There are many franchise opportunities available in Zimbabwe. Franchising is simply a method for expanding a business and distributing goods and services through a licensing relationship. In franchising, franchisors (a person or company that grants the license to a third party for the conducting of a business under their marks) not only specify the products and services that will be offered by the franchisees (a person or company who is granted the license to do business under the trademark and trade name by the franchisor), but also provide them with an operating system, brand and support. To invest in...Read More
Author: StartupBiz Zimbabwe
Enterprise: Gary Thompson and Associates Website: www.gtaworldwide.com It is unthinkable to talk of advertising in Zimbabwe and not include Gary Thompson. He founded the organization Gary Thompson and Associates, and with a devoted team under his belt, they made a slogan “We bring Vision”. Gary Thompson and Associates offers marketing & advertising services, public relations and digital media services. Gary Thompson also participated in Season 1 of the TV Show Simba Savannah , the Zimbabwe’s version of Dragon’s Den, as one of the “Simbas” who provided funding to the entrepreneurs who were pitching. Gary Thompson wanted to pursue a career in...Read More
Like many small business owners, you may believe your business cannot benefit from having a website or that a website is not within your budget. Or maybe you think because you don’t use a computer, neither do your potential customers. These are misconceptions. Here are some reasons why your company NEEDS a professional website, no matter the size of your business. 1. Accessibility ...Read More
Cross border trading business is a low capital business to start in Zimbabwe, and can be very rewarding if done properly. The key is to identify which products to trade, and have a good marketing strategy. It’s a numbers game, the more goods you can sell, the more profit you earn. Top destinations of Zimbabwean cross borders traders include South Africa, Botswana, Mozambique, Zambia and Tanzania. What is needed to start the business and costs? Lots of travelling time is needed, a passport and obviously money. The cross border trade includes a lot of options that you can pick from...Read More
Business: TA Holdings, Masawara plc Website: www.masawara.com; www.ta-holdings.com As an entrepreneur you have to work your way up until you reach the top. Shingayi Stanley Mutasa was born on 26 November 1958 and raised in Mutare. He graduated with an undergraduate in Economics from the University College London. Shingai Mutasa is amongst the wealthiest people in Zimbabwe. Shingai has various interests in construction and energy. He started as a regular stock broker, working in the family business and later acquired TA Holdings, one of the largest Investment Holding Group in 1997.TA Holdings is an investment company that invests in companies that are making or...Read More
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Question 1 of 10
Revenue is the income from sales of products or services. Revenue is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold.Incorrect
Revenue is the income from sales of products or services. Revenue is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold.
Question 2 of 10
Which is the largest bank in Zimbabwe?Correct
CBZ is the largest bank in Zimbabwe, followed by CABS.Incorrect
CBZ is the largest bank in Zimbabwe, followed by CABS.
Question 3 of 10
What is the monthly poverty datum line for a family of 5 in Zimbabwe (2016)?Correct
The poverty datum line in Zimbabwe is $480Incorrect
The poverty datum line in Zimbabwe is $480
Question 4 of 10
Which sector contributes more to the GDP of Zimbabwe?Correct
Since 2009, the Distribution, Hotels, and Restaurants sector has been contributing more to the GDP of Zimbabwe than other sectors. (Source : ZIMSTAT)Incorrect
Since 2009, the Distribution, Hotels, and Restaurants sector has been contributing more to the GDP of Zimbabwe than other sectors. (Source : ZIMSTAT)
Question 5 of 10
The financial statement that reports the revenues and expenses for a period of time such as a year or a month is the ……… ?Correct
The income statement reports the revenues and expenses for a period of time.Incorrect
The income statement reports the revenues and expenses for a period of time.
Question 6 of 10
How much tax do Zimbabwe businesses pay?Correct
Businesses pay 25% tax in Zimbabwe.Incorrect
Businesses pay 25% tax in Zimbabwe.
Question 7 of 10
Debt is a liability not an asset. An asset is defined as a resource that is owned or controlled by a company that can be used to provide a future economic benefit.Incorrect
Debt is a liability not an asset. An asset is defined as a resource that is owned or controlled by a company that can be used to provide a future economic benefit.
Question 8 of 10
Munyaradzi Gwatidzo is the founder of which company?
Question 9 of 10
There must be sufficient finance to pay for the daily running of the business.This money is known as ?Correct
Working capital is the cash available for day-to-day operations of an organization. If you don’t have enough working capital you may go bankrupt, even though your business is profitable!Incorrect
Working capital is the cash available for day-to-day operations of an organization. If you don’t have enough working capital you may go bankrupt, even though your business is profitable!
Question 10 of 10
It is important to make eye contact with a customer because?Correct
Eye contact reassures customers that your attention is focused on themIncorrect
Eye contact reassures customers that your attention is focused on them