Profitable Businesses to Start in Kenya to Make KES. 2,000 Daily in 2021

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

How much do you love the idea of starting your small profitable business in Kenya in 2021? A business that can make you 50,000 shillings monthly or KES 2,000 daily & you still get to work on your own terms, schedule & in-most cases; with no starting capital?

Have you considered how many such options you have – to either improve your personal finances; enhance your savings plan or even jump to financial freedom?

Well, in this post we will discuss some profitable small businesses in Kenya that you can start for profits, as a side hustle, or as a fallback for when you retire or stop working.

Most of these small businesses are profitable, require little or no capital to start-and-can be done from any part of the country.

Are you ready?

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

Here goes;

Best Business to Start in Kenya 2019.

Did you know that the most profitable business in Kenya that most people started in 2018  were;

  1. Bakery stores.
  2. Fruit vending.
  3. Brick Making.
  4. Professional cleaning services.
  5. Farming.

among other untapped small businesses.

Just so you know, so many people made a killing in the informal sector running a profitable business or two in 2019.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

2021 yet brings other smaller yet scalable-and-profitable business ideas to pick and start as soon as on January 1st, 2021.

1. Start Selling Shoes-and-Handbags. 

Just to be on the same page, this is a profitable business that I have done for almost three years now. And in all honesty, it pays.

To bring you to speed on my involvement, I started selling shoes when I lost my first job as a sales manager at company X. You don’t find so many people switching off from employment and sticking to business after getting addicted to salaries, but I did.

I started my first shoe store in Kisumu – in  Fontanella Market Shop number 3 A  – With the name Jakes Footwear on Facebook – Now Kisumu City Business Club.

Like all startups, there were no sales at inception. I felt frustrated to the point of giving up after operating for about 2 months.

Then a miracle happened.

Or maybe, I was overworking. Jake’s Footwear started getting hits and orders. I guess it’s because of our new sales strategy that put vigorous Facebook marketing in the middle of all our online campaigns.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

In 2017 we made KES. 1.8 M in sales.

It is hard to believe that we (my wife-and-I) started the business for less than Ksh. 20,000 Here are our sample products as seen on our Facebook page in 2015: –

Profitable business ideas in Kenya

If you intend to get into the shoes and bag sales business in Kenya; get it from me – it is profitable. Start writing your business plan today.

2. Trade With The Olymp Trade Trading Platform on Your Phone.

If I’m neither running errands nor writing on this blog or others, I’m trading Options with Olymp Trade. Do you know what trading is?

it is the action of buying or selling goods-and-services as put by google dictionary.

Profitable businesses in Kenya

Except, if you are trading on the financial markets what you will be buying-and-selling is not referred to as a good or service but as an asset.

Olymp Trade has two assets that you can choose to trade on with Options. Namely:- Currency pairs-and-Commodities.

From my experience, trading options is the easiest way to make money online because: –

  1. There are ready training materials to start you off – Read – Olymp Trade for beginners  to learn the basics of trading and how to execute your first trade.
  2. The investment amount is tiny. It is $1 at Olymp Trade and you will walk away with 92% in profits if your forecast is correct.
  3. The deposit amount is tiny. Only $10 if you want to trade with real money.
  4. When you open a new account you get $10,000 training units. You can use these demo units to sharpen your trading skills for when you want to trade with real money.
  5. You can trade from anywhere within the country.
  6. It’s a fun and convenient way to make money online.

If you want to start trading in 2020, use this form to create an account.

Note that if we trade together you can make a minimum of KES. 2,000 daily and we will trade for under 45 minutes daily.

3. Affiliate Marketing in Kenya.

profitable business ventures in kenya - Affiliate Marketing

Affiliate marketing is another popular and profitable business that so many people did in Kenya in 2018. If you want to start a business in Kenya at zero capital then I’d gladly point you to the affiliate direction.

As an affiliate marketer, you only need to have friends on WhatsApp, Twitter, Facebook, Instagram (any social network) name it, and to be willing to introduce new products to these people for payment. When they buy.

Great companies like Jumia and Kilimall already pay millions to affiliate marketers in Kenya and in other African countries. Myself included.

