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Business Corner
Swenani
#21 Posted : Wednesday, March 12, 2014 4:45:09 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
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?
Swenani
#22 Posted : Wednesday, March 12, 2014 4:51:14 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
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.



@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?
KERUJAMES
#23 Posted : Friday, March 21, 2014 4:00:53 PM
Rank: New-farer


Joined: 3/5/2014
Posts: 59
Location: Nairobi
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!
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kaymaich
#24 Posted : Sunday, March 30, 2014 2:52:36 PM
Rank: Hello


Joined: 3/26/2014
Posts: 2
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......
Swenani
#25 Posted : Monday, March 31, 2014 9:15:16 AM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
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?
Rankaz13
#26 Posted : Monday, March 31, 2014 10:44:12 PM
Rank: Elder


Joined: 5/21/2013
Posts: 2,841
Location: Here
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.
missanono
#27 Posted : Tuesday, April 01, 2014 2:01:17 PM
Rank: Hello


Joined: 4/1/2014
Posts: 1
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
KERUJAMES
#28 Posted : Tuesday, April 01, 2014 3:13:46 PM
Rank: New-farer


Joined: 3/5/2014
Posts: 59
Location: Nairobi
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!!
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Wordpress
#29 Posted : Tuesday, April 01, 2014 3:22:39 PM
Rank: Hello


Joined: 3/17/2014
Posts: 8
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. smile
DtheK
#30 Posted : Tuesday, April 01, 2014 7:01:24 PM
Rank: Member


Joined: 2/15/2010
Posts: 128
Location: Kenya
Amen.Why innovate while you can copy perfection?
KERUJAMES
#31 Posted : Wednesday, April 02, 2014 2:13:07 PM
Rank: New-farer


Joined: 3/5/2014
Posts: 59
Location: Nairobi
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.
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Pablo
#32 Posted : Wednesday, April 02, 2014 4:10:45 PM
Rank: Member


Joined: 3/17/2008
Posts: 567
Location: Nairobi
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.
Lolest!
#33 Posted : Thursday, April 03, 2014 4:07:01 PM
Rank: Elder


Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
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. smile

kweli kabisa!! Pioneer of vernacular radio Rose Kimotho vs SK Macharia is a good case study!
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
Angelica _ann
#34 Posted : Thursday, April 03, 2014 4:48:30 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
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
Swenani
#35 Posted : Thursday, April 03, 2014 6:27:03 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
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?
bryellow
#36 Posted : Friday, April 04, 2014 9:31:57 AM
Rank: Hello


Joined: 3/28/2014
Posts: 8
Location: Kisumu
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.. :)
KUZA BIASHARA
#37 Posted : Friday, April 04, 2014 11:59:02 AM
Rank: Hello


Joined: 4/4/2014
Posts: 1
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.
Angelica _ann
#38 Posted : Friday, April 04, 2014 12:03:50 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
^^^^^ Good luck smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Chaka
#39 Posted : Friday, April 04, 2014 12:39:13 PM
Rank: Elder


Joined: 2/16/2007
Posts: 2,114
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...
Swenani
#40 Posted : Friday, April 04, 2014 1:04:20 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
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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