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Growing Business in Developing Countries

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Talk Affluence Growing businesses in developing countries and Marketing tips for entrepreneurs Image by Tumisu From Pixabay As a growing entrepreneur in a developing country, it is stuff to attain market feasibility, brand recognition and brand trust. All this is as a result of poor government policies formulations and implementation. Inadequate input by technocrats, real market players and political instabilities cause by power lust politicians. Hence, as an entrepreneur you will struggle to make an impression in the market and industry you are involved. Another factor really killing out local and growing entrepreneurs in these developing and third world countries also include over taxation, saturation of foreign products and brand, poor product design and packaging with corruption maltreating the fabric of every sectors. But are there any remedies for all these barriers and what seems as a road blocking to making young and local growing entrepreneurs to achieving the aim of starting ...

How to keep business finance separate from personal finance

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Talk Affluence Tips on How to Separate Your Business Finance From Your Personal Finance As a New Entrepreneur Image by StartUpStockPhotos From Pixabay As a new entrepreneur, it can be challenging to manage your personal finances and your business finances simultaneously. Mixing your finances can lead to many problems, including tax complications, difficulty tracking expenses, and cash flow issues. It is crucial to have a clear separation between your personal and business finances to ensure your financial stability and success. Here are some tips to help you separate your business finance from your personal finance as a new entrepreneur. The daunting task depends on your ability to budget and be steadfast in implementing your personal budget estimate and report. Because most times, new entrepreneurs and startup companies are run by people who have financial deficiency. They are sick with their personal finance and this is shown on how they manage their business financial life. So in ot...

How to pay off bad debts and be financially secured

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Talk Affluence How to pay off bad debts and be financially secured Image by Steve Buissinne From Pixabay Introduction We all desire good life and good life is expensive if not(very expensive). In all race of the world, few people in the community can boost of having a standard living. The percentage is less than 10%. Yet one thing elude the remaining 90% and drag them into download sloop or curve  That one thing is DEBT  Debt is a common problem that many people face in their lives. It can be overwhelming and stressful, especially when it becomes unmanageable. Lots of people know that getting into some deals are not too good for them in the long run, but due to financial pressure they ultimately jump into the wagon of accruing debts. Inasmuch as everyone depends on other for survival. They are those that feed fat from the others while their host become thin by day. This type of relationship can be ascribe to the type of debts call "bad debts" Bad debt can have a significant i...