Most times, the money required to start small businesses in Ghana is far beyond what average Ghanaian entrepreneurs can afford.
This post will take burdens off you as I have taken time to come up list of small businesses in Ghana with good Return on Investment (ROI).
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.
Another business opportunity in Ghana that has gained a lot of strength in recent years is that of gyms.
Many Ghanaians are concerned about their body image and the overall state of health.
Little by little, it has been possible to create an awareness of the serious problems that come with a sedentary lifestyle, and that is why more and more people join the gyms.
Some gym facilities in Ghana offer a subscription to customers, and it does not matter if the client makes use of the gym or not, he is obliged to pay.
That is one of the reasons why gyms are profitable in Ghana.
An innovative gym, well located, offering personalized attention, excellent facilities, and dedicated professional gym instructors has many chances to succeed.
Starting a washing bay in Ghana is a profitable venture every entrepreneur will make.
All that you need is an excellent location for your car wash business, the right equipment, and an excellent marketing strategy.
Another thing to consider is how you will finance the business. Try to keep the operational cost to the minimum while maintaining high-quality service. As a rule of thumb, treat every car as your own!
One of most important ingredients in any kitchen is liquid soap. It is needed to clean up dishes and other kitchen utensils. You do not need GH₵500 to commence this business and if you are diligent, you could make a fortune any time.
After manufacturing the soap, you will need a graphic designer and a digital marketer to boost your new brand.
This is a very lucratively business. Find a small shop or cubicle at any major school in Ghana. It is equally good in populated areas but most shops are very expensive in town.
Go into an agreement with a barber, if you can’t do the barbering yourself and invest GH₵500 in getting tools and equipment for the shop. You should see money each day, assuming you charge GH₵5 per cut you will be making GH₵50 barbering 10 people.
After starting the barbering salon, you will need a graphic designer and a digital marketer to boost your new brand.