There are many business ideas in Ghana that have not been fully tapped.
Ghana still has a very high unemployment rate. Luckily the country has numerous opportunities for small businesses to thrive.
However, some people might complain about the lack of capital. The good news is that some of these ideas do not require a big amount of start-up capital.
Now that we have caught your attention and being exposed by COVID 19 Pandemic crisis starting one is never too late,
let's introduce you to some of the profitable business ideas that yields high profits in ghana that people don't know.
1. Start Pest Control Business
If you are thinking of starting a business in Ghana that can guarantee you a steady income, then one of your options is to consider starting a pest control business.
Pest control businesses is a business that is involved in removing or eradicating potentially harmful insects, rodent and reptiles from farms, commercial and residential properties.
When we talk of pest control, we are talking about a service that is as old as agriculture practices. This is because there has always been a need to keep crops free from pests in order to increase crop yield.
2. Poultry Farming
Research shows that a good percentage of Ghanaians
consume tons of meat and eggs in their homes,
eateries, and parties.
Therefore without wasting much time, poultry farming
will be gracing our number one spot as a profitable
business idea to start within your location.
It does not require much capital while you
can sell many products from your farm. These include
eggs, frozen poultry meat, and even the day-old chick
from your farm.
3. Taxi Business
People travel and move around daily even on weekends.
However, some Ghanaians do not have cars while others
find commercial buses uncomfortable.
So, if you have a vehicle and register with either
Uber or any other taxi company then you can start
your transport business with ease. A very smooth
way to make money provided you have the time,
therefore it is regarded as one of the top
business ideas in Ghana.
4. Open a Bar and Grill Business
Opening a bar and grill business can be fascinating
at the same time worthwhile especially if you
position your bar and grill business in strategic
locations where you can easily attract socialites
and people who love nightlife.
The fact that in Ghana people will always
hang out in bars makes it one of those businesses
that are in high demand and it is also profitable.
The bar and grill business is one of the
businesses that an entrepreneur can
successfully start in the corner o
a busy street without breaking the bank for cash.
5. Open a Beauty Supply/Cosmetics Store
There are avalanches of beauty products that are
seen on the shelves in stores all around Ghana.
These products have various uses and they meet
the requirements of folks in different ways.
It is important to point out that the beauty supply
business is one of the businesses that can’t go out
of fashion simply because of the role it plays in
society.
Depending on the scale you want to start,
the startup capital for this type of business
can be considered to be moderate.
As a matter of fact, you can start your own
beauty supply store and then grow it big within
a short period of time by reinvesting your
profits back to the business.
6. Events planning
Ghanaians celebrate various types of
events and occasions across the country.
Most times they may require the services
of an event planner particularly if they
want the ceremony to move perfectly.
If you have top-notch planning skills,
you can test try your hands at this business.
You should also advertise your services to
your loved ones, neighbors, and acquaintances.
With a few excellent jobs, your business will
grow via constant referrals.
7. Start the Production of Bottled Water
Another thriving business that an
aspiring entrepreneur can start
in Ghana is the production of bottled water.
Production companies in the bottled water
industry basically purify and bottle water
into plastic and glass bottles for consumption.
The bottled waters are properly
capped and labelled before being
sold to the general public.
needless to say, there are readily
available markets for bottled water
in Ghana because every human on the
face of the earth needs to drink clean water
to survive.
The bottom line is that the economic recession
hardly affects the rate of consumption of
bottled water, especially during the
summer (hot) period.
8. Start a Commercial Cleaning Company
There are loads of business opportunities
in Ghana and any entrepreneur who desires
to start a business in Ghana can successfully
start a commercial cleaning business and
generate good returns from the business
with a short period of time.
This is because the commercial cleaning
industry is a thriving industry in Ghana.
This type of business can be started by
anybody as long as you have eyes for details
and cleanliness.
If you have experience
in this regard, it will be easier for you
to start and effectively run a cleaning business.
9. Open a Fabric Store
A fabric store business is one of the
many businesses that can be started in
any part of Ghana and the owner of the
business can still generate good turnover
year in year out.
Entrepreneurs who intend to start a fabric
store business can as a matter of fact start
from their car or garage.
The bottom line is that there is always a
ready market for fabrics. All a fabric retail
store needs to do is to ensure that they have
quality fabrics both locally and from different
parts of the world, and also ensure that their
fabric store is be considered.
