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Dear Entrepreneur, In today’s global economy, exportation remains a guaranteed way businesses and government can sell their excess goods or services to other countries at prices higher than what is obtainable in their domestic market. Exporting also gives access to a larger number of potential customers, and creates employment which benefits the economy. The business […]
Dear Entrepreneur, Every time a government changes, small businesses must deal with challenging economic conditions, but with adequate planning, your company can weather the storms and even thrive during an election year. Today, we’ll look at some suggestions for keeping your company operating efficiently during and after an election year. Typically election periods come with […]
Dear Entrepreneur, Investors usually are serious and focused people who won’t hold back when asking questions about whether they should make an investment in your company. Many businesses do not get the funding because of the promoters inability to answer key questions every serious investor would ideally ask. Based on our experiences, if you are unable to satisfactorily […]
Dear Entrepreneur, Starting or running a business may seem more challenging than ever given the oversaturated and intensely competitive market. Therefore, in order to properly position their products in the market, entrepreneurs need to arm themselves with a critical understanding of people, marketing principles, and communication. Here are 5 suggestions for answering the crucial question […]
Dear Entrepreneur, Businesses make money by selling products and services to consumers, and it’s critical that each transaction be recorded and presented to show that value is being generated. Accurate bookkeeping and accounting will help you make more informed spending decisions, plan investments, and manage your cash flow. Major Differences Between Accounting & Bookkeeping The […]
Dear Entrepreneur, Expenses are things every business owner is looking to cut down because even the smallest increase or reduction in expenses can have an impact on company profitability. The good news is that a large-scale overhaul isn’t necessary because it’s often simple, common sense steps that improve the bottom line, especially for a small […]
Dear Entrepreneur, In the last week, popular skit maker Oga Sabinus filed a N1 Billion lawsuit against Friesland Campina WAMCO Nigeria PLC (makers of Peak Milk) for unauthorised use of his trademark slogan ‘Something Hooge,’ he also filed an N100 million claim against UAC Foods for using a cartooned version of his signature pose in […]
Dear Entrepreneur, Social media is free, easy, and fun and has become an essential platform for businesses to reach their customers. Billions of people are posting everyday on various social media channels so the question for most entrepreneurs is how they can stand out in this avalanche of information and this is where a social […]
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