Leading Edge Business Planning for Entrepreneurs: Develop Your Vision, Utilize Technology, Obtain Venture Capital, Leverage Your Growth

Secondly, because of the low interest rate of 6-7%, I can secure a loan to buy PCs for my office.

With the usage of an accounting application and spreadsheet, I can make quick financial statements and be in control of the business.

I cannot be that lucky in Ghana, if I were now starting up.

I run an application software development company, and I have connected by PC to the internet.

In Ghana, interest rates are high at about 45-50% Internet technology is available but skilled labour is limited Incomes are generally low; the minimum daily wage is about 70 cents and limits the market

The majority of Africa faces similar situations to that of Ghana.

In conclusion, I wish to suggest that a chapter is added to the book to discuss business planning in technologially disadvantaged economies like Ghana, to formulate a business planning manual without the use of the relatively expensive PC so the potential African entrepreneur can also have something to read from.