Learn how you can leverage IT tools such as databases, database management systems, data warehouses, and data-mining tools to help you build and use business intelligence for strategic decisions.
Read more →
Brush up your business plan writing skills with this comprehensive example on the establishment of a plastics recycling plant in Tanzania complete with financial analyses and links to templates.
Read more →
A perfect and comprehensive business plan is the blueprint that guides you on the road to business success. Venturing into entrepreneurship requires a solid business plan. What are the key considerations when writing one?
Read more →
Each organisation, regardless of its size or purpose, generates data to keep a record of events and transactions that take place within the business. Generating and organizing this data in a useful way is called data processing. Learn about data processing activities and the data processing cycle.
Read more →
Are you an aspiring entrepreneur? The most enterprising people set up more innovative business projects more often; and are geared up for growth, and therefore they take more risks and are good at optimizing resources. Find out your enterprising potential with a quick General Enterprising Tendencies test.
Read more →
For entrepreneurs, business networking represents an important aspect for relieving the perceived loneliness of running a business, that is, by sharing business experiences. Learn some great benefits of this process as well as pitfalls you should avoid.
Read more →
In this post, we examine traditional factors affecting women’s choice of business activity but on the flip side challenge these notions which tend to be stereotypes and some are changing or have changed. Women are certainly more involved in enterprising across all sectors and have become pioneers in some fields.
Read more →
The various definitions of entrepreneurship will not be complete without some important words or their synonyms which differentiates an entrepreneur from others. These words include creativity, innovation, development, seizing opportunities, and converting opportunities to marketable ideas, and bearing the risk of competition.
Read more →
Ideally, entrepreneurs should possess abundant creativity. However, things are often not as straightforward. Usually, one encounters inflexibility and bureaucracy. We discuss issues that need to be addressed in the process of introducing a more creative entrepreneurial culture.
Read more →
Under systems theory, the administration function performs important activities to first define systems and procedures. Secondly, communication is vital for interrelation of the parts. Third is monitoring and controlling. Information, relevant and up-to-date is needed to drive strategic decisions and lastly, systems must be setup to meet statutory duties.
Read more →