Welcome once again to the Gambian Business blog that celebrates young Gambian entrepreneurs who take the Business World by storm. Our Entrepreneur today will be sharing his amazing story of how he has been managing his designs and printing business in the Gambia. You will be inspired by his story. Who is this Entrepreneur? Sadibou Kamaso, […]
Meet Sadibou Kamaso – CEO of Creation Plus Read More »
What does it take to start and manage a successful small business? This is one question many small business owners should be eager to learn because the failure rate of small business is very high. In fact, some developed countries like USA have found that about half of all new business survive five years or more
Small Business Success : 7 Tips for Starters Read More »
Banking terms and concepts are many and can sometimes be difficult to comprehend, even for the industry professionals. However, since banking is a critical part of our business and personal life, it is helpful for consumers to learn some common banking terms. Here are the 10 essential banking terms every consumer should know: 1. Overdraft Yes,
16 Common Banking Terms You Should Know Read More »
If there is any one thing every new entrepreneur would love to know, it will be the key qualities of famous successful entrepreneurs. Mark Zuckerberg, the founder of Facebook said ” If you just work on stuff that you like and you’re passionate about, you don’t have to have a master plan with how things
Successful Entrepreneurs Have These 17 Qualities Read More »
Given the important of personal finance in life, it’s surprising that our schools still don’t teach children about money. As a parent, however, you can teach your children about the important financial lessons — and you should. Well, lets agree on one thing, that teaching children about money is not a “Taboo”. Okay, below are some ideas
How to Teach Children about Money Read More »
Few business plan mistakes can result to anything from the delayed of approval to the total rejection of your business plan. Unfortunately when rushing to get your funding in place and launch your business, your plan can get neglected. Below we have highlighted few of the very common business plan mistakes you should be aware: Unrealistic Financial
10 Common Business Plan Mistakes You Should Avoid Read More »
We all know that there only two ways to increase operating profit namely decrease operating expenses or increase operating revenue. In this equation, it is easier for business to manage operating expenses compared to increasing sales. Even the large corporations restore to job cutting and branch closure when thing get though. What can the small
13 Ways to Manage Business Operating Expenses Read More »
Personal budget is a financial plan that shows an individual or family incomes and spending plan. It is the best way for anyone to take control of personal finances. Simple tool like personal budget helps you to understand where the money goes in and out of your household. The key to managing your personal expenses is to know
How to Prepare Personal Budget Read More »
VAT or Value Added Tax was introduced in the Gambia on the 1st January 2013 following the approval of the Gambia Income and Value Added Tax Act, 2012 by the National Assembly on 27th June 2012. Value Added Tax is charged on both imports and domestic transactions as it used to be under the then sales tax
19 Things about VAT in Gambia Read More »
Like the general saying, it is easier to fail in business than to succeed. This means that small business owners should also look out for habit or actions that affects their business growth. There are so many reasons why many small business are not growing as expected. However, we are discussing six key business owner habits that affects business growth. They are
6 Habits that Affects Small Business Growth Read More »
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