Share Tweet If you are planning to start a business in Kenya or any other part of the world, you might get lost in your own world due to lack of information. To prevent this from happening, we have decided to compile a list of popular business ideas and the amount of capital that you would need to start your dream business venture. These are rough estimates and actual costs may differ.
Well, the answer to that question depends on how one is prepared for the task. Before we talk about what is required to start let us first take an overview of the industry. Wines and Spirits Business in Kenya: Getting Started Location You first need to identify the ideal location and because alcohol consumption is a leisure activity many clients prefer to frequent establishments that are easily accessible from the main road.
It is advisable to choose a location that has high traffic. Avoid setting up your business near schools as this is against the law. Competition There is intense competition especially in urban areas and for this reason you need to ensure that your strategy is on point.
Scan the market conditions and set a realistic price. You also need to keep track of changes in market trends if you want to remain competitive.
Licensing Licensing is the most important aspect of starting a wines and spirits shop. The most important license of all is liquor license which costs Ksh. Business License from County Council — Ksh.
Requirements for setting up The requirements for setting up depend on your long-term goals and capital constraints. With more capital you can set up a sit-in facility with chairs, tables and shelves.
On average rent prices range from Ksh. Cost Breakdown Licenses — Ksh. Challenges The first challenge you are going to face is intense competition. You will need to provide quality services and best prices in order to retain old customers who will in turn keep coming back with their friends.
You also need to appreciate the challenge that you can only open your business from 5.NADIA Recruitment & Management Consultants, Jobs in Dubai, Abu Dhabi, Sharjah, UAE. santini management solutions is a recruitment agency. our business partners more than 20 countries.
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Find stories, updates and expert opinion. Starting a Wine and Spirits Store. comments; send me the whole wines and spirit business plan and details of customer requirements, am in nairobi kenya.
Want to start a wine and spirits leslutinsduphoenix.com in nairobi kenya. kindly advice on minimum capital required, cost of license, where to get products at wholesale price and the price. Business Class Stretch out and relax in comfort.
Explore the world through regionally inspired dishes, and join the conversation over fine wines in our A Onboard Lounge. KWAL was incorporated in with the objective of providing an avenue for and distribution of wines and spirits.