If you missed it, here’s how I make money promoting affiliate products on Facebook Groups.  Interestingly, it pays more than you will ever earn on your best salary job.

Here are a few affiliate companies to open accounts with to start making money online.

  1. Kingfin Affiliate (If you want to promote Forex Products).
  2. Kilimall Affiliate (For all the great products which you’d wish to sell on Facebook).

Remember, with affiliate marketing, you will earn even when you are sleeping. Provided people buy products through your links.

To turn this profitable business venture into a full-time job, create a WordPress website for free to promote products on your website too.

4. Start A Hardware Store.

profitable business in kenya - Start a hardware store

Do you know how to start a hardware store business in Kenya?

Never mind, here’s what you need to know: –

Owning hardware is a sign of success. In fact, if you are a rich man in Kiambu, chances are you own a pick-up vehicle, own a coffee plantation but most importantly; have a hardware somewhere in town.

So, what goes into starting a hardware store?

Is it the business startup overheads or the inventory or both? I recently asked a friend who works for Jubilee Jumbo Hardware – the biggest hardware supply store in Western Kenya. And this is what he said, “Both”.

To save you the trouble of research, my friend also said that KES. 20,000 was enough for the startup. You will get most of the materials on consignment deals – if your business is registered.

However, you’ll need a great location within your estate or town to meet your daily targets of Ksh. 10,000 a day in profits.

  • Best Businesses to Start in Kenya -Join The Motorbike Transport Business.

Boda Boda Business

Also, Read – BODA BODA BUSINESS | HOW TO EARN KSH. 100,000 DAILY WITHOUT WORKING

Boda Boda or motorcycle transport business is another profitable business to start in Kenya and earn handsomely. If you ride your bike yourself there is the certainty that you will make 1,500 shillings daily in passive income.

However, you can give it out to Boda Boda riders within your town-and-make KES 500 daily. Your choice.

Second-hand bikes go for as low as KES 30,000 on OLX.

Request a Business Plan on How to Start a Bodaboda Business in Nairobi – Kenya

5. Best Businesses to Start in Kenya – Start a Fast Food Business in Kenya.

Starting a fast food business in Kenya needs very little money. As a matter of fact, 1,000 shillings is always enough -and- if you sell everything that you’ve made for the day, you can end up with at least Ksh. 600 in profits.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

And remember, making great food is key to customer retention.

As proof of concept, read the story of Winnie Angaya – a 28 year old who started her food business in Kenya With Ksh. 1,000 Only -and- she now earns KES 100,000 plus monthly.

6. Best Businesses to Start in Kenya – Start a Tents For Hire Or Tents For Sale Business. 

profitable businesses to start in Kenya

By now you must be asking how many businesses I have or operate. The answer is, I run anything I can get my hands on. Tents for hire -and- tents for sale is just one of them.

But how much do I make monthly -and- what was my initial investment?

At the moment I have 4 double pyramid tents. Like what you see in the picture. A single pyramid tent -and- a gazebo tent.

It cost me KES 450,000 to start up the business in May 2018. That’s because the cost of making a double pyramid tent is KES 80,000, KES. 55,000 for single pyramid tents -and- 35,000 for gazebo tents.

The rest of the cash went into paying rent for our place in Kisumu – along Nairobi road – Nyamasaria- Opposite KAG Church.

Mostly, all the tents go out for hire at least 4 times a week bringing in KES. 52,000 weekly.

If you are interested in this business Venture, contact me on 0708655398. And we will not only make for you quality tents for the best price but guide you through doing the business.

7. Buy Wholesale Clothes in Eastleigh Nairobi-and-Sell at Retail.

Start a business for second hand clothes

If starting a cloth business in Kenya in 2019 is what interests you then you may want to know that the best place to get your supply is Eastleigh.

However, you may also want to explore other supply stores in OTC Nairobi, Kamkunji, Gikomba, The stage Market among other places known for cloth supplies in Kenya.

An interesting insight about this business is that it leaves larger margins of profits making it OK to sell at least 3 pieces to earn KES. 2000 daily.

You can use Facebook to promote your products if you don’t already have a physical store. Plus, it saves on startup cost.

