Common questions

What is the easiest business to start in Ghana?

What is the easiest business to start in Ghana?

Below are some best small businesses in Ghana that any aspiring entrepreneur can start with GH₵500 or less and make substantial profit in no time.

  • Making Liquid Soap. One of most important ingredients in any kitchen is liquid soap.
  • Second hand shoes.
  • Freelance Writing.
  • Office Supply.
  • Barbering Salon.

What business can I do with 5000 cedis in Ghana?

With a budget range of 3000 cedis to 5000 Ghana cedis or more, you can start a standard barbering shop or beauty salon. Whether you have barbering and hairdressing skills or not you can still set up this business all you have to do is hire skilled barbers and hairdressers and you’re good to go.

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 one do in Ghana?

Top 15 profitable business ideas in Ghana

  • Taxi business. Taxi business will always make you money as people never stop moving around.
  • Catering services. Do you trust your skills in the kitchen?
  • Poultry farming. Image:
  • Home tutoring.
  • Fish farming.
  • Photography.
  • Frozen food shop.
  • Daycare services.

What business sells fast in Ghana?

A truly fast-moving business you can do in Ghana is to sell building materials like cement, iron rods, and processed wood. These goods are highly in demand all over the country.

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 is the fastest growing business in Ghana?

Poultry Farming Number 1 on our list of most profitable business opportunities in Ghana would be poultry farming.

What can I invest 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.

What can I sell to make money in Ghana?

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

  • Start A Blog.
  • YouTube.
  • Sell Your Own Stuff.
  • Use Existing Websites.
  • Freelance Writing.
  • Google AdSense.
  • Sponsored Posts.
  • Consulting.

Which business is profitable in Ghana?

Number 1 on our list of most profitable business opportunities in Ghana would be poultry farming.

How can I become a millionaire in Ghana?

How To Become A Billionaire In Ghana

  1. Invest in yourself. You have heard that “education is the key to success!”
  2. Get serious about your savings.
  3. Cut unnecessary spending habit.
  4. Start a side hustle.
  5. Build a business.
  6. Hire a financial advisor.
  7. Make smart investments.

What business is booming in Ghana now?

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.

What is the most profitable business in Ghana?

Catering services, no matter the size, is one of the most profitable businesses in Ghana. Though not lucrative to the majority of well-educated Ghanaians , farming as a business has tremendous profit potential. Vegetables, cocoa, mango, maize, palm and cassava are some crops with high potential.

How do I start a business in Ghana?

1) Develop a Business Plan from your ideas or goals 2) Get your Tax Identification Number (TIN) Secure your TIN in a Bank, any Ghana Revenue Authority branch or the Registrar General’s Department. 3) Register your business at the Registrar General’s Department. The full names of the first directors of your company. 4) Open a Business Bank Account 5) Apply for Business Operating Permit from the Metropolitan /Municipal / District Assembly. 6) Register for Social Security. Book an appointment at the nearest SSNIT office. Take the required documents to the nearest office.

What are the business opportunities in Ghana?

Ghana is one of the countries with the highest levels of economic growth. There are quite a number of best business opportunities in Ghana 2018 for someone who wants to venture into the world of business and make good money. Ranging from manufacturing, oil, agriculture, service industry and online businesses, there are opportunities for everyone.

What is the best investment in Ghana?

The stanbic bank is widely recognized in Ghana as it was adopted from the standard bank. This bank has branches all over Africa. It offers the best investments in Ghana with handsome interest rates and deposits for all customers. Stanbic Bank, one of the best investment banks in ghana.