Business and Money Lessons

Warren Buffett's Berkshire Hathaway to Buy Snowflake IPO   Business Insider reports that Warren Buffett's Berkshire Hathaway intends to invest approximately $570 million in Snowflake (a cloud-data platform), when it goes public.   Away's Popular Luggage on Sale for the First Time   USA Today reported on Away luggage’s first-ever sale that is currently happening. Discounts of up to 50% are available on select items.   Reliance Retail Offers $20 Billion Stake in Retail Business to Amazon   Bloomberg reports that Indian billionaire Mukesh Ambani’s company, Reliance Industries Ltd., is offering a $20 billion stake in the company’s retail business to Amazon.com Inc. Reliance is willing to sell as much as a 40% stake in the retail unit.   Home Depot Will Cancel Black Friday   CNN reports that Home Depot, the home improvement retailer, will take a different approach to the yearly Black Friday’s one-day deep discounts bonanza. Instead of the single

Here’s a snapshot of business news in Kenya on Sunday, May 10 th , 2020. 1.      African Countries in Need of Debt Waiver While Facing Covid-19 Crisis The Daily Nation reports that Kenya owed Sh 3.1 trillion to foreigners by the end of December 2019, and the debtors require dollars to pay them off. If creditors insist on debt repayment during this pandemic period, African countries may have to offer their assets, including arable land. 2.      Couple Opens Grocery After Covid-19 Shuts Their Events Planning Business The Daily Nation tells the story of Moses and Julie Chege, a married couple selling fresh produce as a survival strategy after the new coronavirus disease (Covid-19) outbreak. Their events’ planning business died as soon as President Uhuru Kenyatta announced Kenya’s first case of Covid-19 and the government cancelled all social gatherings. 3.      A Side Hustle Farming 11,000 Tilapia and Catfish The Daily Nation carries the story of a farmer wh

If you're evaluating which business to start between two or more options, one aspect you may consider is the potential future growth of the business. Depending on the starting capital required and inventory turnover, you might find that a low-profit business offers greater growth potential than a high-profit business. Evaluate your options using this calculator (the calculator may take a few seconds to load): This calculator only provides general information. It's not intended to give specific advice or recommendation. Loading…