How to Become a Human Resources Consultant

Human resources personnel offer advice on a wide range of
issues. They are involved in workplace activity, policies, procedures and compliance
to the law.

They recommend, reorganize, mediate and develop an
effective HR model. They work as independents or through a consultancy firm.
The individual should have higher education such as a Bachelors, Masters DBA,
PHD.
The
Job Description
What does a human resources consultant do? The person
assists, develop, coordinate workflow and audit conduct. They offer strategic
services, hiring, benefit packages and recruit. They prepare HR reports,
implement, develop and revise policies.
The person conducts training sessions, offers
recommendations and analysis the companies HR programs. They require IT
training, sales finance and marketing skill and understand labor laws.
woman
HR
Work
•         The person
assists
•         Coordinate
workflow
•         Offer
strategic services
•         Hiring
•         Benefit
packages
•         Recruit
•         Prepare HR
reports
•         Implement,
develop and revise policies
•         Conducts
training sessions
•         Offers
recommendations
•         Analysis
the companies HR programs
•         Require IT
training
•         Sales
finance
•         Marketing
skill
•         Understand
labor laws
Salaries
and Remunerations
Companies pay top dollar for the services of a qualified
human resources personnel. The pay package differs based in demography,
experience and qualifications. According to various sources the pay in Nigeria
averages $22,700.
The HR salaries in Atlanta, GA Area is $62,054/yr while
additional cash compensation range from 1,069 – 19,587. Human resources
salaries differ by company from Home Depot 40,000/yr  or 17/hr. Hospital 70,000/yr, Caters hourly
intern 13 -15 hours, university 57,912/yr.
HR
Salaries
•         HR in
Nigeria averages $22,700
•         Atlanta,
GA Area is $62,054/yr.-cash compensation1, 069 – 19,587
•         HR Home
depot 40,000/yr, or 17/hr.
•         Hospital
70,000/yr.
•         Caters
intern 13 -15 hours
•         University
57,912/yr.
How
to Become a Human Resources Consultant
To become one you need to acquire the necessary
certification and training. You need formal education and completion of a
bachelor’s degree. To advance quickly in the competitive market you need a
master’s of business administration in human resources.
Other related fields of study are marketing management,
international business management and management information system. Take
courses in leadership, strategic management, business ethics and organizational
behavior. Make sure you get a professional certificate.

Courses
•         Bachelor’s
degree in HR
•         Masters of
business administration in HR
•         Marketing
management
•         International
business management
•         Management
information system
•         Leadership
•         Strategic
management
•         Business
ethics
•         Organizational
behavior
•         Professional
certificate
Personal
Skill
The competence requirements include ability to improvise,
good listener, practical and theoretical knowledge. Others are good
interpersonal skill, self-confidence, trustworthiness, ability to conceptualize
ideas and a hard worker. The person needs advanced business knowledge of the
industry.
•         Ability to
improvise
•         Good
listener
•         Practical
and theoretical knowledge
•         Interpersonal
skill
•         Self-confidence
•         Trustworthiness
•         Ability to
conceptualize ideas
•         Hard
worker
•         Advanced
business knowledge

How to apply for government loan

It is easy to access information through an online
database for various loans. The process of applying for a personal government loan
is easy and straightforward.

You don’t need a third party simply go to the government
website. Some provide microloans, help subsidies new businesses or operate
small business incubators.

