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New untapped business ideas in Kenya

Have you been looking for a creative and innovative business idea? It can’t be easy to identify
a business idea that is not already crowded. Luckily, we have some great ideas that will surely
be of interest to you. Here are some innovative new business ideas (starting a business ideas)
in Kenya you can launch with either a very small or huge capital. A proper and right business
idea will get you where you want to go. We believe that our innovative business idea article will
help to enhance your knowledge about the best business ideas ever.
Before starting a new business in Kenya, you need to do a detailed analysis of some legal
requirements and the market feasibility and create a detailed business plan. The
entrepreneurship sector of Kenya is an emerging market. It contributes about 75% of the GDP.
Here are some latest business ideas in Kenya.

Small business ideas in Kenya
Small business ideas need low capital but strong business plan. Before investing a huge
amount in a new business, it is better to invest a small amount of capital. The goal should be to
grow it into something big. Low capital business ideas in Kenya are trending now. Here are the
types of Business ideas in Kenya with small capital.

1. Small bakery
An example of a great business idea is opening a bakery. To get your business up and running,
you would require good marketing skills. Use your small savings to start it at a small scale and
reinvest to make it large. You will require raw materials (such as eggs, flour, sugar), baking
equipment (pans, ovens, mixing equipment, cake decorating equipments and measuring
equipment), raw materials (flour, eggs, sugar), consistent recipes, business permits and
licenses.
For business registration and permits, consult a good lawyer. One basic requirement is passion
for baking and great marketing skills goes without saying. This idea is not very new but with
creative and new baking styles, you can definitely secure a great portion of the target market.

2. Fruit vending machine
Nowadays, everyone is going towards the healthy way of living. Across the globe, fruits are a
healthy option. If you invest in a small fruit shop, you will never go wrong. This requires a knife,
labor and blender and fruits. Persistence is the key here.
Find a good location and buy fruits from the cheapest outlets and create business plan. Get a
vending machine, where buyers can purchase their favorite fruits by inserting coins and select
the options available without any hassle. This is one of the good business ideas in Kenya to
start-off with.

3. Mushroom farming
For high returns turn to this. It is one of the best business ideas in Kenya. It is the easiest and
cheapest to start. For those who know how to market their merchandise, the market is easily
available. You will require mushroom farming knowledge, substrate, room and spawn. For
beginners, shiitake and oyster mushroom breeds are recommended. Competition is very low in
this business.

4. Making beaded handbags and sandals
One kilogram beads costs Ksh 370 in Nairobi. For a handbag and sandals, a one kilogram of
beads is enough. Selling cost of those sandals and handbag will range from Ksh 3500 to Ksh
4000. Training cost and costs of other equipment such as needles and string can be about Ksh
3000 and Ksh 600 respectively. This is one of the unique business ideas in Kenya which you
can definitely opt for.

Read more at https://www.bestinbizawards.com/submitted-content-new-untapped-business-ideas-kenya/

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