Share this on WhatsAppNigerian employees have been facing a significant cost of living crisis in recent years, characterized by rising inflation, high unemployment rates, and increasing prices of essential goods and services. Several factors contribute to this crisis: Setting up a Bonus Program The ongoing cost-of-living crisis is a subject on every employer and employee’s …
Benefits of having a Business name
Share this on WhatsAppHaving a business name helps you benefit from the following below; Supplier Arrangements A registered business also makes you eligible to receive supplier discounts that you wouldn’t normally receive as an unregistered business entity. Business Trip to Other Country Another great benefit of business registration is that you can easily obtain a …
Factors of getting a business loan
Share this on WhatsApp Business loans can be essential to launching a startup or expanding an existing company, with funds often used to secure inventory, purchase equipment, rent operational space, hire employees or cover a host of other expenses. However, business loans can be difficult for new companies to get. Limited Cash Flow A measure …
Do’s and Don’ts of a Business Credit line
Share this on WhatsAppLike most financing options, business lines of credit have both benefits and drawbacks. Knowing both will help you understand if this is a good option for your business. Do’s It’s a flexible financing option. One of the biggest draws for many businesses is the flexibility a line of credit provides. You have access …
Business License in Nigeria and how to get it done
Share this on WhatsAppLicense in Nigeria are compulsory both for Nigerians and foreigners to operate a business legally in different sectors of the economy in Nigeria. This article will guide you on how to get your business license done. They are permits issued by the government or through its agencies to individuals and companies to …
Why Business must avoid unregistered trademark
Share this on WhatsApp Trademark well established a brand may be, it must continue to adopt an intellectual property (IP) strategy that aligns to its business or organizational model and goals otherwise risks missing out on revenue opportunities. Today’s brands must have a winning strategy, leveraging on their IP portfolio to gain competitive global advantage. …
USING A CRISIS TO BECOME A MARKET LEADER
Share this on WhatsAppMost companies never make the decision to become extraordinary… They talk about becoming extraordinary, or write mission statements about becoming extraordinary. But they never make the commitment that takes hold, becomes real, and creates a new level of success. It starts with a decision A common thread among extraordinary companies is that …
Innovate or Die: How to conquer your market through relentless Innovation
Share this on WhatsAppDid you read our article about becoming a market leader? You will notice that innovation is an integral part of the market leadership process. Innovation is bigger than a product or a technological platform. In truth, it’s the innovations to organizations and management that precede product or technology Great leaders don’t innovate …
BECOMING A MARKET LEADER
Share this on WhatsAppFor over 10 years, I have had the privilege of working as a consultant for some of the best companies in Nigeria. In that time, I have become fascinated with those companies, large and small, that are able not only to achieve success, but sustain that success over time and in such …
The 5 Levels of Entrepreneurship
Share this on WhatsAppLast week, I came across this video by Patrick Bet-David discussing the 5 levels of entrepreneurship. In the video, Patrick takes viewers through the process from being merely interested in starting a venture, through to joining the league of extra-ordinary entrepreneurs. So what are these levels of Entrepreneurship? According to Patrick, the …