Knowing the success factors for SMEs in Africa helps entrepreneurs know how to keep their businesses competitive. Starting and running a successful small, medium, and micro-enterprise in Africa is no easy feat. There are tons of factors that can directly or indirectly affect the forecast or objectives of your business. According to reports about 50% […]
Is it possible to make money online in Nigeria? Yes, it is and there are several ways to do this today. Nigeria’s population is estimated to be over 200 million people. According to NCC’s report of June 2017, about 91 million Nigerians have access to the internet. About 85 percent of these individuals use mobile […]
One of the easiest ways to make your business grow is to invest in high demand products. The challenge is that finding these products is not an easy task for entrepreneurs in Nigeria. Products in high demand may come across as pricey sometimes. Eventually, they become the best business venture for new and upcoming business […]
A start-up needs investments to reach its numerous customers especially when the demand for their product or service is high. The major reason for investments in start-ups is to experience steady growth. Start-up founders need to understand that an investor is not a friend but an enabler with financial capability. Such enablers help sustain the […]
Consulting business ideas weren’t so popular before now but are beginning to gain ground. Organizations and individuals requiring strategic planning, professional knowledge, and managerial skills benefit from consulting services. Such services help them to improve failing elements of their enterprises or lifestyles. Aspiring entrepreneurs seeking advice on how to start, run and develop a profitable […]
What are the fastest growing industries in Nigeria in 2021? Nigeria’s real GDP growth rate in the first quarter of 2021 was 0.51 percent. This comes after Nigeria emerged from recession with a 0.11 percent GDP growth rate in the fourth quarter of 2020. It would be advisable to familiarise yourself with the Nigerian fastest […]
Do you know how to register a PLC in Nigeria? This post will provide you with all the details you need about this process. Even if it does not appear so, it is rather simple to register a PLC in Nigeria. Nigerian entrepreneurs and foreign investors can easily establish their enterprises or brands in the […]
Have you been looking for business ideas that solve problems? Here’s something that you should know as an entrepreneur, problems are not always a disadvantage. In fact, great businesses started with a goal to solve a problem or problems in exchange for a profit. Nigeria is a country full of potential, from natural resources to […]
The emergence of e-commerce in Africa has seen online shoppers take advantage of the convenience its offers. Today, vendors can deliver goods directly to the doorsteps of shoppers. On the other hand, shoppers have the flexibility of selecting payment channels, using debit cards, or paying on delivery. As e-commerce continues to evolve and shape business […]
Wondering what Standard Operating Procedures are? Continue reading this post to find out what they are and their applications. “Organizations cannot experience sustained growth until they make a set of standards to guide their operations” What Are Standard Operating Procedures? Standard Operating Procedures are detailed and systemized instructions in a step-by-step sequence showing how employees […]
