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When we talk about visionary leadership, what readily comes to mind is charisma or what I call “Personal Charm.” But that is far from what I have in mind.

Read more: WHY YOUR BIZ NEEDS VISIONARY LEADERSHIP DEVELOPMENT

> WHY YOUR BIZ NEEDS VISIONARY LEADERSHIP DEVELOPMENT

When we talk about visionary leadership, what readily comes to mind is charisma or what I call “Personal Charm.” But that is far from what I have in mind.

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Read more: WHY YOUR BIZ NEEDS VISIONARY LEADERSHIP DEVELOPMENT

This is one important aspect of organisational development that is not given serious thought by many Small and Medium Enterprises (SMEs) or what some call Small, Micro to Medium Enterprises (SMMEs).

Read more: GREAT STEPS FOR PLANNING AND RESOURCE MANAGEMENT

> GREAT STEPS FOR PLANNING AND RESOURCE MANAGEMENT

This is one important aspect of organisational development that is not given serious thought by many Small and Medium Enterprises (SMEs) or what some call Small, Micro to Medium Enterprises (SMMEs).

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Read more: GREAT STEPS FOR PLANNING AND RESOURCE MANAGEMENT

My desire is that the SME Toolkit will help MSMEs to expand their offerings and business operations while making profits for the owners and continually meeting the needs of their markets. However, one challenge SMEs have is how to expand their business operations, moving their business from a one-man, few-people, mom-and-pop business to a large, national and even global enterprise. While I know that this boils down to the vision of the owner(s), I also know that for this to happen, an SME owner/manager needs to develop a strategic framework to support whatever laudable or ambitious vision they have for their businesses.

Read more: Business expansion strategies for SMEs

> Business expansion strategies for SMEs
My desire is that the SME Toolkit will help MSMEs to expand their offerings and business operations while making profits for the owners and continually meeting the needs of their markets. However, one challenge SMEs have is how to expand their business operations, moving their business from a one-man, few-people, mom-and-pop business to a large, national and even global enterprise. While I know that this boils down to the vision of the owner(s), I also know that for this to happen, an SME owner/manager needs to develop a strategic framework to support whatever laudable or ambitious vision they have for their businesses.

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Read more: Business expansion strategies for SMEs

This is one important question I’ve been asked by many people at different times. Many people are interested in what makes for business success whether in the university or industry.

Read more: DOES BIZ SUCCESS END WITH PREPARATION OF BIZ PLAN?

> DOES BIZ SUCCESS END WITH PREPARATION OF BIZ PLAN?

This is one important question I’ve been asked by many people at different times. Many people are interested in what makes for business success whether in the university or industry.

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Read more: DOES BIZ SUCCESS END WITH PREPARATION OF BIZ PLAN?

16. Leasing

Another interesting way of raising capital to acquire things like fixed assets in your business is to lease such assets. A lease is a legal contract allowing somebody exclusive possession of another’s property for a specific time in return for a payment. The word “exclusive” is very important. The lessee (the person or organisation that leases the property from the owner) has exclusive rights to the use of the property or asset during the life of the arrangement or agreement. However, there could be a special arrangement called lease-purchase agreement where the lessee is allowed to buy the asset, with the lease payments counting towards the purchase price. This is similar to hire purchase.

Read more: SIMPLE WAYS TO RAISE MONEY FOR NEW BIZ (IV)

> SIMPLE WAYS TO RAISE MONEY FOR NEW BIZ (IV)

16. Leasing

Another interesting way of raising capital to acquire things like fixed assets in your business is to lease such assets. A lease is a legal contract allowing somebody exclusive possession of another’s property for a specific time in return for a payment. The word “exclusive” is very important. The lessee (the person or organisation that leases the property from the owner) has exclusive rights to the use of the property or asset during the life of the arrangement or agreement. However, there could be a special arrangement called lease-purchase agreement where the lessee is allowed to buy the asset, with the lease payments counting towards the purchase price. This is similar to hire purchase.

Hits: 689

Read more: SIMPLE WAYS TO RAISE MONEY FOR NEW BIZ (IV)

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