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 they can also terminate it […]
Every business needs a business consultant;Businesses in all industries can benefit from working alongside a business consultant. Many new companies understand the importance of hiring a consultant right from the start. Consultants can help new businesses set up their accounting, develop business processes and hire talented staff. Established businesses can also gain many advantages from […]
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 outside experts who can do […]
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 for foreign companies; Ghana is […]
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 boil down to a lack […]
Today’s customers are overloaded and overwhelmed by too much information, so making a decision is a challenge. You may think this is only important to your marketing and sales people, but in reality it doesn’t matter how great your product or technology might be, you won’t succeed if you don’t understand your target customer decision […]
Successful entrepreneurs know the importance of lifelong learning. Whether you are new to the business world or a seasoned veteran, you should always be looking for new information about entrepreneurship and trends in your particular industry. If you are looking to learn and grow your business, here are some insights that will be of help […]
As thrilling as it is to start a new small business, the stress can be just as insane. Especially, if have to start looking for sources of finance for your startup. Because beyond the creative thinking and careful planning that go into coming up with a winning business model, you as the business owner are […]
Sometimes as a business owner, your company accumulates debt. And managing business debt can be difficult. Try to take some business debt management steps before you are forced to close your doors for good. If you truly want to climb out of your ravine of debt, then here are ten steps you can take to […]
To run a business effectively and efficiently requires a lot of upfront effort. Efficiency demands processes, protocol, and forethought in every aspect of your business. This endeavor trolls through strategy, operations, marketing, your finances, and especially sales. Here are some effective sales strategies and tips to help your business; Know Your Business; Not just your […]