When you have an idea for a business two things often happen: either you rush right into it, driven by the adrenaline of having the original idea or you stop before you even start, overwhelmed by the daunting task of getting off the ground. It’s important that you find a balance, to give you the … Read more
One of the ways for a business owner to quickly achieve their entrepreneurial goals is to get access to a soft or an interest-free loan, but most of the financial institutions around the world make a profit from interest on a credit facility. However, some financial institutions are gradually embracing Islamic tenets of banking, luckily, … Read more
The Corporate Affairs Commission (CAC) has officially added Limited Liability Partnerships (LLPs) And Limited Partnerships (LPs) And Deployment Of The Registration Solutions On Company Registration Portal (CRP) This is a follow-up to the announcement of the commission on August 19 that it would be adding registrations of two new forms of business in Nigeria provided by … Read more
From wigs to weaves and hair extensions, the human hair importation business in Nigeria is more profitable than you think, most especially if you connect with the right foreign suppliers and master the secret of digital marketing to drive tones of sales. One of the major reasons why the beauty industry is cool is that … 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 … Read more
The process of application for the registration of a Non-Governmental Organisation in Nigeria is adequately provided in the Company and Allied Matters Act, 2020. The aforementioned association of people falls under the Incorporated Trustees and their mode of making such body a legal with the Corporate Affairs Commission (CAC) is completely different from business name … Read more
In the 90s, only a few small business owners knew the importance of business registration. In fact, some people ignorantly believed that you would be heavily taxed when your business is registered. It’s a myth after all. The few awareness by the government and self-consciousness of entrepreneurs regarding accessing government and banking loans has made … Read more
Access Bank recently says it has over 70,000 as agents spread across Nigeria, disclosing that its aim is to reach unbanked and under-banked millions of Nigerians in communities and cities. What are the requirements to become Access Closa Agent in your community? Do I need millions of naira to register as POS agent? For Small … Read more
In the 1990s, business owners had their tables filled up with files and record books. Those have become archaic in today’s world. Files and other important documents can be stored in the cloud and such files can be accessed anywhere on a device. The beauty of this is that there are firms that offer free … Read more
While the rate of unemployment among Nigerian youths is rapidly growing at a very disturbing pace, 19-year-old Osaruguemwen Asemota Precious doesn’t want to join the growing number. One of the entrepreneurial actions she took was to establish a makeup business. The undergraduate Medical Laboratory Science student at the Kwara State University, she set up a … Read more
