Business budgeting A monthly budget lets you know where you stand with your finances so you can easily aim for where you want to be financially . Most budding entrepreneurs assume having a monthly budget is impossible because their income is unpredictable, however, this is untrue. Knowing where you stand financially is crucial for achieving […]
Read MoreIts safe to say every entrepreneur has a dream ( or should have one) and when you have a dream , you need a team to build with you. In a case where you have no team , its either you are unable to build or you build really slow and never finish building. […]
Read MoreBusiness mentorship provides you with a great opportunity to develop, mentorships do not necessarily have to be formal, you can have informal mentors; ones you learn from every now and then. Infact, It’s good to go through life with the consciousness that there’s something you can learn from everyone you meet. However, formal (structured) […]
Read MoreLean canvas A lean canvas is used to create a 1 page business model which is used to replace elaborate business plans in lean startups. Business plans can be very important , however, In the early days of a start up business, business plans are not so useful, they take very long to write and […]
Read MoreFashion style for Entrepreneurs Because startup entrepreneurs have to take on many roles while building their companies on a shoe string budget, they sometimes end up with little or no time (and a limited budget) to attend to their style/fashion needs. Appearance makes a good part of business especially when you are still climbing up […]
Read MoreBusiness accounting COSTING Measuring costs is very essential in business; it can be used to plan and predict the future expenses of a company ; Costing can also be used to rate the efficiency of a company’s production process so that it is easy to detect when a business is performing below capacity. Costing is […]
Read MoreHow to end a business year In the course of the year, entrepreneurs can get consumed with loads of activities that it becomes difficult to keep track of all that’s happening; the end of the year being the time when most business activities wind down is a good time to pause, take stock, plan and […]
Read MoreI have not blogged in about a month and thats not because I have been busy; I have just been out of sync with almost everything. At some point, It all just kind of fell flat for me and I had to always make “super” extra effort to get anything done. I let go for […]
Read MoreAlot of things compete for an entrepreneur’s time especially at the early stage of business ; its however important to make sure putting together the right team is top priority on your list as an entrepreneur. Building a business with the wrong set of people cause setbacks that can eventually pull down the business, select […]
Read MoreKey Highlights Current market conditions are prime for selling a business. The market is experiencing high multiples due to plentiful dry powder held by private equity firms, record amounts of cash held by strategic corporate buyers, a low interest rate environment, and high prices for publicly-traded equities. The time it takes to sell generally ranges […]
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