The book is very brilliant and I can definitely use it in London, where I have a small consultancy business and use the internet for E-Commerce.
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.
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