Top 18 Best Small Business Ideas In Uganda to Start in 2023;- Many people dream of starting a profitable business. However, most often, they start small and grow into bigger businesses. There is a good chance that you will make a lot of money if you start and run a business.
This post will show you the best small business ideas from Uganda to help you decide what you want and how to achieve it. You’ll soon be rich if you follow our steps!
Best Small Business Ideas In Uganda to Start
Many potential entrepreneurs from Uganda want to open a business in their country. They are searching for the best small business ideas in Uganda.
You may be surprised at how many profitable business ideas there are. Sometimes it takes effort to dig deeper in order to find the right niche.
You might be looking for ways to invest your money but you don’t have enough money to guarantee success.
Perhaps you are looking for small business ideas that will grow quickly in Uganda. This post will be of great value to you and all those looking for innovative small business ideas.
These are just a few examples of small business ideas that you can start in Uganda with very little capital and make a lot of money. Find out which businesses are best to start with little money and then try your hand at them.
18 Best Small Business Ideas in Uganda 2023
1. Blog as a Business
You can start a blog if you are able to write or have the ability to learn how. Making money online is easy with blogging. You only need an internet connection, a good research skill, a passion, and plenty of time. Your time is the most valuable and expensive investment in your blogging career.
You would also want people to find your blog posts, so you need to learn how search engines like Google can help you or hire an SEO expert in Uganda.
You can create a blog for free with WordPress or Wix, or, if you have money, you can set up your blog in a self-hosted server. Fill your blog up with quality content and drive traffic to your site. Get their trust, monetize your blog using Google AdSense, display ads, affiliate marketing, or sell information products like ebooks.
How do you start?
Simple: you won’t get much traffic and exposure when you first start your side business. You should therefore increase the price of your product as soon as you start your blog adventure.
A B2B consulting funnel is a good way to get started and to sell to companies, rather than to individuals. Companies have more money than individuals, so don’t focus on affiliate programs and advertisements at first. Instead, invest in high-end consultancy.
The three main success pillars of this new blog strategy to make money are:
- Your blog niche should be chosen based on your audience’s financial capabilities, professional leverage and market needs.
- By not writing as much, and outsourcing certain parts of your content and other SEO operations, you can increase your backlink acquisitions and Domain Authority (DA), faster.
- You can also increase your revenue by only closing 3-4 high end clients and not hundreds of affiliate sales by implementing high-end blog marketing strategies at the right times in your blog’s lifespan.
These strategies will help you make thousands of dollars quicker and attract more visitors. This article will answer all your questions.
The first step in setting up a blog is to purchase web hosting and create WordPress sites.
How to start:
- Click the Get Started button at Bluehost.com
- Use my link to get a 63 percent discount on your hosting plan
- You can either register a new domain or select an existing one.
- Complete your account details and billing details.
- Sitelock Security or Codeguard Basic could be disabled.
- When you click “Submit”, you’re done.
Start with Bluehost at $2.95/month (63%)
2. Private refinery business
It is easy to see the oil and gas industry these days. This sector is a lucrative one, and all of the top businesspeople are involved. Aliko Dangote is Africa’s richest person and an oil and gas billionaire. He raised $9 billion to establish his refinery.
It is possible to start your own private refinery. This business is supported by the government through certain actions such as the elimination fuel subsidies.
You can also invest in oil and gas in other ways, such opening a filling station, kerosene depot, or if the refinery is not right for you. Another option is to open a cooking gas business. You have many options to grow your company in the oil and natural gas industry.
3. Dry cleaning
This business is one of Uganda’s fastest-growing, and many people have made it a success.
It is a very profitable business because not everyone has the time or energy to wash their clothes.
This is why you might want to open a business that helps people clean their clothes. Get your tools together and get to work.
4. The business of recharging Sim card
This has been a huge success in Uganda. People are increasingly contacting people via phone and need to make sure that their phones are charged regularly.
No one in Uganda doesn’t have a phone or makes phone calls. These are the main reasons for the huge success of the recharge cards industry.
Once you have made a deal with vendors and purchased the basic equipment, you can start printing them from home. We will let you know more about the business, but it is easy.
5. Open a restaurant shop
Although there are many restaurants in the area, that doesn’t mean you have to stop opening your own. Most people prefer restaurants that offer high-quality meals and are affordable.
Today’s busy individuals are often too busy to cook and eat at home, so they eat out a lot. This is especially true for employees and students. Therefore, opening a restaurant in a business or study area is a great option.
Although this business requires some initial investment, most restaurants with great service and a unique personality attract many customers and make a lot of cash. You will also need professional assistance.
Restaurants can seem like a complicated business but those who have the experience and expertise in this field will find it easy.
6. Start a writing company
Writing is a valuable skill that can be made a living. You don’t even need to have a lot of capital to start your journey. All you need is the drive and the ability.
Online orders can be found. You can also write to a company that requires your texts. There are many benefits to this job, but the most important is the fact that you don’t have to travel far to get orders or do hard work. You can complete your tasks from your home with a cup coffee and a laptop.
As your business grows, you might hire more authors or start your own publishing company. High quality writing material is highly in demand today. It is not easy to find authors who are willing to sacrifice their time for this profession.
This business is for you if you are a skilled person with a command of English.
7. Bakery shop
Although it is not necessary to be a chef to open your bakery, having some knowledge of the subject would be beneficial. It is important to find a place for your bakery, as you will need it in order to attract customers and be visible.
