running a small business

Success Tips for Micro & Small Businesses

A month back, i went to buy green vegetables and fruits at our usual roadside market stall and found myself into business Lugambo (random talk) with the woman seller. Being a Consultant and Entrepreneur , i watch a lot of things every time i come across a business regardless of size. I was surprised of increased prices on vegetables, the bundle has decreased somehow and I was prompted to sit with her down to know the up & downside of such a micro business. It had not come to my mind that in sunny season vegetable prices rise. Mehn! , So insightful. You may think running such a micro trade business is a walk on just but there is much that goes into its success; the logistics, planning, storage, partners, financial management, records, etc. Getting and idea in business is one thing and putting it to work is another. I was touched to find that she have had difficulty in record keeping and money management and together in a few minutes we established a better way to keep her records and track income and expenditure and account for loss and profits each ending day, so as also to have monthly

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