• September 1st, 2014
  • Posted by athanne

Factors of Challenges While Running A Small Business

Factors of Challenges While Running A Small Business can lead into closing up of business. Many people would like to start a small business and when they do so it becomes an achievement in life. However, there are many problems one will face before the business gains stability and operates profitably. Some of the business may not be able to withstand the Factors of Challenges While Running A Small Business and will close down at an early stage, while others might collapse after some years. This article educates business people of the challenges they might face and the solutions to the challenges. Business Training in Kenya has more articles.


  • September 1st, 2014
  • Posted by athanne

Human Resource Management Information System

Human Resource Management Information System refers to the systems and processes at the intersection between human resource management and information technology. A Human resource management system provides a single, accurate view of all human resource activities including recruiting, performance management, training, development and also compensation. Business Training in Kenya has more articles

When it comes to reducing workload and increasing efficiency and standardizing human resource progress Human resource management information system comes in handy. Human resource department plays a key role in the smooth running of operations of the company by tracking and analyzing the time keeping and work patterns of the workforce.


  • August 31st, 2014
  • Posted by athanne

Financial Management Information Systems

Financial Management Information Systems (FMIS) is responsible for the application/advancement and production support of automated systems, including PeopleSoft Financials, which are used within the Financial Management Division, namely the offices of the Bursar, Controller and Procurement and Support Services. Business Training in Kenya has more articles

Financial Management Information System delivers financial information to all financial managers within an institute. It assimilates financial and operational information from numerous sources. Financial MIS facilitates analysis by providing fast financial data. FMIS enables financial analysis from different aspects; time, product, customer. With Financial MIS, one can examine historical as well as current data. One is also able to monitor use of funds.


  • August 31st, 2014
  • Posted by athanne

Law of Contract in Kenya

Discharging a Law of Contract in Kenya is the situation where the parties are freed from their mutual obligations to the contract and to each other. It is also called termination of a contract. Discharging a Law of Contract in Kenya may happen in any of the following ways.our article in Business Training in Kenya refers.

  • Performance is one of the ways of Discharging a Law of Contract in Kenya. A contract is said to have performed when both parties have fulfilled their end of the bargain.
  • Agreement is another way of Discharging a Law of Contract in Kenya. This may happen were parties to the contract by mutual agreement, agree to release each other.
  • Frustration or impossibility is also another way of Discharging a Law of Contract in Kenya.  A Contract in Kenya is said to be frustrated if an event occurs that brings its further fulfillment to an abrupt end. It is not done by either of the parties.
  • Breach is when a Law of Contract in Kenya has its terms are broken, when a party to the contract fails to honor their obligation.
  • Operation of the law is another way of Discharging a Law of Contract in Kenya. This may occur where there is lapse of time, death of party, substitution or bankruptcy
  • Lapse of time is where the law requires that a Law of Contract in Kenya be performed within a specified period of time called a period of limitation. If these time set lapses then the contract is discharged.