15 profitable businesses you can start in Uganda - Watchdog Uganda (2024)

By Erias Twalib

There are over 1000 business ideas in Uganda that you can start and benefit from.

Any business regardless of how much you use as capital has the potential to grow into something big.

I mean, we all start somewhere and if your dream is to start a business, it doesn’t matter how much you have as seed capital.

Here are top businesses that you can start in Uganda:

1. Selling second hand clothes

This is among the business ideas in UGANDA that most Ugandans fear venturing into.

However, second hand clothes business is booming and if you are looking for a business to start, this would be the best place to.

The good news is that you don’t require a lot of capital to go into the business. With as little as 300,000 you can start selling 2nd hand clothes.

All you need is to get a good location and know where you will be buying clothes. Most people buy at Owino market in Kampala.

You can be assured that on an average day, you can make a profit of around 15,000 shillings.

2. Salon or barber shop
While some people may underrate this business and assume that it is for the uneducated, it is in fact a lucrative business that has the potential of making you good money.

You can start by visiting clients in their home; make enough money to finally rent out a place.

A standard salon or barber stall goes for Ugsh.180,000 to 450,000. From there you can work on getting cash to buy the equipment you need.

3. Boda boda business

This is one of the lucrative business ideas in Uganda that young people especially are venturing into in large numbers.

If you are still looking for a job and have some money saved up, this is a good business start.

A motorcycle in Uganda costs from Ugsh 2,500,000 to 4,000,000. It means that with less the 3,000,000, you can go into boda boda business.

The good thing about this business is that you can be sure that at the end of the day, you can make a comfortable Ugsh 30,000.

4. Mobile money-business

M-money has grown tremendously and it is one of the lucrative business ideas in Uganda today.

Even if this business seems crowded, no matter where you are operating at, you can be assured that at the end of the day you will still make a profit.

Opening a Mobile money business requires you to have at least 3,000,000 but if someone gives you their line to operate with you only require around 1,500,000.

5. Poultry Farming

This is another one of the lucrative business ideas in Uganda that you can start with little capital. And I talk out of experience, being a poultry farmer myself.

Instead of keeping on sending numerous job applications without getting any response, why not better yourself by starting this business?

Starting a chicken rearing business requires a seed capital of as low as 600,000.

Profit increases as you increase the number of chicken.

6. Printing and photocopy business

If you are in college or university, this is one of the most profitable businesses you can start. You could also venture into the business if you are living near a college or university.

Starting such business will require a starting capital of less than Ugsh. 2,000,000.

7. Boiled eggs and smokies

If you have little capital and looking for small business ideas in Uganda, selling smokies and eggs is a business you can think about.

To start this business, sausage, samosa and egg business you need a capital of around 30,000 to start.

One egg goes for around 250 shs and then sell at 500shs. That’s 250 shs in profit. On a good day, you can make a profit of about Ugsh.15,000. in a month you are assured of an income of over Ugsh. 450,000.

All you need is to find a good location and you are on your ways to your first successful small business.

8. Manicure/Pedicure business

The truth is that every woman in Uganda wants to look beautiful and you can tap into this potential by starting a manicure and pedicure business.

I have a friend who is doing well in this business and only needed Ugsh.150,000 to start.
Like him, you can start by doing house calls before you rent a place.

9. Car wash business

This is one of the best business ideas in Uganda right now. You don’t require much to start a cash wash, just an area with water supply.

The Ugandan culture is that people would rather pay someone to wash their cars than do it themselves.

If you charge 6000 shillings per car, you can manage to clean 100 cars per day again depending on where you are located. That is 600,000 per day.

Get a dedicated staff and you could be making around 12,000,000 in a month. Get over the mentality that car washing is for the lowly and uneducated people in the society, people are buying plots just from that business alone.

10. Movie shop

This is one of the top businesses you can start with 600,000 in Uganda. It is also one of the easiest and the returns are really good.

If you have a computer or a laptop already, you can just rent out a room and start selling your movies.
Most movie shops make a profit of about 120,000 per day; make that 3,600,000per month. Before long you will be having your own chain of movie shops in various major towns.

11. Cleaning service business

One of the most profitable business, there is. It took Alex Nyaga the CEO of Parapet, one the biggest cleaning service provider only 300,000 to start.

He started by hiring women who would clean houses in estates at a charge of 30,000 shillings and would pay these women 15,000 shillings.

Before long, the business had grown and he was able to register a company and now makes over 150 million in a month.

As you can see, you don’t need much to start a home cleaning business.

12. Selling Ice Cream

This is another one of the top business ideas in Uganda you can start.

You need to find a good location like near a school, university or a street with a lot of traffic.

The starting capital for this business in Kampala is 600,000 which means it could be less in another town.

13. Juice blending/fruit business

With so many terminal illnesses like cancer, most people opt to stay away from processed foods.

You can help people adopt healthier lifestyles by starting a juice blending and fruit stand.

With a seed capital of 300,000 to buy a blender and other containers and you are off to go.

14. Selling women handbags

Women love fashion and looking good. You can start selling handbags which I hear fetches a very good profit.
People who are in this business get their supplies from places like Eastleigh in Kenya.

And with the advent of social media, online business is booming. You can caret a Facebook page for your business, boost a few posts to reach as many people as you want.

The good news is that, you don’t have to stress about getting the city council permits or a stall when you are conducting this business online.

15. Cereals Business
I have seen this work for a lot of people and it is one of the most profitable business ideas in Uganda. Choose a good location and you are on your way to a booming business.
You can get your supplies from Eastleigh in Kenya and places like Nyamakima. You can buy them in wholesale and distribute to other sellers within your locality.

