Have you ever thought about the challenges of entrepreneurs in Africa? Many young Africans would rather work for themselves instead of applying endlessly for white-collar jobs. Entrepreneurship has become a trend in this part of the world. Interestingly, many fail to watch out for the challenges that come along with entrepreneurship. Would you like to […]
Many times, people wonder about the importance of SMEs to the Nigerian economy. Small, Micro and Medium Enterprises (SMEs) are the core of any economic sector. They are also responsible for driving innovation and competition in almost every country. SMEs are non-subsidiary, independent firms or organizations that employ a few employees. Most SMEs exist because […]
It isn’t so easy to grow a small business. However, the success of your business solely depends on the efforts you put in to make everything better. Growth is an ongoing process that requires hard work, patience, and dedication. There’s no special step or secret way to surpass other businesses in the industry or achieve […]
One of the common reasons why people explore work from home jobs is the freedom they enjoy. Working from home allows you to plan your time and in most situations, work whenever it is comfortable. If you are a student, stay at home wife, or just another person looking to make extra cash, working from […]
There are so many great family business ideas that you can invest in. Who says business and family can’t coexist? It is no secret that our family members can drive us crazy at times. Regardless, so many business owners own businesses with their family members as partners. Would you like to start a business with […]
Are you facing entrepreneurial challenges? Starting a business can be quite tasking. As an entrepreneur, there are a lot of things you need to put into consideration to become successful in business. For one, today’s marketplace presents many challenges to entrepreneurs. For example, the quality of your product should be of a high standard and […]
What are the top 5 challenges of SMEs in Africa? Africa is one of the most economically promising regions in the world. It owes this largely to its demographics as well as the continent’s natural riches. A recent World Bank research projects that the continent’s economic growth rate may rise above 5.1 percent in 2022 […]
One of the main purposes of government assistance programs is to encourage SMEs to develop and improve their performance. Though outside and within the Nigerian context, research on government support indicates a positive outcome. The increased failure rate of SMEs, on the other hand, suggests the opposite consequence. To address these issues, the Nigerian government […]
Are you in search of a small business loan in Nigeria? One of the most difficult aspects of starting and expanding a small business in Nigeria is obtaining funding. People typically start businesses using money they have saved and donations or loans from friends and family. When money from these sources isn’t enough to build […]
Would you like to know about business grants in Nigeria? Adequate funding plays a crucial role in the success of any business. However, accessing funds is still one of the greatest challenges for most business owners in Nigeria. One of the most common and easiest ways to get adequate funds for your business is by […]
