Startup Businesses Archive

Common Mistakes to Avoid Before Opening for Business

If you’re eager to start a business, here are common mistakes to avoid before opening for business. You’ve established your business, so what’s next? Maybe you are thinking about opening your doors? Understand how you can avoid these costly pitfalls faced by many new entrepreneurs. Be smart as we highlight what you need to know — from sales, human resources, to running your business to success. Below are 25 common mistakes to avoid before opening for businesses. We have included also the 25 corrective activities on how you can [...]

July 1, 2019 By Abbakin Startup Businesses business startup, How to Start Online Business, Starting a Business 0 Comments

How to Write a Business Plan in Nigeria

Learn how to write a business plan in Nigeria with our free business plan sample. Most Nigerian entrepreneurs and companies do not have or implementation business plans when starting or growing their businesses. They perhaps believed that business plan is just a document on paper that will not give them the most need capital to scale up their business ideas or investment. Of course, a business plan is a written document that describes a business, its products or services, strategies [...]

April 27, 2019 By Abbakin Startup Businesses business startup, Business tutorials, How to Write a Business Plan, Small Business Ideas 0 Comments

Parameters to Include in your Business Plan Template

Most entrepreneurs are reluctant to write down their business plan but we have made this process easier for you with our free business plan template; including the main parameters to include in your business plantemplate to help building a plan seamlessly. This free business plan template provides a systematic assessment of all the factors critical to your business purpose and goals. It contains the information required by financial institutions, tax authorities and potential investors for assessing your business idea and loan applications. Preparing and maintaining a working [...]

April 26, 2019 By Abbakin Startup Businesses How to Write a Business Plan, Small Business Ideas 0 Comments

How to Write a Vision Statement for Business

This article focus basically on how to write a Vision Statement for business. A unifying business idea that transcends the company’s profit motive or vision is a vital ingredient to all organizational decision making and most effective corporate cultures. One of the basic principles of business is to make profits. But this session is going to emphasize on the importance for companies to build a brand on ‘purpose’ and not only for making money. This is because many CEOs and funders are [...]

April 15, 2019 By Abbakin Startup Businesses Entrepreneur Ideas, Small Business Ideas, Starting a Business 0 Comments

10 Important Questions to Answer Before Starting a Business

These important questions to answer before starting a business emphasizes on ways startups can discover their entrepreneurial potentials and reasons why they should be in business. So you have what it takes to be an entrepreneur? Now it’s time to focus the beam on you as intending entrepreneur or one already in business. If you are just starting up, you will need a plan of what resources are required to achieve your main objectives; And by analyzing these strategic factors such as: your Strengths, your Weakness Attributes; [...]

April 14, 2019 By Abbakin Startup Businesses 0 Comments

Methods Entrepreneur Can Use To Evaluate A Business Idea

This article outlines the key methods entrepreneur can use to evaluate a business idea before starting up, solving real problems and adding value to the world. If you want to start a business or planning to launch a new product line, you’ll need to think carefully about your business idea and find out if it’s a great idea that could turn into a useful product or service. The first thing to do when you get a business idea is to determine whether it’s a good [...]

April 14, 2019 By Abbakin Startup Businesses business startup, How to Write a Business Plan, Innovative Business Ideas, Small Business Ideas 0 Comments

40 Small Business Ideas You Can Start With Little or No Money

If you are thinking about stating your own business but have no capital, here is a list of small business ideas you can start with little or no money. Once you are satisfied that you have the potentials to succeed as an entrepreneur, you must decide on which business is best for you. However, starting the wrong kind of business is the most frequent mistake start-up entrepreneurs usually make. If you have not yet decided on a business, we have put together this list of 31 [...]

March 16, 2019 By Abbakin Startup Businesses business startup, Online Business Ideas 0 Comments

How to Develop a Winning Business Plan in Nigeria

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. This post outlines how to develop a winning business plan in 5 easy steps. It includes free access to our Sample Business Plan, Worksheets, 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 is a [...]

March 13, 2019 By Abbakin Career Development, Startup Businesses How to Write a Business Plan, Small Business Ideas, Starting a Business 0 Comments

Factors Affecting The Nigerian Business Entrepreneurs

This article takes a look at the key factors affecting the Nigerian business entrepreneurs or the Micro, Small and Medium size Enterprises, (MSMEs) receptively. Entrepreneurship space is currently experiencing rapid grow in Nigeria, perhaps due to the high unemployment rate which climbed to a six-year high of 18.8% in the third quarter of 2018, – according to the most recent data provided by the National Bureau of Statistics (NBS). But only 20 percent of these businesses survive the first few years of their establishments. As an [...]

February 10, 2019 By Abbakin Startup Businesses Business Ideas, Business Management Training, How to Form a Company, Small Business Ideas 1 Comment

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 [...]

February 1, 2019 By Abbakin Business Financing, Startup Businesses Business Loans, Financial Consultant, Financial Planning, Sources of Business Finance 4 Comments