If there is a town where any business can thrive,then Kisumu is one.It doesn’t matter what kind of business you start in the town as long as you know the taste of the people in the city.The best business,however,is one that can generate more income with little operating cost.
Kisumu is the third largest city in Kenya after Nairobi and Mombasa. It has a population of close to half a million.Lake Victoria is one of the tourist attraction centres,and is among the highest producers of fish in Kenya. Kisumu is also one of the best towns in Kenya in terms of business growth because of the low cost of operating any kind of a venture.
The town has so many unexploited business opportunities which the residents are unable to grab. If you are an entrepreneur, this is the town to consider opening your dream business.
The following are some of the most profitable businesses you can start in Kisumu:
1. Motorcycle Spare Parts business
Boda boda is the most preferred mode of transport in Kisumu town as the residents find it cheap and more reliable.
The business cannot work efficiently without spare parts, so as an entrepreneur, you should do a pilot survey in the region and establish which exact business premise will be ideal for the business.
Some of the businessmen we interviewed agreed that the business is booming, no one is regretting.
2. Restaurant/Hotel/Guest houses
If you start a good restaurant with guest houses in Kisumu then your prayers will be answered.
There is no business that makes money in this city like a hotel with guest houses. What you need to do is to make the guest houses affordable then introduce meals that the locals like-fish, chicken and nyama choma.
Alternatively,you can start a fast food restaurant in the city Centre.You realize that there are very few fast food restaurants in Kisumu town,especially in Tom Mboya Street.
3. Salon & Kinyozi
Luos like being neat and trendy that’s why they need your services.
Go to the city, start a salon and set your own standards then see how they will flock to your business. They don’t discriminate when they need a service as long as you provide quality services.
4. Shoe business
When you pass through the streets of Nairobi you must hear noise from people in chorus where they invite passersby to their shoes shops with a microphone as nice music play to attract customers. The same should be replicated in Kisumu.
The shops stock shoes in bulk, which give customers a variety to choose from. It’s hard for a customer who is determined to buy shoes to walk out of the shops without buying the same.
The shoes are obtained from Eastleigh Nairobi, where each pair goes for between Ksh 300 to Ksh 1,500 but they are sold between Ksh 1,000 to Ksh 3,500
5. Milk Business
Most people in Kisumu are not farmers; they heavily depend on milk from companies like KCC and Brookside. As an entrepreneur, you can decide to buy milk from regions like Kericho and Kisii then sell to Kisumu residents at a lower price than what they buy from Brookside and KCC companies.
What you need is a fridge and a tank to store the milk, and of course a Licence from both ministry of health and the county council.
Apartments for rent.
The number of houses to let in kisumu city are few as compared to the number of people seeking for houses in various estates within the city.Investing in real estate in Kisumu would be a great idea.
Pub
There is a huge population whose love for alcohol is that of twins.A pub,especially wines and spirits business can do very well.It will also be wise if you have it within town.
Cereals business
Selling dry maize,beans,and all types of grain is a wise idea.People of Kisumu don’t like farming,they simply buy from other towns like kisii and Kakamega.
Grocery
A grocery where you will sell vegetables can work well too.Just have some Ksh 100,000 and set up this type of business,then start earning profits.