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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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mauryc wrote:Swenani wrote:mauryc wrote:Anyone ever thought of starting a butchery? What are the margins? Pros and cons? Its extremely profitable with low start up capital as long as you are in a strategic position. I used to run one in dagoretti corner but decided to sell it off since i didnt have a honest person to run it.He used to buy and sell his own stock at my expenses yet am the one who was paying rent, He could inflate the buying price or just buy bad meat. My monthly running expenses were as below 1.Rent:8K 2.Salary:15K 3.Bad stock and shortages:15K 4.Miscellaneous (water, electricity and filing)-5K 5.My fuel( to check on the bugger):5K I never had a freezer to store meat since i didn't see the need for it;I used to buy stock thrice per week. The buying price per kg ranged between 230-250 depending on the days and selling price was 360. I used to make an average sales of 30Kgs per day with monthly net profit of 50k-60K Thats a decent figure per month. You've mentioned low start up capital; approx how much would one need in terms of finances? I started with 60K, on the first day i only bought 10kgs then kept on increasing until i reached the optimal stock for which was 70Kgs sold over a period of 2 days If Obiero did it, Who Am I?
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Bigchick wrote:faa wrote:mauryc wrote:Anyone ever thought of starting a butchery? What are the margins? Pros and cons? A friend of mine started a butchery business in Kangemi. Christmas came early for his kids. This is what happened to my friend. His meat would go bad like daily due to power outages despite having a fridge. Then his workers workers would feed the same to estate dogs. Over time like 2 weeks most dogs in the estate knew where to gather for a meal. My friend got so incensed and closed the butchery.It was in Dohnholm.Todate if he comes across a stray dog even as far as Wangigi he is tempted to hot it with a stone thinking its heading to his butchery. @Bigchick, I operated a butchery without a fridge/freezer.If you buy fresh meat it should last for at least 3 days without any form of storage before it goes bad. Most likely the guys were buying meat which was 1 or 2 days old at a cheap price. Pia kuna ile nyama mbaya inakaa minced meat which goes bad instantly, again this meat is sold cheaply(niliambia ni zile ngombe hukanyangwa na ngombe zingine during transportation.Nyama yake its too red) If Obiero did it, Who Am I?
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Rank: New-farer Joined: 3/5/2014 Posts: 59 Location: Nairobi
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Hallo, did we run out of business ideas? I'm eager to get some ideas from our very able, uprising and accomplished minds. Like the butchery idea was particularly good! Do you want a FREE ticket to an upcoming business mentorship meeting? Click on this link, LIKE and leave a comment claiming your FREE TICKET.
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Rank: Hello Joined: 3/26/2014 Posts: 2
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What of commercialized cleaning? where you do laundry for people using machines since people no longer trust house girls? any one thought of it? need critics......
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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kaymaich wrote:What of commercialized cleaning? where you do laundry for people using machines since people no longer trust house girls? any one thought of it? need critics......
Location is key for such types of businesses. Ukiweka kayole ama jericho trust me utafunga biachara unless you are hand washing them at charge 30 bob kuosha suit If Obiero did it, Who Am I?
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Rank: Elder Joined: 5/21/2013 Posts: 2,841 Location: Here
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kaymaich wrote:What of commercialized cleaning? where you do laundry for people using machines since people no longer trust house girls? any one thought of it? need critics......
You may even target institutions. I've seen some gov't hospitals privatize both cleaning as well as laundry services. Life is like playing a violin solo in public and learning the instrument as one goes on.
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Rank: Hello Joined: 4/1/2014 Posts: 1
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All the ideas above are brilliant but having started a business before and sort of failing I learnt one thing.Don't put down any money before you do your research.
For example the gym idea sounds great on the surface but what if you invest that much and people just don't come to you.Instead, find at least twenty people in Roysambu,ask them if they work out or if they are interested in working out.And how much they would spend per month on working out.
Same as the butchery idea.Find out how much the people in the area make on average from their salaries.Do surveys around the area and try to find out how many times a week on average people in this area can afford to eat meat.
It's not about a great idea actually,it's about if your target market can pay for whatever your business offers.And pay for it regularly for you to make a profit and grow.
