by admin | Aug 3, 2021 | business management, business startup, risk management
When starting a business theres what we call the ideal and the real.Certain practices are ideal but may not be realistic in the start. I will share with you a story. Theres a media company we were trying to start up about two years ago. We were hired as consultants on...
by admin | Jul 9, 2021 | business startup, investment, risk management
If your going to make money from production or manufucturing the target should be aiming for volumes. Bulk production, bulk sales and bulk purchases of raw materials of production. Benefiting from economies of scale is the secret. We have been buying milk for 1,600...
by admin | Jun 27, 2021 | business management, risk management
One decision can cause a chain reaction in the business ecosystem.. At Gokafoods our biggest market are schools. For now we made a decision to avoid supermarkets because of our low operational capital. Supermarkets hold out capital for long periods you may end up cash...
by admin | Jun 4, 2021 | business management, business startup, investment, risk management
The other day as has always been the case, I was talking to gentle man who was wondering where they would invest UGX 100M. If I gave you that money what would you do with it he asked. He is a long term customer of Young Treps so he has surely known me for a while. I...
by admin | May 26, 2021 | business management, business startup, investment, risk management
I promised you that in our first year of operation since this idea started from here I will be sharing with you our challenges, how we are handling them as lessons for you too incase your facing the same challenges. Now our biggest issue has been sales. Some how we...
by admin | May 18, 2021 | business management, business startup, risk management
Business is about making decisions on the go.The land scape keeps changing every now and then and decisions have to be made every now and then.Every business is as good as the last good made decision.A business would be doing great and one bad decision will see it...