In the day-to-day rush of running a business, it is difficult to take the time to identify ways to boost cash flow and plan accordingly. Doing so, however, can have a significant impact on your business’s growth. The following are four well-acknowledged ways to increase a company’s cash flow. 1. Enforce payment incentives and penalties. […]

When thinking about someone who is financially stable, most people simply imagine a person who’s earning a lot of money. Other common signs of financial stability, which people believe include having regular work, owning a car and a home, and being able to afford a few luxuries in life.However, these external signals can be inaccurate. […]

Organizing an event such as a company party or a wedding can be overwhelming if you do it alone. To help with the management, many choose to hire an event planner or get the services of an events company. Event planning has good income potential, especially if you have a large network of suppliers. You […]

Usually, the biggest complications that keep things disorganized financially arise from not doing a few simple things. When you fail to do some or all of these things, it’s easy for your finances to descend into chaos and start causing serious problems in your life. So here are five things you can do to start […]

Building your own business is a very exciting activity. Once you’ve discovered your passion, and committed yourself to its vision and mission – nothing else will seem to matter, and you’ll feel unstoppable. Today we have five tips that will help you in ensure that yours will not just be a statistic, it will be […]

Being a freelancer has its pros and cons and there are necessary steps you must take if you hope to make a successful career out of it. Some of the most successful freelancers have dedicated a lot of time and effort into their work, which include developing market oriented products and a lot of marketing. […]

Business networking is one of the most effective way to market yourself and your business. By attending such events, you’ll have the chance to meet like-minded individuals from whom you can share and possibly discover and learn new things. It also present opportunities to meet potential customers and clients, as well as possible business suppliers. […]

Kenyans have very close family ties and as a child, everyone is raised to honor this tradition. This is a big part of our cultural upbringing, it is often considered inappropriate to decline giving financial support to family members and relatives. I have a friend who agreed to finance the education of one of his […]

Your journey towards financial freedom isn’t complete without a mountain of challenges and obstacles that come with life. However, for you to conquer and achieve the dream of financial freedom, you must learn to face and conquer these obstacles. Today we highlight six enemies you should be aware of that are a great threat to […]

There are more than a dozen ways of putting a price on your product out there, all of which take into account the crucial important factors related to production costs and branding. These factors the cost of raw material, market positioning, product demand among others. For instance, if the cost of your raw materials often […]