A business problem may vary from finance to staff to raw materials to labour to managerial incompetency to growth to outside threats. The "risk" part of the entrepreneurship definition is what brings us to problem solving. Here are 5 easy ways to solve business problems with confidence. Do leave your thoughts and comments below.

1. 5 easy ways

2. What is a business problem?
A business problem may vary from finance to staff to raw
materials to labour to managerial incompetency to growth to
outside threats.
The "risk" part of the entrepreneurship definition is what
brings us to problem solving.
A confident entrepreneur is never afraid of handling problems
and challenges but takes everything in his stride and finds a
solution.

4. The problem solving loop
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5. 1. Identify the problem
What is the problem is the basic
question that one should ask
before jumping to any conclusion.
Very often blunders happen due
to wrong assessment of problems.
An entrepreneur should be smart
and confident while taking
decisions.
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6. 2. Explore information and
create ideas
It is very important that a
thorough check is done and
different ways of tackling the
problem are decided.
Always think of alternative
solutions.
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7. 3. Select the best idea
After analysing the pros and cons
of each solution, choose the best
option!
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8. 4. Build and test the idea
Once the best option is chosen,
make sure that you test it before
making the big decision.
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9. 5. Evaluate the results
Problem solving is not complete
without evaluating the results.
Learn from mistakes and
highlight achievements.
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11. Mara Foundation’s Ambition
We enable, inspire and empower ambitious entrepreneurs in Africa. With the support of our Mara Mentors we will:
Inspire millions of young people in Africa to become
entrepreneurs.
Teach entrepreneurs new skills.
Enable entrepreneurs to turn business ideas into a
reality.
Guide business owners to grow businesses and hire
(more) employees.
Empower entrepreneurs by providing a platform to
showcase their business and build their network.

12. THANK YOU
Website: mentor.mara.com
App: iTunes, Blackberry, Android, and Nokia.
Mara Foundation is supported by a
number of partners, including: