This article will look at Booming Businesses in Kenya that you can start right now!
A Booming business is growing fast and will bring you a lot of money in a short amount of time.
So let’s begin
List of Booming Businesses in Kenya
Here is a list of the booming businesses in Kenya you can venture into and get good returns:
1. Online Businesses
Recently the internet has grown by leaps and bounds. Many people are now getting hooked on the internet because of its many benefits. Businesses have also somehow used the internet for their benefit too.
People are now buying products online instead of going out to retail outlets or supermarkets. I can attribute this to convenience, time-saving, and cost.
It is now easy to start your own online business. All you need is a computer with an internet connection (DSL or Broadband).
Some businesses you can start online include:
- Ecommerce business
- Social media marketing
- Market Research
2. Wines and Spirits Business
For some time now, the wine and spirits business has been booming. This is because Kenyans like to drink and have good times.
You can start this business by buying existing wine brands you will rebrand and sell in the market.
Others include opening your bar to sell different types of wines, beers, and spirits.
3. Farming (Commercial-scale)
Another lucrative business is commercial farming. Apart from the fact that you will make a lot of money, you will also employ many people and bring food security to Kenya and Africa at large.
Because of our climate, land prices are still very low for now. This means that it is the best time to buy land for commercial farming before they appreciate it at a price.
There are many types of commercial farming that you can venture into, which include:
- Coffee Farming
- Tea Farming
- Sugarcane Farming
- Horticulture Farm
- Animal Farming (Poultry, Dairy)
4. Import Business
The import business has been growing by leaps and bounds because of the opportunities it brings.
Kenyans like all kinds of products from other countries. So if you import these products, your business will grow, and you will employ many people to package the products and transport them to the market.
Some things you can import include:
- Plastic household goods
- Kitchen appliances
- Mobile Phones And accessories
- Textiles, shoes, and clothing.
5. Online Taxi Business
Many people are now using taxis to get from point A to point B.
Because of this, the online taxi business has been thriving lately. All you need is a vehicle and an internet connection or smartphone.
Some apps you can venture into include Uber, Bolt, Little Cab, etc.
6. Health and Fitness Business
As much as we all want to be healthy, it does not always happen because of our busy lifestyles.
This makes health and fitness a booming business in Kenya, which has seen many gyms opening up everywhere.
Many people are now engaging in different activities to help them stay fit, so you can easily venture into this business if you are an expert in any fitness field.
7. Events Management Business
Events management is another booming business in Kenya, mainly because of the weddings and conferences that occur now and then.
As an events management company, you will help people plan their events (weddings, birthdays, conferences) by providing them with the right services, such as
- Managing and organizing events (weddings, conferences) for their clients.
- Catering for different occasions like birthdays, weddings, etc.
- Providing tents and other necessary accessories needed during the event.
8. Small Scale Manufacturing
The Kenyan manufacturing industry is growing at a very high pace.
This makes manufacturing a lucrative business venture, especially if you want to start small and scale up as your company grows.
Some products that you can manufacture and sell include:
- Clothing (T-shirts, Jeans, Suits)
- Accessories (Handbags, Belts)
- Kitchen Utensils
- Footwear (Shoes, Slippers)
9. Car Hire Business
People are now investing in cars more than before. It has become a status symbol, especially among the middle class.
Because of this, the car hire business is one of the most lucrative businesses you can venture into, not just in Kenya but across the world.
All you need is a car and an internet connection or smartphone to offer your services to people who need them.
10. Pet grooming Business
As much as we love our pets, few of us are skilled at pet grooming, making it another lucrative business venture.
You can start this business with just a few thousand shillings if you are good with animals.
You can easily shave dogs, clip their nails, clean them, among other things that usually pets need.
As much as each of these businesses has its unique opportunity, find the one that suits your skills and passion so that you do not work in a business that will not give you satisfaction.
As an entrepreneur, it is also essential to have a good team around you to make your work easy and enjoyable.
This team should include trusted advisors committed to seeing your business grow.
Depending on their skills, they could provide accounting, legal advice, or even marketing, among others.
Your team should be very goal-oriented and ready to step in when needed.
They should also know their respective fields so that you are successful.