Startup Businesses

This website is for people who want to start a business or have already started their business and now looking for useful tools, business information, marketing ideas and resources to help them take their business enterprises to the next level. The Startup Businesses blog section focuses on topics such as business organisational structuring, business planning and business plan templates you can use and product development strategies, How to raise money or capital for your business, how to setup your accounting department, recruiter the right employees and avoid the guesswork, marketing case studies and  IT tools to help your grow your business in the shortest time frame.

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...

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...

10 Reasons Why Nigerian Businesses Fail

Why do small businesses fail in Nigeria? This post will bring to the limelight the key reasons why Nigerian businesses fail. Sometimes, a failing business may be in such a way that the entrepreneur founder or the business owners are unaware of this failure happening until it is often too late. Without doubt, most business professionals know that lack of good management system in a firm's structure has many negative ways of affecting the success fortuity of most businesses. Thus, the leading...

Laws And Regulatory Agencies That Govern Foreign Investment In Nigeria

The article contains the principal statutes, business laws and regulatory agencies that govern foreign investment in Nigeria. It features key Nigeria business laws and the investment regulatory agencies you will contact for a specific guide you need regarding stating or investing into a business in Nigeria. Below is a list of 15 laws and regulatory agencies that govern foreign investment in Nigeria.   LAWS AND REGULATORY AGENCIES THAT GOVERN FOREIGN INVESTMENT IN NIGERIA #1.    Companies and Allied Matters Act (Chapter C20), LFN...

Best Social Media Marketing Agency in Lagos Nigeria

Looking for data driven social media marketing agency in Lagos Nigeria that understand the benefits of social media platforms like Facebook and Twitter? Abbakin is a Lagos-based social media management agency committed to lead generation and effective social media campaign for our clients. As the business owner or marketer, building a social media audience should be an essential part of your digital marketing strategy. Most customers today access business information via their smartphones. By leveraging best social media tools, social...

7 Tips For Achieving Success In Your Business

If you’re trying to start your business or personal life, here are some of the best tips for achieving success in your business to get you up and running. You will succeed in your business if you have a positive attitude, believe in yourself, build positive habits, make wise decision, set and achieve SMART goals, use your imagination and persist in your journey despite the huddles. Business success is not just about making money. It is about finding true value within oneself, your industry and being...

How to Setup Accounting Department for Small Business

This post will show you how to setup accounting department for small business (SMEs), including other elements that you need in setting up your financial reporting and account management systems. As one of the best accounting and audit firms in Lagos Nigeria, we can help you grow your business with a functional accounting department, small business accounting services, bookkeeping and accounting software solutions. Setting up an accounting department is perhaps the most significant steps to start an organization on a...

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