A lot of people are searching for new ways to earn additional income. This is why VTU businesses are becoming common in Africa. If you are reading this post, there is a huge chance that you are at best thinking about having one. However, running a successful SME in Africa demands that you expand your […]
The value of a business is important information for business owners. It enables them to ascertain the worth of a smaller stake in the business so as to sell part of it to equity investors for capital. The accurate estimation of the value of a business is crucial for this strategic decision and a business […]
Funnel strategy is simply your customer’s journey from the beginning to the close of sales, and with the right strategy it could lead to the next business deal, or you could be operating in the leagues of big business. Many small businesses are building funnel strategies for accelerated growth that can help you to double […]
It’s 2020, and the largest country in Africa is filled with lucrative business opportunities. Nigeria is blessed with both physical and human resources. It is no wonder investors outside the shores of Africa are pitching their tents in search of economic profit. Below are 20 lucrative businesses to get you started on the right path. […]
With side hustles becoming increasingly popular in Africa, you may be thinking about starting one yourself. This sounds like the perfect idea considering that life responsibilities make quitting your job for a new business unwise. There is a huge chance that you have a few friends that go to work and run a business by […]
Launching a business in a saturated industry could be a daunting challenge for startups who have genuinely identified a need and are interested in creating products/services to meet such needs. Determining how to succeed when confronted with thousands of competitors in a market is also a major challenge for small business owners. But with the right […]
Do you remember the famous saying, “It takes years to build a reputation but just moments to ruin it?” Well, that statement is still as true and valid as ever, especially for SMEs in Africa who might have taken years to build their businesses. For these businesses to thrive, especially amid numerous competitions, customer service is […]
Jeff Bezos is a perfect example of the power of vision. He once drew a business plan for an online bookstore during a cross-country trip. At the time, nothing suggested that the company he hoped to establish would launch him into the coveted title of the “wealthiest man in the world by 2017.” Initially, Amazon […]
In recent times, there has been an increase in the establishment of small businesses all over the country. Whether as sole proprietors, entrepreneurs, or SME’s there is a need for these businesses to be registered. Many owners of small business in Nigeria trivialize the need to register their businesses for various reasons which are; ignorance, […]
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 […]