Although your business might start small at first, it will grow and attract more employees as it grows. Keep in mind that successful bakeries are those who have their own unique selling point.
Be creative when you start a bakery business. You will eventually reap the rewards in the form income.
8. Staffing agency
Uganda is a country with a high rate of unemployment. Many people are desperate for work. As a recruiter, you can help people find the job of their dreams. You can work with many companies to find people for them.
Your recruitment agency will grow as you earn more. You must have the ability to identify the right people for specific positions in order to be successful.
9. Start a Uniform Sewing Business
This is the right business for you if sewing is something you are interested in and you’re looking for a job. There are many schools in every state, and they all require uniforms.
Many business companies have uniform-wearing employees such as security staff. Additionally, uniforms are required by many military groups. Because they have so many people involved in their activities, there is always a need for new uniforms.
You may be able to volunteer to make uniforms for organizations and individuals in need. This business can be marketed as a uniform provider, and you could make a lot from it.
10. Establish a call center agency
Because there are many people who need advice, help or complaints about a service, the call center industry is very popular. You may be able to start a call center agency and work on a contract basis for large corporations.
11. Facility for training
Are you an expert in a specific field? Do you think you can help others improve their skills? You might find a profitable niche in the training center business.
This business is highly sought-after and could be very lucrative. Millions of Ugandans take various exams and tests each year. They need help with their preparation so they seek out training.
You can tutor students who are struggling in Math if you have the skillset.
You can also make money as a trainer by teaching others. Train people who want to enhance their professional skills for work or personal reasons.
Today, many people want to learn how to use various computer programs. You may have some knowledge about Photoshop or computer programming to help you start your training.
Although it can be challenging to market yourself, people will return to you if they feel that you are a skilled specialist. You may be able hire additional staff to provide additional training services for students if your center has grown.
12. Importation of clothing
Clothing is unquestionably one the most fundamental human needs. We use it every day and need new ones. Many people enjoy wearing clothes and finding attractive accessories.
Clothes are still in high demand, especially if they’re fashionable and affordable. A business can be started to sell clothes to customers.
You can import clothing from China, India and France as well as many other countries. Because of the economic crisis in Uganda, it is becoming more popular to buy recycled clothing.
13. Livestock keeping
One of the fastest-growing business opportunities in Uganda is livestock farming. This industry is in constant evolution and has yet realize its full potential.
If you have the necessary skills to care for your animals and operate equipment, this business can be easily started from your backyard. To succeed in this field, you will need patience, knowledge, and experience. You have many options: catfish farming, chicken farming and goat raising.
14. Daycare center
While most families have children, they also need to work hard to make enough money to support their family’s living expenses. Parents may not always be able to dedicate their time to their children. Although there are many daycare centers, not all are qualified. You should consider opening a daycare centre if you love children and feel confident in your abilities to care for them.
To make a business a success, it must be a safe environment for children. Parents should trust you with their children. You have a good chance of making a living with this business if you’re innovative and can make a positive impact on young people.
If you feel your home would make a great starting point, you could also start it from there.
15. Agricultural product exportation
Uganda is rich in natural resources as well as a country with a high-quality culinary scene. You can start your own export company by registering with the Export Promotion Council of Uganda. Exports are highly in demand for mango, cacao flakes, cocoa and yam flour.
You can sell your products within Uganda if you don’t want to export your agroproducts. You might make a substantial profit by buying and reselling palm oils.
16. Alternative power sources can be installed
This is an important topic, as Uganda has power supply issues. Our government is taking steps to improve the electricity industry. The world is turning green. There is an increasing demand for alternative power sources such as inverters and solar energy.
You could try to make money by either importing or retaliating against such materials, or you could focus exclusively on alternative power installations.
17. Exploration and Mining
Uganda is an active country when it comes to mineral resources. Our country is rich in resources like coal, iron ore and limestone. The mining industry in Uganda is growing. The government also supports the mining industry. This industry is also supported by the government if you have a trustworthy team and financial resources.
18. Start Farming Business
Imagine if you have always wanted to own your farm from the time you were a kid. Your dream could come true. You can also make a profit because farmers these days have a lot of cash.
The first step in this venture is to find a suitable piece of land to grow your crops. Although we have previously talked about animal farming, you might be interested in cultivating crops instead.
Many cash crops can be grown to provide a steady income year after year. You can grow cash crops such as kola nuts, cocoa and oil palm. To find out which ones are most profitable, you might do some research.
19. Waste Management Services
This is another profitable niche that holds great promise for the future. This niche could become very lucrative as many Ugandans still don’t know how to dispose of trash properly. However, some states, like Kampala, actively promote waste management among their citizens.
This sector may offer reliable business opportunities in the following areas: garbage disposal, recycling, organic fertilizer production, garbage transportation and other businesses. You may make some extra money by joining this branch.
20. Food manufacturing
What are you expected to do in this industry? It’s very simple – you just need to gather the ingredients that make food and then turn them into the final product.
You can link your work life with many companies. These include frozen food production (which is very lucrative nowadays because many people don’t have the time to cook), vegetable oil processing, oil palm processing yogurt production, tomato pure production, garri process, rice milling, juice production, and many other businesses.
21. Production of bottled water
Drinking water is essential for our health. Clean water is in great demand today, so you might be able to manufacture it and provide continuous hydration for those who require it.
There is a high chance that people will purchase a lot of clean, refreshing water if you make it. Recent regulations state that it is important to get your brand out there as quickly as possible. If you are serious about this business, then you need to start now.