Question: Which Business Can I Start With 20k In Kenya?

What is the best business to start with 20k?

ClaimTek.

Another franchise you can start for under $20K is the medical billing and documentation franchise ClaimTek.

With the medical industry in the U.S.

growing at a phenomenal rate, becoming involved in medical, dental and practice management consulting is a lucrative business to start..

What type of shop is most profitable?

So read on below and thank us later.Coffee Shop and Bar. When you think of your neighborhood coffee shop and bar, you might not think of the same establishment. … Pet Grooming and Boarding. … Clothing Boutique. … Vape Shop. … Bakery. … Grocery Store/Specialty Food Shop. … Lawn and Gardening Service. … Food Truck.More items…•

What are the cheapest businesses to start?

20 Cheap Businesses You Can Start in Your Spare TimeSales Consultant. Avon, Mary Kay, Pampered Chef, and Tupperware all enlist the help of local sales representatives to get the word out to shoppers about their products. … Lawn care. … Homemade gourmet foods. … Babysitting. … Cleaning services. … Catering. … Errands. … Handyman.More items…•

How can I make money fast in Kenya?

More videos on YouTube1 Make YouTube videos.2 Try affiliate marketing and earn a commission.3 Let your photography skills make money for you.4 Write an e-book.5 Sell your own products online.6 Register and sell domain names.7 Create an online course.8 Rent out a spare room in your house.More items…

Which business is best 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 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.

How much does it cost to start a laundry business in Kenya?

Renting premises, licensing, and acquiring equipment may require a reasonable amount of starting capital. Ksh. 170,000 – Ksh. 200,000 will be enough for a start.

Which is the best business to start in Kenya?

Simple Business Ideas Anyone Can Try in Kenya To help thousands of Kenyans looking to venture into business, below is a list of 15 simple business ideasSelling second-hand clothes. … Salon or barber shop. … Boda boda business. … Poultry Farming. … Boiled eggs and smokies. … Car wash business. … Movie shop. … Cleaning service.More items…

What is the most profitable business in Kenya?

Top 12 Most Profitable Businesses in KenyaCake making business.Garbage collection.Mobile Money transfer shops and bank agents.Butchery.Photography.A car wash business.Wines and Spirits business.Selling Second Hand Clothes.More items…•

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…•

How can I double my money fast?

7 Ways to Double Your Money (Fast)Open an account with a trading service such as Robinhood or Webull, which offer free stocks for opening or funding an account or for inviting friends to join.Buy IPO stock.Flip sneakers purchased on Stockx on eBay or via the Snkrs app.Sell freelance services on the Fiverr platform.More items…•

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.

How can I invest a small amount of money in Kenya?

We take a look at some of the popular ways you can invest your money in Kenya;Community/Collective Savings. … Saving and Deposit Options at Your Bank. … Invest Money in Yourself. … Buy Government or Private Sector Bonds. … Invest in Unit Trusts or Mutual Funds. … Invest in Gold and Silver. … Invest in the Capital Markets via NSE.More items…•