Organization Units Within An SME And Free Certification Resources For Personal Development
December 8, 2020

Organization Units Within An SME And Free Certification Resources For Personal Development

Each business should have different organization units. Most businesses startup as the dreams of one or more founders but quickly scale to include more team members. This creates the need to share responsibilities aimed at achieving a primary business objective.  For ‘first-time’ startup founders, however, this means dividing responsibilities quickly becomes a hassle. Questions like […]

Staffing for SMEs: Getting the Right-fit and Retaining Them
December 7, 2020

Staffing for SMEs: Getting the Right-fit and Retaining Them

As an entrepreneur, one of the toughest decisions you would have to make is staffing. We all desire to see our businesses grow beyond micro-level of sole-proprietorship; it is important to hire people to perform certain functions in the business as we scale-up. Hiring the right-fit goes beyond announcing vacancies and screening CVs, it also […]

10 Reasons You Need To Know About SMEDAN
November 28, 2020

10 Reasons You Need To Know About SMEDAN

Small and Medium Enterprises (SMEs) in Nigeria are well recognised as the backbone of our economies and commerce. They make major contributions to global economic growth and sustainable development while generating employment, alleviating poverty, creating wealth and ensuring the smooth distribution of foods across the nation. It is this recognition of the important roles played […]

5 Things To Look Out For Before Taking A Business Loan
November 27, 2020

5 Things To Look Out For Before Taking A Business Loan

The idea of taking a business loan is often quite scary. Unfortunately, successful SMEs in Nigeria understand that taking periodic business loans is an undisputed aspect of owning a small business and one of the most difficult decisions an SME owner will face. Whether you’re aiming to grow your business exponentially or just to keep […]

Top 5 Institutions That Offer Loans Without Collateral And Affordable Interest Rates
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November 21, 2020

Top 5 Institutions That Offer Loans Without Collateral And Affordable Interest Rates

Just like you, many business owners need bodies that offer loans without collateral. Are you thinking of expanding your business and establishing a broader market presence to boost your brand and sales? Then it must have occurred to you that you need capital to carry out that expansion. There are various ways you can raise […]

How You Can Get SMEDAN Registration Number
November 17, 2020

How You Can Get SMEDAN Registration Number

All SMEs in Africa need both financial and intellectual support to take their businesses to the next level. This is why the Nigerian Federal Government created the survival fund scheme to help Nigerian SMEs that register with SMEDAN. Furthermore, Nigerian MSMEs that are registered with SMEDAN can also enjoy the MSMEs mass registration program currently […]

How To Secure Financial Support For Your Business Through SMEDAN
November 17, 2020

How To Secure Financial Support For Your Business Through SMEDAN

The lack of financial support is unarguable, top on the list of the recurring challenges faced by SMEs in Africa. This gap between the finance available to SMEs and the finance that they need to attain their full potential is further widened by the competitive market for the limited supply of investors’ funds.  This survey […]

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November 14, 2020

Positioning Your Business For A Festive Period

This is the season for businesses across the country to see the bottom line on their income statements change from red to black! Black Friday is just around the corner, and this is a great time to review your sales forecast goals and develop a strategy to meet them through your holiday campaigns. So what […]

What you should know about NEDEP
November 13, 2020

What you should know about NEDEP

What do you know about NEDEP? SMEs in Africa are unarguably, one of the most important sub-sectors of the continent’s economy. These small businesses represent nearly 90% of all commercial ventures across various African countries, employ an astonishing number of citizens each year. They also contribute to the GDP of the countries within which they […]

Effective Strategies SMEs Can Explore Recruiting A High-Performance Team
November 11, 2020

Effective Strategies SMEs Can Explore Recruiting A High-Performance Team

Recruiting a high-performance team is key to business growth. There is a growing number of SMEs starting up every year around the world. According to the Danish Institute for Human Rights, approximately 400 million SMEs are accounting for 60–70% of employment. This heartwarming piece of information should also mean a rise in opportunities as the […]

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