BUSINESS MANAGEMENT FOR START-UPS – AN INTRODUCTION

starting-a-business-from-0-in-the-digital-era

BUSINESS MANAGEMENT FOR START-UPS – AN INTRODUCTION

WHY THAT?

I HAVE WATCHED A LOT OF SMALL AND MICRO BUSINESSES IN GHANA SINCE I AM RESIDENT HERE. ESPECIALLY, THERE WERE A NUMBER OF PETTY TRADERS AMONG THEM. MANY OF THEM COLLAPSE EVEN AFTER A FEW MONTHS. WHAT ARE THE REASONS BEHIND THE COLLAPSES? Continue reading “BUSINESS MANAGEMENT FOR START-UPS – AN INTRODUCTION”

IF YOU HAVE A FARM, CONSIDER A COOPERATIVE

A BRIEF INTRODUCTION TO AGRICILTURAL COOPERATIVES

 

IF YOU HAVE A FARM, CONSIDER A COOPERATIVE.

IN CASE YOU CONSIDER, YOU MIGHT WANT TO KNOW WHAT DEFINES A COOPERATIVE.

  1. A COOPERATIVE IS OWNED BY ITS MEMBERS. THESE MEMBERS FINANCE THE COOPERATIVE; THEY ARE ITS OWNERS AND CUSTOMERS AT THE SAME TIME.
  2.  IT IS A PRIMARILY A SERVICE PROVIDER FOR ITS MEMBERS, NOT TO SUPPLY ITS MEMBERS WITH DIVIDENDS.
  3.  A COOPERATIVE IS CONTROLLED BY ITS MEMBERS.
  4.  MEMBERS RECEIVE SHARES OF ANY PROFIT ACCORDING TO THEIR USE OF THE COOPERATIVE, NOT ACCORDING TO THEIR FINANCIAL CONTRIBUTION.
  5.  MEMBERS’ LIABILITY FOR DEBTS OF THE COOPERATIVE IS GENERALLY LIMITED TO THEIR FINANCIAL CONTRIBUTION.

THE ADVANTAGES OF AN AGRICULTURAL COOPERATIVE ARE THE FOLLOWING (AMONG OTHERS).

  1. THROUGH COOPERATIVES FARMERS MIGHT ACCELERATE THEIR COLLECTIVE INCOME ON THE MARKETS.
  2.  FARMERS CAN HAVE A BETTER ACCESS TO EQUIPMENT TO TOIL THEIR FARMS.
  3.  THEY CAN HAVE AN EASIER ACCESS TO CREDIR FACILITIES THROUGH THEIR COOPERATIVE.
  4.  THERE IS THE POSSIBILITY OF GETTING BETTER ACCESS TO THE GLOBAL MARKET PLACE BY THE COOPERATIVE USING TECHNOLOGICAL MEANS.

OF COURSE, THERE ARE ALSO DISADVANTAGES OF COOPERATIVES COMPARED WITH HANDLING YOUR OWN FARM SINGLE-HANDEDLY.

THE DISADVANTAGES MOSTLY LIE IN A MORE BUREAUCRATIC EFFORT IN DEALING WITH A COOPERATIVE, FIRST OF ALL, YOU MUST REGISTER A COOPERATIVE SIMILARLY TO A CORPORATION. FURTHERMORE, THE DECISION-MAKING PROCEDURE IS LONGER, BECAUSE THE MEMBERS MUST DECIDE COLLECTIVELY ON IMPORTANT MEASURES. THEY MUST GET AT LEAST A MAJORITY DECISION. LASTLY, THERE MIGHT OCCUR CASES IN WHICH THERE ARE DIFFERENT OPINIONS AMONG MEMBERS. THESE DIFFERENT OPINIONS MIGHT LEAD TO SEVERE PROBLEMS WITHIN THE COOPERATIVE.

BUT YOU MUST ALSO CONSIDER THAT THESE DIFFERENT OPINIONS MIGHT ALSO OCCUR WITHIN YOUR OWN FAMILY. IN CASE YOU WORK ON A FAMILY FARM, YOU COULD HAVE QUARRELS WITH YOUR PARENTS, YOUR SIBLINGS, YOUR HUSBAND OR WIFE. YOU HAVE TO SOLVE ALL THESE QUARRELS. CONSIDER THE COOPERATIVE AS YOUR FAMILY. IN THE COOPERATIVE FAMILY, YOU ALL MUST BALANCE DIFFERENT OPINIONS FOR THE SAKE OF THE OVERALL GOOD.

