General management of small business and startups.
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 »
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 »
Whether you have enough of corporate setting and you want to operate more independently, or you’ve always dreamed of founding your own firm, it takes a lot of thinking and preparation to start a home-based business. Firstly, you’d have to take care of the legal matters involved and devise a detailed plan about your needs
Guide to Starting a Home-Based Business 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 »
Whenever you start a business, you will have to choose one of the different business structures such as sole trader, partnership, company etc. This choice will generally affect the numbers of owners, registration requirement, tax payment and legal liabilities of the owners. Previously, we have discussed sole proprietorship as a business structure and today’s article focus on
What is a Partnership Business – Concept and Limitations Read More »
Have you ever wanted to be an entrepreneur? Make your own hours and take control of your financial future? If yes, then the vending machine business could be a great opportunity for you. Starting a vending machine industry is a great opportunity for anyone looking to get involved with small business. Like most successful entrepreneurship,
How to Start Vending Machine Business in Gambia Read More »
Late last year the world was shocked when the IMF broke the news that the United States lost the place of the world’s largest economy for the first time since 1872, when it took it from the Great Britain. Adding an insult to the injury was the fact that the new economic ruler was no
Why You Should Invest in Africa Right Now Read More »
Starting a business should be a serious option for many of our youths as it helps in combating unemployment issues and improve financial independence. Whether you have a startup business idea or operating a small business, these 11 tips will help you to successful grow your startup business. 1. Startups should learn every day Entrepreneurs should
11 Tips for Gambian Startups and Small Business Read More »
The principal functions of GCCI are provision of essential business services to the private sector in general and its members in particular, and to advice and influence government in creating a favorable business environment. It also serves as a one stop spot for foreign investors. GCCI was established as a non-political, non-profit making, self-governed, voluntary
9 Benefits of Gambia Chamber of Commerce (GCCI) Membership Read More »
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 goes bankrupt. Cash is the life blood of any form of business as no business can survive long without a
Causes of Cash Flow Issues in Small Business Read More »
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