There are many businesses that you should start and take advantage of. It would help if you chose any of the Top 15 Profitable Businesses in Kenya To Start With 10k.
It would also help if you practice patience when running this business because not all businesses start making profits immediately.
This is one of the essential tips for starting any business in Kenya because many people give up when they do not get immediate returns.
Profitable Businesses in Kenya To Start With 10k
Before we look at the Top 15 Profitable Businesses in Kenya To Start With 10k, you should consider these few tips to help you start your business successfully.
1. Choose Location for Your Business
You need to choose a location to sell your products or services. It is necessary to conduct surveys before selecting an area with good demand for your products or services.
2. Register Your Business
After choosing an area where you’ll start this business, you’ll also need to register it as a business name to protect you from liabilities in case things go wrong with your business.
3. Open a Bank Account
It will be necessary to open a bank account for this business. This is necessary because it will also help you supply documents for tax purposes and receive payments from your customers if they pay you through banks.
4. Promote Your Business
You’ll need to promote your business in addition to formalizing it if you want people to be aware of the goods or services you’re offering. You can start a Facebook profile, advertise your business online, or enlist the aid of your friends and family to spread the word about it.
5. Be Patient
This is one of the essential tips you should follow when starting any business. Many people give up after some time because they do not get immediate returns. So if you want to succeed in business, you should have a lot of patience.
What Profitable Business in Kenya Can One Start?
With a 10k capital in Kenya , you can start various businesses such as blogging, freelance, Dropshipping, YouTube, home salon, nail parlor, ice cream, barbershop, home cleaning, Mitumba, street food, fruit vending, vegetable farming, poultry farming, or agriculture consultancy business.
Here is a list of Profitable Businesses in Kenya To Start With 10k
1. Mitumba Business
So many people in Kenya wear Mitumba clothes, especially the popular camera grade. With about Ksh 8k, you can get a decent bale of camera Mitumba which can make you up to Ksh 3,000 if you sell directly to consumers.
Reinvesting profits as soon as possible and choosing appropriate venues to sell the clothing are the keys to expanding this enterprise. You can also sell the clothing and provide components to other vendors as an alternative.
2. Car Wash Business
With just 10,000Kshs, you can launch a successful car wash business in Nairobi. If you have a van or, even better, a self-wash area where customers can wash their cars, that will be a bonus.
On Saturdays, Sundays, and legal holidays, you can grow this business and make a significant profit.
3. Nail Parlor
In Kenya, women are now sporting artificial nails as a new fashion statement. Everyone wants to appear attractive, which has led to the emergence of nail salons or parlors. If you are skilled at doing manicures, painting nails, or applying stickers (fake nails), open a nail salon in your community.
With the 10k, you can rent a tiny stand, buy some supplies, and earn up to Ksh 5K every day.
4. Cleaning Services Business
This small business is easy to start with 10K in Kenya. You will be able to save on the cost of buying equipment such as mops and buckets since you can use old equipment that you’ll be able to recover from your last place of work.
Most employers lookout for cleaners, and you can start this venture by offering the service to your former managers or co-workers.
5. Fruit Vending
Fruit vending is another popular business on the streets of Kenya. We turn to these vendors when we want something refreshing on a hot afternoon or cheap but healthy. If you get good fruits, you can set everything up with a 10k budget and earn up to Ksh 2,000 on a good day.
6. Street Food Business
In Kenya, eating street food is popular, and many individuals, especially the younger generation, have no problem visiting these establishments even if it means consuming potentially food that has stayed for some time.
Start a street food business to sell various snacks or meals that are in high demand on the streets to take advantage of this opportunity. Smokies, boiled eggs, fries, and other examples of these dishes are given.You could even start this business by purchasing food from other vendors who sell it on the street and charging twice as much for it in your shop.
7. Poultry Farming
The cost of raising poultry doesn’t have to be high. With Ksh 10,000, you can launch a small business and earn Ksh 10,000–Ksh 25,000 every month.
Unfavorable for city people is the demand for space that this firm would inevitably require. A few hens can be kept for eggs or meat. However, it’s crucial to conduct adequate research before moving forward with your business idea.
8. Cereals business
Cereal sales are another small business in Kenya that you may launch with just 10K. Since there is a high demand for it, particularly in urban regions where many people spend most of their time indoors, you may invest less money and still make a profit.
The quantity of clients looking for breakfast cereals, especially in the morning, will surprise you.Do not forget that you can still sell cereal at lunch, supper, and even after your shop has closed for the day.
9. Ice Cream Vendor
Kenyans enjoy ice cream, especially children. Therefore, it could be worthwhile to investigate this. If you lack the necessary skills, you can learn it on YouTube.
With Kshs 10,000, you can purchase the necessary items, including a freezer (or cooler), an ice machine, and the components for creating ice. As an ice cream vendor, you may earn up to Ksh 1,000 each day.
10. Web & Graphics Design Business
This is a fast-growing sector that will give you good returns. You need to have strong design skills and market your services through social media platforms such as Facebook, Instagram, etc.
If you have 10K in Kenya, this business idea will produce quick results, and you can start making money from your first week.
11. Local Barbershop
Maybe you’re good at trimming hair for others. If so, opening a barbershop won’t cost you anything. A local Kinyozi can get by with Ksh 10,000 while an executive barbershop is one of the rare enterprises that requires Ksh 500K or more to get off the ground.
You can use the 10K to purchase a reliable hair chipper, a used barber chair, and necessary barber supplies. The proceeds can then be reinvested to expand your barbershop enterprise. Overall, by charging Ksh 50 to Ksh 100 per head, you can earn up to Ksh 2,000 on a good day.
Read Also: 10 Profitable Home Based Business Ideas
12. Delivery Business
This is another small business idea you can start in Kenya with 10K. The main goal of this venture will be to make profits by delivering goods for people who are too busy or lazy to go out and get these items themselves.
For example, you can deliver groceries for homemakers without time to go shopping, company office items, bottled water for homes, etc.
13. Vegetable Farming
Vegetable gardening is one of the most profitable low-investment business ideas, while being frequently overlooked. You can set up own vegetable garden, buy seedlings and fertilizer, and lease a plot of ground for Ksh 10,000.
Kale (Sukuma Wiki), spinach, lettuce, cabbage, cucumbers, carrots, and cilantro are a few of the veggies that are in high demand. You could earn up to Ksh 50,000 every harvest if you are successful.
14. Home Salon Business
If you have been considering setting up a business in Kenya, then a home salon may be a good idea. Many people either can’t afford to get their hair done at salons or don’t have time.
Many young individuals have turned this business into a profitable venture, spending little cash on equipment and taking up clients within their neighborhood.
15. Selling Ladies Shoes & Handbags
Ladies’ shoes and handbags are accessories that many women like. You can start this business with 10K in Kenya and make good profits by buying good quality items at a low price and reselling them to your targeted customers.