Startup ideas and management
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 »
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 »
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 »
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 »
One of the most important step in starting a new business is the decision to choose the right legal and business structure. Considering the planned sources of capital and number of owners, you have to choose the right structure for your business. The common business structure includes sole proprietorship, partnership and companies. It is important to note that
Business Structure – Sole Proprietorship Read More »
Product price is one of the four Ps of the marketing mix, along with product, promotion, and place. Whiles product, promotion, and place are all cost activities to the firm, the price is the only component that generates revenue. However, the determination of product price is influenced by these other components. Other factors that influence product price includes
How to Set Product Price for Small Business Read More »
Are you ready to start a business of your own but worried about the impact that it might have on the environment? If protecting Mother Nature and the environment is what you have in your mind, you still have good luck as there are increasingly large numbers of companies that are turning to eco-friendly alternatives
Lucrative Green Business Ideas For Ecopreneurist 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 »
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 »
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 »
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