1. Selling second hand clothes
One of the business ventures people are most hesitant to pursue is this one.
However, the market for used clothing is expanding, so if you're searching for a spot to launch a business, this would be it.
The good news is that starting a business doesn't cost a lot of money. You may start selling used clothing for as little as 81.57 USD.
All you need to do is choose a suitable area and decide where you will shop for clothing.
You can be confident that you can earn a profit of about $4 on a typical day.
2. Salon or barber shop
It's possible to make good money in this industry, despite the fact that some people may undervalue it and believe it's only for people with little education.
You can begin by going to clients' homes; if you've made enough money, you can finally rent out a space.
A typical salon or barbershop stall costs between 48.94 and 122.35 USD. From there, you can concentrate on raising money to purchase the necessary equipment.
3. Boda boda business
In Uganda, young people in particular are pursuing this potential business idea in significant numbers.
This is a wonderful business to start if you are still looking for work and have some money saved up.
The price of a motorcycle ranges from USD 679.74 to USD 1087.58. The advantage of this business is that you can be confident that you can earn a comfortable USD 8.16 at the end of the day.
4. Mobile money-business
M-money has expanded significantly and is one of the profitable business concepts.
No matter where you are operating, even if it seems like the market is crowded, you can be sure that at the end of the day you will still turn a profit.
If you want to start a mobile money business, you need at least 815.68 USD, but if someone grants you access to their line, you just need about half of that.
5. Poultry Farming
Another profitable business venture that you may launch with little funding is this one. I speak from experience because I myself am a poultry farmer.
Why not enhance yourself by beginning this business rather than continuing to send out multiple job applications and receiving no response?
Starting a chicken-rearing business just needs 163.14 USD in startup money.
As you raise the quantity of chicken, your profit rises.
6. Printing and photocopy business
This is one of the most profitable enterprises you can start while in college or university. If you reside close to a college or university, you can also consider starting the business.
Starting such a business will take less than $543.79 USD in startup capital.
7. Boiled eggs and smokies
Selling smokeies and eggs is a business you can think about starting if you're looking for small business ideas and have little resources.
You require cash of about $8.16 USD to start this firm, which is a sausage, samosa, and egg venture.
Finding a nice site is all that is necessary to launch your first successful small business.
8. Manicure/Pedicure business
The truth is that every woman wants to look beautiful and you can tap into this potential by starting a manicure and pedicure business.
I have a friend who is doing well
in this business and only needed 40.78 USD to start.
Like him, you can start by doing house calls before you rent a place
9. Car wash business
Currently, one of the best business concepts is this. A location with access to water is all that is needed to start a cash wash.
Instead of doing it themselves, individuals would prefer to pay someone to wash their automobiles.
Depending on where you are located, you can manage to clean 100 automobiles per day if you charge 1.63 USD per car. That comes to 163.14 daily.
If you hire a committed workforce, you might earn about 3262.74 USD every month. Get rid of the idea that car washing is only for the illiterate and poor members of society; people are buying plots only from that industry.
10. Movie shop
One of the best businesses you can launch with 163.14 USD is this one. Additionally, it is among the simplest, and the profits are excellent.
You can immediately begin selling your videos if you already own a computer or a laptop and a room to rent.
The majority of movie theaters earn a profit of around 32.63 every day, or 978.82 per month. You will soon own a chain of movie theaters in several major cities.
11. Cleaning service business
One of the most lucrative industries. One of the largest cleaning service providers only needed 81.57 to get going.
My buddy initially employed women to clean homes in estates for a fee of 8.16 and paid them 4.08USD each.
Soon after the firm started to expand, he was able to create a company and started earning more than 40784.24 USD every month.
As you can see, starting a home cleaning business doesn't require much.
12. Selling Ice Cream
Another excellent business venture that you can launch is this one.
You must select a decent site, such as close to a school, university, or busy street.
The first investment for this firm in Kampala is 163.14 USD, therefore it might be lower in another city.
13. Juice blending/fruit business
With so many terminal illnesses like cancer, most people opt to stay away from processed foods.
You can help people adopt healthier lifestyles by starting a juice blending and fruit stand.
With a seed capital of 81.57 USD to buy a blender and other containers and you are off to go.
14. Selling women handbags
Women adore style and appearance. You can start selling handbags, which, from what I've heard, bring in a sizable profit.
Supplies for those in this industry come from locations like Eastleigh in Kenya.
And internet business is booming as a result of the rise of social media. Maintain a Facebook page for your company and boost a few of your posts to reach as many customers as you like.
The good thing is that when you run this business online, you won't need to worry about obtaining municipal council permits or a booth.
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