How well do you know how to pitch to investors? There are several reasons why a business needs investments. These investments could be in the pre-seed, Series A or B. Regardless of whatever stage the business is operating, the major reason for seeking investors’ funding is usually for expansion purposes. This expansion could be in the line […]
What are the best business grants for African entrepreneurs in 2021? Accessing adequate funding is crucial to the growth of any business. Typically in business, when the inflow of cash ceases, so does the business. One of the best ways to access funds as an African Entrepreneur is through grants. However, accessing business grants for […]
Do you have an unregistered business in Nigeria and you need a quick loan? Many small businesses sometimes require additional cash or capital in the form of business loans to expand or stay afloat. When all other options for obtaining capital for your firm have been exhausted, acquiring a business loan may be the best […]
The BOI FGN Special Intervention Fund is an initiative of the Federal Government to provide MSMEs funding through subsidized loans. How is this loan subsidized? Well, it comes with an all-inclusive interest rate of 9% per annum. This initiative aims to help MSMEs further develop their businesses. By so doing, it will stimulate economic activity […]
In the history of providing financial interventions for the Small and Medium Enterprises (SMEs) in Nigeria, a mix of funding in different areas, to support the textile, manufacturing, agriculture, pharmaceuticals, and housing sectors have received a boost to ensure the growth and sustainability of these industries to reduce the burden and effects of unemployment in […]
Money-saving apps help to make your saving journey easier. Having your savings plan intact is essential as it helps in cases of financial emergencies. Gone are the days when saving entailed stacking up a lump sum and being caught up in a long bank queue. With constant technological advancements, several free money-saving apps have been […]
Financial mistakes business owners make are usually one of the most crucial flaws in growing a successful business. Nothing good comes easy. It is paramount to avoid such grievous mistakes. Especially when you are at startups or even excelling in the next level of your business success. In Nigeria today, a good number of business […]
Businesses, irrespective of their scales, need adequate funding to thrive. The sad part, however, is that accessing these funds can be challenging for business owners. This is mostly true concerning small businesses, as investors are often skeptical to invest in businesses with high risks. Despite the difficulties African small business owners face when trying to […]
Debt relief and the credit system are still very tricky. Unlike in Nigeria, the average American citizen has at least over $90,000 in credit owed. With being in debt practically being a normal expectation of adulthood in the USA, the narrative is quite different in Nigeria. Debt is something we often dread. This could be […]
One of the challenges businesses face is bad bookkeeping. Bookkeeping includes the processes of recording, analyzing, and arranging business transactions. It also involves maintaining an organization’s business transactions such as sales, purchases, payments, earnings, and receipts. Small, medium, and large businesses need to make use of complete and accurate bookkeeping data, ensuring that they regularly […]
