Day: June 4, 2022

The financial plan is an important part of the business plan because it is here that the profitability of the intended business is demonstrated to the entrepreneur and to the potential financiers. It provides a tool for monitoring the financial Read More …

LAW OF CONTRACT A contract is an agreement between two parties with the intention to create legal relations. ESSENTIALS ELEMENTS OF A VALID CONTRACT Offer and acceptance Consideration Intention to create legal relations Capacity of the parties Lawful objects Free Read More …

THE COURT SYSTEMS ESTABLISHMENT, STRUCTURE, COMPOSITION AND JURISDICTION OF COURTS The Courts operate two levels: Superior Courts and Subordinate Courts. The important aspects in the Structure of Courts are: The structure – The hierarchy or levels of Courts. Establishment – Read More …

In the operational phase of business planning, you will describe the facilities, labour and overheads required to manufacture your propose product(s) or render your proposed services(s). If you are in the manufacturing business, your will explain the manufacturing process for Read More …

JUDICIAL SERVICE COMMISSION   Establishment: It is established by Article 171 of the Constitution.   Composition/Membership Under Article 171 (2) or the Act, the Judicial Service Commission shall consist of: The Chief Justice, who shall be the chairperson of the Read More …

  THE NATURE AND SOURCES OF LAW AND IT’S ADMINISTRATION   CONTENTS   The Nature and Classification of law The sources of Kenya Law Statute Law Common Law Equity African Customary Law Islamic Law Hindu Law The Kenya judicial system Read More …

3.0 Organization and Management Plan In the organizational plan for the business, you will develop policies for staff development and human resource management. This will enable you to achieve the efficient product of goods of effective performance of services. You Read More …

THE NATURE AND SOURCES OF LAW NOTES – CLICK TO VIEW JUDICIAL SERVICE COMMISSION NOTES – CLICK TO VIEW COURT SYSTEMS NOTES – CLICK TO VIEW LAW OF CONTRACT NOTES – CLICK TO VIEW LAW OF TORT NOTES – CLICK Read More …

  TOPIC 1 INTRODUCTION TO ENTREPRENEURSHIP   Small scale enterprises play a major role in the development of a country’s economy. Small enterprises create many jobs, provide a variety of goods and services, contribute a lot of revenue and promote Read More …

The marketing plan is the second stage of preparing your business plan. This phase is highly critical because it provides the basis for the organizational, operational and financial plans. You will need to conduct a market research i.e., an in-depth Read More …