Profitable Business Ideas In kenya

301 Pages·2012·7.87 MB·English

BUSINESS IDEAS 2016
200 Profitable Business
Ideas In Kenya

What are the profitable business ideas in Kenya? What is the best businesses to start
in areas like Nairobi, Nakuru, Mombasa, Kisii, kisumu e.t.c? What are the best business
opportunities for Kenyans (Investment Opportunities) with Ksh.20,000 upto Ksh.500,000?
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Are you an entrepreneur or investor looking for where to invest your money with good
returns? Do you want to invest in Kenyan business opportunities but you don’t know where
to invest your money?? Do you want to know fast growing business ideas in Kenya? Then I
advice you read on because this eBook was written specially for you.
For quite sometime now, my email box, whatsapp inbox and text messages have
been filled with request from Kenyans asking for the fastest growing business opportunities
in Kenya which they can invest in. Before I proceed with any detailed explanation, I want to
state clearly that there are untapped business opportunities in every industry both in Kenya
and all over the world; you just need to dig deeper to find such niches.

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About The Writer
It is important i introduce myself briefly. I am
Timothy Angwenyi; an entrepreneur and investor,
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with a passion to share my knowledge and also learn
from others. My phone number is 0701711058 and
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my email adress is [email protected].
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I am a business writer, Entrepreneur and Internet
marketer.
Am currently writing eBooks on various ways of
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making money in kenya (Entrepreneurship), whereby i
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educate Kenyans on business ideas to venture in.
Now from my personal experience and
interaction with Kenyans both home and abroad, I
came to observe that many people are interested in
starting businesses in Kenya by setting up their own
companies and stores but fear seems to hold them back. I have met individuals who have
been living and working abroad for over ten years; they have made a lot of money over there.
But rather than come back to Kenya and start a business, taking advantage of the
currency exchange difference between the Kenyan Shillings and Dollar, Euro or Pounds; they
would rather stay abroad because they are afraid of the uncertainty of doing business in
Kenya.
I have met a lot of Kenyans and some foreigners with a lot of cash; but they just don’t
know where to invest their money. Some even tried to invest in the stock market and they
lost their money, not because the stock market is bad but because they lack the needed
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experience and knowledge to invest in the stock market. Well, I still invest in the stock
market regardless of its ups and downs; because I have the needed technical know-how.
Profitable Business Ideas In kenya
What is the Best Business to Start from Home in 2016? What is the best business to
start? What is the best small business ideas to start from home with little money? Which
business opportunity has the potential for rapid growth?
Do you have the capital and passion to start a business but you can’t seem to decide
what business to start? If any of these questions best describe your thoughts, then please
read on.
Most aspiring entrepreneurs are usually confused when it comes to starting a
business because they can’t figure out the best business to start. Just recently, I got an
email from a reader of my business guides and this was the reader’s message.
“Respected Sir, how are you? This is (name withheld) from Nairobi, Kenya. Now I am
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doing MBA and ACA as well. Sir, I am very interested in business but I am very confused about
the field. Which field is more suitable for business, for growth? Would you like to suggest me
something? Thank you.”
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I receive such emails on a daily basis so I decided to write this guide in reply to this
email. I believe the best business opportunity exists but you have to create it or make it a
reality yourself. Now what am I trying to stress?
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The point I am trying to stress is that becoming a successful entrepreneur does not
depend on the business opportunity; it depends on you. So if you are going to successfully
go through the entrepreneurial process, you will have to find your own best business
opportunity.

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5 Questions to Help You Choose the Best Business to Start in 2016
1. What is your level of preparedness?
The first key to finding the best business to start is you; and the reason is because
building a successful business starts with you, the entrepreneur. Are you in the right
mindset? Do you have what it takes to build a successful business?
I listed the entrepreneurial mindset here because it the fundamental key to starting,
building and growing a business. The state of your mindset will determine how far you will
go in the entrepreneurial process of building a business. Choosing the best business to start
begins with you answering the following personal questions:
1. What is your risk bearing capacity?
2. Are you prepared to face business challenges?
3. Are you prepared to handle business failures?
4. What’s you perception towards making mistakes in business and life?
These are the type of questions you need to ask yourself before even deciding what
business to start. These questions will reveal your mental preparedness for the
entrepreneurial journey at hand.
2. How much Capital do you have?
The start-up capital you have access to, is another factor that will determine the best
business for you to start. The best business opportunity for an entrepreneur with access to
a Ksh.100,000 start-up capital will be quite different from that of an entrepreneur with a
million shillings in start-up capital. So take note that your start-up capital is a predominant
factor when deciding what business to start.
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3. Who is on your Team?
The competence of the management team you have on board will determine the kind
of business opportunity to pursue. If your business team has a track record of successes;
then raising capital to pursue big projects will be a piece of cake. But if you are a solo
entrepreneur, then your best business opportunity will be quite different.
4. How Strong is your Business Plan?
If you have the right plan, coupled with the right team and the right mindset; then you
can pursue mega projects. But an entrepreneur who lacks the orientation of the use of a
business plan will just bootstrapped his or her business on a shoestring budget. The
extensiveness of both your personal and business plan will determine the kind of business
opportunity you will pursue.
5. What Business idea do you have in mind?
Lastly, the best business ideas for beginners to start varies from entrepreneur to
entrepreneur based on the ideology of the entrepreneur and the prevailing circumstances.
Your best business opportunity may differ from mine based on prevailing circumstances
such as local trend, your passion, hobby, skill, geographical terrain, demographics,
psychographics, demand, supply, economic policy, etc.
The best business to start for someone in Kenya or China will differ from that of
someone in United States, Canada or India. And most importantly, I listed the “business
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idea” last because it is the least important necessity to starting a business.
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Remember, the world is filled with brilliant, million shillings ideas but the world lack
savvy entrepreneurs. An average business idea with the right mindset, a strong business
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management team, and the right business plan will outperform an excellent million shillings
idea with a poor mindset and a weak management team.
So when deciding what business to start, make sure you do your preliminary
feasibility study. Also make sure that the right combinations are in place and when
contemplating on the best business to start; be sure to take into consideration the five
questions above and I will see you at the top.
Now let's have a look at 200 profitable business ideas in Kenya 2016. I did not list
them from the best to the worst but i listed them randomly. Therefore it is your task to read
all of them and choose the best and convenient business idea that you can start today.

