10 Simple Ideas You Can Start A Business With AS Little As KSH.1000 Capital.
You may not have millions of shillings in the bank to start
a business, but that doesn’t mean you don’t have any options. Let me surprise
you. There are so many ideas you can explore with next to nothing and make
serious returns out of them.
All that is required of you is to provide the skills, work
ethic and a bit of marketing. In short, that is what is called “sweat capital”.
In the world of start-ups, “sweat capital” is worth more than monetary capital.
Enough of vague statement. Let’s get practical. Here is a
run-down of 10 business ideas that require very little monetary capital to
set-up. Read through them keenly, take some notes and then go out there and do
some deep digging and you are ready to go.
10. Making Homemade
Strawberry Jam And Selling (Budget: Ksh750)
This is an interesting idea because you can actually start
it with less than the cash you spend when you take your girlfriend for a movie
at iMax. The more creative you are the more income you can generate from it. To
start you will require some strawberries, sugar and lemons.
You will also need a sufuria (pot), mwiko (wooden stick) and
some plastic containers for packaging.
With just a little more perfection, you
can actually secure a KEBS license and start supplying supermarkets. If you can
keep investing more time and creativity into this, there is no reason why you
should not grow it into a sustainable business.
Budget Breakdown
|
Cost
|
Strawberries
|
Ksh250 per kilo
|
Sugar
|
Ksh100 for 500 grams
|
Lemons
|
Ksh100
|
Packaging pouches
|
Ksh200
|
Transport expenses
|
Ksh100
|
TOTAL
|
Ksh750
|
One kilogram of strawberries will give you approximately 6
cans of jam each weighing 250 grams.
You can then sell a 250 gram for Ksh200
making at least Ksh1,200. Note that you can always expand your profit margins
by planting the strawberries yourself.
9. Selling Wall
Papers (Budget: Ksh 1,800)
If making strawberry jam sounds more like a “mboche’s” idea
to you, then you might want to put your in-born interior design knowledge to
good use. Most people live in houses with a dull paint done by their landlords.
A number of them would like to have the exterior looking better – but without
necessarily repainting it.
This is where wall papers come in handy. You simply get
ready-made wall papers either from local wholesalers or by importing from
countries such as china.
Budget Breakdown
|
Cost
|
Wall Paper Roll
|
Ksh1,600 per 10 meters
|
Other expenses
|
Ksh200
|
TOTAL
|
Ksh1,800
|
You can then sell each roll for Ksh 3,500 and include a Ksh 1,000
charge for installation. That translates to more than double profit. The more
aggressive you are, the more sales you can make and the more revenue you can
generate from this.
8. Distributing Black
Coffee (Ksh 6,600)
If you live in towns like Nairobi, I am sure you have come
across some guys who distribute black coffee in matatu termini. Have you ever
stopped to inquire how much they make per day? Well, at it turns out, this
venture is one of those “opportunities dressed rags” kind of things.
For starters you will require a 10 litre capacity flask,
some disposable plastic cups and well…a bit of hard work.
Budget Breakdown
|
Cost
|
Thermos Flask
|
Ksh5,000 for 10 litre thermos
|
Disposable plastic cups
|
Ksh1,000
|
Sugar
|
Ksh400 per Kilo
|
Coffee
|
Ksh200
|
TOTAL
|
Ksh6,600
|
As long as you are willing to give it your best, there is no
reason why you should walk away with less than Ksh 1,000 per day in profits.
How? You might want to ask. Well, a 10 litre coffee thermos contains 65 x 150ml
cups of coffee. Sell each cup at Ksh10 and you will make Ksh650 per flask.
If you can make three trips per day – once in the morning
and twice in the evening – then we can talk about Ksh 650x3 = Ksh 1,950.
Subtract cost of water, sugar and coffee and you realize you can make a cool
Ksh 1,500 per day.
7. Making Jewelry
From Bones (Ksh 1,010)
Carving jewelry out of beef and camel bones. Boiled bones.
You collect discarded bones from restaurants and slaughterhouses. Sounds like a
“chokora’s” job…right? Not until you realize how much potential it has.
Here’s the drill, you acquire waste bones, sharpen them with
a circular blade and then smooth them with a sand paper. You then boil them
using hydrogen peroxide to remove oil. You then apply candle wax to them (in
pattern) and then dye the bones for one hour.
Finally you design the bone into either a necklace beards,
bracelets, rings or even earrings.
Budget Breakdown
|
Cost
|
Bones
|
Free or purchase at small price
|
Hydrogen Peroxide
|
Ksh500
|
Blades and sandpaper
|
Ksh500
|
Candles
|
Ksh10
|
TOTAL
|
Ksh1,010
|
As with any other design business out there, this business
rewards the creative mind. So if you are not ready to sit down for hours coming
up with some nice concepts; don’t risk it. If done right, this has the
potential to make you a force to reckon with in the multi-billion jewelry
industry.
6. Chia Seeds Farming
(Ksh 10,000)
You will be surprised to hear how this little, wonder seed is
causing ripples across the world. In fact, just recently, chia wholesalers in
Europe were sold out. Why? Because the seed has many health benefits ranging
from omega oil to protein supply.
With a fast growing market, you can take advantage of this
opportunity to start a small farm. It grows in moderately warm areas with
well-drained soil e.g. places like Nakuru, Uasin Gishu and Western
Kenya. Best
of all, the crop thrives organically and you need no fertilizer or pesticide to
sustain it.
