Starting a business requires capital, knowledge, and skill, and currently, the state of the global economy may deter many from risking time and money on startups. Good ideas are worth the risk, and with little to no capital, there are still ways to start a new business.
Such ideas include partnering up with established enterprises and having a symbiotic relationship or starting a business from home.
There are many advantages to starting a business from home;
- Economizing on expenditures like rent, transport expenses to and from the business, licenses, and miscellaneous expenses that come with renting a business premise.
- Home-based businesses also give you flexibility allowing you to attend online classes, do chores, and take care of children.
Below is a list of ideas for businesses considered easy to start and run from home
Preparing and delivering food
There is a large market for fast food and ready-to-eat in Kenya, and the majority of the market is people who work in the informal sector. This includes construction workers, repairmen, and farm workers. Preparing food like chapatis and stew, smokies, and boiled eggs can earn you money. Some schools also allow vendors to sell students snacks during break time. This business does not require a lot of investment in supplies. Most people already have enough utensils, cutlery, and cookers to start. A touch of marketing, proper regulation of costs, and maintaining hygiene is enough to guarantee success.
Venturing into the Beauty Business
Having skills in hairdressing and beauty is enough to start a hairdressing and beauty business from home. There are several avenues to start earning from this sector. Barbers can offer at-home cuts for men and hairdressers can work from home providing their services. Ladies can also start a YouTube channel with make-up application tips and tutorials. This type of business may require capital to purchase equipment, but I consider this as it saves on rent money. This type of business can utilize social media and SEO tools for marketing which if used correctly can result in profit.
Daycare Services
Today’s economy demands persistence in your work. Parents may not afford to take a lot of time off to care for their toddlers before they reach school going ages. There is a large demand for daycare services. Mothers caring for their toddler(s) and with free time can open up a daycare in their home. Necessities are required to start toys and a play area. People with a background in ECD can also consider starting this business. Capital on this business varies on the number of children you’re willing to start with. Fewer children require little to no capital. The more children, the more capital is needed, and also licenses may apply. A budget of Ksh 20,000 to 100,000 can apply to this business.
Social Media Manager
An online presence is a must-have for any business in 2022. Many businesses are unable to do their regular work and actively operate social media accounts. Individuals who are tech-savvy can manage and market a business on social media and can choose this as a great way to earn money. One can start by drafting and providing proposals to local businesses. This type of job requires very little to no capital. All one needs is a smartphone with a good camera, access to the internet, and in some cases a computer. With a capital of about KSh 25,000, you can start this business from home.
Start a Landscaping Business
Kenya has an increase in estates and gated communities. With urbanization and modern architecture also gaining popularity there is also a demand for landscaping services. Most people living in the estates either lack the time or the expertise to do the landscaping themselves. Trimming hedges, tending to fences, and lawn mowing are all services you can consider starting as a small business from home. Capital needed can be for the equipment needed and marketing. Making flyers, and banners and displaying them near estates can attract clients. The advantage of this business is that most clients will keep you on a retainer. The business can be started with a capital of about Ksh 50,000.
House Cleaning Business
The real estate business in Kenya is booming and is set to follow the same trajectory in 2023. People are buying modern furniture and using modern architecture in interior design. This creates demand for new ways of cleaning and home maintenance. New trends require new solutions. In previous years people did the cleaning themselves but with the need to maintain class people will require professionals who won’t wear and tear their expensive rugs or scratch their marble tiles. This business will require learning new cleaning methods for tiles, rugs, carpets, glass surfaces, kitchens, bathrooms, as well as furniture. Having equipment such as advanced vacuum cleaners and scrapers may be an added advantage in aiding you to get the job. The business may require between KSh 20,000 to KSh 100,000 depending on scale.
Become a Freelance Writer
This is one of the easiest jobs to get into for college graduates. Freelance writing is in many forms. You can be a researcher for academic work, a data analyst, an article writer, a transcriptionist, an SEO writer, or a copywriter. YouTube can come in handy in understanding what is required of you. All one requires is a computer, an internet connection, and an attractive profile that includes your credentials. Platforms like Upwork, Fiverr, and Freelancer post millions of freelance writing jobs weekly. The best platforms do not require any payment for you to register and start earning. The profile must be impeccable as online jobs are very competitive. The monthly budget to start with ranges between KSh 2,500 to KSh 5,500 which pays for the WI-FI and electric bill. The best computer for these jobs includes the MacBook or any portable Windows computer with an Intel Core i5 processor and above, an 8th generation, and a battery capacity lasting more than 5 hours. The average income per month can be from KSh 10,000 to KSh 200,000.
Become a virtual tutor or trainer
The COVID-19 pandemic had the whole world performing routine activities from home. Many realized learning and keeping fit are activities that could continue despite mobility restrictions.
College graduates can apply on online platforms to be tutors for various subjects. Math and sciences pay very well with a per 3-hour session average ranging from $20 -$50. People have also made money teaching others about money management, investment, Bitcoin mining, and trading in the Forex markets. Personal trainers and yoga instructors can also work virtually which can be using videos or Zoom call lessons. This type of business may require purchasing a good camera to start and similar to Freelance writing, a good internet connection, and a good computer. To start one may consider purchasing a phone with a good camera or a professional camera which ranges from KSh 30,000 to KSh 200,000.
Start an Airbnb Business
This business may have restrictions for people who don’t have houses to put on offer but there are many ways to start. With a background in hospitality or a passion for it, you can start researching people who have homes they could rent out as Airbnb. You can also offer your own home if there is space. There is also the option of partnering with companies that offer Airbnb services. Your office will be your home where you do all the booking for your clients. Your Airbnb business can also include providing other amenities such as being a tour guide. You can create connections with tour vehicle providers as well as motels and hotels to give your clients complementary services. This business may require branding and online marketing to start with. Costs incurred to start may include a good website which may cost you KSh 10,000 to KSh 20,000, a logo for about KSh 1,500 to KSh 5,000, and Facebook or Instagram marketing which could cost between KSh 1,000 and 2,000 a week.
Selling Home-made Products
This type of business provides a wide range of business ideas to start. Apps like YouTube and Pinterest can be sources of ideas and offer DIY (Do It Yourself) tutorials. Art-based ideas like making necklaces, wristbands, rings, jewelry, and other ornaments can earn you good money. Ladies can opt for candles, soaps, beauty ointments, and hair products which could sell very well in the Kenyan market. People who are familiar with carpentry and metalwork can make and sell custom furniture online. Birthday, graduation, and wedding cards can also be easily made and sold online. This type of business may require capital starting as little as KSh 10,000 depending on the scale you desire to start with.
The above businesses require little skill to start. Some of the skills needed can be learned online which eliminates the need for educational certificates. Starting these businesses can begin long-term careers for people who desire to have their businesses and have more control over their time. Starting could require sourcing funds from credit facilities. The global economy is stabilizing after the pandemic, and there are many financial institutions offering credit to SMEs and MSMEs.
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