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Business Corner
nakujua
#51 Posted : Monday, April 28, 2014 1:03:36 PM
Rank: Elder

Joined: 12/17/2009
Posts: 3,583
Location: Kenya
Mtu Biz wrote:
Chaka wrote:
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...

Laughing out loudly Laughing out loudly Laughing out loudly
same here...
What is so amazing about a gym as a business idea?
Or a butchery?
Amazing and brilliant are not the appropriate words here people.

Very insightful observations, hope your business is a brilliant one.
Mtu Biz
#52 Posted : Monday, April 28, 2014 1:53:22 PM
Rank: Veteran

Joined: 1/16/2007
Posts: 1,320
nakujua wrote:
Mtu Biz wrote:
Chaka wrote:
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...

Laughing out loudly Laughing out loudly Laughing out loudly
same here...
What is so amazing about a gym as a business idea?
Or a butchery?
Amazing and brilliant are not the appropriate words here people.

Very insightful observations, hope your business is a brilliant one.


Hardly,

What i mean is this.. if you are going to talk about a butchery as a business idea then share what you will do different from the next guy that will make it brilliant or amazing. Every kind of business activity has money making potential.. that does not make them inherently amazing does it?
People are just saying "well how about a kinyozi? you can get location x and charge y"

then someone responds, "yeah thats great, thats amazing" ??
Sola Scriptura


The optimist
#53 Posted : Tuesday, April 29, 2014 7:06:46 PM
Rank: Member

Joined: 6/14/2010
Posts: 521
Location: Nairobi
I am looking to venture into making charcoal briquettes using rice husks. Am hoping to acquire a briquette making machine and a drier. Any Wazuan who has ventured into this ? I would like to know the kind of machines to use and roughly the cost of running it.
brayokasa4
#54 Posted : Thursday, May 01, 2014 3:14:58 PM
Rank: New-farer

Joined: 10/13/2010
Posts: 95
Location: Nairobi
Chaka wrote:
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...
Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
If you think you can, and if you think you can't , either way, you are right!
JA.KE
#55 Posted : Thursday, May 08, 2014 10:08:07 AM
Rank: New-farer

Joined: 4/30/2014
Posts: 11
Location: Nairobi
A small article about Rabbit Farming I found quite helpful::::http://blog.kuzabiashara.co.ke/rabbit-farming-in-kenya-what-you-need-to-know/1959/
keved
#56 Posted : Thursday, July 10, 2014 9:13:47 AM
Rank: New-farer

Joined: 3/13/2012
Posts: 15
missanono wrote:
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


This is a good reminder
newfarer
#57 Posted : Tuesday, August 28, 2018 8:44:49 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
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.Laughing out loudly Laughing out loudly



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.


Laughing out loudly
punda amecheka
newfarer
#58 Posted : Tuesday, August 28, 2018 8:54:13 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
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



great insight. sad that you moved from meat to 'fish' business.would things have been different if you installed a CCTV camera in your business?
punda amecheka
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