As a business owner, the business structure you choose influences everything about your business, from day-to-day operations to taxes, and how much of your personal assets are at risk. This is why it’s necessary for you to choose a business structure that gives you the right balance of legal protections and benefits and is sustainable […]
Over the past few years, many Nigerian startups have experienced a boom in their different industries. In the midst of this boom, new startups and SMEs in Nigeria are emerging and addressing the needs of Nigerians and the world as a whole. LifeBank Nigeria LifeBank is a startup set up for the purpose of saving […]
Many people dream of owning an SME in Nigeria and it’s not a bad idea to aspire to, considering that there are over 37 million SMEs in Nigeria. The truth is that the idea of starting a new business can be daunting. But by splitting the process into steps, it becomes easier to take the […]
It is not strange to find so many women in Nigeria are stay-at-home mums. A stay-at-home mum is a homemaker, a woman dedicated to caring for her kids, and keeping the house in order. It doesn’t matter whether she has to raise one child or several children. The fact that she is staying home to […]
Dear prospective entrepreneur, Have you ever wondered what the most successful entrepreneurs in the world did to attain where they are? Why are some entrepreneurs so competent and skilled with what they do? It took hard work, a healthy mindset, skills-set and so much more to get to where they are today. If you want […]
The consistent rise in unemployment and the poverty level in Nigeria has led to the crucial need for the creation of new jobs through entrepreneurship. The uprise in the entrepreneurship activity has been due to necessity. Although entrepreneurship hasn’t been easy either with several limitations from unfavourable policies, high taxes and many other hindrances. Many […]
There are two major ways businesses get funding, equity and loans. The Federal Government of Nigeria has made efforts to create a favourable climate for SMEs in Nigeria. It is doing this through several Government SME intervention funds. From Federal Government loans for small businesses in Nigeria to CBN intervention funds, the government has set […]
Finding work can be a huge challenge, especially during a pandemic like COVID-19. Some employers are even cutting down salaries. This means that you will need some extra income. One of the ways you can raise that extra income is to start a side business. What better business to start than a VTU business in […]
The concept of self-employment in Nigeria had already been catching on quickly before this pandemic happened. Now though, if anything, it seems that self-employment has come to stay. Self-employment is a process within which a person works for him/herself and not necessarily under any employer. A self-employed person pursues his/her own interests in life and […]
The business landscape is vibrant and full of life, and the Nigerian market is no doubt saturated with lucrative opportunities that you can take full advantage of. Do you know there are business opportunities in Nigeria that can bring you profitable daily income? These businesses have the capacity to generate millions in revenue. Whether you […]