1. The Kiwi Fruit Farming Business Idea

There are very few markets where demand exceeds supply. One such market is for
Kiwi fruits which, despite being a relatively new idea in Kenya, has taken the market by
storm. There are very few farmers who have gotten wind of its valued benefits and you can
take advantage of this loophole to make a timely investment. Here is a step-by-step guide
on how to go about it.
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Kiwi Fruit Farming In Kenya
Step 1: Acquire or Lease a Piece Of Land
Kiwi vines grow well in areas with adequate rainfall and well drained soil. Think about
areas that are neither too wet nor too dry and preferably with red soil which tends to be well
drained (unlike black cotton soil). For example Uasin Gishu, Nakuru, Western Kenya, some
parts of Kajiado, warmer parts of Central and Nairobi areas. You can start out on a 1/8 th
piece of land which can be leased at Ksh.5,000 per year or bought for Ksh.500,000.
Preparing the land will cost you an extra Ksh.10,000.
Step 2: Obtain Seedlings
Seedlings are quite rare to find but with a bit of searching you can always find them.
Local nurseries as well as online classified sites like OLX are good platforms to start your
search. There is also the option of liaising with seed companies or The Kenya Agricultural
Research Institution (KARI) for further assistance. Currently, Kiwi Vines that are ready for
transplanting are retailing at an average of Ksh.300 per piece.
A 1/8 th piece of land will require about 50 vines amounting to Ksh.15,000 in total.
Step 3: Plant & Care for the Vines
Plant the vines at around the month of March to take advantage of long-rains. Note
that Kiwi Vines are very vulnerable to strong winds and you may need to invest a bit more
infrastructure-wise to protect them (e.g. by building a temporary fence or planting some
trees around the farm).
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Also you’ll need to invest in a compost manure and some little amounts of fertilizer
(D.A.P and C.A.N) to provide the crop with adequate nutrients. Kiwi plants are susceptible to
a bacterial infection known as Psa and so you may need to invest in biochemicals that are
usually used on fruits like oranges and grapes.
Step 4: Your First Harvest
The average kiwi vine takes 2 to 3 years to mature and start producing fruits. The first
few harvests may however not be as productive but this tends to improve throughout the
plants mature life.
You can still commercialize your farm at this time by selling the few fruits that come
out of it and healthy vines that you may choose to propagate (Remember, each vine goes for
Ksh.300 on average, usually bought by new farmers).
Step 5: Take It To The Market
The local market is currently under-served as there are very few farmers who have
taken up this idea. You can sell to roadside traders or even approach the big supermarkets.
There is even greater market potential in exporting to neighboring countries.
How much to invest
For 1/8 acre piece of land you will require a minimum of Ksh.50,000 and a maximum
of Ksh.100,000 to start. Cost may however rise if you’re leasing or buying the piece of land
for the first time.
How much to expect
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A 1/8 acre piece of land with 50 vines can produce 5,000 fruits per year (about 400
Kgs) on a bad season. A bumper harvest can reach up to 10,000 fruits (about 800 Kgs).
Each Kiwi fruit currently retails at an average of Ksh.100. In other words, there’s potential for
sales revenues of up to Ksh.1,000,000 per year on such a small piece of land.
Note that, a single vine farm can produce healthy fruits for up to 15 years of maturity.
Final Word
There are many benefits of Kiwi fruit farming in Kenya, including the fact that this is a
relatively passive activity. However, there are potential challenges in that the idea is still new
in the market and treading through uncharted territory isn’t always that easy. You should see
this as a medium to long-term investment opportunity.

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