What is the national currency of Gambia? Dalasi or Gambian Dalasi is the official currency of the Gambia. The symbol for this currency is GMD and can be written as D. The Gambia currency (Dalasi) is divided into 100 bututs, that is 1 dalasi equals to 100 bututs. What is the highest denomination of Gambia currency? […]
The Gambia Currency – Dalasi and Butut Read More »
What is an emergency Fund ? An emergency fund is an easily accessible account that is used to set aside funds to be used in case of emergency, such as the loss of a job, an illness or a major unexpected expenses. The purpose of the fund is to improve financial security by saving into
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Tax Identification Number, commonly called TIN number is a unique number tax authorities assigned to individuals, businesses and organizations to ease tax transactions. The main purpose is to identify and cross check taxpayers’ information. All businesses must obtain a tax identification number (TIN) before registering with the Companies Registry in the Gambia. Therefore, it is important for
TIN Number Registration in Gambia – 4 Simple Procedures Read More »
Mentoring is the process by which the experience and wisdom are shared between people; the mentor and the mentee. This process is expected to support the mentee’s career, skills and network. “If you ask any successful businessperson, they will always have had a great mentor at some point along the road. If you want success
Benefits of Mentor to Small Businesses and Startups Read More »
The main purpose of any business is to add value to its customers and make some money for the owners. If you are a business manager, your key job function includes revenue generation and managing cost. These objectives can only be assessed by recording and reporting information about transactions of the business. The recorded information about
Components of Financial Statements of Small Business Read More »
Do you ever wonder why many people are still living on salary to salary even after working for several years? Well, the common answer is the number of dependents. However, I disagree in most cases, because most of these peoples have no proper financial or wealth creation plan. Again, some people think that wealth creation
Personal Wealth Creation Strategies – 4 Types of People Read More »
Are you interested in starting a business in the agriculture industry but you have no idea to consider? Then no worries as we have already identified 13 business ideas you could start in agriculture sector. Agriculture is the most important sector in most developing economy and one of the priority areas of development, particularly in
13 Agriculture Business Ideas in Gambia Read More »
If you been following the Medias, then you may realised that today (08-Mar) is the International Women Day -IWD. As a day of celebrating all Women around the world, we gathered some inspirational quotes from women. Please share these quotes with others to celebrate, inspire and motivate women in their efforts of making this world a better place for
Inspirational Quotes By Women – IWD Read More »
A good business plan serves as a guide for building a successful venture, which focuses on your business idea, and strategies of making it happen. The elements of a business plan generally depends on the purpose and users of the plan. For example a plan for internal use may not need a management profile but outsiders e.g investors are
10 Key Elements of a Good Business Plan Read More »
We all save money for different reasons, however choosing the right savings products can be very helpful in managing your funds. Savings products are secure and liquid accounts offered by financial institutions in assisting the management of savings funds. Banks and micro-finance have many savings products with different characteristics in term of interest rate, liquidity and
General Savings Products and their Features Read More »
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