Book-Themed Business Ideas for Book Lovers
You may have resolutions to create a dynamic business start-up, you may also be interested in mixing your book passion with your business idea. You’re probably also wondering how to create a niche for yourself so as not to resemble most businesses out there. Well, here is a chance to turn your passion for books […]
10 Businesses You Can Start in 2018
As the fireworks colored the dark sky with bright lights upon the coming of the new year, some of us already had our sights set on making the next twelve months truly productive. Amidst the jubilant shouts and celebratory cries, a quiet, determined thought tugged at us: the desire to be better, to aim higher, […]
How To Spot A Great Business Opportunity
The typical success story of the big time entrepreneur goes thus: man stumbles upon business opportunity, the man throws himself at a business opportunity, man gets rich off business opportunity turned corporate empire. It all sounds pretty straightforward, and honestly, a bit too embellished to gulp. The more detailed accounts have the toil and sleepless nights, […]
Five Things To Consider Before Expanding Your Business
The thought of pushing into farther frontiers comes to most entrepreneurs who think their business is doing well. It’s understandable: the very nature of enterprise (more so in today’s world) demands that business ventures either expand in some way or recede into insignificance or non-existence. The passage of time erases the comfort of stasis, and […]
Nigeria’s Billion Dollar Dairy Industry
Dotting the vast savannah of Nigeria’s northern region are hundreds of settlements established by cattle rearing people. These permanent and semi-permanent encampments are an interesting addition to the dusty landscape that spans kilometres between towns and cities; sometimes, they are perched on the edges of the towns, and may even punctuate conurbations in these parts. […]
How To Revive A Failing Business
Collapsing enterprises are not an uncommon feature of the Nigerian business landscape. Many of them are pummeled into oblivion by an unforgiving business climate; others are run into the ground by poorly informed entrepreneurs and aloof staff. Anyone who takes the chance of launching into the challenging waters of Nigeria’s startup environment must be sure […]
The Pros and Cons of Business Bartering
It’s hard to imagine that 21st-century businesses would be taking a cue from primitive humans who lived in far less sophisticated societies several millennia ago. But they’re doing exactly that. They’re bartering goods and services, exchanging what they have for what they need- like our ancestors did in the era preceding the invention of money. […]
Five Proven Ways To Increase Your Business Sales
You run a small business. It offers products and services that you think should be in high demand, but somehow, it’s floundering- sales are low. Or maybe you are doing alright, but you’re not satisfied with the status quo; you want to break through what seems to be a revenue ceiling, a sales threshold you […]
How To Start A Book Publishing Company In Nigeria
Notwithstanding the laments voiced by fans of literature about Nigeria’s poor reading culture, books are being bought in this country. Tons of them! The evidence can be seen in the demand for textbooks by the ever swelling population of students, the increasing interest in motivational and self-help books, and the undying love that the more […]
How to Go From Being the Business to Having a Business
“I am the business.” I have heard this quote from several people especially entertainers. It sounds really cool and fancy until you dig deep and understand the implications of that quote. According to the BusinessDictionary.com, ‘A business is an organization or economic system where goods and services are exchanged for one another or for money.’ […]
6 Reasons Why You Should Start a Business
I grew up hearing phrases like “The way you dress is how you will be addressed” and “You must eat, look, and dress a certain way to be successful”. My personal favourites are articles that tell you where you need to spend a vacation, what you need to smell like or what car you should […]
For Startups: Five Things You Need In a Co-founder
Some companies start off as an idea in the head of a single individual, who then takes the initiative to found, push, and grow it into a strong, thriving establishment. Others are the product of the thinking and hard work of a number of individuals, who collaborate to make their startup succeed. Taking the former […]
7 Questions to Ask Yourself Before You Start Your Small Business
If you’re considering starting a small business this year, you are not alone. More and more Nigerians are taking that step, some becoming full-time entrepreneurs and others starting their business as a side hustle. Whichever route you’re taking, it’s absolutely important that you ask yourself certain questions to help you prepare a bit more for […]
6 Businesses That Thrive During Economic Downturns
Humans naturally detest uncertainty. The fear of not knowing is one thing that makes economic downturns so problematic. We are not certain about how bad things might get, how much our businesses will be affected, or what outcomes to expect. A few platforms rise above the raging waters of general financial turmoil. These tend to […]
10 Tips on Selecting a Location for Your New Firm
Most people regard finance as the most important factor involved in setting up a new business. And it’s understandable that they would take that view. Give me that start-up capital, and I’ll make something fantastically successful out of it. This mirrors popular thought. But only a surprisingly small number of intending entrepreneurs take the decision […]
6 Easy Ways to Generate Great Ideas
Ideas are worth a penny but good ideas don’t come cheaply or easily; at least to most of us. We tend to think of inventors as another species—geniuses—who have sudden flashes of insight. Some of us can’t think of a single instance when a light bulb went off in our head, leading to some killer […]