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50K BUSINESS IDEA.

mswazi

Village Elder
#2
Depends on the kind of returns you are expecting to get from the business. Think of something that is less capital intensive e.g forex, day trading stocks, article writing, e.t.c. These will however require you to first find the right resources (which are free) online and learn the ropes. Once you get the hang of it, you can easily make 1k per day minimum which is roughly 20k per month. Not a bad return on investment if you ask me. And the good thing is that you can do all this in the evening after work.
 

Omunyambi

Village Elder
#6
Kwani ni nduthi mtumba? Nduthi mpya is 70k - 100k

Find a commodity commonly purchased i.e clothing, jewelry, household equipments, etc buy stock and try selling them online. If the biz picks up then set up a shop
There are second hand bikes just like how 90% of vehicles in Kenya are used.
 
#7
There are second hand bikes just like how 90% of vehicles in Kenya are used.
Starting a business with a second hand bike is unwise because you don't know what problems it has.
Difference in margin between a used/new car and a used/new bike is very different. You only need an additional 20k to get a clean new bike....that is a small price to pay.
 
#9
50k is alot of money to start business, open air market for household consumer goods na in demand items kama saa hii ni back to school.
Remember patience msee, hii si get rich quick. Gross profit per item ni sh.10 to sh.20.
 

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