1. Cake-Making business
A secret has been revealed! Until recent Kenyans used to underrate this business but few entrepreneurs who started small made a lot of profits until their neighbors and friends copied them.
Cake-making is a lucrative business especially if one has good marketing strategy. You can be assured of making up to 100% profit and chances of making loses are minimal.
One advantage of this kind of business is that you don’t need to have millions to start; with only Sh.500, 000 ,you are ready to go.
One thing that will determine whether you’ll grow or not is the location of your business and how you treat customers.If your is in Nairobi or Mombasa then be assured of making extra ordinary profits.
2. Real Estate
As the Kenyan population continues to increase, land has become very scarce. Owning land in Kenya is the best asset for anyone who intends to be rich.
If you have enough money to invest in real property please do so as early as today. If you buy land today for Sh.500, 000, regardless of the location, you will surely sell it at a profit even if it’s tomorrow.
Owning rental property in towns like Nairobi, Kisumu, Thika, Mombasa and Nakuru is the best thing that can happen to any Kenyan.
One of the biggest hurdles of dealing with real property is the capital required to effectively run the business.
3. Car Hire/Taxi
Depending on the location, this business is one of the most profitable in the country and by extension East Africa. If your business is situated in Nairobi,Kisumu or Mombasa you can make very quick cash until you start doubting whether the money you have is genuine.
Nowadays people in towns don’t like using matatus to work,they prefer hiring a nice car and pay sya Ksh 3,000 per day for one month.If you’re running a car hire business then all these people will come to you.Others include weddings,church functions,and visitors.
4. Coffee Shop
These kinds of restaurants are found in major cities like Nairobi and Mombasa. They specialize in selling coffee,fresh juice and cakes.
Some of the owners of these shops are tycoons and they can tell you for free that their profits are counted in terms of Dollars.
5.Hardware Store Business
Kenya is a developing nation and everywhere you go there is construction going on.If you set a hardware store anywhere in Kenya you will not miss to get customers.
One of the advantages of this business is that most of the products you’ll be selling don’t expire and in most cases you fix the prices of some of the products.
5.Owning a Chemist
Though you are required to be a registered Nurse,Pharmacist or Doctor to operate a chemist, you can partner with someone with this qualification or employ qualified professionals.
There is no time people will stop being rich so owning a Chemist will give you good returns.
We have interacted with many Kenyans who own Chemists and the success stories they are sharing are so inspiring.Most of them argue that since the products they sell don’t have fixed prices are able to determine profit margins by fixing prices .
It’s considered dirty by degree holders but if you are the kind of person who want to be rich through all means then this is the kind of business for you.Set up the business in Nairobi,Kisumu,Nakuru,Eldoret or Mombasa and you won’t regret.
Now this is the kind of business you should start in Agricultural towns in Kenya.Kenya. Agrovet business is very lucrative as most people turn to farming as a source of income.
construction and real estate industry is booming in Kenya.But houses won’t be built without bricks or blocks.We have established that those who engage in the business get between Ksh200,000 to Ksh 3 million per month.
If you have stone crushers and equipment needed to do the business then you are ready to go.
Very few companies do this business,especially in Nairobi.When you join,you realize that competition is almost non-existence.
Earth movers business
The business require huge capital but it is extremely profitable.If you can manage to have one caterpillar and other earth moving machines for hire,several construction companies will come for you.