10. Second-hand shoe
business
We love quality shoes and bags but not
everyone can afford the brand new ones
so this has led to a sharp increase in
the second-hand shoe market.
Get a nice place that you can display your goods
such as in front of shopping malls and
at a place where people commute daily to work.
Go to any fairly used products market,
you may go to the border or Cotonou.
Select fairly quality used shoes, look for
designs that are very fashionable. Sometimes
you make a profit of GH₵10 for a single sell.
11. Office Supply
As we all can see that there is a lot of
people who work in the office, they find
it difficult to go out to the market to buy
some setting things like wristwatches, shirts,
ties, and perfume.
Help them to do the shopping and charge moderately
things for GH₵5 Ghana cedi and want to sell it at
GH₵10 cedi in the name of office supply.
Some of them lie that they bought the things
from oversea just to sell it unacceptable price
if you are honest with your business and charge
reasonably, you may have a huge supply contract
from some of the people you will meet at the offices.
GH₵500 will do good in this type of small-scale
business in Ghana and you are going to be glad
at the bricks business you will be making.
If you are looking to scale your business at
a cheaper cost you will need a graphic designer
and a digital marketer to boost your new brand.
sharkshive.com will connect you to both of them
at a manageable cost.
12. Open a Frozen Food Shop
A frozen food store is a retail outlet where
different frozen foods are sold and it is a
business that can be started in any location
in Ghana.
A frozen food store is a very easy business to
start and it is not so capital intensive.
Getting the right products that people want
to buy and good record keeping are the secrets
of running a frozen food store.
A frozen food store can be run offline in the
conventional retail store or online on an
online e-commerce retail site.
13. Soap, Washing Powder and Synthetic Detergent Manufacturing Company
Starting this type of business means that you
will be involved in the manufacturing of
products such as laundry soap, transparent
soap, translucent soap, toilet soap, medicated soap,
industrial soap, soap flakes, soap powder, and
synthetic products.
Synthetic products include household and industrial
detergents used for cloth washing, dishwashing, body
and hair washing, etc. The fact that laundry
detergents are used in all homes and laundromats
makes the product an essential household commodity.
Any entrepreneur who intends to go into this
business should plan rightly and research
thoroughly so that the risks in the business
can be greatly minimized.
14. Freight Packing and Logistics Services Business
A freight packing and logistics services business
is a business that provides consolidation of
freight consignments, trade document preparation,
packing, crating, and otherwise preparing goods
for transportation and logistics consulting services.
With this type of business, you can choose to
operate from any part of the country as long as
there are businesses and people who will patronize
your services.
The truth is that a freight packing and logistics
services business is a profitable business in Ghana,
even though it is capital intensive.
Getting the right medium (motorcycles, drones,
and delivery vans and trucks et al) and
good tracking devices are some of the
secrets of running a successful freight
packing and logistics services business.
15. Photography Services
Ghanaians tend to have great love photography.
They will also pay good money to photographers
that can create exciting images, therefore I
wouldn't be wrong if I listed photography services
as one of the profitable business ideas in Ghana.
Even if you don’t know how to use a camera,
you can learn the required skills from online
tutorials or can even find a professional
photographer to tutor you. With excellent
marketing skills, you can earn a favorable
income from this business.
16. Open a Smoothie Bar
Ano ther thriving business idea in ghana
that can be started in any part of the city
is a smoothie bar. A smoothie is a blended,
sometimes sweetened beverage primarily made
from fresh fruit or vegetables combined with
ice, frozen fruit, or other frozen ingredients.
Some juice and smoothie bars give their clients
the option of add-ins, such as soy milk, whey
powder, green tea, and herbal or nutritional
supplements.
A smoothie and juice bar might not be entirely
easy to start, but one thing is certain, it is
a straight – forward business that can generate
steady profits if well positioned and properly managed.
17. Catering Services
If you have great cooking and organizational
skills, consider setting up a catering service.
This is one of the top business ideas in Ghana
which stands as a lucrative one due to the huge
number of celebrations and events that occur daily.
Conclusion
Here we have it, some of the top 17 business
ideas in Ghana that will yield high profit
and also bring a solution to some of the problems
people are having on a daily basis.
However, do ensure you carry out proper research
and analysis before choosing any of the business
ideas mentioned in this article.
If you have great cooking and organizational skills, consider setting up a catering service. This is one of the tops