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From Dead-Inventory Back To Capital: A Survival Guide for Small Businesses Part II

From Dead-Inventory Back To Capital: A Survival Guide for Small Businesses Part II

These are the WORST of times to be taking loans to finance your inventory purchase.Why These Are the Worst Times For SMEs To Buy Inventory Using LoansWe’re currently navigating an exceptionally challenging economic landscape. Soaring credit costs, sky-high interest rates, and the crippling burden of deadstock make this the worst possible time to finance inventory purchases with loans. The implicat...

From Dead-Inventory Back To Capital: A Survival Guide for Small Businesses

From Dead-Inventory Back To Capital: A Survival Guide for Small Businesses

Where crowded markets are concerned (such as our MSME sectors), dead inventory is very commonWhere crowded markets are concerned (such as our small business sector), deadstock is very common. Deadstock, or dead inventory, is the term used to refer to items that have not been sold and have been sitting in a company’s inventory for a long time. A substantial portion of SME capital — amounting to hun...

Where Identical Informal Businesses Set Up Side-By-Side Are Headed — A Glimpse Of The Future of…

Where Identical Informal Businesses Set Up Side-By-Side Are Headed — A Glimpse Of The Future of…

Where Identical Informal Businesses Set Up Side-By-Side Are Headed — A Glimpse Of The Future of African RetailRodah Igoki Ireri Featured on Tim Weiss’ “The Nation” March 25th article titled “Why do identical informal businesses set up side by side?”“Our vision extends far beyond mere transactions; it’s about building sustainable ecosystems where businesses thrive and communities prosper.”In a rece...

The Power of Building a Strong Business Community Network: Unleashing Growth and Collaboration

The Power of Building a Strong Business Community Network: Unleashing Growth and Collaboration

In today’s hyper-connected business landscape, establishing a robust business community network has become a game-changing strategy for companies striving to flourish. A powerful business community network acts as a catalyst, fostering collaboration, sparking innovation, and generating exceptional growth prospects. By forging meaningful connections with fellow entrepreneurs, industry leaders, and ...

Why We’re Building Collaborative Infrastructure For MSMEs

Why We’re Building Collaborative Infrastructure For MSMEs

The Imperative of Africa’s Business Community InfrastructureFor a while now, I’ve lived in perpetual dismay over the state of our politics, which has & continues to serve as a relentless reminder of the qualities I find abrasive, selfish, and, in many cases, morally reprehensible in humanity. I resorted to the belief that fixating excessively on our politicians only perpetuates failure in our ...

How Dead Inventory is Killing Africa’s Micro-Enterprises

How Dead Inventory is Killing Africa’s Micro-Enterprises

Ever heard of deadstock?There’s plenty of Deadstock in Africa. Thousands of micro-retailers more often than not sell the same products to the same target market.I’m not talking about the latest slasher flick (though I might as well be…) but rather one of the biggest headaches for Africa’s second-largest economic powerhouse. Officially, the term describes products that are no longer selling, are ob...