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5 Small Business Financing Options to Fuel Your Growth
When running a small business, securing the right financing can make all the difference in scaling your operations, managing cash flow, and seizing growth opportunities. Navigating the plethora of financing options available can be daunting, but understanding your choices is the first step toward making an informed decision. Here, we explore five small business financing…
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Why Do SMEs Fail in Nigeria?
Small and Medium-sized Enterprises (SMEs) are the backbone of Nigeria’s economy, contributing significantly to employment and economic growth. Despite their importance, the failure rate among SMEs in Nigeria is alarmingly high. According to recent statistics, about 80% of SMEs in Nigeria fail within the first five years. Understanding the reasons behind these failures is crucial…
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10 stress-free business ideas for you
Starting a business doesn’t have to be stressful. Whether you’re seeking a side hustle or a full-time gig, there are plenty of stress-free business ideas out there that allow you to stay relaxed while making a living. In this article, we’ll explore ten business ideas that are not only easy to start but also offer…
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How to brand your business in 2024 (steps + examples)
Consistent and professional branding builds trust between businesses and consumers
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5 Reasons Taking Loans May Be The Best Move For Your Business
With Nigeria’s interesting business landscape, small to mid-sized business owners often find themselves navigating one financial challenge or the other. A solution that has gained considerable traction in recent times is securing loans for business growth. Contrary to common misconceptions, taking loans for your business can be a strategic move that fuels expansion, innovation, and…
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5 Ways to Get Out of A Breakeven
Breakeven is simply a point in your business where your business profit = business expenses. You’re not making any money, but neither are you in debt. It can be a difficult point for any business to be in because the business is just stagnated. At this stage, the business is not growing but is also…
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The Hilda Baci Story: 3 Key Lessons For Business Owners
Chef Hilda Baci embarked on a journey to break the world record for longest cooking time. What lessons can business owners across Nigeria learn about 2 years of hardwork and 100 hours of sheer determination?
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Managing Your Personal Finances as a Business Owner
Running a business affords a business owner a certain level of flexibility that working a 9-5 job does not. This flexibility can look like having more time for yourself and having the freedom to make decisions without prior consultations with anyone. But while this flexibility exists, business owners do not have the security of a…
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7 Reasons No One Is Buying From Your Business
One of the biggest worries of any business owner is to be seemingly doing the right things, and not getting results that match up. As a business owner, going days or weeks without making any sales can be quite frustrating. But, there’s a chance that the reason why this may be happening is as a…
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How to Make Good Instagram Reels For Businesses
Instagram reels were introduced in 2020 to compete for a space in the video creation market. 4 years later, it is still Instagram’s algorithm’s most favoured feature. Although it has existed for almost 4 years, not all businesses have been able to hack making good reels that convert into followers or buyers. Reels help expose…