Analyse the Prospective Area and Customers Before Starting Business in Ghana
Everybody will be happy and satisfied if they can make some money through a business. Most people lost their jobs, and some had a decrease in their salary due to the effect of COVID-19. Starting a business can be an opening to a new horizon.
Employment is still difficult in Ghana. The growth of unemployment among graduates has forced them to think of ways to earn money. Many of them have started their small business to earn a livelihood. If you’re planning to start a business with low investment, you’ll have to study people’s needs and demands.
FinaceWithDes is an online forum created by Cajetan Desmond, who is a content writer and finance expert. On this website, he provides start-up business ideas in Ghana and different ways of earning money online and saving money before retiring. With the help of this online forum, Cajetan Desmond is trying to provide financial advice to change the lives of Africans.
Best Businesses in Ghana
Taxi business is a never-ending business. People always need a vehicle to commute from one location to another. You only need to buy a vehicle and enroll yourself in any of the taxi-related apps.
If you love cooking and you’re confident about your food, then you can start your catering service. Ghanaians enjoy nicely home-cooked food. This business requires the least capital and it can generate enough revenue.
Ghanaians enjoy meat on every occasion and even during normal lunch or dinner. Hence, running poultry will help you earn money. It may be a little tiring but with poultry, you can sell meat, eggs, and chicken.
If you excel in any subject and love teaching, then home tutoring is for you. You can make a lot of money from home tutoring. Once you’re known by few parents, you can start your online coaching center or home tutoring services.
Ghanaians enjoy fish in their meals. You can start your business with a little space and a pond. Fishing is not as difficult as it seems. All you need is a good source of clean water where you can farm fish.
You can become a professional photographer or a freelancer. Create an online portfolio and post some good shots. Publicize your talent on social media. You will get good results.
Frozen Food Retail
Ghanaians are also looking for an easy way to prepare meals. Understand the local market in your area before opening a frozen food shop. You can sell food items like meat or other items that aren’t available easily.
Since many families are opening businesses and both spouses are looking for jobs in Ghana, so they also need daycare to keep their children safe for few hours. Opening daycare in a potential area is a good decision. Look for an area where there are more offices or a market. It is the best place to open daycare as mothers can drop their kids nearby and check from time to time.
Driving school can ever lose business. You will always find people who are interested in learning to drive. However, opening a driving school might take some time, because you will have to register the business and get the certification.
Various businesses help people in accomplishing their daily necessities, for example, grocery delivery, dry cleaning, etc. Analyze your local market start a business to help your family.