Top 5 Businesses That Will Survive 2019 In Kenya

By Soko Directory Team / December 26, 2018




2019 is just few days away. The year 2018 has not been that friendly to businesses in Kenya and 2019 might not be different either.

400,000 SMEs die annually in Kenya. 80 percent of those SMEs that die annually, do so in their first year of being established.

The SME sector employs 86 percent of Kenyans and contributes more than 45 percent to Kenya’s Gross Domestic Product (GDP).

Here are five businesses you can start and survive through 2019:

Start a butchery

The meat industry is very lucrative in Kenya. People are always eating meat especially in major urban centers. Set up a small and clean butchery and start making some money throughout the year. Don’t forget to have a small nyama choma beside it. You will not regret.

Set up a chemist or a hospital

Allow me to call it the sick Industry. The sick industry in Kenya is a lucrative business. People are always getting sick and people are always looking for medication. By the way, you do not need to be a doctor to start a chemist or a hospital.

Start a fast food joint

There is nothing as consistent and as consistent as hunger. People are ever hungry and when they are, they need food, fast food. Set up one at a strategic location. Make it interesting by doing deliveries in offices and homes.

Sell fruits and vegetables

Some people think this is a “small business”, oh no. Ladies and gentlemen, people are making a living out of this. Sell fresh fruits, fresh juices and vegetables and money will keep on trickling in.

Start doing laundry

This is a sector that is largely underutilized. Many existing laundry joints are expensive and not for everybody. Start yours. Make it affordable. What is more, instead of clients coming to you, why don’t you go to them?

If you are looking to start a business, please consider the above.



About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

View other posts by Soko Directory Team


More Articles From This Author








Other Related Articles










SOKO DIRECTORY & FINANCIAL GUIDE

ARCHIVES

2019
  • January 2019 (146)
  • 2018
  • January 2018 (291)
  • February 2018 (220)
  • March 2018 (279)
  • April 2018 (226)
  • May 2018 (240)
  • June 2018 (178)
  • July 2018 (257)
  • August 2018 (250)
  • September 2018 (256)
  • October 2018 (287)
  • November 2018 (286)
  • December 2018 (187)
  • 2017
  • January 2017 (183)
  • February 2017 (195)
  • March 2017 (207)
  • April 2017 (104)
  • May 2017 (169)
  • June 2017 (206)
  • July 2017 (190)
  • August 2017 (196)
  • September 2017 (186)
  • October 2017 (235)
  • November 2017 (253)
  • December 2017 (266)
  • 2016
  • January 2016 (167)
  • February 2016 (165)
  • March 2016 (190)
  • April 2016 (143)
  • May 2016 (246)
  • June 2016 (183)
  • July 2016 (271)
  • August 2016 (250)
  • September 2016 (234)
  • October 2016 (191)
  • November 2016 (243)
  • December 2016 (153)
  • 2015
  • January 2015 (1)
  • February 2015 (4)
  • March 2015 (166)
  • April 2015 (109)
  • May 2015 (117)
  • June 2015 (121)
  • July 2015 (150)
  • August 2015 (157)
  • September 2015 (189)
  • October 2015 (171)
  • November 2015 (174)
  • December 2015 (208)
  • 2014
  • March 2014 (2)
  • 2013
  • March 2013 (10)
  • June 2013 (1)
  • 2012
  • March 2012 (7)
  • April 2012 (15)
  • May 2012 (1)
  • July 2012 (1)
  • August 2012 (4)
  • October 2012 (2)
  • November 2012 (2)
  • December 2012 (1)
  • 2011
    2010
    2009
    2008
    2007
    2006
    2005
    2004
    2003
    2002
    2001
    2000
    1999
    1998
    1997
    1996
    1995
    1994
    1993
    1992
    1991
    1990
    1989
    1988
    1987
    1986
    1985
    1984
    1983
    1982
    1981
    1980
    1979
    1978
    1977
    1976
    1975
    1974
    1973
    1972
    1971
    1970
    1969
    1968
    1967
    1966
    1965
    1964
    1963
    1962
    1961
    1960
    1959
    1958
    1957
    1956
    1955
    1954
    1953
    1952
    1951
    1950