Priscilla aka Miss Anono
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Rank: New-farer Joined: 3/5/2014 Posts: 59 Location: Nairobi
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Priscilla that's a brilliant idea. Before you start any business, make sure you do lots of research. Get in touch with the people on the ground. Put your act together and then . . . strike!! Do you want a FREE ticket to an upcoming business mentorship meeting? Click on this link, LIKE and leave a comment claiming your FREE TICKET.
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Rank: Hello Joined: 3/17/2014 Posts: 8
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Ideas are worthless. Actually its the easy / lazy part and any person can come up with one. The real gain in in execution. To start a business, you do not need to "think" of ideas, just look at businesses in your area - do them better. An improvement of 10% is all people need in most cases.
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Rank: Member Joined: 2/15/2010 Posts: 128 Location: Kenya
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Amen.Why innovate while you can copy perfection?
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Rank: New-farer Joined: 3/5/2014 Posts: 59 Location: Nairobi
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No need to innovate. Just look around you and find out which business works. I'm sure you'll find a dozen opportunities that you can exploit. Do you want a FREE ticket to an upcoming business mentorship meeting? Click on this link, LIKE and leave a comment claiming your FREE TICKET.
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Rank: Member Joined: 3/17/2008 Posts: 567 Location: Nairobi
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What of Farming?
Crops - Watermelons, strawberries etc Animals - Chicken, Pigs etc (they key profit determinant is to grow & mix your own feeds) One may start at their parents farm in shags before you get yours.
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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Wordpress wrote:Ideas are worthless. Actually its the easy / lazy part and any person can come up with one. The real gain in in execution. To start a business, you do not need to "think" of ideas, just look at businesses in your area - do them better. An improvement of 10% is all people need in most cases. kweli kabisa!! Pioneer of vernacular radio Rose Kimotho vs SK Macharia is a good case study!
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Pablo wrote:What of Farming?
Crops - Watermelons, strawberries etc Animals - Chicken, Pigs etc (they key profit determinant is to grow & mix your own feeds) One may start at their parents farm in shags before you get yours. Quails In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Angelica _ann wrote:Pablo wrote:What of Farming?
Crops - Watermelons, strawberries etc Animals - Chicken, Pigs etc (they key profit determinant is to grow & mix your own feeds) One may start at their parents farm in shags before you get yours. Quails Or fish; both the ripe fish and wazua fish If Obiero did it, Who Am I?
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Rank: Hello Joined: 3/28/2014 Posts: 8 Location: Kisumu
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the rabbit farming..my bro does it in kisumu and the returns are good. you just need loyal market and available food, not so expensive, enda kwa mama mboga and soko then get the vege remains in a sack and feed them. they reproduce and grow real fast. am loyal.. :)
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Rank: Hello Joined: 4/4/2014 Posts: 1
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Hello guys we're amazed with the kind of ideas you're sharing on this platform. And we have an event for budding businessmen like you. Tickets are going for Ksh15,000 but we've decided to give a couple FREE ones to you guys. 1.Go to our Facebook page (link below) 2.Tell us about your business and plans 3.We'll get in touch with you in a minute Have a nice day. Get Professional Business Advice, Interact With Business Experts. Ask Your Questions On: KUZA Biashara Facebook Page.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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^^^^^ Good luck In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 2/16/2007 Posts: 2,114
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KUZA BIASHARA wrote:Hello guys we're amazed with the kind of ideas you're sharing on this platform. And we have an event for budding businessmen like you. Tickets are going for Ksh15,000 but we've decided to give a couple FREE ones to you guys.
1.Go to our Facebook page (link below) 2.Tell us about your business and plans 3.We'll get in touch with you in a minute
Have a nice day. If the ideas here so far are amazing then I am amazed...
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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bryellow wrote:the rabbit farming..my bro does it in kisumu and the returns are good. you just need loyal market and available food, not so expensive, enda kwa mama mboga and soko then get the vege remains in a sack and feed them. they reproduce and grow real fast. We moved on from Rabbit to quail and now we are onto big things.....Turkey If Obiero did it, Who Am I?
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