Goodlifenews2 days ago
Starting a business in Ghana doesn’t always require massive capital. With just GHS 10,000 or less, you can launch a small venture that has the potential to grow steadily. Here are seven business ideas that are practical, affordable, and profitable in the Ghanaian economy:
1. Mobile Money Business
Mobile money remains one of the most lucrative small businesses in Ghana. With a simple kiosk and registration from MTN, Vodafone, or AirtelTigo, you can begin serving customers who need to deposit or withdraw cash daily.
2. Food Vendor or Street Food Joint
Ghanaians love street food. Starting a small food stand that sells waakye, fried rice, or kelewele can be highly profitable. You can begin with basic cooking equipment and a roadside location.
3. Phone Accessories Retail
Selling phone cases, chargers, power banks, and earphones is a fast-moving business. A small investment in stock and a good location can quickly pay off.
4. Cosmetics and Skincare Products
Beauty products like creams, perfumes, and soaps are in high demand, especially among young people. You can sell these online or from a small shop.
5. Liquid Soap and Detergent Production
With a few chemicals, training, and containers, you can start producing and selling your own branded soap. Demand is consistent among homes and schools.
6. Thrift Clothing Sales (Bend-Down Boutique)
Importing or buying bales of second-hand clothes for resale is affordable and profitable. Social media platforms like Instagram and TikTok have made this business even more accessible.
7. Freelance Graphic Design and Printing
If you have design skills, investing in a laptop, design software, and a printer can launch you into the world of flyer, invitation, and business card design—services always in demand.
With proper planning, location selection, and marketing, these businesses can offer a reliable income stream and the opportunity to scale over time.