Africa Rising: How Founders Can Tap into the Continent's Potential
The African continent's rapidly growing population, coupled with rising urbanisation and increasing disposable incomes, presents a lucrative opportunity for many businesses. It takes a creative, opportunistic and even adventurous mindset to see and take advantage of the opportunity Africa presents.
Tax implications when entering Africa
The cost of doing business on the African continent can be high. A lot of times entrepreneurs who are just starting out don’t include tax implications in their budget only to later realise they’ve really strained their profits. With anything numbers related, we don’t want to really hit this issue head on but by getting the right kind of advisory support, you can prepare yourself for the worst and also learn about alternative solutions. Start now rather than wait.
Funds Management
Just like personal finance, Funds Management gives control to a founder and should help guide strategy and expense decisions. The problem with many startups is that not enough attention is given to Funds Management and trying to understand what the numbers are saying which leads to a lot of bad decisions.