loans

Steps
1. To effectively apply for the loan you need to research
your cost and expenses. You need to state how you will use the loan and why you
need the loan. It is important to have well-research figure.
2.  Develop a
business plan that explains your business structure and ideas. The detailed
account should specify how the money will be spent. It must show how the
business will generate income and pay off the loan.
3. A business plan developed with small business
association assistance will go a long way. Try to emphasize on the returns and
potential for success.
4. There are different types of loans for rural business
development, minority business and agriculture. You need to learn which loan
best applies to your business.
Make sure you speak to an SBA official and obtain an SBA
loan application. The loan should address your specific needs or circumstance.
5. To obtain information on government loans go directly
to the government website. Avoid third party website that demand some fee
because this information is free.
6. Once you have found what you are looking for choose
the best agency from the list of government agencies offering loans. Focus on
the one that represents your needs. Select the appropriate agency from the
government loan homepage.
7. Before applying for the loan view the terms and
conditions. Make sure you are eligible for the personal government loan. Read
the terms carefully then make your selection. Focus on the loan that meets your
eligibility or industry.
8. The next step is to prepare the attachments and
supplementary form
9. You need to write a cover letter and executive summary
with reasons for requesting the loan. Submit your business plan or business
profile.
10. Did you know you can take advantage of non-profit
organization mentorship program to review you application and get it proofread?
The next step is to apply to county incubators. Once
properly prepared submit the application form. Each loan has a unique
submission process for personal government loans.
10 Signs you are heading for bankruptcy

How to Create Streams of Income from Feed Mill

The agriculture sector is a driving force in most
countries. It supports the local economy and adds to a country’s GDP. It is a
good employer of skilled and unskilled labor contributing 1/3 the labor force.
In rural areas it is the main source of livelihood and of
great importance to the local community. Third world countries have failed to
utilize the great potential to transform the economy.
Farming is still rural based with smallholder farms
providing 90% of produce. An important sector agriculture is the feed mill.
Feed mill business is very lucrative and capital intensive. An entrepreneur
needs determination, courage and tenacity.
feed mill

Challenges

There are different challenges that contribute to poor
harvest and slow growth of the sector. Challenges include poor government
intervention, climatic change, and lack of fertilizer.
Others include reliance on manual labor, high energy
prices. Funding is a major hindrance to the development of the sector. This is
because there is a huge financial gap in the industry.
The rural farmers are poor illiterates with no knowledge
of modern trends. Other mitigating factors are lack of adequate water supply,
inadequate utilities, unable to afford farming machinery.
•         Poor
government intervention
•         Climatic
change
•         Lack of
fertilizer
•         Reliance
on manual labor
•         High
energy prices
•         Low
funding is a major hindrance
•         Rural
farmers are poor illiterates
•         No
knowledge of modern trends
•         Lack of
adequate water supply
•         Inadequate
utilities
•         Unable to
afford farming machinery
Feed
formulation and milling
The primary function of a mill is feed formulate. Feed is
an important food for livestock and commercial fish production.
Formulating high quality grain would position the factory
for profitability. The cost of the grain should be competitive to meet
customers demand.
Funding
Funding is a huge challenge for feed mills. An average
feed mill requires about N10 million to operate. To acquire funds use personal
savings, partnership of borrow. The loan should be low interest, long termed.
Acquire
machinery
The type of machinery will determine the level of
production. Purchase high quality machinery and employ highly skilled
technician.
Machinery you need are mixers, conveyor. Others include
crusher machine, feed mixing machine.
•         Feed
mixing machine
•         Crusher
machine
•         Mixer
•         Conveyor
Hire
professionals
The feed mill business requires skilled professionals.
Hire experts in the field to work in the production area.
Source
raw material
The source of the raw material would affect the quality
of the feed. Buy only quality grains free of insecticides or other
preservatives. The main difficulty is the seasonal nature of the raw materials
therefore getting the right mix is difficult off season.
Other challenges are fluctuating price of raw material
and cost of transportation. Always strive for quality to differentiate your
produce. Make sure the feed for the commercial fish farmer or chickens are of
high quality.
Types
of raw materials
Sourcing the right material is very important. Common
ingredients are palm kernel cake, soya beans. Others are limestone, rice grains
and maize offal.
•         Palm
kernel cake
•         Soya beans
•         Limestone
•         Rice
grains
•         Maize
offal
Waste
management
Waste from the factory on the environment should be
minimal. Feed formulation does not generate harmful waste.
Marketing
There is a huge demand for quality feed. Most feed in the
market are low quality so good feed easily stands out.
Farmers are ready to pay the extra cost for faster growth
of their livestock. A small feed mill can sell an average of 200 bags per day.

