Expenses are part of the story of starting and running businesses. Setting up a business can be seen as an exciting adventure as business owners create solutions to problems and earn profits as a result of it. However, it is also true that this quest of problem-solving and creating solutions can be expensive. Business owners […]
A lot of people are searching for new ways to earn additional income. This is why VTU businesses are becoming common in Africa. If you are reading this post, there is a huge chance that you are at best thinking about having one. However, running a successful SME in Africa demands that you expand your […]
Are you looking for a business to start with less than $100? Often, one of the hurdles of starting a business for many is not having enough capital to launch. With today’s advancement in digital technology, it is easy to establish or own business with little or no money upfront and even has the potential […]
Ever wondered how to tell the world that you are “open for business?” Most business owners will tell you that starting a business is not an easy feat. It requires action and commitment even in difficult times. So, here’s a big thumbs up to all SME in Africa. However, opening your business doesn’t automatically guarantee […]
If you own a successful SMEs in Africa, you will agree with me that studying from a business administration course (or degree) will help you develop the necessary managerial skills you need. Entrepreneurship is a thoroughly competitive field. Not only do you need to learn the fundamentals of finance, operations, human resources, marketing, and management, […]
It is no longer news that most start-ups fail in their first few years. Research has proven that small businesses have an average life span of 4 years. While there are many challenges such as the location within which the business is founded, financial constraints, and more, that impair the chances of a business succeeding, […]
Using a professional Gmail account has many advantages, from being an important part of our professional lives to building trust and credibility with both your potential and existing customer. Having an email address different from your personal account gives your business a form of professionalism. Sending out emails to prospects and leads with a Gmail […]
Let’s face it, working at a 9 to 5 job can be tiring at times. You could even own a thriving SME in Africa and desire to venture into online businesses. However, before you venture into any business, you need to carefully weigh your options and settle for the most suitable one. Here are some […]
Every day, many businesses spring up, some genuinely trying to solve an existing problem, and while others ride on the waves of already proffered solutions. Regardless of the idea or motive an entrepreneur decides to build a business on, he/she needs a legal backing for the business to survive and its life to be prolonged […]
Launching a business in a saturated industry could be a daunting challenge for startups who have genuinely identified a need and are interested in creating products/services to meet such needs. Determining how to succeed when confronted with thousands of competitors in a market is also a major challenge for small business owners. A crowded industry […]
