Sign In

 Media releases - Zambia

 

 

 

FOSTERING STRONG COMMUNITY LOYALTY FOR YOUR BUSINESShttps://businesspartners.africa/media-centre/media-releases/zambia/fostering-strong-community-loyalty-for-your-businessFOSTERING STRONG COMMUNITY LOYALTY FOR YOUR BUSINESSMany businesses make a point of giving back to the community in order to foster goodwill and inspire customer loyalty for their business. But charitable giving is merely the tip of the iceberg when it comes to the ways in which businesses can contribute towards the welfare of their communities and cement their position as good corporate citizens.2019/09/19 10:00:00 PM
Seven questions business owners should ask themselves before the start of quarter fourhttps://businesspartners.africa/media-centre/media-releases/zambia/seven-questions-business-owners-should-ask-themselves-before-the-start-of-quarter-fourSeven questions business owners should ask themselves before the start of quarter fourBy quarter three, businesses have about eight months of information to dictate where they need to reallocate resources and take corrective measures that will mitigate the impact of inefficiencies or ineffectiveness in the business during the final stretch of the year. This is according to Ms Sally Gitonga, Country Manager at Business Partners International, one of Africa’s leading risk financiers that has consistently approved over US$110 million in business loan finance since its establishment and facilitated over 10 500 jobs in select African countries. She says that in order to build strengths and eliminate weaknesses, business owners should ask themselves the following seven questions as the basis of this review.2019/09/19 10:00:00 PM
Strategies for business owners to expand their customer basehttps://businesspartners.africa/media-centre/media-releases/zambia/strategies-for-business-owners-to-expand-their-customer-baseStrategies for business owners to expand their customer baseAttracting new customers while nurturing your regulars can often seem like a delicate balancing act. The truth of the matter, however, is that there are some tried-and-tested methods for growing your customer base without the risk of losing your business’ bread and butter.2019/09/19 10:00:00 PM
Immunising businesses against employee fraudhttps://businesspartners.africa/media-centre/media-releases/namibia/immunising-businesses-against-employee-fraud3Immunising businesses against employee fraudThe Association of Certified Fraud Examiners’ (ACFE) 2018 Global Study on Occupational Fraud and Abuse, revealed that 267 cases of work-related fraud in Sub-Saharan Africa caused an average loss of USD 90,000 and lasted an average of 12 months before they were detected. This is because many businesses do not have proper internal controls in place.2019/09/18 10:00:00 PM
Immunising businesses against employee fraudhttps://businesspartners.africa/media-centre/media-releases/namibia/immunising-businesses-against-employee-fraud4Immunising businesses against employee fraudThe Association of Certified Fraud Examiners’ (ACFE) 2018 Global Study on Occupational Fraud and Abuse, revealed that 267 cases of work-related fraud in Sub-Saharan Africa caused an average loss of USD 90,000 and lasted an average of 12 months before they were detected. This is because many businesses do not have proper internal controls in place.2019/09/18 10:00:00 PM
GET YOUR BUSINESS “FINANCE READY”https://businesspartners.africa/media-centre/media-releases/zambia/get-your-business-finance-readyGET YOUR BUSINESS “FINANCE READY”Small and medium enterprises (SMEs) contribute up to 60 percent of all employment and as much as 40 percent of all GDP in emerging economies, according to the World Bank. As such, it is vital for the SME sector and business owners in Africa to flourish in order to bolster job creation and contribute to the GDP. 2019/09/18 10:00:00 PM
KEEPING AN EYE ON COMPETITORS IS VITAL FOR GROWING YOUR BUSINESShttps://businesspartners.africa/media-centre/media-releases/zambia/keeping-an-eye-on-competitors-is-vital-for-growing-your-businessKEEPING AN EYE ON COMPETITORS IS VITAL FOR GROWING YOUR BUSINESSWhile a competitive matrix analysis is now a staple of any modern business plan, simply identifying your company’s competitive advantage during the business planning stage is no longer enough to ensure business sustainability in today’s fast-paced and ever-evolving commercial landscape.2019/09/18 10:00:00 PM
OPENING UP A SECOND BRANCH OF YOUR BUSINESS IN ANOTHER CITYhttps://businesspartners.africa/media-centre/media-releases/zambia/opening-up-a-second-branch-of-your-business-in-another-cityOPENING UP A SECOND BRANCH OF YOUR BUSINESS IN ANOTHER CITYSo you’ve already beaten the odds by starting and running a successful business – something that the majority of start-ups in Kenya will statistically never experience. Especially since 26 percent of sub-Saharan Africa SMEs have limited access to financing, as per a 2018 report by the European Investment Bank (EIB), and about half of formal SMEs worldwide don’t have access to formal credit, according to the World Bank. 2019/09/18 10:00:00 PM
Business owners: REACH YOUR GOALS IN 2019https://businesspartners.africa/media-centre/media-releases/zambia/business-owners-reach-your-goals-in-2019Business owners: REACH YOUR GOALS IN 2019There is no time like the present for entrepreneurs to examine and implement ways to improve their businesses and to set and work towards achieving their business goals.2019/09/17 10:00:00 PM
Debt can be good for SMEs if managed wellhttps://businesspartners.africa/media-centre/media-releases/zambia/debt-can-be-good-for-smes-if-managed-wellDebt can be good for SMEs if managed wellThe word “debt” often has negative connotations for small businesses as it can be associated with financial trouble. However, it should be noted that it is often a vital resource that allows a business to grow. This is according to Alison Lungu, Country Manager at Business Partners Zambia (BUSINESS/PARTNERS), who says that although outward signs of a successful business are profitability, asset growth and happy employees, a crucial additional indicator signifying its financial health is the way in which it manages its debt. 2018/05/17 10:00:00 PM
Equity vs. Debt: how should entrepreneurs fund their business ventures?https://businesspartners.africa/media-centre/media-releases/zambia/equity-vs-debt-how-should-entrepreneurs-fund-their-business-venturesEquity vs. Debt: how should entrepreneurs fund their business ventures?Entrepreneurs need to be mindful of the risks associated with sourcing funding for their businesses. Similarly, the choice between funding a business with debt or equity will have major implications for the company down the line.2018/04/19 10:00:00 PM
Six essential tips for sound budgeting for small businesshttps://businesspartners.africa/media-centre/media-releases/zambia/six-essential-tips-for-sound-budgeting-for-small-businessSix essential tips for sound budgeting for small businessA business without a working budget is like a car without a fuel gauge – it will drive for a while, but will run out of fuel when the driver least expects it. This is according to Alison Lungu, Country Manager at Business Partners Zambia (BUSINESS/PARTNERS), who provides small and medium enterprises (SMEs) with six essential tips for sound business budgeting.2018/03/08 10:00:00 PM
Entrepreneurs to think differently about new year resolutionshttps://businesspartners.africa/media-centre/media-releases/zambia/entrepreneurs-to-think-differently-about-new-year-resolutionsEntrepreneurs to think differently about new year resolutionsThe beginning of a year is infamous for all types of aspirational New Year’s resolutions. However, the number of gym routines and diets that are abandoned by February are enough to make anyone cynical about these resolutions.2018/02/15 10:00:00 PM