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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Calculating Individual Or Company Tax .

Calculating Individual Or Company Tax .

Structuring your tax, an individual or a company. Taxes are structured in to two entities that's, individual or company. It means when your paying taxes you can either pay as an individual or as a company/business. Yesterday I shared how to calculate rental tax as an...

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Lets Talk About Peer To Peer Lending (layman’s guide)

Lets Talk About Peer To Peer Lending (layman’s guide)

For about two years now we've been reading and researching about peer to peer lending in preparation of our business, boroboro. I personally have had the idea of creating an online bank for a very long time. Actually we would have started it before I even started...

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Calculating Rental Tax. (Layman’s guide)

Calculating Rental Tax. (Layman’s guide)

If you have four houses each at 400,000 it means your total monthly rental income is 1,600,000 per month 19,200,000 per year. Please take into context months you don't have tenants (it's advisable to have receipts). Deduct 20% to cover for allowances on house...

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