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How to calculate costs for beginners

When starting a business, many small business owners make the critical mistake of failing to charge competitive prices. This is often due to a failure to differentiate between revenue and profit, but more importantly, because they ignore “fixed” costs. This article will cover how to calculate costs for beginners. Costs: are all the money you […]

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Mining sector opportunities for SMEs

Mining is often viewed as the big boys’ sector. The barriers to entry are high, the competition is stiff, but the returns are attractive and justify those challenges. So whilst  many SMEs may choose to avoid the sector, there’s still adequate room for even the small players to participate. This article will discuss mining sector […]

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Leveraging on trust to build your business

One of the biggest disadvantages of small businesses is the lack of credibility or a proven record. Many small businesses miss out on tender bids and other opportunities simply because they haven’t done enough groundwork to build trust. A great track record is essential for you to earn enough of your potential customer’s trust to […]

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Fitness: 5 counterproductive habits

Entrepreneurs have a tendency to lose focus and place their health and fitness on the back burner in pursuit of achieving profits. Their favorite two excuses become “I’ll go tomorrow” or “I’m too busy.” I get it. Your business isn’t just a job; it’s an entity that you’re emotionally invested in. Establishing and maintaining a […]

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5 networking strategies from a security guard

Earlier this month, I was privileged enough to attend a business conference that was hosted by a major bank. This was a three day event that kicked off with business to business meetings, the main conference and a cocktail party. In attendance were foreign ambassadors, business delegates and senior executives from government departments. Our organisation […]

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Girls over bros: Supporting women in business.

A lot has been said about the challenges faced by women in business and being a new age man who is surrounded by powerful women I was a bit sceptical about the need to support women in business. Not that they do not deserve it, but I somehow felt we were past the age of […]

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How to position yourself to get funding

As you endeavour to grow your business, it is inevitable that one shall encounter the need to get funding; be it short term funding in the form of order finance or long term loans to purchase fixed assets. Whereas many tend to wait until this becomes a pressing need, it is wise to plan ahead […]

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How to overcome the fear of success

In my final year at varsity, I met a young bright mind whose name was Justin. He is one of the most driven and visionary individuals I have ever met. He would spend hours at the library taking in as much as he could about financial markets, private equity and investing. His ambition was unquestionable […]

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5 apps and online tools for small businesses

Starting and running a business demands a lot of time, energy and attention so despite being an exciting journey, it can result in burnout and a lot of time wastage, especially where one lacks a system. Thanks to the advent of technology however, we now have app and online tool for , so most tasks […]

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WHY BULAWAYO BUSINESSES FAIL: HIDDEN REASONS

Many have lamented the demise of Bulawayo as Zimbabwe’s industrial hub. The following is an entrepreneur’s guide to avoiding some of the major pitfalls to which many Bulawayo businesses succumb. Without focusing much on the political and socio-economic causes, this article’s main focus is the few overlooked areas in which the entrepreneur has control. It […]