Small Business Support

Thanks  to  you   that  my small  business  is  steadly  improving  in  management  and  I can  see   increase  in  my  net  profit. I deal in stationeries and was somehow reluctant on proper bookeeping. We  initially  recorded  only  our  purchases  from  our  suppliers  and  ignored   daily  sales  records. 

We determined  our  profits  by  simply  subtracting  our  purchase  price  from   total  sales  but  after  reading an  article from your "advanced thinking" newsletter which  said  the  major  reasons  for  collapse  of  SMEs  in  Uganda  is  poor  book   keeping, from  there  onwards  I started  proper  book  keeping and  now  I  can  track  the   growth  of   my  business  and  make  major  decisions  on the profitability of particular items so as to know what  to  purchase  or  not.

Steven Amale, Small and Medium Size Enterprise (SME) entrepreneur, October 2013

Doing us proud

You are definitely doing us proud as Ugandans. That is a good job and we wish you success. The [advanced thinking] news letter gives us new insights into areas we never thought were profitable.

I always take time off and read. I always recommend this resource to those in business especially beginning start ups and those with intention to enter business.

Matthias Kamugasho, Managing Director, Service Cops Limited, November 2013

Support for UK based Ugandan in Diaspora

I met with Dickson [of Inachee) during the Uganda UK Convention in September 2013. Since then, I have had a timely, accurate well written out feasibility project backed by financial projections, something I would have never personally been able to achieve within a 3 month turn around.

Because of the high level of professionalism provided, I am therefore looking forward to exploring the possibility of using their services to manage, and stream line activities during the initial stages of the project particularly as I am still based in the UK.

I would strangely suggest that any one  thinking of starting a business in Uganda should contact dickson @Inachee…"big things start off with a dream and do not procrastinate".

Margaret Lakidi, Feasibility and strategy for large scale livestock ranch project in Northern Uganda, November 2013


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