Kelvin

Kelvin’s entrepreneurial path is promising, and to ensure successful expansion and sustain his family, he should focus on optimizing operational efficiency by streamlining inventory and implementing lean practices. A deep market analysis will help tailor his product offerings to local demand, while targeted promotions and customer loyalty programs can boost retention.

Effective cash flow management, including setting aside profits for loan repayment and reinvestment, will be crucial. Diversifying his offerings, such as adding value-added services at his posho mill or expanding product lines, will enhance revenue. Leveraging digital tools like e-commerce and social media can widen his customer base, while integrating mobile payment systems can streamline transactions.

Furthermore, investing in staff training and fostering partnerships with local businesses will improve operations and market access, ultimately ensuring that Kelvin can expand sustainably, support his family, and educate his children.