The ideal and The real( Business Startups)

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...

30 LIFE LESSONS TO LEARN BEFORE AGE 30!!!!

Young people (13-30) please gather here. Stop sharing memes, stop scrolling, get your pen and paper and come and learn/unlearn. 1. The stretch between the age 20-30 is very critical. Use your twenties to build your life. Be careful of these three things, for they...

Documentation in business is key.

Documentation in business is key. The other day I was talking to a client over an online consultation. Their problem was that they didn't know how much they were making although they made money daily. So they could determine how much to pay themselves. How will you...

Secret for business start ups in Uganda.

Almost every business idea works in Uganda. There’s really no special secret about running a business in this country. You don’t need to spend time looking for the best business idea. You don’t need to read a million business books or attend some motivational talk....

How to remain financially stable during the lockdown.

My target for this year is to increase my monthly revenue by minimally 2M monthly.Two things were supposed to bring in this. The mini spa in Nebbi and a mpuuta joint am planning to do after the spa.We are 70% there. Some times people spitefully ask, with all the...

Benefiting from economies of scale is the secret.(Goka Sessions)

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 shs...

How we raised money for our snacks start up. How to raise money through crowd funding.. View the video below.

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How you price your services..

How you price your services..

Pricing is one of those aspects of business a business owner has to be very careful with.I have on several occasions written about pricing and how important it is that you get it right.I have also written about how to scientifically arrive at prices for your products...

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How do you raise capital for a startup in Uganda?

How do you raise capital for a startup in Uganda?

Yesterday I was having a discussion with a friend about raising capital for startups.. Any start up worth their name here (Uganda & Africa at large) will tell you it's one of the hardest things to do. We have very many ideas that if pursued would transform the...

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REGISTERING FOR A TIN

REGISTERING FOR A TIN

Two innocent mistakes made that become a problem in future There's something I have see happen over and over again when it comes to registering TINs (Tax Identification Number) and I think it's wrong.It unknowingly gets people into a tricky situation with time. People...

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