Hi guyz…
What business would you start with a budget of 800k.
Idea comes before the money…you are bound to fail.
How did you get the 800k kama hujùi vile kuitumia!
I am thinking of starting a business and I am eligible to a loan of upto 800k.
what if it was an inheritance/terminal dues?
you still are not ready
-huja ID any niche wherever you are
-you are thinking of just starting a business, not narrowed down to a couple
ngoja ukue ready ama utalipia pesa zimeblow
Okay… I have identified 3 so far based on the Population around me… Colleges and universities to be specific. That’s
- delivery business (glovo, uber eats, sendy among others.) thats 3 motorbikes.
2.A gaming lounge (4-55inch Tvs with 1virtual controller) and - Liquor store.
Who can help to evaluate these 3 business ideas.
Start small. If you are a true business oriented person you will grow 50k to 800k. Don’t start with a loan from scratch.
liquor store is a “safer” bet
the others need an in-depth ground work assessment, but you’re the one who’s there, so that’s up to you
Reality fact
Msee, kama hauna idea ya biz yenye unataka, utafail mbaya sana.
Second, get someone close to you mwenye anafanya biz umuulize kwa umakini.
wachana na start up ya loan. Loan inafaa kuongeza stock ama to do something that you know.
A loan to start a business is a bad idea…
No don’t.
Mbona gaming lounge ni mbaya?
You should just explore your mtaa and tell me how old are those gaming lounges, and compare with other businesses. It will serve as a warning. Ukifikisha 3yrs utakuwa umekaribi saidi
mdau with harsh economic times currently, the only business worth investment right now is food/consumption moreso cereals. Tafuta a fast moving cereal. Source them from the farms/cut brokers in between …na ulete mjini…huwezi kosa ksh 100k monthly from that capital
Why don’t you come up with the idea first…you might even realise that you don’t need the whole 800k…or maybe you need more. Don’t put the cart before the horse…Mmmkay?
Buy cryptocurrency. Let it sit in and double up…
Enyewe ni ngumu ikae 3 years shida huwa nini?
Ongea na @captain obvious akuuzie business plan ya PS. Alisema you need 200k and don’t need fancy TVs
Ka utatumia ps3( which are outdated), maybe inawesa make, but ujue target ni watoto wadogo. But when it comes to PS4 sjui xbox, the cost of running that thing is astronomically high. Those things are prone to theft na ukiibiwa ata contoller moja( utabiwa more than 5), izo ni ngiri tano zmekunywa maji. Cost of buying games ni mwenda. And you know all electronics have their life. Izo vitu huanza kuonyesha shida shortly after warranty period imeisha. Very good for a start but ikianza kukuitisha utalia machozi. Maybe ucharge per hour kama town but your chances of making it is razor thin
Using a loan for a start up business is not a very good idea