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6 Profitable Part-Time Small-Scale Business Ideas

6 Profitable Part-Time Small-Scale Business Ideas

Starting a part-time, small-scale business is a great way to earn extra money in Kenya. There are so many business ideas that you can try as a young person without worrying about losing your full-time job.

With the ever-changing dynamics of the modern corporate world, young people are getting wiser. No wonder there has been a phenomenal increase in the number of youths coming up with part-time businesses. Interestingly, some do this even as they try their luck in hunting for white-collar jobs.

Here are 6 Small-scale Business Ideas that work wonders

Starting a business in Kenya has never been this easy. We have a comprehensive list of six simple, part-time, small-scale business ideas that young entrepreneurs in Kenya can try. Fortunately, these businesses require minimal investment. Further, since they’re simple, they are very easy to run.

As a young Kenyan, the ball is squarely in your court!

1. Electronics Repair Business in Kenya

The electronics business in Kenya essentially deals with trading in the repair of electronics products. This includes dealing with smartphones, television sets, radios, woofers, subwoofers, DVD players, cameras, etc.

To get started, you will need an estimated starting capital of roughly Ksh 20,000. Regardless, this amount can increase to Ksh. 50,000 if you intend to trade in the repair of sophisticated electronic products. We will break down the cost of opening up a business in our future articles to help you understand what you need as requirements to start a business Kenya. In addition to this, finding spare parts of quality old electronics appliances is hell of a task; therefore, platforms like Corido Marketplaces make it easier for you to search and find other electronics sold for part for your use and replacement of old parts.

This fantastic business idea is ideal for urban dwellers, especially those in major towns like Nakuru, Thika, Kisumu, Mombasa, Nairobi, Eldoret, Kakamega, etc. A town set up is ideal since this small-scale, part-time business may not attract regular clients. Thus, an area frequented by middle-income earners is likely to help your business generate meaningful income compared to setting up your business in an area with low-income earners.

Also, ensure your business premises are located in a secure environment that guarantees your products’ safety.

Electronics

2. Start a used electronics and appliances small-scale business

As we had mentioned earlier about the electronics business, the sale of household and business appliances such as fridges, cookers, microwaves, TVs, washing machines, etc. is very lucrative.  As a matter of fact, within the Corido platform, the sale of appliances has always been high due to demand. Being a new investor for such a venture requires more research, good planning and preparation to ensure that you capture the right niche of clients.

For starters, it’s best you learn to use Corido online tools for your benefit. Bid on good deals, purchase at low cost, then sell for profit.

3. Start a Small-scale business; buy bulk secondhand furniture for sale

If your interest lies in the furniture industry, you should know what you need before starting. The furniture business can guarantee you huge profits, especially in Kenya, where the demand for home and office accommodation is rising.

Whenever people relocate to a new home, they definitely require a bed to sleep on, chairs and dining tables, wardrobes for their clothes, kitchen cabinets, and other furniture. Similarly, when organizations move to a new office, they usually need new furniture.

Since Kenya boasts a fast-growing economy and a rapidly changing urban population, you can consider investing in such a booming small business.

There’s no need to wait until you have all the capital to buy the needed furniture. Neither should you worry about getting talented craftsmen to get the job done. All you need to do is sign up to Corido’s newsletter platform for latest update on furniture deals listed on a daily, weekly or monthly basis. You should also be paying frequent visits to Corido website to check on secondhand home or office furniture sold in bulk at fair prices. This will give you a better start to your furniture business. Setting up a small-scale  yard for display at your nearby market or estate would be the next step to take. 

Important Reads: 9+ profitable business ideas in Kenya

4. Start a restoring and reupholstering furniture Business

Restoring or reupholstering furniture is the process of giving old, rusty furniture a new look by replacing worn out parts, paint, textiles, fabrics, etc. Many people prefer repairing their furniture instead of acquiring new ones, making this service a good business venture in the current market. Here are simple steps for a good start of restoration as a small-scale, part-time business:

  • Secure a working space such as a garage, rented room or even on an open market space
  • Purchase or hire used or new carpentry tools
  • Register your business on eCitizen portal for legal purposes
  • Then find good-looking old furniture sold on Corido platform
  • Find and buy unique fabrics from Gikomba market at good prices
  • Give your furniture a new look and sell it for greater profit margins.

5. Find and list local small-scale businesses for sale on commission

Listing of local businesses for sale is the most peculiar business ideas to start this year. You don’t need any capital to get started except for a few coins to cater for your movement and probably airtime and food. What you also need to do is research and identify local clients who wants to sell their businesses, such as barbershops, kiosks, car wash shops, car repair shops, retail shops, boutiques, electronics shops, etc. Refer such clients to Corido Business Unit, where they will assist in find a match interested in purchasing at a good price while you get compensated on commission based on the amount the business was sold for.

Home appliances

6. Renting and Leasing of Machinery

The asset and machinery renting venture is a booming business in Kenya. Many companies are now investing in the rental of construction and agricultural machinery. The only challenge is getting a reliable company that offers such equipment to rent.

This notwithstanding, Corido Market offers the best solution for all part-time lending and leasing businesses.

Certainly, Corido Market is one of Kenya’s biggest machine-lending and leasing platform. Corido partners with some of the top leasing companies in Kenya to dispose of and rent good-quality surplus second-hand machinery. At Corido, you are guaranteed to get stock assets from leading brands to earn you handsome profits.

Final Thoughts

There are hundreds of thousands of small-scale, part-time business ideas in Kenya. And there is no such thing as a small business. You only need to provide good customer service, decide on the best location, and ensure proper bookkeeping to monitor your profits.

Finally, a good understanding of the requirements for starting the business and locating the stalks is always crucial.

Truly, Corido Market offers you a viable one-stop solution for all profitable business ideas in Kenya. You can also find more business ideas from your previous articles for your benefit

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