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How Startups Can Manage Their Debts Better With Debt Consolidation Loan

You may not know but it is a fact that debt consolidation loans help the startups to manage the multiple debts in a better way. This concept may seem to you to be pretty simple and incredibly impressive, but rest assured it is very complicated to execute in your debt management endeavor. This article focuses on how startups can manage debts better with debt consolidation loan.   What is a Debt? A debt is a sum of money that is owed or borrowed...

5 Best Banks For Business Account In Nigeria

If you want to open account for your Business Name, Limited Liability Company or Public Corporation in Nigeria but you’re not really sure which bank to choose, below is our list of best banks for business account in Nigeria.  This post highlights the top 5 banks in Nigeria that is most suitable for small scale businesses, established firms and startup entrepreneurs who want to open business accounts. Most of these banks provide multiple SMEs packages that are best for online business in Nigeria, internet...

How to Start a Business in Nigeria

Looking for how to start a business in Nigeria? Find out more from this business startup eBook. It covers everything you need to launch start and grow. No doubt, downsizing, also known as workforce reduction is becoming the order in today’s global employment markets. While other professions are faced with cut-backs and lay-offs due to weaker economy, the entrepreneurship sub-sector has continues to remain strong and stable in many nations of the world. For a fresh graduate, laid-off worker and those still in the jobs,...

How to Create Marketing Plan for Your Business

This post outlines the essential steps you need on how to create marketing plan for your business. Due to the current sales declines, slow growths and increasing competitions in today economy, a company must continue to maintain good image relationship with the public and increase its profits through improved sales functions. To achieve this, business has to identify the marketing needs and opportunities in its market segment, keep abreast with relevant information and technologies, develop quality products to satisfy those...

What is Company Law in Nigeria?

For purpose of this section, we are going to look at what is Company Law in Nigeria; following the provisions of the Companies and Allied Matters Act (CAMA) 1990, as amended. This post is designed to further the understanding of our dear readers, who want to register their businesses in Nigeria. In our previous articles, we learnt that a Company can be structured in different ways, such as: a sole proprietorship business, partnerships, Limited Liability Company, among others. You will also...

Is DealDey and Gloo Online Stores Shutting Down?

As another leading e-commerce platform in Nigeria will beclosing shop barely a month after DealDey shut down, industry insidershighlight major constraints before the sector with logistics topping the list. As at the time of writing this report, the Deal Day online store (https://www.dealdey.com/) is currently empty with no products currently listed. Gloo will be shutting down next month after seven years of operation, according to its founder, Olumide Olusanya. Olusanyacited the 2016 recession and its impact on Nigeria's economy as one of...

How to Register a Business Name in Nigeria: 4 Step Guide

As a business owner or partner, if you have choose to name your business as anything other than your own personal names, then you’ll need to register it with the appropriate authorities in Nigeria. The post is a step by step guide on how to register a business name in Nigeria with the Corporate Affairs Commission (CAC).  It is required by law that you register your business if you want to do legitimate business in Nigeria. Apart from the requirement...

10 Factors to Consider In Business Loans Application Process

In today economy, getting a small business loan can be so important in growing your new business. However, below are key factors to consider in business loans application. However, a lack of equity usually limits the debt financing available to most startup businesses in Africa and across the globe. Lenders will generally require some equity cushion or security (collateral) before they can lend to small businesses. Additionally, debt financing requires the ability to service the debt through current interest payments. This also makes...

6 Things to Include In Your Local Business Listing Sites

There are many online business directories you can submit your details today, but small businesses which are location specific should start with the local business listing sites in their niche or area. Adding the right information to your business directory profile across these sites will increase the chances that these prospects are able to contact your for business offers. Here, we've put together a list of the most important things you should get right and ensure to include them across all...

How To Make Money Online In Nigeria

If you are looking for ideas on how to make money online in Nigeria, this post will show you some decent and sure ways you can earn massively online. Here, we are going to discuss several creative way of making money online. So if you are reading this article, you’re one step ahead of achieving success in your online money making quest. Without out wasting mush of your time, below is our step by step guide or better; the list...

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