There are several big institutions located in Eldoret town where most of them belong to the Kenyan government.Eldoret is one of the best towns to start business in Kenya because of cheap rent for office apartments and favourable conditions for business.
Some of the institutions located in Eldoret include Moi International Airport, Moi University, Eldoret University among others. Also, most international athletes live in this town.
Due to the aforementioned facts, the town remains one of the best in terms of doing business. The following are the most ideal business to run in Eldoret.
1. Motorcycle Spare Parts Business
This is a booming business in Kenya, whether in Nairobi, Mombasa, Nakuru, Kisumu or any town in Kenya. Starting the business will automatically generate profits for a business person.
The only tasks you have before starting the business is to identify a suitable supplier, then look for a capital of around Ksh 400,000.
The climate in Eldoret is favourable for agriculture; land is also enough to do even large scale farming.
If you don’t have land in the area you can hire some and engage it with agricultural activities, then start your farming business. We propose plant crops like onions, carrots, maize and beans.
You can also do poultry farming,which is among the most profitable businesses in the country.
Boutique business does very well in Eldoret town since the population in the town like spending on clothes. The fact that there are many education institutions in the county is enough to motivate one into starting the business.
Also, the cost of running a boutique in Eldoret is not high as compared to most towns in Kenya.
Uasin Gishu County has made it possible for entrepreneurs to start hotel business in eldoret, processing license and acquiring tools for the business is cheap.
We have also conducted research in the town where we interviewed several hotel owners on how much profit they make monthly, most of them gave us convincing figures.
5. Taxi business
This is another business which is very profitable in the town which has many people who prefer using taxi than the normal matatus.
Many institutions in Eldoret are located away from town centre so having a taxi will be a good idea if you are into transport and logistics business.
The people of Eldoret love to have fun,and a bar is ideal business to start in the town.You can start with wines and spirit business and later start a big pub.
Selling mitumba clothes
Mitumba clothes business is definitely the best business to do when you have small capital.with as little as Sh 10,000,you can have your own mitumba shop.And for your information,most traders in Eldoret make up to to Ksh 2,000 per day.