Lenders check your bank statement before giving you a business loan for a number of reasons. Here are some of the main reasons: Assessing your creditworthiness: Your bank statement can provide lenders with an overview of your financial health and history, including your income, expenses, savings, and debt. This information helps them to determine whether […]
The International Monetary Fund says that Sub-Saharan Africa will be home to the fastest growing economies. Nigeria, in Sub-Saharan Africa off the coast of West Africa, is the largest economy in Africa. With an estimated population of over 200 million people and a GDP of more than 45 trillion naira There is no doubt that doing business in Nigeria is
A LENDIGO GUIDE TO DOING BUSINESS IN NIGERIA. Read More »
Writing a business plan for your side hustle or small business can help you clarify your business idea, set goals, and secure funding from investors or lenders. A well-written business plan will also serve as a roadmap for you to follow as you grow your business. Here are the main components of a typical business
7 Steps need To Write A Business Plan Read More »
The Christmas season is a special time of the year that is typically celebrated by Christians around the world. It is a time of joy and celebration, as well as a time for reflection and giving thanks. The Christmas season is traditionally observed from December 25th, which is the day that Christians celebrate the birth
3 steps to boost your credit score in this season. Read More »
The reasons you are losing customers is that you refuse to do what you should, to ensure that your customers get the best. It’s quite disappointing, and it shouldn’t be, to have put money and effort into a firm and yet be unable to make a profit or attract significant clients. This article will provide
4 REASONS YOU ARE LOSING CUSTOMERS Read More »
There’s no way around it — not all businesses can remain busy all year-round. Maybe you’re a retail outlet whose business booms around the holidays. Perhaps your business experiences infrequent lump sum payments with long periods between incoming payments. Whatever the reason, not every small business flourishes all year-round, and this can make the slow weeks
SMALL BUSINESS SURVIVAL TIPS Read More »
When running a business, the two most essential steps in maximizing profit levels are improving revenue and minimizing expenditure. In most instances, minimizing expense can be quite strenuous for businesses as it often requires a lot of sacrifices. However, reducing costs can be quite useful in salvaging particular situations. What are Operating Expenses? Operating expenses,
9 Ways to Reduce Your Business’s Operating Expenses Read More »
Hello Business tycoon! The chances are that you’ve been trying to do everything possible to grow your sales (who doesn’t like huge sales?) Perhaps you’ve tried several other methods such as Facebook Ads, sponsored posts, and the likes. And the chances are that the return on investment is making you quite baffled. While you might
5 Ways to Use Customer Referrals to Grow Sales Read More »
The world is a global village – a village where anyone with an internet connection can tap into boatloads of opportunities from the comfort of their rooms. And what is achievable in this century was not feasible in all the prior centuries combined. But this truth has never been as evident as during the Coronavirus
5 Reasons Why Your Small Business Needs A Website Read More »
The internet is the best place to leverage as a tool for marketing your business. It’s cheap, easy to use, and remarkably effective. Most of the opportunities to promote your business online may not even cost you a dime. Yes, you read that right, and you can read that again. The good news is that
5 Ways to Promote Your Business Online In 2021 Read More »
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