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Top 10 Small Businesses in Kenya with High Profit for 2023

Top 10 Small Businesses in Kenya with High Profit for 2023

Last updated on September 30th, 2022 at 06:29 pm

In this guide, you will find the best small business in Kenya with high profits. A profitable small business is one that has the potential to generate a high profit in a short amount of time. There are many criteria for determining if a small business will be profitable or not.

A small business can be started by anyone with an idea, some capital, and the willingness to work hard. The key is to find an audience and target it properly.

In order to make your small business profitable, you need to know who your target audience is and how you can best reach them.

With the growing trends of small businesses, it is important to know what are the best small businesses in Kenya for 2022.

The top 10 best small businesses in Kenya for 2022 are:

1). Auto repair

Auto repair is one of the best small businesses in Kenya with high profits. It is a service that people cannot do without as cars are a necessity in today’s society.

Automotive repair has become an essential part of modern life. People want to take care of their car and make sure it’s running smoothly, but most people don’t know how to fix their car. 

The good news is that this industry has been growing steadily and continues to be profitable for many small businesses.

Auto repair is one of the best small businesses with high profits because it requires little capital investment and employees can work flexible hours.

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2). Car wash services

You can start a car wash business easily and bring in high profits.

Car wash services are a growing industry in Kenya and it’s easy to get into this business. You can start one with just a few thousand shillings, grow your business to millions of shillings in the span of just a few years, and the work is largely passive.

Starting a car wash business in Kenya is not as easy as it sounds. It requires a lot of hard work and determination. But if you have the passion, then you can make it happen.

The first thing you need to do is to set up your business plan. This will help you determine what kind of car wash business will suit your needs and what kind of services you are offering to customers. 

You can also use this plan to determine how much money you will need to start your car wash business and how much money it will take for your business to break even for the first year.

There are many different factors that go into successfully running a car wash business in Kenya, but the most important factor is finding the right location for your business. A good location will make all the difference in how much money you make and how quickly you grow as a company.

3). Vacation rentals

Vacation rentals is another small business in Kenya with high profits. It is often considered to be the next big thing in the travel industry.

Vacation rentals are a popular option for travelers who want to experience local culture and get away from their everyday routine. They can also be a great way to earn extra money while you’re on vacation.

The holiday rental industry has been around for centuries, but the market has seen a significant rise in recent years, especially since Airbnb took off in 2009.

4). Consulting

If you have some skills sort after by brands, why not consider starting a consulting venture? It is another best small business in Kenya with high profits.

Consulting is a service-oriented profession that helps businesses, governments and individuals solve problems. If you have some skills sort after by brands, why not consider starting a consulting business?

As the demand for consultancy services continues to grow, more people are turning to the internet to find work. There are many different ways of finding consulting opportunities online. 

One way is through specialized websites such as Upwork or Freelancer.com which offer freelance opportunities in various fields including IT, marketing, and finance. 

Another way is through networking with other consultants in your area or those with similar skillsets and expertise in your field of interest.

Consulting can be a lucrative career option for those who are skilled in specific areas such as IT or marketing.

5). Social media management

Another small business in Kenya with high profits is social media management agency.

Social media has now become an integral part of the marketing strategy for many companies in Kenya. It is a powerful tool to promote products and services, build a brand, and grow your business.

Social media management is not just about posting on social media platforms. It also includes managing your online reputation, monitoring the competition, and developing strategies to get more customers.

A social media agency provides businesses with professional social media management services that help them grow their business through customer engagement and conversions.

6). Online Influencer Service

If you have a sizable following online, you can start an online influencer service business in Kenya and earn high profits.

Influencer marketing in Kenya has been around for a while now. It is a powerful marketing tool that can help you generate more leads and sales.

Online influencers are people who have a sizable following online. If you have this type of following, you can start an online influencer service business in Kenya. There are different types of online influencers that you can choose from, depending on your unique needs and preferences.

How will you make money?

Well, most social media influencers in Kenya get paid for their work in different ways. Some of them use their social media influence to sell products (merch), while others get paid through sponsored content, brand partnerships, and product placements.

7). Blogging – best small business in Kenya with high profits

Blogging is one of the most popular and profitable small businesses in Kenya. It is a great way to earn money from your passion, and it is also an opportunity to learn how to build a business from scratch.

Bloggers in Kenya can take advantage of their skills in writing, social media marketing, and photography to create content that will make them more money than they ever thought possible.

You can make money blogging in Kenya by monetizing your blog or through affiliate marketing. You can also earn money through YouTube, sponsorships, speaking engagements, and consulting.

If you want to make money blogging in Kenya, you need to have a blog that people want to read. Whether it is a niche blog or not is up to you. You should also be able to find an audience for your content and build relationships with them so they will be more likely to buy from you in the future.

8). YouTube Video Creation

You can create a YouTube channel and turn it into a business in Kenya.

