Investment and Business tips for the Novice and Experts
Reading Time: 4 minutes Whether your business is a huge corporation or is just start-up, web threats and data theft may cause major interruptions to your day-to-day operations. Not only is it a threat to your productivity, but it also spells trouble for your finances, as the average cost of data breaches is USD...
Reading Time: 4 minutes Online businesses are the ongoing trend of this era, and we can predict they will rule the internet in the coming future. With the massive number of online businesses, we can understand how hard it must be to make a business successful by crossing other businesses. Well, if you are...
Reading Time: 8 minutes Many people have the aspiration but very few know how to start a business. Being your own boss gives you an exciting feeling but to so many people, the excitement disappears as soon as they start. The reason is simple: many aspiring entrepreneurs don’t take the right steps in developing...
Reading Time: 5 minutes If there was just one lesson entrepreneurs learned from the global spread of the corona virus pandemic in the early months of 2020, it was this: Taking your business online, whatever the size is not optional. It’s a best business practice. It is a digital world and the online marketplace...
Reading Time: 5 minutes Starting a business is not easy. Growing your small business may even be more challenging. According to some studies, approximately 22% of new businesses failed in their first year, 30% in their second year; 50% fail in their fifth year and 70% don’t make it past their 10th anniversary. In...
Reading Time: 7 minutes One prominent Nigerian entrepreneur caused a stir at a certain business conference for aspiring entrepreneurs where he was a guest speaker. At that conference, he told his mesmerized audience that he didn’t believe in writing a business plan. One of his obviously confused wannabe entrepreneur in the audience stood up...
Reading Time: 5 minutes There are many types of business insurance cover available out there for business owners. Unfortunately many entrepreneurs, particularly small business owners seem not to know the positive impact insurance can make on their businesses. Particularly in a developing country like Nigeria, insurance knowledge is low. Ask someone whether he has...
Reading Time: 2 minutes Mastering 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 plan is a necessary step towards avoiding business failure Early...
Reading Time: 2 minutes In the current digital era, we have screens everywhere and people have a passionate love affair with all things digital. Shopping habits are changing and consumers are becoming more technology oriented than ever. Digital signage is now a trusted source of information used by consumers in choosing what to buy...
Reading Time: 4 minutes What 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 finance family-related needs. This practice is a major reason why...