When to Open Multiple Bank Accounts

Your financial personality and saving habit will
determine your financial position. Opening multiple accounts for various
savings target is an effective way to avoid debt and create wealth.
There are different types of accounts to consider. We
have savings account, fixed deposit, join account and current account. Financial
experts recommend opening multiple accounts for target savings.
Multiple accounts are ideal for highly organized
individuals. Before opening any account compare interest rates and fees on all
the accounts.
multiple bank accounts

Write
a budget

The first step is to list your income and fixed expenses.
The income is the amount for each paycheck while fixed expenses are mortgage,
utility, and rent.
There is also the fluctuation expenses like grocery
bills, medication. Write a practical budget to track your earnings and expenses
for two months. The entire exercise is to create room for savings.
Fixed
expenses
•         House
•         Rent
Fluctuating
expenses
•         Medication
•         Grocery
bills
Automate
the transfer
A very effective way to increase savings is to automate
transfers. Instruct the bank to automate transfer of funds into your savings
account. The amount could be a fraction of your earning depending on your
comfort level.
Open
a fixed account or money market account
If you constantly spend funds from your target savings
account you need an account that would restrict access. A money market account
limits the number of times you can withdraw from the account.
 Another account is
the termed fixed deposit. Early withdrawal of funds from a fixed deposit would
attract penalties. A fixed deposit could be for six months, one year or five
years.
Why
multiple accounts work
Multiple accounts offer individual savings goals like
paying off the mortgage, buying a car. Online banks have made opening multiple
accounts easy. You are at liberty to use one financial institution or multiple
institutions.
Different accounts offer multiple savings options, goal,
better tracking. You can open an emergency account, long or short termed fixed
deposits. Another advantage includes better interest rates, multiple perks or
account opening bonuses.
Advantages
•         Individual
savings goals
•         Easy to
open
•         Use one or
more banks
•         Multiple
savings options
•         Better
tracking
•         Better
interest rates
•         Multiple
perks
Disadvantages
of multiple accounts
The major disadvantage is the lean spread. The individual
will not benefit on high interests on cumulative funds. Others difficulties is
tracking each account and confusion.
There is also the difficulty in reaching minimum balance,
low interest rates on loans. The person can lose money on transfers,
complicated automatic transfers, and higher fees.
•         Lean spread
•         High
interests on cumulative funds
•         Difficulty
in tracking funds
•         Confusion
•         Difficulty
in reaching minimum balance
•         Low
interest rates on loans
•         Lose money
on transfers
•         Complicated
automatic transfers
•         Higher
fees
About Lagos State Employment Trust Fund

10 Signs you are heading for Bankruptcy

When a court enters an order of relief when a bankruptcy
charge is filed. It is very painful to sing for the facility but sometime it is
inevitable.
The first sign is when your credit card balance is at its
limit. Others include zero savings, inability to earn enough to pay down debt.
More are when you forgo necessary items or take loans against you retirement
account.
A bad sign is when you use your life insurance to stay
current debt, are not credit worthy or you rob Peter to pay Paul. Another sure
sign is when your account goes negative during the month, you are behind on
home/vehicle payments and debt collector comes calling. . Here 10 signs you are
heading for bankruptcy.
Bankruptcy

