3 Small Business Opportunities in Kenya's Financial Sector

The Kenyan financial sector is a bee-hive of activities. From investments in stocks to investment in unit trusts lots of money changes hands every day. So what is in it for a small trader like you and me? Below I have discussed some business ideas in this sector.

(1)Forex Trading

Are you a real risk taker? Then why not invest in currency or stock trading and start making money from the comfort of your couch? Well, I must admit this can be risky business, but for sure it can be rewarding to those who are ready to learn.

Budget: Ksh50,000 – Ksh1,000,000

(2)Online Loans

There are many people (mostly the working class) who look for short-term loans. If you have the capital and the ability to take risks, you can make a shylocking website today and start making some good money from interest rate.

Budget: Ksh1,000,000 – Ksh10,000,000

(3)Venture Capital Broker

There are many upcoming entrepreneurs who would like to be connected with venture capitalists. If you know what that means, then you can make it your business to connect entrepreneurs to venture capital firms on a commission basis. This is good business especially in developing countries.

Budget: Ksh500,000 – Ksh2,000,000

Hope you've enjoyed the brief read. I'll be adding a few more business ideas in finance sector going forward as I discover them. Remember to drop a comment if you enjoyed it.

Compiled By ADMIN on 10:52 Nairobi, Kenya

8 Business Ideas in Kenya's Entertainment & Event Management Industry

Kenya has a booming entertainment and events management sector. Most of the top businesses are doing quite well but this does not make it impossible for upcoming ones to join the market. If you have the passion and drive needed to make it in this industry here are some 8 business ideas to keep in mind.
 
(1)Bouncy castles rentals

There are many kid’s entertainment joints that lack this important facility. If you can afford to buy several bouncy castles and then look for upcoming kids events and market it there then you can make some good business.

Budget: Ksh150,000 – Ksh5,000,000

(2)Disc Jockey Service

Dee Jaying is good business nowadays. All you need to do to excel in this business is go for training and buy (or hire) deejaying equipment. Next, you market yourself to corporate and clubs. Job done!

Budget: Ksh500,000 – Ksh5,000,000

(3)Event and party planning

Do you have a knack for planning parties and events? This could be the right business for you. All you need to do is carry out a bit of research. See what other organizers are doing wrong and capitalize on that to penetrate into the market.

Budget: Ksh200,000 – Ksh1,000,000

A good example of a creative event planning business has to be this destination weddings in Mombasa kind of concept.

(4) Party entertainer

Are you a good artist, musician, puppeteer, comedian or poet? Then all you need to do is to brand yourself and start marketing yourself to party organizers. Many of the successful musicians and artists we talk about nowadays started just like this.

Budget: Ksh0 – Ksh500,000

(5)Events MC or hypeman

Do you have the confidence and ability to bring boring events back to life? Well with your skills, you can start the business of professional emceeing – target corporate events and you’ll never be disappointed.

Budget: Ksh250,000 – Ksh1,000,000

(6)Proposal writing

Are you really good at writing project proposals? You’ll be surprised to learn that many people struggle to find assistance in this area. Why don’t you make it your business and make good money even from your home?

Budget: Ksh0 – Ksh100,000

(7)Organize parties for singles only

As interesting as this idea sounds, so are the opportunities that come with it. A large part of our population is composed of people who are single and ready to mingle. Why don’t you beat other party organizers by organizing such parties in exclusive, private venues?

Budget: Ksh1,000,000 – Ksh5,000,000

(8)Wedding consultant

The number of people opting for serious weddings is on the increase nowadays. If you are good at planning wedding events then this could be the right business for you.

Budget: Ksh500,000 – Ksh10,000,000

As I always tell my audience, business ideas are like sand...they are everywhere but only few people manage to see the jewels in them. It's my hope that you'll benefit from this guide. 

Compiled By ADMIN on 10:50 Nairobi, Kenya

8 Business Ideas in Kenya's Education, Instruction & Training Sector

Training is an important aspect of every day life. People want to learn new things and if you are experienced in one way or another then you can easily set-up a business in Kenya. Here are some 8 business ideas that border in the education, instruction and general training sector.

(1)Offer advice to aspiring entrepreneurs

There are many aspiring businesspersons out there in the world. You can never go wrong by focusing on this crucial niche.

Budget: Ksh500,000 – Ksh10,000,000

(2)Dance trainer

Believe you me, there are many people who would like to dance different types of dances. If you are good at this, you can start dancing classes in your area and charge people a reasonable fee.

