A successful process of raising funds for your business is the first step towards achieving success. Your business may not be able to materialize productive investment opportunities without access to easy and timely finance.
Whether it’s a start-up or an expansion, financing is a crucial step towards business success. Generally,...
“If you make customers unhappy in the physical world, they might each tell SIX friends. If you make customers unhappy on the Internet, they can each tell SIX THOUSAND friends.” Jeff Bezos
Customer Exits and Risk
Dear bankers, I am sure you have all gone through a painful customer exit...
I’ve worked in the economic and social development sector for more than 20 years. I love my job, but when I mention it to other people, they seem confused about what I actually do. “So, you work on funding citywide programs? You raise money to support some kind of...
National sovereignty, peace, financial prosperity, and territory management have been the building blocks for independence. Although the world has entered a much more civilized and democratic era, human nature to win and rule has never changed. In the recorded human history of 3400 years, there has been peace for...
Financial independence is having enough income to pay your living expenses for life without having to be employed for salary or depend on others for handouts or loans. The rule of 72 simply computes how fast your money grows given an investment return over a period. It is one of the most useful “must-knows” for every...
“Your most unhappy customers are your greatest source of learning” ~ Bill Gates
The bank and customer relationship or the contract terminates by closure of the account at the request of either party. This can be by mutual agreement, or after a customer has transferred the balance on the account.
However, by...
Investment objective is the fundamental reason for investing. Every single investment vehicle can be categorized according to three primary objectives - safety, income, and growth. The argument that an amount of money has no purpose and is just being invested for investment sake is quite mistaken. Usually, the situation...
According to the Central Bank’s Domestic Money Bank’s Income Statement, a total of GHS2.086 billion was written off as bad debt by banks operating in Ghana. The total bad debt stock was 4.7% less than that of 2020 which was GHS2.183 billion.
Dear readers, last week, I shared some sentiments...