Do you have a working budget for your business? I am not talking about having a budget that does not go beyond what you have written down on a paper. You may even be using a budgeting software? But if it does not translate to guiding you to manage the financial resources of your business, you need to take a pulse. You need to review your business financial transactions before you hit the wall. As a business owner, it is important that you know how budget is prepared.
Starting a business is more than having a good problem. It involves constantly meeting a need and generating value for the stakeholders. The stakeholders in every business include the customers, employees and the business owner. If you must satisfy the needs of all these stakeholders, there are certain things you need to do. In this […]
When it comes to choosing a name for your business; there are some fundamental principles you need to adhere to. It doesn’t matter how good your product or service is, you can’t afford to get the name wrong. In this article, we will show you how to choose your brand name for your business or product.