Signs
of impending Bankruptcy

•         Credit
card balance is at its limit
•         Zero
savings
•         Inability
to earn enough to pay down debt
•         When you
forgo necessary items
•         Take loans
against you retirement account.
•         When you
use your life insurance to stay current debt
•         Not credit
worthy
•         Rob Peter
to pay Paul
•         When your
account goes negative during the month
•         Behind on
home/vehicle payments
•         Debt
collector comes calling
1.Creditors
Rage
A sure sign you are heading for bankruptcy is when
creditors come calling, sue or send letters. This is a bad sign because it
means you have defaulted far enough to be labeled bad debt.
The lenders send debt collectors in a vicious and
persistent cycle to collect the loan. The creditors result to harassment,
intimidation and levies. The final assault would end in court.
2. You
are behind on home loans
You know you are heading for bankruptcy when you get
behind on home loans. Home loans are lifetime investment and a place to live.
Mortgage default is a serious indication of impending trouble.
3. You
are behind on vehicle loan
Getting behind on vehicle loan is not that terrible
except if it is commercial vehicle and your source of livelihood. The car
becomes a priority and default has dire consequences.
4. Negative
bank account
If your bank account goes negative during the month you
are in trouble. Bouncing payments before next paycheck is bad.
This is a sure indicator of overspending, bad planning
and bankruptcy. If the trend is not checked you are advancing towards total
penury.
 5. Incessant Borrowing
I know an individual who makes good earnings yet is
always broke. This is because of huge expenses spent on his large family and
outstanding debts. The person borrows from one source and pays to the other.
Robbing Peter to pay Paul is a very bad strategy. The
individual has serious cash flow problems. Taking from one creditor to cover
some bills and paying another is very bad economics.
6. Creditors
refuse to approve loans
You are heading for trouble when creditors see your debt
and determine that the odds of paying back is remote.
If your overall debt load is high, creditor see you as a
risk. This might occur despite balancing payment, you are refused loan
approval.
7. Using
life insurance and retirement account
Having a life insurance or retirement account is to
facilitate a source of income in your old age. But if you find yourself taking
out loans against insurance policy or retirement account to service a loan you
are in trouble.
Large monthly payments are automatically deducted from
your paycheck to service retirement account loans. Using this will provide
added problems of large retirement account loan payments.
8. Foregoing
necessary items
When you find yourself forgoing necessary items like
toothpaste, soap, foodstuff you are in trouble. If you can’t maintain your
vehicle or pay health insurance that is a bad sign.
Skipping basic necessities to keep up debt payments is a
sure sign you are heading for bankruptcy.
9. Low
earning
If you are unable to earn enough to keep up with your
debts you are in trouble. If the minimum cost to maintain the balance on your
credit card is lacking bad omen. Some people work two to three jobs or overtime
yet the debt persists.
10. Poor
saving culture
Saving is a good way to keep some money for the rainy
day. You earn low interest and gradually increase the account.
If you have no way to save each month your finances is in
trouble. A sure sign of bankruptcy is when your debt gobble up your earning
leaving no room to save

how to jump-start a failing business

Tips on How to Open a Toy Store

Proper inventory management is important in the toy store
business. Ordering the right products, stocking and selling popular toys can
increase the business profitability. Profitability depends on many factors such
as cost of toys, regular patronage and operational costs.
Over the years big box toy stores have competed to open
retail stores or connect with distributors. Variable estimates in recent years
from 2012 to 2018 are 2.5 to 4.5 percent.
A store owner should be people oriented, interested in
toys and collectibles. They need proper networking, distribution deals and
unique ideas.
toy store

How
does a toy store make money?

