Starting a business in Ghana can be exciting, but there are some hidden truths many people do not talk about.While everyone sees the success stories, the real struggles often stay behind closed doors.Here are some important things you should know before you take that big step.1. Getting your business registered takes time Recommended For YouEntertainment2025-05-12T17:02:32+00:00TGMA 26 – A night of triumphs, thrills and everything betweenFrom heartfelt tributes to electrifying performances, the 26th TGMAs crowned King Promise Artiste of the Year, marking a night that celebrated Ghana’s vibrant music industry in full.Sports2025-05-12T15:57:23+00:00The mysterious 100-year football curse that no one has broken yetHere’s the gripping story of the 100-year curse in football that appears to still be working…Lifestyle2025-05-12T16:32:30+00:0010 bizarre TGMA outfits that had Ghanaians talkingMany people believe registering a business is quick and easy. In reality, the process can take days or even weeks, especially if there are errors in your documents. You might also face unexpected delays from the Registrar General’s Department. Make sure you have patience and double-check your forms.READ ALSO: 5 easy ways students can make money on campus without stress2. Capital is never enough No matter how much money you save, it often won’t be enough. Unexpected costs will pop up; rent, licences, taxes, logistics, and more. Always have an emergency fund. If you think GH₵10,000 will be enough, aim to save at least GH₵15,000.3. ‘Connection’ matters It’s sad but true who you know can sometimes matter more than what you know. Whether it’s getting contracts, finding suppliers, or getting permits, having the right connections can move things faster. Networking is key, especially in local markets.4. Taxes and fees can be confusingMost new entrepreneurs do not understand taxes. The Ghana Revenue Authority (GRA) can come knocking even before you make your first sale. It’s wise to talk to an accountant early or take a short course on business taxes.5. Customers can be difficult Some people will delay payments or ask for endless discounts. Ghanaian customers love to bargain. Be polite, but firm, and always have clear terms.MUST READ: 5 money mistakes to avoid in your 20s – Advice from young Ghanaian entrepreneursStarting a business in Ghana is not impossible, but it’s tougher than it looks. With patience, honesty, and hard work, you can still succeed, even if the path is rough at the start.