How much money do you need to start a business in Kenya?

You can easily start with a capital of Ksh 5,000 if you want to do business on a small scale. But if you want to go bigger, then capital of Ksh 150,000 should be enough.

How much does it cost to start a business in Kenya?

Fees

Different Kenya entity types Cost Draft invoice
Tax resident LLC US$17,350 View invoice PDF
PLC US$18,950 View invoice PDF
Branch of foreign company US$16,250 View invoice PDF
LLP US$15,850 View invoice PDF

What business can I start with 50k in Kenya?

Here are the best businesses to start with 50k in Kenya.

  1. Movie shop. There is a high demand for western films and TV shows provided by streaming services in Kenya. …
  2. Salon/barbershop. …
  3. Hardware store. …
  4. Grocery store. …
  5. Mobile money agent. …
  6. Farming. …
  7. Milk bar. …
  8. Car wash.

What business can I start with 10000 Kenyan?

Here are other businesses you can start with Ksh 10,000;

  • Movie shop – the best because you don’t have to stock anything.
  • Photocopy and printing business.
  • Selling smokie and boiled eggs – highly profitable business in Kenya.
  • Blended fruit juice business – combine it with a fruit business.
  • Ice cream business.
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Which business can I start with 20k in Kenya?

List of Businesses to Start with 20k

  • Selling second hand (Mtumba) Clothes. Many young people have resolved to sell this kind of clothes. …
  • Printing and Photocopying. …
  • Poultry farming. …
  • Selling Baby Diapers. …
  • Operating a Daycare/ school. …
  • Start a Car Wash. …
  • Start a Movie shop. …
  • Operating a Coffee Shop.

Which business is profitable in Kenya?

Laundry businesses are a good business to start in Kenya. They are profitable and available for rent almost everywhere, even in slums. You can start a laundry service like dry cleaning or washing clothes with whatever equipment you have, like a washing machine at home.

How much does a 14 seater matatu cost in Kenya?

A 14-seater costs about Sh2. 4 million.”

Can I start a business with 100k?

You can open a small business even if you have only a few thousand dollars in your pocket. And if your start-up capital is several hundred thousand, then the choice expands significantly. … There are many options for what kind of business you can do with $100,000.

What business can I start with 500k in Kenya?

Business to start with 500k in Kenya and thrive well are explained below:

  • Gym. Exercise is part of making one healthy. …
  • Cosmetic Shop. Beauty in the current error is highly considered by many people. …
  • Milk Pasteurization Plant. …
  • Taxi Business. …
  • Restaurant. …
  • Playstation Business. …
  • Nyama Choma Joints. …
  • Agrovet Shops.

What can I do with 10k in Kenya?

Here are the top 10 businesses to start with 10k in Kenya:

  • Sell stock photos. …
  • Drop shipping. …
  • Sell outsourced services online. …
  • Start an “outsourcing” agency. …
  • Make organic soaps. …
  • Create a course based no something you’re good at. …
  • Gardening and landscaping. …
  • Errand services.
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Can I start a business with 10k?

Opening your food trucks is an ideal business startup if you have a budget of 10k. With no real-estate investments required, you only need a functional truck, basic equipment and few staffs to get your business kick-started. The current trend in the Indian economy makes it an ideal ground for ambitious entrepreneurs.

Where can I invest 10k in Kenya?

In this article, I will guide you on starting a small business with 10k in Kenya.

The following online business ideas in Kenya require minimal starting capital.

  • Blogging. …
  • Affiliate Marketing. …
  • Freelancing Business. …
  • YouTube Channel Business. …
  • Digital Influencer Business.