Xcentaur Consult

On 30th September 2022, we organised the 2nd Knowledge Cafe in the 10 part series of the Business and the Law Knowledge Cafe. The Cafe was resourced by CC Gabriel & Company Legal Practitioners in pursuit of our shared vision of an Africa where Enterprises sustain wealth beyond generations.

Vision driven and growth oriented enterpreneurs and other entrepreneurial ecosystem players joined together at Mpoto Yathu in Lusaka, to share their insights and experiences and to gain a deeper understanding of the options available for financing their businesses. The Cafe also provided an opportunity for expanding business networks.

The business and the Law cafe is fulcrumed on our appreciation that the law governs and regulates virtually all aspects of the business process from formation to exit and provides strategies and safeguards that can be exploited to facilitate sustained business growth. Hence we endeavour to explore various aspects of the relationship between business and the Law. We believe that this exploration, will empower businesses to leverage the law as a tool for growth.

Thank you to our conversationalists for lending their time to this collective surfacing of knowledge. Michel De Montaigne's hit the nail on the head when he averred that the "most fruitful and natural exercise for our minds is, in my opinion, conversation". We ever that the active exercise of our minds is a prerequisite to businesses that stand the test of time. We heard your clarion call to hold monthly cafes. While we put logistics in place to heed this call, we will be hosting our next Knowledge Cafe in November 2022. See you then!

Dear African Entrepreneur,

Please find herewith 10 Tips for Managing Small Business Finances shared in an article by Matt D'Angelo. The way he sees it "the most important step for any business owner is to educate themselves. By understanding the basic skills needed to run a small business – like doing simple accounting tasks, applying for a loan or drafting financial statements – business owners can create a stable financial future and avoid failure. In addition to education, staying organized is a major component of sound money management. Education and organization are two keys to ensuring your business is financially healthy.Properly managing your finances stabilizes your company and makes your business less likely to fail." Please enjoy this Article and remember to:

1. Pay Yourself

2. Invest in Growth

3. Don't Be Afraid of Loans

4. Keep good business credit

5. Have a good billing strategy

6. Spread out tax payments

7. Monitor your books

8. Focus on expenditures but also ROI

9. Set up good financial habits

10. Plan ahead

Tips for Managing Small Business Finances - businessnewsdaily.com Managing your finances is critical to running a successful business. Here are some tips to make sure your finances are being properly managed.

Dear African Entrepreneur,

Please find herewith a simple but impactful Article on overcoming business blockers. These insights from business owners and experienced entreprenuers struck a nerve and are worth a share. Enjoy and remember to:

1. Embrace Change to overcome the Fear of Success.

2. Believe in your Vision to overcome Doubt.

3. Understand your Value to overcome Market Concerns.

4. Kick start your Idea even without Funding.

5. Believe in your Team to avoid Overwork.

6. Practice Generosity to overcome the Scarcity Mindset.

7. Gain Confidence over time despite doubters.

8. Share your Creation and the Right Audience will find you.

9. Try despite the Fear of Failure.

10. Get Feedback to overcome the Fear of Rejection.

Top 10 Business Blockers To Overcome As a First-Time Entrepreneur From overcoming the fear of success to the fear of rejection, there are several business blockers to overcome as a first-time entrepreneur.

Still reeling from the excitement of the Knowledge Cafe which was held on Friday 29th July 2022 resourced by CC Gabriel & Co Legal Practitioners. With the shared vision of an Africa where Enterprises sustain wealth beyond generations, we brought together vision driven enterpreneurs to surface their collective knowledge and share ideas and insight to gain a deeper understanding of strategies that family and friend owned businesses can utilise to position themselves for sustained growth. It was also an amazing opportunity for synegising and expanding business networks.

Our utmost gratitude to the Conversationalists who took the time to share their experiences and insights at our inaugurial knowledge cafe on Business and the Law. The words of Ameen Rihani ring true "The footsteps of a pioneer become ultimately the highway of a nation." Your pioneering spirits will definitely build this nation. Thank you.

Thank you also to David Gurteen for trusting us with this idea and for the guidance offered.

We are excited to be hosting our next Knowledge Cafe in September 2022. Being mindful that the law governs and regulates virtually all aspects of the business process from formation to exit and also provides strategies and safeguards that can be exploited to enhance the business experience and facilitate sustained business growth, we will continue to explore various aspects of the relationship between business and the Law. We believe that this exploration, by enabling the entrepreneurs and business owners to appreciate the interaction between the business and law, will empower businesses to leverage the law as a tool for growth. See you in September.

It was a pleasure having Chishimba Chilekwa from CC Gabriel & Co Legal Practitioners speak to Entreprenuers and potential and actual business owners about Legal considerations when you want to start a busness. Please join us for our next Legal Brainery to be held in July.

Xcentaur held its first Legal Brainery. To build businesses that dare to dream and become significant, we must understand the rules of the game.