Top 10 worst businesses to start in Kenya
One of the very most critical decisions you will ever make in starting your own business is choosing the right business idea. If you are an upcoming entrepreneur, it is easy to assume that any business can be profitable. According to statistics nearly 20% of businesses fail within the first year.
Some of the reasons why businesses fail include; lack of capital, poor management, a bad business idea or business model, and poor or lack of marketing.
In this article we will cover some of the worst businesses to start in Kenya. These businesses are not necessarily unprofitable. In fact some of the businesses were very lucrative at some point but currently they are either overcrowded or the demand for their services has gone down.