What’s the best business to start in 2021? This is a question that might be running through your mind as we approach the second half of the year. Some people venture into entrepreneurship knowing fully well what type of business to start. However, others can’t seem to decide amidst the several businesses out there. If […]
Why do small businesses in Africa fail? The World Bank Group suggests that between 365 – 445 million SMEs are operating in emerging markets. The relevance of these SMEs cuts across localization of products is innovation. It gives them leverage to contribute immensely to the development of their host communities in various crucial ways. The […]
The real question before we begin is to ask yourselves if you need any social media, let alone Twitter. Twitter, like every other social networking application, is full of opportunities depending on the industry, product, and service you render. Twitter has positive indices for tech, health, education, style, travel fashion, and games. If your business […]
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 […]
If you haven’t heard about SMEDAN’s MSME Mass Registration exercise, then you need to read this. Earlier this year, SMEDAN launched the MSME registration exercise. There are several benefits of this exercise to SMEDAN and the MSMEs in Nigeria too. For example, SMEDANs MSME Mass Registration exercise will ensure that the body has an updated […]
By now you must have heard that SMEDAN has called for MSMEs in Nigeria to register on its portal. Completing your registration with SMEDAN comes with several benefits to these businesses; one such benefit is access to loans. We all know how much trouble it is to raise capital to start up and run businesses. […]
In this post, we will discuss the benefits of SMEDAN registration to SMEs in Nigeria. The Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) came into existence to aid MSMEs’ development. Since its inception, the body has achieved and still achieving several objectives within the Nigerian business sector. To carry out these objectives, the […]
This post will discuss the eligibility criteria for the SMEDAN MSME registration. For small and medium business owners, funding poses a real challenge to effectively running their operations. SMEs are the core of the economic sector and are also responsible for driving innovation and competition for any economy. While capital plays a huge role in […]
Strategies serve as guides or templates for your business. If you are looking for a magic wand to show you the way, then you might have to look harder. The marketing world has been volatile in the past ten months of 2020 with some business not being able to survive the market from Covid-19 to […]
Government has a role to play in helping SMEs thrive. SMEs in Africa are the biggest contributors to the Continent’s economy. In Ghana alone, small businesses contribute a whopping 70% to Ghana’s GDP. According to this report, SMEs in South Africa account for 91% of businesses, 60% of employment and contribute 52% of total GDP. […]
