The Future of Ghanaian Business and Enterprise
Looking closely at the future of Ghana in terms of business and enterprise is an interesting way of seeing what could be in hold for the future of a country as a whole. The growth and development of business is key to a country’s economy and the continuing development of said country for the future.
The second Ghanaian SME (small to medium enterprise) EXPO and Conference , dubbed Business Sense 2012, has just taken place between May 31st and June 2nd and with the overall theme growing sustainable enterprise through finance and technology, the event shows how the growth of business and the future of industry, especially from a technological advanced standpoint, is something which is in the minds of many across the country. Held in Accra, the business event gave a range of both new and existing business owners to further their businesses and turn plans into realities.
The Importance of SMEs for the Future
The fostering and development of a dynamic community of small and medium sized business in the enterprise sector is an important priority for the growth of the nation as a whole. The vast majority of businesses across Ghana are considered SMEs and more events tailored to their needs are a great idea to ensure the future of Ghanaian business is prosperous and continues to develop.
The three day expo and conference gives new entrants into the business world a chance to find out more about how to grow and develop their businesses. The technology and financial services sector were at the forefront of discussions but with online marketing support, business plan writing and advice and also mobile business solutions, there was scope from entrepreneurs from all sectors to get involved. For example, the proprietors of new retail outlets, salons and catering establishments could find out more about purchase and cost management, protecting a store or unit site and also important information regarding delivery and stock level management. The business sector in Ghana is essential for the country’s economic development and therefore, insider and specialist knowledge to further the smaller growing businesses out there is always something to be praised and welcomed.
Finance and Technology for a Better Future
Organised by OML Africa, who describe themselves as your people partner in Africa, the event focused mainly on the importance of finance and technology for SMEs, across all sectors. The event was designed to equip as many SMEs as possible with the relevant knowledge and expertise to understand exactly how to integrate modern technological developments into their business to ensure future growth. It goes without saying that a strong and well developed SME sector leads to growth in employment and is the driving force behind overall economic growth, especially in Ghana where they’re said to make up such a large portion of all businesses across the country.
Financially sustainable yet modern technological developments can be embraced by Ghanaian business to ensure they aren’t left behind as the Asian and other markets continue to pick up speed. For example, sales of the K-Pad Tablet in Ghana have shown how this affordable device is preferred above the highly praised, yet highly priced Apple iPad alternative. The K-Pad is an example of a sustainable technological development that can be embraced by Ghanaian business and by using free local talent, in the form of web developers and app designers willing to trial their products for free, the innovation and entrepreneurship in the venture is even more praiseworthy. The K-Pad has been described as a device which can be integrated into many business sectors from healthcare to education and all at an affordable cost, which could be a revelation in the face of Apple’s all-encompassing product.
Ghanaian Entrepreneurs – Your Time is Now
As this conference has shown, the Ghanaian business community is in the perfect position to act and the economic situation is such that now is as good a time as any to invest, develop and grow your business. For a brighter future for Ghana and a chance to show the business world that innovation and creativity can be born from any environment, business people and entrepreneurs should grasp the moment. The future of Ghanaian business and enterprise is exciting and anybody can be part of it.