If you are a small or medium business owner, establishing a relationship with a bank by opening an account can help boost your personal business. Banks are the major lending institutions to individuals and organisations in the society. However, to access loans from banks, the borrower needs to understand what they require in order to…

Recession is defined by economists as two consecutive quarters of negative Gross Domestic Product growth rate in an economy. It is a confirmation that economic activities in a country have contracted. We believe by now, you have been inundated with news of an impending recession and what it could mean for Nigeria and your business.…

Getting Started: The Concept Paper The most universal advice on writing a successful grant proposal is to present a well written, focused solution to a problem in a logical progression. This is much easier said than done, and finding the focus is often the most difficult piece of the puzzle. To find this focus, we…

It has been discovered that most new businesses fail due to inadequate understanding of good business management techniques. As a result, commercial banks and other financial institutions are reluctant to lend to them. Experts note that fundamental business management skills can assist these business owners in making good business decisions. According to them, not all…

1. Know who you’re dealing with Try to find an artisan physical address (not a P.O. Box) and phone number. With internet phone services and other web-based technologies, it’s tough to tell where someone is calling from. Do an online search for the company name and website, and look for reviews. If people report negative…

Are you about to start a business, Currently running a business or contemplating whether to enter into partnership with someone on a particular business? Then you will most likely need two or more of these tips which are very vital for the success of any business: Don’t be scared of starting a business or taking…

Many businesses mistakenly believe that posting classified adds is a thing of the past. However, for local and small to medium sized businesses especially, classified add posting is just as useful a tool as it ever was for engaging with wider local communities and potential new customer bases. Media space is expensive. Moreover, whilst social…