8. Join Rideshare If You Have a Car.

In case you have a car, use it for rideshare and earn money driving.

Join Uber, Taxify, Mondo; name it and make money while at it. If you don’t like the rideshare terms, advertise your car for hire services on PigiaMe or your social networks and wait for clients to call. I doubt you won’t make KES. 50,000 monthly if you are persistent.

9. Start Poultry Farming in Kenya.

Chicken farming - profitable business to start in Kenya

What’s the cost of starting poultry farming in Kenya?

If you have a capital of KES. 20,000 and you would like to start a reliable business with guaranteed profits then poultry farming should be at the top of your list.

Decide to either go poultry farming in Kenya Kienyeji or exotic. But if you ask me I’ll say, go Kienyeji and start small. Each chick goes for KES. 100.

You can either buy from KALRO or Kenchick.

Spend the other KES. 10,000 for feeds-and-medication.

Kienyeji chicks have 99% chances of survival. If they do survive to maturity-and-you sell them in 4 months you will be left with KES. 30,000 profits

An alternative is to keep them for their products. You’ll, however, need a larger population to get more profits.

Bonus List – Profitable Business Ideas in Kenya in 2019.
  1. Start a Barbershop or a salon.
  2. Run a Car-wash in your neighborhood.
  3. Start a Grocery Store (Grocery stores are the most profitable small businesses in Kenya ).
  4. Become an Academic writer (No Capital needed to start).

It is now your time to add to the list.

Comment with a profitable business that you feel I should include in the List -and- I will update it ASAP.

Frequently asked business ideas questions.

1. What are the best ideas for business in 2021?

There are thousands of small businesses that anyone can start in 2021 but by far the best small business ideas for 2021 would be: –

  1. Business ideas that you can start online.
  2. Business ideas that you can do both online and offline.
  3. And/or business ideas that you can start at home.

Those business ideas include: –

  1. Being a consultant.
  2. Starting an online reseller business
  3. Teaching Engish as a Foreign language
  4. Becoming an online bookkeeper
  5. App development
  6. Transcription services
  7. Freelance copywriting jobs
  8. Online translation services
  9. Digital marketing
  10. Social media management
  11. Graphics design
  12. Dropshipping

The list is endless.

2. What are the best side business ideas?

Starting a business should not only be an idea for the unemployed. If you are employed, you can still start a side business in 2021 and earn extra income alongside your salary.

Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.

If that’s what you seek, consider these small business ideas for 2021.

  • Consider becoming a public speaker when you are not working on your full-time job.
  • Become a tutor to earn money alongside your day job.
  • Drive for Uber or Lyft and make money while you’re off your normal routine.
  • Become a delivery driver.
  • Create a website and sell professional services online.
  • Start investing in real estate.
  • Rent Your RV.
  • Sell your creativity.
  • Take freelance writing jobs at night
  • Take editing and proofreading jobs

3. Which business ideas are good to start near a university?

There is no doubt that there is a lot of foot traffic in and around universities. And those who know this have been able to start successful businesses around these areas and thrived.

If you are new to business and are wondering which new business to start around the university near you, here’s the ultimate list to borrow from:

  • Consider setting up a customized T-shirt printing business.
  • Go for selfie printing businesses.
  • Start an App-based laundry service.
  • Consider starting a dorm room cleaning business.
  • Setup a Fast Food Corner in your town university.
  • Tea/Coffee Shop.
  • Fitness Center.
  • Start a hair and beauty salon
  • Start a gambling shop
  • Set up a tailoring business
  • Consider going into events management.

4. Top 10 business ideas to make money fast.

For risk-averse individuals who are also looking to start making money immediately after setting up for business, you can consider either of the business ideas on this list: –

  1. Start driving Uber or Lyft
  2. Become a market research participant to earn each time to complete a research task.
  3. Sell or resell used tech on websites such as craigslist.
  4. Make money flipping websites
  5. Make money flipping real estate contracts
  6. Get paid answering questions of JustAnswer.
  7. Sell your photos on photo stock sites.
  8. Tutor students
  9. Participate in medical studies

5. Profitable business ideas that can be done from home.

If you wish to start a business at home and still manage to make Ksh. 2,000 daily, then you might want to consider these business ideas: –

  1. Become a freelance writer and find jobs on sites such as fiver, freelancer, guru…
  2. Social media specialist
  3. Graphic design
  4. Consider home tutoring
  5. Take on web design jobs
  6. Become a makeup consultant
  7. Start your podcast from home
  8. Airbnb hosting
  9. Become a virtual assistant
  10. Bookkeeping

What to look for while starting a new business in 2021.

