A lot of Ghanaian entrepreneurs have now ventured into the bread business due to its demand, and in today’s business guide, we shall share with you how to start a bread business in Ghana.
One of the major businesses that have seen massive growth over the years is the bread/baking industry.
Admittedly, you would get daily sales when you meet the demand of your customers.
Consider that most Ghanaians prefer to take their beverages with bread as a huge motivation to start a baking venture.
Things You Needs Before To Starting Bread Bakery
You are required to have the operating licenses and other licenses, including environmental and safety licenses.
You must also have a place where it is very suitable and conducive for baking to take place, considering the area will be subjected to massive heat.
Since this is a huge industry, setting up one will require massive personnel together with the required equipment.
How Much Does It Cost To Start Bread Business In Ghana
The amount involved in setting up a bakery business varies since we have types of bakeries – local, micro and macro bakery.
The size of a local bakery will be different from a macro bakery; hence the number of personnel employed and the types of equipment will be different.
However, the amount will range from GHC 2,000 and end up at around GHC 100,000, depending on what you are doing.
How Profitable Is Bread Business In Ghana
As mentioned earlier, consider the fact that most Ghanaians take their beverages with bread a motivation.
The business is lucrative, although it is partly dependent on location and other factors.
Best Areas (Places) To Start Your Bakery Enterprise
Baking businesses can be started everywhere. Almost every Ghanaian eats bread, so it will be accepted in all major and minor cities in Ghana.
However, the size of the town or city will determine your demand. Imagine having a bakery in an urban area, and you would have a huge customer base compared to a bakery in the rural areas.
How To Make Your Bread Business Successful In Ghana
Just like any other business, your bakery can be successful depending on your consistency and market.
The location of the bakery plays a part in the success of the bakery.
For instance, if your bakery is located in an inaccessible area, no one would be willing to ‘suffer’ to come while the individual can get some bread to buy just by the roadside.
Common Challenges In The Ghanaian Bread Bakery Industry
In this business, be prepared to face frequent equipment breakdowns.
Machines are machines, and they break down mostly without giving warnings.
Also, some staff may be ‘lazy’ and also there will be times that there will be delays in baking times as fuel or electricity used in baking can run out at any point in time.
Benefits of Setting Up A Bread Business
Aside from gaining profit, you would also have the opportunity to serve humanity as a lot of people will be depending on your venture for ‘survival’ – both customers and workers.
Here is where we leave you on the road on how to start a bread business in Ghana.