YouTube is a platform that allows people to share videos and get paid for them. 

YouTube Video Creation is all about building an audience and monetizing it through ads or selling products. YouTube creators are getting popular in the internet world with more than 1 billion subscribers on YouTube. 

Most of the creators are making money through the revenue they make from their videos, which can be as high as Kshs 500,000per month on some channels. This makes it one of the best small business in Kenya with high profits.

Publishing videos on YouTube in Kenya has become one of the most popular ways to make money online because it is easy to do, requires little time, and can be done anywhere by anyone.

9). Online Course Sales

Creating and selling online courses is another best small business in Kenya with high profits.

Online course sales have become a popular business model for small and medium-sized businesses. With the increasing popularity of online courses, there is a need for content that can help people learn how to create and sell online courses.

Online course sales are not only profitable, but they are also lucrative in terms of the skills that you can gain from them. Whether you want to learn how to build your own online business or want to supplement your income, online course sales is a good option.

10). Electronics Repair Service

You can start an electronic repair service business by starting with a few simple tools and some spare parts.

A lot of people are now using their smartphones and other gadgets that they use on a daily basis to make them work better. However, these devices also need repairs from time to time. If you want to start your own electronic repair service in Kenya, you will need the following:

  • A few basic tools such as screwdrivers, pliers, and wire cutters
  • Some spare parts such as batteries, chargers, cables
  • A good place for your business

With this kind of business, you can rake in high profits per month and even start selling electronics alongside your services.

11). Trading on Olymp Trade

Another most profitable business you can start is trading on Olymp Trade(read Olymp Trade review here).

Trading on Olymp Trade is a great way to make money online in Kenya. You can start trading with only $10 and make over $3000 in your first month.

Olymp Trade has been a pioneer in the online trading market and has been around since 2014. The company has seen an increase in popularity due to its high-quality services, which are meant to provide traders with everything they need to succeed: advanced technology, quality support, and a reliable platform.

Trading on Olymp Trade in Kenya can be done by anyone who is interested in making money online. 

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Olymp Trade offers you the unique opportunity to make money online fast and easy. With their platform, you can trade in stocks, currency pairs, commodities, and indices.

Plus, they offer a variety of bonuses and promotions that make trading even more profitable.

✅ Trade with $1
✅ Earn up to 90% profits
✅ Easy deposits
✅ Fast withdrawals

3 Steps to Starting a Profitable Business in Kenya

This section provides 3 steps to starting a profitable business in Kenya.

If you are looking to start a small business in Kenya with high profits, follow these steps:

Step 1: Identify your target market and niche.

The importance of understanding your target market when starting a business in Kenya.

The niche is the part of the market that you are trying to reach out to. You should always have a clear picture of who you are targeting and what they want. If you don’t know who your audience is, it will be difficult for you to create content that they will enjoy and get value from.

There are two ways to find out who your target market is:

  • You can use surveys or focus groups
  • You can talk to people in your industry or community

Step 2: Create a product or service that will meet the needs of your target market.

Creating a product that meets the needs of your buyers is necessary to start and grow a profitable business in Kenya. By doing market research, you can figure out what your target customer wants and needs from their product. You can then use this information to create the perfect product for them.

Step 3: Promote your product or service and make it available to the public.

You need to promote your products and services to attract more buyers and make a profit.

Even though you’re making a lot of money, it’s not a good idea to stop marketing your products or services. To attract more buyers and make a profit, you need to keep track of how your marketing campaigns are going and what new strategies you need to use.

How to Grow Your Own Small Business Successfully

To grow a business, small businesses need to make sure that they are able to offer their customers a unique and valuable service that is necessary for the customer.

Every business needs to have a clear identity, a strong marketing strategy in Kenya, and an effective sales team. It can be difficult for a small company to achieve these things on its own.

The key is to build your company’s brand early on so that you can use it as leverage when you need it most.

How to Choose Which Small Business is Right for You

Some small businesses in Kenya are more profitable than others. The best way to find out which one is better for you is to research online. You can start with a search engine such as Google, Bing, or Yahoo and type in “small business reviews.”

You can also ask friends and family for recommendations on which small businesses are reputable. Ask them if they’ve heard of the business before, what their experiences have been like, and if they would recommend the company.

How Much Should You Expect Your First Year of Business to Make?

An entrepreneur’s first year of business can be a tricky one. It can be hard to know what to expect and how much you will make.

To answer this question, let’s take a look at some different scenarios.

If you are starting your own business from scratch, then you should expect to make about $5,000 per month in the first year. If you have a team working for your company, then you should expect to make about $20,000 per month in the first year.

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Kevin Freelancer
About the author

I'm Kevin and I'm excited to share everything I've learned about making money online through blogging and content creation. I'm an affiliate marketer, so I know a thing or two about how to make a profit. Check out my blog for tips, tricks, and tutorials on how to make money online!

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