Business ideas @100k

[formeradministrator]

@Trojanex

Thanks. I have considered electrical and electronics shop. A close friend started one recently in the rurals and its doing fairly good. He incorporated an M-Pesa too. I can incorporate the key cutting machine.

I will run myself but might be forced to employ someone else when our job resumes full swing, maybe later this year or early next year. Might increase my capital to 200k if need be.

My challenge now is location. That’s what I’m currently working on.

Hiyo 200k c weka kwa entertainment news blog!

[Trojanex]

@Brayo Msafi

The key Thing is LOCATION, lazma utafte place iko busy and movements , i suggest sio lazma iwe Nyumba ya mawe hata za containers bora iwe busy place

Sure! Location means a lot. Its one of the major things I must do first

[Trojanex]

@administrator

Hiyo 200k c weka kwa entertainment news blog!

Ebu fafanua kiasi. I’m all open minded for advices before commencing

[Thiem]

@Trojanex

Thanks. I have considered electrical and electronics shop. A close friend started one recently in the rurals and its doing fairly

My challenge now is location. That’s what I’m currently working on.

Lol
Mdau pesa ndogo kama hizo never open an establishment…a new establishment needs proper money to stock and attract customers …the first impression matters to the customer…hiyo pesa itaishia expenses utabaki na kiasi

If you want to maximise small capital , venture into supply business where you dont even need a store/rent
Tafuta kitu ikona market, cut off the middlemen and brokers, source from the source and bring it to the market…ksh 100k utapiga round mbili ama tatu to earn you minimum 30k

[Mbuzi34]

@Trojanex

I know much have been discussed on business ideas but I still believe there are fresh ideas.

What do you think could be a good business idea for someone who has never been in that field, to start with a 100k? The 100k may sound small but everything starts with a step.

Open an LLC in america and start trading options using TD Ameritrade. Personally I think it can allow for growth as it requires limited funds but can allow for growth. Preferably use Wyoming as a place to open instead of Delaware as it is easier.
Companies to open include Legalzoom among others.
Nikipata zingine ntakuambia.
Options -

Options Trading for Beginners (The ULTIMATE In-Depth Guide)

Open an LLC in America - https://www.legalzoom.com/

[Hennessy_Naps]

@Brayo Msafi

my point is u can do all business u want to but avoid this one like a plague-: Online trades, akina bit coins and forex, izo zote ni scam…

I depend on forex bro…seems ukilemewa na kitu inakuwa scam…ukilemewa kuamsha mzee abdala pia utasema sex ni scam?

[Trojanex]

@Thiem

Lol
Mdau pesa ndogo kama hizo never open an establishment…a new establishment needs proper money to stock and attract customers …the first impression matters to the customer…hiyo pesa itaishia expenses utabaki na kiasi

If you want to maximise small capital , venture into supply business where you dont even need a store/rent
Tafuta kitu ikona market, cut off the middlemen and brokers, source from the source and bring it to the market…ksh 100k utapiga round mbili ama tatu to earn you minimum 30k

Aaah well, I believe nothing is impossible, including your idea. The problem is which is that supply business? Ni nini hiyo iko na market? How do I supply to the market without a physical store?

[Mbuzi34]

@Mbuzi34

Open an LLC in america and start trading options using TD Ameritrade. Personally I think it can allow for growth as it requires limited funds but can allow for growth. Preferably use Wyoming as a place to open instead of Delaware as it is easier.
Companies to open include Legalzoom among others.
Nikipata zingine ntakuambia.
Options -

https://www.youtube.com/watch?v=7PM4rNDr4oI:1499

Open an LLC in America - https://www.legalzoom.com/

Si binary options zenye tunaonanga Kenya ni Essential Options Trading Guide
Iko offered on us brokers.
Kufungua LLC ni kitu 5 business days hivi.

[Haiwesekani]

@Thecapitaltool

Note if you are going for a formal physical set up a significant part of the money will be consumed in licenses and rent. Also what kind of involvement do you want ? Will you be present or have someone running the business? Some businesses are tricky to run hands-off.

What about key cutting ? Modern key cutting machines make it possible to start the business with relatively low skills. You can acquire one from as low as Kshs.35,000. Most blanks vary between Kshs. 15 and Kshs.30… Need visibility and high foot traffic. Keeping everything constant , the returns are fairly good.

Cops one stop shop…should give new meaning to foot traffic.