GEOGRAPHY AND HISTORY

  Going into business is deceptively simple but staying in business and making a success of it is not. Success or failure are not the chance results of a toss of a coin. Being in the right place at the right time is partly luck but more so to do with good planning. Therefore setting up a business for the first time or expanding an existing business can be the road to riches and personal fulfillment. It can also be the road to financial ruin and personal misery. Successful businesses are a result of careful research, planning, enthusiasm, self confidence and commitment. If an entrepreneur identifies a business opportunity, it is ideal to carry out a feasibility study in order to ascertain whether the opportunity is viable/profitable. It also acts as a basis upon which financial assistance can be sought from the financial system. It can be broken into 3 categories, i.e market feasibility study, technical feasibility study and financial feasibility study. 1. Market feasibility study (...

 There are many possibilities for one who wants to start a business. These include; 1. Retail or wholesale type of business Retail businesses sell goods directly to the consumers usually in small quantities. Wholesalers buy goods often in large quantities from manufacturers or importers and then sell them to retailers and other distributors. 2. Franchise or independent type of business Many established companies offer franchises which are basically copies of their companies. If one buys a franchise, he/she is buying the right to sell the parent company’s goods/services in a specific area. Besides paying a franchise fee, he/she will also have to pay royalties perhaps additional fees to the franchisor. An independent business on the other hand is the one that one creates and nurtures on his/her own. Starting an independent business gives one the control and freedom that one will not get from a franchise operation. 3. Product or service type of business If one is a trained professiona...

  KCSE GEOGRAPHY FORM THREE TOPICAL QUESTIONS PDF FREE DOWNLOAD RELATED POSTS COMPARISON BETWEEN FISHING IN KENYA AND JAPAN THE CONCEPT OF ENVIRONMENT, COMPONENTS OF ENVIRONMENT AND THE PROBLEM FACING ENVIRONMENT Five (5) Advantages of questionnaire as data collection tool in research 5 DISADVANTAGES OF ROAD TRANSPORT 10 FACTORS THAT AFFECT OCEAN SALINITY CAUSES AND EFFECTS OF OCEAN BREEZE AND SEA BREEZE PLATE TECTONICS THEORY EXPLAINED 9 CHARACTERISTICS OF COMMERCIAL LIVESTOCK FARMING Characteristics of tropical northern climate 12 FACTORS THAT FAVOURED THE ESTABLISHMENT OF THE ASWAN HIGH DAM PROJECT IN EGYPT