Reasons Why Startups in Kenya Should Consider Payroll Services
When it comes to startup businesses, payroll services might seem to be a non-issue as the enterprise owner may be concerned about growth-related issues. However, employees in any organization are regarded as the most vital input resource and great contributors to a business’s success. So, you need to align the employee’s needs with your organization’s […]
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Types of Inventory Management Systems
Businesses need a system to keep track of their inventory. A pad of paper, a pencil, and a spreadsheet may work for a while, but you will soon discover that you need something a little more sophisticated. Most entrepreneurs will start searching for an inventory management system when their needs outgrow a simple spreadsheet. An […]
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Why It Benefits You Benefit to File Your Tax Returns
Tax Returns: Why It Benefits You to File Your Returns Whether you are earning an income above the threshold the government taxes or not, filling your tax returns is mandatory in Kenya. Majority of people are, however, still not filling their annual income tax, even after the taxman introduced hefty fines for those who fail […]
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How to File Your Returns Using iTax
The deadline to file your annual returns for the year 2017 is fast approaching. After June 30th, three weeks from now, the Kenya Revenue Authority will close the tax returns portal. Penalties of up to Ksh. 20,000 will apply to anyone who will not have filed their return by then. With the introduction of iTax […]
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What they don’t tell you about business in class but you need to know-part 1
When I started business I knew it was going to be a tough journey and for a while I was not fully into it. My mentor at the time kept telling me, “you need to dive into the deep sea and swim with the sharks”. Part of me was so scared with the questions that […]
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Being a young entrepreneur in Kenya
HOW I BECAME AN ENTREPRENEUR. Growing up as a child it never occurred to me that I would a business owner. I knew when I grew up I would be a lawyer. It was so clear in my mind that one day when I was young, my dad told me he wanted me to become […]
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6 Essential Components of a Small Business Marketing Plan
If you’ve recently decided to start your own small business, are in the beginning stages of developing your business, or you’re even a well-established business in need of a boost, a small business marketing plan can help you make a number of important business decisions. Here are 7 essential components of a small business marketing […]
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Nine ways to improve your sales performance
The sales profession is a fast-paced, constantly adapting industry with an onslaught of new competitors and niches. As a result, it’s vital for sales professionals to strive for continuous improvement. 1.Emphasize Vision and Clarity A thorough understanding of your business niche can help elevate and personalize your sales pitch. Lack of information can lead to […]
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How your business can improve its cash flow
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. […]
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Eight (8) early signs that you have achieved financial stability
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. […]
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