The store makes money through the sale of toys. They can
focus on personalized services, home delivery, vending machines, and paid store
games.
•         Sale of
toys
•         Focus on
personalized services
•         Home
delivery
•         Vending
machines
•         paid store
games
Steps
to Opening a Toy Store
The first step is to write a business plan. Make sure you
form a legal entity, register for taxes and open a business bank account.
Other steps involve setting up a business account and
getting insurance cover. More considerations are establishing a web presence,
define your brand.
•         Write a
business plan
•         Form a
legal entity
•         Register
for taxes
•         Open a
business bank account.
•         Setting up
a business account
•         Get
insurance cover
•         Establish
a web presence
•         Define
your brand
How to jump-start a dying business
Cost
of opening a store
The cost of opening a store depends on many factors. The
costs include location, type of inventory, local taxes, insurance, leasing.
Others are cost of customizing the store, staff wages, advertisement.
•         Cost of
location
•         Type of
inventory
•         Local
taxes
•         Insurance
•         Leasing
•         Cost of
customizing the store
•         Staff
wages
•         Advertisement
Learn
the trade
You need to have previous experience working in a toy
store or hospitality industry. It is important to have quality mentorship and
basic business knowledge. Learn through apprentice programs, seminars, trade
workshops.
•         Gain
experience
•         Get
quality mentorship
•         Attend
seminars, trade shows
•         Develop
business knowledge
Expenses
Toy store expenses are utilities, rent, and staff wages.
Others include insurance, local government levies, advertisement costs. More
are cost of decoration, phone calls, store expenses and transportation.
•         Utilities
•         Rent
•         Staff
wages
•         Advertisement
costs
•         Store
expenses
•         Transportation
•         Purchase
of inventory
•         Tax
•         Government
levies
Charges
The manufacturer fixes the retail price of the toy.
Therefore charges depends on the price of each toy.
The toys attract very small margins and stores need to
sell huge volumes. There are low cost toys and expensive toys. some stores
supplement income by selling non toy related merchandise.
Storefront
To operate a store out of a physical location you can
acquire the property or lease. To purchase the property you need a certificate
of occupancy. The business should conform to zoning requirement and building
codes for renovations.
Legal
Requirements
You need a license and permit to operate. The business
requires sales tax on the products. Register the business as a limited
liability company and you need local licensing.
Staff
Many smallholder stores are one man businesses. However
retail business requires a store clerk, bookkeeper, cashier, store manager. The
size of the store would determine the number of employees you hire.
Get
repeat customers
To keep customers coming back you can offer home delivery
and toy storage. Other ways to encourage repeat patronage sell video games,
offer sweets, promotions and public demonstration. A good strategy includes
advertisement, discounts.
Marketing
The business is highly competitive and you need an
effective marketing strategy. Use newspaper advertisement, social media, deals.
Focus on holidays, special occasions and birthdays. Build a website or online
store to push your products and use customer reviews

10 Ways a Delegate Use Live-Tweet at Events

Live tweets increases your chance for new contacts and a
good back-channel resource for delegates. It enlarges your online networking,
offers viral following and interactive walls including reconnecting new and old
acquaintances.
Prior
event engagement
Although twitter has been around a while not many people
understand the power of a tweet. Tweeting offers event organizers to engage
with companies and individuals. It offer personal insight for bonding, meeting
and interactive opportunities.
Know
the hashtag
To avoid getting overwhelmed at the event or conference
be prepared. Delegates in attendance should make sure they get the hashtag of
the event.
Search for twitter handles of speakers, event hashtag
through online research. Visit websites, blogs, online entertainment magazines,
twitter.
tweets

Live-tweets
offer top level insights

Live tweets capture the essence of a conversation. There
is an air of razzmatazz, excitement and frequent updates.
The audience should be paramount while sending a
live-tweet. The on the spot tweet will enrich your wide audience while offering
valuable insight for onsite participants.
Keep
the conversation flowing?
Learn how to keep the conversation flowing by providing
an insight or agreeing with a tweeted statement. You need to develop the skill
and find mutually interesting aspect of the event.
Get
visual
Compelling conversations can carry so far however adding
visuals will increase atmosphere. Use your smartphone or camera to take visual
pictures of speakers or important participants.
Use special apps to increase the definition of the images
and photographs. Use pictures to create ambiance such as buffet table, popular
guests or take selfies with guests.
Connect
with delegates
Tweeting live significantly increases your follower.
Leverage on the event hashtag to appear in the live stream. This will
effectively increase your social footprint and following. To create new
connections it is important to follow some of the new followers.
Quote
speakers accurately
Quote speakers correctly and add their name when sending
a tweet. This is to avoid confusion as to who is speaking at the time.
Always attribute authorship and twitter handles to the
right speakers. It is very important to get twitter handles of speakers in
advance. Find out if speakers are on twitter then get their handle.
Tweet
after the event
Some delegates stop tweeting immediately after the event.
This is a wrong strategy because there are lots of after event things to do.
Use the events hashtag to send summaries, photo albums or
after event analytics. You can comment on popular blogs, websites or
entertainment magazines.
how to jump-start a failing business

