Korsell

THE NEED FOR HAVING GOOD CUSTOMER RELATIONS

September 25, 2020September 25, 2020 by Korsell

Korsell

Keeping loyal customers is less expensive than getting new ones. Research shows that it costs about five times more to attract new customers than to retain existing business. Satisfied customers become devoted buyers when a business is trustworthy and provides good customer service. By developing a relationship with your customer…

THE IMPORTANCE OF TIME MANAGEMENT TO A BUSINESS.

September 24, 2020September 24, 2020 by Korsell

Korsell

When it comes to being your most productive and efficient self at work, proper time management is a must. Time management is a skill that nearly every employee should have. But it can be challenging to develop. So what is time management? And why is it so important for employees?Time…

MANAGING YOUR BUSINESS.

September 16, 2020September 16, 2020 by Korsell

Korsell

‘For your business to work for you, you need to make yourself replaceable’. There are several proven strategies to run a successful enterprise. But what if the business runs you? ‘Own the business; don’t let the business own you’.What does it really mean? Some owners answer by asking a question.…

THE IMPORTANCE OF BOOKKEEPING IN A BUSINESS.

September 15, 2020September 15, 2020 by Korsell

Korsell

Bookkeeping is important for any kind of business whether it is small or big. Keeping your financial records makes it easier to locate and provide to appropriate parties. Bookkeeping is important because it helps with business analysis. It is a tool used by management to analyze business performance. Poor bookkeeping…

MANAGING FINANCES IN YOUR BUSINESS.

September 14, 2020September 14, 2020 by Korsell

Korsell

Financial management is very important in any business. The reason being that, it is to maximize the wealth of owners. All businesses aim to maximize their profits, minimize their expenses and maximize their market share. There are four recognized element of financial management. These are; planning, controlling, organizing and directing…

TACKLING THE CHALLENGES OF SOLE PROPRIETORSHIP BUSINESS IN GHANA.

September 8, 2020September 8, 2020 by Korsell

Korsell

There are so many challenges that sole proprietors come across in the course of their business. A one man business comes with a lot of advantages but it also has disadvantages. Many people tend to engage in this kind of business since they get to make their own decisions and…

The purpose of business consultants and the need for every business to have a business consultant.

September 4, 2020September 4, 2020 by Korsell

Korsell

The primary goal of any consultant is to help a company become more efficient and profitable. Consultants usually provide the steps needed to achieve a company objective, leading to a company project. Business consultants provide management consulting to help organizations improve their performance and efficiency. Consultants analyze businesses and create…

Why do startups need business consultants?

September 3, 2020September 3, 2020 by Korsell

Korsell

A startup is a new established business founded by one or more entrepreneurs to develop a new product or service and bring it to the market. By its nature, the typical startup tends to be a shoestring operation, with initial funding from founders or their friends and families. Startups need…

BUSINESS OPPORTUNITIES TO CONSIDER.

September 2, 2020September 2, 2020 by Korsell

Korsell

Ghana is one of the countries with the fastest growing economy in Africa. Now you may want to know the potentials and fundamentals of doing business in Ghana. With a strong mineral resources sector, cocoa industry, consistent government policy, recent oil discoveries, friendly business environment and a free trade zone…

A BUSINESS PLAN FOR EVERY STARTUP

September 1, 2020September 1, 2020 by Korsell

Korsell

A business plan is vital to the success of every business. About 70% of business companies, failure is the reality, and the main cause is a lack of planning. Whether it is insufficient market research, financial planning, management, lack of social media presence, website or something else, these mistakes all…

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