Ready access to credit (loans) is an integral part of sustaining a small business and building it into a larger enterprise. Two primary ways to access the required funding is either through equity or loans. Although equity funds might seem like the best bet, a wiser alternative would be to get a loan. The process […]
Why will a bank reject your loan request? Running a business comes with many challenges and one of the biggest is lack of access to financing. Small business owners often find themselves in a need to inject more cash either through equity or debt. Many businesses, despite the plethora of loans from financial institutions, find […]
Making big sales is the desire of every business. When most businesses had to close shops or offices in march due to the lockdown, some businesses experienced a boom with more businesses shifting to Zoom and Instagram. In today’s world, one of the best platforms for small businesses to reach clients is through social media. […]
In recent years, the VTU business has become increasingly popular among Nigerians for several reasons. Today, the business is considered by many to be one of the easiest businesses anyone can start in 2020. The VTU business is one of the profitable businesses any individual looking to start a small business can do. As the […]
Online marketing communications is the new way to market your products or services. As a business owner, one of the ways to stand out on Instagram is by creating content that speaks to your target audience in a way that is engaging, relatable, and actionable. It is not enough to create content, you must create […]
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 […]
Many small business owners are often caught up with the day-to-day operations of their businesses, the quest to break-even, as well as the pursuance of grand strategic goals. However, such big pictures are defined by basic units of performance that can be tracked and improved on a day-to-day basis. The performance of a business can […]
Debt can be helpful financial sources both at a corporate or personal level. Debt in the form of a business loan, business credit card, or line of credit can be strategic means to finance a business and to undertake vital operational tasks such as hiring the best hands, purchasing necessary infrastructure, financing growth strategies and […]
Nigeria is a country blessed with several daily income businesses to venture into. Gone are the days where owning a business was a luxury only the rich could afford. Now, there’s a whole lot of business opportunities you can start with affordable business capital. Let’s take a look at some of these businesses: 1. Food […]
What do you know about loan apps? The major challenge for most SMEs in Nigeria is access to funds. The entire process of obtaining bank loans can also be tedious, especially if you don’t have the necessary loan requirements. It could take months unending, and this can be frustrating for many business owners. Are you […]
