Business Financing

Evert business need positive cash flow management, daily accounting records and good accounting decisions to survived. If you are looking for ideas on how to raise money for your business or the best ways to finance your startup business in Nigeria, then get every information you need here on Abbakin about how to Business Financing and Accounting Management.

How to Fund a Business through Personal Savings

Raising money to start and grow a business is one major challenge that affects many entrepreneurs. As a business owner or founder looking for the best way to raise capital for your business, you can fund a business through personal savings, small borrowing from friends & families and through credit purchase from your suppliers. You will also need responsive website designs, social media marketing, corporate branding and search engine optimization strategies to grow your business, increase your online visibility and make more sales. Of course, there...

Nigerian Banks That Will Give You Business Loan

So you're thinking about how to get a business loan in Nigeria without collateral? In this article, you are going to find out the 5 Nigerian Banks that will give you business loan without collateral. Please note that the success of any business venture is not dependent on bank loans; what matters most is the business administrative styles, cash flows management, effective marketing strategies and customer satisfactions. Experience, knowledge of the target markets and the understanding of your customers’ needs...

Nigeria Companies and Allied Matters Re-Enactment Bill

The article provides principal insights to the newest Nigeria Companies and Allied Matters Bill 2018, The Companies and Allied Matters (Repeal & Re-Enactment) Bill 2018. As part of its reformative plans for the Nigerian Business Environment, the Federal Government has, through its upper legislative house, the Senate, passed the Companies and Allied Matters Act (Repeal and Re-enactment) Bill in a bid to amend the country’s foremost business legislation. Although the Bill will not become law until it is passed by the...

How your credit score is calculated

So you want to know how your credit score is calculated by major and significant financial institutions? Good, you just stepped out in the perfect place. It is because here you find the best and all the necessary information regarding the concept on what you need to know about Credit Score. Let’s start with the primary concern for which you are here. Whenever people need to borrow money from someone, or they need to rent a building or house, then...

How to Maximize Your Crowdfunding Campaign

Almost each and every startup is going to consider crowdfunding at one point in time or the other in their journey as a way of securing their business finances. There is a chance that you are burning out rapidly even with the assistance of the bank loans, your personal savings, and also, the money donated by your friends and family, and you will be ready to face what the crowd is going to think about your product by implementing...

How to Write a Business Plan in Nigeria

Thinking about how to create a business plan for your small or medium sized business? Learn how to write a business plan in Nigeria from the professional business plan consultants. Most Nigerian entrepreneurs and companies do not have or implementation business plans when starting or growing up their businesses. They perhaps believed that business plan is just a document or paper that will not give them the most need capital to scale up their business ideas or investment. Of course, a...

Parameters to Include in your Business Plan Template

Most entrepreneurs, startups and business owners are usually reluctant to write down their business plans and document key activities but we have made this process easier for you with our custom business plan template. To help you build your own business plan seamlessly, you can purchase our affordable business plan template; with this, you can easily integrate these main parameters to include in your business plan template. So you don't need to start writing your new business plan from scratch. This...

How to Get Debt Consolidation Loan with Bad Credit Score

If you want a debt consolidation loan with bad credit score then a few options are available for you.  Nowadays, nothing is more important than credit score because most of the lending companies are providing loan according to the credit score. People with poor credit score can avail the loan, but you have to pay higher interest rates to the users.  A credit score will give an estimate to you related to the loan. If you have a great credit score, then you can easily apply for...

How to Develop a Winning Business Plan in 5 Easy Steps

This post outlines how to develop a winning business plan in 5 easy steps. The best way to start a business is to set out your ideas in a proper business plan, with costs and returns on investments well analyzed. It includes free access to our Sample Business Plans, Worksheets, Startups Business Tools and other Resources to help you create a wining business plan that your potential investors or partners would get excited about and willing to invest in.   First, What...

How to Prepare Your Loan Application with the Banks

This article on how to prepare your loan application with the banks covers the key areas banks look at when you apply for a personal, mortgage or business loan. With the recent economic challenges, getting a bank loan is no longer the easiest process. This is because financial lenders are now looking for a lot more in a loan applicant. Banks or financial institutions are different, but many of them focus on similar requirements throughout the loan process. To get approval for a bank loan,...

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