Business Ideas

5 Key Market Insights Before Launching Your SMEs In Nigeria

    Small and medium-scale businesses contribute 60% to Nigeria’s GDP. However, over 70% of new SMEs do not make it to their third year due to inherent problems peculiar to Nigeria. Findings show that most businesses that collapse before

6 Lessons Every Business Should Borrow From 5-Star Companies

  There are great lessons every business can learn from 5-Star companies. 5-Star companies are known for their great reputations and stellar customer experience service. Imagine looking up a company’s ratings online, and you see a 5-Star rating, I am

5 Ways Networking Can Help Your Business Grow

If you’re looking for a proven way to drive your business’s growth, you should try networking more often. Meeting up with people and sharing details about your entrepreneurial journey with them is often a great investment—especially because they could be

How To Start Your Restaurant (Part I)

The foodservice industry is a growing industry. According to Fortune Business Insight, the global foodservice market size was $2,386.0 billion in 2020. The market is projected to grow from $2,525.4 billion in 2021 to USD 5,027.9 billion in 2028 at

4 Unique Small Business Ideas For Nurse Practitioners

Many of us often make the mistake of thinking that those who are qualified to start an entrepreneurial venture are those with business degrees like an MBA or people who simply just want to make ends meet by engaging in

Step-By-Step On How To Create And Grow A Successful Logistics Business In Nigeria

The logistics business is a very lucrative one if you apply the right setup and growth strategies. Some call it a delivery business, while others classify it as a transportation business. The logistics business is about moving goods from one

How To Increase Your Market Reach

  A major problem that many businesses face in this age and time is; increasing their market reach. No business wants to have a stagnant number of customers for a long time. This would mean a lack of growth and

How To Identify Customers’ Needs And Market Gaps Using 4As 

  Before establishing that business, have you done your due diligence? Are you sure there is a need? Have you identified the consumer gaps? As a business strategist, I have observed many businesses fail because there was no gap that

3 Important Factors to Consider When Choosing an Area for Your Business In Nigeria 

  Doing business in Nigeria comes with its perks and problems. It will be a great disservice to yourself to set up your business without doing your due diligence and background studies. Many businesses in Nigeria fail in their third

Marketing Strategies To Gain Visibility

  The choice to upscale your business is in your hands. There are secret ingredients that make a people gain visibility and become the most sought after. It isn’t usually smooth sailing or a jolly ride, but with commitment and

7 Things That Sell Like Crazy

  Many business ideas can be started from the comfort of your home, with minimal upfront investment. All you need do is be provided with the right information and motivation to kickstart, and you will stay well on track. Read

4 Lucrative Businesses you can start with 50k in Nigeria

Small and Medium Scale Enterprises (SMEs) form an integral part of our society. There are several entrepreneurs looking to establish startups, but starting a business these days can seem difficult, especially with the current economic situation in the country. When

3 Ways To Gain Traction In Business

Ever gotten to crossroads with your business and feel there’s nothing left to do? Perhaps, your business has reached a ceiling with no hopes of breaking through. These can lead to frustrations on the part of the entrepreneur and members

Business Growth Tip: How to Build an Irresistible Product

You want your customers to clear your products off your shelves within days of stocking up. You dream about clients booking your services until your schedule is stuffed full with them. And you wonder if you’ll ever make this happen

Business Growth Tip: Understanding Your Customer’s Language

What does it mean to understand your customer’s language? We aren’t talking about getting a grip on your customer’s native tongue and communicating in it with them (although this could appeal to their emotional and cultural sensitivities). We’re referring to

Business Growth Tip: Automate Your Business Processes

Let’s say you’re running a side hustle apart from your 9-5 job. Your day is usually crammed full with office tasks, and you seldom have time for much else. You’re trying to maintain your small business’s social media pages, but

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