6 Profitable Businesses To Start In Ghana And Nigeria

Pharmaceuticals

If you have received an amount of money and you want to invest in businesses that will bring you money in the coming days, weeks, months, or years, then you are welcome to Myke Educate. Today I want to take you through 6 profitable businesses in Ghana, Nigeria, or any other country that you can start with and make more profits easily without regrets.

This business will serve you and your family as well and put you on the perfect family path. Remember, Myke Educate cares much about you and your family at large, and remember, we are one. 

Let's dive into the six profitable businesses you can invest in;

1. Poultry Farm: 

Poultry Farm

Popularly in Ghana, foods like fried chicken, boiled chicken or toasted chicken, grilled chicken, boiled eggs, and, fried eggs have become very popular. Investing in poultry farms can bring you a lot of income and, furthermore, feed you and your family at large. 

Food stores like those that make fried rice, chop bars, and the others that include chicken in their food making are the best targets to go for when you have a poultry farm. You can sell some of your fowl to them, and you can also sell the eggs as well to them. One advantage of this perfect business is that you will make a profit all year.

There are three types of poultry farms you can start with and it includes either you rear chickens for meat production known as broilers, or you are rearing birds for egg production known as layers or you are also rearing only the male birds for meat production known as cockerel. 

Based on my knowledge, here are some tips you can work with to start your own poultry farm; 

  1. Make decisions on the type of poultry bird you want to rear. Is it either a broiler for meat, layers for eggs, or cockerel for meat. 
  2. Look for and Select the best location to start your farm. 
  3. Get a constructor to start and provide you with a good housing and shelter for the birds on your farm. 
  4. Invest in good chicken feeds and medication. 
  5. Have a marketing plan to make sales.

2. Pharmaceuticals: 

Pharmaceuticals

One of the most profitable businesses and very common to see is the Pharmaceutical industry. Our health is very important and these services are very essential to us. We wouldn't have to always go to the hospital to purchase any drug but the pharmacies would make them simple since they are close to us. 

Whilst they are close to us, if you have dreamt of investing in something meaningful, and life-saving, then pharmaceuticals is the perfect job for you. But before you can start this business, you will need a license to certify you can do this job.

3. Events Equipment Rental: 

white-plastic-for-rental-chairs

If you have some good quality, beautiful colored plastic chairs, tables, canopies, standby generators, and some portable toilets then you can make money from them. You might be asking, but is it profitable? The answer is simply yes, events equipment rentals are very profitable. If you have none of these then it's time to invest into these items. 

Once you have them, you can get a banner or posters for yourself and paste them on walls informing people you rent those items. People who have occasions such as graduation ceremonies, especially in schools, wedding events, out-dooring, baby naming or naming ceremonies, birthday parties, and funerals will contact you for renting. 

4. Hairdressing and Barbering Salon: 

Hairdressing and Barbering Salon

A unisex beauty salon is one profitable business to invest in. Popularly, it is known as hairdressing and barbering salon. Everyone wants to look beautiful or handsome with a few tips and makeup so if you have those skills and know how to braid hair, do pedicures and Medicare or any other skin care for both genders, then this perfect business is for you. With the help of social media, like Facebook and Instagram, you can even build a huge and wide range of customers.

5. Frozen Meat Store (Cold Store): 

Frozen Meat Store (Cold Store)

Ceremonies like weddings, naming ceremonies, birthday parties, graduation, and funeral ceremonies cook food and they can't do away with meat. So setting up a cold store can be an advantage for you to make more profits. You can include chicken, fish, sausage, beef, or gizzard in this business since they are the most common food commodity purchased. All you need is a good location and an area not prone to electrical problems so you can preserve your meats.

6. Fish farming: 

Fish farming

There are lots of water bodies in Ghana and this has made the fishing industry a simple and beneficial way to invest money in them. However, due to a lack of certain skills and know-how, the markets have to import fish from outside the country to sell. Fish consumption can never cease and it is essential to the health of humans due to its nutritious value. So one advice I would hit you on is to start a fishing farm.

You can get a piece of land, do more research on fish rearing, introduce your fish, and find strategized ways to get them into the market for sale.

In Summary,

I write about these investment businesses because finding a job to do is sometimes difficult, especially when you don't have the right qualifications or certificate but some of these jobs I keep listing on my blog Myke Educate sometimes need no qualification to start and can really help you make a living.

Stay Blessed.

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