Why Start a Business?

The answer to the question “Why did you start a business?” will vary from one individual to the next.  No matter what however, no one goes into business to incur losses.  That alone, makes it imperative that whatever business you hope to launch meets a market need.  In other words, people should be willing to pay your price for the goods or services you plan to provide.      

With Uganda’s youth unemployment at 22.3 percent, a large number of youth are considering starting a business just to earn a living.  The good news is that in a country like Uganda, there are so many things that have not yet been introduced, that one does not actually have to invent something new.  One can simply introduce something that is currently not available here but available elsewhere, or find a new way to do something already being done here.  The opportunities are countless.  

Download File: