July 14, 2022
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 their third year do so because of poor insights into the Nigerian terrain. Studies have … Continue reading 5 Key Market Insights Before Launching Your SMEs In Nigeria
BUSINESS Business Ideas Business Review
June 29, 2022
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 sure you will likely love to patronize the company. Therefore, you must learn from 5-Star … Continue reading 6 Lessons Every Business Should Borrow From 5-Star Companies
May 24, 2022
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 your next business partner, client, or window into new, lucrative markets. Read more about Business … Continue reading 5 Ways Networking Can Help Your Business Grow
BUSINESS Business Ideas How To
May 24, 2022
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 a CAGR of 10.34% during the 2021-2028 period. These statistics are a huge one that … Continue reading How To Start Your Restaurant (Part I)
April 28, 2022
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 buying and selling. We often think that business is for specific kinds of people, and … Continue reading 4 Unique Small Business Ideas For Nurse Practitioners
BUSINESS Business Ideas Transport
April 25, 2022
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 destination to another, from the manufacturer to the final consumer. In an age of e-commerce, … Continue reading Step-By-Step On How To Create And Grow A Successful Logistics Business In Nigeria
March 14, 2022
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 the inability to pay salaries as time goes by. The value of money also tends … Continue reading How To Increase Your Market Reach
January 28, 2022
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 needed to be filled. Some people simply go into establishing businesses because they have the … Continue reading How To Identify Customers’ Needs And Market Gaps Using 4As
January 28, 2022
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 year because they fail to understudy the geography of where they want to set up … Continue reading 3 Important Factors to Consider When Choosing an Area for Your Business In Nigeria
BUSINESS Business Ideas Entrepreneurship
January 27, 2022
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 desire to grow your business in 2022, you will be able to make a difference. … Continue reading Marketing Strategies To Gain Visibility
January 27, 2022
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 more about Business Ideas Personalized gifts: This makes all the difference from random store gifts. … Continue reading 7 Things That Sell Like Crazy
August 11, 2021
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 you consider the kind of business you can start and scale with minimal capital, the … Continue reading 4 Lucrative Businesses you can start with 50k in Nigeria
August 3, 2021
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 of staff. There are certain steps that could be taken to gain traction in your … Continue reading 3 Ways To Gain Traction In Business
August 5, 2019
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 for your business. The truth is, only a fraction of companies are able to hit … Continue reading Business Growth Tip: How to Build an Irresistible Product
January 29, 2019
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 your ability to tell such things as their mood and personality, perhaps even demographic group … Continue reading Business Growth Tip: Understanding Your Customer’s Language
September 10, 2018
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 it’s a hard ask. Or maybe you’re a full-time entrepreneur. You always have tons of … Continue reading Business Growth Tip: Automate Your Business Processes
August 27, 2018
These days, businesses can go global from the very start. With a laptop or mobile device connected to the internet, they can link up with people in far-off corners of the world. As for getting products to customers, courier companies can help with shipping them halfway across the planet. Not surprisingly, small businesses are taking … Continue reading Business Growth Tip: Build A Strong Local Presence
August 15, 2018
Last month, Nigerian Startup –Coating+ clinched top prize at the Thought for Food Global Summit in Rio de Janeiro, Brazil. It was $10,000 worth of funding for their food preservation idea: lacing fruits and vegetables with a gelatinous substance partly derived from shrimp shells and soy proteins. The team of four, all postgraduate students of … Continue reading Startup Coating+ Has a Novel Idea for Solving Nigeria’s Food Waste Problem
August 13, 2018
Cash flow problems are at the core of many a small business sufferings. Sometimes, the issue is how money coming into the business gets used; at other times, the challenge is getting the money flowing in in the first place. Because businesses depend on cash to survive, any trouble with accessing it on a regular … Continue reading Business Growth Tip: How to Improve Your Cash Flow
