10 Most Profitable Businesses To Start In Ghana
These are the top 10 Most Profitable Businesses To Start In Ghana for every aspiring entrepreneur willing to make money.
Are you a foreigner looking to launch a business in Ghana? Are you looking for a profitable business you can start in Ghana as an entrepreneur? Do you have the capital but are confused about what business venture to enter? Even if you have little to no capital, these business ideas listed on this post will help you shoot a profitable business that will make you a serial entrepreneur.
There are so many business ideas that will make you a successful entrepreneur in Ghana, but for your sake, we’ve listed these 10 ideas to help you get a feel for a business in Ghana.
Profitable Business To Start In Ghana
If you are looking for a business opportunity to start in Ghana, here are some of the best business enterprises you can enter for an unimaginable profit.
#1 Furniture Business
Starting a furniture business in Ghana is the right decision to make. Everyone needs furniture for their home improvement; whether it is made in Ghana or imported, no one cares.
Although the competition is high for the furniture business in Ghana, those who add artistry to their crafts stand out from the market. Ted started his woodworking business from home with no capital, but his designs pave the way for him. And now he’s called Teds woodworking. He started with little carpentry skills and ran a business in a 10×20 feet space with almost nothing.
#2 Start A Cleaning Business In Ghana
It is everyone’s dream to keep their home and workplace tidy and conducive for living, but not many people can do this stuff themselves. And that gives an opening to entrepreneurs looking to shoot their business for the first time. If you don’t mind getting your hands dirty, then starting a cleaning business in Ghana is an excellent way to go.
Starting a professional home cleaning business in Ghana is a lucrative way to make money as an entrepreneur. Most people don’t want to divide their business hours and commit to household chores like a general thorough cleaning, laundry work, car-washing, and the like. Starting this kind of business will give you the chance to work with families, organizations like hotels, schools, business offices, shopping malls, and many more.
#3 Fashion Business
Starting a fashion business in Ghana is one of the most profitable ways of making money. It is an evergreen business model, which means it will be profitable for ages since we can’t do away with our fashion brands and clothing lines. Fashion is a lifestyle, especially in hairstyles, makeups, clothing, footwear, and accessories. Fashion is part of our everyday routine. You can start your clothing line and promote Ghana African wear to foreigners willing to taste our culture if you’re a fashion designer.
#4 Grocery Trading Business
Whether you love it or hate it, grocery shopping is one of those unavoidable chores that we get to do for the rest of our lives because the human body needs food and maintenance. Therefore, starting an online grocery business in Ghana could be a perfect choice for you. Selling grocery items is one of the most profitable ventures of all time.
Grocery stores specialize in selling food, fresh and prepackaged, and nonfood household goods, such as paper towels, toilet paper, cleaning products, and over-the-counter medicines. You can also sell fresh produce, meats, dairy products, and, often, bakery goods alongside canned, frozen, and prepared foods. Start small if you don’t have a large sum of amount to begin, and it will grow as you build your customers locally.
#5 Photography Business In Ghana
Starting your own photography business is a great way to add a second income or a primary income if you work hard. While the photography market is competitive, many photography business owners have been able to find their niche and build a sustainable career. Like most creative endeavors, you need to balance your passion for photography with fundamental business skills to succeed.
Cosmetics are constituted mixtures of chemical compounds derived from either natural sources, or synthetically created ones. Cosmetics have various purposes. Those designed for personal care and skin care can be used to cleanse or protect the body or skin. Cosmetics designed to enhance or alter one’s appearance (makeup) can be used to conceal blemishes, enhance one’s natural features (such as the eyebrows and eyelashes), add color to a person’s face, or change the appearance of the face entirely to resemble a different person, creature or object. Cosmetics can also be designed to add fragrance to the body.
The cosmetics and personal care sector in Ghana is competitive and profitable. Generally, producers of cosmetics in Ghana are growing.
Opportunities exist in the following areas for the large-scale production of these cosmetic ingredients:
Shea butter, Avocado Oil, Castor Oil, Mango Butter, Baobab oil, Neem oil.
#7 Car rentals
Do you love cars? And are you ready to turn your passion for automobiles into making money? Then start a car rental business in Ghana. All sorts of different parties are interested in car rentals. Typical customers include business and leisure travelers, those whose vehicles are out of commission, and businesses. Having the capital to start a car renting business In Ghana is an excellent idea to make you money. Read this post to learn how you can make money with your car and become a serial entrepreneur.
#8 Real Estate Business
A real estate business is a business entity that deals with the buying, selling, management, or investment of real estate properties. According to Wikipedia, “Real estate business is the profession of buying, selling, or renting real estate (land, buildings, or housing).” Starting a real estate business will make you a millionaire in Ghana as an entrepreneur. It has become the most profitable business in Ghana so far.
#9 Bar/Pub Business in Ghana
A bar or public house (Pub) business is another profitable business you can do in Ghana. In Ghana, most people like to have fun and spend time in remote places like nice decorated bars or pubs in the city.
Pubs are where people usually spend their weekends with friends as they enjoy and are merry with all sorts of drinks and beverages. You can make enough money from this type of business in Ghana if only you have time for it.
#10 Smartphone & Accessories Business
Smartphone and accessories are the commonly used commodity in every locality today. Should you want to start a new business venture on your own, consider yourself a mobile phone and accessories business.
All you need to start this type of profitable business is to find a retail location with your business registration with permit.
Mobile phone accessories are additional accessories that can be used in order to gain more functionality from a smartphone. These include cases, stands, Bluetooth accessories and more.
Many consumers use their smartphones to engage with friends, family and brands on social media.
Starting a mobile phone business can be highly profitable and highly competitive in any country.
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