A sole proprietorship is about the simplest business structure for starting businesses all over the world. It is also the most common kind of structure that exists, especially in third-world countries. Here’s a simple question before we continue. How much do you know about sole proprietorships? Many of us only have a peripheral knowledge about […]
Hello everyone! It is that time of the month again when we bring out a hot new magazine edition to help your business thrive! In this edition, our focus is on Finance and if you want to learn how to access funds to help you effectively run your business, then this edition is for you. […]
People talk about many ways to make a sale but not a lot about keeping a customer. Getting an individual to patronize you once most times can sometimes be a struggle. I must say that a faithful customer is an assurance of income for every business owner. In this article, I would be showing you […]
At every single stage of a business, adequate capital is required to foster growth. Where capital isn’t available or inadequate, businesses die. This in return is really harmful for the development of the economy. In a bid to curb the lack of access to required capital for small and medium businesses (SME), The DBN loan […]
Every day, new small and medium enterprises (SMEs) spring up to satisfy consumer’s needs and demands. In a saturated market, there is a need for competition with new businesses being pioneered. And some of these SMEs either offer or sell the same services and products. The real problem isn’t sameness but the need to be […]
Small and Medium Enterprises (SMEs) create and sustain national development in relation to job creation all over the world and for this reason, they are considered key players in modern-day poverty alleviation, economic emancipation and total well-being worldwide. Most times, they do all these with little or no formal education, and while tackling various infrastructural […]
‘VTU’ one of the most popular abbreviations in our present-day Nigeria, gone are the days of buying recharge card and having to start scratching. VTU is an abbreviation for Virtual Top Up, this is a process by which your phone would directly be credited by the vendor with digital crediting, saving you the stress of […]
What if I told you that your product or service could reach millions of people right away? What if you could sell your product right to your target audience in the most cost-effective way and maximize profit? Well, this is possible thanks to the power of social media! In our world today, social media is […]
This pandemic has given virtually every one of us more than enough challenges to grapple with. Schools have been closed for nearly four months now and on top of the financial strain they currently shoulder, parents have been forced to either homeschool their kids or watch them idle away the days. And even as some […]
Research has shown that one of the major causes of failures for SMEs is lack of funding. Many entrepreneurs are being faced with financial challenges in the early phase of their businesses; this is why different intervention funds in Nigeria have been set up. Most of these intervention funds in Nigeria are granted to the […]
