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STRONG FINANCIAL (MONEY) MANAGEMENT; HOPE FOR POVERTY REDUCTION IN AFRICA.

Please answer True or False Businesses in Cameroon do not grow because of lack of Capital (money)? Africa is poor because its countries lack money? My answer: False for both questions. Why: Poor money management is the culprit. For a better understanding, read the article below in the link below. Financial Management Publication Final

Series on Local Business Management Part 4.

Series on Local Business Management. Part 4: Management of Business Units We have looked at the business plan, and how to implement the plan (creating the structure of the company). We now turn our focus on the management of the various business units. Remember a business is a combination of various business units or processes - the proper management of these units will lead to business success. Click on the link below for the full article. Publication Part 4

Introduction – Series on Local Business Management.

At 25-45 Business Consulting, we believe that the private sector through the business establishments in any country, has a huge role to play in the governance and economic development of that country. Once businesses are setup in the various sectors, automatic checks and balances are created to help stir the economy in the right direction. For instance, if the education providers in the North West and South West regions of Cameroon are able to provide relevant education – that will empower [...]

Series on Local Business Management (Cameroon); Part 2

Part 2 – Validation of the Business Idea. Now that you have identified the brilliant business idea, the next crucial step is to test (validate the idea); something which unfortunately is generally ignored by many of us. Note that this is not an easy process, sometimes you might need the services of an expert to be able to properly validate your business idea – mostly through the drafting of a business plan. Click on the link below to read the complete [...]