Debt relief and the credit system are still very tricky. Unlike in Nigeria, the average American citizen has at least over $90,000 in credit owed. With being in debt practically being a normal expectation of adulthood in the USA, the narrative is quite different in Nigeria. Debt is something we often dread. This could be […]
Business partnership contributes to the success of several businesses and establishments out there. As SMEs in Africa, partnering with a business/organization your size or even bigger can lead to massive growth when done the right way. As with every relationship out there, a partnership requires putting a system in place to vet and guide the […]
Would you like to generate leads through your business blog? Successful owners of SMEs in Africa are continuously looking to expand their customer base and grow their businesses. Business growth is a long-term and challenging process, though. The good news is that you can actualize your goals quicker by having access to a stream of […]
Work from home ideas have been on the rise since the lockdown resulting from the pandemic. It is no secret that many people lost their jobs during this period. As a result, many people sought alternative means of earning money to sustain themselves and meet their needs. Have you been searching for work from home […]
Ever considered starting a VTU business? A few years back, the well-known way of loading a phone with airtime or credit is by buying a recharge card. Then loading it on your phone with a USSD code. According to NCC, we have over 165 million active GSM LINES in Nigeria as of September 2018. Nigerians […]
Are you looking for the cheapest businesses to start in Africa? There are lots of business opportunities scattered across the African continent. Despite obvious challenges like poverty, Africa is evolving at a fast rate. Small businesses spring up daily, contributing majorly to the GDP of diverse countries in Africa. In Nigeria, SMEs contribute as high […]
How do you revitalize a slowing business? If there is one major lesson we have come to learn in the marketplace, it is that “irrespective of its reach and impact, no business is completely immune to slowing down and potentially dying out”. We’ve seen brands that had been identified once as global giants, the likes […]
Setting up a marketing team is no small feat, especially for startups. You have probably heard the popular saying “people cannot buy a product that they don’t know about”. This statement emphasizes the importance of effectively marketing your products, as this is an essential lifeline for business sustenance. To do this, you need a regular […]
In my years of helping small business owners find their path into entrepreneurship, I have discovered that a lot of small businesses do not take out the time to set up their leadership structure. This is most common with sole proprietorships. At the start of the journey, this may not seem important to small business […]
One of the challenges businesses face is bad bookkeeping. Bookkeeping includes the processes of recording, analyzing, and arranging business transactions. It also involves maintaining an organization’s business transactions such as sales, purchases, payments, earnings, and receipts. Small, medium, and large businesses need to make use of complete and accurate bookkeeping data, ensuring that they regularly […]
