Thinking of getting a loan can be very exciting until you begin to know the requirements involved. Many business owners avoid this path due to how tasking it can be. Let me start by mentioning that loans are one of the ways to fund your business. A lot of organizations big and small collect bank […]
“Lazy Nigerian youths”, this phrase was taken in very bad taste by the youths in Nigeria last year. They argued vehemently insisting that it was the lack of job opportunities, lack of empowerment, corruption etc. I am a Nigerian youth as well and I empathize with you on the situation of our country. However, we […]
Are you a business owner looking to fund your business? Or are you an entrepreneur with a brilliant idea waiting to happen? One of the major challenges you may face as an entrepreneur or business owner is a way to access finances for the actualization and operation of your business. Finances are the lifeblood of […]
Raising capital is not always easy. The current situation of things places businesses in a tight corner where raising capital is concerned. We are stared in the face by the unavoidable changes that will occur in the business environment as a result of COVID-19. One way to mitigate the impending challenges regarding business capital is […]
The importance of loans to small businesses cannot be overemphasized. A small business is one with less than 500 employees. So if your business falls into this category, getting a loan at some point might be helpful. There are several reasons why you need loans. From raising working capital to expansion, inventory to cash flow. […]
Okay, let’s get this out of the way. I am not an accountant, neither am I a financial expert. I am just a guy by virtue of the industry I work, had to learn these concepts and many more. Before I proceed, please note that if you really want to succeed as an entrepreneur, there […]
Loans as financial instruments are important for both individuals and businesses in order to meet some financial obligations. One peculiar thing with most lenders however is the fact that more often than not, they require some form of collateral before giving out loans. These collaterals are forms of security so as to ensure borrowers pay […]
We all know the struggle new businesses face raising capital or even to execute certain projects. It is therefore only fair that there is a means by which they can get financial assistance. A venture capitalist is an investor is willing to help startup projects and small businesses by providing the capital needed to propel […]
Boluwatife Okeowo Credit (loans) availability remains one of the most pivotal keys to building a sustainable enterprise. Businesses are funded by two major means; equity and loans. While it is most desirable to start and expand your business through equity, sometimes it makes more financial sense to take a loan to support the cash flow […]
Muyiwa Mogaji Small business owners are often faced with what to do when it comes to regulatory matters, especially on issues like tax remittances, obtaining licences and permits, and preparing CAC’s annual returns. It is most advisable to engage professionals when dealing with these matters. However, having substantial knowledge about these issues will also go […]
