How to Start a Small Hardware Business in Kenya

Starting a small hardware business in Kenya can be a rewarding venture. Here are some steps to help you get started:

1. Conduct market research: Before starting any business, it’s important to understand the demand for the products you want to sell. Look at the current hardware businesses in the area, find out what they’re offering, and identify any potential gaps in the market that you could fill.     2.  Develop a business plan: Write down your business goals, strategies, and tactics. This will help you focus and stay on track as you start and grow your business.We have a course in Business Planning where you can learn more about how to plan your business effectively, click on the link above to enroll

3. Register your business: Choose a business name and register it with the Registrar of Companies. You’ll also need to obtain any necessary licenses and permits, such as a business permit from your local county government.      4.  Obtain financing: Consider various financing options such as loans, grants, or investments from friends and family. Make sure you have enough capital to cover startup costs, such as rent and marketing expenses.      5.  Choose a location: Find a suitable location for your hardware store that is easily accessible to customers and has adequate space for  inventory and displays       6.  Stock your store: Research and purchase the hardware products you plan to sell. Make sure you have a good mix of products, including essential items such as screws, nails, and tools, as well as more specialized products.      7.  Market your business: Develop a marketing plan that includes both online and offline marketing strategies. Offer discounts, promotions, and other incentives to attract customers.Enroll for a course in Sales and Marketing at Finstock Evarsity College to learn more about how you can market your business

By following these steps, you’ll be on your way to starting a successful hardware business in Kenya. Remember, success takes time and effort, so stay focused and committed, and don’t be afraid to ask for help along the way. We offer short courses, Freemium courses, certificates, Diplomas and Degrees. For more information, visit our website at www.finstockevarsity.com or call/whatsapp 0703 313 722. You can also email us at info@finstockevarsity.com. Do not forget to watch the whole video on youtube on HOW TO START A HARDWARE BUSINESS.