It’s 2018, congratulations for crossing the year. It’s that time when business is first priority to most of us and one of our greatest worries is how to accumulate enough to start a business venture. Due to inability of most of us to save enough for mega businesses, starting small is only our option, which is why we have categorized businesses in relation to capital requirements.
If your capital is below Ksh10, 000, here is a list of profitable businesses to start this year
- Selling second hand clothes (Mitumba)
- Shoe shining business
- Selling boiled eggs, samosa
- Small grocery
- Hair dressing
- Manicure and pedicure
- Houses’ cleaning/Carpet cleaning
If your starting capital is Ksh100, 000, here is the list of businesses to start in 2018
- Butchery
- Poultry farming
- Selling gas cookers
- MPESA shop
- Kinyozi
- Cosmetics shop
- Printing,photocopy business near schools
- Hawking utensils
- Fresh juice blending
Assuming you have saved Ksh200,000 to Ksh500,000,here is a list of profitable businesses to start in 2018
- Day care
- Executive salon
- Fast food restaurant
- Car wash
- Grocery
- Milk ATM
- General restaurant
- Boda boda spare parts business
- Boda boda business
If your starting capital is in excess of Ksh1 million, start any of these businesses
- Pharmacy
- Hardware
- Executive salon & SPA
- Coffee House like JAVA
- Electronic shop/Online store
- Bakery
- Petrol Station
- Selling tiles and carpets
- Furniture shop
- Betting company
- Long distance transport business
- Motor vehicle spare part business
- Starting garage business
- Buying and selling land
- Music recording studio
Some of the businesses you should not attempt to start include:
- Matatu business
- Selling used cars
- Boutique
- Travel agency
Unless you have thick skin, you will be frustrated
