If you are looking to start a business, one of the main things you consider is its profitability. Unless one is it for charity, no one is planning on making losses in business. Launching a business is one thing but staying profitable is another. Below are 8 most profitable businesses in Kenya in 2020:
1. Selling office snacks
Since most people in the corporate world barely have the time to go out looking for snacks, they always buy them from people who have the permission to move round the office, selling snacks such as biscuits, mandazis, bread, juice and even milkshakes. You can make some good money by selling snacks in offices.
In this age and era, image and image quality is everything. Take an example of social media; photos of good quality have more likes and engagement compared to those of poorer quality. People need photos for different purposes; some for business and others to freeze a moment. You can decide to do a range of photography services. It is all up to you. Just offer quality at a realistic price and clients will keep booking for slots.
3. Baking business
People need cakes and confectioneries for different purposes and events such as birthdays, baby showers, graduation, weddings and even anniversaries. Most people have a sweet tooth and will always come for what you have. Do quality work that speaks for itself and you will always have orders coming in.
4. Web Design
With more businesses and brands moving online and trying to create a presence on there, they need a good web designer to bring their vision to life. This means that if you do great web design, more people will keep referring clients to you and you will stay booked.
5. Events planning and marketing
If you know how to go about planning for an event and creating hype around the event, then you can always work with brands, companies and individuals towards making their events a successful.
6. Salon and Barbershop
Hair is someone’s image and no one can ever run away from this. What this means is that people are constantly trying to improve their image through hair. Salons and businesses are always busy no matter how the economy is looking.
7. Cleaning services
The companies that offer house, office and building cleaning services are never out of business because their services are always needed. They offer packages where you can sign up for say, monthly thorough cleaning for your house or business.
8. Courier services
Since most people are currently operating from home thanks to the corona virus pandemic, delivery companies have had to come in to bridge the gap between businesses and consumers. This is currently a very profitable venture.