NewsCase StudiesEvents

Routes to market in Ghana

Ghana

Routes to market in Ghana

Recent forum posts

 

  1. Which free zone in the UAE is the most cost-effective

    When it comes to starting a business in the UAE, both the free zones and the mainland offer a fantastic environment with plenty of prospects for new businesses. If a person wanted to create a business linked to general trading in a free zone area, the best free zone in terms of cost would be Um Al-Quwain.Sharjah Media City (Shams) is also a leading media and digital hub with cutting-edge facil

    Total Posts: 1 Last post by tvgconsultancy1

  2. Do You Need A Financial Help

    Do you need Finance? Are you looking for Finance? Are you looking for finance to enlarge your business? We help individuals and companies to obtain finance for business expanding and to setup a new business ranging any amount. Get finance at affordable interest rate of 3%, Do you need this finance for business and to clear your bills? Then send us an email now for more information contact us Than

    Total Posts: 1 Last post by serviceoffer

Ghana Routes to Market

So you've decided to expand your business in Ghana and researched your market. Now it's time to decide how you will register or expand your business. What is the best, most viable option for your company, your products, and yourself? Which is the path of least resistance?

The various forms required for registration of companies are obtainable from the Registrar-General. Prospective investors should obtain competent professional advice on the type of company which may best meet their needs. Such advice is obtainable from:

The Registrar-General

Registrar-General's Department

P.O. Box 118

Accra, Ghana

Tel: (233-302) 662043/664691.

These are among the formal processes relating to setting up shop in Ghana, that the Registrar-Generals Department can assist you with:

 

  • Incorporation of a company
  • Registration of an external company (for example, with an office, branch, factory or mine in Ghana)
  • Registration of business names
  • Incorporation of partnerships
  • Registration of patents
  • Registration of trademarks.

 

There are also a number of business experts who specialise in helping UK business people move or expand to Ghana, whose assistance with getting your foot in the door is invaluable. Please click on the link below for more information.

Franchising in Ghana

Franchising is the licensing out of a business name, product, technique, philosophy, trademark, etc, for a percentage of the income. Instead of setting up new outlets as part of your expansion, you license your existing business blueprint out to franchisees who then set up and manage it for you.

The benefits of franchising your business in Ghana include: more freedom, as the franchisee takes on major responsibilities; minimal expense; lower cost and higher profits; potential for fast growth; brand building.

Disadvantages of franchising a business in Ghana: although few, is that you must rely on your franchisees. They include: poor quality franchisees; franchisees not declaring all income; poor performance.

Ghana encourages franchising, which is promotes as a fast and efficient avenue for business expansion. It is the preferred way for entrepreneurs interested in starting their own business while relying on the commercial experience and brand name of the parent chain.

Click here to Ask an Expert about Routes to market in Ghana

Organisations that can assist with Routes to market

  • > Business Consultancy Services.

    Do you need advice from an expert in your field, on the ground? Need help finding the best route to market for your product or service?

    More Details Visit Website

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.