Connect with us

Business

Mohamed Said Guedi – An African Businessman, is Inspiring the Young Entrepreneurs Worldwide

mm

Published

on

The African businessman, Mohamed Said Guedi has been in the news for running many successful businesses owing to his excellent business planning skills. He has been an inspiration for all the young entrepreneurs and businessmen who want to achieve something big in their lives. He has over 35 years of experience as an entrepreneur and business owner with his expertise in many areas covering from FMCG to Telecommunications as well as Distribution & Logistics.

Along with participation in business activities, he also loves to become a part of philanthropic activities to help deprived people in meeting their basic needs.

Mohamed Said Guedi – A Leader in Entrepreneurship

Mohamed Said Guedi has been a leader in the world of entrepreneurship and business. He is getting a lot of popularity for running successful businesses in East Africa, the Middle East, and Europe. Using his strategic business planning, the African entrepreneur has grown several businesses from startups to million-dollar values.

With the use of creative sales techniques and innovative marketing, Mohamed Said Guedi has been boosting many businesses from different areas.

Runs Successful Ventures

As mentioned above, Mohamed Said Guedi has been running many successful businesses in his business career with the use of his exceptional business planning. He has been recognized for his contribution to the business world. He has also received many rewards for his excellent piece of work. The veteran businessman founded the MSG Trading ETS in the year 1981. And it is running successfully in the field of export and import. With the passage of time, he founded Independent Tobacco FZE, Dubai in the year 2004.

In addition to this, he has been leading many companies namely Somcable LTD, Somaliland, and other companies as a part of the MSG Group of Companies. His company, Independent Tobacco FZE, is a growing international tobacco company. This company manufactures, markets and distributes various brands of cigarettes to people in different corners of the world.

Mohamed Said Guedi

Mastery in Business Skills

Mohamed Said Guedi has got many effective business skills due to his outstanding communication and presentation abilities. He provides resourceful business solutions using his deep knowledge and experience in the business world. The African businessman also has skills in persuasive presentations and profitable negotiations to run businesses successfully.

After taking inspiration from him, many young entrepreneurs have been diving into the business world with their start-ups. His works fill the young people with enthusiasm to start their business with a high level of energy.

In addition to running many successful businesses, Mohamed Said Guedi participates in philanthropic activities on a regular basis. He has been running many charitable contributions in the deprived regions of Africa. Guedi donates a fixed share of his company’s profit for funding road projects. He also contributes to setting up education funds for less fortunate students in Somaliland and Djibouti.

He has funded many water projects across Somaliland including the construction of water reservoirs and water crossings. His MSG Group of Companies also play a crucial role in helping people at the time of natural disasters and calamities. The entrepreneur also provides affected families with food and water to help them meet the basic needs of life.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Why Multi-Province Payroll Compliance Is the Hidden Challenge Canadian SMBs Face and How Folks Solves It

mm

Published

on

Photo courtesy of: Folks

Byline: Shem Albert

Running payroll in Canada can feel like crossing a country stitched from many different fabrics. Each province weaves its own pattern of tax rules, leave policies, and benefit requirements, creating a landscape where a single misstep can ripple through every paycheck. For small and mid-sized businesses, the challenge often remains hidden until growth pushes hiring beyond provincial borders or brings remote workers into the fold. What seems like a routine back-office task quickly becomes a test of accuracy, timing, and local knowledge. This is the gap that Folks set out to close, offering a way for employers to navigate Canada’s regulatory patchwork without slowing their momentum.

Provincial Rules Add Complexity

Canada’s payroll environment varies sharply by province. Federal rules set the foundation, but provincial tax rates, deductions, statutory leave entitlements, and benefit premiums add layers of complexity that employers must monitor carefully. Small and mid-sized businesses with staff across provinces or remote employees face different tax tables, reporting deadlines, and leave calculations that directly affect pay accuracy and remittance schedules.

Folks built its payroll module to address these differences. The platform calculates the correct provincial tax rates and deductions for each employee, applying updates automatically so employers avoid misapplied withholdings or late filings. Multi-location tax management allows a company with workers in Ontario, Quebec, or several other provinces to process payroll without creating separate accounts for each jurisdiction. Bilingual functionality in English and French and secure Canadian data hosting support compliance while keeping employee records accessible across language and regional boundaries.

Unified Records Improve Accuracy

Payroll errors often stem from mismatched employee data. Changes in pay rates, banking details, or benefits eligibility may not align between HR and finance systems, creating incorrect deductions or delayed payments. Smaller teams juggling separate platforms spend valuable hours reconciling information instead of focusing on strategic work.

Folks resolves these issues by combining HR and payroll in one platform. Updates to wages, hours, or tax information entered on the HR side flow directly into payroll without re-entry. This single, verified record strengthens the accuracy of every payroll run and ensures employees receive the correct pay and deductions. By removing the need for repetitive administrative work, HR staff can redirect their time to tasks that support growth and employee engagement.

Automation Keeps Provinces in Step

Each province sets its own requirements for holiday pay, pay frequency, and statutory benefits, making manual calculations both time-consuming and error-prone. Businesses that expand or hire remote employees must keep pace with shifting provincial regulations or risk penalties and audit issues.

Folks address these demands with automation designed for Canada’s regulatory landscape. Pay statements, deduction calculations, and custom pay schedules follow the applicable provincial rules without extra configuration. The system’s automated updates mean that a company hiring staff in British Columbia or Quebec can meet local payroll standards without adding new layers of setup or monitoring. Employers gain the ability to expand into new regions while maintaining accurate, on-time pay.

Reporting Strengthens Compliance

Changing tax rates and reporting requirements require ongoing attention from HR and finance teams. Companies that rely on disconnected systems risk missing a provincial update or submitting incorrect remittances, which can lead to fines and interest charges.

Folks provides detailed reporting tools that compile payroll, deductions, and benefits information across all locations. Employers can generate clear remittance and deduction summaries, simplifying the process of meeting provincial filing requirements. For organizations that want additional guidance, Folks also offers a payroll management service that brings in-house specialists to assist with configuration, compliance, and regular updates. These reporting features help companies stay audit-ready and avoid costly compliance gaps.

Scalable Payroll for Expanding Businesses

Many small businesses begin in a single province, where local tax and payroll demands can be learned over time. Growth into new provinces or the decision to hire remote staff adds a level of complexity that manual processes cannot handle efficiently. Errors multiply, compliance risks rise, and payroll teams spend more time correcting mistakes than supporting expansion plans.

Folks provides payroll that scales with company growth. Provincial tax logic, automated deductions, bilingual support, and secure Canadian data storage are built directly into the platform. By maintaining an accurate employee record and applying province-specific rules automatically, the system allows Canadian SMBs to expand with fewer administrative surprises and more predictable payroll operations. Companies gain the stability of compliant payroll across provinces while controlling the time and costs that typically accompany multi-jurisdiction growth.

Continue Reading

Trending