In Kenya, there are a lot of different ways to start your own business. But if you want to start a business with more potential than others, it’s crucial to learn about the many possibilities and their rates of success.
The following list of business ideas is presented in no particular order of merit.
*List Of Most Profitable Businesses In Kenya 2022*
*1. Wines & Spirits*
If you can obtain the required licenses, the wine and spirits market is ripe for profit. The company’s physical location also has a significant role. Source for locations that will easily attract customers and ensure you have top-notch customer service skills. Having reasonable prices and periodic sales can also help bring in more customers.
* 2. Car Wash*
Do you ever ponder why there seems to be a car wash on every corner? If you have a large enough yard, up-to-date washing machines, and a steady supply of water, you may make a good living doing this. Your car wash’s location is also important. Ensure the car wash is in an easily accessible area.
*3. Daycare Business*
When it comes to enterprises in Kenya, this is one of the most lucrative and successful options. The need for daycare centers is increasing, especially in Nairobi and major cities. Actually, if you want to make it in this industry, you need to have a genuine love for kids. Offering attractive and reasonably priced services will be the key to the business’s success. It takes a lot of advertising to bring in clients.
*4. Taxi Business*
Taxi business is quite profitable especially if you operate your own taxi or drive by yourself. It also has the potential to be a profitable side business for individuals who already have full-time jobs. You can sign up as a taxi driver on any one of the many available taxi-hailing applications.
*5. Selling Second-hand Clothes (Mtumba)*
This is a fast-growing business that can be started with a low initial investment and produces profits almost immediately. You may get the clothing in major marketplaces like Gikomba. Make sure your prices are reasonable, and focus on selling clothes to a specific group if you want to make a lot of money.
*6. Furniture Business*
If you have the drive and expertise, the furniture industry offers excellent financial rewards. Your company’s location and the quality of your products are what customers care about most. Focus on producing high-quality furniture like chairs and couches to draw in clients.
*7. Garbage Collection*
Because of the high demand and limited supply of similar services, this is a promising business opportunity in densely populated areas with inadequate trash management services. Effective advertising can bring in a large clientele, particularly in residential areas.
*8. Hardware*
Although promising, this enterprise calls for a sizable initial investment. It’s a good idea to offer transportation services, especially to customers who have made purchases from your store. Joining forces with construction firms or contractors to bid on building material supply contracts can potentially yield substantial profits.
