Ecommerce is fast taking over the business of buying and selling. Did you know that Africa has a massive 400 million internet users, making it one of the world’s most digitally connected continents? Technological innovations have played a key role in adopting eCommerce businesses in Africa, and ecommerce has become vital to extending retail services […]
Livestock farming is a lucrative field of farming. It involves breeding animals for the sole aim of consumption and making profit for the business owner. More entrepreneurs are venturing into this business due to its profitability. Moreover, as long as humans exist, the need for food will never go into extinction. Because the two major […]
Entrepreneurs are daily decision-makers. From the big decisions that have a large scale effect on your business to the little steps that determine your business’s day-to-day activities, decision making is a core part of running a successful business enterprise in Africa. There are basic decision-making skills every business owner should possess and know how to […]
It is no secret that the business environment is going through “uncertain times” currently. One of the characteristics of a striving business is increasing revenue, while that of a great enterprise is to survive a harsh economy. If your business only thrives during profiting situations, it means your enterprise is not reliable. The best economic […]
Most thriving businesses are businesses that possess a healthy customer base. If your business must be better, then your customer base must be healthy. There is an intrinsic relationship between how you treat your customers and the future of your business. There are distinct opinions to the most crucial factor in a business. However, maintaining […]
Have you got a business idea that you think it’s the next big thing? Or an idea you think will impress everyone else and leave them wondering why they never thought of it. Maybe an idea you believe would positively solve a particular problem. Coming up with new ideas can be exciting. However, starting a […]
So many people have the question, “what is a trade name,” on their minds. Being an SME in Africa means you have a name(s) everyone who’s familiar with your business recognises. These means of identification can range from a business name to a trade name or even a trademark. The terms ‘Trade name’ and ‘Trademark’ […]
As a small business owner, you may have this question in mind. “Why should I get a business website when I have an Instagram page?” Some SMEs in Africa have attained commendable success with their social media pages alone, and most of them get comfortable with not having a website. The truth is, there is […]
SMEs are defined differently across Africa based on the number of employees, assets owned by the company, annual sales, etc. But if you are aiming to build a business that has fewer than 250 employees and its capital and voting rights (25% or more) are not owned by one enterprise or jointly by several enterprises, […]
Ever heard about an “entrepreneur community?” Business owners can get business inspiration through several means and from various places. The right business inspiration can be the game changer that your business needed all along. Hence, as an owner of an SME in Africa, it is crucial to take advantage of all the avenues where you […]
