Africa is full of amazing business opportunities. But without capital, most businesses can’t get off the ground. As a result, there are thousands of passionate people across Africa who give up on their business ideas and projects because they don't have the financial means. Lack of capital is one of the biggest threats to [...]
Funding is the reason many business ideas haven’t taken off. It’s the reason many promising businesses that should be growing remain stunted. Even several big companies too want to raise more capital. Whether you’re looking for less than $10,000 to develop a prototype or start up your business, or you’re hunting for $15 million to [...]
Are you looking for capital to start a new business or grow an already established business in Africa? Have you tried other alternatives and sources of funding but failed? Is capital your biggest headache and obstacle right now? Smile, I’ve got good news for you. As part of the research for our book, 101 Ways [...]
Sangu Delle believes Africa should favour macro funding. And he makes several interesting points to support his views. What do you think?
There are two myths that are often associated with success in business. One is that you need a considerable amount of capital. The other is that it could take you many years to beat the odds of success when you start with nothing much in hand. Because of these myths, many people have become paralyzed [...]
The power of business partnership is amazing. It's a highly effective business model more African entrepreneurs should consider. Six months ago, I had a brilliant idea to develop a new food product that could be very successful if I can bring it to the market. It was one of those possessive ideas that made me [...]
Ready to learn how to how to write a business plan the smart and easy way? In a previous article, I shared a personal success story about How A Business Plan Helped Me Raise Capital of $12,600 to start a business in 2011. While most people understand the huge value of business plans, just a [...]
Wondering how to raise capital with a business plan? You're about to find out... In the first part of this tutorial series, we looked at 5 Powerful Things A Business Plan Will Do For You. I don’t think this tutorial will be complete if I don’t share my personal experience and success story with you. [...]
So, you think you don't really need a business plan? Most people make the common mistake of thinking that business plans are only for startup businesses looking to raise capital. Big lie! Even established companies need business plans too. Plans are useful at every stage in the life of a business, whether it’s looking for [...]
Can you think of the biggest reasons why you should register your business? You need to read this article carefully. In Africa, up to 70 percent of people who regard themselves as ‘entrepreneurs’ do not own a registered business. How can anyone say they own a business when it doesn’t really and legally exist? For [...]