Budget Breakdown
|
Cost
|
Chia seeds
|
Ksh4,000 for two kilos
|
Farming cost
|
Ksh6,000
|
TOTAL
|
Ksh10,000
|
You only need 2 kilograms of it to establish a quarter acre.
That will in turn give you a harvest of 75 kilograms after just 3 months. With
each Kilogram fetching Ksh 2,000 on the market, it means you can comfortably
raise Ksh 150,000.
5. Car Boot Sales
(Ksh 12,000)
So, you have been fired yet you still have a personal car
loan to finance. Don’t panic. You can convert that car into a business by
making car boot sales.
It’s very simple, you identify a few fast moving goods,
transport them with your car to crowded places or busy streets and sell from
your car’s boot. Some fast moving goods include chicken eggs, used toys (Read
about EX-UK Toys), traditional vegetables and exotic fruits.
The benefit with car boot is that unlike a permanent shop,
this one allows you to move from one place to another. You can also avoid a
bulk of county council costs when operating this way.
Budget Breakdown
|
Cost
|
Products to sale
|
As little as Ksh10,000
|
Fuel and car expenses
|
Ksh1,000
|
Any other
|
Ksh 1,000
|
TOTAL
|
Ksh12,000
|
4. Making Beaded
Sandals And Handbags (Ksh3, 870)
You need beads. A kilogram of beads goes for Ksh370/= at
Kariakor Market in Nairobi. A kilogram is enough to make bead an entire handbag
and a small pouch which you can sell for as much as Ksh 3,000. This represents
a profit of Ksh 2,230.
You will also need to take a few days to learn the art of
beading (around 4 days). Luckily for you, our very own success story, Ms.
Cleopatrah Wanjiku, is always on hand to offer this kind of training. You can
find her on her Facebook Page and plan for a session or two.
Budget Breakdown
|
Cost
|
Beads
|
Ksh370 per kilo
|
Training
|
Ksh3,000 (may vary)
|
Needles & strings
|
Ksh500
|
TOTAL
|
Ksh3,870
|
Being in the creative industry, this business gives you the
freedom to set the price. You can therefore rake in anything from as little as
Ksh 1,000 per day to as much as you want depending on your entrepreneurial
prowess.
3. Making Beads From
Scratch
You don’t just need to settle at the idea of making beaded
sandals and handbags. You can actually make the beads yourself and supply them
other fashion designers. All you need is to acquire some polymer clay (the one
used by urban kids to make mold) which you can use to mold different bead
designs.
Luckily, for you, there are not many Kenyans doing this and
you can therefore take full advantage of the market dynamics. Where do you get
polymer clay in Kenya? Well, it is readily available in supermarkets and
bookshops. Alternatively, you can import it in bulk.
Budget Breakdown
|
Cost
|
Oven-bake clay
|
Ksh100 per bar of clay
|
Clay sculpting tools
|
Ksh1,500
|
Needles & strings
|
Ksh500
|
Polymer clay oven
|
Ksh10,000
|
Labour
|
Ksh200 per labourer per day
|
TOTAL
|
Ksh11,800
|
This is yet another venture that depends on one’s
creativity. Returns may vary from as little as Ksh 1,000 per day to much more
depending on economies of scale.
2. Processing And
Selling Natural Oils
You don’t need a whole factory along Mombasa road to start
producing oils. You simply need to invest in an oil press machine and a few raw
materials like avocado, macadamia, sunflowers and even chia seeds.
Things like avocadoes are readily available in most parts of
the country and you can obtain them at throw-away prices. You dry them up and
then squeeze them using the machine to produce pure, organic oil.
Once you get the oil, you can package it in bottles and
supply to your clients. With the need for quality skin care and demand for 100%
natural oil emerging, you can rival for a sizeable pie of this lucrative
industry right from your living room.
Budget Breakdown
|
Cost
|
Automatic cold press machine
|
Ksh50,000
|
Raw materials
|
Ksh1,000
|
Packaging
|
Ksh5,000
|
TOTAL
|
Ksh56,000
|
4 avocadoes can produce 50ml of pure oil. You can sell this
oil for as much as Ksh100. Yet each avocado would cost you about 5 bob which
comes to a total cost of 20 bob. A small set-up can produce and sell 1 litre of
avocado oil per day – this loosely translates to Ksh 2,000 in sales. The sales
can increase further if you approach supermarkets and cosmetic shops in your
area.
1. Become A Clown
Yes… what the heck! If everything else does not work for you
consider becoming a clown. All you need to do is acquire clown costumes. Then
start approaching party planners – especially kids’ parties – and request to be
hired as a clown or entertainer.
In the west freelance clowns fetch as much as Ksh 10,000
($100) per hour. So why not try it locally and set your price depending on how
popular you become? You can expand this to include services like face painting,
trampolines, puppet shows, animal mascots and so forth.
Budget Breakdown
|
Cost
|
Clown costumes
|
Ksh5,000 (Polyester)
|
TOTAL
|
Ksh5,000
|
Final Word
As you can see, there is no limit as to what business you
can engage in. With money as little as your
relatives give you for pocket
money, you can always start a business. So don’t sit there and complain. Get up
and do something.
(Source: Kuza Biashara Blog)
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