Starting your own business requires you to set aside some time, resources and money. If you want some capital that will help you to start your own business, contact us today and we will provide you with the support that you want. At RG Sacco Ltd. we offer soft loans to businesses at a low interest rate of 1 (one percent per month). For more information visit our products page through this link.
This tips will help you to start a small business in Nairobi Kenya
Evaluate and analyze
Review your experience and skills on the type of business to start. Check out the market whether there is a good opportunity that you can exploit. Review how many competitors are there and determine how you are going to eat up the whole competition.
Write a good business plan
A great business plan will help you to solidify your ideas and create a good approach towards your goals and strategies. A good business plan includes details such as the target of the market, sales plan, marketing, background information about the management team and a financial picture of the entire business.
Create a legal structure of the entire business
Come up with a legal structure on how many people will own the business. If you are willing to start a partnership deal with someone, make sure you come up with a good agreement that will be agreed upon the partners of the business.
Obtain Licenses from the government.
If you are starting a business in the capital city of Kenya, you must obtain business permits and licenses from Nairobi County Government offices.
Raise capital and find some financial help
If you have saved some money in the bank, you can use what you have to set up the business but in-case you don’t have enough money to finance your business start-up, contact us today and we will provide you with an affordable business loan in Nairobi Kenya.