If you are thinking of starting, but do not know in which product or service to invest your capital, do not miss this note where we present the best business opportunities in Kenya.
Undertaking to business on your own can be a very tempting economic outlet, but to make it attractive as well as profitable, you must identify the most convenient business opportunities.
Know the opinion of experts in economic competitiveness about where are the best opportunities to invest in the country.
The Best Business Opportunities In Kenya
Logistics
Logistics services, product distribution and market studies can be very profitable nowadays, due to the growth that the national market is experiencing.
Taking products to counties, remote towns and mining areas is a great business opportunity because convenience is presented because sometimes it is difficult for the product distributor to reach certain places.
Small services that work in parallel to large commercial
chains
Another opportunity that can be convenient is to invest around the concentration centers of people, such as shopping centers, since the public usually waits between 5 and 20 minutes to perform an operation in those places and, while the consumer waits
You can do small businesses that offer drinks, food and entertainment alternatives
Construction sector
As for this sector, it is quite broad and therefore offers variants where you can invest; being some of them the embellishment of properties (related to the decoration), the maintenance of the same or even the sale of products for the improvement of the places, among other options.
Negotiating imports in the current panorama of the country is very convenient, since the national currency of Kenya is highly appreciated
Technological services
The sale of technology services is an excellent business today, where most people try to compulsively acquire the latest technology, especially if it has to do with mobile phones.
Organic foods
The production of organic foods has increased considerably in recent years, and with a good logistics service to distribute them can be a very good business; like natural fruit juices, which grew by 500%, and vegetarian restaurants.
Although the commercialization of these products is more difficult than that of the mass products, it is much more profitable.
Entrepreneurship
The success of an enterprise requires a support of public and industrial policies at the micro and macroeconomic level, that support education, the to finance business and technology to carry them out, among other aspects.
In Kenya, entrepreneurship arises more than anything out of necessity and not out of opportunity; and it occurs mostly in the services and commerce sectors.
As for entrepreneurship by opportunity, it manages to be more sustainable over time and also generates employment. The majority of these businesses are linked to the productive sector, quality services, innovation and technology.
Real Estate
With the ever rising cost of land, the real estate business is at boom.
One would not think twice before purchasing a land and investing in it, or just wait and speculate.
Teaching Chinese language
With the influx of Chinese nationals in the country, it means that there is need to learn Chinese language.
Chinese would need to speak easily with people who understand them better in their own language
Small government support services
Government systems, would take one long hours just to do as simple task, however, opening a cyber that helps citizens to fill forms of government services would be a great idea to think about
Agribusiness
Kenya has been suffering from the shortage of key products such as maize, tomatoes, onions and potatoes.
A venture into this kind of business would be a huge success.