Jankeh Njie Jamanca, founder, and CEO from Jarga Designs in Oslo managed to build her business without funding from either investors or a bank loan. She brought her own money. The making of her company has been her personal achievement every step of the way. Of course, she has received help from friends and family, and she works closely together with her team of photographers, graphic designers, and stylists. But, as far as money goes, she is as independent as the day she founded Jarga Designs. But what does she do to keep her budgets and finances in check?
”From the very beginning, I have made business plans and budgets myself. But not entirely without help. Both YouTube and Google have been a great help for me. And when I have written my business plan and made my budget I hand it to someone I trust and who knows more about the business side of things than me, and they help me finish it. But, my business plan and budget are always under construction and in development. I can do this because my business only relies on my money. And I would like to keep it that way.”
At least once a year Jankeh travels to Gambia to buy fabrics for her designs. Money for these travels is always included in her budgets, of course. Home in Oslo she has settled with a shared office space. Her cautious approach to keeping the costs of her company down is exemplary and something to be inspired by.
How do you plan to keep your expenses down in your new company? And how do you plan to meet the budget you have outlined?