Profitable Businesses to Start in Ghana with Little Capital

The unemployment rate in Ghana is quite alarming! But the good news is that the country has the best opportunities for small businesses to drive. The most challenging part is finding&n

The unemployment rate in Ghana is quite alarming! But the good news is that the country has the best opportunities for small businesses to drive. The most challenging part is finding capital to start a business in Ghana. However, this shouldn’t be a barrier to start your own business in the country. There are numerous small business niches in Ghana to start with little capital.

The majority of these small businesses don't require much amount of startup capital. In this segment, we’re going to highlight 10 profitable businesses to do in Ghana with little capital.

1.  Barbershop/ Salon

Everyone likes to look fine daily.  The barbershop or salon business has become a lucrative business idea across the country.  Most women and men like to get their hair done at least after 2 weeks.

To start a salon or barbershop, you need a structured store, a great stylist, and the best place to get your business running.  Today, it's one of the best businesses to do in Ghana with little capital.

2.  Catering Business   

If you've an interest in the food business or love cooking, you can start a catering business.  Once your business empire drives, you can hire a professional to help you with cooking and even take your business to next level.

The catering business requires little capital than any other business out there. Today, it's more lucrative because of the huge number of events and gatherings that occur daily.

3.  Event planning     

The event planning business has become the talk of the town! Every day, there are several gatherings and events across the country. In most cases, an event is required to assist organize such events. So, if you like organizing and planning programs, you can start this small business opportunity.

That untapped opportunity doesn’t require huge capital to start. The only amount you’ll need will be for marketing your business to get customers.

4.  Day Care business

The daycare business is highly in demand in Ghana. This business has become much popular because most parents are busy working during the day. The good news is that you don't have to take care of the kids by yourself, just recruit a person who has a passion for kids to do the task.

Starting a daycare business require little capital, so grab the opportunity now. However, since the daycare business deals with kids, it’s necessary to put guidelines in a place like high hygiene and security.

5.   Sewing Business   

Sewing business is another small business idea to start in Ghana with little capital.  Although sewing requires some skills, its gains are undisputed.  You can charge a fee for making cloth, designing, and altering clothing.  Also, hone your skills to make handsome profits from the sewing business.

Normally, many Ghanaians love to wear African prints to church on Sundays. That means every week there will be a customer waiting for her/ his fabric to be sewn in so that he can get an outfit to wear to church the next Sunday.  The good news is that you can do this business with little capital.

6.  Photography business 

Ghanaians like taking their photo at events and gatherings. That's why the photography business remains profitable in Ghana. Many are willing to pay handsome amounts to get high-quality and attractive pictures. Starting this business requires little capital.

7.  Videography 

Today, the videography business is more popular in Ghana. Almost every day, there's a party or gathering or event happening that needs a guru to edit and record the entire scene.

Ghanaians are ready to pay videographers huge amounts to do the task. There are a lot of materials online that can help you improve your skills. The beauty is that this business doesn’t require more capital to start.

8.  Farming   

Today, the farming business is highly in demand in Ghana. Youths in Ghana have embraced the farming business, preferably agriculture farming.  This business has become one of the most profitable business ideas in Ghana.

9.  Taxi business

Every day people move around in Ghana for a different purposes. Not everyone can afford or owns a car.  So, if you’ve a car, register it with a transportation application like Bolt, Uber, or a taxi to make money. However, if you don't like driving long-distance or you’re busy,  hire a driver and pay him/her based on agreed terms. This is a sustainable business to start in Ghana with little capital.

10.             Mini importation business 

Starting a mini-importation business requires little capital. As name as it suggests! Just order a few products from the U.S. or Asia for a cheaper price and sell for a profit in Ghana. 

Products like accessories, electronics, and clothing sell fast in Ghana.  But before diving into this business, ensure you do intensive research in your city.