Have you tried raising funding for your start-up or been part of a standard fundraising process? Then you should know that a financial model is an unavoidable prerequisite. An investor can accurately determine how much a stake or percentage is worth with a financial model. This is necessary to determine the value of the company […]
Vanguard reports Lagos State House of Assembly has called on the Governor, Babajide Sanwo-Olu to create Micro, Small, and Medium Enterprises, MSMEs, hubs in the three senatorial districts in the state. The call was part of the Motion entitled; “Call on the State Government to Establish Micro, Small and Medium Enterprises MSMEs, Commercial Hubs In […]
SME grants are vital to the success of SMEs in Africa regardless of the size, location, and sector. Although essential, funding can be very challenging to secure for business owners. This is one of the many reasons funding options for SMEs exist – to help SMEs in Africa achieve their business goals and objectives. Are […]
Running a small business in any economy is not for the fainthearted. There are one too many constraints and challenges to circumvent, and the only way to tackle them is to have the right systems in place. At the grass-root level, one of the best systems you can put in place is a solid budget. […]
It is clear that we cannot afford fuel subsidy anymore. Government revenues are shrinking, while the ordinary people deserve infrastructure which can’t be available without the resources. Government today is convinced that we need to shift to a new reality.This reality has been highly unfavourable to all Nigerians, who have expressed their utmost displeasure. After […]
Have you ever wondered how successful entrepreneurs manage many activities at the same time and still emerge productively? How exactly do these business owners do so much so well? One of the greatest parts of owning your business is that you have lots of freedom. You choose when to work, when to spend time with […]
Branding offers differentiation and helps you to stand out. There are two types of branding – personal branding and business branding. If you are running a business today, odds are no one would do business with you if you don’t have a look, theme or feel. The reason why you can differentiate a Samsung device […]
In 2016, Facebook CEO Mark Zuckerberg went on his first business in Africa, meeting Nigerian President Muhammadu Buhari and local businessmen in Legos, where he now plans to further implement his company. Facebook’s expansion on the African continent will certainly be watched by western African countries. According to a study commissioned by the Social Media […]
With the rapid improvement of technology, mobile phones have become almost impossible to do away with. Beyond making calls and sending messages, business owners now run their businesses directly from their phones. In addition to this, mobile apps have been designed to make running a business more effective. Below is a list of apps every […]
The primary goal of every business is to make profits. In simple terms, it is the financial gain the business earns after the cost associated with the production products or rendering of their services is subtracted from their revenue. However, when the expenses are greater than the revenue generated, there is a loss. To avoid […]
