The Kosmos Innovation Centre (KIC) has awarded two startup businesses which emerged winners of the 2020 edition of its AgriTech Challenge US$100,000 to invest into development and upscale their business plan. On top of the US$50,000 seed funds to each of the two winners, the two businesses also stand to benefit from four years of continuous business … Read more
Loss of revenue, reduced cash flow and rising expenditure stemming from impacts of the coronavirus pandemic are pushing businesses, especially small-scale ones, to move out of bigger office spaces into smaller ones as financial constraints are limiting their ability to pay the high rental cost. Some of the businesses which interacted with the B&FT said … Read more
Most people believe TikTok is the highest valued startup currently in the world but I believe we can look at the other side of it. What if it’s just hype? The $75 BILLION valuations. They certainly have some impressive stats: 800 million installs. 500 million monthly active users. (more than Twitter) Users who log into the app … Read more
Social media retailing is the new trend now. Everyone is officially or unofficially selling a product online using social media accounts since it’s the easiest way to present goods to a wide range of consumers. The products range from cosmetics to electronics. You can actually get everything you want to buy by just visiting Instagram, … Read more
This post seeks to encourage retailers to welcome reviews since they cannot do away with them. So far as they are selling online, customers will have no option than to give their opinions on their customer services and products. There are two sides of the same coin when it comes to reviews, it can be … Read more
The OpEx Prize Competition successfully entered its third phase of Aptitude Testing, Pitching & Judging on the May 18-19, 2021. Twenty-four (24) applicants out of the over one hundred and thirty (130) young Ghanaians who applied were invited and given the opportunity to pitch their ideas to a panel of judges via virtual and physical … Read more
Apart from the mission of serving customers, the Startup owner’s main focus is to grow in business. Most retailers startups start with very small capital, few customers, probably even as hawkers or stationed in a small stall but with the expectation to grow into a big business in a few years. Unfortunately, it is not … Read more
4 Legal Things You Must Know And Do For Your Startup in Ghana. Startups are fun yet it’s one of the hardest things to do. One of the first things to avoid when starting a business is Legal Issues because it is financially and physically draining. To prevent going through the hassle of being dragged … Read more
Ghana’s first insurance broker, Olea M&G Insurance Brokers Limited, formerly known as Marine & General Brokers Limited, has officially launched a digital platform where insurance transactions can easily be done. ‘Mybestquote.com’ which was launched in collaboration with Best Quote Ghana Limited, is a price aggregator platform where prospective buyers of retail insurance lines could compare … Read more