Business Archives - Nexio Fund

Starting a Business in Kenya

August 18, 2021August 24, 2021 Ayla Bayer

Starting a business in Kenya is not easy. Many Kenyans who attempt to start their own business often fail because of the many challenges they face, including lack of capital, limited knowledge on how to start a business and lack of trained personnel. The first step in starting a business in Kenya is to have an idea or at least an interest in something that you want to sell or offer. You need to formulate your idea and then research on what you would need to get started with it.…

Common Problems with Customs Clearance

February 26, 2021 Ayla Bayer

Although seems to be pretty easy, the customs clearance might as well lead you to face certain challenges. These might range from the incorrect classification of the products to the packaging of the products with the wrong details of the consignment in it. This mainly happens due to the complexity of the process of filing the documentation and the accuracy that it needs for the filing. These might also happen because of the time that is consumed in the entire process. Below are mentioned the most common problems and how…

Financing simplified: An overview of small business loans in Canada!

February 1, 2021 Ayla Bayer

Running a small business is often about dealing with many challenges at the same time. When there is a financial crunch, startups and smaller companies may not have easy access to conventional bank loans and other financing options. That’s precisely where small business loans can be handy. In Canada, there are services like Accord Financial business loans, which offer loans up to $75,000, which typically have a limited term, usually not extending beyond 18 months. The client is expected to repay the loan in easy weekly fixed installments. Why consider…

Importing into The US? Here’s How Customs Broker Can Help You

January 25, 2021 admin

If you are thinking of importing into The US and want to start efficiently and immediately, then there are certain steps that you have to follow for a seamless business. One of the important aspects of starting an import or export business revolves around customs. If your documentations are not done right, then it can cause you trouble while getting border clearance. This is why customs clearance is regarded as one of the most difficult phases in starting any import/export business. A customs broker can help you in many ways…