This archive report was first published on 29 July 2019.
Starting a Business with Minimal Investment ¶
With the rising cost of living, many entrepreneurs are looking for ways to start a business with minimal investment. According to a recent article, starting a business with less than Sh50,000 is a viable option for many entrepreneurs.
On July 29, 2019, the Nation reported on 50 business ideas that can be started with less than Sh50,000. The article highlighted various business opportunities, including food processing, retail, and services.
Some of the business ideas mentioned in the article include:
- Food processing: Starting a small food processing business can be a lucrative venture, especially if you have a passion for cooking.
- Retail: Opening a small retail shop can be a great way to start a business, especially if you have a good understanding of the market.
- Services: Offering services such as cleaning, laundry, or pet-sitting can be a great way to start a business with minimal investment.
These are just a few examples of the many business ideas that can be started with less than Sh50,000. With careful planning and execution, it is possible to turn your business idea into a successful venture.