Budget: Ksh50,000 – Ksh1,000,000

(3)Driving school

The market for driving school is far from being filled up. Reason being it’s high cost of entry. If you have enough capital and the right attitude, you can make a kill by starting a driving school.

Budget: 5,000,000 – Ksh40,000,000

(4)Editing service

Does the idea of bad grammar drive you crazy? Well, you have a big business waiting for you if only you can start a profession editing company today. You can focus on helping website managers and bloggers correct grammar errors in their sites.

(5)First-Aid Training

Do you have passion for helping people? Do you have skills in first-aid training? Well, all you need to do is to establish your small organization and then start approaching some institutions e.g. schools to market yourself.

Budget: Ksh0 – Ksh150,000

(6)Home tutor

Don’t mistake this for being a small business. You can make good money by providing home schooling for kids and mums. Specifically you can target those studying CPA (Accountancy) at home.

Budget: Ksh50,000 – Ksh100,000

(7)Etiquette training

When young graduates join the corporate world they always have a problem coping with etiquette especially when visiting big hotels. You can make good money by offering etiquette training to such individuals.

Budget: Ksh100,000 – Ksh200,000

(8)Online language instructor

The world is slowly becoming a global village. If you have got good language skills e.g. in Spanish, English, French and Chinese you can start an online language training business.

Budget: Ksh30,000 – Ksh250,000

As you can see, the education, instruction and training sector is a hub of business ideas. If you have plans to becoming an entrepreneur then you need to take this article a bit seriously and keep a few notes. 

Compiled By ADMIN on 10:43 Nairobi, Kenya

4 Small Business Opportunities in Kenya's Computer & Related Services Industry

Since the advent of computers human life has changed in a great way. As more and more people invest in this technology in Kenya there lies several opportunities that any business minded person may want to exploit. Here are 4 business ideas in the computer & related services industry.

(1)Computer cleaning service

Many people nowadays own computers and tablets. But they all face on big problem and that is how to keep these devices clean. You can make the business of cleaning computers your work and earn a decent living from it.

Budget: Ksh50,000 – Ksh100,000

(2)Computer security software

Most organizations grapple with viruses and malware. If you have an affordable source of reliable software that can ensure proper security especially to upcoming companies – you can make good cash in this business.

Budget: Ksh50,000 – Ksh500,000

(3)Computer training camp

This idea would work very well in a rural setting. Many people in those interior parts of the world are willing to learn more about computers. You can make it your business to teach them for a fee.

Budget: Ksh100,000 – Ksh500,000

(4)New computer sales

Market for computers will never get flooded because there are always new models being introduced to the market. As this market continues to boom, you can make some $ if you can import a few units to your country and sell at double the price!

Budget: Ksh500,000 – Ksh2,000,000

As computer technology advances and as demand for faster, more sophisticated device rises you have every reason to start one of the 4 business ideas discussed above. Kindly share your thoughts via the comment box.

Compiled By ADMIN on 10:39 Nairobi, Kenya

7 Business Ideas In Kenya's Children & Related Services Industry

We all love our children and we'd do anything within our means to ensure they get the best there is in life. Now for an entrepreneur, the children and related services industry in Kenya is growing at an alarming rate in line with a growing middle-class. Here are 7 cool ideas that have a promising future.
 
(1)Child Care & Day Care Services

If you love working with kids you can start a child care business or baby day care business in your area. Be careful though, this business requires a great deal of trust in order parents to entrust you with their kids.

Budget: Ksh100,000 – Ksh500,000

(2)Camps for Children

During school holidays, parents are always on the look-out for camps and hiking services to take their kids to. If this sounds like a good business idea in your area, then go ahead and invest in children camp services e.g. by arranging trips to churches and out of town.

Budget: Ksh80,000 – Ksh800,000

(3)Children Personal Safety Courses

This is a unique idea because everyone else seems to be focusing on swimming pools and bouncing castles. You can start the business of teaching kids about basic safety rules of life and make good business out of it.

Budget: Ksh50,000 – Ksh200,000

(4)Educational Toys

Help kids learn better at class and/or home by designing simple toys that are related to school curriculum. Simple idea but pretty easy to implement.

Budget: Ksh20,000 – Ksh100,000

(5)Nanny Placement or Agency Services

Are you able to find a good team of nannies or house-maids that you can refer to families who are looking for good domestic workers? Well, you can start an agency today and as you make a name for yourself you’ll be earning good income.

(6)Help People Find Names for Kids Online

Expectant couples are always looking for unique names to give to their kids. If you can create an online service that enables them to do this then you can make good business out of it.

