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 …
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 …
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 …
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 …
In the 21st century world, one cannot overemphasize the importance of having an online presence. With the advancement in technology and the digital age, making your business go online is one 0f the best decisions you can make. The world is now a global village, and getting to reach many people – both locally and …
5 Core Reasons Why Your Business Should Go Online Read More »
Is it time to sell your business? There is a beginning and an end to everything and businesses are no exception. Even humans who are in charge of business do have a lifespan. Although trans-generational businesses exist, it is not a guarantee it will continue to exist in the future. There comes a time when …
Should you sell your Business? If “yes”, for how much? Read More »
The common goal of every business is to get and keep customers. However, in a crowded market, this seems impossible for most businesses. This is because many other businesses are offering the same service as you. While most businesses enjoy being in a crowded market because they have access to lots of customers, running a …
How to get Customers in a Crowded Market like Nigeria Read More »
4th Floor, 13 Town Planning Way, Ilupeju, Lagos.