Are you thinking of leaving the corporate world and starting your own business? Many entrepreneurs looking to start a business get excited about what’s trending. It would be wise to consider the best industries, performance wise, of the moment before making an investment, unless of course you want to start a business solely based on a specific skill you possess, like photography or carpentry.
The industries outlined below are some of the best in the current markets and are sure to reap you millions if you go about it with proper planning and management.
1. E-commerce
E-commerce refers to buying and selling of goods and services, or sending and receiving money or data via the internet.
What e-commerce has done is cut open up the national and international market as it brings buyers and sellers together through the internet.
E-commerce has increased in popularity because it’s efficient and saves time. Popular websites in Kenya like OLX, Jumia and Kilimall are big e-commerce platforms where entrepreneurs and customers interact.
2. Tech
The technology scene in Kenya has grown in leaps and bounds over the last ten years. Different technologies have emerged catering to different areas in health, finance, administration, education, fashion, art and so on.
Tech hubs like IHub, Nailab, Growth Hub, mlab East Africa and so on havr greatly contributed to the growth of tech businesses in Kenya. These hubs offer. business solutions among other services.
Many companies have expanded their IT departments as they’ve realized how vital technology is in business. So people have come up with IT consultant firms to empower companies and keep them on the loop as technology changes all the time. They also offer installation services for new technology.
3. Real Estate
Recently, a lot of negative reports have been circulating regarding real estate in Kenya. However, it still is a lucrative business in Kenya.
More and  more people are becoming land and property owners. The price of land, houses and apartments has gone through the roof, leading a big number of Kenyans to invest in real estate.
Real estate agents are also raking in millions through the sale of property.
4. Home and Building Maintenance
You can say that real estate business is directly proportional to home and building maintenance. The more houses and buildings come up, the more home and building maintenance services are needed. Home owners need to maintain the quality of their homes. Offices are always in need of repairs here and there, therefore, home and building maintenance is worth investing in.
5. Fashion
The fashion industry is quickly becoming one of the most popular and best industries to invest in. Local brands have come up creating wear for the African man/woman.
The west is also heavily investing in African designers who even showcase and sell their products outside the country, where they are even more popular.