You may think of a bank as the place people keep their money, but banks contribute greatly to the economic development of a country. They do so in many ways and we shall look at some of them: They provide development loans. Imagine if there was no one to lend to all the regular people who want to start a business, or even the big companies that occasionally find themselves … [Read more...] about How Banks Help National Economic Development
Business
Five Reasons to Call an Electrician
Thinking of fiddling with your home's wiring instead of calling an electrician? Maybe you learned a little bit about circuits in school, but tinkering with electrical systems is serious stuff. To convince you to err on the side of caution, here are five really good reasons to call an electrician. Reason #1: You don't really know anything about electricity Look, you … [Read more...] about Five Reasons to Call an Electrician
What is Cloud Computing?
One of the newest buzzwords on the technology front is 'the cloud'. The term 'cloud' is a descriptive word that illustrates a fundamental characteristic of cloud computing – it is a virtual or remote service. Cloud computing is a way of providing a service that is hosted from a remote network of computers. The services that cloud computing services provide can be any of … [Read more...] about What is Cloud Computing?
Tips for making a pitch to an angel investor
Have a business idea but no capital to fund it? Angel investors may be the answer to your prayer. Angel investors are individuals (or sometimes, a network of individuals) who can infuse money into your business. Here are some ways to make an effective pitch to them. … [Read more...] about Tips for making a pitch to an angel investor
5 steps to launching a product
Anyone can become an entrepreneur. You don't (and shouldn't!) have to quit your job to start one. If it is only moderately successful, you can continue to climb the corporate ladder while your business grows. If it doesn't succeed, you still have the job that you love. Here are some tips on how to get it started. … [Read more...] about 5 steps to launching a product