Family owned enterprises (FEPS) can learn a lesson or two about succession from the manner in which prominent families globally prepare for succession. FEPS are businesses whose ownership is largely or totally controlled by members of the same families. Infact in Kenya, this is the most common form of business, from the small kiosk to …
Africa is a frontier market and has attracted a lot of global attention in this decade. Kenya is East Africa’s largest economy and is receiving a lot of attention from foreign investors as is the rest of the region. Perhaps this new trend could create opportunity for your business to expand. A lot of businesses …
Branding is one of the main pillars of your business. It is your identity and it is also an asset for your business. Branding interfaces with many other aspects of your business and it affects all aspects of your business. There are many things to consider before one can settle on a particular brand. Some …
Someone I know (let’s call him John) wanted to buy a property that they had seen advertised in the dailies. The graphic design of the yet to be built house was fabulous and the concept outstanding. The amenities promised included a swimming pool, club house and gym. He immediately expressed interest and was given the …
Buying property off plan: Legal issues to consider Read More »
As we head towards the New Year, a lot of new businesses are formed by entrepreneurs. However without proper business planning, the business is not likely to perform optimally. This is a check list that can be used by startups in planning their business for longevity and survival. The first thing to do is …
Intellectual property rights that is patents, trademarks, copyrights, utility models and others, give to the owners an almost monopolistic right over their creations. Generally, no other entity can use those works without permission of the owners. Businesses that secure intellectual property rights, usually attain a competitive or in some cases, monopolistic advantages over their competitors. …
COMPULSORY ACQUISITION OF AN INTELLECTUAL PROPERTY Read More »
Minority shareholders hold the minority vote and control of the company. The chances of the company altogether disregarding the wishes of the minority shareholders are very high as most of the time there vote counts for little. In one of Kenya’s largest shareholder disputes, the two majority shareholders took their fight to court and also …
Branding has always been a powerful tool for businesses. Every business has a brand and that is because branding is the image and the outlook that your customers have about your products, services and their experience with your business. I have seen many ways that businesses create their brand. One could be by beginning with …
EMPLOYEES AS YOUR BRAND: USING THE EMPLOYMENT CONTRACT TO CREATE A BRAND Read More »
A lady known as Ms. Donahue and a friend travel to Paisley from Glasgow and on the way they stop at a restaurant and decide to have some cool drinks including a ginger beer. The owner pours half of the drink into Ms. Donahue’s cup and the other half in her friend’s cup. By that …
The much awaited Competition Act comes into effect on the 1st August 2011. The coming into force of this legislation is a major win for businesses as it encourages and promotes fair competition in the market. Fair competition is beneficial to the economy as it encourages innovation across all sectors. This in turn leads to …
