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Tag Archives: zimbabwe small business

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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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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Stop Procrastinating Don’t be a Perfectionist

It’s often said that procrastination is the thief of time and many people put off either starting a business or launching a website because they want it to be perfect but being a perfectionist is the worst sin for budding entrepreneurs. There are so many people who want to quit their day jobs or are now unemployed and want to …

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Financial Lessons From The Eagle

by Tafirenyika Makunike THINGS in our lives change not from just wishing they do. Neither do they change because we have written them down. They will not change because they have been legislated for. Your current financial situation will only change when you move from desiring, wishing and dreaming to doing something. There is something precariously dangerous about comfort. It …

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The essential elements of a business plan

Working with a client who wanted a business plan in order to get a loan a few years ago, the frown on his face showed that he was not completely happy when I handed him the 12 page document. The belief those days was that a long business plan demonstrated one’s knowledge of his business and the marketplace and that …

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Women entrepreneurs must be suppported – Zimbabwebabwe Entrepreneurial Infrastructure Series

Africa’s economic independence aspirations require more women participants to be involved in business ownership and entrepreneurship. Normally innovation drives entrepreneurship which starts first with the vision then the mission which leads to the creation of a business. There is no natural law which excludes women in business but rather social construction and family values have served to exclude women from …

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Investors Reconsider Zimbabwe's Pariah Status

Schmooze FM Press  Release By Lyndon Miles Zimbabwebabwe has long been cast as a pariah state, and debates on indigenisation and elections rage on. However with 9% economic growth forecast for 2011 its been described by Euromoney as one of the last great investment frontiers. This week, Brands Trading, a Harare based manufacturer and supplier of t-shirts, traditional dress and …

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Why Branding Yourself is Important

By Quartz Marketing Today’s career and business climate is brutal. The days of working for one company your whole career are very rare. The days of the company protecting their employees are over. This is why it is so important to brand yourself. You have a talent and you should make sure everyone knows this. As a marketer, you know …

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Low-cost high-impact marketing strategies for SMEs

1.Marketing Differs between Small Businesses and Larger Companies Extract from the book High Impact Low Cost Marketing Strategies for SMEs. The complete resource book is available at Innov8 Bookshop, 23 G.Silundika Street Harare and othe selected bookshops. To get a copy delivered COD in Harare ($6 only), please call Christine on 0772 854 301, or email admiralharare@gmail.com. See here for …

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