This post will examine various profitable business ventures that anyone in Ghana can launch in 2022. Anyone can try their hand at these business ventures because they are quite successful on their own.
Profitable Business Concepts.
Many people in Ghana lack employment due to the country’s high unemployment rate. Being without a source of money is not ideal. Young business people are seizing possibilities to launch their companies. In Ghana, you can launch your own company as well.
We will be spotlighting the top 33 profitable company ideas in Ghana for 2022 since it gives us great pleasure to watch you thrive.
Mobile Money Agent
I think you’ll agree that mobile money is a highly common way to bank in Ghana. You can sign up to work as a mobile money agent, earning commission on each transaction.
To provide mobile money services as a MoMo agent, such as registration, cash-in, cash-out, airtime vending, and bill payments, you must be registered with a mobile money provider.
Nowadays, the majority of retail establishments take payments for goods and services using POS machines. It enables you, the cardholder, to use debit or cash cards to access money and information in your bank account in real time online.
We live in a fast-paced world, thus being a POS Agent in 2022 will be highly lucrative because it keeps society going.
Laundry service is one of the most successful small business ventures. You may launch a successful washing business with little start-up money.
Its not necessarily to need all the equipment to start your firm, which is an intriguing feature. You can begin small and eventually become quite large.
As was already established, food is a need in our daily existence. The food industry can never be too crowded since we need to eat to survive. You can establish a catering business and earn decent money from it if you have good culinary skills.
Additionally, your services will constantly be in demand due to the growing demand for catering services at occasions like weddings, dedications, graduations, etc.
Food from mobile restaurants is a vital component of daily life. In 2022, you can launch a mobile restaurant business and profit handsomely from it. Simply distribute food to corporate clients and individual customers as needed when operating a mobile restaurant.
A benefit of this business is that you don’t require a physical location. You only need to provide a means for your customers to place orders. Your advantage over other traditional eateries will be your ability to quickly fulfill customers’ orders.
One of the most lucrative online business concepts is dropshipping. In short, it’s a kind of eCommerce business where you may sell items that you don’t actually own. However, you will also need to market your products on other channels and set up an online store.
The fact that you don’t have to keep inventory of the products is an intriguing aspect of dropshipping. Only after your consumer has paid and the item has been delivered to their address do you purchase from your supplier.
Event Planning/ Management
One of the most profitable business ventures in Ghana is event planning. Planning events for other people, including weddings, birthdays, dedications, convocations, etc., is all that is required.
In general, an event planner’s job is to relieve the celebrant of the burden of event planning. You should have an office as an event planner, or at the very least, make sure that people can reach you by posting your phone number and contact information online. Additionally, you might need to arrange for food caterers, rent a hall, and handle the setup.
Unis3x Hair Salon
Being attractive is a lucrative business that also costs money. Given that the majority of individuals in society place a high value on looks, you can charge a lot of money to help them.
It is possible to start small and eventually grow your business space. Once you master it, customers will come to your store in droves.
If you like beauty, this line of work is for you. A billion-dollar industry is the cosmetics industry. You must conduct in-depth research on the subject you genuinely wish to tackle before you can begin.
The beauty industry is never saturated. Everyone has a role to play including makeup artist. With people being interested in beauty aesthetics, you can sure make a lot of money while offering your services.
However, to get started, you’ll need to get some training on how to become a professional makeup artist.
Lounge or Relation Center
One of the most lucrative covert businesses exists. In Ghana’s affluent cities, running a spa can be a reliable source of revenue.
Many people, especially those in the working class, are always looking for places to unwind after a long day at work or on the weekends. If it also serves as a viewer, it generates additional revenue.
The conventional business of buying and selling is still a very lucrative one. To make money from mini-importation, you need to, first of all, learn what it is. I recommend you read our guide on how to start a mini importation business in Ghana.
In addition to that, you can get free e-books on how to import cheap goods from countries like China, Vietnam, Australia and sell them in the Ghanaian market. It is good to import products with high demands.
Network marketing has come to stay and believe me, it’s very lucrative if you have the flair for it. This form of marketing has laid a foundation for you to earn via referral bonus.
Interestingly, network marketing is also going digital. This ensures sustainable growth and progress of businesses. In 2022, anyone that can pull a number of referrals for a business will be a well sought-after individual.
One of the business ideas that readily comes to mind is fashion design. Interestingly, this business has been around for years, however, the industry is ever booming. You can start a fashion designing business today and make a lot of money from it.
You can choose which area of fashion to venture into. However, if you’re starting big, you can open a fashion house for every type of fashion. You could for fabric, cotton, casuals, and corporate wears.
This is a business of the 21st century and it’s not going anywhere anytime soon. With no capital and little technical know-how, you can get started. However, you’ll be required to run organic and inorganic campaigns, sponsored social media advertisements and Google Ads for clients in order to achieve maximum digital marketing results. Your clients will expect impressive ROIs so you have to give it your best shot. This is one other lucrative business idea for 2021.
