2 SIMPLE BUT MONEY-MAKING IDEAS TO START WITH LITTLE CAPITAL

If you are unemployed, have been tarmacking, or are struggling to make ends meet, this post is for you.

You may not have millions of shillings in the bank to start a business, but this does not mean you are without possibilities.

Allow me to surprise you. There are numerous concepts that can be pursued for little or no cost and yield significant profits.

All you need to do is give the expertise, work attitude, and a little marketing.

In a nutshell, this is referred to as “sweat capital”.

In the world of startups, “sweat capital” is more valuable than monetary capital.

Enough of imprecise statements. Let us get practical. Here are two business ideas that need minimal money to get started but can pay off handsomely.

1.Distributing black coffee

images 8 e1704837475907 — A take-away black coffee

If you reside in a city like Nairobi, you’ve probably come across some individuals who sell black coffee at matatu termini.

Have you ever thought to ask how much they earn per day?

As it turns out, this initiative is one of those “opportunities that come dressed in rags” types of things.

To begin, you’ll need a 10 litre flask, disposable plastic cups, and a little effort.

Thermos Flask – Ksh. 5,000 for a 10-litre thermos

Disposable plastic cups cost Ksh. 1,000.

Sugar costs Ksh.400.

Coffee costs Ksh.200.

TOTAL – Ksh 6,600

As long as you are prepared to give it your best, there is no reason for you to walk away with less than Ksh.1,000 each day in profits.

How?
You might wish to ask.

A 10 litre coffee thermos holds 65 x 150ml cups of coffee. Sell each cup for Ksh.10, and you’ll make Ksh.650 per flask.

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If you can make three journeys every day – one in the morning and two in the evening – we can calculate Ksh.650×3 = Ksh.1,950.

Subtract the cost of water, sugar, and coffee, and you can earn a cool Ksh.1,500 each day.

2.Smokes and Eggs Business

images 6 — Boiled Eggs and Smokies with kachumbari

This little business can pay you Ksh. 48,000 per month.

First and foremost, you must capital of less than Ksh 10,000. For starters, you’ll need a smokie grill or trolley (around Ksh.6,000), a supply of smokies and eggs, and, of course, a source of fire.

Smokes can be purchased at the nearby Farmer’s Choice Shop, where a packet of 22 pieces for Ksh.330.

As for the eggs, you may obtain them from your local shop or from friends, and a tray usually costs Ksh.300 or Ksh.280, depending on the seller.

It’s also essential to place your firm in a crucial area. It is imperative that you locate your business in an easily accessible area. For example, in the vicinity of bus stops and train stations, around educational facilities, around pubs and clubs, around locations holding social gatherings, or really anywhere else you believe people may readily access.

With this kind of firm, profit margins are enormous. Let me guide you through this.

When you pay Ksh. 330 for a packet of smokies that has 22 pieces, each item is worth Ksh. 15.

So what if you were to sell a piece for Ksh. 25?

You instantly receive a Ksh.10 profit. Additionally, you receive very significant returns if you sell five or more packets in a densely populated location.

You will have sold 110 pieces if you are able to sell five packets a day, each containing 22 pieces. You will earn Ksh. 2,750 if you sell each for Ksh. 25. On average, you will have spent 330 x 5 = Ksh. 1,650 on expenses that day.

Plus the price of kachumbari, which typically costs Ksh. 100 for onions, tomatoes, and dhania. The total is Ksh. 1,750. The sale will bring in a total profit of Ksh. 2,750 – 1,750 = Ksh. 1,000. In other words, you will profit Ksh. 1,000 in a single day.

Your profit will increase if you choose to sell eggs as well. Consider the scenario where you typically sell two trays of eggs every day. That’s sixty eggs at a cost of Ksh.20 each, for a daily total of Ksh.1,200.

The daily cost of the eggs is Ksh. 600 for two trays of eggs. That indicates that you will profit Ksh. 600 for eggs in a day.

This is the finest part… Your projected monthly earnings/income if you choose to sell both eggs and smokies will be Ksh. 48,000.

These two companies are likewise stress-free. All they need is a rudimentary understanding of cooking and, of course, marketing and communication to attract and retain clients.

Don’t allow your pride stop you from taking advantage of these lucrative chances.