Have you ever thought about starting a business in Ghana with less than 2000 Ghana Cedis? This isn’t a pipe dream; it’s a very real opportunity to work in one of Ghana’s fastest growing businesses. This opportunity is particularly appealing due to its low initial investment requirement, which greatly reduces the risk of running into financial difficulties.
Starting a business does not always necessitate a large investment. You can achieve financial independence and success with determination, creativity, and a small investment of less than 2000 Ghana Cedis.
In today’s hard economic environment, relying solely on your monthly paycheck may be insufficient. As a result, it is critical to actively seek out and establish additional income streams that can supplement your earnings.
In this article, onemediagh.com explores some of the fast-growing businesses you can start in Ghana with a relatively small budget.
Beads have a profound significance that goes beyond their role as artistic expressions. They serve as tangible reminders of significant life events, such as birth, marriage, and death. Engaging in bead making is yet another entrepreneurial endeavor that doesn’t demand a substantial upfront investment. In fact, it’s a craft that can be pursued with relatively modest resources.
The demand for graphic design skills in Ghana has increased in recent years, and it’s widely known that these skills are among the highest paying in the country, especially given their importance in a variety of technology-related fields. Graphic design is a practical necessity for businesses, marketers, and individuals seeking to effectively communicate their messages in today’s visually-driven world. The potential for growth makes graphic design an especially appealing business venture.
Running a barber shop is undoubtedly a lucrative business option in Ghana, and it doesn’t require a substantial initial investment. In fact, it’s a testament to the thriving grooming industry in the country. To illustrate the profitability, let’s take a closer look at some of the dynamics. In the current market, barbers typically charge around Ghc15 to Ghc 20 for an adult shave. Shaving an average of 10 adults in a day earns you Ghc 150 to Ghc 200 daily.
Credit transfer business
This is one of the most profitable businesses in Ghana because 9 out of 10 people use mobile phones for calls and internet services, both of which require credit recharges to be enabled. You don’t need much to start this business
Cakes, oh, they are an irresistible delight! The mere thought of a well-baked cake can make mouths water and hearts flutter. But here’s the thing, not everyone has the knack for baking these delectable creations, and that’s where your extraordinary baking services come into play. Designing and decorating cakes and cupcakes for a variety of occasions, such as birthdays, weddings, and anniversaries, presents a great business idea with the potential for significant profit.
Sale Of Mobile Phone Accessories
Selling phones and accessories can be a highly profitable business venture. Because of the widespread use of mobile phones in Ghana, there is a high demand for phone accessories. A phone accessory business can be started with a small investment. To cater to different customer preferences, provide a variety of accessories such as phone cases, screen protectors, and chargers.
Private tutoring is a business venture that does not require a large initial investment. You can get a whiteboard, markers, and all the materials you need for your teaching process for a reasonable price.
There are many people in our community who are knowledgeable about various subjects, as well as parents who are eager to invest in their children’s education. If you have a strong desire to make a positive difference in the world through the spread of knowledge, this is a fantastic opportunity. And if you happen to excel in any of the fundamental subjects, your chances of success in this venture are even better.
Starting a catfish farming
Starting a catfish farming venture offers an enticing chance that blends the potential for making money with the benefit of not needing a large initial investment. This business approach provides a route to profitability that’s open to people who have a basic grasp of the trade and are ready to invest less than 2000 Ghana Cedis in essential items like tank, fingerlings, and quality fish feed.
Liquid Soap Making
Making liquid soap is a profitable and easy-to-start business with a high profit margin. Making liquid soap is a low-cost business that has grown in popularity in recent years. The ingredients are reasonably priced, and you can start your soap-making business with as little as 1000 Ghana Cedis. Liquid soap is in high demand for both residential and commercial applications, making it a profitable choice.
In Ghana, delivery services represent a business opportunity with a low initial investment. Starting with a capital with GHC2000 is more than enough to launch your delivery business. You can start your courier or delivery business with a motorbike and a reliable mobile phone. Your services include package and document delivery, as well as transporting food, groceries, and medicines.
Another intriguing option for those with little money who yearn for sizable profits is starting a cleaning service company. This industry is currently experiencing a surge in demand in Ghana, regardless of whether you choose to cater to the cleanliness requirements of offices and commercial establishments or provide cleaning solutions for homes. You can set up your company as a cleaning service, hiring a team to complete the work while you pay them
Ghana is a country where entrepreneurship is booming, and you don’t need a lot of money to start a successful business. These rapidly expanding business concepts can be launched with as little as 2000 Ghana Cedis or less. Remember that success in any endeavor necessitates dedication, hard work, and a dedication to providing high-quality products or services.
In Ghana’s dynamic business landscape, you can turn a small investment into a thriving enterprise with determination and the right business strategy. So, take the first step towards realizing your entrepreneurial ambitions today.