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It is said that 96% of all startups fold up after the first year of operation. This implies that only 4% pull through the first year safely. Surprising right? But despite these shocking statistics, more and more companies appear on the corporate scene each day and more end up on the rocks year after year. |
Category Archives: Business
before you say let’s do business
Saving the cedi – TUC advocates tax on forex trade
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The Trades Union Congress (TUC) has called for a financial transaction tax (FTT) on foreign exchange transactions to curb speculation around the cedi, while it criticised the Bank of Ghana’s “fruitless attempts” to shore-up the currency. |
Are Funny People More Successful In Business?
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Steve Cody, 57, is co-founder and managing partner of Peppercom, a mid-size communications agency based in New York. He’s also an amateur stand-up comedian, performing frequently at the New York Comedy Club. |
PayPal, Facebook Investor, Peter Thiel, Buys Stake in Lore
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Peter Thiel — famous for co-founding PayPal, investing an early $500,000 in Facebook, and offering $100,000 to college students to drop out and start a company is investing in a start-up that makes life better for teachers. |
Fidelity Bank lists on Stock Exchange
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Fidelity Bank Ghana Limited has secured the approval of its shareholders to list on the Ghana Stock Exchange to raise additional capital.
The management of the bank was given the mandate to take all the necessary steps, including the appointment of all relevant professional advisors required for the Initial Public Offer (IPO) and listing of the company on the Ghana Stock Exchange between 2013 and 2015. |
12 Ways To Spot A Liar At Work
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Your boss tells you that “this change is for the best,” but as she speaks, you notice her stiff body posture and forced smile. Is she being honest with you? |
Apple’s Secret Plan For Its Cash Stash
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apple has $100 billion of How about buying up its own supply chain? A lot of high-tech manufacturers on The Global 2000 dream about controlling what they pay for components and gaining the assurance that crucial parts will flow as needed. |
How directors of listed companies cheat shareholders out of their wealth
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shareholders investing in NSE-listed companies can only create wealth when their boards conduct themselves with utmost integrity and shun deceit and choreographed corporate lies. |
World Bank job should go to Okonjo-Iweala, say ex-staff
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A group of former World Bank officials has written a letter backing Nigeria’s Finance Minister, Ngozi Okonjo-Iweala, to be its next president.
Traditionally the post is given to the candidate put forward by the US, which this time is Dr Jim Yong Kim. |
Why You Should Dump Your Stocks And Sell Your Business Now
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Five years ago, when Knoll, Inc. first approached father and son Richard and Peter Schultz about buying the outdoor furniture company they started together in 1992, they didn’t feel ready to sell. Soon after, the economy, housing market and demand for small furniture companies collapsed. |
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