Business Planning is one of the core building blocks of any business, even if the business has been going for 50 years! Business planning is not a one off process; it is an ongoing process of building and improving your business. What is a Business Plan? A business plan is a document that describes your business, its objectives, strategies, target market and financial forecasts. It's a blueprint to your business's future. The process for creating your plan should involve…
Any business wanting to grow is always deliberating over how to best promote and reach new customers or to boost revenue from existing customers. For marketing to be truly effective, it is important that your business has a clearly defined target market. Knowing your target market is one of the fundamental building blocks of marketing. It is essential for any business to have this as part of its Business Plan. One of the classic mistakes an entrepreneur can make…
How you structure you business may not be the world’s most exciting topic but it is a vital one with substantial long-term impact, and by substantial, I mean potentially amounting to millions of dollars worth, depending on the success of your business. The structure of your business will be driven by a variety of factors including: Type of Business - Some businesses require a particular structure in order to operate effectively and within the legal requirements of a country. Asset Protection -…
Starting a kingdom business is one of the most exciting and challenging things you will do in your lifetime. The thrill of creating something and building it into your dream is something that few people get to truly enjoy. However, given the failure rate of business start-ups is so high, it is critical to plan the financial details as thoroughly and accurately as possible. The most common reason for business failure in the first few years of a business is…
No successful business operates without a comprehensive list of goals that they wish to achieve each year. Business success is not measured purely in profit terms, but in the business achieving a variety of goals including sales, marketing, customer service, and ideally eternal ones. The list can be very comprehensive depending on the size of the business. Goals are also vital to adequately measure the performance of employees. As they say: “People don’t plan to fail, they fail to plan!” Goal…
Have you heard of Aesop's fable about the grasshopper and the ant? The grasshopper was hopping about, chirping and singing to its heart’s content one summer day when an ant passed by. It was carrying an ear of corn bigger than its size and it was on its way back to the nest. The grasshopper invited the ant to chat with him instead of working but the ant refused because it was saving up food for the winter. When winter…
Social media has changed everyone’s lifestyle, from the way we connect to people to the way we conduct business. Whatever state of mind you may be in, chances are you’ve shared it on Face-book. Whatever delectable food you stumbled upon, you’re tempted to post a picture of it on Insta-gram. When you’re too excited and can’t wait to share something you’re passionate about, you tweet it. And if you’re job hunting or want a career change, you must be in…
“Where there is no vision, the people perish: but he that keepeth the law, happy is he.” Proverbs 29:18 If there’s one thing many businessmen are missing out, it’s vision. If there’s one reason why many busi-nesses are closing and unsuccessful, it’s the lack of vision. If you are a businessperson and you want to last long in the industry, here are two important reasons why you need to have a vision. Vision gives us direction Not having a vision…
Before Andrea Bocelli became the multi-awarded, world-famous, opera singer that we know today, he was a court-appointed lawyer. He only sang in music competitions and piano bars to help pay for his law school tuition. In 1992, Bocelli auditioned to sing for a demo tape a song called “Miserere,” meant for the great tenor, Luciano Pavarotti. When Pavarotti heard Bocelli’s voice, he refused to sing it, convinced that the song belonged to Bocelli. Pavarotti knew that Andrea was called to…
Making Sure “Generosity” Is Generous
How do we make sure that we do not honour the rich over the poor?
What does it mean to be rich toward God?
Does it matter how we earn our income?
How A Kingdom Entrepreneur Should Start Their Day
Is this the missing element from your business?
Income Inequality Isn’t Wrong from a Christian Perspective
Should Churches have a stewardship committee?
Vision : If a Church gets this right, the money follows
Organizing a Fundraising Dinner That Rocks
How do we make decisions about allocating the resources that God has entrusted to us?
