3 Best Places to Know About Best Review About African Businesses

African Business has become quite a booming sector in the recent world.

Here I would like to quote an author:

“I once read about “the battle for control or the battle of the leadership of the world has always been waged most effectively at the idea provision level. An idea, whether it is right or wrong, that captures the minds of an all of a nation, a nation’s youth will soon work their way into every area of society, especially in our age in the multimedia. Given this, it is safe to say that a compelling or innovative idea that speaks to a nation’s youth is a very strong & powerful determinant of all future consequences”. – Erika Amoako-Agyei.

Nevertheless, I would note down 3 places to get to know about review Africa and it’s business perspectives. These are so far the best and most reliable sites you would find.

Olatorera.com

This site portrays all the listed companies and all sorts of business organizations in two columns. There is comprehensive information on all the institutions provided in the site. The site provides detailed information on each organization’s address, contact number, the web addresses, their social media links and a brief about what they do. Review Africa through this site and you will not miss a thing. You have a search place right on top of the home page, where you can search for your desired company or business along with a location and use filters. You will find hundreds of businesses and you can get information on any of them keenly.

Issuu.com

This site is a place where readers are encouraged to publish their untold or unpublished stories. People can read here different stories according to their choice and they can publish their own write-ups. This is also a site which keeps small data and information on different topics. For instance, you will find comprehensive lists on business organizations reviews (Africa) here as well. You can search in the search bar of Issuu with the keyword African Business review and thousands of results will follow. This section is a leading digital media news source and it provides content for the C-level executives who are focused on business and more. It provides industry-specific news throughout the African continent.

Africa Business Review:

The African Business Review was established in 2010. Africa Business Review (ABR) was named one of the best sites for international business people recently by Masters In International Business.
African Business Review (ABR) examines out Africa’s rising influences at present and future global marketplaces.

ABR tries to seek to arm the senior decision makers of the sector with the knowledge to understand the following:
1. Changing dynamics of the African economies
2. Partners and the investment opportunities that match the criteria
3. how to position international brands to take advantage of the rise of the African consumer.
Regular features of ABR includes:
1. Perspectives from the leading thinkers of Africa
2. Interviews with the business leaders
3. Analysis of the major events and the transitions
4. Features those covering the major industry segments

5 Tips for Doing Business in Africa

Africa is the newest and emerging spot for entrepreneurs and startups. Here are some easiest places in Africa to run a business according to the World Bank’s latest Doing Business report.

But on a basic note, I am talking about doing business in Africa. Most of the times when we are talking about this, it doesn’t matter who you are or where you’re from these 5 tips you need to know if you’re possibly doing business in Africa or taking your business to some other country in Africa.

Research

The first thing to do is your research. Now specifically I’m talking about online research. What are that country’s natural resources? What is your expertise? What do you have to bring to the table to talk about? Talk to the people here. Got to the embassy of the country that, you potentially want to visit and do business in.

Get on the ground

Now you need to get your boots on the ground. This is not the type of country where you are going to just set up a shop and run business, get paid and run it from the United States. This is just not going to happen. You are going to have to run some exploratory trips to the potential country, that you want to start doing business in (Africa).

Be strategic

Look at what people’s position is and how they can help you. Don’t look for permission to submit your ideas when you get face time with the high net worth and highly connected individuals. Give them the proposal, let them know about your area of expertise, your skill and most importantly your experience.

Get head to head to with the CEO

About any particular proposal or idea, get in front of the CEO or the decision maker or the influencer. You will get your work done in the easiest ways. It will reduce your steps of work and the influencer would make out great deals for you.

Africa is Africa

Africa is not the USA, it is not any other country. So keep this in mind that everything can be different here, and no one thing will be the same. So make sure you study comprehensively about the culture and ethics and norms of Africa and work right on track.

Other than these, there are some small etiquette that you must notice while running your business meetups in Africa, when people realize how often one has to go, Africa, if one doesn’t permanently live there, and how open-minded one has to be about doing business in Africa, they think it has to be an African. But it’s not necessary.

Don’t offer gifts with the left hand, use either your right hands or both hands.
Never rush contracts/ agreements
Talk about interesting topics in a meeting like sports or food
Do not show impatience
Maintain eye contact

Tips to Start and Run a Successful Franchise in Africa

It’s only natural if you want to start a Franchise in Africa because Africa is a budding economy and opening a franchise of a well-known brand adds value to both the economy and your pocket. Moreover, starting a Franchise in Africa helps your business to grow under a common, popular brand and share in the benefits of a larger business.

Before going any further on this topic, let’s discuss a bit more about the franchise. A franchise is a type of licensed business owned by individuals (the franchisees), but the interesting aspect of this business is that it is branded and overseen by a much larger national or multinational company (the franchisor). Many stores and restaurant we see on the streets of Africa like McDonald’s, The UPS Store, and Pizza Hut are franchises.

Why open a Franchise?

While Starting a Franchise in Africa, many people might ask why a franchise and why not an individual business. The befitting answer would be that a franchise already has a popular brand name and gives instant recognition; you don’t have to spend years to build a valued name for your business.

On the other hand, starting a Franchise in Africa is a huge opportunity for the franchisor; they can expand their business in a new territory without having to take the risk. The risk factor is totally on the franchise.

Few Tips to Start a Successful Franchise in Africa

As I have said earlier that starting a franchise in Africa is less risky than starting a business from scratch. The franchisor has done a lot of the work for you but still, you need your own brain and hard work to run the business successfully.

Let’s discuss Few Tips to Start and Run a Successful Franchise in Africa:

Choose the Right Business for You

Even before choosing a franchisor, decide the type of business you want to establish; the type that interest you and you think you can shine in that particular business. For example, if you have a love for foods and always wanted to enter into the restaurant business, then a food-chain or restaurant franchise would be the perfect choice for you.

Have a Clear Core Concept

Before starting a franchise in Africa, have a very clear idea about the franchise business, how much it would cost you to get your desired franchisors license and the licensing terms. A vague idea will not do; it may have an adverse effect on your business.

Choose the Perfect Location

Find the best location to set up your franchise business. Location is very important because success mostly depends on location also. Often the franchisor also helps you to find the place to set up your new business. Try to choose a location that customers prefer to visit frequently for one reason or the other.

Focus on Services

Buying a franchise gives you a ready-made brand name and instant popularity. But at the end of the day, it comes to how well you serve your customers. Great customer service and satisfaction will help you to remain in the market.