Sharing ideas

I had the idea but nowhere to begin and so I really liked that the first report you gave me (the feasibility study on the concept) helped me to define where to begin and thus made me excited about starting the process. I particularly love that I can call your team anytime and bounce ideas off and that your innovative team can also share ideas with me. We are already working together on the financial forecasts for the project and I am confident in the quality of work you will undertake and that we shall continue to do other work together.I would recommend you guys to anyone trying to start a business.

Brenda Mukasa, Feasibility study on innovative restaurant concept, October 2012.

Well researched

Thanks for the report. It was well researched and quite informative. I did not know much about the fashion industry in Uganda except the fact that I wanted good clothes. The report gave me alot of information that has helped me plan how to go about my business ideas. I couldn’t have asked better.

Sarah Namutebi, Feasibility study on the Ugandan fashion industry as part of a business concept, September 2012.

Distress signal from Kenya

I have an entertainment company based in Nairobi Kenya. When I started my company I had no plans at all. No business plans, no marketing plans, not even financial plans! I knew I should plan but the difficulty of research on how to write a plan made me become a bit lazy in dealing with this. Things started going down hill and it reached a point I didn’t know what to do. I was almost giving up when Dickson Wasake[of Inachee] told me that there is still hope. He helped me one step at a time and things started getting clearer. He really encouraged me and still does and now business is really picking up. The fact that no matter the distance he takes his time to call and advice me and see how far I have gone is really amazing. No words can describe how much Dickson has really helped me. I ‘m truly grateful to him.

Diana Nerima, Shareholder, Dahiri Entertainment Limited, November 2011.

Read More

Case Studies

Example 1: How we helped a telecom company increase prices without losing customers

The problem

An emerging VOIP telecommunications company was having some difficulties.They were pioneers in their industry. Sales had been growing every year by an average of 25% and their

overhead costs were fairly fixed. Nevertheless they continued to be making losses and were considering leaving the industry. What was the problem?

The solution

As a result of our analysis, the company’s main problem is that for its main destination, the margins were really low and the prices did not fully reflect dollar to shilling forex effects particularly as their main cost was purchased in USD. Following our recommendations they increased the price of calls to this destination but in return, offered loyal customers to this destination a discount to call other destinations where the company had a higher profit margin.Their worry that customers for this destination would leave owing to higher prices was not as significant as they thought.

Read the rest of the success story here.

September 2011

Next steps: To find out how we can help you analyse your costs and pricing, please email: dwasake@inachee.com

Example 2: How a Shs. 350m emerging poultry hatchery benefited from our internal control review

The problem

A client invested over shs 350m ($106,000) in a modern poultry hatchery. They needed to understand how they were performing after 1 year in business- they needed accounts as well as a

review of their internal control systems.The principal shareholders is a Ugandan in diaspora.

The solution

Working with them, after preparing their financial information, we were able to successfully help them significantly improve their bookkeeping and internal controls. We for example noted that in some instances while actual sales were closer to Shs.32M they had recorded only 4m!

We also worked successfully with them to develop a model for valuing their parent stock(birds) so as to reflect these in the accounts.

Our internal control review also pointed out a number of weaknesses in their systems such as concerns about the safety of their parent stock birds and weak controls over their various fixed assets.

Phase 2 of our work with them is expected to include regular business support (including accounting support/internal control review) as well as developing a business plan for their expansion into commercial poultry.

March 2012

Next steps: To find out how we can develop an internal control framework for you, please email: dwasake@inachee.com

Example 3: How a magazine distributor of over 400 titles turned to us to enhance their strategy

Our client helps their customers who include major corporations, supermarkets and other retail outlets to receive his over 400 publication titles. They are primarily operating in Uganda and Kenya but needed advice on the nature of internal controls to support their expansion model/plans first in Uganda and Kenya

but further afield into Tanzania, Rwanda and Southern Sudan. We recommended to them an appropriate expansion model (which they are now utilising) as well as provided them with model internal control systems that would fit with their expansion strategy.

Phase 2 of our successful work with them has commenced and includes monitoring as well as regular business support.

February 2012

Next steps: To speak to us about how we can work with you to refine your business strategy, please email: dwasake@inachee.com