To conclude, it doesn’t matter how much capital you put into a business. Any business with the right determination has the ability to succeed. If you are still stuck on what business to start, why not choose from these profitable business ideas in Uganda.

Elias Twalib is a digital entrepreneur. Got any business related queries? Inbox them to me or WhatsApp (+256782177549).


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com

15 profitable businesses you can start in Uganda - Watchdog Uganda (2024)

FAQs

Which business is most profitable in Uganda? ›

Top 7 most profitable business ideas worth Starting in Uganda...
  • Salon Business. ...
  • Outside catering services. ...
  • Events Management. ...
  • Open up an agricultural store. ...
  • Boda Boda Business. ...
  • Open up a Computer repair centre and Internet Cafe. ...
  • Mobile money transfer services.
Nov 19, 2022

Which business can I start with 150k in Uganda? ›

10 businesses one can start with capital of Shs 150,000
  • I thought of businesses one could start with Shs 150,000 and came up with a few of them. ...
  • So, one can start selling apples with 140 fruits. ...
  • Toilet paper vending in traffic is common these days. ...
  • Making liquid soap is so easy and ingredients are readily available.
Aug 2, 2020

What business can I start with 2 million shillings in Uganda? ›

Number one list today of the profitable businesses you can start in Uganda with 2 Million Uganda Shillings is a boutique. A boutique is a shop that sells fashionable clothes, shoes and jewellery according to the Cambridge Dictionary.

What business can I start with 5 million shillings in Uganda? ›

Agriculture: Agriculture is a major industry in Uganda and there are many opportunities to invest in crop or livestock production. Manufacturing: With 5 million shillings, you could start a small manufacturing business producing goods such as food products, household items, or textiles. Service-based.

What is the easiest business to start in Uganda? ›

Here are small-capital business ideas that can set up your side hustle or first business.
  • Small Restaurants: Starting a restaurant in a densely populated area can yield good returns. ...
  • Wines & Spirits Shop: Wines and spirits retailing requires an initial investment of UGX 1 million to UGX 5 million.
Sep 7, 2023

Which business can I do with 500k in Uganda? ›

Some examples of services in high demand include hair styling, mobile phone repair, barbing, furniture making, car rental, and tractor leasing. With a budget of 200,000 to 500,000 Uganda Shillings, one can start a profitable business such as foodstuffs, firewood, soft drink, or frozen foods business.

What business can I start with 10 million shillings in Uganda? ›

I will suggest to you a business idea that by assuming that you only have 10 million shillings and no other source of income. Meaning, even if you did not earn anything on the side, you would start earning from your invested 10 million right away. Welcome to uber/taxify/special hire/airport taxi.

Which business can I start with 3000000 in Uganda? ›

You can also invest in Boda Boda Business. Consider supporting approximately UGX 3 million to acquire a boda boda as it is a reliable and low-cost business with minimal running expenses.

What business can I start with 20 million shillings in Uganda? ›

With 20,000,000 million shillings in Uganda, you have a good amount of capital to start a small business. Here are some ideas for businesses you can start with that amount of capital: 1. Restaurant or café: You can open a small restaurant or café, serving local or international dishes. With this amount…

What is the most profitable online business in Uganda? ›

Here are 20 online business ideas to start in Uganda
  • Sell your photos online. ...
  • Virtual assistant. ...
  • Affiliate marketing. ...
  • Translation services. ...
  • Online consultancy services. ...
  • Selling crafts online. ...
  • Buying and selling domain names. ...
  • Online job platform. Another profitable idea is creating an online job platform.
Aug 9, 2022

What is the main source of income in Uganda? ›

Agriculture, forestry, and fishing

Agriculture accounts for a large share of Uganda's export earnings and its gross domestic product, as well as providing the main source of income for the vast majority of the adult population.

Which small business can I start with one million in Uganda? ›

Second-hand clothing store: Selling second-hand clothing items can be a profitable venture. Food Business:Small food kiosk or street food stand: You can sell snacks or simple meals in a busy area. Catering services: Start a small catering business to provide food for events and parties.

What business can I start with 100 million shillings in Uganda online? ›

With 100 million Ugandan shillings, there are various businesses you can start in Uganda. Some profitable business ideas include selling second-hand clothes, starting a salon or barber shop, investing in the boda-boda business, mobile money-business, poultry farming, printing and photocopying services[1] .

How much do I need to start a phone shop in Uganda? ›

The actual amount required to start an electronic shop in Uganda may differ but a startup capital of 2 Million UGX to 5 Million UGX is enough to start a small electronic shop in Uganda. If you want to open a big shop, you need to start from 30 Million UGX and more.

How do I start a successful business in Uganda? ›

10 Steps on How to Start Your Business in Uganda
  1. Conduct Market Research. ...
  2. Write Your Business Plan. ...
  3. Find Capital to Invest in Your Business. ...
  4. Pick Your Business Location. ...
  5. Choose A Business Structure. ...
  6. Choose Your Business Name. ...
  7. Register Your Business in Uganda. ...
  8. Get a Tax Identification Number.

What business can I start with 1 million in Uganda? ›

You can start with poultry farming, backyard gardening, or pig farming, focusing on high-demand products within your community. Freelance Services: Offer freelance services such as graphic design, content writing, digital marketing, or social media management.

What business can start with 10 million in Uganda? ›

Restaurant: With 10 million shillings, you could potentially start a small restaurant or food truck selling a variety of local or international cuisines. Service-based business: You could consider starting a service-based business such as a hair salon, car wash, or cleaning service.

What is the cheapest business to start in Uganda? ›

#1.

Gardening is a low-cost home business any Ugandan can afford. Food is a basic need for all people.

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