Finance management and sources for small business
Small business loan application is one of the common requests with high rejection rate in the commercial banking system.Who should be blamed for these loan rejections? Entrepreneurs, bankers or government regulators? I mostly blame the [……]
One of the major reason of having a startup business plan is to answer the fundamental, and critical question of how much does it cost to start a business. Simple estimate of startup costs can [……]
3 Gambian entrepreneurs are among the 2nd set of 1,000 entrepreneurs for the 2016 cycle in the Tony Elumelu Entrepreneurship Programme (TEEP) initiated by the Tony Elumelu Foundation (TEF). Launched in 2015, TEEP is the largest African philanthropic [……]
Maintaining good cash flows is crucial for any small businesses. Optimized cash flows indicated the strategies a business can use to better improve the amount of capital flowing in and out of the business.It represents [……]
Often you will hear that cash flow is the major reason many small business close their doors. This is true, because all other reasons of business failure must result to cash flow issue before a firm [……]
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 [……]
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 [……]
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