When a small business owner takes a bold step to set up a venture, definitely their plan is to expand, grow, and possibly go international. Unfortunately, the rate of business failures across the world is disturbing and alarming in struggling economies. In the face of numerous challenges, how can small business owners avoid business failure? […]
15 Practicable Ways For SMEs To Avoid Business Failure Read More »
Residents of the United Kingdom can now buy and sell cryptocurrencies starting this week, a press release by the global payment platform said Monday, August 23, 2021 The announcement is the first international expansion of PayPal’s cryptocurrencies services following the launching of the same system in the United States early this year. With over 403 million active accounts globally, the California-based
UK Residents Can Now Use PayPal To Buy and Sell Cryptocurrencies Read More »
Bitcoin crossed $50,000 (N25,999,830.26) on Monday, August 23, 2021 for the first time since May. It made a significant come back rising sitting at $50,348.73 at the time of publishing this report. Live price chat monitored on coinmarketcap showed that it gained 2.44% in the last 24 hours while it made 6.86% gain in the last
Bitcoin Price Crosses $50,000 for First Time In 3 Months Read More »
Most times, small business owners are preoccupied with their daily multi-tasking activities, thereby ignoring or paying less attention to record-keeping. Of course, an SME owner isn’t a superman or woman, yet the same proprietor is the accountant, stock keeper, manager, and driver. But ignoring to keep a financial record could be detrimental to the long-term
10 Practical Benefits of Record Keeping For Businesses Read More »
It will cost you at least N25,000 (about $18 USD) to register your business name in Nigeria through an accredited agent of the Corporate Affairs Commission, but you may not need the services of an agent if you can follow the guidelines and instructions set by the commission. If you register yourself, you will save at least
How to register your business name in Nigeria without a CAC agent Read More »
As a business owner, the success of your business depends on how healthy you are. If you can’t effectively manage your business due to ill health, your business will definitely suffer the consequences. Most times, a small business owner is a driver, the account manager, the recruiter etc because they want to maximise profit. When
15 Ways Business Owners Should Look After Their Mental Health Read More »
We’ve said severally how difficult it is for small business owners to access financing, but getting the right information to know the right credit facility for SMEs is also very important. Do you know that even when the loans are available, the eligibility requirements and the interest rates by the commercial banks are not always
33 Nigerian Banks Where You Can Get DBN Loan For Your Business Read More »
I read in the news on Tuesday, July 27, 2021, that Godwin Emefiele-led Central Bank of Nigeria halted the sales of forex to the Bureau De Change operators in Nigeria. CBN will now be supplying forex to ONLY commercial banks. The new rule takes immediate effect. Should you be worried about the new CBN policy
5 Implications of CBN Stoppage of Forex Sales to BDC Operators in Nigeria Read More »
Three merits of being self-employed are: 1) the freedom to manage your own time, 2) absolute decision on when to work and when to take a break or go on holiday, and 3) the ability to hard side hustle to your present source of income to take care of some bills. So, what would you
10 Side Hustle Jobs Business Owners Can Do From Home Read More »
Nirsal Micro Finance Bank (NMFB), a CBN-dedicated bank for disbursement of government loans, has assured small business owners and individuals who accepted the loan offer of the government would receive a credit alert. The bank made the assurance on its Facebook page while reacting to the delay in the disbursement of loan applications and assured
Those Who Accepted Our Loan Offers Will Receive Credit Alert – NMFB Read More »
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