How to Jump-start a Dying Business

Most startup business ventures fail in the first three to
four years? Success or failure depends on many factors and signs that shows a
failing business. Identifiable signs are stagnation, poor cash flow and
mounting debts.
Cutting down expenses is only a temporary measure however
more concrete sets should be taken. To turn around a dying business you need to
implement certain steps. Here is a guide on steps to jump-start a dying
business.
Sell
a Different Product
The simple solution to jump-start a failing business might
be the product. It is possible to overvalue a product or market potential.
It is easier to change the product to accommodate fast
changing trends. Analyze the products that sell or appeals to customers. The
value of the product is immaterial so long as you make regular sales.
Appropriate
Pricing
A serious business killer is appropriate pricing of goods
or service. Offering high quality merchandise at premium rate to middle or low
class neighborhood will fail. They would rather buy cheaper products of the
same item.
Customer
Demand
Focus more on customer demand and moving to a completely
different vertical. A business owner on my street started out selling bags and
footwear. She added small snacks and biscuits to attract school children.
Then pivoted to selling hot meals for workers in the
area. Now the bag/shoe and snack business are discarded for the huge profit in
hot meals.
How to become a successful farmer
Re-brand
A good strategy is to revamp and re-brand the business.
Re-branding will inject new life to an old brand. Re-branding positions a
business properly if a complete overhaul is executed.
A falling business can repackage the product, name and
company logo. The main focus of any re-branding is marketing. How to present an
old product in a new exciting way.
Niche
An effective business strategy is to focus on a niche.
Focusing on a niche leads to specialization and domination.
If you have too many products it can get confusing and more
challenging. It is better to be known for one thing than unknown for different
products. Specializing equates to customer trust in your knowledge of the
product.
Develop
a Marketing Strategy
Create a marketing plan and develop a marketing strategy.
You would be surprised that many companies fail to use all the marketing
opportunities available to them.
A good marketing plan re-invigorate, re-invents and
leverage on technology. Marketing strategies include newspapers, magazines,
radio, and television.
We have social media marketing, paid posts, email
marketing, blogging, in-bound marketing.
How to protect your card from fraudsters
Take
Risks
Owning a business comes with some element of risk. Taking
bold risk during time of crisis could be your best option. It is better to try
new things than being conservative.
If you own a brick and mortar shop why not open an online
store. If you are into manufacturing why not sell branded products on social
media platforms.
Without risk there would be no gain. The difficulty of
taking more risk in a failing business involves new addition of funds and
marketing.
Sell
the Business
If you have tried re-branding, pivoted new products
without results then it is to sell. So long as the business is moderately
profitable there is a buyers. Some entrepreneurs specialize in buying failed
businesses and turning them around.
How to apply for unsecured loan

How to Protect your Bank Card from Fraud

Scammers target potential victims when we are distracted.
They use various means to get our card details. A common device used by
scammers are skimmers, pin sized cameras and online forms.
To avoid becoming a victim keep your card details safe
and trust your instincts. Ask questions when things look unusual or suspicious.
Finally always stay within sight of your ATM card.
How
to Avoid Card Fraud
•         Keep your
card details safe
•         Trust your
instincts
•         Ask
questions
•         Always
stay within sight of your ATM card
•         Cover your
pin
•         Be care
with online transactions
•         Pay directly
to the company
•         Report
suspicious automated teller machine
•         Don’t
disclose card details over the phone
ATM scam