August 10, 2018
Starting a business with little cash is not an easy thing to do. Of course, what constitutes “very little cash” depends on the sort of business you’re looking at; you might have more than enough to open a modest restaurant where you’re at, but that same sum won’t even get you on your feet for … Continue reading How to Start a Business on a Lean Budget
July 30, 2018
Do you run a business where sampling is possible? There’s no reason why you shouldn’t be taking advantage of this fantastic business strategy! When I first started my side hustle, one of the first things I learnt in training was the power of sampling. Prior to this time I had learned the power of sampling … Continue reading 6 Benefits of Giving Away Free Products Samples in Business
By jehonwa
July 9, 2018
The best ideas come to us in a variety of ways. They spring up in our heads while we’re taking a solitary walk in quiet space; or they might get unearthed at lively brainstorming sessions. In the end, their brilliance isn’t to be found in how we discover them; it’s really about the impact they … Continue reading Business Growth Tip: Hold Brainstorming Sessions
July 6, 2018
Union Bank of Nigeria ―in partnership with Co-Creation Hub ― invites students of all disciplines tertiary institutions across Nigeria to participate in her Campus Innovation Challenge. Union Bank aims to discover and support entrepreneurial students across Nigerian tertiary institutions and is looking for innovative, technology-driven ideas that address social and business challenges in the country. Interested … Continue reading Union Bank Invites Students of Tertiary Institutions To Campus Innovation Challenge
By henry
June 27, 2018
LinkedIn is about networking and connecting. And it’s not just about who you know but also the connections your existing contacts can get you. With LinkedIn, you can build from scratch and generate leads as long as you have a clear-cut strategy. Learn the basics of doing this by following the steps below: Make a … Continue reading Social Media Marketing Tips: 5 Ways To Use LinkedIn To Grow Your Business
June 26, 2018
There’s an art to making memorable events. Behind the talk, music, food and colours, there are people who’ve worked to ensure that it all comes together perfectly, to the pleasure of guests and the delight of hosts. Event planning isn’t entirely a thankless business, but it does require an appreciation of the beauty of proper … Continue reading Six Steps To Starting an Event Planning Business In Nigeria
BUSINESS Business Ideas EDUCATION Entertainment Tips
June 6, 2018
Imagine having a celebrity of high caliber tweet about your business and gush about the wonderful experience he/she had with your product. That would be a major breakthrough for your brand because it will open the avenue for your audience to see a person of high social status spreading the word about your brand. This, … Continue reading Social Media Marketing Tips: How To Reach Out To Social Media Influencers
March 13, 2018
Old style advertisements were a mashup of product descriptions, lists of advantages derivable from product use, and a plea (veiled or obvious) to the advert’s recipient – viewer or listener – to purchase the product. Pretty straightforward. If you’re still doing that today, there’s a big chance that your spending on advertising will deliver less … Continue reading Tip Of The Day: How Brand Storytelling Can Grow Your Business
February 27, 2018
Are you about to start the business of your dreams and feeling adventurous? Do you already have capital and have a well laid-out plan for your business? If so, you are on the right path and you are hopefully on your journey to success. However, there is one tiny bit of detail you may not … Continue reading Picking a spectacular name for your business
By guestpost
ANNOUNCEMENTS BUSINESS Business Ideas E-Commerce ECONOMY 6 more...
February 26, 2018
I have been studying the interconnection of The Three C’s in business and I would like to share a few observations: Capital Every time I am interviewed about small businesses in Nigeria, I am asked how business owners or aspiring business owners can raise capital to start or grow their business. I usually suggest they … Continue reading The Unspoken Rules Of Business Growth: Clarity, Capital and Connection
By tale-alimi
February 1, 2018
It’s the first day in a new month, many of us started the year with the hope of running our businesses this year, but we are troubled that we would be starting and operating the wrong kind of business. So, apart from asking the common business questions, such as: Which business is best for me? What … Continue reading 5 Business Ideas New Entrepreneurs Can Resolve To Start With
By adepeju
