11 Tips for Gambian Startups and Small Business

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 […]

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gambia chamber of commerce gcci

9 Benefits of Gambia Chamber of Commerce (GCCI) Membership

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

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Sole Proprietorship business structure

Business Structure – Sole Proprietorship

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

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how to set product price

How to Set Product Price for Small Business

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

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