Accessing financial support either in form of a grant or loan is one of the challenges that most SMEs in Nigeria face. Small businesses need financial support for various reasons ranging from raising business capital to expanding it. Typically, if your business has less than 500 employees, it is regarded as an SME. So, if […]
The twenty-first century marketplace is digital. This year has emphasised this salient reality. Technology has ingrained itself into every stratum of human society. We see technology play out in quotidian interaction across sectors, states, and geographical regions. Technology and the digital space are proving to unite individuals even more than family ties. With a few […]
If you are an SME owner in Nigeria and you don’t know about NIRSAL, you are missing a lot. This body presents SMEs in Nigeria with so many benefits. In this post, we will discuss NIRSAL, its mission and vision, its benefits, and how to get loans from them. About NIRSAL NIRSAL is an acronym […]
Personality influences leadership and leadership revolves around people. Top leadership experts and coaches believe that everything about leadership is considered from the perspective of the people. How well do you relate with people? How efficiently do you communicate? Are you a team player or do you favour lone ranging? How do your values, principles, and […]
Why should SMEs get loans? The truth is that Small and medium enterprises (SMEs) play a big role in the economy. Although these SMEs grow in numbers, there are major setbacks such as lack of adequate capital and funding. As a business expands and gains a competitive advantage, the existing capital may not be enough […]
Are you in search of profitable business ideas you can start? Did you know that six out of ten fast-growing countries in the world are African countries? The African continent has experienced a significant improvement despite the lack of infrastructure, increased corruption, and other ills. In no particular order, let’s explore 30 profitable business ideas […]
Just like you, many business owners need bodies that offer loans without collateral. Are you thinking of expanding your business and establishing a broader market presence to boost your brand and sales? Then it must have occurred to you that you need capital to carry out that expansion. There are various ways you can raise […]
In this post, we will proffer answers to questions about SMEDAN registration for SMEs in Africa. These answers will help you make an informed decision and further guide you through your registration process. Having decided to register your business, below is a list of top 10 frequently asked questions to guide you through your registration journey. […]
Nike Majekodunmi is the CEO of “Nuts About Cakes” and a mother of 3 kids. Her family life impacts how she conducts business. She’s been married for 13-years and is blessed with a boy and two girls. Nike started as a baker/decorator 15-years ago with recipes she found online. Her results impressed her and she […]
Micro, Small and Medium Enterprises (“MSME”) represents one of, if not the most important sector of the country’s economy. It currently represents 96% of the businesses in Nigeria and contributes 75% of the National employment. Hence, the growth in this sector is directly correlated with growth in the economy as a whole and the level […]
