Why only one leaves the garage, what we can copy from tech businesses. Delegate Small businesses* normally rely on the proprietor’s entrepreneurial talents, such as if someone does good knitting, they will start selling sweaters in the neighbourhood, they will normally receive orders on their phone or in person and personally…

A rural savings and credit system of pure genius. In rural Uganda, women groups formed with mutual trust, are implementing a rolling banking system which allows them to save and borrow within themselves simultaneously. Ekibiina So it is called, the system involves all members contributing a designated amount of money and…

Department of Trade and Industry (DTI) estimates mall crowds at 50–80% of pre-pandemic levels. 🎵Let’s go to the mall…, today Despite the many articles citing mall foot traffic at pre-pandemic levels in August 2021, this was a shallow picture of the temporary urge of people to go outside after 1.5 years of staying indoors. The customers We heard…

Traditionally, Inventory financing is credit/loan obtained by businesses to pay for products that aren’t intended for immediate sale. It is often used by smaller privately-owned businesses that don't have access to other options like raising money through the stock market or the bond market or even through a bank loan.. …

Scaling your business means setting the stage to enable and support its growth. — Scalability describes a system’s capability to adapt easily to increased workload or market demands. Here are some of the indicators that you need to scale your business; Your employees (and yourself maybe), are overwhelmed with the current workload Your business leads or prospects have continued to increase, You’ve turned down business because you don’t have the capacity to afford the extra work,

A swiss army knife is a multi-tool pocket knife. The thing has a spear point blade and a multitude of other blades and tools such as screwdrivers, a can opener, and scissors. There isn’t a more descriptive definition for Myfy, the app that is going to put your business on…