By Lilian Wamaitha, 1. Selling mitumba or second hand clothes This is among the business ideas in Kenya that most Kenyans fear venturing into. However, second hand clothes business is booming and if you are looking for a business to start, this would be the best place to. The good news is that you don’t require a lot of capital to go into the mitumba business. With as little as 1,000 you can start selling mitumba clothes. All you need […]
By Marian Banker, Having a partner presents a complex mix of interpersonal and business issues, and both need to be addressed for it to work. Here are the steps to take when considering and choosing a business partner. Having a partner presents a complex mix of interpersonal and business issues, and both need to be addressed for it to work. If your primary interest is having someone to brainstorm with and to help your business move forward, there may be other […]
Century Microfinance Bank Limited seeks to fill the position of Relationship officer. Reporting to: The Business Development Manager Station: Kitengela Branch JOB PURPOSE STATEMENT Job Summary: Working closely with the Business Development Manager the job holder will ensure implementation of sales & business growth strategies and at the same time ensure quality of the loans portfolio. He/she will identify business growth opportunities, acquire clients in area of jurisdiction, provide support first through Century Business Account opening, manage daily utilization towards future […]
Agribusiness is the backbone of Kenya’s economy. Many Kenyans are taking on agribusiness and applying modern technology to make it more efficient and profitable. Below are the top ten profitable agribusiness ideas: 1. Dairy Farming Milk is an important requirement in many Kenyan kitchens especially in making tea. Most Kenyan families prefer tea with milk in it to black tea. The current price of milk goes for Ksh. 35 a packet in milk processing plants and Ksh. 60 a packet at the […]
By Susan Mukami, Sometimes despite making and trying to follow a budget, money somehow disappears. A look at the calendar usually indicates that it is not even mid-month. It may not be that you’re not budgeting wisely, it might just be the fact that you’re spending too much money on unnecessary things. Here are some tips that can help you save a few coins as they say “ haba na haba hujaza kibaba”. Be more organized Being disorganized can lead […]
By Wilson Okello, Home-Based Business Ideas Private caterer This is among the business ideas you can readily start. You only require your kitchen as a place of your working then have some experience and knowledge of some food recipe that is healthy and unique to cook. Business Ideas of Private caterer Start with your friends as you first network then, later move to your church. Showing new skills on how to cook some African delicacies and even other meals. You […]
By Bala Parthasarathy, Beyond the usual “Listen to your customers,” or “Hire people smarter than you,” type of advice, here are three New Year’s resolutions I feel every entrepreneur should make, along with three concrete steps for acting on each of them. As an entrepreneur-turned-investor-turned-entrepreneur again, I’ve made these resolutions to myself. 1. Keep your head in the clouds, feet on the ground Why? Some startups fail due to the founders getting caught up in the day-to-day firefighting and missing the big changes in the […]
The start of the year is a great time to gear up to start a business. But, of course, you first need to figure out a winning concept. “You have to come up with a lot of ideas to be successful,” says Stephen Key, cofounder of the website inventright.com based in Glenbrook, Nev., and author of One Simple Idea for Startups and Entrepreneurs: Live Your Dreams and Create Your Own Profitable Company, (McGraw-Hill, 2012). Key, who has licensed more than 20 products in the […]
1. Design and sell Christmas cards When Christmas is near, people buy and exchange Christmas greeting cards with their friends, relatives, and customers. This explains the reason why the demand for Christmas cards start booming wildly anytime from December 1st. If you are a creative artist, you can design beautiful greeting cards and put them up for sale. You can design them either by hand or with a computer. Either ways, there’s a lot of money to be made. If […]
Once your business is established and running well, you may be inclined to let things continue to run as they are. However, it’s actually time to plan again. After the crucial early stages, you should regularly review your progress, identify how you can make the most of the market position you’ve established and decide where to take your business next. You will need to revisit and update your business plan with your new strategy in mind and make sure you […]