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Have you been putting off the business planning? You know who you are. Do you mean to start managing better, but keep getting distracted by fires to put out? Here are five quick and easy ways to start planning today. Do a SWOT Analysis SWOT stands for strengths, weaknesses, opportunities, and threats. It’s a...
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When it comes to measuring and tracking online and trying to determine what your return on investment is with social media, you first need to ask yourself why you want to participate in social media in the first place. If the answer is to build your brand and develop a loyal following, then you...
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If entrepreneurs could recover all the time and money they waste, our GNP would soar. I can’t prove that scientifically—researching the topic would be, well, a waste of time and money—but I’ve seen it often enough, in business plans, on income statements (including my own), during bankruptcy proceedings and just looking around. To win...
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For Israel Mwenda, commonly known as DJ Izrael, inheriting his father’s business was not what he wanted to do, his focus was on disc jockey (DJ). But now at the helm of his father’s company, Solanux Systems Limited in Nairobi’s industrial area, Mr Mwenda strives to steer the family business to new heights. Inheriting...
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It’s end month and your business is crying out for attention. You have invoices to send, sales calls to make, a blog to update, and you haven’t had time to chase down a lower-cost supplier for one of your products. How can one person possibly do it all? The short answer is that you...
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Learning how to save. In Honduras this is one of the criteria for small businessmen to get microcredit. At the beginning of July, Radio Netherlands Worldwide published a video about financial training courses in Honduras. Klaas Molenaar, chair of the European Microfinance Network, argues that these well-intended training courses have their drawbacks. Clients of...
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Legatum, a privately owned international investment group, and Omidyar Network, a philanthropic investment firm,Tuesday announced the launch of the 2010 Legatum Africa Awards for Entrepreneurship, one of the continent’s most prestigious business awards. The Legatum Africa Awards program recognizes and rewards African business leaders who embody the entrepreneurial spirit and demonstrate the qualities required...
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The Group of 20 and Ashoka’s Changemakers, with support from the Rockefeller Foundation, launched an online competition today to find the best models worldwide for public-private partnerships that catalyze finance for small and medium enterprises (SMEs). The G-20 SME Finance Challenge, the first ever competition launched by the G-20, is a unique financial inclusion...
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The Kenya chapter of Students in Free Enterprise (SIFE) has launched its eighth business competition for universities. The initiative focuses on community projects that each participating team has developed and implemented in the last 12 months, where the team that has had the greatest impact on their community emerges the winner. “The judges will...
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Success came to me when I consciously decided where my path should begin and where I wanted it to end. If you’re still trying to convince yourself of your own worth, how can you possibly persuade clients that you have expertise and abilities? If you seem uncertain and insecure in your talents, your competition...
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