Keeping up with life’s demands on a single source of income is almost impossible in Africa, especially Nigeria. Hence, the reason why many people are looking out for other means to generate income, especially daily. As a result, lots of people are leaning towards online business ideas as a way to tackle the pressures of […]
As an SME in Africa, venturing into the fashion business is only one piece of the puzzle. Another piece you should also figure out is how to take advantage of the online space to sell your clothes. Having an online clothing store comes with a lot of advantages ranging from massive visibility to capital reduction. […]
Not many SME owners know about the local laws regarding business in their region. Starting a business is undoubtedly exciting. However, the numerous processes involved in getting your business up and running can prove to be challenging- from creating a business name, business plan, understanding the market, amongst other things. One important aspect that SMEs […]
It is common knowledge that running a business can be demanding not to talk of starting with no funds. The need for resources to attain business growth and scale demand and supply can not be ignored. Neither can we waive aside the difficulty of accessing funds to run a new business venture. Having stated this, […]
Running a business in Africa and growing it isn’t always a smooth ride. You will face several challenges that will test your zest, determination, and patience. With statistics indicating that there are over 17.4 million SMEs in Nigeria alone, standing out from the completion is one of the top SME challenges you will have to […]
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 […]
It is important for entrepreneurs to collaborate, regardless of the industry they find themselves in. It is no longer news that various businesses exist out there, so the need to outdo every competitor is on the rise each passing day. Not that competitors are bad, but what if there are ways to grow your business […]
The true meaning of the word “sustainability” is two-fold. It means the ability to maintain a certain growth rate or level. It also refers to the avoidance of the depletion of natural resources to maintain an ecological balance. Business sustainability, therefore, focuses on meeting the economic needs of the present without compromising the ability of […]
Do you know that taking your business online allows you to reach people globally? Some of the largest companies like Facebook, Amazon, eBay, Booking.com have leverage online, which has helped them scale their businesses globally. There’s a lot of potential in specific local markets throughout the world, but expanding it to a global scale can […]
One of the challenges you will experience as a small business owner is accessing adequate funding to attain your business goals. Experienced business owners will tell you that accessing funding for a business is no easy feat. If it were, Africa would be littered with more thriving businesses than failed businesses. However, being a pessimist […]