  1. Look for small business ideas that you can do online.
  2. Look for small business ideas you can start from home.

How to start a small profitable business in 2021.

  1. Find your small business idea
  2. Start small and be open to growth.
  3. Decide on a good software for your business.
  4. Create a business plan
  5. Register your business
  6. Create a bank account for your business
  7. Test if your business works well from home.
  8. Go physical
  9. Make money.

a. Identify your small business idea. 

There are thousands of small business ideas online. Some, cheap and easy to start, others expensive but highly profitable.

You just need to identify what you can do, have knowledge for, and highly passionate about.

After you have identified your preferred business idea, move t the next step.

b. Start small and be open to growth.

If it is possible, start your small business as a side hustle. Of course, keeping your full-time job and working on your business part-time.

Going this route allows you to test and backtest your idea.

It gives you enough time to understand if your business idea is viable.

If it ain’t viable, this is the time to bounce off. If it is viable be flexible enough to offer it more time and resources for growth.

c. Decide on a good software for your business.

Has your business grown past a side hustle status?

It’s now time to make it more efficient for faster growth.

This is when you start sourcing softwares to help with important tasks such as – analytics, project management, accounting, bookkeeping, email marketing, and other basic day-to-day tasks.

Going for these softwares ensures your business is ready for growth.

d. Create a business plan

You don’t want to shift your business from being a side hustle to a fully operational business without a business plan.

Once you have proven your business idea and found out if it’s viable, it is now time to draw up your business plan.

If you are new to this, your business plan should include the following: –

  • An executive summary
  • Business model.
  • Market condition.
  • Products and services.
  • Operations and management.
  • Marketing and sales strategy.
  • Financial plan.
  • Appendix.

e. Register your business 

In 2021 you don’t want to do business without making it legal.

Once you have decided to do business in whichever country you are in, go ahead and register it.

In Kenya, you can register any business structure you want on ecitizen.go.ke.

f. Create a bank account for your business.

Once you have registered your business on eCitizen, download your business certificate and use it to open a bank account.

The bank may also need a PIN certificate.

If you recently just registered your business, chances are that the registrar of companies also automatically registered your business for a PIN certificate.

Login to the KRA portal to download your company’s KRA pin.

Why is it important to create a business account?

  1. Keeping your personal and business finances separate makes bookkeeping and tax preparation easier.
  2. Having a business bank account also helps separate your personal from your business finances thus shows you your business’s cash flow and financial health.

g. Test if your business works well from home. 

Find out if your business works well from home.

Is it an online-based business? Well, that could work.

Is it a hardware business? You will need to find a bigger place for the stock.

h. Go physical 

If you started as a home-based business and your business has scaled, it may now be time to go physical.

Find a nice location for your business.

i. Make money. 

If you have done everything checking our list of how to start a small business in 2021, now it is time to make money.

Be your own boss.

Related Posts


Small Business Ideas

15 Great Small Business Ideas to Start in 2021

How would you like to start a small business in 2021? In today’s post, we share 15 great small business ideas to start in 2021 to start making profits. Some word of advice though,  Not ....

41 Small Business Ideas for Beginners in 2021

Which small business ideas would you recommend for beginners in 2021? I recently got this question from a reader of this blog. And I thought, why not write a whole post around it and give ....

Farming businesses

15 Agricultural Businesses To Start In 2021

As they say, farming is the backbone of an economy. Thinking about it makes more sense and gets you thinking maybe the farmer is under-appreciated. Or are they? I mean, every day we see local ....

How to Start a Landscaping and Lawn Care Business.

How to Start a Landscaping and Lawn Care Business.

