We talk about all the activities of making one’s living or making money by producing or buying and selling products such as goods and services.
This post is about finding the best business opportunities in Kenya for the youth. As you know, the worst thing about being a youth is probably when you are broke. At that time you need money, but you do not have an income stream. I will share with you some of the most fantastic business … Read more
Starting a business in Kenya is every person’s dream. Especially with the growing economy, the unemployment rate continues to increase day in day out. As of 2018, the unemployment rate in Kenya was about 9.3 per cent. Because of the increasing rates, most Kenyans are turning into business to stabilize financially. However, most businesses do … Read more
Are you looking for business loans for your startup? Well, read on. On a live show on Bloomberg back in 2013, business mogul Mark Cuban said ‘Only morons start businesses on loan’. This did spark an out-roar, and so many discussions stemmed from it. Business owners and onlookers had something to say. Watch the video … Read more
I have always interpreted VC as Vice Chancellor. Today I heard another interpretation of the abbreviation, Venture Capitalist. I laughed at the thought of finding myself in at cross purpose in a business talk. In our previous post on how to raise funds for a startup business, we both angel investors and venture capitalists were … Read more
The Kenya Commercial Bank (KCB) introduced a number of business loans to meet the different needs of individuals across the country. The Business loans offered, have a varying interest rate which depends upon the type of loan product offered. The business loans offered by KCB targets Business names, Sole proprietorships, and Limited companies and can be … Read more
If you own a business, then you already know that it is important to maintain good credit. In this article, we intend to educate you on how to reduce credit risk in your business. Having an effective credit management process in place can make all the difference to your cash flow. Here are some … Read more
If only having a successful restaurant was based solely on having incredible food. Unfortunately, having a profitable restaurant requires a few different factors besides just a successful menu. One of those factors is the aesthetic and comfort value that the furniture provides in the restaurant. When choosing the furniture for your restaurant, you want to … Read more
New startups should fully understand that running out of money is one of the primary reasons that businesses fold shortly after launch. This article includes tips for better business cash flow management and how to avert this kind of crisis. Cash flow management, however, is not easy. Small and medium-sized businesses SMEs usually find it difficult … Read more
The trade finance process is the financing of exchange of commodities, finished goods and raw materials. It makes import and export transactions possible for entities, ranging from a small business importing its first private-label product from overseas, to multi-national corporations. Despite the explosive global trade growth, the trade finance industry hasn’t seen any significant change … Read more
Invoice factoring and invoice discounting are both asset finance types that help businesses release cash which tied in invoices. A funder can be a bank, alternative financier, or invoice factoring company that lend against an outstanding debtor balance or accounts receivable. Simply put, factoring and discounting are cash flow solutions. Factoring makes more sense for … Read more
A critical skill you require if you are independently employed is bidding. Here is a simple guide on how to bid on construction projects and win the bid. Broad knowledge of market conditions is highly effective in bidding. You need to have a vast knowledge of market conditions, materials, and price lists as well as … Read more
When looking for a loan (a car loan, a mortgage loan, a personal loan), the first thing people think of is visiting their bank’s local branch. They usually offer excellent customer service, and you tend to get what you need from them. But what do you do if your bank says no to your loan … Read more
