Raising Ksh. 2,500,000 in six months is an ambitious goal, but there are several strategies you can consider. Here are some ideas tailored to the context of Kenya: 1. Freelancing and Remote Work 2. Online Business 3. Content Creation 4. Online Courses and Coaching 5. Investments and Trading Learn more about investing here 6. Crowdfunding…
What Business Can I Start With 100K in Mombasa, Kenya? Mombasa, with its vibrant economy and entrepreneurial spirit, offers numerous opportunities for aspiring business owners. If you’re wondering, “What business can I start with Ksh 100,000 in Mombasa?” rest assured that this amount can indeed help you embark on your entrepreneurial journey. Here, we explore…
8 Reasons the Poor Stay Poor and the Middle Class Doesn’t Become Wealthy in Kenya Limited Access to Quality Education In Kenya, access to quality education is often a privilege of the wealthy. Public schools in rural and low-income urban areas frequently suffer from inadequate resources, poorly trained teachers, and overcrowded classrooms. This disparity means…
10 Most Profitable Businesses to Start with 50k in Kenya Have you got 50,000 Kenyan shillings (approximately 400 USD) and an aspiration to create a thriving business in Kenya? With this modest capital, numerous lucrative business opportunities await you. Let’s delve into ten business ideas you can start with 50k in Kenya that promise excellent…
How to Open a Brokerage Account in Kenya: A Step-by-Step Guide Opening a brokerage account is the first step to investing in stocks, bonds, mutual funds, and other financial instruments. This guide will walk you through what a brokerage account is, how it works, and how to open one in Kenya. What is a Brokerage…
What Is a Sole Proprietorship? A sole proprietorship is an unincorporated business owned and operated by a single individual. This type of business structure is the simplest and easiest to establish, making it a popular choice for small businesses, freelancers, individual contractors, and consultants. In a sole proprietorship, there is no legal distinction between the…
Starting a small business in Kenya involves several steps, including idea generation, planning, registration, compliance, and execution. Here’s a detailed guide to help you through the process: here are 10 steps on how to start a small business in Kenya 1. Idea Generation and Market Research 2. Business Plan Development 3. Business Registration 4. Tax…