Starting a business anywhere can be quite hectic. One needs capital, space for the business, business permits, and even licenses and certificates.
A small business is quite easy to start as it does not require much capital and can easily be run.
As a result, we would like to show you how to start a small business in Zimbabwe.
How much does it cost to start a business in Zimbabwe?
For one to start a successful business in Nairobi, there are a lot of things to put together. Depending on the size of the business in mind, capital may vary.
One may need about $50 to start a small business. This will be enough to take care of the permits, certificates, and rented space.
One also has to look at whether it is a large-scale or small-scale type of business to estimate how much he or she needs.
What small business can I start in Zimbabwe?
In Nairobi, many opportunities can be exploited to make a living. Here are some ideas of the business you can establish and run in Zimbabwe;
- Mobile shops
- Event organizing
- Printing and photocopy
- Personalized and custom made gift store
- Uber driving
- Cereals shop
Legal requirements for starting a small business in Zimbabwe
Starting a small business in Zimbabwe requires one to meet certain requirements for the business to run smoothly. Here are some of the requirements needed;
- First, you must go to NSSA to find out the permits that you will require to run the business. You can go to the offices physically or visit the website to know more details.
- The next website to visit is the Zimbabwe Revenue Authority website. This will give you information on how the taxes will be charged and paid.
- You can also get a lawyer to represent your company and help you with the registering process.
- Get a unique business name and register it. It is very ideal for small businesses and big businesses to register a company name using a lawyer.
- You can also get a company seal and certificate of incorporation for about $25.
- The next important thing is the City council business permit. Without this permit, it is really hard to start any business in Zimbabwe. The cost may vary depending on the size of the business and premises. Upon a successful payment, you will get a receipt and a certificate later in about a week.
- Health is another really important sector in any business, especially food-related businesses. One is required to have a health certificate upon inspection by a health officer.
- A fire safety certificate is also required to ensure the safety of your employees, yourself, and customers.