Business Life cycle by Newton Buteraba You want to grow your business You need to know these 5 stages : Newton Buteraba/ House Of Wealth 5 Stages of businesses 1. development 2. Startup 3. Growth 4. Expansion 5. Maturity Development Stage: Is where your business is still in your head ( Idea) Startup: You have…
“Be kind, for everyone you know is fighting some kind of battle.” Here are some of the key lessons You have to learnt so far to cope with the current situation: 1. Sometimes, all you can do is breathe. Being patient, and learning how to breathe through anything, is an absolutely important skillset we all…
Raising staff morale, streamlining your outgoings, stabilizing your finances and adopting an agile culture are four of the most effective ways to ensure that your company survives a downturn. The current coronavirus pandemic has hit markets hard, and fears about the future are mounting. So, what’s your action plan? Because the markets may not be…
Four traders have been detained by police in Koboko town in northern Uganda for allegedly taking advantage of the coronavirus lockdown to hike commodity prices. Led by Koboko Resident District Commissioner, Capt. Yahaya Kakooza, the police locked the shops and arrested three Indians and a Uganda trader for allegedly hiking prices of essential goods like…
Can I make a confession? I had a bit of a lazy day yesterday! All of my work was done so I decided to just relax, watch some flicks and treat myself to a nice dinner. I was watching a very interesting video by someone I admire quite a bit, he had some solid points…
If there is one technology that has become the buzzword of this decade, it would be artificial intelligence (AI). In the beginning of 2010s, consumer natural-language processing (NLP) allowed us to talk to our phones and control smart home appliances reliably. At the time, a lot of people expected NLP to explode in other domains, but…
Creating an image of success and authority for your business is a smart way to win more customers. People are comfortable doing business with companies they trust to meet their expectations. If your business looks profitable, customers believe you can deliver what they need. What does it mean to sponsor an event? Sponsors offer funding…
It is imperative to follow fundamental rules and keep certain key considerations in mind to avoid facing financial issues that may lead to bankruptcy. Starting your own business is one of the most exciting decisions you can take. But it is imperative to follow fundamental rules and keep certain key considerations in mind to avoid facing…
You probably don’t need to be told that running a start-up is hard. It is on your mind 24 hours, 7 days a week and 365 days a year. When you’re playing with your kids, it’s on your mind. When you’re at dinner with your partner, you’re thinking about tomorrow’s meeting. You are not an…
Rwanda and the United Arab Emirates have signed a labour deal to facilitate Rwandans to work in Asian country with ease. The agreement was signed in the Rwandan capital Kigali today between the Ministry of Public Service and Labour (MIFOTRA) and UAE’s Ministry of Human Resources and Emiratization. According to Gaspard Musonera, MIFOTRA permanent-secretary, the…
