Have you ever dreamt of being called an international businessperson?
Do you desire to be known as serial entrepreneur?
Do you have only 500ghc to start a business?
If your answers to the questions above are yes, this article is for you.
Most times, the money required to start small business in Ghana is far much beyond what average Ghanaians entrepreneurs can afford.
Have you ever conceived a business ideas so bright that it was just a matter of getting it start and the money start rolling in, only to see the idea die because no money to kick to start the business.
That is why 70 percent of Ghana entrepreneurs experience on regular basis. Sometimes, the little money that you have can’t just be enough to start anything reasonable no matter how hard you tired.
Because of these, many people are finding difficult to figure out any business they can start with small amount of money and make reasonable profit.
This post will take burdens off you as I have taken time to come up list of small business with good ROI, below are some best small business in Ghana that any aspiring entrepreneur can start with 500 Ghana cedi or less and make substantial profit in no time.
1. Making Liquid Soap
The market for liquid soap in Ghana is so large that the well-established brands are not meeting demand.
Every household in the country needs this product. So, there will always be a demand for it. You just have to be the one supplying.
If you look around you, you will find homemade liquid soaps with no branding at all, packaged in used plastic bottles being sold for between Gh₵ 2 and Gh₵ 4. This is one of the major investment opportunities in Ghana today. You can make so much money producing liquid soap and selling to supermarkets and other shops that retail to end-users, restaurants, bakers, caterers, and home keepers.
You may have to acquire some training that is available at an accredited vocational institute like Creators Foundation Ghana. You can WhatsApp them on: 0206531134 to schedule an appointment for a practical private (One on One) training in soaps and cosmetic products making. Create a large market by branding and fine packaging and you will smile to the bank.
2. Fast Food Business
You can never go wrong in the Fast Food business. Lots of Ghanaians, especially bachelors, depend solely on foods made in either restaurants or eateries. This is due to their inability to prepare these meals themselves, or just the laziness in making them. You can start small in stands or kiosks, or a real building depending on the amount you have as capital.
2. Mini Importation Business
The internet has redefined trade and commerce. Many people have struck gold by importing items online through eCommerce sites like Alibaba, Aliexpress, 1688.com DHgate, global sources, etc. With less than GH¢1,000 you can start this business.
What you have to do is identify the little, little things that people need; search these eCommerce sites, find a procurement agent who will buy the items and send to you, sell locally and make your profits.
Even with the falling value of the Cedi, people who are engaged in this business still smile to the bank. Items you can import and many varied and may include; mobile phones accessories, cosmetics, fashion items, etc.
Learn How to Start Mini Importation Business in Ghana. CLICK HERE