Running one’s own business has a drift to take up entire life, so it is very important to assess whether or not the reasons are logical and practically implementable. This section looks at some of the most common reasons why people opt for their own business. We have heard a million reasons not to go…
Ecommerce has become an integral part of the today’s society. However, the hysteria that greeted its rapid rise not only in Africa, but in Nigeria, has to a large extent cooled off. Household brands like Jumia, Konga, Dealdey and HotelsNg continue to mirror the significant gains from the upsurge and the progress made over the…
As an entrepreneur you will have master many skills, including management, communication and decision making skills. One of the most important aspects that all business owners need to understand is marketing. This will be how you sell your business to its customers and therefore will represent how you will create profits for your business. There…
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 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…
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.…