There is a hotel in Japan — Hoshi Ryokan — that has been run by the same family for approximately 1,300 years. Forty six generations have managed to maintain control of the business. Until 2010, the Guinness book of records considered it the oldest hotel in the world. In 2011 the title passed to another hotel in Japan, that had been founded in 705 AD compared to Hoshi’s 718 AD.

In Uganda, as most businesses are family businesses, a large number fail, including on death of the patriarc...

By Grace Khaukha, Business Associate, Inachee

"Have you ever had or seen a great business idea that looked nice on paper but when you set it up it did not turn out as easy as it sounded? Abracadabra!!?" 

Grace Khaukha, a business associate at Inachee and also a business owner shares her views in this article about the steps to business success (or is it magic).

With a high failure rate of business in Uganda, estimated at over 50%, perhaps understanding business magic is the solution.

Click her...

If your business exhibits 10 of the first signs, then you know that your business is on the right path, on its way to success?  You are hot! However if on the other hand, your company exhibits the latter 10 signs, its time to re – think. You are heading towards the cooler of failure... You need to be afraid!

In this article, I explore from my experience (with help from various business sources) the tell tale signs of succe...

In American Beauty the 1999 Oscar winning movie featuring Kevin Spacey, one of the characters had a memorable mantra “In order to be successful, one must portray an image of success at all times”. This is true in almost all aspects of doing business.

A doctor dresses and carries on like a doctor, and so is trusted to treat disease.

 A lawyer dresses and carries on like a lawyer and so is trusted to litigate for their client successfully.

Their image and the way they are perceived th...

Like myself, today's twenty-somethings were raised to find our dreams and follow them. But it's a different world. And as the jobless generation grows up, we realize the grand betrayal of the false idols of passion. This philosophy no longer works for us, or at most, feels incomplete. So what do we do? I propose a different frame of reference: Forget about finding your passion. Instead, focus on finding big problems.

Putting problems at the centre of our decision-making changes everything...