Business growth is simply the process of improving the seeable value/performance of the success of a business. How can you then grow your business? It’s what we are going to discuss in this post. In Uganda, most people in business focus so much on getting new customers. While it’s okay, it isn’t the only method for business growth. It’s the most costly and time-consuming way of growing your business. It’s more beneficial to focus on...
The physical environment is an essential component of the business environment in which you intend to operate or in which you already run your business, irrespective of whether it’s conventional or online, small or big. It refers to the availability of resources that you need to run your business efficiently. These resources may generally include, among others, inputs like materials, services, land, climate, water, physical plants and facilities. Every business...
Turning problems into business opportunities is a skill most people do not have, and because of that, they remain ordinary people. Luckily, Uganda is one of the highest-rated countries in enterprise creation, according to Charles Ocici – Executive Director of Enterprise Uganda. As a country, we have people that are good at identifying problems and turning them into business opportunities. However, developing entrepreneurial skills is not easy. It requires you to...
Message rubbers stamps are stamps that are custom-made with different types of messages intended for various uses. Businesspeople, government workers and professionals use them on numerous documents like invoices, receipts, bills, emails etc. In Uganda, it’s not uncommon to find message rubber stamps with words engraved on them like “PAID”, “COPY CERTIFIED”, “RECEIVED”, “CONFIDENTIAL” and the like. Message rubber stamps are also used by private businesses and...
Learning to build trusting relationships with your customers is one of the proven methods of growing your business. People buy more and more often from those they trust. However, it’s very disgusting to see that a good number of Ugandans are not trustworthy. Why? First, they need quick money. Secondly, their foundation is not built on trust. It’s one of the reasons why some businesses boom for a short time and collapse. Easy come go. Some Ugandan businessmen...
Building a profitable business in Uganda and anywhere in the world is hard. The road to success is always full of ups and downs. According to Charles Ocici – Executive Director of Enterprise Uganda, Uganda tops all the countries with the highest rate of failing businesses. Surprisingly, Uganda is among the most highly entrepreneurial countries in the world. Worldwide, Uganda rates high in enterprise creation, which is no small feat. But why do Ugandans fail...
Contoured Cake Toppers With 3D EffectsJune 30, 2023
