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Tag Archives: Zimbabwebabwe business blog

Strategic Planning Essential Even For SMEs

By Phillip Chichoni One of the top 10 business books for 2010, according to the international management consultancy firm Booz & Company, is entitled Where Good Ideas Come From: The Natural History of Innovation authored by Steven Johnson. This book asserts that innovation is a social act and a team effort. Johnson argues that most great ideas, and world changing …

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Record keeping vital for rural businesses

By Sifelani Tsiko RECORD keeping is considered by many entrepreneurs as one of the “least important” part of o perating a business. The “chero zvazvaita” kind of business mentality has led to the collapse of many black businesses in Zimbabwebabwe from as early as the 1930s up to now when business people have relative access to information. Inadequate record keeping …

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Winners always start with the end in sight

By Phillip Chichoni Economist Eric Bloch was quoted in a local daily  last week saying there is no improvement in the economy and the situation of local industry remains depressed. This situation is not  unique to Zimbabwe, although the causes might be. One entrepreneur told me last year how he almost closed his retail business as he had no funds …

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For who and when is a business plan necessary?

The Standard Zwe The only person who does not need a business plan is one who is not going into business. You do not need a business plan to start a hobby or to sell a few muffins to your workmates at the office. Many people have the modest ambition of starting a business and making a living. Others are …

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What is the difference between a small business owner and an entrepreneur?

By Phillip Chichoni A small business owner makes a living from a business activity, such as selling airtime, vegetables, groceries, cars, houses or supplying services such as plumbing, accountancy etc. It is not the size of the commodity that matters, but the size of your ambition. Small business owners have modest ambitions; they are content with an income that covers their living …

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Six things you must do before starting a business

Will your great new idea succeed in this slow economy? With many existing SMEs struggling to survive due to a lack of affordable finance, slow demand and an unfavourable business environment of high tariffs, intermittent utilities supply and competition from cheap Chinese and South African imports, is there a way of knowing if your new business can grow and be …

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Glimpses Of Promise, But Zimbabwe Not Out Of Woods

by Tafirenyika Makunike I WRITE from Zimbabwe this week where I have been for more than a week. As always during all my visits in the last two or so years, things are looking up but it would be an exaggeration to say that we have turned the corner and are out of the woods. There are still way too …

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Find out if you are a runner up for starting your own Business in Zimbabwe?

Do you by chance dream of running your very own business in Zimbabwebabwe? Although several people have fantasized, only a small number are actually daring enough to take the jump towards being self-employed. It is definitely not the journey for the faint of heart. Most who succeed in starting their own businesses in Zimbabwebabwe share particular traits that are detailed …

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