Cover
your Pin

It is commonplace to find long queues in front of
automated teller machines. This offers scammers a good chance to steal your
card data. Capturing the data would provide easy access to your funds.
Tools of their trade include capturing devices such as
cameras or card readers. They use it to capture you entering the secret 4 pin
number on the keypad. The cameras are usually small and difficult to detect.
To prevent scammers from stealing the PIN shield the
entire keypad with your body. You can also use a free hand to cover the hand
you use to enter the pin. This is a simple yet effective strategy.
Online
Transactions
Millions of online transactions are carried out daily.
This is because people use the convenience of the internet to buy goods or pay
for services. Before making an online transaction you need to verify the
authenticity of the payment system.
All payment systems should have a secure verifiable
checkout provider. If you are in doubt refrain from entering you details. Some
scammers have perfected the art of duplication authentic payment system.
Simply carry out a scam check to find out about the
website. A simple solution is to go directly to the payment systems website and
login.
Paying
to an Organization
Some organizations ask for card details over the phone.
There is nothing wrong in that however scammers have perfected the act of
mimicking such organizations.
If the organization contacts you and asks for your
details refrain from giving it to them. A safe way is to find the organizations
website and use the number on the website. Verify the claim before giving them
the details.
Keep
your Card Close
It is important to keep sight of your card. Many
transactions are done in fast-food outlets, restaurants and hotels. The shop or
restaurant attendant might pretend to run the card through a POS while actually
taking your card and running it through a skimmer.
Some even skim your details behind a table or desk. Any
transaction is easily carried out in plain view so the attendant has no right
to carry your card out of sight.
A simple precaution is for the person to bring the POS to
your table before you hand them the card.
How to apply for unsecured loans
The
Automated Teller Machine
The most common way to get scammed is while using an ATM
machine. Some machines are fitted with skimmers to steal your details. They
generally place the skimmers over the card reader to capture data on your card.
This is done when you place the card in the machine. The
skimmers are then retrieved and used to create a dummy card which is used to
access your account.
Skimmers are notoriously difficult to detect however
careful scrutiny of the front of the card reader would detect tampering. Signs
of tampering include different colored plastic around card slot, movable parts,
marks or scratches. If you detect anything that looks out of place notify the
bank.
Final
Word
Check
your Balance
It is important to check your account balance regularly.
This is a way to detect any unusual activity in your account. Luckily there are
many simple ways to check account balance.
You can use the banks dedicate usd number, online portal,
SMS and other available options. If you detect any unusual activity quickly
notify the bank.  

How to Start a Smallholder Farm

Over 70% of farms in Africa are smallholder farms. They
collectively contribute huge amount of agricultural produce. Despite a host of
challenges with proper farming techniques and management they can succeed.
Production is only a piece of the puzzle because they
need proper marketing. It is important to judiciously manage natural resources.
Conserving the soils natural nutrients and waste water is very important.
Challenges
of Smallholder Farms
The challenges of smallholder farms are many. They lack
proper funding, overused fields, poor seed stock and illiteracy.
Smallholder farms employ labor intensive technique, poor
skill acquisition. Another major challenge is lack of innovation. The farmers
are generally stuck in their old ways of doing things.
•         Lack proper
funding
•         Overused
fields
•         Poor seed
stock
•         Illiteracy
•         Labor
intensive technique
•         Poor skill
acquisition
•         Lack of
innovation, motivation
•         Stuck in
their old ways of doing things
smallholder farm

Government
Intervention

The majority of smallholder farms are run by very poor
individuals. They do not have enough capital to grow or produce large scale.
African governments are not doing enough to encourage or boost smallholder
farms.
Ways government can improve their lot is through public
private partnership. They should also reduce the complexity in the agricultural
sector.
Skill
Acquisition
Smallholder farmers need to acquire the appropriate
skill. To earn considerable income, sustainability they need hands on training.
There are many agricultural, research institutions willing to pass-on
knowledge.
They also offer improved seeds, organic fertilizer and
modern tools. The farmer could seek an established mentor, read books, and
attend seminars or workshops.
•         Hands on
training
•         Improved
seeds
•         Organic
fertilizer
•         Modern
tools
•         Seek an
established mentor
•         Read books
•         Attend
seminars
•         Workshops
Farm
Management
The farmers need a sound organizational, management and
financial skills. The farmer needs to maintain financial records, save
judiciously. To succeed they also need entrepreneurial and marketing skill.
How to apply for unsecured loan
Building
Capacity
Experts believe capacity building starts with rural
communities working together. This includes joining a group, association or
farmers union.