What business can I do with 5000 cedis in Ghana?

Which kind of business can I start with 5000?

10 Small Business Ideas to Start with 5k

  • Sell African beadwork ( earrings, necklaces & pendants) …
  • Design and sell sofa pillow cushions. …
  • Create Africa-themed wall hangings. …
  • Design and sew eco-friendly shopping bags. …
  • Sell eco-friendly packaging and shopping bags. …
  • Sell cosmetics like nail polish and lipstick.

What is the most profitable business in Ghana?

20 Most Profitable Business Ideas in Ghana 2021

  • Poultry Farming.
  • Snail Farming.
  • Vegetable Farming.
  • Uber.
  • Day Care Centre/Basic School.
  • Photography Services.
  • Barbering Saloon.
  • Gym/Fitness Centre.

What is a good business to start in Ghana?

Top 15 profitable business ideas in Ghana

  • Taxi business. Taxi business will always make you money as people never stop moving around. …
  • Catering services. Do you trust your skills in the kitchen? …
  • Poultry farming. Image: unsplash.com. …
  • Home tutoring. …
  • Fish farming. …
  • Photography. …
  • Frozen food shop. …
  • Daycare services.

What business can I start with little money in Ghana?

100 Business Ideas You Can Start with Ghc100 or Less in Ghana

  • Buy and sell domain names.
  • Buy expired domain names and resell.
  • Social media management.
  • Setting social media profiles for others.
  • Review products online.
  • Write online articles.
  • Become a Copywriter.
  • Buy and Sell Phone Credit Cards.
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What should I do for 5K?

How to Invest $5,000 Starting Today

  1. Invest in Fractional Shares with Robinhood. …
  2. Beat Your Savings Account Rate with BlockFi. …
  3. Build a Micro Real Estate Portfolio with Fundrise. …
  4. Start a Roth IRA. …
  5. Let Robots Invest for You With Betterment. …
  6. Diversify by Investing in ETFs. …
  7. Invest in Your Kids Through a College Savings Accounts.

How can I invest 5000 KSH?

How To Invest Ksh5,000 – 10 Practical Business Ideas

  1. (1)Invest in unit trusts. …
  2. (2)Invest in a Sacco. …
  3. (3)Hire a Laptop, Pay For Internet & Start Online Freelancing. …
  4. (4)Start a Blog. …
  5. (5)Write and sell eBooks. …
  6. (6)Buy airtime scratch cards in wholesale and re-sell. …
  7. (7)Mobile food delivery. …
  8. (8)Start small with stocks.

What business sells fast in Ghana?

Toiletries

If you’re looking for a fast booming business, toiletries is definitely one. The sales of tooth pastes, shaving sticks, diapers, toilet rolls, sanitary towels, wipers, etc have skyrocketed as these items have become a major necessity among Ghanaians.

What do Ghanaians buy most?

Market strategy for Ghana. These products are in high demand, however, the ability to source the products (good quality) at competitive prices and have a long term strategy will determine your market success.

What products are in high demand in Ghana?

Phones and Accessories

Top-selling brands that are found in Ghana are Apple, Samsung, Infinix, Tecno, Huawei, iTel, Nokia and much more. The rate at which these products are in demand is quite overwhelming. Apart from mobile phones, accessories are also in high demand.

How can I make money fast in Ghana?

Here are some of the most common ways in which lots of people from Ghana could earn money online.

  1. Start A Blog. …
  2. YouTube. …
  3. Sell Your Own Stuff. …
  4. Use Existing Websites. …
  5. Freelance Writing. …
  6. Google AdSense. …
  7. Sponsored Posts. …
  8. Consulting.
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What should I invest in Ghana?

Here are 5 ways to invest your money in Ghana

  • Fixed deposits. Also referred to as term deposits are quite straightforward as they employ the simple interest formula for calculating interest. …
  • Mutual Funds. …
  • Shares. …
  • Treasury Bills. …
  • Bonds.

What business can I start with 500 cedis in Ghana?

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.

  • Making Liquid Soap. One of most important ingredients in any kitchen is liquid soap. …
  • Second hand shoes. …
  • Freelance Writing. …
  • Office Supply. …
  • Barbering Salon.