Tag: Entrepreneurship
6 Steps to Create Your Company’s Financial Plan
Reading Time: 2 minutesMastering your finances is one of the essential tasks of any entrepreneur. Yet many business owners overlook basic aspects of financial management that can give them greater control over their business and greater peace of mind. Indeed, to have financial…
These Are the 5 Top Sectors to Invest In Nigeria
Reading Time: 11 minutesThis post identifies top five sectors to invest in Nigeria. It is intended to guide people who are looking at doing business in Africa’s second largest economy and one of the top attractive economies to do business in . Nigeria…
Thrift Collection Business – This Ancient Banking Model Is Still Very Profitable
Reading Time: 7 minutesThe origin is not known but Thrift collection business has been with us for a very long time in Africa. The popular Alajo Shomolu, arguably the first known organised thrift collector to operate in Lagos, started his business in 1954. …
10 Ways to Make Money This Christmas Season
Reading Time: 5 minutesCelebrated in about 160 countries, Christmas is arguably the most celebrated festival in the world. Though a Christian rite observed in memory of the birth of Jesus Christ, the Christmas season has a universal appeal. Its universal appeal stems from…
Effective Steps to Separating Your Business and Personal Finances
Reading Time: 4 minutesWhat I found common, in my interactions with a good number of entrepreneurs is that they find it difficult to separate their business finances from their personal finances. More often than not the entrepreneur uses proceeds from his business to…
7 Types of Taxes In Nigeria Every Entrepreneur Must Know About
Reading Time: 6 minutesAll over the world, taxation is an essential part of doing business. So in this post, I will highlight 7 types of taxes in Nigeria every entrepreneur must know about. Not paying attention to these taxes means inviting the tax…
Business Failure: 10 Things An Entrepreneur Must Do To Avoid It
Reading Time: 8 minutesNo entrepreneur wishes to start a business that will fail. But the incidence of business failure is a reality. According to statistics 8 out of 10 new businesses fail within their first eighteen months while only about 30% of them…
How to Make Money with Small Scale Plantain Chips Making Business
Reading Time: 6 minutesThe income potential of plantain chips production is enormous and this explains why more and more entrepreneurs are becoming interested in this segment of the food processing and packaging business. You can start very small, with as little amount as N50,000 even from your kitchen and grow to become big if you do it well and are consistent.
8 Effective Ways to Raise Capital for Your New Business
Reading Time: 8 minutesThere are effective ways to raise capital for your new business that you don’t know about. You are not alone! Getting the needed funds to get his ideas off the ground is every aspiring entrepreneur’s nightmare – well may be…
Starting a Block Industry May Be Your Road Map to Profitable Business
Reading Time: 7 minutesBlock making, commonly known as block industry in Nigeria, is a very profitable venture. Gone are the days, people see it as a vocation for the uneducated and unskilled ones. Far from it! Whether you are a school dropout, a…