IF THIS ARTICLE GIVES YOU THE IDEA THAT IF YOU HAVE A FARM, YOU CONSIDER A COOPERATIVE, THEN DO THE FOLLOWING. DOWNLOAD THE BOOK AT THE BEGINNING OD THIS ARTICLE, AND READ IT. THE BOOK IS WRITTEN FOR ESTABLISHING COOPERATIVES IN THE U.S.A. BUT APART FROM THE LEGAL IMPLICATIONS, YOU CAN USE THIS BOOK FOR THE AFRICAN ENVIRONMENT, TOO.

AFTER THAT, YOU MIGHT THINK A COOPERATIVE IS THE RIGHT THING FOR YOU, BUT YOU HAVE MORE QUESTIONS. DISCUSS THE ISSUE OF AN AGRICULTURAL COOPERATIVE WITH PEOPLE WHO MIGHT HAVE THE SAME INTERESTS.

IF YOU THEN HAVE MORE QUESTIONS, YOU CAN CONTACT ME THROUGH “ENQUIRIES” ON THIS WEBSITE. YOU CAN ALSO CONTACT ME THROUGH recklingenterprises@hotmail.com OR MY WHATSAPP NUMBER 0200523362. (FOR PEOPLE OUTSIDE GHANA, IT IS +233200523362.)

BUILD MORE COOPERATIVES FOR A BETTER AGRICULTURAL BASE IN GHANA AND THE WHOLE OF AFRICA!

 

BUSINESS CONSULTANCY WITH GHANA RESEARCH

BUSINESS CONSULTANCY WITH GHANA RESEARCH

DO YOU HAVE A SMALL OR MICRO BUSINESS, AND YOU HAVE PROBLEMS MANAGING IT FINANCIALLY OR OTHERWISE?

OR YOU WANT TO ESTABLISH A SMALL OR MICRO BUSINESS, AND YOU HAVE PROBLEMS DOING THAT?

DON’T WORRY, I’M SURE I CAN HELP YOU. JUST GO TO www.ghanaresearch.org AND CLICK ON “ENQUIRIES” UNDER “PAGES”. FILL THE COMTACT FORM WHICH IS SHOWN THERE, AND CLICK ON “SUBMIT”. I WILL GET YOUR ENQUIRY THEN. BE ASSURED THAT YOU WILL HAVE AN ANSWER FROM ME WITHIN TWO (2) DAYS – EVEN WEEKENDS AND PUBLIC HOLIDAYS.

THIS ANSWER MIGHT BE A SOLUTION TO YOUR PROBLEM, OR ONE OR MORE QUESTIONS. THE LATTER MIGHT APPEAR NECESSARY IF YOUR QUESTION NEEDS MORE CLARITY OR ADDITIONAL INFORMATION.
THIS ASSISTANCE I OFFER IS COMPLETELY FREE. I KNOW THAT OWNERS OR PERSPECTIVE OWNERS OF SMALL AND MICRO BUSINESSES HARDLY HAVE ANY MONEY LEFT. ONLY IF MY INVOLVEMENT DEMANDS FURTHER NEGOTIATIONS WITH THIRD PARTIES, I WILL CHARGE YOU A SMALL FEE TO COVER MY COSTS. FOR ANY FEES AND OTHER COSTS OF THIRD PARTIES LIKE BANKS, ETC., YOU ARE RESPONSIBLE YOURSELF.

YOU CAN BE SURE THAT ALTHOUGH MY CONSULTANCY IS BASICALLY FREE, I WILL DO MY VERY BEST TO MAKE YOUR BUSINESS SUCCESSFUL. BUT YOU MUST KEEP IN MIND ONE IMPORTANT ISSUE. THE ONLY ONE WHO IS RESPONSIBLE FOR THE SUCCESS OF YOUR BUSINESS IS YOU.
ESTABLISHING A BUSINESS NEEDS DISCIPLINE AND HARD WORK. PEOPLE CAN HELP YOU DOING IT. BUT ONLY YOU ARE THE ONE WHO AT THE VERY END DECIDES SUCCESS OR FAILURE OF YOUR BUSINESS.

SO, I WILL ALWAYS BE THERE FOR YOU IF YOU NEED ME. BUT FINALLY, DO NOT BELIEVE IN ME, BELIEVE IN YOURSELF.
I AM EAGER TO HEAR FROM YOU SOON, AND I WISH YOU GOOD LUCK IN ALL YOUR ENDEAVOURS TO SEEK LONG-LASTING SUCCESS.

BUSINESS CONSULTANCY WITH GHANA RESEARCH

SEE YOU!