Introduction Ask any renowned entrepreneur how they started their journey and you will hear some saying they become restless at some point in their minds that they decided to explode into action. It all starts in the mind. Lasting entrepreneurship emanates from the need to change things for the better. The difference between what you […]
ENTREPRENEURSHIP IS A MINDSET Read More ยป
Introduction According to the United Nations Department of Economic Affairsโ 2019 report on the International Youth Day, youth population stood at 1.2 billion with a projected increase of 17% up to year 2065. Such a figure speaks of almost 16% of the total population. This means when such kind of active energy in youth is
YOUTHS AND ENTREPRENEURSHIP Read More ยป
Our continent can only be stronger if we pull forces in one direction as a unified and progressive body. As we forge our transformation agenda forward as the Institute Of Entrepreneurs Zimbabwe, that of propagating generational entrepreneurs for socio economic transformation, we need to go beyond the boundaries and engage un numerous of exchange programs with other African Countries and push on the Agenda at SADC level.
As we have been and still preach the Entrepreneurship gospel, there has been a number of converts. People have fallen in love with Entrepreneurship and Business especially on the issue on owning and running their own businesses. Some of these have never run even a successful tuckshop neither did they encountered any management education theoretical or practical while others are engineers and scientist who want to venture into their own businesses.
The CERTIFIED PRACTICAL BUSINESS MANAGER (Cr.PBM) program Read More ยป
Our earning level or income level is directly proportionate to our learning ability that is if we apply yourself well. The reason why youโre taking forever at that level of is that, you too have normalised it. Those that you see making it in life and business in particular got to a point where they
YOU TOO CAN MAKE IT Read More ยป
The company was supposed to be Paradigm Enterprises Private Limited. This is what we had agreed on and started using it manufacturing our freezits from those 20ltres bucket freezit making machines. Yes, we started off from there though we later grew to having those automated and faster machines. Our uniforms and packaging materials were well
We lost considerably on that name, anyway we learnt the lesson. Read More ยป
Even if you have your wife, brother, sister or son on key positions within the organisation, that should never be a substitute for effective internal controls. These are mere human beings capable of conniving and being convinced otherwise. What maintains and locks in your value are strong and effective internal controls. Controls assist on the
Employing relatives is never a substitute for internal controls Read More ยป
It is incumbent upon the management of any organisation to make sure all the assets, liabilities and transactions are secure, complete and well cast. Failure to have this in place will result in uncalled loss of value, profitability and stakeholder trust. This is achieved through deliberate deployment of internal control systems which are well structured,
Janet opened her big grocery shop in Chitungwiza from her farewell package. As someone who was a bit informed bought four POS (Point of Sale) machines to make the invoicing easy as she anticipated high traffic on her busy shop location. The location proved busy and her daily sales were so encouraging. She had a
PHYSICALLY COUNT THEM OR ELSEโฆ Read More ยป
Internal Control is a process, affected by an entity’s board of directors (trustees), management, and other personnel, designed to provide reasonable assurance regarding the achievement of objectives (COSO). Internal Controls include a wide range of activities that occur throughout the organization, by supervisory and front line personnel. Typically, management is responsible for developing an appropriate
Youโll not achieve your organisational objectives without strong Internal Controls Read More ยป
