Small businesses are currently experiencing low sales, cash flow problems, employment freezes and sometimes, redundancies. Starting a small business is hard work in any environment, but it's even more challenging in a tough economy. This is due to the high cost of living, high interest rates and even the ability...
Risk exists in every business effort. Entrepreneurs may succeed or fail in their endeavours since starting and running a firm is a titanic task. However, by using the proper risk management techniques, organisations can minimise their exposure to risk and boost productivity and revenues.
Understanding business risks
Every business is set...
…the opportunity international brand
“People don’t buy what you do they buy why you do it.” - Simon Sinek,
“A brand’s strength is built upon its determination to promote its own distinctive values and mission.” - Jean-Noel Kapferer.
Hello Readers, I hope 2023 has started on a good note. Throughout the world,...
The bankruptcy of crypto-currency exchange (FTX) is the latest example of a corporate collapse resulting from governance failure, AM Best has said. AM Best, international rating agency, stated that the series of events leading to the collapse of FTX should warn insurers.
AM Best said they would take a favourable...
Businesses are born from the hopes and dreams of their founders. Practical experience, however, has shown that businesses live and die among others by their ability to adapt to changing trends – in the consumer, economic, social, and governmental landscape, etc. A good example is how the outbreak of...
Replacing traditional sources of energy completely with renewable energy is going to be a challenging task. However, by adding renewable energy to the grid and gradually increasing its contribution, we can realistically expect a future that is powered completely by green energy -Tulsi Tanti
Ghana’s renewable energy sector again...
Report calls for bold policy actions to help African economies mitigate compounding risks
L-R: AfDB President Dr. Akinwumi Adesina, Niale Kaba, Minister of Planning and Development of Côte d'Ivoire, and Prof. Kevin Urama, Acting Chief Economist and Vice President at AfDB, at the Abidjan launch of the 2023 Africa's...
This is the continuation of our series on the Social Media Mix of Banks, first published in the Monday, 16th January, 2023 edition of this column. The key social media accounts we identified are Twitter, Instagram, LinkedIn, Facebook and YouTube, which we coined as TILFY. This second publication focuses...
Despite the changing banking and economic environment across the world, one thing is certain - the customer is still the most important element in any business or activity.
As able marketing practitioners like Peter Drucker have said long ago – the fundamental task of any business is to create and...
The Municipal Chief Executive (MCE) of the La-Dadekotopon Municipal Assembly, Solomon Quartey, has assured that reconstruction of the La General Hospital will begin by end of first-quarter 2023.
He made this revelation during an interview to provide an update on reconstruction of the La General Hospital, in a bid to...