A digital photography business is one of the most lucrative business ideas in Ghana. If you know how to handle a camera and make people look even more beautiful, then this business is for you.
However, if you have no prior idea about photography, I recommend you get some training. Also, there are so many online resources where you can learn more about photography.
Another lucrative business idea you can explore in 2021 is interior decoration. This business is all about aesthetics. You will be in charge of tasks such as selecting colour schemes, purchasing new design items, arranging furniture layouts, and hanging wall art. Think of yourself as an expert who can help people bring an entirely new look to an existing space.
Mobile Phone Accessories Sales
The typical sale of mobile phone accessories can never go stale. Mobile phone owners will continue to increase and will continue to be in need of accessories. You may need a little start-up fund to purchase some ground accessories but once fully invested, your profit is guaranteed.
Mobile Phone Repairs
This is a good business idea that can fetch you a good amount of money in 2022. However, you’ll need to learn how to repair and maintain mobile phone. Interestingly, with less capital, you can get trained and also set up your business.
All you need to start is a little training, a laptop, software tools, some regular home tools (screwdriver, soldering iron, brush, battery tester, etc.) and some marketing to let people know what you do. Additionally, you also incorporate sales of mobile phone accessories t your business.
Liquid Soap Production
The market for liquid soap in Ghana is so large that the well-established brands are not meeting demand. Every household in the country needs this product. So there will always be a demand for it. You just have to be the one supplying.
To get started, you may have to acquire some training that is available at vocational centres run by churches, government, and non-governmental organizations. Create a large market by branding and fine packaging.
Concrete Block Production
If you’re in the construction industry, you should actually be looking at the concrete block production business. This business is all about making concrete blocks for building. You can get a machine for block moulding and save yourself some trouble.
With a fast-growing population, the need for shelter especially in the urban areas is fast rising and if you can provide concrete blocks and other services when needed
Health and Fitness
Another lucrative business idea in Ghana is by promoting health and fitness. Recently, fitness has become a trend in Ghana. All you need is experience and proper documentation to get started.
Once that is done, you can set up a gym or fitness studio. You might also consider the cost of buying gym equipment.
If you have zero capital but you have years of experience plus a compelling weight loss success story, you could offer personal training services. If you’re a regular gym member, you may invite your clients over, or you could also provide home service.
Start a Travel/Tourism Agency
Starting travel or tourism agency can be a little bit on the high side, but the profit is enormous. This business will need time to mature, however, in the long run, your business will become a household name.
To start up this business, it’s very important to create a website, rent an office and hire at least two travel agents.
Another lucrative business that actually pays well is the car wash business. The need for car wash will always be on the rise and anybody can do this business irrespective of age.
With a little more capital, you can start a car wash that appeals to upwardly mobile individuals by setting up a sitting area decorated with a TV set where your customers will sit while their cars are being washed.
To become a top-notch graphics designer, you will need to have taken some online courses to polish your skills but after that, everything else comes with ease and so also the profits. Graphic designing is a well sought-after business that will definitely go beyond years to come.
One of the most profitable online business opportunities in Ghana is blogging. Though it requires a bit of hard work and patience, it is a business that can generate you a consistent income for a long time if you do it right.
To be successful in this business, your aim must be to create value and help them solve their problems. Once you do all these things, the money will be coming in overtime.
We have written a comprehensive guide on how to start a blog in Ghana for beginners. I encourage you to take your time and go through it.
Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You first have to find a product you like. Then promote it to others and earn a piece of the profit for each sale that you make.
Start a Bookmaking Business
A lot of people might want to bring up the moral justification of bookmaking. However, it is one of the most successful ways of making money in Ghana.
Bookmaking and sports trading business is one of the most lucrative businesses in Ghana. It is also one of the businesses that require the highest capital to set up. If you have the cash, you should look into sports bookmaking.
The Rental service business is a very lucrative one. Some of the things you can start contracting out includes chairs, canopies, vacuum cleaners, cutleries, cooking utensils, music box, ladder, etc. Once you are known to be engaged in this business in your environment, you may not be able to meet demand.
If you have an interesting range of expensive gadgets or equipment, you might consider exploiting them for side income businesses hiring them out on hourly use basis. If the business gets going, you can add more items as you discover what people like renting.
Eggs Supply and Distribution
Eggs supply and distribution business is one of the most lucrative business in Ghana today. You can supply eggs to restaurants, eateries, schools etc.
Supply of eggs is a business that can be started on a small scale and grow to become a big venture. If you want to go into this business, the first thing you must do is to identify poultry farms that produce quality eggs and/or large egg distributors.
Thereafter, look for your potential customers. Establish contact with them and then you’re good to go.
This is one of the most lucrative business ideas out there. Interestingly, the market is not saturated. You too can venture into this business and make money for yourself. See our guide on how to start a lucrative t-shirt printing business in Ghana.
Yes, you heard it here. Farming is one of the most lucrative business in the world. With food shortage in the country, you can make a lot of money by starting a farm in Ghana. You can choose one of the lucrative farming business ideas to get started.
Thanks For Reading.