Tag: Starting business
-
Building Trust With Every Action
As the internet proliferates and more and more business activity takes place online, the opportunities are growing as well. While the great “tech bubble” of the 90s may have scared many away from the opportunities available in the world-wide-web, many more have realized that the bubble was just that, a bubble. The opportunities exist; they…
-
The Three Basic Asset Classes
There are three basic asset classes. They are: 1) Paper Assets 2) Real Estate 3) Businesses Each asset class has its unique characteristic, and you need to decide which asset class to focus on as you commence your journey to financial freedom. PAPER ASSETS These are assets such as stocks, bonds, mutual funds, etc. Paper…
-
Starting a Small Scale Business – Company Registration Process
As stated earlier, you need the services of a lawyer or accountant who will guide you through the company registration process. The process for the Incorporation of a Company at the Corporate Affairs Commission (CAC) is as follows: Check the availability of the company name with the Corporate Affairs Commission (can be done online through…
-
Starting a Small Scale Business – How to Register Your Company
All big companies, at the very beginning, started small. Registering your company is one of the first concrete steps you take toward your dream. Although your beginning is small, you have to keep an eye on where you are heading when registering your company. Name your company based on where you are heading, not where…
-
How to Start a Small Scale Business
Starting a small-scale business is a lot like falling in love. It grows on you. Sometimes you may not fancy the person that much, but as you get to know and interact with the person more, they grow on you, and before long, your heart starts to skip a beat. You do not need a…
-
How to Decide Which Business to Go Into
A lot of people have difficulty deciding which businesses to go into. A common rule of thumb is to scan the environment, see which business seems to be flourishing and pitch your tent there. Many have gotten their fingers burnt this way. They enter a terrain they are not equipped to navigate, often at the…
-
Starting Your Own Business: Before You Say I Do
The idea of having a job became mainstream during the industrial revolution in the 19th century. Before the industrial revolution, our forefathers were all entrepreneurs. Most of us are either first or second-generation university graduates. Our grandfathers owned and run small businesses, be it farming, fishing, or what have you. Starting a business was one…
-
I started with Zero Capital
Most people I have come across that would love to start a business but are yet to start always have this excuse “I need capital”. I always try to make people see that what you need is an idea, courage determination and readiness to start. Where there is a will, there is always a way.…