salon
Executive Salon will cost between Ksh500,000 and Ksh 1 million depending on location and size of the business. The salon should include manicure and pedicure and massage. In Nairobi, one executive salon in areas like Kilimani can generate up to Ksh50,000 per day. The average daily profit of an executive salon is Ksh10,000.
- Cake baking business
If you have skills in cake baking, start your own bakery where you will be baking cakes and distributing to shops and getting orders for events. To buy equipment and rent a house for cake banking business, you need a capital of Ksh 500,000.
The business may take some time to break-even but once people have proved your products and services are excellent, you won’t struggle to make Ksh10,000 every day.
- Start online Taxi business
Join online tax business like Uber and start making money every month. You need a capital of Ksh 400,000 to Ksh500,000 to start taxi business in Kenya. A good and fuel efficient care will cost approximately Ksh 400,000. Every month, Uber will be crediting your account with Ksh60,000
- Car wash business
I always envy those people running car was business, the profits they generate are mouthwatering. Only a capital of Ksh250,000 to Ksh500,000 is enough for a car wash business. In a bad day, you’ll make Ksh 2,000. During rainy season, you can make up to Ksh 20,000 per day.
- Gas cylinder business
If you want to earn up to Ksh 20,000 per day, start gas cylinder business. The cost of starting this business may rise to Ksh500,000, sometimes up to Ksh1 million but it’s worth your efforts.
Thieves are fond of stealing gas cylinders, it’s advisable to operate in a secure environment.
Best Business to start with Ksh1 million in Kenya
- Garbage collection business
Garbage collection business is extremely profitable. Once you buy a garbage collection track and acquires a license, your only challenge is to get customers for your business.
You can start with one track, then grow your business over time when clients increase. A capital of Ksh 1 million to Ksh2 million is enough for garbage collection business.
- Start a Chemist
Chemist business is also a profitable venture which you should think of anytime, any day. The average capital for setting up a chemist is Ksh1 million. In Nairobi, Mombasa, Kisumu, Nakuru, Kisii and other major towns, the expected profit will be Ksh5,000 to Ksh30,000 per day.
With chemist business, you set the price of drugs—meaning that you determine the profit margins without the influence from any authority.
However, you will get the challenge of securing a license if you aren’t a nurse, pharmacist or holds a relevant academic qualification.
- Hardware Business
Construction is ongoing, almost in every part of the country. Hardware business is the best to start if you have a capital of Ksh1 million and above. Even if you take a loan for the business, the money will be recovered within a short time. Areas like Joska, Kamulu, Ruiru, Nakuru, Kisii, Kitengela, Ngong and Rongai are among the best places to set up a hardware.
- Bedsitter rental business
If you already have some land, develop bedsitters for rent. You will spend as low as Ksh 1 million to come up with decent bedsitters. A single bedsitter will yield Ksh 4,000 to Ksh12,000 per month. The Ksh1 million capital will build up to 7 bedsitters.
The beauty of rental business is that it will generate money forever.
- Mitumba Bale Business
If you know how to import clothes from China and Dubai, do it in bulk in form of bales and sell to retailers across the country. Make sure you create a blog and a Facebook page which you will be using to advertise your business. A capital of Ksh1 million is enough to start mitumba bale business. One bale will generate a profit of more than Ksh5,000.
- Wines and Spirits wholesale business
A friend of mine was intending to start wines and spirits business, he was almost acquiring a house to rent only to be told that for him to experience more profits, he has to go for wholesale business. Right now,he is earning an average of Ksh20,000 per day from the sale of wines and spirits to retailers. If you want to become rich quickly in Kenya, wines and spirits business is the best to start. The capital required is in excess of Ksh1 million.
- Garage Business
Garage business may consume a capital of more than Ksh1 million but it’s a great business to launch anywhere in Kenya. One idea I would like to pass is that when owning a garage, make sure you own a blog and a Facebook page to advertise your business. Nowadays people are searching for garages near them. On your blog, indicate that you are available in every town such that when someone contacts you, link them to a mechanic near that town.
Garage business depend on location, season and the type of clients you will attract.
- Start a coffee shop
Coffee shop business will only work perfectly in Nairobi. You need a capital of Ksh 1 million to Ksh3 million to start a classy coffee shop. The profits you will make are insane. Assuming you buy a packet of milk and make two cups of coffee, you’ll sell one for Ksh 200.The two cups will generate Ksh400.One packet of milk costs Ksh40.The profit here is more than Ksh300.
- Start a restaurant
Restaurant business require someone who is always there to manage workers and oversee the business. If you don’t have time for the business, you won’t make good profits. You need a capital of Ksh 500,000 to Ksh2 million to start a decent restaurant in a town setting.
- Agrovet Business
Agrovet is more profitable in agricultural areas like Kisii, Rift Valley and Central Kenya. This is a unique business which very few people venture into. The required capital is Ksh 600,000 to Ksh 1 million. Once set up, you’ll be realizing profits from Ksh 3,000 per day. The competition in this industry is not stiff.
- Start selling timber
Timber business is also very profitable but costly to start. The business needs a space of more than half an acre—which is the only headache. You need a capital of more than Ksh1 million to start selling timber.
- Long distance matatu business
If you venture into short distance matatu business, you will not make reasonable profits. For long distance matatu business, there is no conductor involved and all passengers pay at the booking office. The matatu cannot start a journey if it’s not full. With this arrangement, you are assured of making profits every month.
To acquire a matatu, you need a capital of Ksh1.5 million.
- Car spare part business
Another business you should think hard of is car spare part business. A capital of Ksh1 million and above is enough. Toyota car spare parts are the best ones to sell in Kenya. If you manage to get the genuine ones, you’ll indeed become a millionaire.
- Start a petrol station
I won’t lie to you, petrol station needs a capital of more than Ksh3 million to set up but it’s a profitable business. Among the most profitable businesses in the world is selling oil and gas. There is no single petrol station in Kenya that’s making losses.