There are many factors to consider if you are looking to start a build a business from scratch. Sometimes it’s possible to skip the planning stage and start later working on the details; it’s however not a very smart move. Starting a business without a well laid-out plan can be a catalyst for failure. Not…
After speaking to and working with business owners on a daily basis, I value the spirit of entrepreneurism more and more and I feel so inspired every day. But I’ve learned with each interaction also, and these are some very general lessons I’ve absorbed and embody in my daily business operations… I’ve observed it takes…
The Key to Succeeding in Today’s Entrepreneurial Ecosystem Today’s entrepreneurial landscape is indeed competitive, with a million bright minds with brighter ideas vying for their share of success. With the entrepreneurial scenario getting aggressive, the most challenged players in this group are the first-time entrepreneurs. Often with innovative concepts of a path-breaking solution or product…
One should know the chances of a business thriving through its early stages as a business grows exponentially if you take your time to prepare. Startups can be a funny thing, the moment you start is the moment you realize that you are running a real business. Founders need to be calculative about matters such…
Leading a small business can be as stressful as maintaining a healthy relationship with your spouse. Here are some basic principles to get you started on a sane journey toward growth. So many business founders come up with a good idea, yet they are unable to scale their companies for growth. What could possibly be…
Sometimes the hardest thing about saving money is just getting started. It can be difficult to figure out simple ways to save money and how to use your savings to pursue your financial goals. This simple step-by-step guide to money saving habits can help you develop a realistic and a good saving plan. Record your…
With the moving time, there are many business houses, corporate sectors have managed their own slice of work of accounting, and they have learnt to manage the accounts, which are easy to handle them. Bookkeeping is far easy to manage but when it comes to managing the small business then usually the companies hire for…
“WHEN WOMEN PARTICIPATE IN THE ECONOMY, EVERYONE BENEFITS!” It is true that women have come a long way with over 2 million Women Entrepreneurs in Nigeria! But , when we have a closer look, it is just 13.76% of the total entrepreneurs.Why is this share very little? It is because we hardly understand the significance of economic…
Profit in any business comes from your business turnover multiplied by your margins. In simple term, Profits = Turnover x Margins Turnover, in turns, is determined by the number of customers you have, multiplied by the number of transactions each customer had with you and the average dollar sale. Thus, Turnover = Number of Customers…
There are many reasons why people generally find it tasking to get job offers or invitations for interviews. One of such reasons is the fact that they make unforgivable mistakes when writing their resumes. Resumes are extremely important documents that should be written with the utmost detail and attention to avoid mistakes. Ignoring Keywords We’re…