Benefits Of Registering As A Taxpayer If You’re A Small Business Operator In KenyaKuza Blog

In his Eighth Condition of the Country Tackle on 30th Nov this yr, President Uhuru Kenyatta submitted a report to the parliament recognizing Micro, Tiny, and Medium Enterprises (MSMEs) as the lifeblood of Kenya’s economic climate still a huge number of them are unlicensed.

In accordance to the 2017 Financial Survey, there are about 1.56 million certified MSMEs and 5.85 million unlicensed related enterprises in Kenya.

This suggests that less than 27 % of all companies in Kenya are registered. Out of these, 92.2 % are micro-enterprises even though only 7.1 per cent and .7 per cent are modest and medium enterprises respectively.

The cause some of the MSME operators give for not registering their firms is that they worry remaining subjected to superior taxation that may possibly stop up eating on their profit.

On the other hand, as you will before long learn, there are numerous added benefits that await unregistered MSME operators as taxpayers that which include loans and federal government products and services. 

Bid for government contracts

Bid for government contracts

As a registered modest business operator as a taxpayer, you will be placing yourself in the ideal position to bid and gain government tenders and trade with the government and non-govt institutions.

If your enterprise is not registered, you can’t bid for governing administration contracts or even companion with other enterprises to consider benefit of communal rewards which include vital networks, in particular with greater businesses with who they could even enter into sub-contracts.

As a result, you will

Continue Reading ...
10 Simple Time Management Tips for Small Business Owners

10 Very simple Time Administration Ideas for Modest Business Owners

 

Day-to-day tasks for business enterprise house owners are considerable. You may perhaps neglect time management even though you harmony your lots of duties. A mediocre businessperson can come to be a tiny enterprise operator of exceptional caliber with very good time administration qualities.

You won’t waste time if you exercise suitable time administration. There are only so many hours in a working day, so you want to be absolutely sure you make the most of them.

Next are some basic time management tips for company entrepreneurs:

1. Preparing Is Essential

Any schedule activity that is approached carelessly is particular to are unsuccessful. You may even overlook why you begun the activity in the to start with place considering the fact that you are going to be so focused on ending it.

You can adhere to a system as a result of in methods when you generate one for any component of your group. This would make it easier in general and also lends by itself to time management goals, as any small business coach would recommend.

How to get started going is as follows: Determine your major 5 organization priorities for the coming 7 days. When you have established these achievable targets, develop a system for finishing each and every exercise and increase it to your Google calendar. Check one particular goal off the checklist just about every working day right after the system has been created for every single.

Continue Reading ...
National Veterans Small Business Week is Almost Here

The U.S. Smaller Business Administration (SBA) has introduced some prepared situations to celebrate the impending Nationwide Veterans Compact Company 7 days (NVSBW) from October 31 to November 4.

The ideas consist of a series of digital and in-human being events highlighting the entrepreneurial spirit and resilience of veteran compact company house owners in the United States. The week will also see customers of the SBA together with source associates and other folks highlighting a wide variety of areas that are section of a veteran’s entrepreneurial journey.

national veterans small business week



SBA Aid for Veteran Tiny Organizations

The SBA will also be placing a target on the support they give this critical local community in the sort of hybrid, in-man or woman, and digital formats. They will address a amount of matters like entrepreneurial instruction, federal government contracting and disaster guidance, as effectively as transition assistance and entry to money sources.

There are above 100 digital functions at present open to the general public, with all of them cost-free to attend. Intrigued events can pay a visit to the SBA website to see the total timetable of occasions.

Furnishing Entry to Resources and Resources

The SBA’s Administrator Isabella Casillas Guzman spoke about the celebratory 7 days, expressing: “Each year we celebrate National Veterans Modest Organization 7 days to honor America’s almost two million veteran business owners who have answered our nation’s phone to provide and protect us and are now earning a variation every day for community communities and our nation’s economy. This 7 days,

Continue Reading ...
Not Taliban, ISIS Or Al-Qaeda, But China Is Haunted By Another Small ‘Islamic Outfit’ In Afghanistan

As the US has withdrawn almost 90% of its troops from Afghanistan, the return of various terror groups like ISIS, Al-Qaeda and Taliban has created concerns in various neighboring nations including China. 

US’ ‘Omnipotent’ F-35 Stealth Jets Getting ‘Unaffordable’; Defense Department Says Need To Cut Costs

On July 6, the Pentagon announced that US withdrawal is more than 90% complete, two months before the September 11 deadline. The country recently vacated Bagram Airbase near the capital city of Kabul, which was a primary military base for launching what was called America’s war on terror.

This development comes amid the Taliban’s persistent efforts to capture a key city in western Afghanistan. Reports suggest militants now control almost a third of the country with making new gains every day.

On July 5, the Taliban seized control of key districts in the southern province of Kandahar, including Panjwai district, home to Taliban leader Hibatullah Akhundzadaas as more than 1,000 Afghan soldiers fled to neighboring Tajikistan.

China Deeply Worried, But Why?

The international community is concerned about the Taliban making a rapid advance before western troops leave Afghanistan, which will then become a breeding ground for other terrorist groups and organizations like Daesh (commonly known

Continue Reading ...