Lucrative Businessess In Ghana
Anyone can start these business with as low as 500ceedis, 1000cedis, 2000cedis, 5000cedis and 10000cedis depending on your capital and how you want your profits to be.
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Profitable Business To Start With Low Capital In Ghana
1. Plantain Chips Making
Move around the street and you will see different brands of Plantain chips on sale and it sells very very fast.
People like chewing stuffs like plantain chips and there is no end to it, so if you can engage in the business of producing and supplying it to retailers and hawkers, you will be making good money on daily basis.
All and what you needed are: Big Frying Pan, Small Sealing Machine, The Nylons and Labels, Other Utensils. The rest goes into buying of Plantains and logistics. Supply to the shops and to hawkers and make regular money on regular basis.
You can start a plantain chips business with leas than 1000ceedis and make good profits in no time.
2. Second Hand Shoes Business
We like quality leather materials and that’s why until recently all my shoes and bags are bought from the fairly used shoes and bag sellers.
Instead of patronizing those fake China shoes and bags, they prefer to buy high quality fairly used ones which last longer and confer you with more respect. Get a nice place where you can be displaying your goods such as in front of shopping malls.
Go to any fairly used products market, you may go to Seme Border or Kotonou. Select quality fairly used shoes, look for designs that are very fashionable. Sometimes you make profit of up to 10 Ghana Cedis from a single sell.
3. Used Books Business
You usually see them by the roadsides and you’re wondering if the sellers are making money from those books on display?
Try it and see! You will be surprised at the profit margin, and you will be amazed at the rate at which Ghanaians buy different kinds of books.
Follow the same process as with the used shoes but you buy at different markets. Used books are sold mainly in importers warehouses, locate one and go there to select nice used books, Children books, Professional books, Handcraft books, etc.
These types of books sells very fast with high profit margin. 500 Ghana Cedis is more than enough for a starter.
4. Office Supply Business
People who works in the offices finds it difficult to go out to the market to buy certain things like Wrist Watches, Shirts,Ties, and Perfumes.
Help them do the shopping and charge moderately, don’t be greedy like other suppliers who buys fake things for 5 Ghc and wants to sell for 10 Ghc in the name of office supply.
Some of them even use to lie that they bought the products from oversea just to selling at unacceptable price If you are honest with your business and charge reasonably, you may even get huge supply contract form some of the people you will meeting the offices.
500 Ghc will do good in this type of small business in Ghana and you are going to be glad at the brisk business you will be making.
5. Road Side Foods Vending Business
If you are the hard working type, this small business in Ghana may be for you. We’ve seen people buy cars and build houses from this business.
It’s one of the few businesses that guarantees steady flow of income no matter the weather and no matter the economic situation.
Specialize in cooking Rice and Beans, Fried Plantain, Custards, and Fried Eggs. You will be come the best friend of the people and the people will be your friend! Look for a hot spot, like the bus stop, near Motor and Motor cycle parks or busy shopping malls.
300 Ghc will get you all the utensils and small tables and chairs. While 200 Ghc goes for food items and settlements.
6. Roadside Fast Food Corner:
This is an old tried and tested business. If you wish to reap the rewards surely, but steadily, food is an excellent business domain.
Food is an essential need and its demand can never come down. Thus, it is considered a money-making activity. If you are hard working and wish to test your culinary skills, you can opt for this business choice.
Maintain quality, good portions, be exceptional and create your own brand.
Follow these simple tips and first time visitors will quickly become regulars.
7. Website Designing Business
This is quickly growing to be one of the most favorable and budding business domains for young entrepreneurs, not just in Ghana, but also across the globe.
All you need to have is a deep and clear understanding of online processes, marketing strategies, SEO tactics and legal guidelines. This is cost-effective, futuristic, gainful and customer-focused.
Learn the skills needed and get started, it only requires about 1000 cedis for laptop and the rest follows.
These business ideas can fetch you steady income in ghana and is considered as one of the most lucrative business found in ghana.
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