Frequent question: What kind of business can I start in Ghana?

What is the most profitable business in Ghana?

20 Most Profitable Business Ideas in Ghana 2021

  • Poultry Farming.
  • Snail Farming.
  • Vegetable Farming.
  • Uber.
  • Day Care Centre/Basic School.
  • Photography Services.
  • Barbering Saloon.
  • Gym/Fitness Centre.

How can I make money fast in Ghana?

Here are some of the most common ways in which lots of people from Ghana could earn money online.

  1. Start A Blog. …
  2. YouTube. …
  3. Sell Your Own Stuff. …
  4. Use Existing Websites. …
  5. Freelance Writing. …
  6. Google AdSense. …
  7. Sponsored Posts. …
  8. Consulting.

What do Ghanaians buy most?

Now you know what Ghanaians are spending on, as far as retail consumer goods are concerned; Rice, frozen fish/chicken, edible oil, sugar, confectionaries, canned products, Alcoholic, carbonated, malted and energy drinks, Ceramics, worn clothing, footwear, toiletries, diapers, human hair, glass (polished, engraved).

What business can I start 20k?

Invest just Rs. 20,000 and start-up these 10 businesses to earn lakhs

  • Driving School. To start a driving school is an excellent idea. …
  • Translation Services. …
  • Social Media Support. …
  • Second Hand Car Dealership. …
  • Ice-cream Parlour. …
  • Medical Tour Service. …
  • Day Care Service. …
  • Virtual Assistant.
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What are some small business ideas?

Best Business Ideas in India to Start a Small Business:

  • Automobile Repairs. Car and bike users are forced to visit expensive service centres and wait for days to get their vehicle fixed. …
  • Tiffin Service. …
  • Electronics Repair. …
  • Blogging as Small Business. …
  • Private Tutoring. …
  • Pet Care Service. …
  • Educational Mobile Apps. …
  • Bake the Cake.

Where can I invest money to get good returns in Ghana?

Here are 5 ways to invest your money in Ghana

  • Fixed deposits. Also referred to as term deposits are quite straightforward as they employ the simple interest formula for calculating interest. …
  • Mutual Funds. …
  • Shares. …
  • Treasury Bills. …
  • Bonds.

How can I start a small food business in Ghana?

How to Start a Profitable Fast Food Business in Ghana

  1. What is Fast Food? …
  2. Prepare a business plan. …
  3. Choose a concept. …
  4. Identify the source of funding. …
  5. Determine the style of service and menu. …
  6. Employ professional staff members. …
  7. Institute a delivery service. …
  8. Quality control.

How can I make money on my phone in Ghana?

In ghana, there are quite a number of freelancing websites. Platforms such as 15ghana.com and cedijob.com can help you make money from your acquired skills through mobile money. All that is required of you is to signup for an account and then begin to create a gig.

Which online business is best in Ghana?

Blogging. Blogging is one of the most profitable and Lucrative Online Businesses in Ghana you can start with less investment. It is not a fast way to make money online but if you’re dedicated you can earn your living online through blogging. There are two things you need for a blog, domain, and web hosting.

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How can I start my own business in Ghana?

How to Start a Business in Ghana

  1. Develop a Business Plan from your ideas or goals.
  2. Get your Tax Identification Number (TIN) …
  3. Register your business at the Registrar General’s Department. …
  4. Open a Business Bank Account. …
  5. Apply for Business Operating Permit from the Metropolitan /Municipal / District Assembly.

What can I export from Ghana?

Ghana’s main exports are gold, cocoa beans and timber products. Others include tuna, aluminum, manganese ore, diamonds and horticulture. It’s main exports partners are Netherlands, Burkina Faso, South Africa and United Kingdom.

What business can I start with 50K?

Businesses you can start with 50K or less

  • Food Business: …
  • Plantain chips business: …
  • Popcorn business: …
  • Candle production: …
  • Sales of mobile accessories: …
  • Bead making and wire works: …
  • Sales of perfume and other cosmetics: …
  • Hair/Barbing saloon:

Which small businesses are profitable?

Most profitable small businesses

  1. Auto repair. Taking a car to the shop for even simple repairs can be a challenge. …
  2. Food trucks. …
  3. Car wash services. …
  4. Electronics repair. …
  5. IT support. …
  6. Personal trainers. …
  7. Newborn and post-pregnancy services. …
  8. Enrichment activities for children.

What business can I start with 5k?

Tuition – Starting personal home-based coaching is another small business idea that can be started with Rs. 5000. You should be very good at teaching to become successful in this business. Printer and Photocopy Business – You can start your own printer and photocopier business in Rs.