Hospitality in Kenya; Staying at the Top
What are the Key success factors affecting the hospitality industry in Kenya? The hospitality industry is affected by several factors. These factors are; in-house advertising, value offer, technology, innovation, client management, and a motivated workforce. What then can managers do to manage these factors to thrive and achieve success? In this article, we’re going to […]
POSITIONING A BUSINESS IN THE AFRICAN CONTINENTAL FREE TRADE AREA (AfCFTA)
How Companies can position themselves in the African Market through the African Continental Free Trade Area (AfCFTA) The African continental free trade area (AfCFTA) is a determined trade pact ready to form the world’s largest free trade area by connecting almost 1.3 billion people across 54 African countries. The agreement aims to create a single […]
WHY CLOUD ACCOUNTING FOR SMEs?
Can you access updated and real-time accounting information anywhere and at any time? If not, you should consider adopting a cloud-based accounting software for your business that is affordable, helps you make informed decisions, and manage your business. Businesses that adopt technology are more competitive, and successful and remain ahead of their competitors. Cloud accounting […]
YEAR-END ACCOUNTING PROCEDURES
What is Year-End Accounting Year-end closing entails the process of updating and inspecting accounting records “books” at the end of a financial year. The process is crucial in the final company financial reporting process. The year-end closing procedures detect any deficits and balances in the company books which are recorded and carried forward to the […]
PROFESSIONAL EMPLOYER ORGANISATION(PEO)
Human Resource services are increasingly demanding particularly with the increasing number of remote jobs, that involves dealing with compliance across many states; most businesses struggle with recruiting and retaining top talent which leads to low benefits to the company. A PEO can help. PEO employs employees for their clients; Organizations; enters an employment relationship with […]
SME INVENTORY MANAGEMENT TECHNIQUES
Inventory Management for SMEs Small and Medium Enterprises (SME) are the backbone of the Kenyan economy contributing up to 40% of its Gross Domestic Product (GDP); Inventory management techniques are equally are the heart of most businesses and they fall under different categories i.e. Raw Materials, Work in Progress (WIP) Finished Goods Packaging Repair and […]
Resilience in hard economic times for businesses in Kenya
Micro, small and medium enterprises (MSMEs) in Kenya are facing multiple disruptions to macroeconomic uncertainties. In the face of this situation business leaders have to create resilient organizations to survive. They need to identify opportunities and threats created in this difficult time. In this article, we analyze disruption forces and uncertainties that are affecting micro […]
Corporate Training; What to know
Corporate training is the continuous provision of learning opportunities to company employees. The team is provided with knowledge and skills they require to perform their duties at a high level and become stellar professionals. Training is critical for the success of any business. The horning of employee’s knowledge and professional skills boost the target business […]