Budget: Ksh50,000 – Ksh100,000

(7)Puppet Shows

The idea of running puppet shows for kids is quite ideal especially if you have connection to people who organize kids events. All you need to do is learn how to perform puppet shows, create/buy good puppets and there…you’re ready to make money.

Budget: Ksh10,000 – Ksh50,000  

In my opinion, market for children related services is underserved. With a bit of creativity and risk taking any small investor can take on the market and build the next big brand in Kenya. Kindly leave your feedback on this article via the comment box.

Compiled By ADMIN on 10:36 Nairobi, Kenya

9 Creative Business Ideas That Require Small Capital But Have High Returns

(1)Dry Cleaning Services (With Delivery)


Most dry cleaning companies around only do the job of cleaning. Now, what about you introduce a unique dry cleaning service that cleans clothes for people and delivers them to the owners? Think about it.


Budget:Ksh200,000 – Ksh400,000



(2)Locksmith Services


People around are yet to notice this idea - so grab it and start your own locksmith service. A locksmith is an expert at unlocking jammed doors (home, office, cars) etc. Make it a professional business and market it to the right audience and you’ll make good money.


Budget: Ksh500,000 – Ksh800,000



(3)Online Shop


It’s very easy to start and market an online shop. All you need to do is import or create a few products that you can be selling and delivering at a profit to people in urban centers.


Budget:Ksh150,000 – Ksh500,000



(4)Private Investigator


People always have some job for nosy people. People who are ready to go out of their way to investigate things like “cheating spouses”, “bad business partners” etc. This can be done as a business and only few people are doing it right now.


Budget:Ksh150,000 – Ksh1,000,000



(5)Prototype Design


Do you have good artistic and design skills? You can create a consultancy firm for creating engineering designs, artistic drawings and architectural drawings. You can set up shop in one of the many upcoming estates.


Budget: Ksh100,000 – Ksh250,000



(6)CV Writing Services


Do you know the secret to creating powerful CVs? Many people are looking for people like you. Make this your business, love it and it will take you places.


Budget: Ksh 50,000 – Ksh 100,000.



(7)Translation Service


Do you have the special ability to speak multiple languages? There are many foreigners and foreign companies coming up around and you can help them settle in by providing translation services.


Budget:Ksh100,000 – Ksh1,000,000


(8)Utility Auditing Service


Individuals and companies are always looking for a way to save their money by auditing their bills (electricity, water, telephone bills). Probably, you’ll need some experience in auditing in order to start such a business.


Budget: Ksh100,000 – Ksh1,000,000



(9)SEO Consultancy Services


Are you good at improving websites and online business? Or are you good at using social media channels like FACEBOOK and Twitter? There are many companies that are looking for these services. This business has a great future so the earlier you jump onto it, the better.


Budget:Ksh100,000 – Ksh500,000

Compiled By ADMIN on 10:49 Nairobi, Kenya

Cool Business Ideas in Kenya's Business & Corporate Services

The business and corporate services sector in Kenya is booming especially given the influx of start-ups and foreign owned companies. This presents great opportunities for creative minds to tackle a few business ideas. Here are a few simple ones - which I happen to think are pretty coo.

(1)Call Center
Many global companies are in need of outsourcing for customer call services. You can set up a good call center that will serve this need.
Budget: Ksh5,000,000 – Ksh40,000,000

(2)Business Consultancy
Do you have business expertise that you would like to share with upcoming entrepreneurs and SMEs? You can provide these services at a fee and make money.
Budget: Ksh2,000,000 – Ksh10,000,000

(3)Business Plan Service
Thousands of businesses are started every day across the world. But the problem is that many of these entrepreneurs don’t have the expertise to write a winning business plan. If you have the skills for this, then you’re sitting on a potential income earner.
Budget: Ksh150,000 – Ksh1,000,000

(4)Business Presentations
Presentations are the heart and soul of most businesses. However, entrepreneurs hate putting presentations together. You can do it for them for a fee!
Budget: Ksh100,000 – Ksh1,000,000

(5)Career and Personal Coach
People are always looking for a way to make the most of their lives and potential. Do you have the ability to inspire people? Take this idea very seriously and you’ll make it.
Budget: Ksh150,000 – Ksh5,000,000

(6)Commercial Cleaning
This is a huge industry that is extremely demanding. To succeed, you only need to bring together a team of professional cleaners, buy some cleaning materials and then marketing your company.
Budget:Ksh100,000 – Ksh500,000

The business and corporate services in Kenya promises to be the next big frontier for entrepreneurs in Kenya. Have you positioned yourself to reap from this growth? Kindly share your feedback via the comment box below.

Compiled By ADMIN on 10:45 Nairobi, Kenya