Basic trimming, mowing, and landscape design is a whole business to venture into. As more and more people continue to build homes, real estates, and commercial buildings, the demand for landscaping and lawn care rises. ....

Top 50 Online Shopping Sites in India.

Top 50 Online Shopping Sites in India.

You must have found yourself ordering a thing or two from an online store and they delivered to your preferred address, right? Now that is the new fashion of doing business. India has got a ....

Snacks business in Kenya

How to Start a Profitable Snacks Business in Kenya.

Eating is inevitable, especially snaking, Kenyans really love that. Talk of samosas, mandazis, boiled eggs, smokies, soft chapatis, and some cakes and you have all the attention of Kenyans. On the streets, in public places, ....

Fish farming business in Kenya

How to Start Your Fish Farming Business in Kenya

Talk of fish and you have the attention of almost every Kenyan. Fish consumption has become a lifestyle for almost everyone in the country.  Need I mention that it is a very delicious meal especially ....

Small business ideas in Narok town, Kenya

Small Business Ideas in Narok Town | 19 of Them!

Would you like to start a small business in Kenya but don’t know where to start? Have you considered setting up your business in a fast-growing town like Narok? Narok Town, also known as the ....

19 Best Small Business Ideas to Pursue In Kisumu

Kisumu is the third largest city in Kenya, and like Nairobi and Mombasa, it has thousands of small business ideas that have been tried, tested and are just as profitable as Kenya Power and Safaricom ....

Food Blogs on Instagram

Top 5 Instagram Businesses to Start in 2020

Instagram is an amazing photo and video sharing app that we use to connect to friends and family online. Interestingly, Instagram is as much a great place to start your small business as it is ....

How to Start a Bottled Water Business in Kenya

Retailing bottled water is among the most low-capital businesses that one can start in Kenya. There is so much flexibility in how to set up your bottled water business that makes it easy for entrepreneurs ....

How to Start a Mitumba Retail Business in Kenya

What Are Mitumba Clothes? Mitumba generally refers to clothes that get into the country as donations. They are not always secondhand clothes. Some are actually new clothes purchased for donations while some are surplus stock ....

Gas cylinder business in Kenya

How to start a LPG (Gas) Retail Business in Kenya.

In 2018, the World Bank concluded after a study done in Kenya that about 84 percent of Kenyans use solid fuels such as wood, charcoal, and agricultural residue. 2 percent of the population was estimated ....

How to Start a Car Hire Business in Kenya Without a Car

Capital is no longer a deterrent to young, aggressive entrepreneurs who genuinely want to start small businesses in Kenya. Perhaps because all genuine investors are willing to fund any viable businesses without hesitation. Or because ....

Read More
 
Visit Website.
New to Olymp Trade?
Important!
Review
REGISTER
1 Best Brokers in 2019
  • Register on the platform
  • Complete the interactive tutorial
  • Choose one of the strategies
  • Practice using a demo account
  • Make a deposit and become an expert
Earn real money with your phone.
If you participated in the Joon Online February Contest and your Olymp Trade Trading ID is-

1. 65088443 (from the United Arab Emirates) you are the winner of our brand new PS5

2. 71239571 (from Mexico) - you are the first runners up and you win $500
3. 42372579 (from India) - you win $100
4. 70050992 (from Benin) - you win $100
5. 66245309 (from the United Arab Emirates) - you win $100
6. 65522959 (from India) - you win $100
7. 71249170 (from Colombia) - you win $100

contact us via email - info@joon.co.ke to collect your prizes


Don't have an Olymp Trade Account? Register Here.


Tagged With :

18 Responses to “Profitable Businesses to Start in Kenya to Make KES. 2,000 Daily in 2021”

  1. Nice read. What most people don’t realize about business is that getting started is the biggest hurdle. But you gain a footing after persistence and perseverance, everything starts to fall into place – no matter how slowly.

    By the way, if looking for ways to finance your startup, head over to smeboost.co.ke to find ways in which to gain lift.

  2. Good stuff…thanks for sharing. Maybe in future, you can have some business plans for the businesses even if at a cost. It would give a clear picture of costs expected.

Comment on this post