Business Generation

One of the less publicized fallouts of our economic tailspin has been the overnight devaluation and in some cases decimation of personal savings. This phenomenon has effected people from all walks of life and all ages.

But, there is a silver lining to every cloud… Now that the economic bubble has burst, it is forcing many people to focus on and re-evaluate their financial planning, and major priority is being given to planning for retirement in particular.

For those who are self-employed or who own very small businesses (10 or fewer employees), the onus of good financial planning for retirement is that much greater since there are no matching employer contributions to rely on, there may be fewer assets to put aside, and the cost of the best retirement plans may make them prohibitive to the smallest businesses.

Having a good retirement plan for yourself and your employees to fall back on in later years is essential. B Read more…

There is nothing as desired and as important as loan modification program for a great deal of homeowners. It is hard to find a person who would not suffer from the severe conditions in which the economy is nowadays. There are almost no ways to find financial aid with the help of which it would be possible to handle the shortage of money. That is why there are so many people who face foreclosure and appear in the street without any means for survival and without any hopes for better life. If you would like to avoid such unpleasant outcome it is much better to try hard to find some salvations to the problem. In fact there is no need to try hard in order to find the way out. All you have to do is to ask your bank agent to help you.

There are several options which you can choose.

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There was joy at the giant Hola Irrigation Scheme in Tana River at the weekend when the first maize crop harvest was launched after 20 years of inactivity.

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Farmers will harvest about 2,200 tonnes of maize that will earn them more than Sh52 million, according to the scheme manager Mr Allex Wainaina Kuria.

“We have experienced the first harvest after more than 20 years of no work in the scheme. There is excitement among the 650 farmers, as others wait for the maturity of their crop in one or two weeks,” Mr Kuria said.

When the Nation team visited the scheme on Friday, it found the more than 1,200 hectares, which were bare soil three months ago, bubbling with green lush fields of maize crop. The area is raining heavily, but ploughing is still ongoing.

“This is like a miracle. For t

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A great number of people nowadays are using credit cards. Some people have only got their first credit cards and teat them as something unusual, but most people already treat their credit cards as something quite ordinary and normal. They use them almost every day and they would probably find it very difficult to do without them. Whether you are a novice or a veteran in the matters of credit cards, you have to know how to use your credit card correctly in order not to have any problems. Experienced credit card users think they can afford more and may get into the same trap as the inexperienced users.
You have to realise one crucial fact – a credit card is jus a tool in your hands, not the extra source of income. You have to understand this and keep this in mind every second you use or consider using your credit card for buying something. P

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It is imperative in today’s competitive global arena for entrepreneurs to have sound business etiquette skills. Indeed, they are an essential requirement in order for you to distinguish yourself, develop and maintain business relationships, impress investors and lenders, strengthen your business presence, project a positive, confident, professional image, and thrive in every situation with confidence.

In everything you do, your manners have a direct impact on your professional and social success.

According to Tamiko Zablith, Founder and Director of Minding Manners™, a London based consultancy, “in today’s increasingly global society, etiquette is the essential ‘soft-skill’ that often determines who becomes a leader, and who gets left behind.It is your passport to feeling at ease in any situation: from properly greeting and entertaining VIP Clients to effortlessly navigating the place setting of a formal meal.”

You have the opportunity to set yourself apart by knowing the correct way to:
•    Properly greet a customer or partner
•    Write a business letter
•    Participate in an important business meeting
•    Entertain senior execs or customers
•    Compose a thank you note or sympathy note

Ms. Zablith suggests “you can put the anxi

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Over the last few months I have been participating in a survey of successful entreprenurs and Professor Vivek Wadwa of Harvard Law School has been gathering data for a bunch of research reports on “What Makes Up a Successful Entrepreneur”. It has gotten some great coverage and this slideshow in BusinessWeek: The Anatomy of an Entrepreneur is a great example. It has some awesome charts so if you are a data junkie with a weakness for pretty graphs, you are gonna love this slide show.

Findings That Might Not Be What You Expected

The first part of the research was about background and motivation. This research was released a few months ago and titled, “Anatomy of an Entrepreneur”. Biggest revelation? Not all successful entrepreneurs have to be 25 years old. In most cases they are 40 with a few kinds and have stability and experience on their side. Techcrunch had Dr. Wadwa r

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