Fiona Mati Articles

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Hire Purchase Financing for Small Business

Hire purchase is simply a financing facility that enables businesses to use a product and pay for it in instalments. It is especially useful to business startups that cannot afford large and expensive equipment. Hire purchase essentially bridges that gap and enables the small business to spread its payment for the capital equipment it requires over an extended period.

12 Questions to ask when developing your consultancy business plan

With the number of jobs dwindling in the formal sector, and the emergence of outsourcing, many professionals are finding that using their expertise as a consultant is the way to go. Being a consultant offers several benefits: you are your own boss, you can set your hours as well as the clients you offer your services to.

Testing a Business Venture's Viability

Pre start-up research is vital to any venture. If possible, the best way to learn about your prospective business is to work for someone else in that industry before venturing out on your own. This will make you more aware of the challenges you can expect to face in your venture. It will also give you the opportunity of getting some form of on the job training so you can manage your venture effectively. Background research in the industry will give you an indication of what to expect in terms of earnings and expenses.

KopiBure - An Innovative Student Advertising Business

KopiBure (the name is swahili for free copies) is an advertising company that deals with advertising in Universities, Colleges and other tertiary institutions of learning in Kenya.

Factoring: an alternative way to finance your business

Commonly businesses have to extend credit to their customers which in turn become accounts receivable in their cash flow. Factoring bridges this credit gap by enabling a business to get a percentage of their accounts receivable instead of having to wait the 30, 60 or 90 days indicated on their invoice.

How entrepreneurs stay motivated

After the initial excitement of the brain wave that will change the world and revolutionize society has long ended; and the entrepreneur sets to the task of actually making their vision happen, sometimes set backs or sheer fatigue sets in. Then the visionary who was once so elated over their business idea starts to view it as work.

East African entrepreneurs need a level playing field in the new Common Market

The regional integration of the East Africa community is finally here. With the promise of trade barriers falling, for East African entrepreneurs this bodes well in a common market of 130 million people.

Entrepreneur Profile: Sospeter Amenya

Sospeter Amenya of BenCro Transition Designs is a Kenyan social entrepreneur whose work mainly involves designing websites and developing custom software to help in various aspects that are aimed at creating more opportunities for the impoverished society. We at the Youth Interactive Portal for Enterprise (YIPE) recently got a chance to interview him regarding the importance of determination to venture into enterprise as well as his future aspirations.

Profile: HALCHA Youth & Community Development organization

HALCHA Youth and Community Development organization is based in Garbatulla, a small town in northern Kenya where the populace are faced with poor living standards, low literacy levels, unemployment, unpredictable weather patterns that adversely impact on food security.

When The Brewing Business Turns Deadly

If Kenya's historic Alcoholic Drinks Control Bill 2009 receives presidential assent, this will mean that brewers of such liquor will have to face stringent quality standards and inspections. However with the current enforcement agencies so far being unable to cope in preventing loss of life and blindness, it seems that more has to be done to ensure that the vendors lacing the brews with dangerous substances are stopped.

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About the Author: Fiona Mati

RSS for Fiona's articles - Visit Fiona's website
Fiona Mati is the CEO of the Youth Interactive Portal for Enterprise (Yipe.org), which hosts an online portal that provides East African youth entrepreneurs with free information and resources so that they are in a better position to access finance, learn about new business opportunities, and can easily register their businesses. The portal is the first of its kind in East Africa specifically targeting the youth, and provides free business skills training, a directory of sources of startup finance as well as step by step guides for business registration. On a wider scale, the portal also provides valuable information to aspiring entrepreneurs, students, finance institutions, government policy makers and development agencies seeking to promote sustainable wealth creation.
Click here to visit Fiona's website.

More from Fiona Mati
East African entrepreneurs need a level playing field in the new Common Market
Testing a Business Ventures Viability
When The Brewing Business Turns Deadly
Hire Purchase Financing for Small Business
Entrepreneur Profile Sospeter Amenya

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