How well you are able to manage other people will determine whether or not your business is successful. This includes finding the right place for yourself in the company’s actions and for hiring employees. Choosing employees who are capable, competent, compatible, committed and who fit into your company’s culture will ensure that the day to day aspects of your company…
A recent survey found that more than 70% of people want to be some sort of entrepreneur. Becoming an entrepreneur is a sought after job for many reasons, including pride, purpose and possibly money. Starting and running your own business on a day to day basis is no easy task, but it is one that…
A savings account is one of the simplest types of bank accounts available to consumers, letting you to store cash securely and earn interest on the money. According to https://www.nerdwallet.com, banks and credit unions offer three kinds of savings vehicles, each with varying requirements and levels of return. Knowing the differences — what’s good about…
Young people need to cultivate pro-success habits as they use social media to increase their entrepreneurial potentials as well as grow their small businesses online. The availability of the Internet and increased use of smart phones have heightened the magic and allure of social media. If not managed, it can become a tool of entrapment…
Facebook’s Chief Executive Officer, Mark Zuckerberg, is currently in Nigeria to see how Facebook can better support technology development and entrepreneurship in the country and other African nations. The Facebook CEO visited a ‘Summer of Code Camp’ at the Co-Creation Hub in Yaba, otherwise known as the Silicon Valley of Nigeria, as one of his…
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.…
Many different issues must be considered when starting a small business. It is important to plan properly and avoid common pitfalls. As you determine whether or not to start a business, consider NeedMyservice’s suggested dos and don’ts of starting a small business. Dos Do consider risk versus reward. Business ownership is a balance between the…