Archives Tag: SMEs
5 Key Market Insights Before Launching Your SMEs In Nigeria
April 19, 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
SME Spotlight: I-Excel Education Consulting
April 19, 2022
I-Excel is an education advisory firm located in Lagos State. It provides school placement, student visa guidance, and school support services to persons who intend to study at universities in selected locations across the world. Read more about Business This company is just one of numerous businesses offering student support and consulting around educational needs. … Continue reading SME Spotlight: I-Excel Education Consulting
How SMEs Can Control Cash Flows And Manage Their FinancesÂ
April 19, 2022
Our world is driven by cash. Hence, cash is the bedrock of every business. Cash is regarded to be more valuable than profits, stocks, receivables, revenues, and so on. With cash, SMEs can take on a new inventory, expand, pay staff, reach out for new supplies, etc. This is to tell you the importance … Continue reading How SMEs Can Control Cash Flows And Manage Their FinancesÂ
SME Spotlight: Ellaimpress
April 19, 2022
Ellaimpress is a branding, creative design and printing company based in Port Harcourt, Rivers State. It prints cards, fabric, banners, and souvenirs, which its clients want for a range of purposes—personal use, business promotions, and gifts. Read more about Business The industry in which Ellaimpress operates is fairly competitive. Port Harcourt is home to a … Continue reading SME Spotlight: Ellaimpress
Starting A Small Business In Nigeria: What You Should Know
April 19, 2022
One of the resolutions you might have made this year was to start a business. 2022 is almost half spent, have you been able to kick off with that business idea? Perhaps, you don’t even have a definite business idea. This article will put you on the right pedestal to start your own business this … Continue reading Starting A Small Business In Nigeria: What You Should Know
SME Spotlight: Klinsheet Consulting
April 19, 2022
Klinsheet Consulting is a background check and Human Resource consulting firm. It helps organizations to investigate the credentials of their prospective employees. It also provides HR outsourcing and business advisory services to corporate clients. Read more about Business The background check niche in Nigeria is still relatively small. But it’s growing. As more companies move … Continue reading SME Spotlight: Klinsheet Consulting
SME Spotlight: Simeon’s Pivot Resources
April 19, 2022
Simeon’s Pivot is a Human Resources and Management Consulting company based in Lagos. It provides HR outsourcing, training, and recruitment services to Nigerian organizations. It also plans strategies, processes, and operations for its client businesses. Read more about Business The firm takes on the HR functions of several companies, allowing them to focus on their … Continue reading SME Spotlight: Simeon’s Pivot Resources
Best Financing Options For SMEs
April 19, 2022
According to statistics, many small businesses fail within the first five years of their incorporation. Among other things, funding remains the primary issue in these cases. Many a time, small business owners start with goals for their businesses and perceived ways to meet those goals. However, unforeseen circumstances arise which make these goals unattainable. Money … Continue reading Best Financing Options For SMEs
SME Spotlight: Kendor Consulting
April 19, 2022
Kendor Consulting is a Human Resource training and consulting services provider based in Lagos. It helps corporate organizations with learning interventions that enable them to manage their employees better. It also handles recruitment and onboarding processes on behalf of its client businesses. Read more about Business The HR management and outsourcing space is quite competitive. … Continue reading SME Spotlight: Kendor Consulting
SME Spotlight: Amani Art
April 19, 2022
Amani Art is a web design company based in Port Harcourt, Rivers State. It builds websites, online stores, and mobile applications for businesses, and also provides digital marketing services to its clients. Read more about Business Besides these offerings, Amani Art helps enterprises to create logos and harmonize their branding features across multiple digital channels. … Continue reading SME Spotlight: Amani Art
How FinTech Can Help Ensure The Survival Of SMEs In Nigeria
April 19, 2022
According to Price water house Coopers (PwC), in Nigeria, Small and Medium-sized Enterprises contribute 48% of the national GDP and account for 96% of businesses and 84% of employment. Despite the significant contribution of SMEs to the Nigerian economy, challenges persist that hinder the growth and development of the sector. Numerous studies report that the … Continue reading How FinTech Can Help Ensure The Survival Of SMEs In Nigeria
Payhippo Extends Lending Services To SMEs
April 19, 2022
SMEs are the driving force behind Nigeria’s economy. They account for about 96% of businesses and 84% of employment in the country. However, limited access to credit continues to stifle the growth of SMEs and limit their contribution to the country’s GDP. Payhippo was designed to provide SMEs in Nigeria with credit facilities since it … Continue reading Payhippo Extends Lending Services To SMEs
Top Tech Tools For SMEs In Nigeria
April 19, 2022
Small business owners are often faced with the daily task of drafting proposals, meeting with clients, checking emails and administration tasks, etc such that it is easy for them to become overwhelmed and exhausted. Fortunately, advances in technology, software, and apps mean that there are a great number of digital tools ready to help them streamline … Continue reading Top Tech Tools For SMEs In Nigeria
How Technology Can Impact Nigerian Startups And SMEs
April 19, 2022
The SME sector is the backbone of major developed economies, as well as contributesto employment and economic growth. In South Africa, SMEs account for 91% of businesses, 60% of employment, and contribute 52% of total GDP. In Nigeria, SMEs contribute 48% of national GDP, account for 96% of businesses and 84% of employment. Read more … Continue reading How Technology Can Impact Nigerian Startups And SMEs
The Best Insurance Plan For SMEs In Nigeria
April 19, 2022
The role of small and medium enterprises (SMEs) in the economy of Nigeria cannot be underestimated. According to the Nigeria Bureau of Statistics (NBS), local SMEs contributed about 48% of the national GDP in the last five years. Read more about Insurance There is an estimate of 17.4 million SMEs in Nigeria and they … Continue reading The Best Insurance Plan For SMEs In Nigeria
