Connect Nigeria Partners with Global Entrepreneurship Week (GEW)
Connect Nigeria is excited to announce its partnership with Global Entrepreneurship Week (GEW), the world’s largest annual celebration of entrepreneurship, every November. Global Entrepreneurship Week (GEW) is a global tribute to creativity, innovation, job—creation, and support for SMEs. Read more about Business As a component of the Global Entrepreneurship Week (GEW), Dr. Ola Anifowose […]
The DHL GoTrade GBSN Fellowship Program 2024
DHL is organizing a fellowship program that will link SMEs from the developing world with postgraduate business students. According to the company, it aims to help small businesses benefit from the venture-building knowledge that persons formally trained in business have to share. It also wants such persons to gain practical experience engaging and advising […]
7 Funding Sources for SMEs You Have Probably Never Heard of
You may not always have enough money to run your business on a daily or strengthen and expand its operations when you need to. Traditional banks and institutional lenders, though beneficial, might not always be the most accessible or viable option. But did you know that several alternative funding sources can fuel your business’s […]
How To Attract and Retain Customers in the Face of a Devaluation
For small business owners, currency devaluation can be a daunting challenge. It impacts the purchasing power of customers and can make it more difficult to both attract new customers and retain existing ones. However, by employing the right strategies, small business owners can not only survive but thrive in the face of currency devaluation. […]
How to Sustain Your Business Growth
It is one thing to get your business off to a flying start, but quite another to sustain your business growth over time. Unfortunately, many SMEs and startups fail to achieve the latter. After an initial period in which they show some promise, they eventually flounder and stagnate. This isn’t what you want for […]
5 Ways SMEs Can Prepare for Black Friday
Black Friday has emerged as a significant retail event worldwide, presenting Small and Medium-sized Enterprises (SMEs) with both tremendous opportunities and challenges. This article highlights key strategies for SMEs to effectively prepare for and capitalize on Black Friday. Read more about Business Strategic Inventory Management In the frenzy of Black Friday online shopping, small […]
5 Examples of Strategic Partnerships You Should Look Out For
Strategic partnerships have become a pivotal strategy for companies looking to gain a competitive edge in today’s dynamic business landscape. These collaborations bring together the strengths and resources of two or more entities to achieve shared goals, whether it’s expanding market reach, enhancing product offerings, or achieving cost efficiencies. Here are five examples of […]
Top 5 Insurance Providers for SMEs in Nigeria
Businesses must get insured against possible losses. There’s no telling when a natural or man-made disaster, employee or client claim, or some other unexpected occurrence will emerge, exacting significant costs from your enterprise. If you have decent insurance coverage, you’ll almost certainly be able to take care of these kinds of issues without punching […]
Top 5 E-commerce Strategies for Small Businesses to Grow
In today’s digital age, e-commerce has become an essential avenue for small businesses to reach a broader audience and drive growth. Whether you’re just starting or looking to boost your existing online presence, these top five e-commerce strategies can help you achieve small business growth. Read more about Business Mobile Optimization is Key With […]
SMEs And the Subscription Economy: 5 Ways to Win
The subscription economy is growing rapidly, and SMEs are well-positioned to take advantage of this trend. Subscription models offer a number of benefits for SMEs, including recurring revenue, customer loyalty, and predictable cash flow. Here are five ways that SMEs can win in the subscription economy: Read more about Business Offer a valuable subscription […]
Financing Options for SMEs
Small and medium-sized enterprises (SMEs) play a vital role in the global economy. They drive innovation, create jobs, and contribute significantly to local communities. However, one common challenge that SMEs often face is obtaining financing to support their growth and operational needs. Fortunately, there are several financing options available to SMEs, each with its […]
Crafting a Killer Sales Strategy for Small Businesses
In the competitive landscape of today’s business world, small businesses must be armed with a killer sales strategy to thrive and grow. A well-crafted sales strategy can be the difference between barely surviving and achieving remarkable success. Here, we will explore the essential elements of crafting a killer sales strategy for small businesses. Read […]
5 Strategic Partnerships for SME Expansion
In today’s competitive business landscape, Small and Medium-sized Enterprises (SMEs) often face numerous challenges when trying to expand their operations. Limited resources, budget constraints, and a lack of brand recognition can make growth seem like an uphill battle. However, one powerful strategy for SMEs looking to expand is forming strategic partnerships. These partnerships can […]
5 Proven Strategies to Boost Cash Flow in Your SME
Cash flow is the lifeblood of any small and medium-sized enterprise (SME). Without sufficient cash on hand, even a thriving business can face serious challenges. Managing cash flow effectively is essential for sustaining day-to-day operations, covering expenses, and investing in growth opportunities. In this article, we will explore five proven strategies that can help […]
5 Institutions Where SMEs Can Get Grants and Loans in Nigeria
Small and medium-sized enterprises (SMEs) are the backbone of the Nigerian economy, accounting for over 90% of businesses and 70% of employment. However, access to finance (grants and loans) remains a major challenge for SMEs in Nigeria. Read more about Finance The good news is that there are a number of Nigerian-based institutions that […]
5 Innovative Product Development Strategies for SMEs
In today’s dynamic business landscape, Small and Medium-sized Enterprises (SMEs) face unique challenges in product development. These challenges include limited resources, fierce competition, and the need to stay ahead of rapidly changing consumer demands. To thrive in such an environment, SMEs must adopt innovative product development strategies. In this article, we will explore five […]