Business Management
The diary of a Biznessvirgin : Tips to start your business right this year…
January 10, 2017Happy new year all! I am super excited about 2017 ,i hope you all are. Before business activities get in full gear, It’s important to decide how you will be doing business this year. Look back at where you have been,where you are and on to where you want to be. Choose what to improve, […]
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The diary of a Biznessvirgin – Bootstrapping (how to fund a business)
November 9, 2016Ash Maurya wrote and i quote “getting hit by an idea is like falling in love”; This was my case and as with most new entrepreneurs,i was bursting with energy,super passionate and ready to conquer .I made huge projections.I was so in my business honeymoon phase . My dear brother was the first person to […]
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Bootstrapping : Tips on how to self fund a business
November 9, 2016Bootstrapping simply means funding your business from personal savings/finances,family,friends and from revenue generated by the business . Bootstrapping a business can be tough but is highly rewarding ;it develops great discipline and creativity that can bring out the best in a company. With bootstrapping ,almost everything is done internally to keep costs low. Some businesses […]
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Ways to fund a business venture
October 31, 2016Lack of funds is a major reason why business ideas never come to life, it can also affect growth in business. Here are ways small business owners (or aspiring entrepreneurs) can fund their businesses . photo credit:pn.ispirit.in 2 1) Bootstrapping –This means relying on your personal savings/finances or getting close family and friends to fund […]
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Tips on how to pitch for investment in your business
October 5, 2016Entrepreneurs do not get the opportunity to meet with investors (venture capitalists,angel investors…) very often, it is therefore important to deliver an unforgettable pitch any time such opportunities come. photo credit :www.twitter.com Here are a few tips to help you along the way – Keep your pitch short ,sweet and simple,use an elevator pitch as […]
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A guide to an elevator pitch
October 5, 2016An elevator pitch can be described as a short summary of your business that defines it in essence ,viability and direction. An elevator pitch can be useful in pitching business ideas to potential investors as it enables them capture the business in a short time. Depending on the time available,you should be able to deliver […]
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Business Ethics
September 28, 2016Business ethics are values that guide a businesses’ policies,principles and practices.It allows a business distinguish what is “right” or “wrong” by it. Business ethics affect the way a business is viewed in the market place especially by its consumers. With good ethical practices, a business is able to gain a certain required level of trust […]
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Define your business 10 – Cost structure
August 11, 2016Finally,the last element of the business model. At this point , you are expected to understand how your key activities relate to your value proposition and generate revenue. You should know how you will conduct essential business activities to deliver on what your are offering customers to bring income to your business.It is now important […]
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Define your business 9 : Key partnerships
July 28, 2016With just 2 parts left to complete the “define your business” workshop, i expect that your business model is almost complete so now you should have a clear structure of how you want your business to run. photo credit: www.smallbiztrends.com Haven identified key activities and resources that are focal to your business,it is time to […]
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How to choose a business name
July 28, 2016While some entrepreneurs are lucky enough to choose the right names for their businesses on instinct and impulse ,many have suffered great losses and lost great opportunities from having the wrong name. Today’s business space is crowded ,it is therefore important that entrepreneurs take conscious decisions that set apart their businesses apart in the market […]
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