What Business I Can Start With 20k – Choose your stocks so that you have the best chance of turning them over quickly. [Photo Credit: tshirtsuperstar.com]
Television is what everyone is doing these days. Recent university graduates have found employment years after graduation. It is generally believed that a lot of money is needed to start a business.
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But this is not true. It all depends on how good your management skills are and how well you treat your customers. In fact, with Ksh 20,000 or less, you will have a successful business that can bring you huge profits. Here are some ideas:
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This job is low, but the payoff is great. For example, there are salons in Nairobi for up to Ksh 50,000 per person, but typical fees go up to Ksh 600 per person. It just depends on how you brand yourself. All you need is skill, strategic positioning and consistency.
You can start a business by visiting customers at their homes and then looking for a physical location where customers can track you down.
The capital required to open a salon in Nairobi depends on the location and size of your business. In Nairobi, rent for a standard room outside the city center is Ksh 8,000-15,000 per month.
You will need to purchase equipment to run the salon, which costs around 100,000 kroner. Equipment can be purchased over time. Just a hair dryer and its programs, and you’re good to go.
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On the one hand, starting a salon is very easy and requires less than 30,000 kroner capital. Depending on the location, a salon can earn up to Ksh 2000 per day. I used to run a barber shop but I was outside Nairobi and I was making a decent income of K15,000 every month.
Everyone loves chicken. If you have a small farm, consider starting this business because you will get a big harvest. You can start with 10 chickens and improve over time. Starting a chicken farming business requires as little capital as Ksh 20,000; What you’ll need, especially if you’re keeping broilers, is the right amount of feed and chicken feed.
Conventional chickens are easy to raise but take more than six months to mature, but broilers only take five weeks to mature. Yes, five weeks. If you spend a total of Ksh 50,000 on chicken, you can earn between Ksh 20,000 and 40,000. In five weeks. Increasing the number of chickens increases the income.
This is another good business you can start near a school or college or in a crowded environment like Nairobi. A capital of between Ksh 30,000 and Ksh 200,000 is required to start a business. All you need is a printer, a copier, and the money starts to pay off.
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Many young people turn to selling used clothes. In every mall in the city or residential area, you will find shops or stores that sell these clothes. This is one of my favorite business ideas to date. The trick is to start small by choosing good, fast-moving items like children’s clothing or women’s formal wear. Choose your stocks so that you have the best chance of turning them over quickly. As a small business, never invest your money in inventory.
You can wash and dry your clothes to make them more valuable. It’s a good place to start. That’s where most of the second-hand clothing retailers started. Decide on a routine to replenish your supply each week. You can visit your customers to sell at their workplaces or homes. This excludes the rent for a store or shop. You can wash, store and clean the things you need in your home. If you decide to rent an apartment, start small. Strategically look for a place below Sh10,000.
If you are a small business owner or don’t have enough capital to start a big business, you can start here. A capital of between Ksh 2,000 and Ksh 10,000 is required to start a sausage, samosa and egg business. Surprisingly, it is very profitable. An egg can be bought for Ksh 10 and sold for Ksh 20, making a profit of Ksh 10 per egg.
As parents are busy during the day, young children are staying at home with help. Many parents worry about the safety of their children staying at home, as many domestic workers abuse the children in their care.
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Small businesses that work with children make money. Parents don’t have enough time in the day to take care of every activity planned for their children. Talk to parents around you who have out-of-school children. Explain to them that you can take good care of their small number of children. The target group is children aged 1 to 3 years. You don’t have to start by renting a house; you can use your home.
All you need to do is buy a hard and soft toy to keep the kids occupied throughout the day. Be prepared to feed them and wash them if necessary. If you want, you can hire a helper to help with the children.
Don’t forget to agree with the parents about the children’s drop-off and pick-up times, meals, fees or any other special needs the children may require.
Ice cream business is a profitable business in major cities of Kenya, especially during the dry season. Many people who enter this business do not want to reveal their secrets to others for fear of competition. If you have a cooler, you can start working comfortably without breaking the skin. Make sure the job is close to the main road.
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An investment of between Ksh 20,000 and Ksh 70,000 is required to start an ice cream business. The best places to start an ice cream business are near schools and colleges, malls and supermarkets, and near busy roads. offices and near hospitals. Most or all of the products listed here come from our affiliate partners. This affects what products we write about, where the product appears and how it appears on the site. However, this does not affect our evaluation. Our thoughts. Here’s a list of our partners and how we make money.
Some people have a clear vision: they know what industry they want to conquer and what path they will take to get there. However, for many new entrepreneurs, it’s difficult to understand how to get started—and work together to determine exactly what type of business to invest in.
To help you get started on your journey, we’ve compiled a list of the most profitable companies, taking into account factors such as industry growth and competitiveness, startup costs and barriers to entry, and revenue potential.
With a solid business plan, hard work and determination, any strong business idea can be successful and profitable.
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However, high-growth industries with low start-up costs may have greater potential for profitability. For example, with the advancement of technology, starting a virtual assistant business will be more successful than opening a store.
While some of the most profitable businesses are Internet-based, others involve in-person services, which is great if you’re an entrepreneur on the go. Here is a list of the most profitable small businesses:
According to a 2021 report by Grand View Research, food truck traffic has grown steadily over the past five years and is expected to continue to grow—the market is expected to grow to $6.6 billion by 2028. You can start a food truck business for less than a third of the cost of opening a traditional restaurant; It also has geographic versatility, high revenue potential, and the flexibility to create personalized menus.
In larger, more popular cities like San Francisco, Boston, and Washington, D.C., the food truck market is already saturated (as are stricter regulations) — and it can be a more expensive business. Success in small cities. .
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Food trucks typically have their own specific regulations, operating licenses, and safety standards. They also require food handling insurance, so you’ll need to check with your local health department to find out what you need.
According to a 2020 survey by Consumer Reports, rising prices and expanded features in new vehicles are forcing car owners to keep their cars longer. As drivers keep their cars longer, businesses such as car washes that help people maintain the value of their car investments are also expected to grow.
According to the International Car Wash Association, 66% of Americans wash their cars anywhere from 1 to 1
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