Have you ever dreamt of being called an international businessperson ?
Profitable businesses: 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 cant 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 .
5 profitable businesses
1. Making Liquid Soap
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 500ghc to being this business and if you are diligent, you could make a fortune any time.
2. Second hand shoes
We love quality shoes and bags but not everyone can afford the brand new new ones so this has led to a sharp increase in the second hand shoe market .Get a nice place that you can display your goods such as in front of shopping malls and at a place where people communte daily to work.
Go to any fairly used products market , you may go to the border or Kotonou . Select fairly quality used shoes , look for designs that are very fashionable . Sometimes you make profit of 10 Ghana cedi for a single sell.
3. Freelancing Writing
Many people feel this is farfetched because it requires some writing prowess. It is really not that difficult. Yes, you need to know how to write, but human mind can learn anything as long as you determine to do so.
If you have skill in writing already then all that you need is laptop, notepad and internet connection. You should also consider signing up on as freelancer on sharkshive.com . Sharks Hive will bring you a lot of clients and also also handle your payment negotiations leaving you with the peace of mind to focus on improving your skills in writing
In no time, you could be earning not just in cedis but in dollars, try it today, you probably wouldn’t spend up to GH₵500. – profitable businesses
4. Office Supply
As we all can see that there is a lot of people who work in the office, they find it difficult to go out to the market to buy some setting things like wrist watches, shirts, ties and perfume.
Help them to do shopping and charge moderately, don’t be greedy like other suppliers who buys fake things for GH₵5 Ghana cedi and want to sell it at GH₵10 cedi in the name of office supply.
Some of them lie that they bought the things from oversea just to sell it unacceptable price if you are honest with your business and charge reasonably, you may have huge supply contract from some of the people you will meet at the offices.
GH₵500 will do good in this type of small-scale business in Ghana and you are going to be glad at the bricks business you will be making.
If you are looking to scale your business at a cheaper cost you will need a graphic designer and a digital marketer to boost your new brand. sharkshive.com will connect you to both of them at a manageable cost.
5. Barbering Salon
This is very lucratively business. Find a small shop and cubicle at any major school in Ghana. If equally good at populated areas but mostly shops are very expensive in town.
Go agreement with a barber, if you can’t do that of 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. sharkshive.com will connect you to both of them at great cost.
These are some business you can you can start up with GH₵500 or less in Ghana