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Wholesale Business Ideas You Can Start With 5-10 Million Naira in 2023
Looking for new business ideas within a budget of 5-10 million Naira in 2023? Discover the potential of wholesale businesses as we explore profitable opportunities in this blog post. Whether you are a serial entrepreneur, or just starting, these budget-friendly wholesale ideas can pave your path to success. Criteria for Choosing Profitable Wholesale Businesses Selecting…
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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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Yana X Camera Joints
Some weeks ago, we had the opportunity to partner with @camerajoint to help photographers pay for gadgets and cameras that they need to scale their business. We’re so happy to help photographers and other business owners across Nigeria get the funding they need to purchase assets to help grow their businesses. While business owners can…
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Hiring for small businesses in Nigeria: 5 things to consider
In a small business, it is very unlikely that your first hire will be a human resources person. The need for business owners to understand what to consider and look out for when hiring is of utmost importance. Here are 5 important things you should think about and carefully consider when hiring for your business:…
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How To Start a Food Business in 2024
Starting a food business is definitely not for the weak or faint-hearted. From the risk of wastage to quality assurance measures and rising food prices in Nigeria, it’s not a business one can do on the side without proper management and team. But the food business is also lucrative if you get the food right.…
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A Comprehensive Guide to Return Policies For Small Businesses (Free Returns Policy Template)
According to a 2019 survey, 73% of customers patronized a business again because of its policy on returns and refunds. Returns and refunds are a part and parcel of doing business. There are so many reasons a customer could be seeking a refund or return. These reasons may include wrong product delivery, subpar product quality,…
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5 Tips to Boost Online Visibility for Small Businesses
Instagram has over 200 million business profiles. That’s 200 million shopping options as of 2021. For personal profiles, over 81% of people use Instagram to research and purchase goods. Over 200 million Instagrammers actively view a business profile every day. Small businesses have a hard time popping up first in these search results. Gaining visibility…
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How to know when your business needs financing to grow
Have you ever heard of the term “Business life cycle”? In simple terms, a business life cycle is defined as the stages or phases that a business goes through. There are mainly four stages in a business life cycle: launch, growth, maturity, and decline. The transition from the launch phase to the growth phase would…
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Taxation 101: What every business owner should know about taxes
As a small business owner in Nigeria, conversations about taxation usually come off as rocket science. This can be attributed to the lack of enough information concerning the forms of taxes that small and medium scale businesses owners should be aware of. In this article, we will walk you through the basics of taxation, how…