Ideas
Top 5 Businesses to Start with Sh50k in Kenya in 2022
Different factors today have contributed to people working from home and starting their own businesses. Some of these factors include the ever-growing technology, restriction and containment measures due to the Covid-19 pandemic and job cutbacks which have also been contributed to by the pandemic.
Being your own boss is not a new thought but is one that has gained popularity over the past year and for anyone who has a little fallback money, savings, or money they had initially planned on investing, now is as good a time as any.
We will look at different business ideas which one can invest with a rough sum of Sh50, 000. Below is a list of business ideas that can be beneficial especially for the youth.
- Movie Shop.
A movie shop is an investment that does not require you to invest a large amount of capital. Major fees would be in covering rent for the space leased out, good internet connection, a computer, TV screen and seats to set up a lounging area for your clients. As mentioned earlier this would be a great opportunity to employ a youth when you take into consideration the demographic of clientele that you would most likely find and be dealing with in such a setting. A movie shop is also a great investment plan since the product is always in high demand. A movie shop that receives around 100 customers on a daily basis could make up to Sh150, 000 per month.
- Salon/Barbershop
A salon and/or barbershop is one of the easiest businesses youth can set up in their neighborhoods. All you need is capital for rent and buying necessary equipment such as blow dryers, hair products and tools, barber’s chair, and cleaning products among others.
With only Sh50k, you can set up a salon or barbershop business and with time as your business expands, you can add other services such as manicure and pedicure, make-up services, face scrub, and others.
- Mobile Agent Shop.
Mobile Money Agent shops provide services that are on-demand on a daily basis. Mobile banking and mobile money transactions have been popularized over the years that starting up a mobile agent shop is almost full proof. Considering factors like a setup venue where the demand is high, a mobile agent shop would bring in good extra money.
- Nail Parlor.
You can start up a nail parlor with Sh50, 000. Buying good quality nail polish, a fully stocked pedicure set, good quality gel, a UV gel drier, seats for your clients, and other items that you may require can be affordable with a start-up capital of Sh50, 000.
- Popcorn Machine Stand.
Setting up a popcorn machine is also an ideal business idea with Sh50, 000 for capital. A factor that helps this type of business to thrive is choosing an ideal location for its set-up. For example, close to schools, outside supermarkets or malls, around market areas, and others.
Listed above are some of the few business ideas you could start up with a capital of Sh50, 000 within the country that is promising. As the people’s population keeps on rising and unforeseen factors like the pandemic disrupt the norms and daily routines we have grown accustomed to, we need to adapt to the changes presented to us, and working hard is not always as fruitful as working smart.
